Sinotrust, China’s leading market research institution, recently pointed out that the toy industry is a sunrise industry in China after multiple surveys on the kids market. At present, the world’s toy market is growing at the average rate of 5% per year. However, as compared with the overseas toy market, the domestic toy market lags behind for over a decade at least. Although China is the world’s largest toy manufacturer and exporter, the United States is the world’s largest consumer market of toys.
To read the full report click on the link: Sinotrust company news_China’s toy industry for kids enjoys huge market potentials