By 2030, and that estimate is at the conservative end of the scale. But falling birth rates and some of the highest inflation rates we ve seen in decades have created challenging conditions for manufacturers and retailers, and signal more tough times to come. While the covid pandemic boosted sales of toys and games temporarily, big name companies report that sales have started to slip back once again. Let s have a look at some of those numbers. Global toy sales reached $108] billion in 2023, a 2% drop compared to 2022, with toy companies calling it a normalisation process after that exceptional growth linked to the pandemic. But across the 612 countries, including the uk, france, germany, and spain, sales declined by 7% in 2023 compared with the previous year, but they were still 17% higher when compared to 2019, before the pandemic. I caught up with the boss of build a bear, a much loved company which allows shoppers to customise their own teddies. She s also the head of the global or
Brands barbie, fisher price and moi, that is mattel to find out how his company s fortunes are being revived. Wherever you are joining around the world, once again hello and welcome to the programme. It is a billion dollar industry driven by creativity and innovation with a global reach and a diverse market. The toy industry is forecast to reach $302 billion in sales by 2030 and that estimate is at the conservative end of the scale. But falling birth rates and some of the highest inflation rates we have seen in decades have created challenging conditions for manufacturers and retailers and signal more tough times to come. While the covid pandemic boosted sales of toys and games temporarily, big name companies reported sales have started to slip back once again. Let s look at some of those numbers. Local toy sales reached $108. 7 billion in 2023, a 2% drop compared to 2022 with toy companies calling it a normalisation process after that exceptional growth linked to the pandemic. But acr
Give the toy industry a much needed boost? this time, it s not about spending on toys for children, but adults so called kidults. An emerging generation of over 18s is snapping up collectables and nostalgia brands, and they say it s good for their mental health. I m going to be discussing that and more with my guests the boss of build a bear, the stores where you can create a bespoke teddy bear, and the chief executive of the world s biggest toy company and arguably one of its most iconic brands, lego. I ll also be catching up with the president of the company behind leading toy brands barbie, hot wheels, fisher price and more that s mattel to find out how tv and movie tie ups are reviving his compa ny s fortunes. Wherever you rejoining me from around the world, once again, a big hello and a warm welcome to the programme. It s a billion dollar industry driven by creativity and innovation, with a global reach and a diverse market. The toy industry is forecast to reach $302 billi
Time to get a full round up of the sport. Its looking ever more unlikely for england to get something in this fifth and final test match against india. The hosts are 255 runs ahead at the end of day two. India had centuries from the captain rohit sharma and shipman gill in a way to the total of 270 33. James anderson Guarding Gill and he has now won away from a landmark 700th test wicket. India with an unassailable three zero lead. Theres always going to be noise around and pressure. That was still very. There was a possibility i could be playing the previous night. It was a tough night sleep but thats how it is. Its something you also enjoyed the same time. You want to live for those days so i was really happy. To live for those days so i was really happy to live for those days so i was really happy. To live for those days so i was reall ha. M. , really happy. The f1 champion Max Verstappen really happy. The f1 champion Max Verstappen tapped really happy. The f1 champion Max Verstappe
North easterly wind so temperatures around 15 degrees and even the highest temperatures in the west, 23 or 2a degrees in the warmest places. On wednesday, predominantly dry again, probably less of that north sea cloud and what little we have a good link in one or 2a degrees in the warmest places. On wednesday, predominantly dry again, probably less of that north sea cloud and what little we have good link in one of two areas of the east coast but otherwise more sunshine so more of us probably seeing a climb into the low to mid 20s in the warmest areas. Beyond that, the fine and dry and settled run continues through the rest of the week but heading into the weekend, the Humidity Levels start to rise, as to the temperatures with highs in the Mid To High 20s but we are likely to see them heavy showers and thunderstorms working in which will bring some areas rain and of course gardeners might want that because it has been very dry for the last few weeks. Thanks, chris. And thats bbc news a