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Podcast: Making It in The Toy Industry
Episode: #83: Predicting Retail Market Trends After The Shipping Container Crisis
Description: How much do you know about how the toy products that you make and play with get to you? Most likely, they were shipped to the city you bought them from, on boats in containers. In January of 2021, shipping container prices started to climb. By early spring they were double the standard pricing and today shipping container prices have been reported to have increased 4x what importers are used to paying to ship their products. The growth in sales that the toy industry experienced over the past year is just a fraction of the growing demand weighing heavily on...