Studio Pets, Surprise Chick and a Descendant video microphone are some of the toys expected to be huge hits this year.
The news comes from the UK's most popular trade show - the Toy Fair - which was held today in London.
Big toy companies like Vtech and Hot Wheels showcased their latest items and the best toys for 2017 were selected by an independent panel.
The list is made up of products that are expected to be popular in the next twelve months - and it includes puzzles, interactive games, tech gadgets and more.
Many of the items haven't been released yet but you can expect to see them in stores later on this year.
The list is made up of more than 40 toys but we've selected a variety of items for children of all ages from the products mentioned.
Hot Wheels - Bladez Quad Racerz, RRP £34.99
Fly and drive quad copters with radio control that seamlessly move from air to land. The Bladez Quad Racerz is not yet available in stores but will be released later on in the year.
LEGO City Police - Mobile Command centre , RRP £39.99
Stop the criminals before they break out of jail in the LEGO City Mobile Command Centre play set. Lower the back ramp on the Mobile Command Centre and unload the police motorbike so you can chase after them. Once you have them cornered, release the police dog and put them in handcuffs to complete the arrest. The play set comes complete with a police motorbike, an ATV and a jail cell with breakout feature. It also contains four LEGO mini figures and role-play accessories including a police dog figure. Buy it from Tesco Direct for £37.99.
StikBot - Zanimation Studio Pets, RRP £21.99
Stop-motion animation set. The app helps kids create a professional movie, with built-in music and sound effects. The Zanimation Studio Pets toy is not yet available in stores.
BRIO - Rescue Fire Fighter Set, RRP £39.99
There's a fire near the forest and they need your help to put it out. Fill the fire train with water at the docking station as quickly as possible. The box includes a train engine, trailer, hose, fire engine, docking station and ten pieces of track. There's also mini figures of a fire and a tree. Buy it from Amazon for £28.50.
Character Options - Little Live Pets Surprise Chick, RRP £14.99
Wait for the chick to hatch from its egg, and then listen to it chirp away to its new mummy. The Surprise Chick Toy isn't available to buy yet but will be released online and in stores later on in the year. From the looks of the picture it seems to be a mini version of the hugely popular Hatchimal toy.
Sylvanian Families Starry Point Lighthouse, RRP £79.99
Downstairs in the main part of the house there is lots of seaside-themed furniture including a boat-shaped bed which hangs from the ceiling. The lighthouse tower roof can be removed, turning the lighthouse into a night light projector. With three slides you can project pictures of the night sky onto your ceiling, including stars, fireworks and even the Sky Ride Adventure in front of the moon. The toy will be available in autumn, for more information visit the official Sylvanian website .
Vtech - Star Wars Stormtrooper Camera Watch, RRP £59.99
A Star Wars themed watch features signature sound effects and Star Wars 3D style clock faces. Expected to be released later on in the year.
Coiledspring Games - Fantastic Beasts: New York 2D Poster Puzzle, RRP £24.99
This Fantastic Beasts themed 2D poster puzzle is great fun for fans of the wizarding world. Once you've put all the pieces together you can hang the picture up in your room. It is not clear how many pieces will be included in the jigsaw. There is a similar one to buy on eBay for £7.99 .
Descendants Selfie Star Video Recording Microphone, £29.99
A video recording microphone based on Disney's Descendants. Choose to pose for a selfie or rock out to your favourite tune. The film is about the exiled children of defeated villains from various children's fairy tales. The toy will hit stores later this year.
Bigjigs Toys - Medieval Train Set £42.99
A medieval wooden play set complete with a castle, a bridge and tracks. Transport the royal gold around the track and help the knights to protect the King and Queen in the castle.The train set - and the parts it is pictured with - will be available later on in the year.