Tabletop gaming has always been a well-liked past time, and in recent years it has developed into a thriving industry. Some people might have believed that the popularity of online gaming would render tabletop games obsolete, yet the exact reverse has occurred. In fact, a study by Grand View Research projects that the market for tabletop gaming will grow to $12 billion by 2025. But who are the main companies that make tabletop games?
The tabletop game market is dominated by a number of large companies, notably Asmodee, Hasbro, and Mattel. The French publisher and distributor of board games Asmodee has quickly risen to the top of the field. They are the owners of several well-known board game brands, such as Settlers of Catan and Ticket to Ride. The American toy and board game manufacturer Hasbro is renowned for creating timeless titles like Monopoly, Risk, and Clue. Another American toy manufacturer, Mattel, is in charge of putting out hit games like UNO and Apples to Apples.
Despite the fact that there are numerous competitors in the market, Asmodee now has the highest market share. Approximately 20% of the market is controlled by Asmodee, according to a Board Game Quest article. Asmodee has bought a number of other game publishers throughout the years in addition to popular game franchises, further strengthening its position as a key player in the market.
Hasbro is the biggest board game producer in the world by revenue, despite Asmodee having the largest market share. Hasbro generated $1.67 billion in revenue from its gaming division in 2019, according to Statista. Classic board games have been produced by Hasbro for a very long time, and they continue to make updated versions of their best-selling titles.
Parker Brothers, a well-known division of Hasbro, was established in 1883 and has its headquarters in Salem, Massachusetts. Among the numerous classic games created by Parker Brothers are Clue, Sorry!, and Monopoly. Hasbro bought Parker Brothers in 1991, and since then, they’ve kept making fresh iterations of their best-selling games.
In conclusion, the tabletop gaming sector is lucrative and is expected to continue expanding. Some of the key companies in the sector include Asmodee, Hasbro, and Mattel, however Asmodee presently dominates the market. The Parker Brothers subsidiary of Hasbro, which is based in Salem, Massachusetts, is the largest board game producer in the world by revenue. It will be fascinating to watch how the industry changes in the next years given that the popularity of tabletop gaming isn’t showing any signs of slowing down.