Once considered taboo, sex toys are now becoming a mainstay in pop culture. Shows like "Broad City," and films like "Fifty Shades Of Grey," have increased cultural awareness and acceptance of sex toys. Now the adult toy industry is cashing in. Zoe Henry, Reporter at Inc. Magazine, explains why the sex toy sales are growing at a rapid rate. In 2015, the adult toy industry surpassed $20 billion. That rate is expected to rise at about 8% each year through 2020.

Share:
More In Business
Strategies for Options Traders
Cheddar News' Courtney Sturgeon reports from the Cboe floor with Alan Knuckman, Chief Market Strategist at Bulls Eye Option, to discuss strategies for options traders ahead of a busy trading week amid earnings, the FOMC meeting, and more.
From the Picket Line: Writers Say Streaming Giants Need to Pay Up
On Tuesday, the Writer’s Guild of America (WGA) kicked off its first strike in 16 years. Cheddar News' field reporter Ashley Mastronardi spoke with some of those picketing writers who said streaming giants need to catch up with the times and offer a higher wage and a bigger cut of residuals.
Load More