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Billiards Market Share 2022: Global Trends, Key Players, Industry Analysis and Forecast to 2028

06-02-2022 12:07 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Reports

The billiards market is anticipated to grow at a significant CAGR of 2.7% during the forecast period (2022-2028).

With an increasing number of formal academies being established across the globe, the caliber of billiards facilities continues to develop. One of the key factors boosting the global billiards market is the increase in the number of grassroots programs in schools, colleges, and clubs. World Disability Snooker, the World Women's Snooker Tour, and Cue Zone into Schools are all gaining traction due to authorized coaching programs. Various governing organizations and groups also contributed significantly to the promotion of billiards as a sport.

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The global billiards market is segmented based on the type and application. Based on the type, the market is sub-segmented into snooker billiards, American pool tables, English pool tables, and European pool tables. Among these types, the snooker billiards segment is expected to propel the growth of the market due to the increasing demand for billiards globally. Based on the application, the market is sub-segmented into professional competition and leisure & entertainment.

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The market players are also contributing significantly to the market growth by adopting various strategies, including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, to stay competitive in the market. For instance, in May 2021, the Bugatti Pool Table, which embodies the greatest attributes of the super sports vehicles built in Molsheim, has been added to the Bugatti Lifestyle collection. The officially approved Pool Table, created in collaboration with IXO, designers, and specialists in carbon fiber product building, is a must-have for every Bugatti enthusiast. The Pool Table, true to the Bugatti brand, employs cutting-edge technology to offer it an advantage over competitors. In the case of installation aboard a boat, an optional servo-driven system uses a gyroscopic sensor to level the table. Each leg may move independently to adjust for ship movement while remaining perfectly level. The system may adapt in less than 5 milliseconds, and the movement takes less than a second to complete.

A full report of Global Billiards Market is available at: https://orionmarketreports.com/billiards-market/111291/

Market Coverage
• The market number available for - 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
o By Type
o By Application

• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World

• Competitive Landscape- Brunswick Corp., Diamond Billiard Products Inc., H. Betti Industries Inc., Birmingham Billiards Ltd., Yalin International Billiard Goods, Snooker & Pool Table Company Ltd., Kaldera Billiards, and Fury, among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Billiards Market Report by Segment

By Type
• Snooker Billiards
• American Pool Table
• English Pool Tables
• European Pool Table

By Application
• Professional Competition
• Leisure & Entertainment

Media Contact:

Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404

About Us:

Orion Market Reports (OMR) endeavors to provide an exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and the most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.

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