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Model Kits for Hobbyists Market to grow by USD 219 Million from 2024-2028, driven by increasing middle-class disposable income, Report on how AI is driving market transformation – Technavio

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NEW YORK, Jan. 30, 2025 /PRNewswire/ — Report with the AI impact on market trends – The global model kits for hobbyists market size is estimated to grow by USD 219 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  3.65%  during the forecast period. Growing disposable income of middle-class population is driving market growth, with a trend towards growing application of 3d printing. However, seasonal demand and short life of merchandise and collectibles  poses a challenge. Key market players include ABER, Academy Plastic Model Co. Ltd., Accurate Armour Ltd, Aoshima Bunka Kyozai Co. Ltd., Arma Hobby S.C., Dragon Models Ltd., Hasegawa Corp., Heller Hobby GmbH, Hong Kong Models Co. Ltd, Hornby Hobbies Ltd., Italeri SpA, Moebius Models, Motormax Toy Factory Ltd., Ningbo Weijun Culture Development Co. Ltd. , Revell GmbH, Round2 Corp. LLC, Tamiya Inc., TM MINIART MODELS, Waltersons Industries Group Ltd., and Yatai Electric Appliances Co. Ltd..

Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF

Model Kits For Hobbyists Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 3.65%

Market growth 2024-2028

USD 219 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

3.38

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 36%

Key countries

US, UK, Germany, China, and Japan

Key companies profiled

ABER, Academy Plastic Model Co. Ltd., Accurate Armour Ltd, Aoshima Bunka Kyozai Co. Ltd., Arma Hobby S.C., Dragon Models Ltd., Hasegawa Corp., Heller Hobby GmbH, Hong Kong Models Co. Ltd, Hornby Hobbies Ltd., Italeri SpA, Moebius Models, Motormax Toy Factory Ltd., Ningbo Weijun Culture Development Co. Ltd. , Revell GmbH, Round2 Corp. LLC, Tamiya Inc., TM MINIART MODELS, Waltersons Industries Group Ltd., and Yatai Electric Appliances Co. Ltd.

Market Driver

The hobbyists market for model kits is experiencing significant growth, driven by increased access to TV and the internet among the middle-class population. Online sales are on the rise, with trends like 3D printing, licensed merchandise from movies and TV franchises, and eco-consciousness shaping consumer behavior. Replicas of vehicles, aircraft, and ships are popular choices, appealing to both nostalgia and the educational value of craft. E-commerce platforms and digital design tools enable home-based activities. Limited editions and collector items are in high demand, with sustainable packaging a priority. Strategic engagements, such as collaborations with brands like Tamiya, Round 2, and Military Command, boost sales. Model kits for cars, planes, tanks, ships, characters, and even architecture are available as snap-together kits or scale models for static display. The consumer base includes children, hobbyists, and those seeking technological insights. Hobby model building offers a unique blend of service launches, customization, community building, and salesmanship. High-cost, high-quality models cater to collectors, while the demand for science fiction and military vehicles remains strong. Craft stores continue to be a mainstay, but online platforms are increasingly important. 

The 3D printing trend is revolutionizing the collectible and model kit market, presenting both opportunities and challenges. Affordability of 3D printers is increasing, potentially leading to an expansion of the market. However, this development may result in copyright and trademark infringements. In response, licensors are granting licenses to 3D printing companies, allowing access to specific assets and distinguishing their merchandise. Notable 3D printer suppliers like Stratasys, MakerBot, and 3D Systems have secured such licenses for royalties. This approach enables licensors to protect their intellectual property and monetize do-it-yourself merchandise. 

