Pool Tables Market Report Leading Key Players, Industry Segments, Business Trends and Growth by Forecast to 2030
Market Dynamics
According to the MRFR reports, the global Pool Tables Market
Size is likely to attain a over USD 0.32 Billion by the end of 2030 while
flourishing at a healthy CAGR of over 5.80% during the forecasted era.
With an increasing number of official academies being
developed around the world, the quality of snooker facilities continues to
improve. One of the main trends behind global billiards and snooker equipment
sales is the increase in the number of grassroots initiatives in schools, universities,
and clubs. Various governing bodies and organisations have contributed
significantly to the promotion of billiards and snooker as a sport. The growing
popularity of cue sports like billiards, pool, and snooker for entertainment
and leisure has prompted sports halls, recreational centres, and clubs to
install these games for customers, propelling the pool tables industry forward.
The competition has been more consolidated as a result of the
participation of various international and regional players. Manufacturers such
as Olhausen Billiard MFG, Inc. also sell personalized pool tables that are
tailored to the buyer's specifications. Other big pool table manufacturers
include Diamond Billiard Products Inc., Valley Sports L.L.C., Beijing Xingpai
Weiye Sporting Goods Co., Ltd., and Valley-Dynamo, Inc. Thanks to their diverse
product lines, high quality, aggressive pricing, and broad market presence,
these foreign companies dominate the market. Pool Tables Market Research dynamics are being driven by the the
popularity of cue sports and leisure activities. The high prices of pool
tables, on the other hand, are limiting the market's expansion. Few
manufacturers, such as Blatt Billiards Corp. in the United States, sell
handcrafted and custom-made pool tables for residential and industrial use.
During the forecast era, the global pool tables market is expected to rise due
to the introduction of personalized goods. The price of raw materials used to
make pool tables, such as slate, wood, and cloth, is unpredictable, impacting
the finished product's price. Furthermore, most pool table suppliers bill extra
for shipping and installation, increasing the pool table prices for the
customer.
Segmental Analysis
By type, the Pool Tables Market Report has been segmented into American
pool tables, English pool tables, and others.
By size, the Pool Tables Market report has been segmented nit
o7 ft, 8 ft, 9 ft, and others. Bar style pool tables, also known as 7 foot pool
tables, are used in pubs, recreational clubs, and amateur leagues. Cue sports
like billiards, pool, and snooker increase attention and concentration while
also improving cognitive abilities, so customers, mostly teens, enjoy playing
these games at the aforementioned establishments. The category is projected to
expand due to a rise in the number of sports halls and sporting clubs in
developing countries such as the United States and Germany.
The Pool Tables Market Research has been divided into three
categories based on end-use: household, industrial, and technical. Household
apps are growing due to the use of personalized or hand-crafted pool tables for
a variety of purposes. In recent years, the need for personalized pool tables
has increased due to the need to conserve space and the need to use pool tables
for storage. Aside from that, the industry is being driven by the need for
handcrafted, antique pool tables for home décor. Blatt Billiards Corp., a pool
table retailer located in the United States, for example, has a large selection
of dining pool tables, vintage pool tables, and handcrafted marble pool tables.
These trends are expected to boost demand for pool tables in the coming years.
Regional Analysis
During the study era, Asia-Pacific is expected to be the
fastest-growing regional market for pool tables. The demand for pool tables is
growing due to the rise of e-commerce and integrated retail chains, as well as
the rising popularity of cue sports in countries like India. Latin America, on
the other hand, will rise at a modest pace in the coming years. In the coming
years, development in the Middle East and Africa would be sluggish.
The region's demand for billiards and snooker equipment is
expected to rise due to a strong penetration of cue sports and various leisure
activities, as well as numerous associations promoting the sport. The demand
for billiards and snooker equipment in the area is being boosted by favorable
funding from numerous regulatory bodies such as the United States Billiard Association
(USBA). The industry's main players are implementing online shopping plans to
cut prices and boost margins, which should favor the Pool Tables Market
Research report over the projected period.
Competitive Analysis
The notable players are Olhausen Billiard MFG, Inc. (US),
Diamond Billiard Products Inc. (US), Rene Pierre (France), Chevillotte
(France), Brunswick Billiards (US), S. Billiard & Pool Table (India),
Legacy Billiards (US), Valley-Dynamo, Inc. (US), Blatt Billiards Corp. (US),
Imperi, l International (US), Gabriels Billiards (Belgium), Riley England (UK),
American Heritage Billiards (US), Maestro Nitschke Kozakiewicz General
Partnership (Poland), and Beijing Xingpai Weiye Sporting Goods Co., Ltd.
(China).
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