Indian Toys Market Outlook to 2023 - Projected to Record a CAGR of 13.9%, Driven by a Large & Young Population - ResearchAndMarkets.com

December 20, 2018

DUBLIN--(BUSINESS WIRE)--Dec 20, 2018--The “Indian Toys Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023” report has been added to ResearchAndMarkets.com’s offering.

The Indian toys market was worth US$ 1.3 Billion in 2017, registering a CAGR of 15.8% during the year 2010-2017. The market is further projected to cross US$ 2.9 Billion by 2023, at a CAGR of 13.9% during 2018-2023.

India has one of the largest young population in the world, owing to which, the toy industry in the country has witnessed a rapid growth. The market is brimming with a wide array of both traditional and modern toys.

However, with evolving trends, there has been a shift from conventional toys towards innovative and hi-tech electronic toys. For instance, Lego has replaced wooden building blocks while barbie dolls have now taken over traditional cloth dolls.

Breakup by Toy Type

On the basis of toy type, plush toys are the most popular segment as they are considered safe and are popular among children of all age groups. Other major toy types include electronic toys, games and puzzles, construction and building toys, dolls, ride-ons, sports and outdoor play toys, infant/pre-school toys and activity toys.

Breakup by Gender

Based on gender, unisex toys dominate the Indian toys market, accounting for the majority of the overall market share. Unisex toys are followed by girls’ and boys’ toys.

Breakup by Distribution Channel

The market has further been segmented on the basis of distribution channel into specialty stores, super and hyper markets, online and others. Currently, specialty stores represent the largest distribution channel.

Regional Insights

On a geographical front, Maharashtra currently represents the largest market. Maharashtra is followed by Tamil Nadu, Karnataka, Gujarat, Delhi and others.

Key Topics Covered

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction

5 Global Toys Market

6 Indian Toys Market

7 Market Breakup by Toy Type

8 Market Breakup by Gender

9 Market Breakup by Distribution Channel

10 Performance by Various States

11 Toys Manufacturing Process

12 Competitive Landscape

13 Key Player Profiles

Funskool Lego Mattel Hasbro

For more information about this report visit https://www.researchandmarkets.com/research/qvkbnl/indian_toys?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20181220005330/en/

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Related Topics:Toys



SOURCE: Research and Markets

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PUB: 12/20/2018 06:55 AM/DISC: 12/20/2018 06:56 AM


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