Here is an opinion article from the April, 1957 issue of
Flying Models.
Quote:
Many model builders are bemoaning the apparent fact that the model industry has deserted them for the lure of big money in the field of powered toys and shelf models. A dissident chord simultaneously arises from manufacturers who decry the popularity of modelling and point out that interest is on the wane. It appears in this quarter that the truth lies somewhere between these two extremes.
. . .
For all of this, it appears that there is a big market for built-up models and that more smaller firms are finding it a profitable field. The larger firms, those which built up over the years, have expanded beyond the market capacity. All of this infers a settling toward two types of markets - one dealing with high production items and the second dealing with quality flying model aircraft.
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Fascinating stuff,
David