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Market Challenges

The hobbyists market for model kits is experiencing significant growth, driven by the expanding middle-class population with increased access to TV and the internet. Online sales are surging, with trends like 3D printing, licensed merchandise from movies and TV franchises, and eco-consciousness shaping consumer behavior. Hobbyists seek replicas of vehicles, aircraft, and ships, fueled by nostalgia and the educational value of craft. E-commerce and digital design enable home-based activities, while customization and community building are key engagement strategies. Brands like Tamiya, Plastic Model, and Scale Model offer a range of static display kits, from military vehicles to civilian cars, tanks, ships, character models, and even architecture. Limited editions and collector items demand high costs, making sustainable packaging essential. Strategic collaborations with filmmaking, military command, and science fiction brands boost sales. Consumers value customization, service launches, and offline stores. The market includes Snap-together models, craft stores, and online platforms. Consumer base engagement through environmental sustainability initiatives is crucial. Brands like Tamiya, Round 2, and Military Command cater to various niches, including architectural models and filmmaking. Salesmanship and strategic engagement are crucial for success. Model kits cater to children’s demand and offer technological insights.Effective merchandise management is crucial for retailers in the model kits for hobbyists market. Due to the volatile nature of consumer demand, retailers must accurately forecast demand and procure merchandise accordingly. Model kit manufacturers frequently introduce new product categories or discontinue existing ones based on shifting consumer preferences. The sector’s fragmented vendor landscape further complicates the sourcing process. Additionally, the popularity of TV shows and movies, which drives a significant portion of sales, is often short-lived. Retailers must act swiftly to capitalize on the novelty of new releases and collaborate with manufacturers and licensors to secure desirable merchandise.

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Segment Overview 

This model kits for hobbyists market report extensively covers market segmentation by  

Type 1.1 Automobiles1.2 Military vehicles1.3 Aircraft1.4 Ships1.5 OthersEnd-user 2.1 Beginner2.2 ProfessionalGeography 3.1 North America3.2 Europe3.3 APAC3.4 South America3.5 Middle East and Africa

1.1 Automobiles-  The model kits for hobbyists market is primarily driven by the popularity of automobile-related models. Enthusiasts continue to show a strong interest in recreating iconic vehicles, such as the Ford Mustang and classic European sports cars like the Porsche 911. Modern hyper cars, like the Bugatti Chiron, have also gained significant traction. Intricate modification kits are on the rise, enabling hobbyists to personalize their models with unique paint jobs, decals, and aftermarket parts. Technological advancements have led to more detailed and realistic kits, enhancing the overall hobbyist experience. Traditional plastic models remain prevalent, but specialized areas, such as remote-controlled model cars and metal DIY kits, are expanding to cater to diverse automobile hobbyist needs. These factors are anticipated to fuel the expansion of the global model kits for hobbyists market throughout the forecast period.

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Research Analysis

The hobbyists market, fueled by the growing middle-class population and increased access to media like TV and the internet, has seen in demand for model kits. Online sales have become increasingly popular, with e-commerce platforms and digital design tools enabling hobbyists to create and purchase models from the comfort of their homes. 3D printing technology has also revolutionized the industry, allowing for more intricate and customizable models. Movie and TV franchise tie-ins, licensed merchandise, and nostalgia are major drivers of sales in this market. Replicas of vehicles, aircraft, military equipment, and ships are popular choices, catering to a wide range of interests and hobbies. The educational value of model building is another significant factor, making it a home-based activity that fosters creativity and skill development. Eco-consciousness is a growing trend in the hobbyists market, with an increasing demand for sustainable packaging and limited-edition, collector items. Online platforms and community building have also become essential components of the industry, allowing hobbyists to connect and share their creations with others.

Market Research Overview

The hobbyists market for model kits is experiencing significant growth, fueled by the expanding middle-class population with increased access to TV and the internet. Online sales are surging, with 3D printing and digital design enabling customization and home-based activities. Licensed merchandise from movies and TV franchises is driving demand, particularly for replicas of vehicles, aircraft, and character models. Nostalgia plays a role, with collectors seeking limited editions and sustainable packaging for their prized items. Eco-consciousness and consumer behavior trends favor online platforms and community building. Model kits come in various forms, including plastic and snap-together models for static display, and cater to diverse interests such as military vehicles, civilian vehicles, architecture, and even filmmaking. Salesmanship and strategic engagement are key for brands like Tamiya Models, Plastic Model, Scale Model, and Kit, as they cater to a wide consumer base. Collaborations with military commands, Round 2, and other entities add value. High-cost, high-tech models cater to hobbyists, while eco-friendly materials and sustainable practices appeal to the environmentally conscious. Science fiction and nostalgia continue to inspire new releases, with demand from children and adult collectors alike.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

TypeAutomobilesMilitary VehiclesAircraftShipsOthersEnd-userBeginnerProfessionalGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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IdentityIQ Expands Access to Identity Protection and Financial Wellness Tools with New Spanish-Language Experience

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September 1, 2026

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New Spanish-language version brings identity protection, credit monitoring and financial health resources to more than 41 million Spanish-dominant speakers in the U.S.

