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OpinionDesigner Toy Trends 2026: From LABUBU to CRYBABY's Emotional Shift

The 2026 designer toy market shifts from LABUBU's mischief to CRYBABY's emotional storytelling. CRYBABY saw 21% sales growth from Q2 to Q3 2025 on resale platforms, with rare figures exceeding $200. Analysts project the market at $15 billion by 2026, emphasizing narrative-driven collections.

Yahoo · Original ↗ ·
Blind boxLABUBUCRYBABY

OpinionKotobukiya Launches First Original IP Character Illustration Contest (Dec 17 2025 – Jan 12 2026)

Kotobukiya announced the “Kotobukiya Characters Illustration Contest” on Dec 17 2025, with free entry until Jan 12 2026 23:59 JST. The Grand Prize offers a ¥30,000 Amazon gift code, an ARTIST SUPPORT ITEM hand model, and a model kit, with winners expected to be announced around February 2026.

寿屋 Kotobukiya(PR TIMES) · Original ↗ ·
Art toys

OpinionPOP MART's market cap evaporates over HK$200 billion as Labubu popularity fades, causing a stock price plunge

POP MART's stock has fallen over 40% from its peak, with a market cap loss of HK$200 billion and a 31% drop in institutional holdings. Labubu's hidden figures have seen a premium cut of over 50%, and regular styles are now trading below retail prices on second-hand platforms, with analysts predicting a shift from explosive to sustainable growth.

腾讯网 · Original ↗ ·
ResaleAnalysisBlind box

OpinionLABUBU: From Hong Kong Designer Toy to Global Phenomenon

Co-created by Hong Kong studio How2Work and Dutch designer Kasing Lung, LABUBU became a global Gen-Z cultural trend in 2025. POP MART combined this with China's manufacturing strength to turn niche designer toys into mass-market cultural products, following a path similar to China's tech industry upgrade from OEM to brand.

Wired · Original ↗ ·
Blind boxPOP MARTLABUBU

OpinionMerch Poisoning Scandal: Marketing Rumors and Parent Conflicts

A news story about an ACG girl hospitalized due to badge storage sparked widespread concern. Subsequent posts claimed merch contains formaldehyde and benzene. Marketing accounts spread rumors, causing conflicts between parents and players, and even fabricated videos, raising health and public opinion concerns in the ACG community.

腾讯网 · Original ↗ ·
MerchRegulation

OpinionFrom Circles to the Masses: 'Goods' Resonate with Young People's Identity

'Goods' refers to merchandise from anime, games, and other IPs, with the economic phenomenon known as the 'Goods economy.' The article analyzes how Gen Z seeks emotional support and social identity through consuming 'Goods,' citing Miniso's Chiikawa pop-up store sales record and cross-industry collaborations with Pizza Hut and Uniqlo.

新浪网 · Original ↗ ·
MerchChiikawa

Opinion'Goods Economy' Gains Popularity! Anime Merchandise Becomes a Traffic Driver for Offline Shopping Malls

'Goods' refers to anime and game merchandise. China's market size reached 168.9 billion yuan in 2024, up over 40%. Domestic IPs like Genshin Impact and Arknights drive consumption, with female buyers rising to 78%. Badges are the most popular item. Malls in Qingdao and Shanghai boost footfall by introducing 'Goods' stores, with Shanghai's Bailing ZX creating a 3-8x increase in daily traffic.

新浪网 · Original ↗ ·
MerchGenshin Impact

OpinionWhy LABUBU is the world's most coveted bag charm: Celebrity and resale market drive hype

LABUBU is a blind box figure from POP MART that has gone viral due to celebrity endorsements from Lisa, Rihanna, and others. With over 300 variants, the official retail price is around US$32 per box, but limited editions can reach US$7,000 on the resale market. Some UK stores temporarily halted sales due to fighting, and the manufacturer is adjusting the release mechanism.

Yahoo · Original ↗ ·
Blind boxPOP MARTLABUBU

OpinionWhy LABUBU is the globally obsessed weird fuzzy doll

LABUBU, a quirky monster doll by Hong Kong artist Kasing Lung, has sparked global demand. Despite its eerie appearance, its kind-hearted backstory has fueled a craze, leading to counterfeit flooding and advice to buy directly from POP MART.

Mint · Original ↗ ·
Blind boxPOP MARTLABUBU

OpinionFrom Niche Hobby to Industry: Nine New ACG Business Ecosystems

The report notes China's ACG user base reached 503 million in 2024 with a market size near 600 billion. It analyzes nine new business ecosystems including themed dining, merch economy, fan creation, training, cosplay, virtual idols, concerts, city landmarks, and IP tourism.

36氪 · Original ↗ ·
MerchBlind boxArt toys

OpinionKotobukiya Launches First Digital Apparel Design Contest for Students (Entry Jan – Mar 2025)

Kotobukiya and Booklista are co‑hosting the First Digital Apparel Design Contest for university students, using CLO 3D software, with entries open from mid‑January to the end of March 2025. Winners receive cash prizes, virtual and real‑world productization, and exposure on Kotobukiya’s Akihabara Hall screen and official online channels.

寿屋 Kotobukiya(PR TIMES) · Original ↗ ·
Art toys

OpinionAnalysis of Thai Art Toy Market Growth and Kidult Consumer Trends

The Thai art toy market is growing due to strong purchasing power from 'Kidult' consumers and creativity from local small manufacturers. Data shows Thailand's total toy exports reached $8.78 billion, with art toy exports at about $3.202 billion, accounting for 36.4% of total toy exports.

Bangkok Post · Original ↗ ·
Art toys

OpinionKasing Lung: The Artist Behind Labubu and His Rise to Fame

Kasing Lung, born in 1972 and raised in the Netherlands, was influenced by Nordic folklore. He transitioned from a children's book illustrator to a toy designer in 2010 and created LABUBU in 2015. In 2019, he signed an exclusive license with Pop Mart, leading to the character's rapid popularity. In March 2024, his work 'Mon' sold for HK$330,200 at auction.

Bangkok Post · Original ↗ ·
Art toysLABUBUPOP MART

OpinionRedGuardian LLC: Reshaping the Collectibles and Designer Toys Industry with Handmade Art Toys and Creative Cards

Independent designer brand RedGuardian LLC, founded by Angel Martinez in New York, focuses on handmade art toys, enamel pins, and art card series. Its first lines include "The Creative Clown" and "Chunder", and it recently launched the "Can't contain us" containers in collaboration with Martian Toys, as well as the limited edition "Clown of Wall Street".

Good Men Project · Original ↗ ·
Art toysMerch
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