Top 22 Providers of Distinctive Novelty Toys (2024)

The novelty toy industry is an ever-evolving arena that thrives on creativity, innovation, and an understanding of what delights and engages both children and adults alike. These companies manufacture and distribute a spectrum of products - from traditional, tactile toys to advanced, interactive electronic options that incorporate the latest technological advancements. They often cater to a diverse demographic, producing everything from educational games for toddlers, building blocks for youngsters, to collectibles for all age groups. In an era where digital gaming is on the rise, these companies are continuously adapting to industry shifts, integrating technology into their designs, without compromising on the imaginative and playful aspects of traditional toys.


Top 22 Novelty Toy Companies

1. the LEGO Group

  • Website: lego.com
  • Headquarters: Billund, Syddanmark, Denmark
  • Founded: 1932
  • Headcount: 10001+
  • LinkedIn

LEGO.com is a website that offers a wide range of LEGO products and services. It provides a platform for LEGO enthusiasts to engage, explore, and purchase LEGO sets, bricks, and accessories.


2. Hasbro

  • Website: hasbro.com
  • Headquarters: Pawtucket, Rhode Island, United States
  • Founded: 1923
  • Headcount: 5001-10000
  • LinkedIn

Hasbro is a company that offers a wide range of toys and games for children. They specialize in creating interactive and innovative products that engage and entertain kids of all ages.


3. VTech

  • Website: vtech.com
  • Headquarters: Tigard, Oregon, United States
  • Founded: 1976
  • Headcount: 10001+
  • Latest funding type: Ipo
  • LinkedIn

VTech is a company that offers innovative electronic toys and educational products for children. Their products are designed to engage and stimulate young minds, helping them to learn and grow through play.


4. Build-A-Bear Workshop

  • Website: buildabear.com
  • Headquarters: St Louis, Missouri, United States
  • Founded: 1997
  • Headcount: 5001-10000
  • Latest funding type: Ipo
  • LinkedIn

Build-A-Bear is a global brand that specializes in creating stuffed animals, offering a unique and interactive experience for customers to build their own personalized teddy bears and other plush toys.


5. Spin Master

  • Website: spinmaster.com
  • Headquarters: Toronto, Ontario, Canada
  • Founded: 1994
  • Headcount: 501-1000
  • Latest funding type: Post Ipo Secondary
  • LinkedIn

Spin Master is a company that offers a wide range of toys and games for children of all ages. Their products include activity sets, puzzles, outdoor play equipment, and swimming aids. With a focus on creativity and fun, Spin Master strives to provide high-quality and innovative toys that engage and entertain kids.


6. Jakks Pacific

  • Website: jakks.com
  • Headquarters: Santa Monica, California, United States
  • Founded: 1995
  • Headcount: 501-1000
  • Latest funding type: Post Ipo Equity
  • LinkedIn

JAKKS Pacific, Inc. is a toy and consumer products company that offers a wide range of toys and collectibles for children. They are known for their popular brands such as Paw Patrol, Disney Princess, Super Mario, and Sonic the Hedgehog. Their products include action figures, plush toys, ride-ons, costumes, and educational games. JAKKS Pacific aims to provide fun and imaginative play experiences for kids of all ages.


7. Zuru

  • Website: zuru.com
  • Headquarters: Hong Kong, Auckland, Hong Kong
  • Founded: 2003
  • Headcount: 1001-5000
  • LinkedIn

ZURU Toys is a leading global toy company known for its innovative and creative toys. With a presence in over 120 countries, ZURU distributes its brands, including Bunch O Balloons™, X-Shot™, Rainbocorns™, and Mini Brands™, to major retailers worldwide. The company has partnerships with renowned entertainment properties like Nickelodeon and Disney.


8. IG Design Group Americas, Inc

IG Design Group Americas is part of IG Design Group PLC and operates in multiple regions, categories, and brands. They specialize in promotional cards, merchandising displays, and a diverse range of creative products including sewing patterns, crafts kits, toys, games, and stationery.


9. Bandai Co., Ltd

Bandai Co. is a company that specializes in the production and distribution of various toys and hobby products. They offer a wide range of merchandise and collectibles, including figures, models, and accessories, based on popular franchises such as anime, movies, and video games.


