Table Tennis Footwear Market by Playing Surface, Gender, Material, Distribution Channel

List of Tables

[186 Pages Report] The Table Tennis Footwear Market size was estimated at USD 3.03 billion in 2023 and expected to reach USD 3.20 billion in 2024, at a CAGR 5.95% to reach USD 4.54 billion by 2030.

Table tennis footwear refers to specialized shoes designed explicitly for table tennis players, and they cater to the unique requirements of table tennis athletes in terms of support, stability, comfort, and performance on the court. Table tennis footwear finds application in various settings, such as international and national competitions, regional tournaments, clubs and training centers, schools and colleges, community recreation programs, and private use at home. With a rising number of consumers opting for online shopping, the adoption of shows for table tennis has become more convenient. However, the proliferation of counterfeit products in some regions has a detrimental effect on consumer trust and brand reputation. Market players are working on improving their marketability and expanding their distribution channels to ensure fair and enhanced provision of their footwear products. Advancements in materials science have led to innovations such as lightweight materials with enhanced durability properties, thus providing manufacturers with new avenues for product differentiation within the table tennis footwear category.

KEY MARKET STATISTICS
Base Year [2023]	USD 3.03 billion
Estimated Year [2024]	USD 3.20 billion
Forecast Year [2030]	USD 4.54 billion
CAGR (%)	5.95%

Regional Insights

In the Americas, there is an increasing interest in adopting this sport professionally in countries such as the United States and Canada, propelling the use of table tennis shoes. Established sports brands dominate the Americas market for multi-purpose indoor sports shoes catering to table tennis players. In Asia, local manufacturers dominate production primarily due to their extensive experience producing performance-oriented shoes specifically designed for table tennis. Asia is a major production base for international companies, and the regional players have been producing high-performance shoes designed specifically for table tennis athletes to stay competitive. Table tennis' semi-professional nature in Europe has driven growth in niche markets that cater to advanced amateur players seeking specialized equipment. These companies leverage their understanding of European consumers' preferences and requirements to create tailored products that suit local athletes' demands.

Market Insights

Market Dynamics

The market dynamics represent an ever-changing landscape of the Table Tennis Footwear Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

Market Drivers
- Rising number of sporting events and the growing popularity of table tennis
- Increasing fashion and style trends in sports
- Growing e-commerce activities and online retailing of sports footwear

Market Restraints
- Fluctuations in the prices of materials and supply chain disruptions

Market Opportunities
- Advancements in footwear materials and manufacturing technologies
- Effective marketing for brand promotion through athlete endorsement

Market Challenges
- Prevalence of counterfeit footwear products

Market Segmentation Analysis
- Playing Surface: Introduction of high-performing shoes for hard-court table tennis
- Distribution Channel: Wide availability of diverse table tennis shoes through online channels

Market Disruption Analysis
Porter's Five Forces Analysis
Value Chain & Critical Path Analysis
Pricing Analysis
Technology Analysis
Patent Analysis
Trade Analysis
Regulatory Framework Analysis

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Table Tennis Footwear Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Table Tennis Footwear Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments

Cal Athletics Enters Into New Partnership With Nike

Cal Athletics has entered into a three-year agreement with Nike, Inc. and BSN SPORTS to ensure that student-athletes and staff can access the necessary resources to compete at the highest level. As part of this partnership, Nike, Inc. and BSN Sports planned to serve as the official providers of apparel, footwear, and equipment for all 30 sports programs [Published On: 2023-11-01]

APL Launches TechLoom Dream Sneaker With New 'Heavenly' Midsole Designed for Longer Runs

Athletic Propulsion Labs has recently launched the TechLoom Dream sneaker after investing 18 months of dedicated development. The sneakers are equipped with a responsive cushioned midsole with a rubber outsole, ensuring optimal comfort and support to enhance the overall experience further, [Published On: 2023-09-19]

Agilitas Acquires Sports Footwear Maker Mochiko Shoes for Undisclosed Sum

Agilitas Sports, an athleisure solutions platform, has acquired Mochiko Shoes, one of India's significant sports footwear manufacturers. Joining the Agilitas family propels the company's ambition to enhance investments and address rising sports and athleisure footwear demands. [Published On: 2023-09-14]

