How big is the board game industry?
According to Statista, the tabletop game industry had an estimated market of approximately 7.2 billion U.S. dollars in 2017 and is expected to increase by 4.8 billion U.S. dollars within the next 6 years.
How are board games marketed?
Board games are sold through online and retail distribution networks, including specialty stores, supermarkets and hypermarkets, mass-market players, department stores, small chain stores, free-standing toy stores, catalog stores, and other non-tracked retail outlets.
Who is the target market for board games?
The retail sale has increased tremendously and the demand has mainly been from the teen and adult population. Board games are not only beneficial for learning among toddlers and infants but also, they are helpful in creating learning environment among adults and are increasingly becoming a part of corporate classrooms.
How much money do board games make?
A successful board game business can make tens or hundreds of thousands of dollars. If a game sells for $30 per copy, selling just 1,000 games would generate a revenue of $30,000. In some cases, businesses are much more successful than this. One board game raised over $1 million on Kickstarter.
Why are board games so popular?
Families and friends are getting together and having fun. People are saving their eyeballs from too much screen time! Board games are a great way to get a group of people together and give them something in common to focus on. They even work across language barriers if you choose the right type of games.
What’s the size of the board game market?
The global board games market by product type is segmented into tabletop games, card & dice games, collectible card games, miniature games, and RPG games. Tabletop games dominated the largest market share in 2017, growing at a CAGR of over 11% during the forecast period.
Where does the demand for board games come from?
The demand in Latin America is mainly from Brazil, where RPG ones are highly popular. Board games are segmented into Puzzles, Table-top games, Collectible card games, Card and dice games, Miniature games and RPG board games.
How big is the tabletop game industry in the US?
According to Statista, the tabletop game industry had an estimated market of approximately 7.2 billion U.S. dollars in 2017 and is expected to increase by 4.8 billion U.S. dollars within the next 6 years.
Who are the major players in the board game market?
A surge in board games on Kickstarter relies on the boosting demand for tabletop games. The market has become extremely competitive in recent years with several independent companies springing up in competition to the well-established ones like Hasbro and Mattel, although Hasbro and Mattel still hold a considerable amount of the market share.