TEMECULA, Calif., Sept. 1, 2026 /PRNewswire/ — IdentityIQ, a leading provider of identity theft protection, credit monitoring and financial wellness solutions, today announced the launch of new plans now in Spanish, expanding access to comprehensive identity and credit protection to more than 41 million Spanish-dominant speakers in the United States.

The new Spanish-language experience gives consumers the ability to enroll, access their member dashboard and manage their financial health entirely in Spanish. The launch also supports B2B partners serving Spanish-speaking customers with a localized partner experience.

“Financial protection shouldn’t depend on language,” said Rick Eggleton, chief revenue officer for IDIQ, which operates the IdentityIQ brand. “Our Spanish-language offering gives millions of consumers greater access to the tools they need to protect their identity, credit and financial health.”

The Spanish-language plans include IdentityIQ’s most comprehensive suite of identity protection and financial wellness tools, including credit monitoring, dark web monitoring, identity theft alerts, credit score tracking, optional rent and utility payment reporting, credit education and other financial health resources.

The launch addresses a significant gap in the financial services marketplace, where language barriers can limit access to tools that help consumers monitor their credit, detect potential identity theft and build stronger financial profiles.

“This is more than translating a product,” Eggleton said. “It’s about making identity protection and financial wellness easier to understand, easier to access and more relevant to Spanish-speaking consumers.”

The launch reflects IdentityIQ’s broader commitment to making identity protection and financial wellness more accessible to underserved communities. By offering its core services in Spanish, IdentityIQ is helping remove language barriers that can make it more difficult for consumers to understand and actively manage their credit and financial health.

The Spanish-language launch also expands opportunities for IdentityIQ’s B2B partners to provide identity protection and financial wellness benefits to Spanish-speaking customers and employees.

“Everyone should have the opportunity to understand and take control of their financial wellness,” Eggleton said. “Expanding our premium plan in Spanish is an important step toward making that possible for millions of consumers.”

For more information on IdentityIQ’s Spanish-language plans and its comprehensive identity protection, credit monitoring and financial wellness solutions, visit https://www.identityiq.com.

About IdentityIQ

IdentityIQ®, offered by IDIQ®, is a leading provider of identity theft protection, credit monitoring and financial wellness solutions. IdentityIQ helps consumers monitor and protect their identities, credit and personal information through comprehensive monitoring, alerts and recovery support services.

View original content:https://www.prnewswire.com/news-releases/identityiq-expands-access-to-identity-protection-and-financial-wellness-tools-with-new-spanish-language-experience-302866626.html

SOURCE IDIQ

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BKF Appoints Andrew Esposito Chief Financial Officer

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September 1, 2026

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People-focused AEC industry veteran appointed to support strategic growth

OAKLAND, Calif., Sept. 1, 2026 /PRNewswire/ — BKF, the premier AEC firm in the Western United States, today announced the appointment of Andrew Esposito as Chief Financial Officer, a strategic addition to its executive leadership team as the firm continues to invest in growth, expand its market presence, and pursue new opportunities across the region.

A proven financial and operational leader, Esposito brings extensive experience guiding organizations through periods of expansion while maintaining a strong focus on culture, performance, and long-term value creation. As CFO, Esposito will lead BKF’s financial strategy and operations, helping position the firm for its next chapter of growth while supporting the company’s commitment to employees, clients, and strategic partners.

“Andrew brings a rare combination of financial acumen, operational insight, and people-centered leadership to BKF,” said CEO Darren Riegler. “He understands that the most successful organizations are built on a foundation of trust, shared values, and disciplined growth. His experience and perspective will help us continue expanding our impact, strengthening our partnerships, and creating long-term value for our people and our partners.”

Most recently, Esposito served as CFO at WSP USA, where he had end-to-end responsibility for the finance operations of an approximately $8 billion business. During his tenure, he helped scale the finance organization through a threefold increase in revenue and headcount. He also played a senior role in more than a dozen acquisitions and carve-outs totaling approximately $5 billion in transaction value.

