The global toy market continues to thrive, with steady growth driven by factors such as rising disposable incomes, increasing urbanization, and evolving consumer preferences. As of 2024, the global toy market is valued at over $300 billion and is projected to reach $400 billion after 2030, reflecting a compound annual growth rate (CAGR) of around […]

The global toy market continues to thrive, with steady growth driven by factors such as rising disposable incomes, increasing urbanization, and evolving consumer preferences.

As of 2024, the global toy market is valued at over $300 billion and is projected to reach $400 billion after 2030, reflecting a compound annual growth rate (CAGR) of around 3-4%.

Contrary to popular belief, and despite the digitalization of our societies, toys remain a staple in households worldwide, catering not only to children but also to an expanding market of “kidults” (adults who enjoy collecting toys and engaging in nostalgic play). 

This diverse consumer base spans various demographics and geographies, with emerging markets playing an increasingly significant role in driving demand.

In this context, Vietnam, considered as the next “World Factory”, has established itself as a prominent player in the global toy market, leveraging its manufacturing expertise and cost-effectiveness to meet the growing demand for toys. 

As one of the leading toy producers in Asia, Vietnam’s contribution to the industry is substantial, with a wide range of products exported to markets around the world.

In this article Remote Resources will unveil why you should consider Vietnam as an outsourcing destination for your Toy Design & Production projects, and why we are the right people for that! So without further ado, let’s start!

The Pros of Toy Design in Vietnam

1. Attractive Cost of Human Resources

Vietnam offers competitive labor costs, making it an attractive offshore destination for toy design and production. 

The average monthly wage for a staff in Vietnam is significantly lower than pretty much any other countries you would typically consider for outsourcing, such as China & Mexico, translating to cost savings for businesses.

According to recent data, the average monthly wage in Vietnam is around 7.000.000 VND, i.e 275 US, with unskilled workers earning around 5.000.000 VND (200 USD), while skilled worker would earn about twice as much (10.000.000 VND or 400 USD). 

This affordability allows international companies to build talented teams of offshore toy designers without compromising on quality, since the Vietnamese workforce is getting more and more skilled and productive. 

2. Attractive Cost of Operations

Vietnam offers a significant cost advantage for toy design companies beyond just competitive labor rates. Overall operating expenses, including office space, equipment, and utilities, are generally lower compared to established design hubs.

For instance, renting office space in Ho Chi Minh City (Saigon) is considerably more affordable than in major cities like Mexico City or Shenzhen. 

Prime office space in Ho Chi Minh City can range from $30 to $50 USD per square meter per month, whereas similar spaces in Mexico City can reach $60 to $80 USD and in Shenzhen can climb to $80 to $100 USD or more.

This cost advantage extends beyond just rent. Utilities like electricity and internet are generally cheaper in Vietnam compared to aforementioned outsourcing destinations. Outsourcing all your operational tasks, such as HR and admin, to local Vietnamese providers such as Remote Resources can further reduce expenses.

3. Vietnamese Toy Design Talents on the Rise

Vietnam is cultivating a thriving pool of talented toy designers with experience in both domestic and international markets. Vietnamese Universities have even started to provide specific courses for Toy Designs (a specialization of Industrial Design). 

As a result, Vietnamese toy designers are increasingly recognized for their ability to bridge the gap between traditional Vietnamese aesthetics and modern design sensibilities.

A growing number of Vietnamese artists are creating unique and collectible art toys, blurring the lines between traditional toys and artistic expression.

This emerging talent pool offers companies access to fresh perspectives and innovative concepts. Their ability to integrate Vietnamese cultural influences and contemporary trends creates a distinctive design aesthetic.

4. A Destination Trusted by the Biggest Names of the Toy Industry

Several big players already manufacture toys in Vietnam, through subcontracting with established factories. This includes companies like Mattel, Bandai Namco, and Hasbro. 

Reinforcing Vietnam’s position as a trusted partner, industry giant LEGO is currently building a massive 44-hectare factory in Binh Duong province (outside Ho Chi Minh City), set to start operations in 2024. 

This strategic move signifies LEGO’s confidence in Vietnam’s manufacturing capabilities and its potential as a key market within the Asia-Pacific region. 

The factory’s presence not only strengthens Vietnam’s supply chain but also reflects the growing trust that major toy companies have in the country’s ability to deliver high-quality products. 

This development paves the way for further investment and collaboration within the Vietnamese toy industry.

Remote Resources, Your Trusted Partner for Toy Design Outsourcing in Vietnam

Remote Resources is a trusted partner for toy design outsourcing in Vietnam, offering comprehensive solutions tailored to the needs of clients worldwide. From concept development to prototyping and production, we deliver high-quality results that exceed client expectations.

We Provide a Safe Framework for Offshoring in Vietnam

At Remote Resources, trust is at the core of everything we do. Established since 2012, we have built a solid foundation of reliability and integrity in the industry. Confidentiality is paramount in our operations, and we take great care in safeguarding our clients’ interests and Intellectual Property (IP) through robust Non-Disclosure Agreements (NDAs) and stringent confidentiality measures. Our longstanding commitment to trust and discretion ensures that our clients can confidently entrust us with their projects, knowing that their valuable ideas and information are in safe hands.

We Work with World-Class Companies

At Remote Resources, we proudly collaborate with renowned international companies, showcasing a track record of excellence in developing licensed toys for renowned brands like Disney, Pixar, and Nickelodeon. Our demonstrated expertise and creativity consistently elevate the standard of every project we undertake, ensuring unparalleled results for our clients.

We Offer an International Work Environment

At Remote Resources, we cultivate an international work environment where our team members, who are industry experts fluent in English, facilitate seamless communication and collaboration. This linguistic proficiency is essential, especially in projects demanding creativity, as it ensures precise translation of our clients’ needs to our talented Vietnamese designers, fostering a harmonious and efficient design process.

We Provide Cost-Effective Solutions

Our company offers comprehensive solutions beyond just assembling remote teams of designers. From managing locations and providing necessary equipment to coordinating operations seamlessly, businesses partnering with us gain access to cost-effective, all-encompassing solutions that optimize their processes.

We charge a fixed Management Fee per staff hired and per month, which covers our HR and admin services, operations management, a workstation, IT infrastructure, company activities (trips to the beach every year, birthday parties, happy hours etc), office space and so on.

We Match You With the Best Toy Designers in Vietnam

Remote Resources connects you with top-notch toy designers in Vietnam, specializing in various roles such as 3D modelers/designers, concept artists, prototypers, and packaging designers. Our company has access to a diverse pool of talent, and only hires the best of the best to transform your ideas into captivating toys! 

Whether you’re looking at staff augmentation to improve your current capabilities or at building a new toy designer team from scratch, Remote Resources is the partner you need!

Contact us today at to learn more about how our company can elevate your toy design initiatives by outsourcing to Vietnam.