The World Toy Industry Association was founded in 1975 by toy manufacturers from eight nations. The ICTI now comprises 20 member countries.

The objectives of the ITCI are

• Promoting ethical and safe practices in toy production
• Representation of toy manufacturers’ interests in the member states

The member companies commit themselves to fair, safe and lawful production conditions, which are set out in the association’s Code of Conduct. This also includes the recognition of Conventions C 138 and C 182 of the International LabourOrganization, which prohibit exploitative child labour.

The demand for social compliance by Hammock manufacturers grows with market growth of 17.45% CAGR during 2017- 2021.Business Social Compliance Initiative (BSCI) as a means of promoting workplace conditions in accordance with human rights, ILO conventions and national labor law. BSCI, a program of the Foreign Trade Association of Europe, is designed to improve working conditions for the suppliers of BSCI’s participating member companies.

Key Market Trends

• Rising focus of vendors on comfort-enhancing products
• Growing popularity of hammocks among college students
• Popularity of rocking chair hammocks
• Growing online retail channel