Toy Sales Across Key Global Markets Grew by 4 Percent in the First Half of 2018, Reports NPD
Port Washington, NY, August 14, 2018
Across the 13 international markets tracked by The NPD Group, a leading global information company, toy industry sales reached $18.4 billion in the first half of 2018, up 4 percent over last year. *
Mexico grew the fastest, +15 percent, while Brazil followed with 11 percent growth, and the United States at +7 percent. Europe posted a 1 percent decline as growth in Germany, Russia, Italy, and Spain was offset by slight declines in other countries.
Toy Sales Globally and in the U.S. Both Grow by 1 Percent in 2017, Reports The NPD Group
25 January 2018
Toy industry sales grew by 1 percent in 2017 across the 12 global markets tracked by The NPD Group, a leading global information company. On par with the world’s collective performance, toy sales in the United States, the world’s largest toy market, grew by 1 percent to $20.7 billion in 2017*. Partially driven by inflation, Mexico and Russia grew the fastest, with sales in these countries up 12 percent and 11 percent, respectively. The United Kingdom, France, and Australia experienced declines, while sales were flat in Germany and Italy.
Free Product Safety Trainings for Toys Manufactured in China and Vietnam: March 2018
25 January 2018
13 March 2018 in Shanghai | 15 March 2018 in Guangzhou | 20 March 2018 in Ho Chi Minh
CPSC Staff in cooperation with the American Chambers of Commerce in Shanghai, Guangzhou, and Vietnam will conduct free product safety training for buyers and sourcing professionals buying apparel, electronics, and toys manufactured in China and Vietnam, respectively.
Research: Moms More Likely to Choose Toys Linked with Developmental Benefits & The Genius of Play
16 January 2018
New research commissioned by The Genius of Play, The Toy Association’s initiative to raise awareness about play’s critical role in child development, finds that moms of young children are more likely to choose toys for their kids that incorporate developmental messaging than toys that do not. In light of these findings, toy companies are encouraged to use free resources available through The Genius of Play assets page in their communications with consumers, including play facts, research, and social media assets.
ICTI CARE Develops Auditor Assessment Tool
4 July 2017
ICTI CARE, the leading responsible sourcing program for the global toy industry, has developed a confidential auditor assessment tool that enables toy factories to evaluate the performance of on-site auditors. The online tool, which is integrated into ICTI CARE’s responsible sourcing platform, is the first of its kind for factories undergoing social compliance audits.
Global Toy Industry Priority Issues and Projects Discussed at 43rd Annual General ICTI Meeting
23 June 2017
Representatives of national toy trade associations from around the world convened in Sydney, Australia last week for the International Council of Toy Industries (ICTI) 43rd Annual General Meeting. Hosted by the Australian Toy Association (ATA), the June 11-13 meeting explored issues currently affecting the worldwide toy industry—including the future trends of toys, the value of play, social responsibility, and standards and regulatory issues.
International Screen-Free Week Encourages Families to "Enjoy Life Beyond the Screen"
1 May 2017
Screen-Free Week kicked off May 1, encouraging schools, libraries, families, and communities around the globe to host events designed to help children turn off screens in order to connect with nature, family, and their own creativity. Organized by Campaign for a Commercial-Free Childhood (CCFC), the celebration runs through May 7.
Mojo Nation Champions the Global Toy Inventor and Designer Community
18 April 2017
For toy inventors and designers looking to bring their product to market, Mojo Nation is a new resource striving to bring attention to, create opportunities for, and accelerate the careers of the creative toy community. Toy News Tuesday editors sat down with Billy Langsworthy, the organization's co-founder and the former editor of ToyNews in the UK, to discuss the importance of celebrating and supporting the global inventor and designer community.
Strong Market Surveillance Helps Children Play Safe
16 March 2017
The publication of the 2016 Rapid Alert System Statistics by the European Commission highlights the importance of an effective and well enforced market surveillance system to catch disreputable companies who avoid implementing the rules.
Global Toy Market Approaching $90 Billion in 2016
16 December 2017
The global toy market is expected to exceed $90 billion in sales in 2016—a record for the toy industry—according to a new report by The NPD Group and the International Council of Toy Industries (ICTI).
ICPHSO International Symposium to Take Place During "Product Safety Week" in EU
17 August 2016
The International Consumer Product Health and Safety Organization (ICPHSO) will bring together product safety professionals from across industries and global markets to discuss issues of interest to product safety professionals at its International Symposium in Brussels, Belgium on November 14-15, 2016.
Information Technology Agreement’s Duty-Free Treatment In Effect For Certain Electronic Toys
13 July 2016
Exporters in various industries from toys to medical supplies have begun experiencing the benefits of lifted tariffs due to the Information Technology Agreement’s expansion, which was enacted on July 1st. More than 200 information technology products now receive duty-free treatment, including certain types of electronic toys.
TIA President's Letter: Panama Canal’s Expansion No Guarantee For Smooth Sailing
5 July 2016
Toy Industry Association (TIA) President & CEO Steve Pasierb provides his thoughts on the Panama Canal's recent expansion and why it may be too soon for the toy community to expect a positive impact.
