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China Toys Market: Analysis & Forecast 2018-2023

by mronchina2 months ago
tags: China Toys Market

The China Toys Market was worth US$ 12.0 Billion in 2017. The market is further projected to reach a value of US$ 22.5 Billion by 2023, exhibiting a CAGR of 11% during 2017-2023. China is one of the leading toy markets in the world and its potential growth has created a huge opportunity for domestic and iqacnternational toy manufacturers. The demand for toys in China is changing from traditional and decorative toys to electronic or remote-controlled toys. With inflating income levels of urban dwellers and rising standards of living, a shift has been witnessed from conventional toys to innovative electronic and plush toys. Moreover, the recent relaxation of the one-child policy in China has also added a large number of new-borns to the population, thereby expanding the consumer base of the toys market.

 Browse our full report with Table of Contents :http://www.marketreportsonchina.com/MarketReports/china-toys-market-industry-trends-share-size-growth-opportunity-and-forecast-20182023/1225914

 Contact us:Market Reports on ChinaTel: +91 22 27810772 / 27810773Email: info@marketreportsonchina.comWeb : http://www.marketreportsonchina.com

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