Are you looking for the most profitable toy companies in the world? You've come to the right place. In this article, we'll take a look at the 10 most profitable toy companies in the world, from Hasbro to Mattel and Lego. We'll also discuss the industry trends that have made these companies so successful and how they are adapting to the changing market. At number 2 on our list is the giant toy manufacturer, Hasbro. This American toy company, headquartered in Rhode Island, is one of the largest toy manufacturers in the world.
Founded in 1923, Hasbro produces Angry Birds toys, Battleship games, Beyblade, Candy Land, Marvel toys, Monopoly, Nerf Guns, Star Wars toys, Super Soakers, Scrabble, Transformers and much more. Lego has had a good run in recent years. Those little colored bricks and minifigures have made the Danish manufacturer outperform Mattel, the manufacturer of Barbie and Hot Wheels, to the top spot as the most profitable toy company in the world. Last year, Lego took the number two spot from Hasbro.
Clementoni is another popular toy company. From baby toys to educational games to scientific games, Clementoni offers all kinds of toys and is considered one of the world's top toy companies. Fisher-Price has produced thousands of toys over the past 90 years and is best known for its popular series Power Wheels, Rock-a-Stack and Chatter Telephone. Nerf produces toy guns that shoot foam darts, discs and even arrows and is a popular toy among American children. Mattel sells its products in stores like Walmart and Target and used to sell them on Toys r Us but has recently made a move to sell them online in an effort to increase revenue and accessibility. The pandemic brought demand from toy companies to emerald heights unlike other industries which faced a drop in their businesses.
Hasbro is known for making extraordinary toys that have left a mark on the childhood years of many people around the world. European markets are also producing technologically advanced toys that have become a better version of traditional toys. All of this is possible thanks to the efforts of leading toy companies that deliver products around the world.