Brexit and Toys: Keep Calm and Carry On For Now
5 July 2016
On June 23rd, the United Kingdom’s citizens voted 52% to 48% to secede from the European Union in a referendum commonly referred to as “Brexit.” Though Britain’s full withdrawal from the U.K. could take more than two years once fully approved, regulations and tariffs applicable to toys sold in the British market may be impacted.
ICTI CARE Publishes Ethical Recruitment Guide For Toy Factories
23 June 2016
The ICTI CARE Foundation has released a free Recruitment Practices Briefing guide to help toy factories plan for increased workforces during the peak summertime manufacturing season.
President Obama Signs Long-Awaited TSCA Reform Bill Into Law
22 June 2016
Critical legislation reforming the outdated Toxic Substances Control Act was signed into law last week by U.S. President Barack Obama, representing the first meaningful update to the law in 40 years. The new legislation reflects scientific and technological advances and ensures that a uniform federal policy will regulate chemicals across all 50 states.
ICTI Forms Year-Round Working Groups During 42nd Annual General Meeting
17 June 2016
National toy trade association delegates from around the world convened in Annecy, France from June 5-7 for the International Council of Toy Industries (ICTI) 42nd Annual General Meeting.
“Toy Preview Month” To Take Place This September - Q4 Buying Circuit To Culminate At Fall Toy Preview (Sept. 27-29)
16 June 2016
The Toy Industry Association (TIA) has officially dubbed September 2016 “Toy Preview Month” to mark a jam-packed schedule of product preview meetings slated to take place across the nation throughout September, culminating with TIA’s Fall Toy Preview event on September 27-29 in Dallas, TX.
Genius Of Play Gets Physical This Summer
13 June 2016
With summer just around the corner, the Genius of Play hopes to inspire parents, caregivers and others to engage in active play. Starting this week through July 17th, the toy industry’s research-backed initiative to bring more play into kids’ lives will launch a social media campaign focusing on the key benefits of active play and its role in kids’ physical development.
ICTI CARE To Host Webinar on Responsible Sourcing in the Toy Industry
24 May 2016
ICTI CARE will host a complimentary webinar for toy and entertainment industry stakeholders to provide an overview of responsible sourcing and a better understanding of the ICTI CARE Process. The session will take place on Thursday, June 9 at 10:30 a.m. Eastern.
The Genius of Play Launches New Campaign: It's More Than Play in 2016
17 May 2016
The Genius of Play, the toy industry’s research-backed initiative to bring more play into kids’ lives, today announced its new theme, “It’s More Than Play.” By focusing on six key skill areas children learn through play, “It’s More Than Play” aims to deepen parents’ and caregivers’ understanding of play’s developmental benefits.
Electronic Products on the Agenda for EU Environment Conference in Washington
9 May 2016
On June 3rd, Europe’s Commerce Department will host its annual EU Environment Conference at the U.S. Department of Commerce building in Washington, D.C. Registration is still open for toy industry professionals who do business in Europe.
ICPHSO to Hold Southeast Regional Product Safety Training Workshop
5 May 2016
On June 2nd, the International Consumer Product Health and Safety Organization (ICPHSO) will host its southeast regional product training workshop at The Home Depot corporate facility in Atlanta, Georgia. The event is open to all product safety professionals – including regulators, retailers, and manufacturers.
Companies Shipping Toys To Indonesia Need To Switch To Local Test Labs In April
19 April 2016
The Toy Industry Association (TIA), along with a coalition of other stakeholders, has been working over the last several years to effect changes in the onerous Indonesian toy import regulations due to issues with certain requirements. One such issue is the decree that two years after implementation, testing must be conducted at a laboratory located in Indonesia.
Genius of Play Takes Center Stage in D.C.
18 April 2016
“Play” has been the talk of the town in Washington, D.C., and the Genius of Play has been at the forefront of the conversation. Genius of Play took the capital by storm with an April 15th congressional lunch briefing at the Rayburn House Office Building and a booth at the 4th USA Science and Engineering Festival from the 15th to the 17th.
Segway Patent Infringement Complaint Halts Several Hoverboard U.S. Imports and Sales
28 March 2016
Segway’s two-year-old patent infringement complaint has resulted in a general exclusion order issued by the U.S. International Trade Commission (ITC). This order bans several types of self-balancing devices, best known as “hoverboards,” from being imported or sold in the U.S. Thirteen companies were named in Segway’s complaint, five of which had their cases terminated by reaching settlements or consent orders.
Exploring Tech Trends 2016: in Flight and on the Ground
22 March 2016
The year’s tech toys will make playing outdoors even more fun and those inevitable days inside the house much more enjoyable. The range of tech products unveiled in February at the 113th North American International Toy Fair will provide hours of play and further inspire tech-savvy kids and adults.
ICPHSO 2016 Symposium Offers Glimpses of a Safer Tomorrow
8 March 2016
LMore than 750 product safety professionals from around the world convened at the ICPHSO 2016 Symposium from February 29 to March 3 in Washington, D.C.
LEGO Announces Changes in Leadership
1 March 2016
LEGO announced last week that effective April 1st, Søren Torp Laursen, LEGO Systems’ head will be stepping down and taking on a new position outside the LEGO group. Skip Kodak, who currently heads the company’s Supply Chain Planning & Distribution, will succeed him.