Construction Sets & Models - Singapore
Singapore- In Singapore, the revenue generated in the Construction Sets & Models market is projected to reach US$55.4m in 2024.
- This market segment is expected to experience an annual growth rate of 2.36% (CAGR 2024-2029).
- When compared to other countries worldwide, United States generates the highest revenue with an estimated amount of US$9.4bn in 2024.
- Furthermore, when considering the total population, per person revenues of US$9.15 are anticipated in Singapore for the same year.
- In Singapore, the construction sets and models market is booming, with a strong emphasis on sustainable and eco-friendly designs.
- Key regions:
- India,
- United States,
- Indonesia,
- Worldwide,
- Europe
Definition:
Construction sets and models refer to toys and hobby items that allow users to build and assemble different structures, vehicles, and machines. These sets usually come with pre-cut pieces, such as plastic or metal parts, and require assembly using tools or instructions. The sets can range in complexity, from simple blocks for children to intricate models for advanced hobbyists. The market is driven by consumer demand for creative and educational toys, as well as the popularity of collectible and customizable models. Innovation in materials and design has also led to the development of more realistic and functional sets.
Additional Information:
The construction sets and models market comprises revenue and average revenue per capita, with figures generated through both online and offline sales channels. The market serves only the B2C sector, with manufacturers targeting both children and adult hobbyists. Key players in the market include companies such as Lego, Meccano, and Revell. These companies are known for their diverse product lines, brand recognition, and global distribution networks. For more information on the data displayed, use the info button right next to the boxes.
In-Scope
- Building blocks and construction kits, such as LEGO Classic Creative Bricks and Mega Construx
- Magnetic building tiles, such as Magna-Tiles, Magformers
- Miniature models including vehicles, aircraft and ships, such as Revell Airbus and Hot Wheel Car
Out-Of-Scope
- Remote control cars, such as Maisto RC cars and trucks
- Action figures, such as figures representing characters from movies, TV shows, comics, or video games
- Dolls, such as fashion dolls and baby dolls
