With the birth rate declining, baby products and children’s toys will be a shrinking market. Some play places, children’s hospitals, and other organizations serving this market will shutter. As the 2020s go on, the number of tweens and teens will decline steadily, lowering demand for products and services used by adolescents. Middle school and high school enrollment will shrink, followed by college enrollment. Industries that rely on a young workforce will have a more difficult time hiring workers by the 2030s.
