Dolls & Stuffed Toys - India

  • India
  • In India, the revenue generated in the Dolls & Stuffed Toys market is estimated to be INR US$259m in 2024.
  • It is projected that this market will experience an annual growth rate of 5.36% from 2024 to 2028 (CAGR 2024-2028).
  • When compared to other countries around Worldwide, in the United States leads in terms of revenue generated in this market, with a total of US$6,655m in 2024.
  • Taking into account the population figures, the per person revenue in India is approximately INR US$0.18 in 2024.
  • The demand for traditional Indian dolls and stuffed toys is on the rise in India, as consumers seek to reconnect with their cultural heritage.

Key regions: Asia, Worldwide, Europe, Germany, China

 
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Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on consumer spending on goods people buy for their leisure activities and hobbies.

Modeling approach:

Market sizes are determined through a Top-Down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use in-house market research, national statistical offices, international institutions, trade associations, third-party studies, and survey results from our primary research (e.g., the Statista Global Consumer Survey). In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and household number. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, exponential trend smoothing is well suited for forecasting the Toys & Hobby market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.

Overview

  • Revenue
  • Key Players
  • Sales Channels
  • Global Comparison
  • Methodology
  • Key Market Indicators
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