Registering a CAGR of 5.6% over the forecast period, the market value of Billiards Tables is expected to reach US$ 283.2 million in the year 2027.
Billiards Tables Market Overview
The growing popularity of cue sports and other recreational activities is one of the key factors facilitating the market growth. Furthermore, the growing number of official academics is positively influencing the global demand for Billiards Tables. As a result, numerous governing bodies and private associations are promoting pool and assisting through coaching programs, driving the market growth.
Furthermore, in order to broaden their customer base and increase overall sales, leading market players are designing and offering customized pool tables in response to the growing trend of customization. They are also implementing online retail strategies in order to reduce production costs, increase margins, and obtain consistent customer feedback.
The report aspects discussed the profile of the top manufacturers of the global Billiards Tables market. These aspects include the financial status of major companies, trending advancements and the entire market scenario. Growth of the report has examined Billiards Tables Market production, demand and growth potential, geographic analysis, as well as current market developments in various regions and countries.
Who are the Major Players in the Billiards Tables Market?
The global Billiards Tables includes the identification and analysis of the various market participants competing in the global market. Prominent competitors include Xingpai, Chevillotte, Shender, Brunswick Billiards, GLD Products, Riley, Loontjens Biljarts, American Heritage, Olhausen Billiards, Billards Bréton, René Pierre, Legacy Billiards and others.
Industry News and Updates:
Xingpai introduces the Children’s pool table
July 14, 2020-- Xingpai launched a childrens pool table. It is of length and height that meet the needs of children and the ball and cue is one size smaller. It has no sharp edges and corners; all four sides are rounded. The steel frame is a special design of single folding, and there are mortise locks. It has small wheels, which can be moved, folded, and take up no space like other partners. The feet can be adjusted in height.
What are the major Applications, Types, and Regions for the Billiards Tables Market?
The market is segmented based on the type, applications, companies, and regions.
By Type, it is segmented into
- Snooker Billiards
- American Pool Table
- English Pool Tables
- European Pool Table
By Application, it is segmented into
- Professional Competition
- Leisure and Entertainment
Market Drivers
- Growing demand from commercial end-users: The growing popularity of cue sports for entertainment and leisure, such as billiards, pool, and snooker, has encouraged sports halls, recreational centres, and clubs to install these games for consumers, driving the pool tables market growth.
- Government efforts to promote the sport
- Significant R&D investments by manufacturers
Market Restraints
- High pool table prices: The cost of raw materials used to manufacture pool tables, such as slate, wood, and fabric, is volatile, affecting the final product's price.Furthermore, most manufacturers charge additional fees for pool table delivery and assembly, raising the pool table's cost to the consumer.
Billiards Tables Market Regional Analysis
During the forecast period, Asia-Pacific is expected to be the fastest-growing regional market for pool tables. The rise of e-commerce and organised retail chains, as well as the growing popularity of cue sports in countries such as India, are driving the pool table market forward.
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Middle East & Africa
- Latin America
The Billiards Tables Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type, and segment. It focuses extensively on revealing a detailed regional analysis. The Global Billiards Tables Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
What is our Billiards Tables Market report scope?
Scope of the Report covers Billiards Tables Market with a detailed analysis of the overall scenario for the market. It also highlights the business participants’ environment in the global marketplace. This report also provides an overview of leading companies covering the latest successful marketing strategies, market contributions, current and historical background, and latest market happenings to help key organizations to grow and generate larger profits. Business players will greatly benefit from this Billiards Tables Market analysis report as it has vital details to provide about regional markets and expected opportunities for the prediction time period 2022-2027. Growth between segments is used to understand the different growth factors that are expected to dominate the market as a whole and to develop strategies to differentiate between key applications and target markets. It further reveals how the worldwide market is working through efficient information graphics.
Report Attributes
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Report Details
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Report Title
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Billiards Tables Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Xingpai, Chevillotte, Shender, Brunswick Billiards
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Forecast Period 2022 to 2027 CAGR
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CAGR of 5.6% over the forecast period (2022-2027)
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By Type
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- Snooker Billiards
- American Pool Table
- English Pool Tables
- European Pool Table
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By Application
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- Professional Competition
- Leisure and Entertainment
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By Companies
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Xingpai, Chevillotte, Shender, Brunswick Billiards, GLD Products, Riley, Loontjens Biljarts, American Heritage, Olhausen Billiards, Billards Bréton, René Pierre, Legacy Billiards
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Regions Covered
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- North America
- Europe
- Asia-Pacific
- Rest of the World
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Countries Covered
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- US
- Canada
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa
- Latin America
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Base Year
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2022
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Historical Year
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2017 to 2021
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Forecast Year
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2022 to 2027
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Number of Pages
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116
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Customization Available
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Yes, the report can be customized as per your needs
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Key Takeaways from this Billiards Tables Report
- Evaluate Billiards Tables market potential through analyzing growth rates (CAGR %), Volume (Units), and Value ($M) data given at the country level - for product types, end-use applications, and different industries verticals.
- Understand the different dynamics influencing the market - growth driving factors, specific challenges, and hidden opportunities.
- Get in-depth insights on your competitor’s performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis, and more.
- Analyze the sales and distribution channels across geographies to enhance top-line revenues.
- Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies to your processes.
- Get a quick outlook on the Billiards Tables market entropy – M&As, deals, partnerships, and product launches of all key players for the past 5 years.
- Evaluate the import-export statistics, supply-demand, and competitive landscape for more than the top 20 countries globally for the market.
Frequently Asked Questions
What is the study period of this market?
The Billiards Tables Market is studied from 2017 - 2027.
What is the growth rate of the Billiards Tables Market?
The Billiards Tables Market is growing at a CAGR of 5.6% over the next 5 years.
Who are the key players in Billiards Tables Market?
Xingpai, Chevillotte, Shender, Brunswick Billiards, GLD Products, Riley, Loontjens Biljarts, American Heritage, Olhausen Billiards, Billards Bréton, René Pierre, Legacy Billiards
What regions does this Billiards Tables Market report cover?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Billiards Tables Market?
Snooker Billiards, American Pool Table, English Pool Tables, European Pool Table
What are the major end-use applications of Billiards Tables Market?
Professional Competition, Leisure and Entertainment
All our reports are custom made to your company’s needs to a certain extent, we do provide 5 free consulting hours along with the purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