10. LeapFrog

  • Website: leapfrog.com
  • Headquarters: Emeryville, California, United States
  • Founded: 1995
  • Headcount: 51-200
  • Latest funding type: Acquired
  • LinkedIn

LeapFrog is a company that offers educational toys and tablets for children. They provide a range of interactive and engaging products that help kids learn and develop various skills.


11. Ravensburger North America, Inc.

Ravensburger is a company that offers a wide range of games, puzzles, and toys for children and adults. They specialize in 3D puzzles and jigsaw puzzles, and also provide puzzle accessories and puzzle quality services.


12. Just Play

Just Play is a company that creates toys for kids of all ages, focusing on enabling imaginative, role-playing, and endless storytelling play. They develop a wide range of toys, including plush, novelty items, and collectibles, and work with top brand builders and story-tellers like Hasbro, Mattel, Moonbug, Paramount, and The Walt Disney Company. Their brand partnerships inspire imagination and cater to infants, children, and kidults.


13. Eclipse Toys

Eclipse Toys offers unique and simple play pattern toys, with a focus on high performance gliders and remote control toys. Their products are designed in-house and exclusively available at Eclipse.


14. HTI Group

  • Website: htigroup.co.uk
  • Headquarters: Fleetwood, Lancashire, United Kingdom
  • Founded: 1952
  • Headcount: 51-200
  • LinkedIn

HTI Group is a toy company based in the UK. They offer a wide range of toys and games for children, including brands like Peppa Pig, Paw Patrol, and Hey Duggee.


15. Toy Factory Llc

Toy Factory is a privately held company that designs, manufactures, and distributes stuffed toy and novelty products for outdoor amusem*nt parks, indoor family entertainment centers, and vending companies operating skill crane machines.


16. Friends Boutique

  • Website: bliptoys.com
  • Headquarters: Allentown, Pennsylvania, United States
  • Founded: 2000
  • Headcount: 11-50
  • LinkedIn

Blip Toys is a global marketer of high-volume toy concepts. They offer a wide range of toys including dolls, collectibles, plush, animatronics, outdoor, novelty, and influencer toys.


17. Slime LLC

Slime.lol is a company that specializes in the production and distribution of slime products. They offer a wide range of high-quality, colorful, and fun slime for kids and adults alike.


18. Wishpets

  • Website: wishpets.com
  • Headquarters: Beaverton, Oregon, United States
  • Founded: 1997
  • Headcount: 11-50
  • LinkedIn

Wishpets.com is a leading designer and manufacturer of plush toys for the Gift and Souvenir Market. They offer a wide variety of realistic wildlife pieces as well as novelty plush to fit any theme. With competitive pricing and customization options, they provide high-quality products to gift stores, floral shops, zoos, sanctuaries, aquariums, resorts, water parks, and amusem*nt parks.


19. Nomad Originals

Nomad Originals is a toy, doll, and doorstop manufacturer with a focus on creating unique and high-quality products.


20. American Carnival Mart

Funcarnival.com is an online retailer specializing in custom toys and novelties. They offer a wide variety of products, including plush toys, games, inflates, and party supplies. With a focus on fun and entertainment, Funcarnival.com aims to provide unique and enjoyable experiences for customers of all ages.


21. Sewco Toys &a; Novelty

  • Website: sewco.com.hk
  • Headquarters: Hong Kong
  • Headcount: 51-200

Sewco Toys & Novelty Limited is a manufacturer offering manufacturing, R&D and quality services for toys and novelty products.


22. Union Service CO.,LTD

Yiwubuying.com is a leading exporter and wholesaler of toys in China, with over 15 years of experience. They offer a wide range of toys for all ages, including arts & crafts, building toys, dolls & accessories, and STEM & learning toys. They provide OEM&ODM services and have a dedicated design team. Join them to become the fastest growing toy brand.


Want to find more novelty toy companies?

If you want to find more companies that deliver an array of engaging, imaginative toys you can do so with Inven. This list was built with Inven and there are hundreds of companies like these globally.


With Inven you'll also get to know the company's:


  • Ownership: Which of these are private equity backed? Which are family-owned?
  • Contact data: Who are the owners and CEO's? What are their emails and phone numbers?
  • Financials: How do these companies perform financially? What are their revenues and profit margins?

...and a lot more!

