The Toy Industry in Yiwu Small Commodity Wholesale Market is Very Stable

The market of the toy industry fell. After the peak sales season in April and may, the sales decreased in June and July. Although affected by the pressure of rising raw material and labor costs, the prices of some products increased slightly, but the industry prices were generally stable.

1. The sales of cosmetic toys in Yiwu Commodity Wholesale Market dropped cyclically, and the sales of gardening toys decreased

As the northern hemisphere enters summer, the domestic and foreign demand for outdoor toys such as gardening toys has fell, while the sales of highly export-oriented toys such as cosmetic toys have declined due to the cyclical procurement off-season of foreign customers.

2. Fine and beautiful toys are popular in Yiwu Commodity Wholesale Market, and the product design is diversified

With the improvement of toy production level and product technology content, various fine and beautiful toys are favored by buyers, and the prototype of product design will tend to learn from popular foreign social games, cartoon characters in mobile games, etc. For example, the prototypes of more popular foreign games such as Fishing Men and Heart of the Sea are used for reference by fishing toys. These toys are in line with the perception of foreign buyers, so they are more popular.

3. The product quality of Yiwu Commodity Wholesale Market has been improved due to strict commodity inspection, and price is still an important factor affecting procurement

Since the export of toys needs to go through commodity inspection, the United States, the European Union and other countries prohibit the use of all allergic substances in toys, as well as any substances that are carcinogenic, mutagenic or harmful to human reproduction.

In the face of more stringent commodity inspection requirements this year, many manufacturers can only strive to improve product quality in order to pass the commodity inspection, resulting in rising production costs. But most foreign customers prefer low-end toys, so price is still an important factor in determining their purchasing power.

Yiwu International Trade City is a major wholesale market complex in Yiwu, Zhejiang, China. It is the largest wholesale market in China. There are many other large wholesale markets in Yiwu, including the Huangyuan market for clothing, several furniture markets, a capital goods market, and more.

It is the largest wholesale market in the world and the best wholesale market in China, according to CNN, selling "relatively cheap, non-tech, mass-market" goods and is the main channel for many of these goods. The Yiwu Small Commodities Wholesale Market is divided into 5 districts covering an area of 4 million square meters and 75,000 booths, of which 10,000 suppliers exhibit 400,000 products. If it is necessary, welcome to consult us.