Islamabad: In recent times, shopping malls in China have seen a vibrant atmosphere, thanks to a unique range of creative toys that have captured the interest of consumers. These toys have become a favorite among the Chinese populace, contributing to a bustling shopping experience.
According to the “Creative Toys Industry Development Report 2023,” the retail market size for creative toys in China has dramatically increased from just 6.3 billion yuan in 2015 to 34.5 billion yuan in 2021. Projections suggest that this figure could soar to 110.1 billion yuan by 2026.
Creative toys are typically designed by artists and designers, appealing to collectors and hobbyists. Unlike traditional toys aimed at younger children, these innovative toys are particularly popular among individuals over 15 years old who enjoy purchasing and collecting them.
China has established a comprehensive industrial chain for the manufacturing of these creative toys. This rise not only injects new energy into the Chinese economy but also underscores a solid foundation for the country’s economic development.
