There are many board game companies out there, but only a few of them are successful and make a lot of money. What sets these top companies apart from the rest? In this article, we will take a look at what these board game companies do, how much money they make, and what makes them so popular.
We will also discuss the future of board game companies and where the industry is headed. So without further ado, let’s get started!
What are the Most Popular and Successful Board Game Companies?
The most popular and successful board game companies are Hasbro, Mattel, and Ravensburger.
Hasbro is a board game company that was founded in 1923. Some of their most popular board games include Scrabble, Clue, and Jenga. Hasbro is also well-known for its toys and action figures, including Transformers, My Little Pony, and GI Joe. Hasbro is a public company and has been for many years. They are listed on the New York Stock Exchange under the ticker symbol HAS.
Mattel is another board game company that was founded in 1945. Some of their most popular board games include Apples to Apples, Pictionary, and UNO. Mattel is also well-known for its toys, such as Barbie dolls, American Girl dolls, and Fisher-Price toys. Mattel is a public company and is listed on the New York Stock Exchange under the ticker symbol MAT.
Ravensburger is a board game company that was founded in 1884. It is one of the largest board game companies in Europe. Some of its most popular board games include Puerto Rico and the Castle of Burgandy. Ravensburger is a private company.
Other Popular Board Game Companies
Here are some other popular board games that may sound familiar when looking at some of the most popular board games. Feel free to click on each one and browse their websites!
- Bezier Games
- Stronghold Games
- Alderac Entertainment Group
- Days of Wonder
- Stonemaier Games
- Rio Grande Games
- Z-Man Games
- Blue Orange Games
- Fantasy Flight Games
- Mayfair Games
- Portal Games
- West End Games
What Do Board Game Companies Do?
Board game companies design, develop, manufacture, and market board games. They also license their board games to other companies for production. Board game companies also generate revenue from the sale of board game accessories and board game-related merchandise.
Board game companies come up with new concepts for board games by brainstorming ideas, looking at popular trends, and observing what board games are successful. They then prototype these board games and test them.
Board game companies market their products by creating and distributing marketing materials, such as product brochures, product catalogs, and websites. They also use social media platforms, such as Facebook and Twitter, to promote their products. Board game companies also attend trade shows and board game conventions to market their products to retailers and consumers.
One of the challenges that board game companies face is developing new board games that are both innovative and entertaining. Board game companies also have to compete with video games and other forms of entertainment for consumer attention. They also have to market their products effectively in order to generate interest among consumers and retailers.
How Much Money Do Board Game Companies Make?
Board game companies make a lot of money. In fact, the global board game market is estimated to be worth $8.5 billion. The three most popular board game companies – Hasbro, Mattel, and Ravensburger – have a combined market capitalization of $24.5 billion.
According to MacroTrends, here are the revenues for the top board game companies for 2021:
- Mattel’s annual revenue for 2021 was $5.458B, an 18.95% increase from 2020
- Hasbro’s annual revenue for 2021 was $6.42B, an 17.47% increase from 2020
According to eCommerceDB, Ravensburger’s net sales for eCommerce alone was 48.2 million in 2021.
Not all board game companies have huge names like Hasbro and Mattel. There are smaller indie board game companies that still generate tons of revenue per year. A successful board game business can make hundreds of thousands of dollars.
A lot of smaller companies also were successful at raising money on Kickstarter, which went towards their profit and helped market their game in front of thousands of people. For example, Exploding Kittens raised over $8 million on Kickstarter to help bring their game to life.
What Makes Board Game Manufacturers So Popular?
Board game companies are popular because they make board games that people enjoy playing. We all know that board games are a great way to spend time with family and friends, and they can be enjoyed by people of all ages.
Board game companies often strive to release new and exciting board games each year. This keeps people coming back for more, and it helps to generate word-of-mouth marketing for the board game company.
Usually the companies that are most popular and successful offer a wide variety of board games. This allows people to find board games that they enjoy playing, and it also allows board game companies to appeal to a wide range of consumers.
Popular board game companies have been around for a long time and have built up strong brand recognition. They also make high-quality products that people enjoy playing. Finally, they are always innovating and coming out with new and exciting games that keep people coming back for more.
What is the Future of the Board Game Industry?
The future of board game companies looks bright. The board game industry is growing, and new board game companies are being founded each year. Board games are becoming more popular, and people are spending more money on board games than ever before.
The board game industry is expected to continue to grow in the coming years, and board game companies are expected to continue to be successful.
In the future, we expect board game companies to continue to grow and thrive. The industry is currently worth over $12 billion and is expected to reach $30 billion by 2025. This growth is being driven by the increasing popularity of board games, as well as the rise of digital board games.
More and more people are looking for ways to disconnect from their screens and connect with friends and family in real life. Board games provide the perfect solution to this need. They are social, interactive, and can be enjoyed by people of all ages.
Be sure to check out more on why board games are so popular.
How to Start Your Own Board Game Company
Anyone can start their own board game company if they have the right skills and knowledge.
In order to start a board game company, you will need to have a strong understanding of the board game industry. You will also need to be creative and have a good sense of what people want to play. Finally, you will need to be able to market your games and get them into the hands of potential customers.
Starting a board game company is a lot of work, but it can be a very rewarding experience. If you are passionate about board games and have what it takes to be successful, then we encourage you to give it a try!
Check out our article for more details about how to sell a board game and bring your board game idea to the market.
Board Game Companies Conclusion
So there you have it! These are the most popular and successful board game companies. These companies make a lot of money, and they are only getting more popular. So if you enjoy playing board games, be sure to support these companies! \
We hope you enjoyed this article. If you have any questions or comments, please feel free to reach out to us. We would love to hear from you!