What is Plastic Model Kits Market?
A plastic model is a scale model made of plastic that is sold as a kit and constructed by amateurs for static display. The majority of the subjects shown in a plastic model kit are military and civilian vehicles. The difficulty of a kit varies, ranging from a "snap-together" model that can be put together right out of the box to one that takes special tools, paints, and cement. Plastic is a material that can be readily shattered or difficult to glue together, as in models. Hobbyists enjoy hours of enjoyment from model kits, which are created in the millions. They can be found in specialized hobby and craft stores, as well as toy, department, and drug stores—and sometimes even supermarkets. Plastic is the most commonly used raw material in today's scale models. The producer buys large quantities of the plastic required to mold the pieces.
Highlights from Plastic Model Kits Market Study
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Tamiya Models (Japan), Hasegawa Models (Japan), Academy Models (South Korea), ItaleriS.p.A (Italy), Revell (Germany), Heller SA (France), Airfix Models (United Kingdom), Round 2 (United States), Moebius (Kenya) and Aoshima (Japan) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that Asia Pacific Vendors will contribute to the maximum growth of Global Plastic Model Kits market throughout the forecasted period.
Tamiya Models (Japan), Hasegawa Models (Japan), Academy Models (South Korea), ItaleriS.p.A (Italy), Revell (Germany), Heller SA (France), Airfix Models (United Kingdom), Round 2 (United States), Moebius (Kenya) and Aoshima (Japan) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Trumpeter (China), Dragon Models (Hong Kong), Minicraft Models (United States) and Bachmann Trains (Bermuda). Plastic Model Kits Market Segmentation:
Scope | Sub-Segments |
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Type | Aircrafts, Cars, Tanks, Ships, Trains, Characters and Other |
Distribution Channel | Online,Offline |
On the basis of geography, the market of Plastic Model Kits has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing demand in Fields like Engineering, Architecture, Filmmaking, Military Command, Salesmanship, and Hobby Model Building
Market Growth Drivers:
Growing Demand by Children as Toys and Applications Such as Replicas of Various Subjects, Ranging from Military (aircraft, ships, tanks) to Science Fiction
Restraints:
High Cost of Certain Products and Switch to 3D Computerised Digital Models
Opportunities:
Growing Sales through E-Commerce Channels and Growth Opportunities in Untapped Markets
Key Target Audience
Manufacturers of Plastic Model Kits, Suppliers of Plastic Model Kits, Wholesalers, Distributors and Retailers of Plastic Model Kits, E-Commerce Companies, Governmental bodies and Other6