Top 22 Providers of Distinctive Novelty Toys (2024)

FAQs

What are the top 10 toy companies? ›

The global toys market has several major players including Clementoni Spa, Funskool Ltd., Hasbro Inc., Lego A/S (Kirkbi A/S), Mattel Inc., Playmobil (Brandstätter Group), Pressman Toy Corporation (Goliath B.V.), Simba Dickie Group, Spin Master, Talicor Inc., Thinkfun Inc.

Who is the market leader in toys? ›

The toys and games market is highly competitive, and it is dominated by Mattel Inc., Hasbro Inc., LEGO Group, and Spin Master Ltd, among others.

What toy company makes the most toys? ›

The world's largest toy companies

Of the major players in the toy industry, LEGO accounted for the highest annual revenue, followed by Bandai Namco, Hasbro, and Mattel.

What is the most valuable toy brand? ›

LEGO is the world's most valuable toy brand for the tenth year running, increasing its brand value by 6.5% to USD7. 9 billion. Fuelled by a year of solid sales growth, the brand has opened 147 new Lego-branded stores worldwide, bolstered its digital presence, and rolled out innovative new product lines.

What company is the largest distributor of toys? ›

The Global Reach:

McDonald's global presence ensures that its toys reach children in almost every corner of the world. This widespread distribution, combined with the allure of Happy Meal toys, solidifies McDonald's status as the world's largest toy distributor.

Who is the largest toy retailer in the US? ›

Amazon.com is leading the Toys & Baby e-commerce market in the U.S., with e-commerce net sales of US$6,292 million in 2021 generated in the U.S., followed by walmart.com with US$4,645 million. Third place is taken by target.com with a revenue of US$1,621 million.

Who dominates the toy industry? ›

The global toy market is led by players like LEGO Group, Hasbro, MGA Entertainment, Mattel, Jakks Pacific, Spin Master, Tomy, Bandai, Playmobil, Fisher-Price (a subsidiary of Mattel), Ravensburger, Funko, WowWee, Moose Toys, and VTech.

Who is the biggest toy seller in the world? ›

The biggest toy company (and the most widely known one), The Lego World, banks the most significant share of this industry's revenue. This key player made nearly $8.5 billion in 2021 and continues to hold its position in the market.

Who is the king of toys? ›

The King of Toys is an Emblem Heartless that appears as a supporting antagonist in Kingdom Hearts III as the boss of the world Toy Box. It is a massive demonic toy that was created by Young Xehanort out of the darkness in Buzz Lightyear's heart to stall him, Woody, Sora, Donald, and Goofy from preventing his escape.

What is the number one selling toy in the world? ›

(NASDAQ: MAT) today announced that its iconic Barbie brand was named the 2021 top global toy property of the year for the second consecutive year and its Hot Wheels Singles 1/64 Assortment was named the 2021 global top-selling toy of the year per The NPD Group, a leading global information company1.

Which company is best for toys? ›

Featured Brands
  • Skillmatics.
  • PlayShifu.
  • Step2.
  • Wild Republic.
  • ELC Toys.
  • Rubbabu.
  • Barbie.
  • DIY Slime.

Who is Lego's biggest competitor? ›

LEGO's competitors

Mattel is a children's entertainment company that specializes in the design and production of toys and consumer products. Hasbro is a play and entertainment company. JAKKS Pacific is a multi-line, multi-brand toy company.

What are the top toy manufacturers in the US? ›

Furthermore, three out of the five largest players in the global toy industry are American companies, namely JAKKS Pacific, Inc., Hasbro, and Mattel, the company responsible for big brands like Barbie and Hot Wheels.

Who is bigger, Mattel or Hasbro? ›

Hasbro is known for G.I. Joe, Transformers, My Little Pony, and Star Wars to name a humble few, while Mattel's titan brands include Barbie, Hot Wheels, and Uno. Hasbro is widely considered the bigger brand, which is reflected in their stock prices.

Is LEGO bigger than Mattel? ›

Lego A/S beat its biggest toymaker competitors last year, capturing market share even as its largest rival, Mattel Inc., was buoyed by the Barbie movie. The Danish maker of the colorful toy bricks expanded its position as the world's No.

What is the number 2 toy company? ›

A Japanese toy industry mogul, Bandai Namco, closely followed The Lego Group by making $7.3 billion as the fiscal year 2022 ended.

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