The toy industry is a global market that designs, manufactures, and sells toys for children of all ages. It includes a wide range of products, from traditional items like dolls and action figures to modern innovations such as electronic games and educational toys. Major companies in the industry include Hasbro, Mattel, and LEGO, which create popular brands that appeal to kids and collectors alike. The toy industry is influenced by trends in technology, culture, and consumer preferences. Seasonal events, such as Christmas and birthdays, drive sales, while licensing agreements with popular franchises like Disney and Marvel can boost a toy's appeal. Sustainability is also becoming increasingly important, with many companies exploring eco-friendly materials and practices.