Chess Market Projected to Expand at 4.1% CAGR Through 2030
The Global Chess Market size was valued at around USD 2.6 billion in 2024 and is projected to reach USD 3.3 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 4.1% during the forecast period, i.e., 2025-30. The main reason behind the rise of sales of chess boards is the perception of this sport as both a Game and a hobby, and thus played regularly by people from diverse backgrounds to engage their minds and refresh them whilst increasing mental strength and intellect. Education departments within various governments have considered including chess in the study curriculum of the students, making it mandatory in various institutions. In fact, in 2011, Armenia became the first country to require chess to be a study subject. At that point, there have been several countries that have also mandated chess to be a study subject, such as Mexico, Germany, and Russia, among others. This has occurred because chess is very effective at increasing children’s mental capacity, analytics, thinking ability, and IQ, and so the increased demand for chess from this educational aspect has contributed to the increase in sales for chess services, which also includes sales of chess boards.
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Strategic Takeaways from the Report:
Chess Market Segment Overview & Classification
This market is categorized to offer targeted insights across various operational and consumer-related verticals.
Segment List:
By Product Type
Based on the type of chess set, wooden chess sets lead the market with a share of around 52%. The main reason behind this dominance is the superior characteristics of the wooden sets. They are rigid and highly durable due to which they last longer. Moreover, wooden chess boards are defined as the standard boards by regulating organizations. For instance, as per the International Chess Federation, wooden boards should be used for the competitions organized by them. Furthermore, various chess boards are made up of premium woods such as ebony, rosewood, boxwood, etc., and have excellent craftsmanship, which makes them highly popular among collectors. Therefore, due to high durability, premium designs, and worldwide acceptance, wooden chess boards dominated the market, and this dominance is expected to remain in the future years as well.
By Age Group
By Pricing
Based on the price of the chess sets, the mid-range segment leads the market with a share of around 56%. Products in this segment include budget-friendly chess boards and pieces made from better-quality materials. The main reason behind this dominance is that these chess sets are the best for beginner players, who are in their learning phase. Moreover, institutions such as schools and colleges, which buy chess sets in bulk quantities, are also inclined towards this segment due to the balance between affordability and quality. Additionally, as such sets are affordable by a wide consumer base, they are highly purchased by casual players who want to play at home while traveling, or for stress relief. Therefore, due to a balance between quality and cost, mid-range chess sets have been the most purchased sets, and the dominance of this segment is expected to remain in the coming years as well.
By Sales Channel
By Application
By End-User
By Region
Regionally, North America dominates the market with a share of around 38%, with the US as the most prominent country. This is because chess is highly promoted by various schools in this region. Moreover, organizations such as ‘Chess in the Schools’ further promote playing chess. For instance, Chess in the Schools has taught chess to more than half a million poor children in New York City to date for free of cost. This is done to improve the memory, thinking skills, and IQ of the students. Such efforts increase the popularity of chess and hence the sales of chess boards by those organizations and multiple students.
These divisions help clarify demand patterns and expected shifts.
Market Opportunities
Customized Chess Boards to Offer Lucrative Growth Opportunity – The chess boards that are designed as per the customer’s demand can provide a good growth potential for the market. This is because various people need chess sets that can match the ambiance of their homes or working spaces and act as decorative items. Moreover, such sets also suit the choice of collectors as they can control the quality of the product and get the craftsmanship they want. As a result, they will attract a lot of customers who want chess sets with their personal touches. This will boost the sales of chess boards. Therefore, offering personalized and customized chess sets will offer a good growth opportunity for the market.
Chess Market Competitive Snapshot from 2025-2030
The report highlights established and emerging players in the global Chess Market, evaluating their strengths, challenges, and potential for innovation.
Key Competitors Include:
Their activities include partnerships, product launches, and geographic expansions.
Chess Industry Prime Challenge
Rising Popularity of Digital Chess Games to Hinder the Market Growth – Online chess games and applications for smartphones and PCs are gaining popularity. For instance, chess.com is the most famous platform for online chess games, and its application has a community of more than 100 million users. This is because such applications allow users to play anywhere, anytime, and eliminate the handling of the physical chess board. These applications also provide lessons that improve playing strategies. As a result, the sales of physical chess boards decrease because people find online games a better option as they offer more convenience. Therefore, due to the convenience offered by online chess alternatives, people are continuously inclined towards them, thus decreasing the demand for chess boards and hence limiting the growth of the market.
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