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The Economic Times
The Economic Times
Pratyush Dash and Vidushi Goel

Unleash anime spirits: India must tap the fast-growing global animation market as part of its orange economy push

The anime industry has expanded globally both in scale and relevance. In Japan, it has grown from $15.1 bn in 2015 to $25.3 bn in 2024 at a 10-yr CAGR of about 6%. What makes this growth particularly interesting is where it is generated.

Anime is no longer driven primarily by domestic demand. Global markets account for 56% of total revenues for the sector, contributing $14.25 bn in 2024, compared to 44% from Japan at $10.97 bn. Interestingly, international demand is growing at a much faster pace - 26% y-o-y, while domestic revenues grew a modest 2.8%.

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