Product ID: UCMIG25J2039
Report ID:
UCMIG25J2039 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
In 2018, the global playing cards and board games market reached a significant valuation of USD 11.95 billion. As per market projections, this sector is anticipated to exhibit a promising compound annual growth rate (CAGR) of 8.7% during the forecast period. The steady growth can be attributed to the increasing popularity of board games and the enduring demand for traditional playing cards. Factors such as the rising adoption of digital board games and the growing trend of socializing through gaming are expected to contribute to the market's expansion. With these positive market indicators, the playing cards and board games industry is poised to witness substantial growth in the coming years.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Leisure Products by segment aggregation, the contribution of the Leisure Products in Consumer Durables & Apparel and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Product ID: UCMIG25J2039