Transparency Market Research delivers key insights on the global board games puzzles market. In terms of revenue, the global board games puzzles market is estimated to expand at a CAGR of 7% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the global board games puzzles market.
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Companies involved in the board games puzzles market are expanding their product lines to meet the increasing demand for board games puzzles. Moreover, strong product innovation among these companies with newer features in board games puzzles is expected to boost the market during the forecast period. In addition, companies are adopting latest technologies to provide extra benefits and more comfort to clients, and also to boost their own efficiencies. All this is expected to have a positive impact on the global board games puzzles market during the forecast period.
In terms of product type, roll move games segment is expected to dominate the board games puzzles market during the forecast period. Based on growth rate, puzzle games segment is expected to expand at a faster rate during the forecast period. The growing popularity of board games in gaming events and competitions is one of the major driving factors for the global board games puzzles market.
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In terms of category, the table top segment is anticipated to hold major share and maintain the share during the forecast period. In terms of game type, the educational segment is anticipated to hold a major share. Based on material, wood is expected to expand at a high CAGR of 8.1%. Vendors in the board games puzzles industry are integrating innovative features in existing products. With the increasing focus of vendors on offering more convenience to end users, the board games puzzles market is anticipated to witness a large number of innovations, which will continue capturing the minds, hearts, and imaginations of end users globally.
Based on region, the global board games puzzles market can be categorized into North America, Europe, Asia Pacific, MEA, and South America. North America accounted for a dominant share of the global board games puzzles market in 2020, and is expected to remain dominant over the forecast period. Innovative devices that cater to the requirements of consumers’ changing lifestyle are cementing the market growth for board games puzzles at the global level.
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Asia Pacific is projected to register the highest CAGR in the future in the global board games puzzles market. Key players operating in the board games puzzles market in the region are adopting new technologies to provide quality products to their customers. Increasing promotional activities are also expected to have a positive impact on the market in the region.
Key players operating in the global board games puzzles market are Asmodee, Buffalo Games, Cartamundi, Delano Games, Don’t Panic Games, Goliath Games, Hasbro, LongPack Games, Ravensburger AG, and Grand Prix International, Inc. among others.
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