I think the demographic of people with enough expendable income to spend on these types of expensive collectables isn't the most adversely affected by the pandemic., So I think demand won't be affected unless the the economic effects reach such bad levels that at that point i don't think many people will really think about buying toys anymore. Since it's a world pandemic then the economic effects would reach everywhere so demand would just plummet. It's quite a possibility. Would have to see how the world rebounds from the latest harshest wave of infections and it's effects. If business rebounds quickly i think things will be as they are now.
On the production side, china seems to have largely controlled the epidemic enough to maintain production. I think the delays we see now are miraculously small, i honestly expected things to be more severely delayed, but apparently china is furiously exporting products now to full fill the addiction of bored americans and other plastic addicts around the world.
As for my personal experience , i have bought more crap than regular as delays caused me to become curious about other toy lines and now I'm addicted to hasbro figures, hot toys and macross. In all three fronts i have seen demand go up, not down at all. I simply don't spend money on anything else, so i have more money for toys, ( and i buy opened and used items for the cheapest price ) but I have definitely taken a severe beating on my income this year, but nothing compared to people who are really suffering through this situation.