India Anime Market Size 2024-2030: Animation Studio (Green Gold Animation, Toonz Animation India, Village Talkies, Toei Animation, and Prime Focus Limited)

According to MarkNtel Advisors study the India Anime Market size is estimated to grow at a CAGR of around 13.4% during the forecast period, i.e., 2024-30.

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Key Findings of the Study: India Anime market

India Anime Market Driver:

Increasing Inclination Toward Entertainment Web Platforms – In recent years, consumers across India have been observed to be increasingly adopting online web platforms for entertainment purposes. With the presence of a wide range of content, including movies, web series, music, etc., which has been able to cater to diverse interests & preferences, the adoption of these platforms has increased. Hence, as online web platforms have been streaming a wide range of anime-based content, in different genres, their demand has also increased among consumers. In addition to this, the increasing internet penetration across the country has further supported the improved adoption of entertainment platforms like Amazon Prime, Netflix, etc., across the country. For instance:

In 2023, according to the Internet & Mobile Association of India (IAMAI), the country has around 820 million active Internet users, and Internet penetration has increased by 8% in 2023, as compared to 2022.

India Anime Market Challenge:

High Production Cost Hampering the Market Growth – The India Anime Market has been experiencing a significant challenge in its growth process, owing to the high production cost of the anime content. Anime production is a complex process, and every stage, from design to post-production requires substantial investment. In addition to the cost of script, production, direction, editing, etc., anime content also requires robust technologies for creation. The animators need to do extensive editing, along with which, content production requires sound effects & voiceovers as well. Hence, all of these steps add up to the overall production cost of anime content. Therefore, this increased production cost has led to the failure of many anime content to recoup this expense, and thus, has been negatively affecting the India Anime Industry growth.

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Scope of the Report and India Anime Market Segmentation:

By Type

V. - Market Size & Forecast 2019-2030, USD Million

Movie- Market Size & Forecast 2019-2030, USD Million

Video- Market Size & Forecast 2019-2030, USD Million

Internet Distribution- Market Size & Forecast 2019-2030, USD Million

Merchandising- Market Size & Forecast 2019-2030, USD Million

Music- Market Size & Forecast 2019-2030, USD Million

Pachinko- Market Size & Forecast 2019-2030, USD Million

Live Entertainment- Market Size & Forecast 2019-2030, USD Million

By Genre

Action & Adventure- Market Size & Forecast 2019-2030, USD Million

Sci-Fi & Fantasy- Market Size & Forecast 2019-2030, USD Million

Romance & Drama- Market Size & Forecast 2019-2030, USD Million

Sports- Market Size & Forecast 2019-2030, USD Million

Others- Market Size & Forecast 2019-2030, USD Million

The Action & Adventure Genre experienced substantial growth in the India Anime Market, fueled by the enthusiasm of fans and gamers alike.

By Age Group

Children- Market Size & Forecast 2019-2030, USD Million

Teenagers- Market Size & Forecast 2019-2030, USD Million

Young Adults- Market Size & Forecast 2019-2030, USD Million

India Anime Market Competitive Landscape

Animation Studio

Green Gold Animation

Toonz Animation India

Village Talkies

Toei Animation

Prime Focus Limited

Streaming Platform

Netflix

Amazon Prime Video

Crunchyroll

Disney+ Hotstar

Voot

India Anime Market Development:

2024: Green Gold Animation has launched a new anime show, i.e., "Mighty Bheem's Playtime," a spin-off series delving into our adventurous toddler's school experiences. Through its engaging narrative and endearing characters, "Mighty Bheem's Playtime" maintains its hold on young viewers on Netflix.

2023: Toei Animation announced its, plans to establish an office in India as part of its global expansion strategy, which would allow the company to manage its sales division locally.

Geographical Analysis:

By Region

North

South

East

West

Note: If you require specific information not covered in the current report, we can provide it through customized option

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