The Toy Fair is an annual trade show where toy manufacturers, retailers, and industry professionals gather to showcase the latest toys and games. It typically takes place in major cities, such as New York City, and serves as a platform for companies to present their new products to potential buyers and the media. During the event, attendees can explore various exhibits, attend presentations, and network with others in the toy industry. The Toy Fair is an important event for launching new products and trends, influencing what toys will be available in stores for the upcoming year.