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Written by kishanroy » Updated on: December 12th, 2024
India Anime Market Overview
Base Year: 2023
Historical Years: 2018-2023
Forecast Years: 2024-2032
Market Growth Rate: 12% (2024-2032)
As anime's popularity surges in India, the market is ripe with opportunities for both domestic and international players to connect with a passionate and growing fanbase. According to the latest report by IMARC Group, The India anime market size is projected to exhibit a growth rate (CAGR) of 12% during 2024-2032.
India Anime Industry Trends and Drivers:
The anime market in India is growing rapidly due to several key factors. The increasing adoption of streaming platforms among individuals in the country is impelling the market growth. These platforms are not only introducing a variety of popular anime shows but also localizing them by offering subtitles and dubbing in regional languages. This is playing a significant role in attracting a broader demographic, including non-English-speaking viewers, thereby expanding the fan base. In line with this, the rising utilization of social media is contributing to the market growth in India. Social media platforms are becoming hubs for anime fans to discuss shows, share fan art, and create content, increasing visibility and engagement. Indian creators and influencers who like anime are fostering a community that actively promotes it. The engagement from these communities also helps in organizing events like comic cons and fan conventions, where anime is a major theme. Apart from this, the increasing focus on anime on account of inflating income levels of individuals is bolstering the market growth in the county. With better financial capacity, people are spending more on anime-related merchandise, such as action figures, clothing, and posters.
Furthermore, the growing awareness among individuals about Japanese culture and the influence of global pop culture trends are offering a favorable market outlook. Besides this, collaborations between Indian and Japanese studios for anime content production are supporting the market growth. These partnerships allow Indian studios to tap into Japan’s deep expertise in anime production, combining it with local storytelling and cultural nuances. By integrating anime elements like animation styles, character designs, and thematic tones, Indian studios can create content that resonates with the domestic audience while maintaining a connection to the global anime aesthetic. As a result, the market is benefiting from a combination of digital accessibility, social engagement, increasing disposable incomes, and cross-cultural collaborations.
Grab a sample PDF of this report: https://www.imarcgroup.com/india-anime-market/requestsample
India Anime Industry Segmentation:
The report has segmented the market into the following categories:
Revenue Source Insights:
Regional Insights:
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Key highlights of the Report:
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us:
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
Contact Us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: [email protected]
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145
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