“Strong financial performance and strong organizations are built together,” said Esposito. “From the beginning, I was drawn to BKF’s culture, energy, and strong sense of purpose, as well as its reputation for innovation, client focus, and sustained growth. I’m excited to work alongside the leadership team to build on that momentum, support the firm’s long-term success, and help advance our shared vision of becoming the preeminent infrastructure firm in the Western U.S.”

The appointment comes as BKF continues to execute its growth strategy, building on the successful merger with MNS and acquisition of Lotus Water to expand its capabilities and deliver greater value across the full project lifecycle.

About BKF

For more than 110 years, BKF has partnered with public and private clients to plan, design, and deliver infrastructure projects that strengthens communities throughout the Western United States. With more than 800 people across 20 offices, BKF provides planning, engineering, surveying, program and construction management, and consulting services for transportation, water, government, and land development projects.

Our mission is simple: Do great work, grow a thriving business, and delight our clients. We believe great infrastructure starts with strong relationships, collaboration, and a shared vision for building a better future. Together with our clients, BKF tackles the region’s most complex challenges and creates lasting impact in the communities where we work.

For more information, visit bkf.com

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The World Is Invited: Edison Awards Opens Nominations for Its 40th Anniversary Year

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September 1, 2026

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A Global Icon of Innovation Marks Four Decades — And Calls On Innovators Everywhere to Step Forward

FORT MYERS, Fla., Sept. 1, 2026 /PRNewswire-PRWeb/ — Forty years ago, a handful of bold ideas changed how the world lives, works, and moves. Today, the Edison Awards, one of the world’s most recognized names in innovation, throws open its doors for its landmark 40th anniversary, inviting innovators, entrepreneurs, and enterprises on every continent to put their breakthroughs on the world stage.

“We are seeing extraordinary innovation emerge from every region of the world, and our 40th year is a chance to recognize just how far this global community of innovators has brought us and how much further we’ll go together,” said Frank Bonafilia, CEO of the Edison Awards.

Starting September 1, 2026, nominations open for the 2027 Edison Best New Product Awards™. Whether it’s a five-person startup team working out of a garage or a Fortune 500 R&D powerhouse, the invitation is the same: bring the innovation you’re proudest of and let the world see it. Nominations close December 15, 2026, with winners revealed in March 2027.

“Forty years ago, the Edison Awards set out to celebrate the innovators bold enough to reimagine what’s possible and that mission has only grown more urgent, and more global, with every passing year,” said Frank Bonafilia, CEO of the Edison Awards. “This anniversary year is shaping up to be our most exciting yet. We are seeing extraordinary innovation emerge from every region of the world, and our 40th year is a chance to recognize just how far this global community of innovators has brought us and how much further we’ll go together.”

Four Decades of Naming What’s Next

Since 1987, the Edison Awards has celebrated the products and ideas that went on to define entire industries in health, sustainability, mobility, and technology. Forty years in, the program isn’t slowing down: it’s expanding, honoring nominees from startups to global enterprises, from every corner of the map.

Two New Awards Built for a Global Stage

Two new honors join the program: The Global Excellence Award, for the best innovation across five regions North America, Latin America, Europe, Middle East & Africa, and Asia-Pacific and The Innovation at Scale Award, honoring standout innovation from Startup/Emerging (under 10 employees) to Global Enterprise (5,000+ employees).

2027 Award Categories

Commercial Technology, Consumer Solutions, Critical Human Infrastructure, Cultural Impact & Education, Energy & Climate Resiliency, Engineering & Robotics, Health, Medical & Biotech, Lifestyle, Entertainment & Design, Manufacturing & Logistics, Materials Science, Public Safety, Security & Digital Integrity, Software Solutions, Transportation, Aerospace & Flight, and Water, Food & Agriculture.

The Call Is Open — Here’s How to Answer It

Early Bird: September 1 – October 15, 2026. General: October 16 – December 15, 2026.

Eligible products launched January 2025–January 2027, judged on Concept, Value, and Impact.

Be counted among them. Submit your nomination at www.edisonawards.com.

About The Edison Awards: Established in 1987, the Edison Best New Product Awards™ honor excellence in product and service innovation transforming how we live, work, and play. Inspired by Thomas Edison’s legacy, the program recognizes game-changing solutions worldwide, offering global recognition, credibility, and connections that drive growth.

Media Contact

Frank Bonafilia, Edison Awards, 1 7732305744, fbonafilia@edisonawards.com, https://edisonawards.com/

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