Toys are critical for children’s cognitive and physical development. They not only help children develop cognitive abilities, but also help toddlers’ bones and muscles grow stronger. Additionally, toys provide endless entertainment and help children develop emotional intelligence. The toy industry is perennial and has experienced rapid growth over the last several years. The global toy market is expected to grow from $83.1 billion in 2015 to $94.7 billion in 2020. Toy sales in the United States increased by 16.7 percent in 2020, reaching $32.6 billion in total volume. Due to the pandemic, demand for building sets, games/puzzles, and other indoor toys is increasing. Asia’s emerging economies, particularly India and China, as well as developing countries with relatively rapid population growth, offer significant growth opportunities for global toy companies.
Here is Insider Monkey’s list of the 15 Most Valuable Toy Companies In The World. Lexibook – Linguistic Electronic System Société anonyme operates in over 40 countries and markets its products. The company was founded in 1981 and is based in Les Ulis, France. Lexibook operates three subsidiaries in the United States of America, Hong Kong, and Spain. Playmates Toys Limited began as a doll manufacturing company in 1966. During the 1970s, it produced the popular dolls “Shirley” and “Dolls of All Nations.” After a period of rapid growth, total revenue increased to $37.31 million in fiscal year 2020. JAKKS Pacific, Inc. ranks 13th on our list of the world’s 15 most valuable toy companies. Jack Friedman founded the company in 1955 and it is a licensee of well-known trademarks such as Nintendo, Star Wars, and Disney. Dream International is ranked 12th on our list of the world’s most valuable toy companies. For more than two decades, the company has been in the toy business. Dream International employed 23,928 people in Hong Kong, China, South Korea, Vietnam, Japan, and the United States of America as of 31 December 2020. Zapf Creation began in 1932 in Rodental, Germany, as a small doll-making factory. The company’s most popular brands include Baby Born, Baby Annabelle, and CHOU-CHOU. Dolls sucking their feeders, crying, joyfully laughing, wetting their diapers, and even swimming in a pool. Goldlok Holdings Co., Ltd. is ranked tenth on our list of the world’s fifteen most valuable toy companies. The company has been in operation for over 30 years and currently employs 917 people. For more details, click 15 Most Valuable Toy Companies In The World.
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