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The pool tables market share is expected to increase by USD 65.67 million from 2021 to 2026, at a CAGR of 5.6%.
This pool tables market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers pool tables market segmentation by type (American pool table and British pool table), material (slate pool table, wooden pool table, metallic pool table, and rubber pool table), and geography (North America, Europe, APAC, South America, and Middle East and Africa). The pool tables market report also offers information on several market vendors, including Alibaba Group Holding Ltd., BCE Distributors Ltd., Blatt Billiards, Brunswick Billiards, CHEVILLOTTE, Connelly Billiards Tucson, Diamond Billiard Products Inc., EastPoint Sports Ltd. LLC, Escalade Sports Inc., GDM Sports, Gold Standard Games, H. Betti Industries Inc., Legacy Billiards, Olhausen Billiard Mfg. Inc., Plank and Hide Co., Presidential Billiards, Rene Pierre SA, Sharma Billiard Accessories, Tanishq Billiards, and Valley Dynamo Inc. among others.
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The rising demand from APAC is notably driving the pool tables market growth, although factors such as fluctuations in raw material prices and transportation costs may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the pool tables industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Pool Tables Market Driver
Key Pool Tables Market Trend
Key Pool Tables Market Challenge
This pool tables market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
Technavio categorizes the global pool tables market as a part of the global leisure products market within the global household durables market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the pool tables market during the forecast period.
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
This statistical study of the pool tables market encompasses successful business strategies deployed by the key vendors. The pool tables market is fragmented and the vendors are deploying growth strategies such as brand, quality, and reliability to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The pool tables market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Our report provides extensive information on the value chain analysis for the pool tables market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
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36% of the market’s growth will originate from North America during the forecast period. The US is the key market for the pool tables market in North America. Market growth in this region will be slower than the growth of the market in Middle East and Africa.
The strong penetration of cue sports and various recreational activities, along with many associations promoting cue sports will facilitate the pool tables market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
COVID Impact and Recovery Analysis
In 2020, owing to the COVID-19 pandemic, vendors in the pool tables market in the region witnessed disruptions. However, in Q3 2021, COVID-related restrictions were eased, and production facilities and warehouses were reopened due to the initiation of vaccination drives. This eased the challenges of labor and raw material shortages for vendors in the region. Owing to these factors, the regional market will witness growth during the forecast period.
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The pool tables market share growth in the American pool table segment will be significant during the forecast period. due to The rising trend of customization is leading market players to design and deliver customized pool tables to broaden their customer base and enhance total sales. Vendors of the market in focus are also adopting online retail strategies to minimize production costs, increase their margins, and get customer feedback regularly. Such factors are expected to propel the growth of the American pool table segment during the forecast period.
This report provides an accurate prediction of the contribution of all the segments to the growth of the pool tables market size and actionable market insights on post COVID-19 impact on each segment.
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Pool Tables Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2021 |
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Forecast period |
2022-2026 |
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Growth momentum & CAGR |
Decelerate at a CAGR of 5.6% |
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Market growth 2022-2026 |
$ 65.67 million |
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Market structure |
Fragmented |
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YoY growth (%) |
6.27 |
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Regional analysis |
North America, Europe, APAC, South America, and Middle East and Africa |
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Performing market contribution |
North America at 36% |
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Key consumer countries |
US, China, UK, France, and Germany |
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Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
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Key companies profiled |
Alibaba Group Holding Ltd., BCE Distributors Ltd., Blatt Billiards, Brunswick Billiards, CHEVILLOTTE, Connelly Billiards Tucson, Diamond Billiard Products Inc., EastPoint Sports Ltd. LLC, Escalade Sports Inc., GDM Sports, Gold Standard Games, H. Betti Industries Inc., Legacy Billiards, Olhausen Billiard Mfg. Inc., Plank and Hide Co., Presidential Billiards, Rene Pierre SA, Sharma Billiard Accessories, Tanishq Billiards, and Valley Dynamo Inc. |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Type
6 Market Segmentation by Material
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Vendor Landscape
11 Vendor Analysis
12 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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