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Global Board Games Market Expected to Reach USD 28,446 Million by 2027


Global Board Games M

iCrowdNewswire   Jan 12, 2021  11:00 AM ET

Global Board Games Market By Manufacturer

According to a recent market study published by Growth Market Reports (GMR), titled, “Global Board Games Market by Product Type, Games Type, Material, Distribution Channels and Region: Size, Share, Trends and Opportunity Analysis, 2017-2027”, the market was valued at USD 13,281 Million in 2019 and is expected to grow at a growth rate of 9.9% by the year 2027.

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The global board games market is anticipated to grow owing to rise in the adoption of the board games at several cafes, which constitutes for the growth of the market. Moreover, the rising popularity of the board games among millennials also contributes for the growth of the market. Some of the games including the war games, role play games and strategy-based games have gained popularity among teenagers, which constitutes for the growth of the market. Moreover, the rising adoption of the educational games in educational institutes to increase the team building activities among children boosts the demand for the board games.

The global board games market is fragmented based on product types, games types, materials, distribution channels and region. Based on product types, the board games market is segmented into tabletop games, card and dice games, collectible card games, miniature games, and RPG games. Based on game types, the global board games market is segmented into strategy and war games, educational games, fantasy games, sport games and others. Based on material, the board games market is segmented into plastic, wood & cardboard and others. In terms of distribution channel, the market is segmented into online, and offline. The offline segmented is further sub-segmented into large format stores, specialty stores, and small retail stores.

Based on region, the global board games market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as the US, and Canada. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, Asia Pacific is further segmented into, India, China, South Korea, Australia, Japan, and Rest of Asia Pacific. The Europe region is further categorized into UK, France, Germany, Italy, Spain, Russia, and Rest of Europe, and the MEA region is further divided into GCC, Turkey, and Rest of Middle East & Africa (MEA).

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As per GMR industry analyst Rajat Verma, “The Global Board Games market is anticipated to witness significant growth during forecast period 2020-2027. The market is driven by the rising popularity of the board games among teenagers, and the rising disposable income, which has led to the rise in the adoption of the board games, thereby boosting the growth of the market. The increasing opportunities for board game manufacturers in emerging markets contributes for the growth of the market.

Key Takeaways from the Study:

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Report Scope:

Report Metric

Details

Market Value in 2019

USD 13,281 Million

Market Growth Rate (from 2021 to 2027)

9.9%

Historical Data

2017 & 2018

Base Year

2019

Forecast Period

2020 – 2027

Units Considered

Value (US$ Million)

Market Segments

By Product Types, By Game Types, By Material, and Distribution Channel

Regional Scope

North America, Europe, Latin America, Asia Pacific, Middle East & Africa (MEA)

Country Scope

US, Canada, Brazil, Mexico, Rest of Latin America, India, China, Japan, South Korea, Australia, South East Asia, Rest of Asia Pacific, U.K., France, Germany, Italy, Spain, Russia, Rest of Europe, GCC, Turkey and Rest of MEA.

Key Companies Profiled

Asmodee North America, Inc., Buffalo Games, Clementoni S.p.a., CMON, Epoch Everlasting Play, Games Workshop Group PLC, Hasbro, Inc., IELLO USA LLC, INILLC.COM, LongPack Games, Mattel, Inc., NECA/WizKids LLC, Melissa and Doug, Ravensburger North America, Inc., The Walt Disney Company, Ultra PRO International LLC, and University Games Corporation

Customization Scope

Report customization available on request

Pricing and Purchase Options

Avail tailor-made purchase options to meet your research requirements.

Target Audience:

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