Press release
Table Tennis Market Size, Key Opportunities, Strategic Assessment Forecast To 2021
Precision Business Insights published a research report on “Table Tennis Market Market: By Product Type (One Star Ball, Two Star Ball, Three Star Ball, & Others), By Application/End User (Fitness & Recreation & Match Training), and Geography - Global/Region/Country Forecast to 2027".Table tennis was invented in the United Kingdom. It's a sport that's like royal tennis in principle, but it's played indoors on a hard table by two or four players. The table is normally dark in color, with white stripes around the edges, and is divided in half by a tennis net. Table tennis is also known as Ping-Pong in various parts of the world. Table tennis' goal is to hit a lightweight, hollow, celluloid or plastic ball above the net, rebound it on the half of the court nearest to the player, and bounce it one time on the other player's side of the table in such a way that the competitor is unable to return it accurately. A little, rubber-covered wooden bat known as a racket or paddle propels the ball back and forth across the net. The game is well-known around the world, and matches are held in great numbers in most nations as a competitive sport, particularly in Europe and Asia, particularly in Japan and China.
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The International Table Tennis Federation (ITTF), the world's governing body for table tennis competitions, focuses on holding training programmes to boost regular involvement in table tennis and broaden the game's reach by increasing players' talents. During the projected period, Asia Pacific is expected to continue to lead the worldwide table tennis equipment market. Table tennis is China's national sport; hence it has a large proportion of the table tennis equipment market across the globe. The number of table tennis players in China is the largest in the world. The involvement of exceptional players in major table tennis tournaments such as the Olympic Games, World Championships, Asian Championships, and Asian Games has increased as a result of the high-quality table tennis instruction provided by Chinese coaches. Even during projected period, this is expected to drive the table tennis market in the country.
The table tennis market has been fragmented based on product, distribution channel, and region. In terms of product, the market has been categorized into racket or paddle or bat, table and ball. In terms of distribution channel, the table tennis equipment market has been divided into departmental and discount stores, specialty and sports shops, and online retail.
During the projection period, the global market would be driven by the availability of high-quality equipment. In the coming years, an increase in the number of players as well as competitions is projected to boost table tennis equipment sales. Another factor driving the global table tennis equipment market is the growing popularity of table tennis as a social sport and leisure activity in pubs and clubs, particularly in North and South America.
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There are some major players working in table tennis market, which include Shanghai Red Double Happiness Co. Ltd. Guangzhou Double Fish Sports Goods Group Co., Ltd. Nippon Takkyu Co. Ltd. Stiga Sports AB XuShaofa Sports Butterfly (Bowmar Sports) Yinhe Joola Table Tennis GmbH & Co. KG Yasaka Carnilleau Artengo (Decathlon Group)
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About Precision Business Insights:
We are a market research company that strives to provide the highest quality market research insights. Our diverse market research experts are enthusiastic about market research and therefore produce high-quality research reports. We have over 500 clients with whom we have a good business partnership and capacity to provide in-depth research analysis for more than 30 countries. In addition to deliver more than 150 custom solutions, we already have accounts with the top five medical device manufacturers.
Precision Business Insights offers a variety of cost-effective and customized research services to meet particular research requirements. We are a leading research service provider because of our extensive database built by our experts and the services we provide.
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