INDIAN TOY INDUSTRY AT A GLANCE IN 2018 - 2019 General Overview
The Indian toys market was worth US$ 1.5 Billion in 2018, registering a CAGR of 15.9% during the period of 2011-2018. The market is further projected to cross US$ 3.3 Billion by 2024, growing at a CAGR of 13.3% during 2019-2024.
The Indian toys market was worth US$ 1.3 Billion in 2018, registering a CAGR of 15.8% during the period 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 is all set to become third-largest consumer market by 2030. Consumer spending in India is expected to grow from $ 1.5 tn at present to nearly $ 6 tn by 2030.
India is likely to attract about $ 400 mn to $ 1000 mn over the next 4-5 years in the Toy Market.
