Adult Toy BUSINESS
Technavio, a large market research firm which publishes over two thousand studies annually covering more than five hundred technologies across eighty nations, recently released their findings on the top six vendors for the sex toy market in the Asia-Pacific region in their latest research report. This report also identifies an additional twenty-five prominent suppliers anticipated to contribute to market growth between 2023 and 2027. To determine the leading providers, Technavio's analysts took into account revenue generated from both online and brick-and-mortar retail sales of sex toys such as vibrators, artificial penises, vibrating cock rings, and other products.
Drawing on synthesis, analysis, and interpretation of data regarding the APAC sex toy industry gathered from specialized sources, this particular Technavio study focuses on health and wellness. Insights were derived using a blend of primary and secondary research with the objective of providing a holistic overview of
Posted: June 19, 2023Categories: Adult Toy BUSINESS
Considering a venture into the adult toy business within your country or region? The question arises: where should you source your wholesale products?
China is the answer.
While adult toys are sensitive products and importing them from China may differ from other products, this article will provide detailed guidance on the process.
The Rationale for Importing Adult Toys from China
High Production Capacity
China, as the world's largest producer of adult products, contributes to 70% of the global adult product market. As of February 2022, China hosts approximately 180,000 adult product-related businesses.
Competitive Pricing and Quality
China's adult product industry is characterized by intense competition and affordable labor, leading to low-cost, high-quality products. For instance, an adult toy named "Rose Toy" retails on Amazon for $30-$40, while its wholesale