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
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
When we look at the market by Type, we see it broken down into Water Guns, Soft Bullet Guns, Model Guns, and "Others." Lately, Water Guns have become super popular, especially with kids! They're basically devices that use pressurized water to shoot, usually with a pump connected to the trigger. You'll often see them in outdoor games, especially when it's hot out. They come in all shapes and sizes, from little ones you hold in your hand to massive backpack versions that hold a ton of water. Important note Water guns are generally safe for kids, just double-check that the plastic is non-toxic.
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 ATTRIBUTES
DETAILS
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
CUSTOMIZATION SCOPE
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Reasons to Purchase this Report
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