Press release
Indian Toys Market to Reach US$ 2.73 Billion by 2027 | CAGR of 12.6%
The Indian toys market reached a value of US$ 1.35 Billion in 2021.
Toys refer to miniature playing objects, models and tools that are especially designed for children. Some of these toys include puzzles, cards, dolls, action figurines, board games, rattles, and mechanical cars. Toys assist in ensuring the brain and motor skills development of infants and young children by enhancing intelligence quotient (IQ), improving concentration and creativity, and promoting their logical and spatial reasoning skills. This, in turn, aids in providing emotional support and refining the problem-solving and cognitive capabilities of children, while cultivating their social and physical attributes. On account of these properties, toys are extensively used in various educational institutions and residential sectors to facilitate overall child development. At present, toys are commercially available in varying sizes and sizes and are manufactured from various materials, including cloth, plastic, and wood.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Competitive Landscape with Key Players:
Some of the leading players operating in the market are:
• Funskool
• Lego
• Mattel
• Hasbro
Request for a free sample copy of this report: https://www.imarcgroup.com/indian-toys-market/requestsample
Indian Toys Market Trends:
The growing population, inflating disposable incomes, and rising spending capacities of consumers are primarily influencing the Indian toys market growth. This is further supported by the increasing demand for various high-quality, entertaining, and science, technology, engineering, and mathematics (STEM)-based toys, such as blocks, puzzles, Rubik's cubes, and wordplay to ensure optimum brain development in children.
In line with this, the emerging trend of online gaming and the introduction of mobile-based video games due to the proliferation of smartphones, the easy availability of high-speed internet connectivity, and the introduction of various state-of-the-art gaming consoles are acting as other growth-inducing factors.
Moreover, the launch of innovative product variants integrated with advanced technologies, such as artificial intelligence (AI), machine learning (ML), speech and voice recognition properties to help keep children challenged and entertained, while enhancing their cognitive, motor, and physical capabilities are propelling the market growth.
Other factors, such as strategic collaborations amongst key players for deploying innovative marketing strategies, such as celebrity endorsements and packing toys in eye-catchy, colorful packaging with hidden surprises, are creating a positive outlook for the market across the country.
Ask Analyst for Instant Discount and Download Full Report with TOC & List of Figur: https://www.imarcgroup.com/indian-toys-market
IndianToys Market 2022-2027 Analysis and Segmentation:
Market Breakup by Toy Type:
• Plush Toys
• Electronic Toys
• Games and Puzzles
• Construction and Building Toys
• Dolls
• Ride-Ons
• Sports and Outdoor Play Toys
• Infant/Pre-school Toys
• Activity Toys
• Other Toys
Also, Read Top Indian Toys Companies in 2022: https://www.imarcgroup.com/indian-toys-manufacturing-companies
Market Breakup by Gender:
• Toys for Girls
• Toys for Boys
Market Breakup by Distribution Channel:
• Specialty Stores
• Super Markets and Hyper Markets
• Online
• Others
Market Breakup by Region:
• Maharashtra
• Tamil Nadu
• Karnataka
• Gujarat
• Delhi
• Other States
Key highlights of the Report:
• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
Other Reports of IMARC Group:
• Nigeria Online Food Delivery Market: https://www.imarcgroup.com/nigeria-online-food-delivery-market
• Kuwait Perfume Market: https://www.imarcgroup.com/kuwait-perfume-market
• Pakistan Tyre Market: https://www.imarcgroup.com/pakistan-tyre-market
• United States Online Food Delivery Market: https://www.imarcgroup.com/united-states-online-food-delivery-market
• Australia Coffee And Tea Capsules Market: https://www.imarcgroup.com/australia-coffee-tea-capsules-market
• West Africa Food Services Market: https://www.imarcgroup.com/west-africa-food-services-market
Contact Us:
IMARC Group
30 N Gould St, Ste R
Sheridan, WY (Wyoming) 82801 USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Indian Toys Market to Reach US$ 2.73 Billion by 2027 | CAGR of 12.6% here
News-ID: 2632805 • Views: …
More Releases from IMARC Group
Top 15 Leading Commercial Refrigeration Manufacturers in The World 2024
Commercial Refrigeration Companies
