Indian toy market was about $1.75 Billion in 2019. Toy market is predicted to grow around $3.3 Billion By 2024 with compound annual growth rate of 15%. There are lots of Indian companies which are benefited from this huge market share of toys by India. Here are the top 10 toys companies in India
1) Hot wheels
Hot wheels is one of the biggest manufacturing in India . It was established in the year of 1968 by Elliot Handler with co-founder Ruth Handler. it is one of the admired toy company in India.
This company was founded in 1930 and it is founded by Irving Price & Herman Fisher.
headquarter of fisher-price is located at New York, U.S. This company had around 5000 different unique toys. this company has total annual revenue of $2 Billion.
Lego is one of the famous and large toy manufacturing company in the world. It was founded in Billund which is located in Denmark. Founded by Ole Kirk Kristiansen in 1932. this company has total annual revenue of around $2 Billion . Toy bricks is the most famous toy ever manufactured by Lego.
4) Funskool Ltd
Funskool Ltd was founded in India. From lots of market research it was found and considered as the most favourite amongst the various top companies. It was established in Chennai, India by joint venture of Hasbro & MRF. it has annual revenue of $35 Million.
5) MEGA Bloks
This company was established in 1967 by Rita & Victor Bertrand in Canada. MEGA Bloks has total annual revenue of around $ 425 million.
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