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Key Statistics
- The most popular board game is Monopoly, with over 275 million copies sold.
- Chess is the oldest known board game, dating back to the 6th century.
- The global board game market will reach $12 billion in sales by 2024.
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Market Insights
- Germany has the largest market, followed by the US and UK.
- Most players own between 1-25 games.
- Over half purchase 5-10 new ones yearly.
- Game cafes are popular with millennials.
- When picking a game, consider the age range, number of players, and complexity.
- Games average $20-$45, with more complex titles costing more.
- Many games use a pricing method of 5 times production and shipping.
- According to surveys, younger Americans enjoy playing board games more than older people.
- Pandemic was the most searched game during the early stages of COVID-19.
- Most enthusiasts play at home multiple times per week with friends.
- Jeff Bauspies has the world’s largest private collection with over 1,700 games.
- Monopoly
- The most popular board game played by 500 million people worldwide.
- Other Top Games
- Include chess, checkers, backgammon, Scrabble, and Catan.
- Selling used games can be profitable due to the high return on investment.
- Starting a board game business costs $18,000 to $20,000, covering the first game and company startup.
- Major publishers like Hasbro, Mattel, and Ravensburger create many popular titles.
- Pandemic is considered one of the best newer board games.