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Table Tennis Footwear Market. This critical assessment involves a thorough analysis of the organization's resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Key Company Profiles

The report delves into recent significant developments in the Table Tennis Footwear Market, highlighting leading vendors and their innovative profiles. These include Adidas AG, ANTA Sports, ASICS Corporation, Authentic Brands Group, LLC, Bowmar Sports, Brooks Sports, Inc., Columbia Sportswear Company, Diadora S.p.A., Eysom, FILA Luxembourg, S.a.r.l., H & M Hennes & Mauritz AB, Joola, Lotto Sports Italia, Lululemon Athletica Inc., Mizuno Corporation, Nike, Inc., Puma SE, SKECHERS, Inc., Sparx Sports, STIGA Sports AB, Under Armour, Inc., and Wolverine World Wide, Inc..

Market Segmentation & Coverage

This research report categorizes the Table Tennis Footwear Market to forecast the revenues and analyze trends in each of the following sub-markets:

Playing Surface
- Clay Court Tennis Shoes
- Grass Court Tennis Shoes
- Hard Court Tennis Shoes

Gender
- Kids
- Men
- Women

Material
- Leather
- Mesh
- Synthetic

Distribution Channel
- E-commerce
- Specialty Stores
- Supermarkets/Hypermarkets

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

Product Code: MRR-270D5048E4C1

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Rising number of sporting events and the growing popularity of table tennis
  - 5.1.1.2. Increasing fashion and style trends in sports
  - 5.1.1.3. Growing e-commerce activities and online retailing of sports footwear
- 5.1.2. Restraints
  - 5.1.2.1. Fluctuations in the prices of materials and supply chain disruptions
- 5.1.3. Opportunities
  - 5.1.3.1. Advancements in footwear materials and manufacturing technologies
  - 5.1.3.2. Effective marketing for brand promotion through athlete endorsement
- 5.1.4. Challenges
  - 5.1.4.1. Prevalence of counterfeit footwear products
5.2. Market Segmentation Analysis
- 5.2.1. Playing Surface: Introduction of high-performing shoes for hard-court table tennis
- 5.2.2. Distribution Channel: Wide availability of diverse table tennis shoes through online channels
5.3. Market Disruption Analysis
5.4. Porter's Five Forces Analysis
- 5.4.1. Threat of New Entrants
- 5.4.2. Threat of Substitutes
- 5.4.3. Bargaining Power of Customers
- 5.4.4. Bargaining Power of Suppliers
- 5.4.5. Industry Rivalry
5.5. Value Chain & Critical Path Analysis
5.6. Pricing Analysis
5.7. Technology Analysis
5.8. Patent Analysis
5.9. Trade Analysis
5.10. Regulatory Framework Analysis

6. Table Tennis Footwear Market, by Playing Surface

6.1. Introduction
6.2. Clay Court Tennis Shoes
6.3. Grass Court Tennis Shoes
6.4. Hard Court Tennis Shoes

7. Table Tennis Footwear Market, by Gender

7.1. Introduction
7.2. Kids
7.3. Men
7.4. Women

8. Table Tennis Footwear Market, by Material

8.1. Introduction
8.2. Leather
8.3. Mesh
8.4. Synthetic

9. Table Tennis Footwear Market, by Distribution Channel

9.1. Introduction
9.2. E-commerce
9.3. Specialty Stores
9.4. Supermarkets/Hypermarkets

10. Americas Table Tennis Footwear Market

10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States

11. Asia-Pacific Table Tennis Footwear Market

11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam

12. Europe, Middle East & Africa Table Tennis Footwear Market

12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom

13. Competitive Landscape

13.1. Market Share Analysis, 2023
13.2. FPNV Positioning Matrix, 2023
13.3. Competitive Scenario Analysis
- 13.3.1. Cal Athletics Enters Into New Partnership With Nike
- 13.3.2. APL Launches TechLoom Dream Sneaker With New 'Heavenly' Midsole Designed for Longer Runs
- 13.3.3. Agilitas Acquires Sports Footwear Maker Mochiko Shoes for Undisclosed Sum
13.4. Strategy Analysis & Recommendation

14. Competitive Portfolio

14.1. Key Company Profiles
14.2. Key Product Portfolio