Five trends to look forward to in toy and stationery industry in 2023

India is home to one of the most rapidly growing toy markets in the world and the industry is predicted to grow to 23 billion by 2024 The existence of toys in India dates back to the Indus Valley Civilization around five thousand years ago The earliest toys included whistles shaped like birds toy monkeys and small carts which were made from materials found in nature such as sticks clay and rocksIn recent years the advent of advanced technology and machinery has encouraged manufacturers to produce modern and innovative toys India has one of the largest young populations in the world owing to which the toy industry in the country has witnessed rapid growth The market is brimming with a wide array of both conventional and modern toys However with evolving trends there has been a shift from traditional toys towards innovative and hitech electronic toysAnother year is practically in the rearview mirror and for toy makers its been a busy one After finding creative ways to overcome obstacles brought about by the pandemics uncertainty the Indian toy and stationery market remains optimistic that 2023 will bring about a positive change to the industry Understanding how children will play and learn in the future is an integral part of our trend forecasting process particularly while developing seasonal design trends for the kids marketShobhit Singh Director Stone Sapphire India Private Limited shares some of the upcoming trends that we can expect will rule the toy and stationery sector in both Indian and global markets in the year 2023Sustainability continues to dominateIt is impossible to disregard plastic completely from toy products henceforth most companies are coming up with groundbreaking ways to emphasize the importance of sustainability Toy manufacturers are finding new ways of fabricating new products without adding to the plastic waste issue In order to go with the trend of sustainability and build a greener earth today many toys are being composed of ecofriendly materials like bamboo sugarcane fibres biodegradable paints and many other sustainable raw materials It is predicted that going forward there is certainly going to be a boom in this space as more and more companies are getting innovativePlaying Dough is taking the Indian toy industry by stormThe Indian toy manufacturing industry has always come up with something that alongside being fun also doubles up as an exceptional and safe learning technique for your children As far as playing dough is concerned the benefits associated with it are plentiful like the development of fine motor skills encouraging creativity improving social skills supporting literacy and numeracy and promotion of playtime There are many companies that undergo a host of methods and ideas in constructing a colourful playing dough that is not only nontoxic but also sustainable thus getting the end product that is absolutely safe for kids to useDoitYourself Kits will be the next inthingDoityourself kits facilitate children in discovering new hobbies allow them to reconnoiter their abilities and above all help them to tap into their creativity STEMbased toys or DIY kits tend to provide a practical handson learning approach to young developing minds This facilitates them in easily grasping concepts like mathematics and science thus imparting a holistic approach Additionally playing with these toys will also help in refining life skills like confidence problemsolving attributes better communication skills and persistence to name a fewFuturistic Toys perceives an uptick in salesKids tend to learn best in an interactive environment Hence nextgen technology learning tools have today substituted blackboards books and homework Gamification of toys enables children to understand serious subjects through gameplay Intelligent technologies like AI AR and VR have today been transforming the landscape of learning thus allowing kids to remain lifelong learnersToys that promote moralityIn the coming years genderneutral toys and multiplicity in objects of play are being fortified to serve as a more accurate illustration of the real world aiming to familiarize children with new experiences Such play fundamentals help in cultivating empathy and responsiveness amongst childrenKids of the contemporary age are digitallysavvy and exposed to an assemblage of things on a universal scale that is nothing but impacting their buying behavior This clearly states that it is imperative for toy and stationery makers to continue to keep up with the shifting times through constant innovation and market trendsRead More Of camaraderie and zest Athletes share their experience of running at the Mumbai MarathonThis story has been sourced from a third party syndicated feed agencies Midday accepts no responsibility or liability for its dependability trustworthiness reliability and data of the text Midday managementmiddaycom reserves the sole right to alter delete or remove without notice the content in its 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