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Darts Market Worth USD 821.42 million by 2029 : Cognitive Market Research

01-31-2023 12:22 PM CET | Sports

Press release from: Cognitive Market Research

Darts Market Worth USD 821.42 million by 2029 : Cognitive Market Research

Darts Market Worth USD 821.42 million by 2029 : Cognitive Market Research

As per Cognitive Market Research analysis, The Global Darts Market Size Was Valued at USD 518.10 Million in 2021 and is expected to grow at a CAGR of 4.32% during the forecast period, reaching USD 821.42 million by 2029.

Read Full Report with Table of Contents :
@-https://www.cognitivemarketresearch.com/darts-market-report

Darts is an indoor target game played by throwing feathered darts at a circular board with numbered spaces. It is played as a recreational pub game. Dart competitions typically involve a game in which the player throws three darts per visit to the dashboard. Increasing demand for pub games as recreational activities is a driving factor responsible for the growth of the darts market. In recent years, electronic dart boards are gaining huge popularity. Earlier electronic boards have the disadvantage of not being able to use steel darts on them but now advanced technology resolves this issue. In addition, the growing demand for playing precision games is another factor contributing to the growth of this market. However, increasing competition in the gaming industry may limit the growth of this market. Rapid advancements in gaming technology and new monetization models will provide new opportunities for the darts market in near future. Hence, the global revenue for games could grow by more than 50% over the next five years.

Regional Analysis of Darts Market:
• The Asia Pacific is growing at a significant CAGR during the forecast period. The emergence of sports activities with growing disposable income is anticipated to the growth of the market in the region. In Asia Pacific, bars and restaurants are significantly starting up dart leagues where teams compete against each, other over several weeks or months until a winner is announced. Europe is also one of the leading regions in the darts market. Darts is a pub game that is increasingly popular across the United Kingdom and Europe. Many players in Europe considered that gaming helped their mental health during lockdowns. For example, European gamers advised 16% felt this way, with those spending time on multiplayer genres feeling positive.

Top players involved in the Darts market:
- The global darts market involves key players such as
• Viper
• Harrows Darts
• WINMAU
• Arachni
• Bottelsen
• CUESOUL
• Black Widow
• KO Steel Tip Darts
• Carrera
• GLD Products
• Others

Current Trends:
• The recent trends in the darts market are customization and personalization. With the advent of social media, consumers are more aware of gaming platforms to play virtually. Darts are becoming more social events than just games you play alone at home or in your basement.

Segment Analysis:
• Based On Product Segment, the market is segmented into soft-tip darts and steel-tip darts. The soft-tip darts segment is acquired that major share in the darts market owing to consumers being more likely to adopt lightweight materials and soft-tip material is gaining popularity amongst players within some dart-playing communities, as it significantly minimizes the risk of injury. The most significant advent of soft-tip darts is they are used on digital dartboards.
- Soft-Tip Darts
- Steel-Tip Darts

• Based On The End Users, the market is categorized into amateur, professional, and others. It is quite common in amateur-level games playing significantly to see one or both players stuck for several turns.
- Amateur
- Professional
- Others

Related Report:
• Online Gaming Market - https://www.cognitivemarketresearch.com/online-gaming-market-report
• Video Game Market - https://www.cognitivemarketresearch.com/video-game-market-report
• Gaming Market - https://www.cognitivemarketresearch.com/gaming-market-report
• 3D Animation Market - https://www.cognitivemarketresearch.com/3d-animation-market-report

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
20 N State Street,Chicago,
Illinois, 60602
United States
USA: +1 312-376-8303
Europe and UK: (+44) 20-8144-9523
Asia Pacific: (+852) 81930785
Email: sales@cognitivemarketresearch.com
Website: https://www.cognitivemarketresearch.com/about-us

About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.

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