Press release
Pool Tables Market 2025 Trends: Predicted to Grow at a CAGR of 5.4% from 2021 to 2028, Report
As per the report published by Allied Market Research, the global pool tables market was pegged at $214.1 million in 2020, and is estimated to reach $291.6 million by 2028, growing at a CAGR of 5.4% from 2021 to 2028.Rise in infrastructure development projects and government initiatives, increase in demand for recreational activities, and popularity of indoor games drive the growth of the global pool tables market. However, high price of pool tables and initial cost of manufacturing of pool tables hinder the market growth. On the contrary, surge in demand from developing countries and rise of the e-commerce platforms are expected to open lucrative opportunities for the market growth in the future.
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The global pool tables market is segmented on the basis of type, material, end use, distribution channel, and region. Based on type, the American pool table segment held the lion's share in 2020, accounting for more than half of the market. Moreover, the segment is estimated to register the highest CAGR of 5.6% during the forecast period.
On the basis of distribution channel, the specialty stores segment held the largest share in 2020, contributing to more than one-third of the market. Moreover, the segment is projected to manifest the highest CAGR of 6.6% from 2021 to 2028.
The global pool tables market is analyzed across several regions such as North America, Europe, Asia-Pacific, and LAMEA. The market across North America held the largest share in 2020, contributing to more than one-third of the market growth. Moreover, the region is estimated to register the highest CAGR of 5.9% during the forecast period.
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Key Benefits For Stakeholders
This report provides a quantitative analysis of the current trends, estimations, and dynamics of the global pool tables market from 2021 to 2028 to identify the prevailing market opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global industry.
The market player positioning segment facilitates benchmarking while providing a clear understanding of the present position of the key market players.
The report includes analyses of the regional as well as global market, key players, market segments, application areas, and growth strategies.
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The global pool tables market includes an in-depth analysis of the prime market players such as Beijing Xingpaiweiye Sports Goods Co. Ltd
American Heritage Billiards
Brunswick Billiards
Blatt Billiards
Imperial International
Gabriels Billiards
Olhausen Billiard Mfg. Inc.
Legacy Billiards
Riley England
Valley Dynamo Inc.
Know More- https://www.einpresswire.com/article/771931641/pool-tables-market-2025-trends-predicted-to-grow-at-a-cagr-of-5-4-from-2021-to-2028-report
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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