Adults are flocking to the toy aisle even more than preschoolers | CNN Business

New York CNN  — 

Adults bought more toys for themselves than for any other age group last quarter for the first time ever, surpassing toys for even the historically-dominant preschooler market.

Consumers 18 years of age and up spent $1.5 billion in toy-related purchases in the period from January through April, overtaking the three-to five-year-old demographic as the most important age group for the toy industry, according to a new report from market research firm Circana.

Looking back over a longer period, the report said as many as 43% of adults purchased a toy for

→ Continue reading at CNN - Business News

More from author

Related posts

Advertisment

Latest posts

Wildfire smoke may cause tens of thousands of premature deaths

Wildfire season got off to an early start in Northern California with the Corral Fire, which started burning grasslands in San Joaquin County on...

Fossil finds amplify Europe’s status as a hotbed of great ape evolution

Two lines of ancient apes, including what may be the smallest great ape yet, lived alongside each other in Europe, fossils discovered in a...

Geoscientists found the most dangerous part of a famous West Coast fault

The most destructive Cascadian earthquakes are likely to slam offshore of Washington state and Vancouver Island, new data reveal.   The Cascadia megathrust is...