Bangladesh’s Toy Market Expected to Double by 2030: DCCI

Bangladesh’s Toy Market Set to Double by 2030, Says DCCI President

Bangladesh’s toy market is projected to double over the next five years, according to Taskeen Ahmed, President of the Dhaka Chamber of Commerce and Industry (DCCI), on Tuesday.

Speaking at a seminar titled “Export Diversification: Prospects of Innovation and Export in Toy Manufacturing Industry” at the DCCI office in Motijheel, Taskeen Ahmed said the domestic toy market, currently valued at Tk 4,500 crore, is expected to reach Tk 9,000 crore by 2030.

Highlighting export potential, he noted that Bangladesh could become a key player in the global toy supply chain as market dynamics shift due to US tariff policies and rising labor costs in China. “China once produced 80 percent of the world’s toys, but with higher labor costs, that dominance is declining. This is a golden opportunity for Bangladesh,” he said.

Currently, Bangladesh exports toys to over 80 countries, earning $77 million in foreign exchange from toy exports last year alone. Taskeen emphasized that further growth in this sector could significantly reshape the country’s export portfolio.

At present, there are 147 toy manufacturers in Bangladesh employing around 20,000 people, 80 percent of whom are women. “If this industry expands further, it will not only boost the economy but also create a strong pathway for women’s empowerment,” he added.

Speakers at the seminar also stressed the importance of strengthening supply chains, simplifying licensing procedures, and expanding Bangladesh’s presence in the international toy licensing market.

The event was attended by Patent, Design and Trademarks Department Director General Md Jahangir Hossain, NBR Member Muhammad Mubinul Kabir, and British Deputy Development Director in Bangladesh Martin Dawson.