The pool tables market has experienced notable growth, rising from $1.34 billion in 2023 to $1.43 billion in 2024, with a CAGR of 6.4%. This growth is driven by the popularity and cultural influence of cue sports, effective marketing and promotion, and the expansion of tournament play. The market is projected to continue its growth, reaching $1.84 billion by 2028, with a CAGR of 6.6%. This forecasted growth is supported by the increasing popularity of home entertainment, rising disposable incomes, the competitive sport of billiards gaining traction, endorsements from pool players and celebrities, and customization options for personal and commercial use. Major trends include the use of sustainable materials, compact and multi-functional designs, luxury and high-end materials, outdoor and weatherproof options, and innovations in design and digital transformation.
Major Driver In The Pool Tables Market
The increasing participation in swimming activities is expected to propel the growth of the pool cleaning and maintenance services market. With rising health awareness and a growing preference for recreational and fitness activities, swimming is becoming more popular. According to Sport England’s Active Lives Adult Survey, participation in swimming activities in England rose from 1.8 million in 2021 to 3.8 million in 2022. This increase in swimming involvement is expected to drive the demand for pool cleaning and maintenance services through 2024 and 2028.
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Pool Tables Market Competitive Landscape
Escalade Sports Inc., CHEVILLOTTE, OLHAUSEN BILLIARD MFG INC., American Heritage Billiards LLC, Jai Balaji Billiards, Legacy Billiards, EastPoint Sports, Blatt Billiards, Canada Billiard, Sharma Billiard Accessories, Vinex Enterprises Private Limited, Riley England, Plank & Hide Co., Imperial International, Beach Billiards, Gabriels Billiards, Billard Toulet, Fusiontables, RASSON, Diamond Billiard Products INC.
Key Pool Tables Market Trend
Companies in the pool tables market are pushing boundaries with technological advancements such as gyroscopic self-leveling sensors that automatically adjust the table’s legs. This innovation is particularly notable in the luxury segment. In May 2021, Bugatti, a prestigious French automobile company, introduced the Bugatti Carbon Fiber Pool Table equipped with a gyroscopic self-leveling sensor. This feature enables the table to quickly adjust its legs in response to yacht movements, ensuring stable and silent play. The table’s luxurious design, including a Bugatti logo and limited-edition plaque, sets a new standard in high-end pool tables.
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Pool Tables Market Segmentation
The pool tables market covered in this report is segmented –
1) By Type: American Pool Tables, English Pool Tables, Other Types
2) By Material: Slate Pool Table, Wooden Pool Table, Metallic Pool Table, Rubber Pool Table
3) By Size: 7 Ft., 8 Ft., 9 Ft., Other Sizes
4) By End Use: Household, Commercial, Professional
5) By Distribution Channel: Super markets And Hyper markets, Specialty Stores, Online Stores, Other Distribution Channels
By Geography:The regions covered in the pool tables market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
North America was the largest region in the pool tables market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period.
The Pool Tables Global Market Report 2024 furnishes information about the global pool tables market, encompassing details like market size, projections for growth, segmentation across various sectors and regions, and an overview of competitors, including their revenues, profiles, and market shares. Furthermore, the report pinpoints potential opportunities and strategic directions derived from market trends and the strategies adopted by key competitors. The report also offers an assessment of how the COVID-19 pandemic, the Russia-Ukraine conflict, and increasing inflation have affected both global and regional markets, furnishing valuable strategic insights for businesses.
