Zheng Quan Shi Bao·2025-06-12 17:46Group 1 - The core viewpoint of the articles highlights the phenomenon of emotional consumption, exemplified by the success of Pop Mart, which has transformed niche collectibles into mainstream consumer products, achieving significant revenue growth and market influence [2][3] - Pop Mart's revenue for 2024 is projected to be approximately 13.04 billion RMB, representing a year-on-year increase of 106.9%, and its market capitalization has surpassed that of Japan's Sanrio, indicating a shift in the global toy market dynamics [2] - The company's business model focuses on providing instant emotional value through affordable toys, appealing to consumers' emotional needs and driving demand through a combination of collectibility and social currency [2][3] Group 2 - Emotional consumption is characterized by impulsive purchasing decisions aimed at fulfilling immediate emotional needs, which has contributed to the rise of brands like Pop Mart in a fast-paced lifestyle [3] - The success of Pop Mart reflects a broader shift in consumer behavior from functional needs to the pursuit of symbolic value, aligning with the theories of consumer society proposed by French philosopher Jean Baudrillard [3] - The rise of Pop Mart signifies a cultural shift among the younger generation, particularly Generation Z, who are redefining the commercial landscape from material consumption to emotional engagement [3]