Global Playing Cards Market Size By Material Type, By Card Size, By Distribution Channel, By Geographic Scope And Forecast
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
Global Playing Cards Market Size By Material Type, By Card Size, By Distribution Channel, By Geographic Scope And Forecast
Playing Cards Market Size And Forecast
The global Playing Cards Market size was valued at USD 26.86 Million in 2023 and is projected to reach USD 50.11 Million by 2030,growing at a CAGR of 7.75% during the forecast period 2024-2030.
Global Playing Cards Market Drivers
Despite being traditional, the playing card market is nonetheless driven by several factors that support its enduring appeal. The playing card industry is driven by the following major markets
Global Gaming CultureThe demand for playing cards is influenced by the popularity of several card games that are played widely across cultural boundaries. Card games are popular everywhere and are not limited by geography.
Social and Family Entertainment Playing cards are an affordable and easily available way to amuse social and family gatherings. Decks of cards are in high demand since they are frequently used at get-togethers, parties, and family occasions.
Variety of Card GamesDue to the adaptability of playing cards, a broad range of games can be played, ranging from classic card games like bridge and poker to more contemporary and specially created card games. The variety of games available maintains the market’s vibrancy.
Collectible and Customized CardsCollecting playing cards has become more and more popular. This is especially the case for cards with distinctive themes, artwork, and designs. Decks that are personalized and collectible draw aficionados and help the business expand.
Growing Popularity of CardistryAs a kind of performance and entertainment, card handling, or cardistry, has become more and more well-liked. The demand for high-quality, uniquely designed playing cards is driven by the visually appealing aspect of card games.
Media & Pop Culture InfluenceHow card games are portrayed in films, TV series, and popular culture affects customer interest. The social element and perceived coolness of playing cards are influenced by media exposure.
Benefits for schoolPlaying cards are frequently used in school to teach social skills, numeracy, and strategy. Card games are still used in classrooms and other learning situations because of their educational value.
Low-Cost enjoymentCompared to many other recreational pursuits, playing cards offer a low-cost type of enjoyment. Their accessibility to a broad spectrum of consumers due to their price drives up market demand.
Trends in Customization and PersonalizationPlaying card customization, including the creation of personalized decks, is currently popular. Customers value distinctive styles, personalized artwork, and the opportunity to build decks that express their individual tastes.
Tourism and Souvenir SalesPlaying cards with regional themes and cultural components are frequently offered for sale as souvenirs in tourist locations. Visitors looking for one-of-a-kind souvenirs add to market demand
Global Playing Cards Market Restraints
Although there are advantages to the playing card business, there are also drawbacks and obstacles to be aware of. The playing card industry is subject to the following typical market constraints
Digital Gaming RivalsAs digital gaming platforms and mobile gaming apps have grown in popularity, they have given rise to new entertainment options that are a threat to traditional playing cards. Digital games’ ease of use and accessibility could draw players’ focus away from traditional card games.
Limited Innovation in Traditional CardsCompared to digital games, traditional playing cards have not witnessed as much innovation. Their popularity may be impacted by the lack of noteworthy updates or new features, particularly among younger groups used to technology developments.
Regional and Cultural PreferencesThe popularity of card games varies by location and culture. The market potential in some locations may be constrained by strong preferences for particular card game varieties or other forms of entertainment.
Perceived Outdated ImageWhen compared to more contemporary types of entertainment, some customers may consider playing cards to be archaic or out of date. The market may be impacted by this view, particularly with younger consumers.
Environmental ConcernsMaking and discarding actual playing cards adds to environmental issues. Sustainable alternatives to standard playing cards might become more popular as consumers’ decisions become more heavily influenced by environmental considerations.
Limited Promotion and MarketingCompared to more recent entertainment genres, the playing card market may see less marketing effort because it is a more established and traditional industry. Certain consumer sectors may experience a decrease in visibility and attraction as a result.
Competition from Other Leisure ActivitiesA variety of leisure activities, such as board games, video games, and outdoor activities, compete with the playing card business. The market share of conventional playing cards may be impacted by the variety of leisure options.
Aging DemographicsYounger generations might not be as interested in traditional playing cards as older generations are, and there is a strong correlation between the two. Maintaining market demand may be difficult in light of changing demographics.
Products that are Counterfeit or ImitationThe market may experience problems with playing cards that are counterfeit or imitation, which could affect customer confidence and the standing of genuine companies. For manufacturers, ensuring the legitimacy of their products might be a worry.
Economic FactorsConsumer discretionary spending may be impacted by economic downturns or uncertainties, which may have an effect on the demand for non-essential commodities like playing cards. During hard economic circumstances, people might prioritize necessities over leisure items.
Global Playing Cards Market Segmentation Analysis
The Global Playing Cards Market is Segmented based on Material Type, Card Size, Distribution Channel, and Geography.
Playing Cards Market, By Material Type
Paper Playing Cards Traditional cards made from paper material.
Plastic Playing Cards Durable and waterproof cards are often used for gaming purposes.
Playing Cards Market, By Card Size
Regular Size Cards Standard-sized playing cards.
Jumbo Size Cards Larger-sized cards for easy visibility.
Playing Cards Market, By Distribution Channel
Children’s Playing CardsDecks designed for younger audiences with colorful designs and educational elements.
Adult Playing CardsDecks with sophisticated designs, suitable for adult gamers and collectors.
Playing Cards Market, By Geography
North AmericaMarket conditions and demand in the United States, Canada, and Mexico.
EuropeAnalysis of the Playing Cards Market in European countries.
Asia-PacificFocusing on countries like China, India, Japan, South Korea, and others.
Middle East and AfricaExamining market dynamics in the Middle East and African regions.
Latin AmericaCovering market trends and developments in countries across Latin America.
Key Players
The major players in the Playing Cards Market are
Cartamundi Group
United States Playing Card Company (USPCC)
Ningbo Three A Group
Shanghai Yaoji Playing Card Co., Ltd
Jiangsu Santu Economic&Trade Development Group Co., Ltd
Zhejiang Binwang Playing Cards Co., Ltd
DiaoYu
Zhejiang Brother
Guangdong Quanmei Poker Co., Ltd
Report Scope
Report Attributes
Details
Study Period
2020-2030
Base Year
2023
Forecast Period
2024-2030
Historical Period
2020-2022
Unit
Value (USD Million)
Key Companies Profiled
Cartamundi Group, United States Playing Card Company (USPCC), Ningbo Three A Group, Shanghai Yaoji Playing Card Co., Ltd, Jiangsu Santu Economic&Trade Development Group Co., Ltd, Zhejiang Binwang Playing Cards Co., Ltd.
Segments Covered
By Material Type, By Card Size, By Distribution Channel, and By Geography.
Customization scope
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• 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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