Global Toy Gun Market Size By Type (Water Gun, Soft Bullet Gun, Model Gun), By Application (Supermarkets, Specialty Stores, Online Retail), By Geographic Scope And Forecast

Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format

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Global Toy Gun Market Size By Type (Water Gun, Soft Bullet Gun, Model Gun), By Application (Supermarkets, Specialty Stores, Online Retail), By Geographic Scope And Forecast

Toy Gun Market Size And Forecast

Toy Gun Market size is growing at a good pace over the last few years and is expected to grow at a CAGR of 5.90% over the forecasted period i.e 2023 to 2030.

The market for Toy Gun has grown significantly in recent years, with an increasing number of consumers turning to these products to improve the quality of their photography and videography. The Global Toy Gun Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Toy Gun Market Definition

A toy gun is a replica firearm that is intended to be used as a toy or for simulation rather than for genuine conflict or self-defense. Toy guns can be constructed of plastic, metal, or other materials, and they can replicate the action of a genuine weapon by using mechanics such as air pressure or springs. Toy guns are permitted in games or simulations, but they should never be used to threaten or hurt people.

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Global Toy Gun Market Overview

Toy Gun Market have existed for many years, and there are many different types of toy weapons on the market. Over the years, the sector has seen numerous changes and problems, but it remains a prominent section of the toy market. Toy guns can be created to look and function like actual firearms, or they can be styled to resemble fictional weaponry from movies, video games, and other media. Toy gun demand is expected to rise due to reasons such as rising disposable income, shifting consumer preferences, and a growing interest in outdoor activities.

The global Toy Gun Market is fueled by a number of reasons, including the popularity of action-oriented media, the expansion of the gaming industry, and the rising demand for toys that promote physical exercise and outdoor play. Furthermore, the growth of internet buying platforms and the ease of international shipping have enabled toy gun producers to broaden their reach and enter new markets worldwide.

Consumer preferences are also influencing the market. Customers are increasingly searching for environmentally sustainable and safe toys. To meet this need, several toy gun makers are developing toys composed of non-toxic materials and utilizing ecologically friendly packaging. Online retailers have become a prominent channel for toy gun sales since they allow producers to access a worldwide audience and provide a diverse range of items. Toy stores and mass-market merchants also play an essential part in the toy gun business since they provide consumers with a quick and accessible option to acquire toys.

Global Toy Gun Market Segmentation Analysis

The Global Toy Gun Market is Segmented on the Basis of Type, Application, And Geography.

Toy Gun Market, By Type

  • Water Gun
  • Soft Bullet Gun
  • Model Gun
  • Others

Based on Type, the market is further segmented into Water Gun, Soft Bullet Gun, Model Gun, and Others. Water guns have seen a substantial increase in popularity in recent years, primarily to their growing popularity among youngsters. A water gun is a device that propels itself with pressurized water via a pump that is generally coupled to the trigger. These weapons are frequently used for outdoor play and are particularly popular during the summer months. Water guns come in a variety of styles and sizes, ranging from small hand-held guns to bigger backpack-style weapons that can contain more water. Water guns are safe for children to use, but make sure the gun is manufactured of non-toxic materials.

Toy Gun Market, By Application

  • Supermarkets
  • Specialty Stores
  • Online Retail
  • Others

On the basis of Application, the market is segmented into Supermarkets, Specialty Stores, Online Retail, and Others. In 2022, the supermarket was the most important application category, accounting for more than half of the worldwide Toy Gun Market. One of the primary aspects propelling this category is the usage of realistic-looking toys to attract visitors and create a festive mood.

Toy Gun Market, By Geography

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

On the basis of Regional Analysis, The Global Toy Gun Market is classified into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. In 2022, Asia Pacific was the largest regional market, accounting for more than half of overall sales. Because of rising product demand from nations such as Japan, South Korea, China, and India, the area is expected to maintain its dominance during the projection period.

Furthermore, the growing popularity of outdoor games, as well as increased urbanization, are likely to enhance product sales in this region. North America is expected to develop significantly throughout the projection period due to the rising popularity of sporting activities among children and teens, as well as the existence of a large number of multinational firms involved in the manufacture of Toy Gun. The huge demand for model weapons from nations like Germany and the U.K. contributes significantly to industry growth in Europe as well.

Key Players

The “Global Toy Gun Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Disney, EagleStone, Fun Express LLC, Guangzhou Zhile Commercial, Hasbro, Itsyyboo, Jumpit, Kaidiwei, Leopmase, Lucky Toys, Mattel, Parris Toys, S M FUNCORP TOYS LLP, SWEMNED, Toshi Station, YEEBAY, and Zuru X-Shot.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Key Developments

  • In February 2023, Hasbro announced a collaboration with Minecraft that would bring the world of adventures and endless possibilities to life with an all-new range of NERF Minecraft blasters. Fans can take their ideas from in-game to real-world Minecraft play with this collection of legendary favorites inspired by Minecraft and Minecraft Dungeons.
  • In June 2019, Nerf has announced the sale of a Toy Gun based on the in-game weapon “Battle Royale”the AR-L Blaster, which will cost USD 49.99.

Ace Matrix Analysis

The Ace Matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of services, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators.

Market Attractiveness

The image of market attractiveness provided would further help to get information about the region that is majorly leading in the global Toy Gun Market. We cover the major impacting factors that are responsible for driving the industry growth in the given region.

Porter’s Five Forces

The image provided would further help to get information about Porter’s five forces framework providing a blueprint for understanding the behavior of competitors and a player’s strategic positioning in the respective industry. The porter’s five forces model can be used to assess the competitive landscape in the global Toy Gun Market, gauge the attractiveness of a certain sector, and assess investment possibilities.

Report Scope

REPORT ATTRIBUTESDETAILS
STUDY PERIOD

2019-2030

BASE YEAR

2022

FORECAST PERIOD

2023-2030

HISTORICAL PERIOD

2019-2021

KEY COMPANIES PROFILED

Disney, EagleStone, Fun Express LLC, Guangzhou Zhile Commercial, Hasbro, Itsyyboo, Jumpit, Kaidiwei, Leopmase, Lucky Toys, Mattel, Parris Toys, S M FUNCORP TOYS LLP, SWEMNED, Toshi Station, YEEBAY, and Zuru X-Shot.

SEGMENTS COVERED
  • By Type
  • By Application
  • By Geography
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Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

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