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[BUSINESS] · New Zealand · 4 sources

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New Zealand hobby market sees growth in RC vehicle sector

New Zealand’s toys and hobby market is experiencing steady growth, generating approximately US$682.9 million in 2024. The sector is projected to maintain a compound annual growth rate of 3.66% through 2028.

Remote control vehicles, specifically RC cars and trucks, are driving significant interest across various demographics, ranging from entry-level consumers to competitive racers. This demand has led specialist retailers to expand product ranges and invest in parts availability. Brands such as Kyosho, Tamiya, Arrma, and HPI Racing are noted as key players in meeting the needs of enthusiasts who prioritize genuine parts and expert support over mass-market alternatives.

Entities

Arrma · Kyosho · New Zealand · RC Hobbies · Tamiya