Product Code: ETC043504 | Publication Date: Aug 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
India Board Games market currently, in 2023, has witnessed an HHI of 1585, Which has decreased slightly as compared to the HHI of 3311 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The India Board Games market is estimated to be valued at USD 7.3 billion in 2020 and is projected to reach a value of USD 11.4 billion by 2026, registering a CAGR of 8.2% during the forecast period (2020-2026). The growth of this market can be attributed to factors such as increasing consumer demand for entertainment products, rising disposable income, growing awareness about traditional board games among parents & children alike and increased availability of board game options online. In addition, the COVID-19 pandemic has also acted as an accelerator in driving up sales for some specific categories within this market due to lockdowns imposed on movement across the country leading people looking towards indoor activities such as board games for their leisure time needs.
Emergence of e-commerce platforms has given consumers more choices when buying a product; which in turn has resulted in increased demand for traditional board game segments like card and dice games amongst others from consumers who appreciate these forms of recreation over digital screens or video gaming consoles. The Increasing per capita incomes have led families spending more money on recreational activities like board games which are considered low cost yet effective ways to manage stress levels without having to spend too much money outside the home environment resulting in higher adoption rates amongst households with children aged between 5 ? 10 years old where often times it becomes difficult finding suitable outdoor activities keeping them engaged while not being exposed physically away from home environments that could cause health risks due to Covid 19 virus spread.
High Cost Of Board Games With Technology Enabled Features: There are certain boards games available today with technology enabled features aimed at making playing experiences interesting however they come with high costs thus limiting their appeal among price conscious consumers who would want something simpler yet fun at lesser prices points thereby creating hurdles for companies operating within this market segment .
Some key players operating in the Indian Board Games Market include Mattel India Pvt Ltd., Hasbro India Pvt Ltd., Dice Sports Private Limited , Funskool India Ltd., Winning Moves India Pvt Lts etc.. These players have presence both offline through toy stores or gift shops and online through various eCommerce websites like Amazon Flipkart Myntra etc.. They offer variety of range depending upon age groups from infants right up till teens alongwith adult versions as well adding diversity into product offering mix catering
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Board Games Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Board Games Market Revenues & Volume, 2020 & 2030F |
3.3 India Board Games Market - Industry Life Cycle |
3.4 India Board Games Market - Porter's Five Forces |
3.5 India Board Games Market Revenues & Volume Share, By Product Type, 2020 & 2030F |
3.6 India Board Games Market Revenues & Volume Share, By Theme Type, 2020 & 2030F |
3.7 India Board Games Market Revenues & Volume Share, By Distribution Channel, 2020 & 2030F |
4 India Board Games Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Board Games Market Trends |
6 India Board Games Market, By Types |
6.1 India Board Games Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 India Board Games Market Revenues & Volume, By Product Type, 2020-2030F |
6.1.3 India Board Games Market Revenues & Volume, By Puzzles, 2020-2030F |
6.1.4 India Board Games Market Revenues & Volume, By Collectible Card Games, 2020-2030F |
6.1.5 India Board Games Market Revenues & Volume, By Card & Dice Games, 2020-2030F |
6.1.6 India Board Games Market Revenues & Volume, By Miniature Games, 2020-2030F |
6.1.7 India Board Games Market Revenues & Volume, By RPG Board Games, 2020-2030F |
6.2 India Board Games Market, By Theme Type |
6.2.1 Overview and Analysis |
6.2.2 India Board Games Market Revenues & Volume, By Educational Board Games, 2020-2030F |
6.2.3 India Board Games Market Revenues & Volume, By Strategy & War Board Games, 2020-2030F |
6.2.4 India Board Games Market Revenues & Volume, By Fantasy Board Games, 2020-2030F |
6.2.5 India Board Games Market Revenues & Volume, By Sports Board Games, 2020-2030F |
6.2.6 India Board Games Market Revenues & Volume, By Others, 2020-2030F |
6.3 India Board Games Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 India Board Games Market Revenues & Volume, By Retail Stores, 2020-2030F |
6.3.3 India Board Games Market Revenues & Volume, By Online, 2020-2030F |
7 India Board Games Market Import-Export Trade Statistics |
7.1 India Board Games Market Export to Major Countries |
7.2 India Board Games Market Imports from Major Countries |
8 India Board Games Market Key Performance Indicators |
9 India Board Games Market - Opportunity Assessment |
9.1 India Board Games Market Opportunity Assessment, By Product Type, 2020 & 2030F |
9.2 India Board Games Market Opportunity Assessment, By Theme Type, 2020 & 2030F |
9.3 India Board Games Market Opportunity Assessment, By Distribution Channel, 2020 & 2030F |
10 India Board Games Market - Competitive Landscape |
10.1 India Board Games Market Revenue Share, By Companies, 2023 |
10.2 India Board Games Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |