Market Forecast By Products (Plastic Made, Wooden Made, Other Materials Made), By Applications (Used as Sports Gears, Used as Toys, Used as Decorations, Others) And Competitive Landscape
|Product Code: ETC434014||Publication Date: Dec 2022||Product Type: Market Research Report|
|Publisher: 6Wresearch||No. of Pages: 75||No. of Figures: 35||No. of Tables: 20|
Turkey Boomerangs Market is expected to grow during the forecast period owing to the growing popularity of recreational activities such as camping and hiking. Moreover, the increasing number of supermarket chains and hypermarkets is also anticipated to propel the growth of the boomerangs market in the impending years. The two types of boomerangs are Traditional Boomerangs and Modern Boomerangs. The traditional style boomerangs are made up of wood, bone, and can be either single- or double-bladed. They are typically shorter in length and narrower in width than modern boomerangs. They are more expensive due to their higher quality materials. On the other hand, the Modern Boomerangs are made up of lighter materials such as plastic and composites, which make them more durable. These boomerangs are cheaper than traditional ones. Turkey boomerangs are available in different sizes, shapes, and colours to match with the requirements of different applications.
According to 6Wresearch, Turkey Boomerangs Market is expected to grow during 2022-2028. The Turkey Boomerang Market is growing owing to increasing expenditure on leisure activities among the population. The market is also projected to witness a rising demand from emerging economies such as China and India due to their growing tourism sectors. However, the increasing prices of materials and labour force are likely to restrain the Turkey Boomerangs Market growth over the forecast period. Moreover, the key reasons for this growth include increasing popularity among athletes, recreational users and collectors, increasing demand for eco-friendly products, growing recreational activities among the population, and the growing trend of using novelty items, and growing awareness about environmental conservation issues arising from continued usage of traditional throwing instruments such as javelins.
The Turkey Boomerangs Market has been adversely impacted by the outburst as production and supply chains have been disrupted amid the crisis which leads to scarcities of raw materials and finished goods. The demand for Turkey Boomerangs has decreased as people followed quarantine measures and avoided outdoor activities due to the fear of getting infected. This has led to a decline in sales and revenue for manufacturers and retailers. Moreover, the economic impact of COVID-19 has further hampered the demand for Turkey Boomerangs Industry. Despite these challenges, the Turkey Boomerangs Market is expected to recover in the coming years.
On the basis of Products, the market includes Wooden Made, Plastic Made, Other Materials Made. All these types of products are expected to witness significant development over the forecast period on the account of increasing demand for boomerangs and growing popularity of recreational activities.
In terms of Applications, the market is bifurcated into Used As Sports Gears, Used As Decorations, Used As Toys, and Others. In general, the boomerangs are used for variety of applications such as commercial and industrial. Each of the application segment hold the maximum share of Turkey Boomerangs Market over the forecast period.
The Turkey Boomerangs market is highly competitive with a large number of players operating in the market. The key players in the industry are focusing on intensifying their product portfolio and geographical presence to gain a competitive edge over their competitors. On the other hand, manufacturers produce high-quality products that are precise and reliable in nature, while others produce low-quality products that are often inaccurate.
The report offers a comprehensive study of the subsequent market segments: