2018-2023 Board Games Market - Global Outlook and Forecast

This market research report on global board games market offers analysis on market size & forecast, market share, industry trends, growth drivers, and vendor analysis. The market study also includes insights on segmentation by product type (tabletop games, card & dice games, collectible card games, miniature games, and RPG games), by theme type (strategy & war games, educational games, fantasy games, sport games, and others), by distribution channel (online and retail), and by geography (APAC, Europe, North America, Latin America, and MEA).

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Game elements, problem-solving skills, and discussions with fellow team members aid in facilitating active learning amongst end-users in the global market. Factors such as problem-solving skills and critical thinking in team-oriented games allow players to build communication and relationship skills with consumers in the market. The global board games market is anticipated to reach values of more than $12 billion by 2023, growing at a CAGR of over 9% during 2017-2023.

Board Games Market Dynamics:

The growing number of games café worldwide is helping companies attract a large number of consumers is the global board games market. These game bars and cafes are witnessing a remarkable success and gained immense popularity across the globe over the past few years. The rapid proliferation of game cafes is encouraging adults and teenagers to connect for meaningful interactions and discover new games in the global market. A wide variety of games are now being produced to target for every age group and help attract a new group of consumers in these bars and cafes across the global market. The concepts of these business models are highly popular in Western European countries such as the UK and France and in the North American region. The high disposable income of millennial will help generate high revenues in the global board games market. For instance, in the US, over 5,000 board games cafes were opened alone in 2016.

Board Games Market Segmentation:

This market research report includes a detailed segmentation of the market by product type, theme type, distributional channels, and geography.

Board Games Market By Product Type:

Strategy-oriented tabletop games to boost sales in the global board games market during the forecast period

Board Games Market By Theme Type:

Stimulated strategy games gain popularity in the global board games market during the forecast period

Board Games Market By Distribution Channel:

Retail segment dominates the largest share in the global board games market during the forecast period

Board Games Market By Geography

The US in North America leads the largest share in the global board games market

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Key Vendor Analysis

The global board games market is moderately concentrated and the top players dominate the largest share. The leading vendors are rapidly leveraging technological advancement to offer innovations and upgrades to a large number of consumers in the global market. The presence of various local and international publishers will result in intensified competition in the global market. The players are expanding their business and distribution networks across developing economies such as China and India to gain a larger global board games market share. The top manufacturers are competing on the basis of gameplay, differentiation, game genre, and platform type. The players are focusing on digitalization and developing supporting mobile applications to enhance customers’ experiences in the market.

The major vendors in the global market are:
• Asmodée Éditions (Group)
• Hasbro
• Mattel
• Ravensburger

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Key market insights include:

1. The analysis of the global board games market provides market size and growth rate for the forecast period 2018-2023.

2. It offers comprehensive insights into current industry trends, trend forecast, and growth drivers about the global board games market.

3. The report provides the latest analysis of market share, growth drivers, challenges, and investment opportunities.

4. It offers a complete overview of market segments and the regional outlook of the global board games market.

5. The report offers a detailed overview of the vendor landscape, competitive analysis, and key market strategies to gain competitive advantage.

The global board games market is driven by low-end priced games offered by local vendors that add revenue to the market owing to their lower prices. The technological development leads to high-quality products that are better in term of ease of usage, skillsets, and designs in the global market. The market research report provides in-depth market analysis and segmental analysis of the global board games market by product type, theme type, distributional channels, and geography.

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