Soft toys are very popular among kids, teens, and youths. These specialty toys are soft. And generally made of clothes and acrylic fur. Generally, these toys come with different shapes and colors. In addition, different types of animal shapes are very popular. You will find the most popular name ‘Teddy Bear’. Also, they are very popular as home decor items.
With a very small investment, you can start this business. In addition, this is a perfect business for women, housewives, and moms. Here is this article, we intend to explore how to start a small scale soft toys manufacturing company.
Here are the basics steps follow on how to start soft toys making business
Soft Toys Market Potential
There is a good scope for these type of toys in India and the international market. Overall Indian toys industry is about 400 million US dollars. And the growth of some 15 % promises a rapid rise in this statistic. The growing middle class and increasing demand for quality and luxury goods are the main driving factors.
Indian consumers pay more and more attention to high-quality products and thus branded articles. Although the price is often still the major deciding factor. Furthermore, presents make up a significant share of toy sales.
There is about 50% of the market for gifts for people outside the family. Apart from the domestic market, the soft toys have good potential in foreign trade. However, exporting toys need different quality checks like metal detecting.
Soft Toys Making Business Registration
Register your business first. For a small entity, you can go for OPC registration. Obtain Trade License from local Municipal authority. In addition, go for MSME Udyog Aadhaar Online Registration. Check whether it needs VAT registration or not. For import, you must obtain IEC code. Obtain a fire protection system to protect your unit from the fire.
Soft Toys Manufacturing Unit & Machinery
You can start the unit at home. However, you will need to have an area of 500 Sq Ft. Also, you must arrange electricity for the machine operation. Some of the major tools and equipment requirements are
- Sewing machines
- Scissors, tape, needles etc
- Packing Machine
- Other equipment
Soft Toys Manufacturing Process & Raw Materials
The manufacturing of soft toys is best suitable to ladies. The process of manufacturing of soft toys is too easy and simple. Basic steps include pattern, paper cutting, mould making, fabric cutting, sewing, inversion, eyes and nose punching, stuffing, back closing and finishing. First of all, the cloth is cut according to the design of the toy to prepare. And then fill the sponge into from the other side. Later buttons, ribbon, and eyes are tucked to it to make it a complete. Finally, go for quality checking and packing. Now your toys are ready to go for the market.
Basic raw material supplies are fur clothes, stuffing, eyes, ribbon, threads etc. In addition, you must arrange the packaging consumables.
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Editorial Staff at NextWhatBusiness is a team of Business Consultants having years of experience in small and medium scale businesses.