The international landscape for the children’s toy industry in 2024 is characterized by both challenges and opportunities. The global toy market is projected to reach $130 billion, with a compound annual growth rate of 2.49% until 2028. Key markets like North America and Europe remain robust, while Asia-Pacific shows significant growth potential. The rise of smart toys, driven by technological advancements, and the increasing demand for educational and eco-friendly toys pose new trends. However, economic uncertainties and intensifying competition from emerging markets like India and Vietnam pose challenges. Looking ahead, toy manufacturers must innovate, focus on quality and safety, and leverage digital platforms to capture the growing online consumer base. 😃 #STEMToys #CollectibleToys #EcoFriendlyToys #AIandSmartToys #ARVRToys #PersonalizedToys #PlushToys #EducationalToys #OutdoorToys #SubscriptionToyBoxes