Kids India KidsIndiaMag_Issue_III | Page 10

THE THREE REGIONS THAT WILL LEAD LICENSED TOY GROWTH Page 08 | Kids India Mag Issue III : April 2018 30.00 MULTIGENERATIONAL LICENSES BROADEN THE MARKET Multigenerational licenses which have been around for decades, such as Teenage Mutant Ninja Turtles or Transformers, are increasingly popular in North Amer- ica and Western Europe and are furthering their licensed toy growth potential. These licenses were the childhood favourites of many of today’s parents and allow them to share some of their favourite char- acters with their children. Licensed toys retail value sales by region 2017/2020 25.00 USD Licensed toys have increasingly become a vital part of the traditional toy market, with licensed toys expected to grow by 14% from 2017 to 2020 reaching USD 26 billion in sales. This growth is far above non-licensed products. While there will be numerous factors behind this growth, smartphone proliferation, the growing popularity of multigenerational licens- es as well as local licenses in Asia Pacific are expected to be the core reasons . 20.00 15.00 10.00 5.00 0.00 North America 2017 Western Europe 2020 Asia Pacific All other regions