Site icon Credence Turbine

Board Game Market Analysis with Size, Revenue, Growth Drivers and Forecast to 2030

The latest market report published by Credence Research, Inc. “Global Board Game Market: Growth, Future Prospects, and Competitive Analysis, 2016 – 2028. Unleash the Power of Play:  Booming Board Games Market, with a steady growth rate of 9.50% CAGR from 2023 to 2030, this thriving global market is projected to soar from USD 16.2 billion in 2022 to a staggering USD 30.58 billion in 2030.

The report highlights the increased preference of millennials for old-fashioned games at social gatherings, as well as the rising popularity of playing cards and board games for leisure activities, as major contributors to the expected market growth.

Manufacturers have focused on the development of simple yet elegantly designed games with impressive artwork to capture consumer interest. The advent of board game cafes worldwide is also anticipated to positively impact the demand for board games.

Global events that introduce new games, such as the Game on Expo, are enhancing consumer awareness and likely to bolster sales in the board games market. The cognitive benefits of board games for children’s development, including early learning, vocabulary enhancement, and teamwork promotion, also contribute to the market’s growth trajectory.

Browse 250 pages report Board Game Market By Game type (Monopoly, Scrabble, Chess Others) By Age Group (0-2 Years, 2-5 Years, 5-12 Years, Above 12 Years) -Growth, Future Prospects & Competitive Analysis, 2016 – 2030)- https://www.credenceresearch.com/report/board-game-market

The report also underscores the growing influence of social media and celebrity endorsements in driving the demand for tabletop games. Furthermore, traditional card games are seeing a resurgence on mobile gaming platforms due to wider acceptance on social networks, prompting producers to develop digital versions of conventional card games.

Key players in the global board games market include Games Workshop Group PLC, NECA/WizKids LLC, IELLO USA LLC., Grey Fox Games, Disney, Buffalo Games, UNIVERSITY GAMES, Delan Service, LongPack Games, and Boda Games.

Board Game Market Recommendations, several key factors must be considered to ensure success in this ever-growing industry. Firstly, conducting thorough market research is crucial. Understanding consumer preferences and current trends will allow board game developers to create products that resonate with their target audience. Additionally, identifying gaps in the market can provide valuable opportunities for innovation and differentiation. Secondly, fostering strong relationships with distributors and retailers is essential for effective product distribution. Building a network of reliable partners who share a passion for board games will ensure wider availability and increased visibility for new releases. Furthermore, leveraging digital platforms such as Kickstarter or social media can effectively promote upcoming titles while engaging directly with potential customers.

Why to Buy This Report-

Browse Full Report: https://www.credenceresearch.com/report/board-game-market

Visit: https://www.credenceresearch.com/

Related Report: https://www.credenceresearch.com/report/aloe-vera-based-skin-and-hair-products-market

Related Report: https://www.credenceresearch.com/report/us-lawn-mower-market

Browse Our Blog: https://www.linkedin.com/pulse/board-game-market-analysis-demand-statistics-top-revenue-singh

Browse Our Blog: https://tealfeed.com/board-game-market-grow-steadily-cagr-fsuny

About Us –

Credence Research is a viable intelligence and market research platform that provides quantitative B2B research to more than 10,000 clients worldwide and is built on the Give principle. The company is a market research and consulting firm serving governments, non-legislative associations, non-profit organizations, and various organizations worldwide. We help our clients improve their execution in a lasting way and understand their most imperative objectives. For nearly a century, we’ve built a company well-prepared for this task.

Contact Us:

Office No 3 Second Floor, Abhilasha Bhawan, Pinto Park, Gwalior [M.P] 474005 India