The global board games market size was valued at USD 11.88 billion in 2022 and is expected to be worth USD 13.06 billion in 2023. The market is projected to reach USD 26.04 billion by 2030, recording a CAGR of 10.36% during the forecast period.
Board games, also known as tabletop games, have gained immense popularity in recent years, especially after the COVID-19 pandemic period. As more people were forced to stay indoors during the outbreak, they sought for new ways to participate in various recreational activities at home. This factor boosted the sales of board games. Many market players are innovating their products to make them more complex and help the players create strategies to win a game. Theme-based tabletop games are also appealing more customers as they are usually based on popular movies and TV series. These aspects are predicted to boost the board games market growth.
Fortune Business Insights™ displays this information in a report titled, "Board Games Market, 2023-2030."
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LIST OF KEY COMPANIES PROFILED IN THE REPORT
Segments:
Monopoly to Witness Robust Sales with Rising Demand for Multiplayer Money-Themed Games
By game type, the market is divided into monopoly, scrabble, chess, and others. The monopoly segment captured the largest board games market share as the demand for money-themed games is rising among gaming enthusiasts. Since this game can be played by many players, it helps people spend quality time with each other, further boosting the product demand.
Customers Aged Above 25 Years to Boost Product Demand Due to Growing Popularity of Movies and TV Series
By age group, the market is segmented into 2-5 years, between 5 and 12 years, 12-25 years, and above 25 years. The above 25 years segment held a major market share as more people in this age group are watching TV series and movies on various streaming platforms. This is inspiring market players to introduce tabletop games inspired by these movies, which will further boost their sales.