Do you know why Is Lego So Expensive? It’s no secret that Lego is expensive. But what makes it so costly, and why are people still willing to pay the price? In this article, we will explore the reasons behind Lego’s high price tag, and find out whether or not it is worth the cost.
Lego bricks are made from a plastic called acrylonitrile butadiene styrene (ABS). This is a strong and durable material that can withstand a lot of wear and tear. ABS is also used to make other toys and products, such as LEGO’s kitchenware, cars, and computer keyboards. The price of ABS plastic has been steadily rising in recent years, which is one of the reasons why Lego is so expensive.
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To make each Lego brick, a mold is created from steel. The molten plastic is then injected into the mold under high pressure. The mold is cooled and the brick is ejected. This process is known as injection molding, and it is very labor-intensive. In addition, steel molds are expensive to create and maintain.
After the bricks are made, they must be sorted into different colors. This is done by hand, as Lego does not use color-sorting machines. The bricks are then packaged and shipped to stores all over the world.
Lego employs over 18,000 people, and the company has factories in Denmark, the Czech Republic, Hungary, Mexico, and China. The majority of Lego bricks are made in China.
Why Is Lego So Expensive? All of these factors – the materials used, the labor involved, the shipping costs – add up to make Lego a very expensive product. But even though Lego is costly, people are still willing to pay the price. This is because Lego is a high-quality product that provides hours of enjoyment.
So, even though it costs a lot of money to make each Lego brick, people are still willing to buy them because they are fun to play with and they last a long time.
10 Reasons Why Is Lego So Expensive?
It’s no secret that Legos are expensive. But why are they so costly, and is there any way to get them cheaper? In this article, we explore 10 reasons why Lego’s are so pricey, as well as some tips on how to get them at a lower cost.
1. The Cost of Production is High:
It costs Lego a lot of money to produce each brick. The company has said that it costs more than twice as much to produce one of its bricks today as it did back in the early 2000s. This is due to the rising cost of raw materials, as well as the need to use more sophisticated manufacturing techniques.
2. The Price of Lego’s has been Alowly Creeping Up:
If you look at the price of Lego sets over time, you’ll notice that they’ve slowly but steadily been getting more expensive. This is due to several factors, including inflation and the cost of production (as we mentioned above).
3. Lego is a Premium Product:
Lego is positioning itself as a premium product, and this is reflected in its prices. The company has said that it wants to be seen as a “luxury good”, and it recently started selling its bricks in high-end department stores such as Harrods.
4. Lego Sets are Getting bigger and More Complex:
The average size of a Lego set has increased significantly over the years, from around 200 pieces in the early 2000s to 600 pieces today. This means that there are more bricks in each set, and thus the price has to increase accordingly.
5. Lego Licenses are Becoming More Expensive:
To produce licensed sets (e.g. those based on popular movies, TV shows or video games), Lego has to pay a royalty fee to the owner of the license. As the popularity of these sets has increased, so have the licensing fees.
6. The Market for Lego is Becoming More Global:
Lego’s market is no longer just limited to Europe and North America – it now includes countries such as China, Brazil, and India. This means that the company has to invest more in marketing and distribution, which pushes up the price of its products.
7. There is High Demand for Lego:
Because Lego is such a popular product, there is often high demand for it – especially around Christmas time. This means that retailers can charge a premium for the sets, and Lego is often forced to sell its products at a higher price than it would like.
8. Lego has to Cover the Cost of Shipping:
Shipping costs are a significant expense for Lego, as the company ships its products all over the world. These costs are passed on to consumers in the form of higher prices. This is one of the reasons Why Is Lego So Expensive?
9. There is a Limit to How Many Lego’s Can Be Produced:
Lego has said that it has a production capacity of around 36 billion bricks per year. However, demand for the product is often much higher than this, so there is often a shortage of Lego’s which drives up prices even further.
10. Lego is a Victim of its Success:
Lego’s popularity has led to it becoming a victim of its success. The company is now so big that it is difficult for it to increase production or cut costs without affecting quality or service levels. This means that Lego is likely to remain expensive in the future.
So there you have it – 10 reasons why is Lego so expensive. However, there are some ways that you can get them at a cheaper price. For example, you could try buying them second-hand or in bulk or look for special offers and discounts. Whatever you do, just remember that you’re not alone in feeling like Lego is too pricey – many other people feel the same way!
Conclusion – Why Is Lego So Expensive?
There are many reasons why Lego sets are expensive, as we have outlined in the article. Some of these reasons include the cost of materials, licensing fees, shipping costs, and the high demand for Lego products. However, there are ways that you can get them at a cheaper price, such as buying them second-hand or in bulk. Whatever you do, just remember that you’re not alone in feeling like Lego is too pricey!