1. What is the projected Compound Annual Growth Rate (CAGR) of the Board Games Market?
The projected CAGR is approximately 10.52%.
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Board Games MarketBoard Games Market by Game Type (Monopoly, Scrabble, Chess, Others), by Age Group (2-5 Years, Between 5, 12 Years, 12-25 Years, Above 25 Years), by Sales Channel (Online Stores, Specialty Stores, Hypermarkets & Supermarkets, Others), by North America (U.S., Canada, Mexico), by Europe (Germany, U.K., France, Italy, Spain, Rest of Europe), by Asia Pacific (China, India, Japan, Australia, Rest of Asia Pacific), by South America (Brazil, Argentina, Rest of South America), by Middle East and Africa (UAE, South Africa, Rest of Middle East & Africa) Forecast 2026-2034
The Board Games Market size was valued at USD 13.06 USD Billion in 2023 and is projected to reach USD 26.30 USD Billion by 2032, exhibiting a CAGR of 10.52 % during the forecast period. Board games are the type of gaming that is played on top of the table, and it is possible to identify pieces, counters or markers that are moved or placed upon a pre-marked surface, according to a certain set of rules. They have different genres of them like, strategy games, party games, and cooperative games and cover a variety of gameplay modes. These games commonly comprise of fighting, helping, solving, and long-thinking elements that theme the games to people of all ages and they are both entertaining and intellectually stimulating. The choice from all-time classics such as Chess and Monopoly to modern favourite stories like Settlers of Catan and Ticket to Ride is great as the board games are intended to meet people's general different interests and preferences. Other than just enjoying their pastime, board games are of educational, therapeutic and team-building interests, which bring about socialization, problem-solving and communication.
By Game Type:
By Age Group:
By Sales Channel:
| Aspects | Details |
|---|---|
| Study Period | 2020-2034 |
| Base Year | 2025 |
| Estimated Year | 2026 |
| Forecast Period | 2026-2034 |
| Historical Period | 2020-2025 |
| Growth Rate | CAGR of 10.52% from 2020-2034 |
| Segmentation |
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Note*: In applicable scenarios
Primary Research
Secondary Research
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
The projected CAGR is approximately 10.52%.
Key companies in the market include Hasbro Inc. (U.S.), Mattel Inc. (U.S.), Buffalo Games LLC (U.S.), Goliath Games (Netherlands), Masters Traditional Games (U.K.), Ravensburger AG (Germany), Gibson Games (U.K.), Rebellion Developments Ltd. (U.K.), CMON Games (Singapore), Asmodee (France).
The market segments include Game Type, Age Group, Sales Channel.
The market size is estimated to be USD 26.30 USD Billion as of 2022.
Rising Number of Board Game Bars and Cafés to Favor Market Expansion.
Rapidly Evolving E-Commerce Shopping Trend to Favor Market Growth.
Consumer Inclination Toward Alternative Gaming Platforms Might Hamper Market Growth.
December 2023: University Games, a California, U.S.-based toy and game company, acquired The Learning Journey International, an Arizona, U.S.-based children's educational products company.
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The market size is provided in terms of value, measured in USD Billion and volume, measured in K units.
Yes, the market keyword associated with the report is "Board Games Market," which aids in identifying and referencing the specific market segment covered.
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