This is the best summary I could come up with:
“You have to have a lot of space for railway modelling and these days folk do not typically have a spare bedroom or loft kicking around unless they’re a retired boomer,” he said.
The phenomenal success over the last decade of hobby manufacturers including Lego and Games Workshop has demonstrated that the appetite for assembling scale models from large boxes of plastic parts is considerably deeper than many might have guessed.
In 2022, Hornby – still Britain’s leader in the space, and the owner of Airfix, Corgi and Scalextric – announced a search for a new chief executive, appointing the former head of Paperchase a year later.
“TT:120 was conceived to both create additional growth from existing enthusiasts and to open up the hobby to a new customer group, for whom the space required for the current 00 gauge was perhaps too much of a barrier to entry,” it said.
The bottomless world of the internet may be providing model railways with stiff competition for the interests of today’s youth, but it’s also opened up new possibilities.
Armed with a 3D printer, Google translate and historically cheap international shipping, the model railway community has become a global one.
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