Frisbees Market Size, Share, Growth, and Industry Growth by Type (Adult and Child) By Application (Fitness＆Recreation and Competition＆Training), Regional Insights, and Forecast From 2023 to 2031

Updated On: 13 November 2023

Frisbees Market REPORT OVERVIEW

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The global frisbees market size is expanded rapidly in 2022 and market is expected to generate substantial revenue by 2031, exhibiting a high compound annual growth rate (CAGR) from 2022 to 2031.

A frisbee, which is pronounced "FRIZ-bee," is a gliding toy or sporting good that is typically made of injection-molded plastic and measures approximately 8 to 10 inches (20 to 25 cm) in diameter with a prominent lip. It is also known as a flying disc or just a disc. It is used for throwing and catching in competitive and recreational settings, such as in flying disc games. In comparison to a flat plate, the disc's shape—an airfoil in cross-section—allows it to fly by lowering drag and raising lift as it passes through the air. The disc can be thrown far and accurately because spinning it produces a stabilizing gyroscopic force.

COVID-19 Impact: Limitations on Lockdown Will Increase Product Sales During Pandemic

Children spend most of their time at home during the COVID-19 pandemic since schools are closed. This will increase the market for larger playing figurines that keep kids entertained for longer. Kids will also become more interested in educational and construction-themed games throughout the epidemic time. Youngsters are more susceptible to the coronavirus than adults since they spend more time outdoors when physically shopping for these products than when they stay inside. Parents therefore use caution while making purchases from physical stores during the pandemic. The sales of products from physical retailers have been affected.

LATEST TRENDS

"Creative Toy Packaging is Becoming More Popular, Which Will Spur Market Expansion "

Companies’ emphasis offering a variety of frisbees to delight children while they unpack the boxed goods. Kids may become interested in playing with these goods as a result, which will boost the expansion of the toy sector. The global population's current gift-giving practices will also increase the rate at which the product is consumed. Furthermore, because these play kits give the youngsters a calming scent to smell, scented products have become more and more popular. The growing craze for frisbees among children is anticipated to accelerate the expansion of the entire business in the near future. 

Frisbees Market Segmentation

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• By Type Analysis

By type, the frisbees market is segmented into adult and child.  

The adult segment will dominate the frisbees market in the coming years.

• By Application Analysis

Based on applications, the frisbees market is fitness recreation and competition training.  

The fitness recreation segment will lead the global share through 2028.

DRIVING FACTORS

"Growing Toy Company Social Media Impact to Drive Market Expansion "

Organizations are concentrating on forming alliances with various marketing firms and well-known social media influencers for creating content for youngsters in order to promote a strong brand image. This aids them in increasing their gaming-related earnings. Also, the rising demand for multicolored freebies among preschoolers is probably going to drive market expansion. By enabling their children to play educational games, parents today are able to augment their children's education outside of the classroom in a variety of ways. The consumer demand for the advanced educational basis product will increase as a result.  

"Latest Developments in Toy Technology to Foster Market Expansion"

 A number of businesses take part in various gaming technology events in the neighborhood. This encourages them to create more novel gaming products, which helps the industry thrive. For instance, the Council for the Promotion of International Trade (CCPIT) launched the "Boutique International Trade Fair Toy Fair," a play kit product to inspire regional and international producers to create cutting-edge gaming accessories. 

RESTRAINING FACTORS

"Growing Online Gaming Popularity Will Impact Market Growth   "

Kids love playing online games since they don't require a separate play set and can be played on smartphones and tablets. The expansion of the video console kit maker's enterprises will probably be hampered as a result, which will slow the growth of the sector. Also, since dolls and building play sets contain dangerous chemicals including phthalates, lead, and flame retardant chemicals, frequent cases of skin rashes linked to their prolonged use are influencing customer preferences. In addition, factors like increased product development and advertising costs and industry competition are making it difficult for the important companies to expand their markets. 

Frisbees Market REGIONAL INSIGHTS

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"North America to Hold the Largest Global Camping Sleeper Pad Market Share in Some Regions "

Since North America is spending more money on frisbees and other entertainment-related items, the area accounts for the highest portion of global frisbees market share revenue. Also, expanding gift-giving patterns among the populace are promoting industry expansion in the area. The recent government actions addressing the development of the industry in nations are blamed for the quickest growth in the north American region. To encourage domestic manufacturing, the Indian government, for instance, launched the Production Linked Incentive (PLI) program. As a result, the government is able to meet local demand for these goods, fostering market expansion. 

KEY INDUSTRY PLAYERS

"Key Players Focus on Partnerships to Gain a Competitive Advantage "

Prominent market players are making collaborative efforts by partnering with other companies to stay ahead in the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolio.

List of Market Players Profiled

• Discraft (U.S.)
• Waboba (Sweden)
• Wham-O (U.S.)
• Activ Life (U.S.)
• Champion Sports (U.S.)
• Aerobie (U.S.)
• Innova (U.S.)
• Decathlon (France)
• Gamecraft (India)
• MVP Disc (U.S.)
• Kübler Sport (Austria)
• Parada (Italy)
• Bureo (U.S.)
• Sunflex (UK.)
• Latitude 64° (Sweden)

REPORT COVERAGE

The market research study examines the worldwide market in detail, focusing on important elements such as leading players, product/services, or type, and leading end-use applications. Aside from that, the research analyses major advancements and provides insights into lighting market trends. In addition to the causes indicated above, the paper includes several other factors that have contributed to recent frisbees market growth in some regions.