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Trading Card Game Market Report Overview
The global trading card game market size was valued at USD 0.95 billion in 2023 and is projected to touch from USD 1.0 billion in 2024 to USD 1.57 billion by 2032, exhibiting a CAGR of 5.0% during the forecast period. North America is dominating the trading card game market share in 2023.
A collector card is another name for a game. It is a tiny card with a photo of a person, place, thing, and trivia or facts on it that is constructed of stiff paper and paperboard. The majority of trading card games involve sports. Sports trading card are categorized separately from non-tradable game cards that are associated with other games, such as Pokémon. This game currently holds the top spot in both the unique cards and sports trading card categories. The most popular sport for trading cards is baseball.
COVID-19 Impact: Interruption in Supply Chains to Deplete Market Growth
The eruption of COVID-19 has done act as a substantial restraint on some market in 2020, as businesses have been disrupted due to global government lockdowns. COVID-19 is a contagious disease that causes flu-like symptoms such as fever, coughing, and difficulty breathing. National governments' efforts to limit transfer have led to a decrease in business growth and confined trade in goods and services, with nations entering a 'lock down' state. Businesses suffered as a result of the outbreak in 2020 and 2021. Many markets were been affected from this because the main focus was on the respiratory issues. The trading card game market is expected to rebound from the shock over the forecast period.
Latest Trends
"Enhancement in Outdoor Sports to Intensify Market Magnification "
Additionally, the rise of numerous sports channels competing for viewers is a good thing for the card game industry. The game requires a lot of reading because there are various instructions on each card. Making the appropriate card choice is crucial to winning the game. With advantages for improving reading comprehension, patience, critical thinking, and ahead planning, as well as developing social skills, fair play, and sportsmanship from a young age. Therefore, the improvising skills by the game will elevate the market.
Trading Card Game Market Segmentation
- By Type Analysis
According to type, the market can be segmented into digital game, physical card
Digital game is the leading part of the type segment
- By Application Analysis
According to application, the market can be segmented into teenager, adult
Teenager are the leading part of the application segment
Driving Factors
"Elevation in Urbanization to Boost Market Share "
The worldwide trading game card market is driven by improvements in trading card. The card game business is growing as urbanization continues to rise. The two largest rising countries, India and China, offer numerous chances for corporate expansion in the trading card sector. The worldwide trading card business has been driven by urbanization, which has led to the formation of emerging businesses in developing nations.
"Signature Card Segment to Expand Market Forwarding "
Based on the type of card, the trading card game market is divided into image cards, signature cards, characters cards, and other categories. The trading card game market share is predicted to be the largest during the forecasted timeframe and followed by signature cards that will hold the highest proportion. Trading card signed by professional athletes are known as autograph cards. The addition of an autograph to a sports card raises its value and gives fans something special and one-of-a-kind. On-card and sticker autograph cards are two types of autographed sports trading cards. During the anticipated time frame, the demand for autograph cards is anticipated to increase due to their increasing worth.
Restraining Factors
"Increased Collector Abandonment of Cards to Deplete Market Advancement"
There are several restrictions and hurdles that will prevent the market from expanding. The expansion of the outdoor sports trading card sector is hampered by the collectors' abandonment of sports trading cards and the increase in internet users.
Trading Card Game Market Regional Insights
"Cards for Sports and Entertainment to Foster Market Growth in North America"
The highest trading card game market growth is projected to be in North America. Due to the rising popularity of trading cards for sports and entertainment, the trading card game business in North America is predicted to expand. Trading game have been acknowledged as the preferred pastime for sports lovers since the 1940s. It is predicted that the growing interest of middle-aged Americans in the nostalgic and kid-friendly hobby of gathering trading card game would increase North America's share of the global sports trading card game market.
Key Industry Players
"Key Players Focus on Partnerships to Gain a Competitive Advantage "
Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.
The analyst provides a comprehensive picture of the market through the study, synthesis, and summarization of data from various sources, as well as an examination of important variables such as financial gain, sales prices, competition, and promotions. It identifies the key industry influencers and presents various market facets. The information provided is thorough, reliable, and the result of extensive primary and secondary research. The market report provides a comprehensive competitive landscape as well as an in-depth vendor evaluation methodology and analysis based on both qualitative and quantitative studies to accurately forecast market growth.
The reports cover important advances with in market, as well as inorganic and organic growth strategies. Various companies are concentrating on organic business expansion such as product announcements, product approvals, and other things like patents and events. Acquisitions, partnerships, and collaborations were among the inorganic growth strategies observed in the market. The above activities have paved the way for market participants to expand their business and customer base. With the growing demands for filter products in the international market, market participants in the market are expected to benefit from substantial growth opportunities in the near future.
LIST OF TOP Trading Card Game COMPANIES
- Blizzard Entertainment (U.S.)
- CyberAgent (Japan)
- Bushiroad (Japan)
- Upper Deck Company (U.S.)
- Riot Games (U.S.)
- Fantasy Flight Games (U.S.)
- Kyy Games (U.S.)
- Hasbro (U.S.)
- Bandai (Japan)
- Legend Story Studios (New Zealand)
- Konami Holdings Corporation (Japan)
- The Pokemon Company (Japan)
Report Coverage
The industry's growth was significantly influenced by the tactics employed by market participants in recent years, such as extensions. The report provides details and information on the companies and their interactions with the market. The data is gathered and published through appropriate research, technological advancements, expansions, and expanding machinery and equipment. Other criteria considered for this market are the firms that develop and provide new products, the areas in which they operate, mechanisation, innovative techniques, making the most money, and using their products to have a large social impact. This analysis examines the global and regional effects of the outbreak mostly on the market. The study describes the market share features, and market growth by type, industry, and customer sector.
This research profiles a report with extensive studies that take into description the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, etc. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 0.95 Billion in 2023 |
Market Size Value By |
US$ 1.57 Billion by 2032 |
Growth Rate |
CAGR of 5% from 2023 to 2032 |
Forecast Period |
2024-2032 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered | |
By Type
|
|
By Application
|
Frequently Asked Questions
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What value is the global trading card game market expected to touch by 2032?
The global trading card game market is expected to touch USD 1.57 billion by 2032.
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What CAGR is trading card game market expected to exhibit during 2032?
The trading card game market is expected to exhibit a CAGR of 5.0% over 2032.
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Which are the driving factors of the trading card game market?
Elevation in urbanization and signature card segment to drive the trading card game market.
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Which are the top companies operating in the trading card game market?
Blizzard Entertainment, CyberAgent, Bushiroad, Upper Deck Company, Riot Games are the top companies operating in the trading card game market.