Top Baby Toy Brands in India

The Indian toy market is segmented into the organized and the unorganized sector. The Indian toy industry relinquished a value of US$ 1.23 Billion in the year 2020 while it is expected to grow at a CAGR of 12.2% for the years 2021-2026. The toy industry is one of the fields which is anticipating an increase from the 2021-22 budget. At the instant, the toy industry in India is chaotic and comprises around 4000 small and average enterprises. However, 85 percent of the toys are being imported into the country. More than 70% of the globe’s toys get manufactured in China and Vietnam. Sri Lanka, Malaysia, Germany, Hong Kong, and America succeed in these countries.

Despite the recent economic downturn, the Indian toy market has been growing at a consistent rate. The reason behind it is the ever-increasing Indian population and rise in the disposable income levels of the middle classes. Even with the influx of several computer-based gaming solutions, the toy market in India is becoming technically advanced. But still, in terms of statistics, India’s share of the global demand for toys is less than 0.5%

The majority of top baby toy brands in India have managed to carve a niche for themselves in the Indian toy industry. Considering the influx of hi-tech electronic toys accompanied by gaming gadgets, the Indian toy market has become one of its most advanced industries. Competition in the baby toy market in India remains fierce as a host of different top baby toy brands in India are competing for the top slot.

List of Top Baby Toy Brands in India

1. Fisher-Price
2. Hot Wheels
3. Leo
4. Lego
5. Mattel Inc.

Last Updated on September 07, 2021