World Board Games Market (29.15% CAGR) to 2021

PUNE, India, Jan. 6, 2017 /PRNewswire-iReach/ -- The global board games market analyst says the latest trend gaining momentum in the market is growth of organized retail sector. The retail industry, especially in developing countries, will witness rapid growth with the increase in the number of organized retail stores such as supermarkets, hypermarkets, and discount stores. Customers rate both convenience and value for money very high because of the increasing fast-paced lifestyle and work schedule. Organized retailers offer a large variety of products under the same roof, which helps customers save time and gives them an opportunity to choose from numerous brands.

Complete report on board games market spread across 68 pages, analyzing 4 major companies and providing 33 data exhibits is now available at http://www.reportsnreports.com/reports/799152-global-board-games-market-2017-2021.html

According to the board games market report, one of the major drivers for this market is increasing number of board games published annually. The global board games market is growing rapidly, as vendors find increasing value proposition in the market due to which investments are increasing. The emergence of social media has increased the popularity of popular TV series and movies. This has resulted in the increasing number of board games adopting these themes to increase the addressable market.

The following companies are the key players in the global board games market: Asmodée Editions, Goliath B.V., Hasbro, and Ravensburger. Other prominent vendors in the market are: BoardGameDesign, DeLano Service, Grand Prix International, Kamings Trade, Ludo Fact, and Panda GM. Order a copy of Global Board Games Market 2017-2021 report @http://www.reportsnreports.com/purchase.aspx?name=799152

The vendors in the market are focusing on launching now products to increase their consumers base. The introduction of premium board games will allow suppliers in the market to generate high volumes of revenue during the forecast period.

Board games market in EMEA: People in EMEA were the first adopters due to which the penetration of board games is highest compared with other regions. These games are the most common sources of entertainment among different age groups, which elevated the growth of the market in this region. Board games market in the Americas: Comic book and fantasy themed board games are gaining immense popularity in the market and generating high revenues. The new phenomenon of geek culture is boosting the sale of franchise merchandise in the American market.

Board games market in APAC: The board games market in APAC is still evolving, and traditional games like Monopoly and Chess is still popular in the region. It is estimated that premium board games will gain popularity during the forecast period due to the rise in disposable income for the majority of the population in the region.

Global Board Games Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the present scenario and the growth prospects of the global board games market for 2017-2021. To calculate the market size, this report considers the revenue generated from the sales of board games.

Further, the board games market report states that one of the major factors hindering the global board games market is the fact that the gameplay is restricted to a limited number of players. This limits the integration of board games with a social gathering.

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