Top 10 Toys Manufacturing Companies in India 2024 | Kompass (2024)

26 July 2023

Table of Content

1. Overview of the Toys Manufacturing Industry in India
2. Top 10 Toys Manufacturing Companies in India
2.1. Funskool India Limited
2.2. Simba Toys India Private Limited
2.3. Tripple Ess Toys Private Limited
2.4. Micro Plastics Private Limited
2.5. Clever Cubes LLP
2.6. Plastech International Private Limited
2.7. Toy Zone Impex Private Limited
2.8. Masoom Playmates Private Limited
2.9. Aditi Toys Private Limited
2.10. Win Magic Toys Private Limited

Overview of the Toys Manufacturing Industry in India

The toy manufacturing and export industry in India is one of the fastest-growing industries in the world. It is expected to reach a valuation of $3 billion by 2028, growing at a CAGR of 12% between 2022 and 2028. The industry’s total production value is currently estimated to be $2 billion, and it exports over $325 million worth of toys annually. Key players in the Indian toy industry include Funskool India, Playmates Toys India, Hasbro India, Mattel India, and Simba Toys India. Other important players include Violet Industries, Funskool (India) Limited, and Creative Educational Aids.

Top 10 Toys Manufacturing Companies in India

Top 10 Toys Manufacturing Companies in India 2024 | Kompass (1)

Funskool India Limited

Funskool India Limited, a joint venture between MRF and Hasbro, is one of India’s leading toy manufacturers, founded in 1986. It offers a wide range of high-quality, innovative, and affordable toys and games for children of all ages, such as action figures, dolls, building sets, educational toys, and board games. Funskool’s target audience is children of all ages, from toddlers to teenagers, and its products are also popular with adults who enjoy playing board games and other games with their families. Funskool’s toys are sold in over 4,500 retail stores across India, as well as on major e-commerce websites. Funskool is considered to be one of the top toy manufacturers in India because of its commitment to quality, innovation, and affordability.

Top 10 Toys Manufacturing Companies in India 2024 | Kompass (2)

Simba Toys India Private Limited

Simba Toys India Private Limited is a leading Indian toy manufacturer, established in 1984. Headquartered in Mumbai, Maharashtra, the company offers a wide range of high-quality, innovative, and affordable products, including action figures, dolls, building sets, educational toys, and games. Simba Toys India’s target audience is children of all ages, and its products are used by children in India and around the world. The company’s commitment to quality, safety, and innovation has made it one of the top toy manufacturers in India.

  • Website: www.simbatoys.com
  • Email: info.india@simbatoys-me.com
  • Phone number: +91-22-40023913

Top 10 Toys Manufacturing Companies in India 2024 | Kompass (3)

Tripple Ess Toys Private Limited

Tripple Ess Toys Private Limited is a leading toy manufacturer in India, headquartered in Noida, Uttar Pradesh. Established in 2000, the company produces a variety of educational toys, action figures, dolls, building blocks, and more. Tripple Ess Toys’ products are known for their high quality, innovative designs, and affordable prices. The company’s target audience is children between the ages of 2 and 8, and its products are popular among schools, preschools, and households across India. Tripple Ess Toys is considered to be one of the top toy manufacturers in India because of its focus on product development, manufacturing, and customer service.

Top 10 Toys Manufacturing Companies in India 2024 | Kompass (4)

Microplastics Private Limited

Microplastics Private Limited (MPPL), founded in 2005, is a leading toy manufacturer in India. Headquartered in Bangalore, the company has a state-of-the-art manufacturing facility encompassing 300,000 square feet. MPPL produces a wide range of toys, such as educational toys, action figures, dolls, and playsets, which are sold to major retailers in many countries, including Walmart, Disney, Target, and Amazon. MPPL is considered to be one of the top toy manufacturers in India due to its emphasis on quality and safety.

Top 10 Toys Manufacturing Companies in India 2024 | Kompass (5)

Clever Cubes LLP

Clever Cubes LLP is an Indian toy manufacturer founded in 2018. The company’s main products are STEM toys, which are designed to help children learn about science, technology, engineering, and mathematics. Clever Cubes also manufactures other educational toys, such as puzzles, board games, and construction sets, as well as traditional toys, such as dolls, cars, and blocks. Clever Cubes is one of the leading toy manufacturers in India, known for its high-quality products, innovative designs, and affordable prices.

