Press release
Pool Table Market Growth is propelled by Increase in Popularity of Indoor Sports: Ken Research
Pool is alike to games such as billiards and snooker. It is a cue sport played on a table with six pockets. Pool is played with the ball and table. There are also a few hybrid games that combine the pool and carom billiards elements, like American four-ball billiards, bottle pool, cowboy pool, and English billiards. A pool table is a rectangular table utilized for cue sports, pool tables are utilized to play carom, billiards, pyramid, pool, or snooker. It has a flat surface made from slate that is enclosed with the cloth and surrounded by rubber cushions.According to the report analysis, 'Pool Table Market: Current Analysis and Forecast (2021-2027)' states that a surge in the end user's disposable income is one of the leading aspects that is underwriting to the augmenting market of the pool table, around the globe. The effective growth in purchasing power in developing countries such as Australia, EU, Mexico, Brazil, India, Thailand, and China are predicted to enable consumers to spend more on luxury items for entertainment involving pool tables. Also, a growth in the construction sector particularly the construction of commercial buildings, and houses are leading to the growth of the pool table market.
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Based on type, the market is classified into an American pool table, British pool table. The American pool table segment captured the foremost market share during 2020 and registered the market. The American poll table is greater and its dimensions, therefore, are the first preference of the Britishers. However, the requirement for the British pool table would witness a significant growth due to augmenting demand due to the low price as compared to the American table.
Augment in disposable income of the population and growth in number of individuals participating in indoor sports are projected to drive the global pool table market throughout the forecast period. Augment in disposable income of individuals fuels their spending on customer durables and equipment.
Augment in consumer and brand awareness concerning sports equipment is predicted to boost the requirement for premium pool tables. Augment in demand from the commercial sector due to a growth in number of sports coaching centers is probable to propel the commercial segment of the market. Requirement for pool table is projected to rise due to augmenting the popularity of cue sports and several other recreational activities as well as the countless associations promoting sports. This is predicted to boost the pool table market owing to an augment in the requirement for recreational activities during the forecast duration.
North America registered for a prominent share of the global pool table market due to an increment in popularity and augment in number of pool game participants among U.S. citizens. Growth in number of pool players in the U.S. is generating the opportunities for pool table manufacturers, which is a foremost factor propelling the pool table market in North America. Therefore, it is predicted that during the near future the market of pool table will augment more proficiently around the globe over the review duration.
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https://www.kenresearch.com/consumer-products-and-retail/sporting-equipments/pool-table-market/550606-95.html
Related Reports:-
https://www.kenresearch.com/consumer-products-and-retail/sporting-equipments/pool-tables-market/292510-95.html
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Ken Research is a research based management consulting company. We provide strategic consultancy to aid clients on critical business perspective: strategy, marketing, organization, operations and technology transformation, advanced analytics, corporate finance, mergers & acquisitions and sustainability across all industries and geographies. We provide business intelligence and operational advisory across 300+ verticals underscoring disruptive technologies, emerging business models with precedent analysis and success case studies. Some of top consulting companies and Market leaders seek our intelligence to identify new revenue streams, customer/ vendor paradigm and pain points and due diligence on competition.
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