India Baby Toys Market Set to Surpass Billions by 2016-2026 – TechSci Research
India baby toys market is anticipated to undergo substantial rate of growth during the forecast period owing to rising disposable income, especially of the middle-class population of the country. The country is the second largest populated country in the world which makes it a huge consumer base for toy manufacturers. Further, the increased inclination towards better quality games and toys for children in the country is also supporting the growth of the market. With entry of more international toy manufacturers, the Indian toy market is expected to undergo formidable growth by 2026. India is witnessing a major shift in spending pattern. The consumers are now preferring buying battery operated and innovative electronic toys instead of traditional ones. The availability of variety of products with the presence of both domestic and international manufacturers is also contributing to the increase in demand for baby toys. The price range also varies from low to high and thus each strata of ...