About Miniature Game
The Miniature Game market is expected to boost the global demand in the forecasted period due to the increasing popularity of the games among the youngest populations. Miniatures games are a form of the tabletop game that prominently features the use of miniature models or figures. Miniature wargaming is a form of wargaming in which players enact battles between opposing military forces that are represented by miniature physical models. A role-playing game is a game in which players assume the roles of characters in a fictional setting.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
CAGR | 36.0% |
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to avail competitive advantage through combined collaborations. Analyst at AMA Research estimates that Global Vendors will contribute the maximum growth to Global Miniature Game market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
WizKids/NECA, LLC (United States), 3Asmodee Editions (France), Grand Prix International (Thailand), Games Workshop Group PLC (United Kingdom), Hasbro, Inc. (United States), Ravensburger AG (Germany), The Walt Disney Company (United States), CMON Limited (Singapore), Buffalo Games (United States), University Games (United States) and HeroForge (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Mattel, Inc. (United States).
Segmentation Overview
AMA Research has segmented the market of Global Miniature Game market by Type (War Games, Miniatures in Role-Playing Games and Collectible Miniatures Games) and Region.
On the basis of geography, the market of Miniature Game has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. Europe, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by Sales Channel, the sub-segment i.e. Offline Retail will boost the Miniature Game market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Theme, the sub-segment i.e. Strategy & War Games will boost the Miniature Game market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Emergence to Game Cafes has Upsurged the Demand for Miniature Game and Rising Number of Crowdfunding Platforms for Designers and Manufacturers
Market Growth Drivers:
Increasing Popularity of Games across the Global Populations and Rising Prevalence of Indoor Games
Challenges:
Highly Competitive Environment Due to the Presence of Local as well as International Players and Increasing Raw Material Prices and Continuously Changing Consumer Preferences
Restraints:
Availability of Numerous Substitute Entertainment Mediums and Growing Demand for Mobile Games and Entertainment Applications
Opportunities:
Increasing Awareness about the Miniature Game across the Global Populations and Introduction to Number of Miniature Game in Schools and Colleges
Market Leaders and their expansionary development strategies
In August 2023, Elixir Games, a leading web3 gaming distribution platform, today announced a partnership with Gala Games, an online gaming platform bringing top blockchain games to the masses. This partnership aims to enhance the gaming landscape by bringing Gala Games' popular titles to the Elixir Games Launcher platform, starting with Town Star, and Spider Tanks, which will be coming to the platform in the near future.
In December 2023, Games Workshop has opened voting for its prestigious Miniature of the Year 2023 award, showcasing a year filled with exceptional Warhammer miniatures. This year’s competition is particularly fierce, with two returning Primarchs and a host of other stunning models vying for the coveted title.
Key Target Audience
Upstream and Downstream Buyers, Industry Associations, Financial Institutes and Venture Capitalists, Research and Development Institutes and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.