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Pool Table Market: Current Analysis and Forecast (2021-2027)

Region:Global

Author(s):

Product Code:UMCG21673

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Published on

January 2022

Total pages

229

Table of Content

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About the Report

About the Report

A surge in the end user's disposable income is one of the leading factors that is contributing to the growing market of the pool table, globally. Rising purchasing power in developing countries such as Australia, EU, Mexico, Brazil, India, Thailand, and China are projected to allow consumers to spend more on luxury items for entertainment including pool tables. As per OCED, the household spending in Canada, China, Denmark, European Union, France, and Germany reached to 1,021,459.5, 9,241,095.5, 139,229.8, 10,785,281.3, 1,561,879.9 and 2,288,541.1 USD million, respectively. Also, the rising purchasing power is leading to the growing investment in the properties such as houses, villas, and other kinds of residentials, which is contributing to the growing demand for pool tables.
Also, a rise in the construction sector especially the construction of commercial buildings, and houses are leading to the growth of the pool table market. As per Global Construction Perspectives and Oxford Economics, the Global construction market is to grow USD8 trillion by 2030. As per United Nations, By 2018, the number of cities with at least 1 million inhabitants had grown to 548 and in 2030, a projected 706 cities will have at least 1 million residents. The promulgating luxury spending is also acting as a growth catalyst to the industry. As per American Express Luxury Spend Analysis 2018., the growth in luxury spending is now moving beyond the three metros (Delhi, Mumbai, and Bangalore). Kolkata, Chennai, Pune, and Hyderabad have emerged as new centers of luxury consumption. The growth in luxury spending in India is 30 times more in tier 2 cities as compared to tier 1 cities.
Moreover, emerging number of international tourists also leads to the growing demand for pool tables from the hospitality sector. As per the World Bank, the number of international tourists reached 2.28 billion in 2019, up from 1.96 billion in 2015. The number of international departures more than doubled between 1997 and 2017, from 687 million to 1.57 billion per annum. Moreover, the number of hotel rooms globally had risen by 17.7% since 2008 to 17 million in 2018. These rooms were in more than 184,000 hotels, a rise of 8.4% from 2008 levels.
Based on type, the market is fragmented into an American pool table, British pool table. The American pool table segment grabbed the major market share in 2020 and dominated the market. The American poll table is larger and its dimensions, therefore, are the first preference of the Britishers. However, the demand for the British pool table would witness a significant rise due to growing demand owing to the low price as compared to the American table.
Based on material, the market is fragmented into Slate Pool tables, Wooden Pool Table, Metallic Pool Table, and Others. The slate pool tables segment grabbed the major market share and dominated the market in 2020. The market of this segment would reach USD XX Mn by 2027. Owing to its flatness and its sheer weight, the manufacturers are manufacturing slate pool tables.
Based on the end-use, the market is fragmented into Residential, Commercial, and Professional. The specialty store segment grabbed XX% market share and captured USD XX Mn market in 2020. However, the online store segment would witness the robust CAGR during the forthcoming years.
Based on the distribution channel, the market is fragmented into supermarkets/hypermarkets, Online Stores, Specialty Stores, and Others. The specialty store segment grabbed XX% market share and captured USD XX Mn market in 2020. However, the online store segment would witness the robust CAGR during the forthcoming years.
For a better understanding of the market adoption of the Pool Table Market, the market is analyzed based on its worldwide presence in the countries such as North America (the United States and Canada), Europe (Germany, France, Italy, Spain, United Kingdom, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea, and Rest of APAC), and Rest of World. North America constitutes a major market for the Pool Table Market industry and generated revenue of USD XX Million in 2020 owing to the emerging demand for Pool Tables from the healthcare sector in the region.
Some of the major players operating in the market are American Heritage Billiards LLC, Beijing Xingpai Group, Blatt Billiards, Brunswick Corporation, Connelly Billiards Tucson, Diamond Billiard Products Inc., Gold Standard Games Inc., Legacy Billiards, Plank and Hide Co., Valley-Dynamo Inc, etc. Several M&As along with partnerships have been undertaken by these players to develop Pool Table across the globe.

Products


Companies

American Heritage Billiards LLC, Beijing Xingpai Group, Blatt Billiards, Brunswick Corporation, Connelly Billiards Tucson, Diamond Billiard Products Inc., Gold Standard Games Inc., Legacy Billiards, Plank and Hide Co., Valley-Dynamo Inc

Table of Contents

Table of Contents

1 MARKET INTRODUCTION

1.1. Market Definitions

1.2. Limitation

1.3. Stake Holders

1.4. Currency used in Report

2 RESEARCH METHODOLOGY OR ASSUMPTION

2.1. Research Process of the Pool Table Market

2.2. Research Methodology of the Pool Table Market

2.3. Forecasting Method

2.4. Respondent Profile

2.5. Main Objective of the Pool Table Market Study

3 MARKET SYNOPSIS

4 EXECUTIVE SUMMARY

5 GLOBAL POOL TABLE MARKET COVID-19 IMPACT

6 GLOBAL POOL TABLE MARKET REVENUE, 2019-2027F

7 MARKET INSIGHTS BY TYPE

7.1. American pool table

7.2. British pool table

8 MARKET INSIGHTS BY MATERIAL

8.1. Slate Pool Table

8.2. Wooden Pool Table

8.3. Metallic Pool Table

8.4. Others

9 MARKET INSIGHTS BY END-USE

9.1. Residential

9.2. Commercial

9.3. Professional

10 MARKET INSIGHTS BY DISTRIBUTION CHANNEL

10.1. Supermarkets and Hypermarkets

10.2. Specialty Stores

10.3. Online Stores

10.4. Others

11 MARKET INSIGHTS BY REGION

11.1. North America Pool Table Market

11.1.1. United States

11.1.2. Canada

11.1.3. Rest of North America

11.2. Europe Pool Table Market

11.2.1. United Kingdom

11.2.2. Germany

11.2.3. France

11.2.4. Italy

11.2.5. Spain

11.2.6. Rest of Europe

11.3. Asia Pacific Pool Table Market

11.3.1. China

11.3.2. Japan

11.3.3. India

11.3.4. Australia

11.3.5. South Korea

11.3.6. Rest of Asia Pacific

11.4. Rest of World Pool Table Market

12 POOL TABLE MARKET DYNAMICS

12.1. Market Drivers

12.2. Market Challenges

12.3. Impact Analysis

13 POOL TABLE MARKET OPPORTUNITIES

14 POOL TABLE MARKET TRENDS

15 LEGAL & REGULATORY FRAMEWORK

16 DEMAND AND SUPPLY SIDE ANALYSIS

16.1. Demand Side Analysis

16.2. Supply Side Analysis

16.2.1. Top Product Launches

16.2.2. Top Business Partnerships

16.2.3. Top Business Expansions, Investments and Divestitures

16.2.4. Top Merger and Acquisitions

17 VALUE CHAIN ANALYSIS

18 COMPETITIVE SCENARIO

18.1. Competitive Landscape

18.1.1. Company Shares, By Revenue

19 COMPANY PROFILED

19.1. American Heritage Billiards LLC

19.2. Beijing Xingpai Group

19.3. Blatt Billiards

19.4. Brunswick Corporation

19.5. Connelly Billiards Tucson

19.6. Diamond Billiard Products Inc.

19.7. Gold Standard Games Inc.

19.8. Legacy Billiards,

19.9. Plank and Hide Co.

19.10. Valley-Dynamo Inc

20 DISCLAIMER

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