Model Rocket Global Market Report 2025

The model rockets market size has grown strongly in recent years. It will grow from $1.26 billion in 2024 to $1.35 billion in 2025 at a compound annual growth rate (CAGR) of 7%. The growth during the historical period can be attributed to a rising interest in space exploration, the increasing popularity of educational STEM programs, hobbyist communities and clubs that promote model rocketry, government and educational support for hands-on learning, and growing disposable income that supports recreational hobbies.

The model rockets market size is expected to see strong growth in the next few years. It will grow to $1.74 billion in 2029 at a compound annual growth rate (CAGR) of 6.6%. The growth in the forecast period is expected to be driven by a focus on reusable rocket components to reduce costs, increasing awareness of environmental sustainability in model rocket design, the expansion of e-commerce platforms, the rise of competitive model rocket events and leagues, and a greater emphasis on eco-friendly rocket fuel and materials. Key trends in the forecast period include advancements in materials and technology, the integration of advanced propulsion systems in model rockets, the development of smart model rockets with GPS tracking, increased customization and personalization of model rocket kits, and advancements in 3D printing for custom rocket parts.

The growth in outdoor recreational activities is expected to drive the expansion of the model rocket market. Outdoor recreational activities encompass a wide range of activities that people engage in for enjoyment, physical exercise, or relaxation in natural environments. The increasing interest in health and wellness is a major factor fueling this growth, as more people seek to improve their physical fitness, mental well-being, and overall quality of life through activities such as hiking, cycling, and sports. Model rockets contribute to outdoor recreation by offering an engaging, hands-on experience that combines education, creativity, and excitement. These activities help participants explore principles of physics and engineering while promoting teamwork, problem-solving skills, and a deeper appreciation for science and nature. For example, in 2023, the Outdoor Industry Association reported that the number of outdoor recreation participants in 2022 increased by 2.3%, reaching a record high of 168.1 million people, which represents 55% of the U.S. population aged six and older. As a result, the growth in outdoor recreational activities is driving the model rocket market forward.

Companies in the model rocket market are also focusing on developing innovative solutions such as rocketry workshops to engage enthusiasts and promote STEM (Science, Technology, Engineering, and Mathematics) education. Rocketry workshops are hands-on educational sessions where participants learn about rocket design, construction, and launch techniques. These workshops help enthusiasts build rockets safely, understand aerodynamics, and improve flight performance through practical experience. For instance, in November 2024, the Indian National Space Promotion and Authorization Centre (IN-SPACe), in collaboration with the Astronautical Society of India (ASI) and ISRO, launched the IN-SPACe Model Rocketry India Student Competition 2024. The initiative aims to foster hands-on learning in rocketry and spark interest in space science among students across India. The program includes workshops, mentorship from aerospace experts, and access to model rocketry kits, enabling students to design, build, and launch their own rockets. This initiative encourages innovation, strengthens STEM education, and inspires the next generation of space scientists and engineers.

In December 2024, Blue Origin, a U.S.-based private aerospace company, partnered with Estes Industries, a U.S.-based manufacturer of model rockets, to develop a collection of spaceflight-themed model rockets. The partnership aims to blend education and hobbyist interests, inspiring future explorers, engineers, and scientists through space-themed rocketry. Estes Industries specializes in creating model rockets and rocketry-related products, and this collaboration intends to engage a new generation with the excitement of space exploration.

Major players in the model rocket market are Lego Group, Estes Rockets, AeroTech, Madcow Rocketry, Apogee Components, Always Ready Rocketry, Quest Aerospace, Pratt Hobbies, SierraFox Srl, Custom Rocket Company, ASP Rocketry, MPC Rocket, Aggressor Aerospace Rocketry, Altus Metrum, Vaughn Brothers Rocketry, model rocket shop, Semroc Rocketry, North Coast Rocketry, Dynastar, Entacore.

North America was the largest region in the model rockets market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in model rocket report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the model rocket market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

A model rocket is a small, lightweight rocket designed for educational or recreational use. It is powered by solid rocket engines and constructed from safe, lightweight materials. After launch, it employs a recovery system, such as a parachute, to return safely to the ground.

The main types of model rockets include single-stage rockets, multi-stage rockets, and rocket kits. A single-stage rocket features a simple design with one engine and a fuel compartment that propels the rocket upward in a single phase before deploying a recovery system. Materials used in model rockets include plastic, wood, composite, and metal, while engine types consist of black powder engines and composite engines. Model rockets are utilized for a variety of purposes, including education, hobbies, and research.

The model rockets market research report is one of a series of new reports that provides model rockets market statistics, including model rockets industry global market size, regional shares, competitors with a model rockets market share, model rockets market segments, market trends, and opportunities, and any further data you may need to thrive in the model rockets industry. This model rockets market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The model rocket market includes sales of model rocket kits, rocket engines, launch pads, launch controllers, recovery systems, accessories, and educational materials. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values and are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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