Temu and Shein are expected to capture a larger share of toy sales in the US and Europe during the holiday shopping season.
Both eCommerce sites are expanding their toy offerings and gaining prominence in various product categories by offering low prices and attracting sellers with lower fees.
In the US, Temu and Shein face competition from Amazon, Walmart, and Target, which collectively account for about 70% of toy sales.
In Europe, a significant percentage of consumers, particularly younger ones, have purchased toys from Temu, Shein, or AliExpress this year.