Pop Mart IP Ranking: Labubu Dominates, Crybaby Surges

Whoโ€™s the Most Popular Pop Mart Character? Labubu Sales Dominate ๐Ÿงพ

Context: Thirteen Pop Mart IPs now clear ยฅ100 million a year, but Labubu alone out-earned Molly and Skullpanda combined.

Fast facts โ„น๏ธ

Hereโ€™s how the top Pop Mart characters stacked up in 2024, based on revenue and year-over-year growth:

๐Ÿ† LABUBU โ€” ยฅ3.04 billion yuan / $420 million USD (+726%)
๐Ÿฅˆ MOLLY โ€” ยฅ2.09 billion yuan / $288 million USD (+105%)
๐Ÿฅ‰ SKULLPANDA โ€” ยฅ1.31 billion yuan / $181 million USD

According to Pop Martโ€™s latest annual filings, this Pop Mart IP ranking shows Labubu in a league of its own.

Why It Matters ๐Ÿซ

Pop Martโ€™s character portfolio generated โ‰ˆ ยฅ12.7 billion ($1.75 billion) in 2024โ€”its biggest IP haul on record. Labubu sales alone delivered ยฅ3.04 billion (about 24% of the pie), proving one monster can bankroll a global blind-box economy. But explosive gains from Crybaby (+1,537% YoY) and Molly (+105% YoY) hint at a broader IP boom.

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