Toy buyers looking to nab the year's hottest games, gear, dolls and other playthings have descended on the American International Toy Fair, which officially kicked off on Sunday.
Registration for the event is up 18 percent from last year, according to the Toy Industry Association, and organizers were hopeful that would translate to robust sales for the beleaguered industry.
In 2004, toy sales slumped 3 percent to $20.1 billion, and would have been worse if not for brisk December sales of electronic toys, according to data from market researcher NPD Group.
"The toy market is very mature, so toy manufacturers are getting creative," said Reyne Rice, toy trends specialist for the Toy Industry Association.
"Manufacturers are trying to incorporate more technology and reach beyond traditional toy retailers so they can tap into new wallets."
With the price of technology coming down, toy makers can add interactivity to an item without tacking too much on to the price at retail.
Hasbro Inc
All content posted on this site is commentary or opinion and is protected under Free Speech. Truth Publishing LLC takes sole responsibility for all content. Truth Publishing sells no hard products and earns no money from the recommendation of products. NaturalNews.com is presented for educational and commentary purposes only and should not be construed as professional advice from any licensed practitioner. Truth Publishing assumes no responsibility for the use or misuse of this material. For the full terms of usage of this material, visit www.NaturalNews.com/terms.shtml