Global Tarot Cards Market Size By Type of Tarot Decks, By Target Audience, By Distribution Channel, By Geographic Scope And Forecast
Published on: 2024-07-13 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
Global Tarot Cards Market Size By Type of Tarot Decks, By Target Audience, By Distribution Channel, By Geographic Scope And Forecast
Tarot Cards Market Size And Forecast
Tarot Cards Market size was valued at USD 1.292 Billion in 2023 and is projected to reach USD 1.589 Billion by 2030, growing at a CAGR of 3.51% during the forecast period 2024-2030.
Global Tarot Cards Market Drivers
The market drivers for the Tarot Cards Market can be influenced by various factors. These may include
- Growing Interest in Mysticism and Spirituality As people become more interested in mysticism, spirituality, and alternative kinds of guidance, there is a greater need for tarot cards as a self-reflection and divination tool.
- Popularity in Mainstream Culture Tarot cards have grown in acceptance and awareness as a result of their appearance in films, TV series, and social media.
- Enhanced Online Presence Tarot card readings and decks are now more widely available online, opening up the market to a worldwide consumer base and boosting revenues through e-commerce platforms.
- Holistic & Wellness Trends Tarot cards are in line with these trends as more individuals look for instruments to help them grow personally, learn who they are, and get advice on how to be emotionally and spiritually well.
- Social Media Influence Tarot readings are frequently promoted by influencers and content producers on social media platforms, setting trends and encouraging followers to research and buy tarot card decks.
- Transition with Mindfulness Practices Tarot cards have become increasingly popular as a tool for mindfulness, meditation, and developing a closer relationship with oneself as a result of the mindfulness movement.
- The Availability of tarot card decks with a variety of themes, including mythology, nature, and fantasy, draws a wider range of consumers and broadens the market beyond conventional users.
Global Tarot Cards Market Restraints
Several factors can act as restraints or challenges for the Tarot Cards Market. These may include
- Viewed Lack of Scientific Validity Among people who favor reasoned or evidence-based methods, tarot card sales are restricted by skepticism and the belief that tarot cards lack scientific validity.
- Cultural and Religious Opposition Tarot card acceptance may be hampered by opposition from particular cultural or religious groups that see tarot cards as occult or incompatible with their beliefs.
- Limited Market Regulation Customers may get concerned about ethics, quality, and authenticity as a result of the absence of industry standards in the tarot card business.
- Misconceptions and Stigma Potential customers and users may be discouraged by the stigma and misconceptions surrounding tarot cards, which are frequently connected to false information or stereotypes.
- Rival Divination instruments Tarot card users may be discouraged by competition from other divination methods and instruments like numerology, astrology, and oracle cards.
- Free Online Tarot Card Readings Due to consumers’ preference for digital readings, the availability of free online tarot card readings may have an effect on sales of physical decks.
- Limited Cultural Representation People from different cultural backgrounds may find particular tarot card decks less appealing if there is a lack of diversity and representation in the card designs.
- Economic Factors People may reduce their expenditure on non-essential things like tarot card decks as a result of financial hardships or downturns in the economy.
- Ethical Issues Tarot card perception may be affected by ethical issues surrounding the commercialization of spiritual practices, particularly if the cards are sold only for financial gain and disregard for spiritual purity.
- Restricted Awareness in Some locations Tarot card exposure or awareness may be restricted in some locations, which could impede market expansion in areas where alternative spiritual practices are less common.
Global Tarot Cards Market Segmentation Analysis
The Global Tarot Cards Market is Segmented on the basis of Type of Tarot Decks, Target Audience, Distribution Channel, and Geography.
By Type of Tarot Decks
- Traditional Decks These decks follow the traditional Rider-Waite-Smith (RWS) tarot deck structure and imagery.
- Themed Decks Decks designed with specific themes such as fantasy, nature, animals, mythology, or cultural motifs.
- Oracle Decks Decks that deviate from traditional tarot symbolism and use intuitive or oracle-based imagery and interpretations.
- Specialty Decks Decks created for specific purposes such as meditation, manifestation, chakra balancing, or dream interpretation.
By Target Audience
- Beginners Decks designed for novice tarot readers, featuring simplified imagery, keywords, and interpretations to aid learning and understanding.
- Intermediate/Advanced Readers Decks with complex symbolism, deeper meanings, and open-ended interpretations for experienced tarot practitioners.
- Collectors Limited edition or artistically crafted decks targeted at collectors interested in unique or rare tarot decks as works of art.
By Distribution Channel
- Retail Stores Tarot decks sold through brick-and-mortar retail stores, including metaphysical shops, bookstores, gift shops, and specialty boutiques.
- Online Platforms Decks available for purchase through e-commerce platforms, online marketplaces, independent artist websites, and tarot-specific online stores.
- Direct Sales Decks sold directly by artists, creators, or publishers through their websites, social media channels, or at events such as tarot conferences or conventions.
By Geography
- North America Including the United States and Canada, with a diverse market for tarot decks driven by a strong community of tarot enthusiasts and practitioners.
- Europe Including countries such as the United Kingdom, Germany, France, and Italy, with a rich tradition of tarot reading and a growing market for tarot decks.
- Asia-Pacific Including countries like Japan, South Korea, and Australia, with a growing interest in tarot and spiritual practices driving demand for tarot decks.
- Latin America Including Brazil, Mexico, and Argentina, with emerging markets for tarot decks fueled by interest in alternative spirituality and divination.
Keyplayers
The major players in the Tarot Cards Market are
- U.S. Games Systems Inc. (USA)
- Lo Scarabeo (Italy)
- Llewellyn Publications (USA)
- Lewis Carroll Playing Card Company (USA)
- Fournier (Spain)
- US Games Systems Inc. (USA)
- Lo Scarabeo (Italy)
- Fournier (Spain)
- AGM Muller Ltd (UK)
- Carta Mundi (Belgium)
Report Scope
REPORT ATTRIBUTES | DETAILS |
---|---|
Study Period | 2020-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2020-2022 |
Unit | Value (USD Billion) |
Key Companies Profiled | U.S. Games Systems Inc. (USA), Lo Scarabeo (Italy), Llewellyn Publications (USA), Lewis Carroll Playing Card Company (USA), Fournier (Spain), US Games Systems Inc. (USA), Lo Scarabeo (Italy), Fournier (Spain), AGM Muller Ltd (UK), Carta Mundi (Belgium) |
Segments Covered | By Tarot Decks, By Target Audience, By Distribution Channel, and By Geography. |
Customization Scope | Free report customization (equivalent to up to 4 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Research Methodology of Market Research
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Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support
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