The market is dominated by domestic suppliers, as imports account for 17.4% of total market size in 2023. Households drive market demand, with household spending representing 55.2% of total demand in 2023. India has the eighth largest market size for toys and games regionally, with demand reaching USD816 million in 2023. Mattel Toys (India) Pvt Ltd is the largest company in India, generating 4.3% of the industry’s total production value in 2023. The industry is fragmented, with the top five companies generating 8.8% of total production value in 2023. The total number of companies increases in 2023, to 15,252 units. The costs of the industry increase by 0.7% in 2023, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 4.9% of production value in 2023, the 15th highest regionally. The industry’s exports share decreases in 2023 to 21.0% of total production output. With production value of USD627 million, India accounts for 1.0% of the Asia Pacific total in 2023.
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This Euromonitor industrial report provides unique information on Toys and Games in India: ISIC 3694. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Toys and Games in India: ISIC 3694 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
Household Goods is an aggregation of Furniture, Jewellery and Related Articles, Musical Instruments; Imitation Jewellery, Brushes and Other Personal Items, Sports Goods, Toys and Games, Watches and Clocks.
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