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China Playing Cards & Board Games Market Size, Industry Analysis, Growth Factors, Trends, and Forecast to 2025

03-22-2021 12:17 PM CET | Leisure, Entertainment, Miscellaneous

Press release from: Allied Market Research

China Playing Cards & Board Games Market

China Playing Cards & Board Games Market

The China playing cards & board games market is moderately concentrated and the top players dominate the largest share. Factors such as availability of raw materials, low labor cost, and larger production capabilities have resulted into low manufacturing cost, making China as the main exporter for the global playing cards & board games market. However, high shipping expenses, import duties and other tariffs acts as a restraint for many exporters. For instance, higher tariffs imposed on Chinese goods by the U.S. In addition, the emergence of new and cost effective manufacturing centers such as India & Vietnam are affecting the China playing cards & board games market. Furthermore, the leading vendors are rapidly leveraging technological advancement to offer innovations and upgrades to a large number of consumers in the market. Most of the playing cards & board games manufacturers in China are OEMs but now the manufacturers are focusing on R&D and taking the advantage of to develop new products. Thus, offering variety of new and innovative products to consumer. These 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 playing cards & board games market.

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The China playing cards & board games market size was valued at $583.8 million in 2018, and is projected to reach $1,675.4 million by 2025, registering a CAGR of 16.3% from 2018 to 2025. In 2017, the board games segment accounted for approximately two-thirds share in the China playing cards & board games market and is projected to grow at the highest CAGR of 19.2%.

The China playing cards & board games market is segmented on the basis of product type and competition type. By product type, the market is bifurcated into playing cards and board games. By competition type, it is studied across Tier 1, Tier 2, and Tier 3 companies.

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The China playing cards & board games market report contains competitive landscape for manufacturers and also provides extensive list of importers of the U.S. and Europe from China. The key companies profiled in the China playing cards & board games market report are ShangHai YaoJi Playing Card Co.,Ltd., Shenzhen YHD Packaging Products Co., Ltd., Shenzhen ITIS Packaging Products Co., Ltd, Shenzhen Yahong Color Printing Co., Ltd., Zhejiang Chinu Packing & Printing Co., Ltd., Ningbo Charron Industry Co., Ltd., Shenzhen Swarm Playing Cards Co., Ltd. Yangzhou Jinyi Stationery Co., Ltd., Yangzhou Jumbay International Trading Co., Ltd., and Dongguan Bright Sea Industrial Co., Ltd.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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