Top 10 Toys Manufacturing Companies in India 2024 | Kompass (6)

Plastech International Private Limited

Plastech International Private Limited (Buddyz) is an Indian toy manufacturer founded in 1995. Its main product line includes toys, educational games, and puzzles designed for children aged 2-12 years. Buddyz sells a wide variety of toys, including action figures, dolls, cars, trucks, building blocks, and games. Its products are known for their high quality, affordable prices, and strong brand recognition. Plastech International is considered to be one of the top toy manufacturers in India for its commitment to innovation, safety, and customer satisfaction.

  • Website: www.buddyz.com
  • Email: info@buddyz.in
  • Phone number: +91-22-26763899

Top 10 Toys Manufacturing Companies in India 2024 | Kompass (7)

Toy Zone Impex Private Limited

Toy Zone Impex Private Limited is a leading toy manufacturer in India, founded in 2002. The company’s primary product line-up includes educational toys, action figures, dolls, and building sets, designed for children aged 2 to 12. Toy Zone Impex’s products are known for their high quality, innovative designs, and affordable prices. The company’s target audience is primarily children aged 4 to 8, and its products are sold through a variety of channels, including modern trade stores, e-commerce platforms, and distributors. Toy Zone Impex is considered to be among the top toy manufacturers in India due to its commitment to quality, innovation, and affordability.

  • Website: www.toyzone.com
  • Email: support@toyzone.in
  • Phone number: 1800-102-5905

Top 10 Toys Manufacturing Companies in India 2024 | Kompass (8)

Masoom Playmates Private Limited

Masoom Playmates Private Limited, founded in 1942, is a leading Indian manufacturer and exporter of toys and games. The company offers a wide range of high-quality, safe, and non-toxic products, including dolls, educational toys, baby toys, plush toys, stationery sets, sports goods, and prosthetics toys. Masoom Playmates’ toys are popular among children of all ages and are sold to toy retailers, wholesalers, and distributors, as well as educational institutions and healthcare organizations. With its long-standing reputation for quality, wide range of products, and commitment to innovation, Masoom Playmates is considered to be one of the top toy manufacturers in India.

  • Website: www.masoom.toys
  • Email: mail@masoomtoys.in
  • Phone number: +91-9971974335

Top 10 Toys Manufacturing Companies in India 2024 | Kompass (9)

Aditi Toys Private Limited

Aditi Toys Private Limited is a leading toy manufacturer in India, established in 2015 in Rajkot, Gujarat. The company offers a wide range of high-quality and educational toys for children of all ages, including educational toys, musical toys, baby toys, outdoor toys, and indoor toys. Aditi Toys’ products are popular among parents and caregivers who are looking for safe, durable, and engaging toys for their children. Aditi Toys is also a leading exporter of toys, with its products sold in various countries around the world. Aditi Toys is considered to be one of the top toy manufacturers in India due to its commitment to quality, innovation, and customer satisfaction.

Top 10 Toys Manufacturing Companies in India 2024 | Kompass (10)

Win Magic Toys Private Limited

Win Magic Toys Private Limited is a leading Indian toy manufacturer and distributor, founded in 2017. The company offers a wide range of toys, games, and children’s merchandise from world-class brands such as Paw Patrol, PJ Masks, Hatchimals, and Shopkins, catering to all age groups, from toddlers to teens. Win Magic Toys’ products are available in both brick-and-mortar and online stores. With a strong portfolio of brands, a focus on quality and safety, and a commitment to customer satisfaction, Win Magic Toys is one of the top toy manufacturers in India.

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Top 10 Toys Manufacturing Companies in India 2024 | Kompass (2024)

FAQs

Top 10 Toys Manufacturing Companies in India 2024 | Kompass? ›

Growth of the Indian toy market

The Indian toy market is growing rapidly, driven by a rising middle class, increasing urbanization, and changing consumer preferences. According to estimates, the Indian toy market is expected to reach USD 3.3 billion by 2024, with a CAGR of 12.8% from 2019 to 2024.

