Lego has had a nearly 100 year history starting as small wooden toys in Denmark in the early 20th century. It grew to dominate the global plastic building brick market for decades. While Lego was highly successful for many years, it began facing challenges in the late 1990s with increased competition from video games and changing consumer behavior. This put the toy in the maturity phase of its product life cycle. By 2004, demand had declined further and Lego entered the decline stage, but managed to avoid demise by reinventing itself through new products and strategies.