Industry Overview of Board Games Market
IMARC Group, a leading market research company, has recently releases report titled “Board Games Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global board games market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
How Big Is The Board Games Market?
The global board games market size reached US$ 15.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 29.7 Billion by 2028, exhibiting a growth rate (CAGR) of 11.2% during 2023-2028.
What are Board Games?
Board games are tabletop games that involve the use of counters or pieces on a designated board. They encompass a variety of games such as chess, weiqi, xiangqi, shogi, oware, scrabble, trivial pursuit, settlers of catan, clue, ticket to ride, uno, and many more. These games typically feature marked spaces and utilize tokens, dice, stones, cards, or other pieces to navigate and interact with the board. Board games provide valuable learning opportunities for children, as they help with counting spaces, recognizing colors, improving hand-eye coordination, and developing dexterity in manipulating cards and pieces. Moreover, board games promote focused engagement and offer structured opportunities for social interaction and entertainment.
What Are The Growth Prospects And Trends In The Board Games Industry?
The growing emphasis on team-building, active learning, and problem-solving skills development in children is a key driver for the board games market. These games are readily available through online and offline distribution channels, contributing to their global market growth. The expanding e-commerce sector plays a significant role in facilitating the availability and accessibility of board games. The increasing presence of game bars and cafes, along with the popularity of strategy and war-based games among teenagers and adults, further fuels the market. Additionally, the adoption of board games as a part of playschool activities in educational institutions contributes to market expansion. Moreover, major market players' investments in research and development activities, particularly in the integration of Virtual Reality (VR) technology to enhance the gaming experience, are expected to propel the board games market in the coming years.
What Is Included In Market Segmentation?
The report has segmented the market into the following categories:
Key Market Segmentation:
Product Type Insights:
Tabletop Games
Card and Dice Games
Collectible Card Games
Miniature Games
RPG Games
Game Type Insights:
Strategy and War Games
Educational Games
Fantasy Games
Sport Games
Others
Age Group Insights:
0-2 Years
2-5 Years
5-12 Years
Above 12 Years
Distribution Channel Insights:
Supermarkets and Hypermarkets
Specialty Stores
Online Stores
Others
Market Breakup by Region:
North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa
Who Are The Key Players Operating In The Industry?
The report covers the major market players including:
Buffalo Games
Cartamundi Asia Pacific
Clementoni Spa
CMON Limited
Franckh-Kosmos Verlags-GmbH and Co. KG
Fremont Die Consumer Products Inc.
Gibsons Games Ltd.
Goliath Games
Hasbro Inc.
Mattel Inc.
Mindware Inc.
PD Verlag GmbH and Co. KG
The Walt Disney Co., etc
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC Group’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact US
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Email: sales@imarcgroup.com
Follow us on Twitter: @imarcglobal
LinkedIn: https://www.linkedin.com/company/imarc-group/mycompany/