Card and dice bags are very cost effective personalized packaging product manufactured to meet demands of casino gaming industry. The main driving factor for the card and dice bags market is the increasing need for customized packaging solutions in the gaming industry to systematically improve the gaming system. The Card and dice bags market has a huge potential to grow but still, it is not developed to an expected level. At present, there are only a few companies which manufactures card and dice bags.
New and experienced manufacturers can invest in this market to reap lucrative benefits. Card and dice bags are available in different shape and size to fulfill consumer demands with flexibility and convenience. The cost of raw material used for manufacturing of card and dice bags is dynamic in nature, which may diminish its growth prospects.
The global card and dice bags market is segmented across following regions- Asia-Pacific, Eastern Europe, Western Europe, North America, Latin America, Middle East and Africa. The Casino gaming is very popular in the United States, it contributes around 0.50% of GDP of the country. Las Vegas alone generates 6-7 Billion dollars of revenue from casino gaming market in the United States.
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So the demand for card and dice bags is comparatively higher in North America. After the North America, Asia-Pacific is the second largest gaming market in the world and is still growing at a higher compound annual growth rate than North America, reflects an increased demand for card and dice bags in this region which creates a lucrative opportunity for the investors.