PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1401354
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1401354
Global Billiards and Snookers Equipment Market is valued at approximately USD 324.75 million in 2022 and is anticipated to grow with a healthy growth rate of more than 2.93% over the forecast period 2023-2030. Billiards and snooker is a game played on a table with pockets. For playing this game equipment such as pool table, cue sticks, balls, and chalk are required. Additional props such as chalk, rests, extensions, cue bridges, rest head adaptors, spiders, hook rests, and swans are also used. Tables prevent balls from rebounding off cushions. The two main components of a billiards or pool table are balls and cues, which are used to hit the balls with sticks and score points. It is anticipated that the market for billiards and snooker equipment will expand due to the growing interest in cue sports and leisure activities, the emergence of grassroots programs, and the efforts of various associations to encourage the sport. Furthermore, the billiards and snooker equipment industry is expected to grow due to the popularity of cue sports and recreational activities, as well as an increase in grassroots programs in schools, colleges, and clubs. Additionally, various associations promoting the sport will contribute to this growth.
However, the long product replacement cycle and the popularity of virtual gaming can restrict market growth, and fluctuations in raw material prices can pose a challenge. During the forecast period, we can expect to see new opportunities arise as billiards and snooker equipment continues to be modernized. This progress and advancement could potentially lead to exciting changes in the industry.
The key regions considered for the Global Billiards and Snookers Equipment Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominates the market where the sport is promoted through various associations and there is a strong interest in cue sports and recreational activities. Support from various governing bodies such as the United States Billiard Association (USBA) is further propelling the demand for billiards and snooker equipment across the region. Moreover, the Asia-Pacific region is experiencing the fastest growth due to the high demand for cue sports and recreational activities. The billiard and snooker equipment market report also provides a detailed analysis of each country's market, including factors that impact trends and changes in regulations. When predicting market trends for different countries, several key factors are also considered, such as the amount of goods consumed, production sites and volumes, import and export data, price trends, and the expenses of raw materials.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with a detailed analysis of the competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
List of tables and figures and dummy in nature, final lists may vary in the final deliverable