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Why Anime Merch Spending Is Exploding as India Goes Mainstream

Anime merchandise spending is booming as India emerges as one of the world’s fastest-growing anime markets.

Anime India.

Anime India.

Not long ago, owning an anime figurine or a Naruto hoodie in India marked you as part of a small, slightly misunderstood subculture. Today, that same hoodie is streetwear, and the figurine sits on a shelf as a statement of identity. Two trends are driving this shift at once: a global explosion in anime merchandise spending, and the rapid mainstreaming of anime in India. Together, they are reshaping how a generation watches, spends, and expresses itself.

The Global Merch Boom

The numbers behind anime merchandise are striking. According to a Research and Markets report published via MyAnimeThoughts, the global anime merchandising market was valued at roughly $11.19 billion in 2025 and is projected to reach $22.89 billion by 2033, growing at a compound annual rate of about 9.36%. Grand View Research places the 2025 figure even higher, near $12 billion, with figurines making up the single largest product category at over 37% of sales.

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