Die-Cast Model Car Market – 35% of Growth to Come from North America | Collection of die-cast models with high resale value to stimulate the market

The difference in potential growth for the Diecast Model Cars Market between 2020 and 2025 is $1.19 billion. To get the exact annual growth variance and annual growth rate, Talk to our analyst.

Key Market Dynamics:

  • Market engine – The key factor driving the growth of the diecast model car market is the expected collection of die-cast models with high resale value. Die-cast model cars are like other regular collectibles. Limited availability and unsustainable shipping involving a few units increase product costs. An AUTOart model, which costs $200, saw its real price increase due to high shipping costs. This prompted collectors of die-cast model cars to switch to other makes and different models, which reduced the availability of high-cost models. The few die-cast model collectors who have purchased AUTOart models see high resale values ​​for the products as they are available in limited numbers. The resale value of a die-cast model becomes premium with an increased appreciation cost over the base price of the model if its exclusivity and demand increases.
  • Market Challenges – Consumer-specific cost challenges are major challenges faced by die-cast model car market. There is no base price for diecast models, while the maintenance cost of small size diecast models is high. The resale value of a diecast model is determined by adding the accumulated appreciation cost to the base price. Appreciation costs can be derived from the exclusivity and demand of a particular die-cast scale model. A diecast model will only have a higher resale value if it is highly exclusive. Prices increase in proportion to the increase in rarity, exclusivity, base price, or collectible status of a particular model. These consumer-specific challenges are expected to negatively impact the global diecast model car market.

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Market Segmentation and Revenue Generating Segment
The Diecast Model Cars Market report is segmented by end users (Collectors and Non-collectors), Application (Cars and Bikes) and Geography (North America, EuropeACPA, South Americaand MEA).

The growth in the market share of die-cast model cars by the collectors segment will be important for revenue generation. Collectors are car enthusiasts who are willing to spend a premium price to get a more accurate, detailed and authentic die-cast model. Preferred diecast scale sizes would be mainly 1:4, 1:8, 1:12 and 1:18. This segment dominated the market and is expected to garner more shares over the forecast period. However, the collector segment will generate higher revenue, due to a strong preference for higher quality die-cast models.

See our sample report for additional information on the contribution of all segments and regional opportunities in the report.

Some companies mentioned

    • Amalgam collection
    • Bburago International Inc.
    • Exoto inc.
    • Hamleys of London Ltd.
    • Hornby Hobbies Ltd.
    • Jada Toys Inc.
    • KYOSHO Corp.
    • Maisto International Inc.
    • Mattel Inc.
    • NOREV
  • To access more supplier profiles with their key offerings available with Technavio, Click here

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Scope of the Diecast Model Cars Market

Report cover

Details

Page number

120

Year of reference

2020

Forecast period

2021-2025

Growth momentum and CAGR

Accelerate at a CAGR of 6%

Market Growth 2021-2025

$1.19 billion

Market structure

Fragmented

Annual growth (%)

5.36

Regional analysis

North America, Europe, APAC, South America and MEA

Successful market contribution

North America at 35%

Main consumer countries

United States, Germany, United Kingdom, Italy and China

Competitive landscape

Leading companies, competitive strategies, scope of consumer engagement

Profiled companies

Amalgam Collection, Bburago International Inc., Exoto Inc., Hamleys of London Ltd., Hornby Hobbies Ltd., Jada Toys Inc., KYOSHO Corp., Maisto International Inc., Mattel Inc. and NOREV

Market dynamics

Parent Market Analysis, Market Growth Drivers and Barriers, Fast and Slow Growing Segment Analysis, Impact of COVID-19 and Future Consumer Dynamics, Market Condition Analysis for the forecast period.

Personalization area

If our report does not include the data you are looking for, you can contact our analysts and customize the segments.

Main topics covered:

  • Summary
  • Market landscape
  • Market sizing
  • Five forces analysis
  • Market segmentation
  • Customer landscape
  • Geographic landscape
  • Supplier Landscape
  • Vendor analysis
  • appendix

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