New Market Study Published: Toys and Games in South Korea
Sales of toys and games in 2011 registered double-digit growth despite a low birth rate. One of the reasons for this is the so-called large "Angel Industry", a generic term used to refer to all child-related products. In addition, a phenomenon referred to as "Six Pocket" where one child per every six adults per family - usually two parents and four grandparents - benefits from the adults willing to spend money. Such parents/grandparents tend to spend more and buy higher...
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