Blind boxes are set to take over Christmas

Subscribe for your daily dose of unconventional business news 🚀

Please provide a valid email address.

Wishing for a Labubu this Christmas? Good luck. Unless someone loves you enough to buy one at a stupidly high markup, those grinning little monsters are not easy to come by.  

A box full of straw and a question mark surrounded by toys.

But there’s a good chance you’ll still find a similar kind of pocket-sized surprise waiting in your stocking. 

Thanks to the Labubu craze, blind boxes — sealed packages containing an undisclosed item, usually collectible figurines — are expected to dominate toy sales this holiday season as brands race to meet consumer demand, per Forbes

Businesses of all sorts…

… from major retailers like Walmart and Target to snack brands like Pringles, are capitalizing on the trend with surprises of their own.

  • Miniso, a Chinese retailer known for its blind box collabs with brands like Peanuts, Disney, and Sanrio, has been expanding its mystery offerings with regular limited-edition drops.  
  • Toymakers Hasbro and Mattel have gotten in on the hype, wrapping up IP like Furby and Barbie in opaque packaging.
  • Hong Kong Disneyland recently launched a collection of blind boxes featuring figurines of the park’s rides, priced at ~$13 each.
  • This week, Buffalo Wild Wings released $20, limited-edition blind box toys of its mascot Hank for loyalty members. 
  • For the fashion-forward, streetwear brand Kith is selling $10 mystery collectibles by designer toy brand MediCom BE@RBRICK.

The joy of cheap thrills 

Blind boxes are popular among kids and “kidults” alike for a few reasons:

  • They’re relatively cheap, with many priced at under $15, making them affordable gifts (for oneself or for others) at a time when toy prices are on the rise
  • Consumers love the excitement of opening them, which often compels them to keep buying more until they get the specific item they want or until they’ve collected a whole series, hence why brands love them. 

But that addictiveness can be risky, and for blind box fiends with adult money, gambling $15 a pop can quickly turn into hundreds of dollars worth of buyer’s remorse

Still, for some, the temporary thrill and small joy of unboxing a cute little charm can be worth the cost — especially, one millennial told Reuters, in tough times like these. 

“It's a nice little dopamine boost and who doesn't need that now?"

Anyway, while you decide whether to gift one this Christmas, we’ll leave you with this final thought: Isn’t every wrapped present a blind box of sorts?

Related Articles

Get the 5-minute news brief keeping 2.5M+ innovators in the loop. Always free. 100% fresh. No bullsh*t.

Please provide a valid email address.

We're committed to your privacy. HubSpot uses the information you provide to us to contact you about our relevant content, products, and services. You may unsubscribe from these communications at any time. For more information, check out our privacy policy.

This form is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.