Gaming Posters Market Research, 2031
The global gaming posters market size was valued at $204.6 million in 2021, and is projected to reach $565.4 million by 2031, growing at a CAGR of 10.8% from 2022 to 2031.
A game poster is a poster used to promote and advertise a game primarily to persuade people to buy it. A gaming company often prints several posters that vary in size and content for various domestic and international markets. They normally contain an image with text. Posters help build brands. Customers are more likely to remember a firm when posters feature its distinctive colors and emblem. Modern, eye-catching posters provide a strong first impression and demonstrate to potential customers the professionalism of a company.
Moreover, gaming posters market demand for the product will rise as there are more artists available, making it easier to produce video game artwork more swiftly. 12,600 artists and related employees were employed in the U.S. in 2020, according to statistics from the U.S. Bureau of Labor Statistics, and it is predicted that this number will rise by 9.5% by 2030. Customers are expecting personalized game posters as the number of artists is growing, fueling industry expansion. The constant introduction of new games by businesses all around the world will also help the market grow by boosting product profits.
In addition, the inclination of youth towards gaming favors growth of the gaming posters market. The rising fan base of gaming characters is supporting the gaming posters market growth as fans want posters of the games and the characters in their rooms, homes, etc.
Regulatory compliances regarding gaming are expected to obstruct the market growth during the forecast period. Many countries across the world ban games due to various factors, which hamper the gaming posters market. There is less interest in gaming posters, as consumers do not want to invest money in goods that they cannot use frequently.
The gaming posters market forecast is segmented into type, application, distribution channel, and region.
On the basis of type, the gaming posters industry is classified into standards and customized. On the basis of application, the gaming posters market is classified into household and commercial users. On the basis of application, the market is categorized into commercial and household. On the basis of distribution channel, the market is segmented into online and offline. On the basis of region-, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, France, Italy, Spain, Russia, and rest of Europe), Asia-Pacific (China, India, Japan, Australia, Singapore, New Zealand, South Korea, and rest of Asia-Pacific), and LAMEA (Brazil, Argentina, South Africa, Saudi Arabia, UAE and rest of LAMEA)
On the basis of type, the gaming posters market is classified into standard and customized. The standard segment accounted for a major gaming posters market share of the market in 2021 and is expected to expand at a significant CAGR during the forecast period. The demand for standard gaming posters is rising as consumers want official posters of games. The standard game poster defines the insights and the reality of the game.
On the basis of application, the global gaming posters market is classified into household and commercial users. The household segment accounted for a major share of the market in 2021 and is expected to expand at a significant CAGR during the forecast period. The inclination of youth towards gaming is further driving the gaming posters market. Such factors are fueling the growth of gaming posters in the household segment.
On the basis of distribution channel, the market is segmented into online and offline. The online segment accounted for a major share of the gaming posters market in 2021 and is expected to expand at a significant CAGR during the forecast period. The most popular distribution channel is the online sales channel in today’s era. People want to save their time and money and are opting for online applications or sales channels to buy various products. This can be considered a benefit for the gaming posters market in the coming days.
On the basis of region, the gaming posters market is segmented into North America, Europe, Asia-Pacific, and LAMEA. The Asia-Pacific gaming posters market is projected to witness the fastest growth during the forecast period. Standard gaming is on the rise in the region. Standard gaming in Asia has never quite reached the popularity it has in non-Asian markets. This is fueling the gaming posters market growth.
The major players operating in the market focus on key market strategies, such as mergers, product launches, acquisitions, collaborations, and partnerships. They have been also focusing on strengthening their market reach to maintain their goodwill in the ever-competitive market. Some of the key players in the gaming posters market include Displate, Postergully, Greenpanda, GB Posters, and PopArtuk.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the gaming posters market analysis from 2021 to 2031 to identify the prevailing gaming posters market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the gaming posters market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global gaming posters market trends, key players, market segments, application areas, and market growth strategies.
Gaming Posters Market Report Highlights
Aspects | Details |
Market Size By 2031 | USD 565.4 million |
Growth Rate | CAGR of 10.8% |
Forecast period | 2021 - 2031 |
Report Pages | 284 |
By Type |
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By Application |
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By Distribution Channel |
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By Region |
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Key Market Players | GB Posters, Greenpanda, Displate, PosterGully, PopArtUK |
Analyst Review
According to the insights of the CXOs, the global gaming posters market is expected to witness robust growth during the forecast period. This is attributed to the rise inthe number of artists. Moreover, the inclination of youth towards gaming has fueled the growth of the global gaming posters market. Today, video games have become one of the most popular ways for young people to spend their leisure time. Many young people are selecting gaming as a career option and decorating their spaces with gaming posters, which has significantly contributed to the expansion of the gaming posters market.
Furthermore, a lot of innovations are taking place in the gaming and gaming device industries, which is making them better every day.Many key players in the gaming industry are launching new games in the market,which is creating opportunities for gaming posters industry players.
The gaming posters market size was valued at $204.6 million in 2021 and is expected to reach $565.4 million by 2031
The global Gaming posters market registered a CAGR of 10.8% from 2022 to 2031.
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The forecast period in the Gaming posters market report is from 2022 to 2031.
The gaming Posters market is segmented into type, application, distribution channel, and region.
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