Chinese costs tighten

Baby toy manufacturers to switch to other product lines or cease operations according to a report.
Publish date:
Social count:

The costs associated with complying to stricter overseas and domestic regulations is pushing many small to medium baby toy manufacturers to switch product lines or close down, according to Global Sources’ China Sourcing Report: Baby Toys.

The survey found that 41 per cent of suppliers believed stricter overseas standards would be a big challenge over the next year. 23 per cent identified price competition as their biggest challenge while 18 per cent indicated higher raw material costs.

Other challenges indicated were design copying, piracy and labour shortages.

"Due to these higher costs, we expect consolidation in the industry with a number of small to medium manufacturers switching to other product lines or shutting down permanently,” Spenser Au, the report’s publisher said.

"Due to higher operating costs, including raw material and labour costs, most manufacturers said they plan to raise prices in 2008,” Au also said.

Accordingly, 82 per cent of manufacturers surveyed plan to increase prices, with almost 60 per cent of respondents saying they’ll limit the price increases by up to five per cent.



The real cost of toys

Richard Heayes looks at how our industry manages the delicate balancing act between making great products and also being environmentally conscientious.


Chinese to sue Mattel?

Reports from China say that the government of Guangdong Province may help local manufacturers file a lawsuit against Mattel.

Featured Jobs

Vivid Job Logo 620 x 349

Digital Marketing Executive - Toys & Games

Vivid is Britain’s biggest toy company and the 20 largest in the world. With offices across the globe, they sell an amazing portfolio of toys and games to over 60 countries. Vivid is best known for its association with blockbuster brands and is very excited about future opportunities around the world.


UK Sales Agents

Liberty House Toys have been appointed as the exclusive UK distributor for the BiOBUDDi brand, and we are pleased to introduce this new unique, innovative and exciting range of 100% environmentally-friendly toy building blocks. We are seeking experienced sales agents with existing network in the toy retail market.

Gameplan Job Logo 620 x 349

Head of Product Development & Marketing

Our client is a privately owned French toy and games manufacturer which sells through distributors in forty countries. The company develops and sells innovative electronic interactive toys and games for the educational and gaming markets, and also takes suitable licenses. To progress its successful business development a Head of Product Development & Marketing is to to recruited.

HIT Entertainment Job Logo 620 x 349

Licensing Systems Administrator

The Contract System Coordinator is a newly created role to support the deal term entry process into Mattel’s new Contract Management System for its Licensing business. The role will support the Business Teams at the Deal & Amendment phase of the contracting process and act in conjunction with the System Administration team.