The US business website businessinsider released a report on the global toy industry’s 2017-2021 trend. This report is based on in-depth market analysis and the opinions of industry experts. It is predicted that the global toy market will grow at a compound annual growth rate of 6.71%, and the users of sex toys are concentrated in the 30-50 years old. The details of this report are paid. The following is a summary:
- The mainstream class (middle class) ‘s acceptance of adult sex toys will be recognized as the main driving force for market growth; products such as vibrators, collars, and simulation appliances have been used by a large number of adult users. Many people think that talking about, using, and having sex toys are immoral and inappropriate. To overcome these challenges, sex toy businesses need to rebrand and reposition their markets to change their perceptions.
- 3D printing technology has imagination space;
- The number of LGBT people is growing. With the liberation of personality, more and more people dare to publicly acknowledge their own distinctiveness (coming out), and the number of people with special sexual orientation in society is growing rapidly;