Darts Market: Challenges, Opportunities, and Growth Drivers and Major Market Players forecasted for period from 2028

By | April 9, 2024

According to TechSci Research report, “Global Darts Market – Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028”, the Global Darts Market stood at USD 512.18 million in 2022 and is anticipated to grow with a CAGR of 8.2% in the forecast period, 2024-2028. The global darts market has experienced remarkable growth and transformation, evolving from a traditional pub pastime to a thriving industry with international appeal. The roots of modern darts can be traced back to the United Kingdom, where it gained popularity in the late 19th century. Since then, the game has expanded its reach globally, with Europe emerging as a significant hub for darts enthusiasts, both in terms of player talent and market dynamics.

Darts, with its simple yet engaging gameplay, became a mainstay in British pubs, providing patrons with a social and competitive activity. The game’s popularity in the United Kingdom laid the foundation for its global journey. Over time, darts has transcended its humble origins to become a professional sport, complete with leagues, tournaments, and a dedicated fan base.

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Europe, particularly the United Kingdom, the Netherlands, Germany, and Scandinavia, has played a pivotal role in shaping the global darts landscape. The continent boasts a thriving competitive scene, highlighted by prestigious tournaments like the Professional Darts Corporation (PDC) World Darts Championship. The PDC, established in 1992, revolutionized the sport, introducing a more lucrative and professional platform for players.

Major darts tournaments, often held in Europe, serve as focal points for the global community. The PDC World Darts Championship, hosted annually at Alexandra Palace in London, stands as one of the sport’s premier events. The tournament attracts top players from around the world, contributing to the internationalization of darts. Players like Phil Taylor, Raymond van Barneveld, and Michael van Gerwen have become household names, elevating the sport’s profile and inspiring a new generation of enthusiasts.

The darts market has undergone significant transformation, spurred by the sport’s growing popularity and a dynamic consumer landscape. Europe, with its deep-rooted darts culture, has become a key player in shaping market trends. Manufacturers and retailers in the region have capitalized on the demand, offering a diverse range of darts equipment to cater to both amateur and professional players.

The European market has been at the forefront of product innovation in the darts industry. Manufacturers continually strive to enhance the quality and design of darts equipment, including boards, barrels, shafts, and flights. Technological advancements, such as the use of high-performance materials and precision engineering, have elevated the playing experience. Additionally, customization options, allowing players to tailor their equipment to individual preferences, have become increasingly popular.

The passionate fan base for darts in Europe has contributed significantly to the sport’s global appeal. Major tournaments draw large crowds, creating a vibrant atmosphere in arenas that adds to the spectacle. The role of broadcasting, both traditional and digital, cannot be understated. Televised broadcasts of darts tournaments garner millions of viewers worldwide, providing a platform for sponsors and advertisers to reach a diverse and engaged audience.

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The rise of online retail has played a pivotal role in expanding the reach of the darts market. E-commerce platforms provide enthusiasts with access to a vast array of products, from basic starter sets to high-end, specialized equipment. This global accessibility has facilitated the exchange of ideas and styles among players from different regions, contributing to the diversification of playing techniques and strategies.

While the global darts market has experienced significant growth, it also faces challenges. The COVID-19 pandemic, for instance, disrupted the regular schedule of tournaments and impacted player incomes. However, it also accelerated the adoption of virtual and remote formats, showcasing the adaptability of the sport. The industry’s future success will depend on its ability to navigate such challenges while capitalizing on emerging opportunities, including the exploration of new markets and the integration of technology for fan engagement.

The global darts market is segmented into type, application, regional, and company.

Based on the type, the soft tip darts segment emerged as the dominant player in the global darts market. One key factor driving the dominance of soft tip darts is the increased emphasis on safety and accessibility. Soft tip darts, as opposed to their steel tip counterparts, feature a plastic or rubber tip, making them safer for recreational play, especially in settings like homes and entertainment venues. This safety aspect has broadened the appeal of darts, attracting a more diverse audience that includes families and casual players.

Based on region, Europe has a significant share of the global darts market. European manufacturers have played a pivotal role in shaping the global darts market. The region is home to some of the industry’s leading manufacturers, producing high-quality darts and associated equipment. European craftsmanship is often synonymous with precision and innovation, contributing to the overall appeal and competitiveness of European-made darts products.

Major companies operating in global darts market are:

  • Harrows
  • Target
  • Winmau
  • Bottelsen
  • Shot!
  • DMI Sports
  • Laser Darts
  • Dart World
  • British Darts
  • One 80

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“The global darts market has evolved into a dynamic and thriving industry, with Europe playing a central role in its development. From its historical roots in British pubs to the international stage of professional tournaments, darts has captivated audiences and created a robust market for equipment and merchandise. As the sport continues to grow in popularity and accessibility, the global darts market is poised for continued expansion, presenting both challenges and opportunities for stakeholders across the industry.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.

Darts Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Soft Tip Darts, Steel Tip Darts), By Application (Amateur, Professional), By Region, By Competition, 2018-2028, has evaluated the future growth potential of global darts market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in global darts market.

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