Top commercial refrigeration companies are investing in research and development (R&D) to introduce advanced products that offer enhanced efficiency, better temperature management, and reduced environmental impact. Additionally, companies are integrating internet of things (IoT) technology to allow for real-time monitoring and management of refrigeration systems, which helps in reducing operational costs and improving food safety by maintaining optimal conditions. Key players are developing systems that use less power…
Top Generative AI Companies in The World 2024
Global Generative AI Companies
Generative artificial intelligence (AI), also known as generative adversarial networks (GANs) or generative models, works by learning the patterns and features of a dataset and then generating new data instances that resemble the original data. It can create new content, such as images, videos, text, and music, which can be useful in fields like art, design, and entertainment. It can learn the distribution of normal data and…
Vietnam Water Treatment Chemicals Market Share, Demand, Industry Growth And Fore …
IMARC Group's report titled "Vietnam Water Treatment Chemicals Market Report by Type (Coagulants and Flocculants, Corrosion Inhibitors, Scale Inhibitors, Biocides and Disinfectants, Chelating Agents, Anti-Foaming Agents, PH Adjusters and Stabilizers, and Others), End User (Municipal, Power, Oil and Gas, Mining, Chemicals, Food and Beverage, Pulp and Paper, and Others), and Region 2024-2032" Vietnam water treatment chemicals market is projected to exhibit a growth rate (CAGR) of 4.99% during 2024-2032.
The Vietnam water…
Furniture Market Size, Sales Revenue, Industry Growth, Forecast 2024-2032
IMARC Group, a leading market research company, has recently releases report titled "Furniture Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032" The global furniture market size reached US$ 660.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 701.7 Billion by 2032.
Request For Sample Copy of Report For More Detailed Market insight: https://www.imarcgroup.com/furniture-market/requestsample
Factors Affecting the Growth of the Furniture Industry:
Rapid Urbanization:
Urban areas are leading…
More Releases for Toy
Art Toy Market to Witness Massive Growth by 2028 | Disney, Medicom Toy, toy2R
The latest research on "Art Toy Market, Global Outlook and Forecast Report 2021" offered by HTF MI provides a comprehensive investigation into the geographical landscape, industry size along with the revenue estimation of the business. Additionally, the report also highlights the challenges impeding market growth and expansion strategies employed by leading companies in the "Market".
Get Free Sample PDF including full TOC, Tables and Figures and Available customizations) in Art Toy…
Puzzle Toy Market is Going to Boom | Hape, Naef, Cedarburg Toy, Lego
The latest study released on the Global Puzzle Toy Market by AMA Research evaluates market size, trend, and forecast to 2027. The Puzzle Toy market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.
Key Players in…
Toy Drones Market to Witness Huge Growth by 2021-2027 | AeroVironment, JJRC Toy, …
The Latest Released Toy Drones market study has evaluated the future growth potential of Global Toy Drones market and provides information and useful stats on market structure and size. The report is intended to provide market intelligence and strategic insights to help decision makers take sound investment decisions and identify potential gaps and growth opportunities. Additionally, the report also identifies and analyses changing dynamics, emerging trends along with essential drivers,…
Siri Toy Collections - The next big thing in the Indian Toy Industry
Siri Toy has successfully completed 4 years in the specialised toys sector catering the needs
of the parents and kids.
BANGALORE, 12th October 2021 : The company that started as a small store to provide
innovative, fun and educational toys to the kids under the age of 6 years on April 12, 2017 is
now the best online store on the internet within a short span of 4 years. Siri Toy Collections
is a success…
Puzzle Toy Market to Witness Stunning Growth | HASBRO, Cedarburg Toy, LAMAZE
Advance Market Analytics published a new research publication on “Puzzle Toy Market Insights, to 2026″ with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Puzzle Toy Market was mainly driven by the increasing R&D spending across the world.
Some of the key players profiled in…
Global Toy Market, 2025
Bonafide Research in its report titled- Global Toy Market Outlook 2025, attempts at analyzing the global scenarios, trends, and patterns that are shaping up this USD 110.97 Billion market in 2019. The toy market globally has spread out pretty vastly with very different patterns and consumer behaviors across regions. Few underlying phenomena are observed globally but the regional traditional and cultural significance of toys remain unchanged. In this report, Bonafide…
