us toy market

A freezing streetcar ride in 1902 inspired Mary Anderson to invent the windscreen wiper. Despite her practical design, market indifference and the nascent automobile industry meant her patent expired before she profited. However, as cars became essential, her concept evolved into a vital safety feature, now a global standard, proving that great ideas can triumph over initial apathy.

US courts have again blocked Trump's 10% global tariffs, deeming them unauthorized. This ruling, following earlier tariff invalidations, signals a return to WTO's MFN rates. For India, this policy instability raises concerns, prompting advice to pause Free Trade Agreement talks until US trade systems stabilize, preventing one-sided deals.

ATOYUS Children's Activity Cubes are being recalled due to choking hazards posed by detachable components like xylophone screws and clock hands. The U.S. Consumer Product Safety Commission identified the toy's mallet ends as a risk, stating it fails federal safety standards. Consumers are urged to immediately stop using the toy and keep it away from children.

Global condom giant Karex Bhd is hiking prices by up to 30% due to Iran war-induced supply chain disruptions and soaring raw material costs. Naphtha shortages are crippling production, leading to a worldwide shortage of essential goods, from condoms to plastic packaging, impacting public health initiatives, especially in developing nations.

Theodor Seuss Geisel, or Dr. Seuss, revolutionized children's books with his unique rhymes and colorful illustrations. His works like 'The Cat in the Hat' and 'Green Eggs and Ham' made reading fun and accessible. Geisel's career spanned writing, illustrating, and even political cartoons. His legacy continues to inspire, though some early works faced criticism for offensive stereotypes.

President Trump sharply criticized Pope Leo XIV, labeling him "weak on crime" and "terrible for foreign policy." Trump accused the pontiff of being soft on Iran's nuclear ambitions and opposing US military actions, while the Pope had called for peace and dialogue amid global conflicts.

The Super Mario Galaxy Movie continues its impressive box office run, raking in USD 69 million in its second weekend to surpass USD 308 million domestically. Despite a slight dip, the film is a massive hit.

India has a big chance to become a major toy exporter. The US-China tariff war creates an opening for India. The US increased tariffs on Chinese toys. Indian toy exports are already growing. Local manufacturers are scaling up production. West Bengal is urged to develop a toy manufacturing hub. This could create jobs and investment.

The star of the YouTube channel Ryan ToysReview, known simply as Ryan (his last name and location are held secret), was the 8th best paid YouTuber last year and has over 15 million subscribers. His family started recording and posting videos of him in March 2015

Toys 'R' Us, the global toy retailer, is set to manufacture private label products in India by mid-next year. The decision is driven by the Bureau of Indian Standards mandating the ISI mark on all toys sold in the country.

Exports of Chinese toys soared in the first 10 months of 2007 touching USD 7.07 billion, registering a robust 20.1 per cent growth over the same period the previous year.

Hasbro Inc, world’s largest publicly traded toymaker, which has licenses for popular franchises such as “Frozen” and the “Avengers,” said US goods produced in China could drop to about 50% by the end of 2020. The company leaders said that they are adding new geographies for production. Hasbro is the latest firm changing its strategy amid heightened US-China tension.

Infant toys, dolls, soft toys to remote controlled toys along with educational, electronic, precision to heritage toys, games and puzzles, hobby sets etc are some of the attractions at the 2nd edition of the ‘Khilona - India Toys and Games Fair ’23,’ which began at India Expo Centre and Mart in Greater Noida on Friday.

The rising yuan, escalating production costs and trade protectionism have driven out of the market more than half of toy exporters in China, the world's largest supplier of toys.

Adults love buying, playing and investing in toys and games.

Indian toys are making waves globally, with exports surging to 153 countries. The industry's growth is fueled by a mix of handcrafted heritage toys and mass-produced items meeting international standards. Toy exports have increased by 239% since 2015.

BANGALORE: It's not all child's play when it comes to toys. While abroad, toys are considered educational tools for a child's self-development, Indians look at toys as mere playthings.

Reliance Brands will take Hamleys toy stores to the US and Canada to capitalise on the vacuum created by liquidation of one the world’s largest toy store chain Toys R Us.

Three-year-old Tejas celebrated his birthday on August 31, a day after Prime Minister Narendra Modi put the spotlight on India’s toy industry in his Mann ki Baat programme on radio.

Forty-five-year-old Guru Mandal make intricate toys in the shapes of mongoose and caterpillars using paper, gum, mud and elastic.