Macroeconomic Analysis of POP Mart

Abstract

Trendy toy industry, the newest and fastest industry nowadays, has been growing rapidly. This paper aims to present comprehensive views from both POP MART and trendy toy industry, conduct macroeconomic analysis to analyze POP MART, and provides recommendations for the business. This paper employs the quality and quantity method, using public data between 2015 and 2020 from China National Bureau of Statistics. The result of this study that the reasons of POP MART get success is IP characters design, a comprehensive supply chain and oversea market expansion. Even under the COVID-19 pandemic, POPMART still maintain a large market share.