What is the future of toy business in India? ›

Growth of the Indian toy market

The Indian toy market is growing rapidly, driven by a rising middle class, increasing urbanization, and changing consumer preferences. According to estimates, the Indian toy market is expected to reach USD 3.3 billion by 2024, with a CAGR of 12.8% from 2019 to 2024.

Which is the No 1 manufacturing company in India? ›

Tata Motors is India's largest manufacturing company by turnover. Rs 284,997 crore in revenue.

Who is the leading toy manufacturer? ›

In 2023, the Danish toy manufacturer known as LEGO had the highest annual revenue of the selected toy companies, generating revenues of more than 9.7 billion U.S. dollars that year.

Which city is famous for toys in India? ›

Channapattana is a city and taluk headquarter in Ramanagara District, Karnataka, India and situated at a distance of about 60kms from Bangalore is noted for its famous handmade lacquer wooden toys all over the world and hence popularly known as “Gombegala Ooru” or the “Toy-City” of Karnataka.

Which is the best toy brand in India? ›

Best Toys Brands in India
  • Disney.
  • Funskool.
  • Barbie.
  • Chicco.
  • Fisher-Price.
  • Toyshine.
  • Hot Wheels.
  • Lego.

How profitable is toy business in India? ›

Thus, the lucrative nature of this market is high. It is also seen that the profit margin while selling toys can range between 25% to 30% per annum. Parents are likely to always buy toys for their children, which is why they are never out of fashion, particularly cloth dolls.

What business will boom in India? ›

Most Profitable Business Ideas in India
  • Cloud kitchen. Cloud Kitchen is a smart way to launch your food business. ...
  • Wedding planner. Indians are known for elaborate weddings. ...
  • Website Designing. ...
  • Interior designing and decorating. ...
  • Dropshipping. ...
  • Pet care services. ...
  • Travel agency. ...
  • Organic farming.
Aug 14, 2024

Which is the hub of toy manufacturing in India? ›

Koppal Toy Cluster, Karnataka- India's first Toy Manufacturing Ecosystem.

What are the top 3 companies in India? ›

Largest Indian companies by market capitalization
#NameM. Cap
1Reliance Industries 1RELIANCE.NS₹20.422 T
2Tata Consultancy Services 2TCS.NS₹16.326 T
3HDFC Bank 3HDB₹13.043 T
4Bharti Airtel 4BHARTIARTL.NS₹9.337 T
57 more rows

Which is the most profitable factory in India? ›

Paper Manufacturing: An Evergreen Industry

It is one of the most profitable businesses in India. As India is a large country with versatile industry sectors like education e-commerce, packaging, and corporate sectors. Due to these sectors and many more businesses, the requirement and demand for paper are high.

Which is the No 1 profitable company in India? ›

No 1. Reliance Industries Limited (RIL) | Profit for FY 2024: ₹69,621 crore | Reliance Industries Limited (RIL), led by billionaire Mukesh Ambani, continues to hold the title of the most profitable company in India.

Who is the richest toy company? ›

In 2024, Lego was unequivocally the most valuable toy brand in the world with a brand value of nearly eight billion U.S. dollars. For years, the Danish toy company has remained the industry leader, towering above its competitors in terms of brand value.

Which toy company makes the most money? ›

The biggest toy company (and the most widely known one), The Lego World, banks the most significant share of this industry's revenue. This key player made nearly $8.5 billion in 2021 and continues to hold its position in the market.

Who dominates the toy industry? ›

The global toy market is led by players like LEGO Group, Hasbro, MGA Entertainment, Mattel, Jakks Pacific, Spin Master, Tomy, Bandai, Playmobil, Fisher-Price (a subsidiary of Mattel), Ravensburger, Funko, WowWee, Moose Toys, and VTech.

How big is the Indian toy industry? ›

According to a report by market research firm IMARC, the toy industry in India was valued at $1.7 billion in 2023 and is expected to reach $4.4 billion by 2032, exhibiting a growth rate of 10.6 per cent.

Which country is the biggest manufacturer of toys? ›

China is the largest producer and exporter of Children Products & Toys in the world.

Who owns toys R Us in India? ›

In June 2021, ace turtle entered a joint venture with the Flipkart Group's Wholesale Entity in India to acquire the license of Toys“R”Us in India.

References

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