Group 1: Market Trends and Performance - The collaboration product "LABUBU×衡山宏机甲飞行员" was auctioned for 759,000 yuan, setting a global record for Labubu collaborations, with total auction sales reaching 8.936 million yuan in two weeks [1] - The popularity of the Wakuku brand is rising, with its products dominating sales rankings on platforms like Tmall, indicating strong consumer interest in the collectible toy market [2] - The toy industry in China is contributing significantly to the overall trade growth, with a total import and export value of 17.94 trillion yuan in the first five months of the year, reflecting a 2.5% year-on-year increase [6] Group 2: Brand and Product Insights - Wakuku is a core IP of Letsvan, a brand under the Nasdaq-listed company Quantum Song, which is actively expanding its presence in the collectible toy market [2] - The appeal of "ugly dolls" like Labubu and Wakuku lies in their emotional resonance with consumers, particularly younger generations who find these toys relatable and cool [3][4] - The shift in consumer preferences towards "Kidult" culture, where adults purchase toys, is evident, with a growing number of American adults buying toys surpassing preschool children for the first time [3] Group 3: Cultural Impact and Global Recognition - The rise of Chinese toy brands like Labubu and Wakuku reflects a transition from "manufacturing" to "Chinese creation," emphasizing cultural innovation and emotional connection in their designs [6] - The global toy market has seen a shift, with Chinese brands gaining recognition and expanding into international markets, moving away from traditional perceptions of toy manufacturing [5][6] - The emotional expression in collectible toys resonates with the younger generation, making them natural cultural ambassadors for Chinese elements in a global context [6]
中国潮玩正“俘获”全球消费者
Xiao Fei Ri Bao Wang·2025-06-30 02:32