Trusted Business Insights presents the Latest Study on Foosball Table Market 2019-2025. The report contains market predictions related to market size, revenue, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments of the market. It also examines the role of the leading market players involved in the industry including their corporate overview, financial summary, and SWOT analysis.
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Abstract, Snapshot, Market Analysis & Market Definition: Global Foosball Table Market
The global foosball table market size was valued at USD 168.7 million in 2018 and is projected to expand further at a CAGR of 5.0% from 2019 to 2025. Rising popularity of indoor sports activities is the key growth-driving factor for the market. Increasing popularity of table soccer across emerging economies is expected to boost the market growth from 2019 to 2025.
Moreover, foosball organizations across the globe, such as Shanghai Foosball Community, China Table Soccer Federation, and Federation of Table Soccer, India, actively conduct weekly tournaments at sports complexes, restaurants, and bars resulting in increasing popularity of the game. Key companies in the market, such as Berner Billiards, are investing more in marketing and advertisement to gain larger customer base in emerging economies.
Wood emerged as the largest material segment in 2018 and will maintain its leading position in the market throughout the forecast years. Wood is the most widely used material as it offers greater stability and sturdiness. Companies are using engineered wood as it has higher strength and is cheaper than solid wood. Furthermore, increasing concerns regarding plastic usage will drive the demand for wood-based products.
Online distribution channel segment is anticipated to expand at the fastest CAGR over the forecast period. The global market is highly competitive in nature with leading companies focusing on expanding their presence in potential markets like Asia Pacific and Middle East. Some of the key companies in the global market are Shelti, Inc.; Bonzini USA; Carrom Company; RENÃ‰ PIERRE; The Beck Companies; and Garlando Sports & Leisure.
Market Segmentation, Outlook & Viewpoint: Global Foosball Table Market
Material Market Segmentation & Outlook (Revenue, USD Million, 2014 – 2025)
Distribution Channel Market Segmentation & Outlook (Revenue, USD Million, 2014 – 2025)
Key Players, Recent Developments & Regional Insights: Global Foosball Table Market
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Offline segment held the largest market share in 2018 and will retain its position throughout the forecast period. Increasing number of retail stores, especially in emerging markets of India, China, and Brazil, is expected to support the segment growth. However, online segment is anticipated to expand at the fastest CAGR from 2019 to 2025 owing to increasing number of internet and smartphone users and rising popularity of e-commerce websites, such as Amazon.
Moreover, easy availability of a wide range of products on e-commerce sites will boost the segment growth further. In addition, online retailers offer doorstep delivery services and discounts, which is also likely to contribute to the segment development. The global market is highly fragmented where many small-scale retailers operate without having bricks and mortar store.
North America emerged as the largest regional market in 2018 and will remain dominant throughout the forecast period. The International Table Soccer Federation and United States Table Soccer Federation are spreading awareness to unify sport in the region. Asia Pacific is also anticipated to witness significant growth in the coming years on account of increasing popularity of the game in emerging countries and rising number of sports events, such as China Table Soccer Open & China Junior Table Soccer Championship. The market in Middle East & Africa is projected to expand at the fastest CAGR of 6.9% from 2019 to 2025.
Foosball Table Market Share Insights
The global market is highly competitive in nature with leading companies focusing on expanding their presence in potential markets of Asia Pacific and Middle East. Some of the prominent companies in the global market are Bonzini USA; Carrom Company; RENÃ‰ PIERRE; Shelti, Inc.; The Beck Companies; Berner Biliards; Garlando Sports & Leisure; Barron Games; Teckell; and Blue Wave Products, Inc. The market is identified by several strategic activities undertaken by these companies, such as expansions, mergers and acquisitions, and material and technological innovations.
Key Insights Covered: Global Foosball Table Market
1. North America, Europe, Asia Pacific, Middle East & Africa, Latin America market size (sales, revenue and growth rate) of Foosball Table industry.
2. Global major manufacturers’ operating situation (sales, revenue, growth rate and gross margin) of Foosball Table industry.
3. Global major countries (United States, Canada, Germany, France, UK, Italy, Russia, Spain, China, Japan, Korea, India, Australia, New Zealand, Southeast Asia, Middle East, Africa, Mexico, Brazil, C. America, Chile, Peru, Colombia) market size (sales, revenue and growth rate) of Foosball Table industry.
4. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Foosball Table industry.
5. Global market size (sales, revenue) forecast by regions and countries from 2019 to 2024 of Foosball Table industry.
Research Methodology: Global Foosball Table Market
- Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
- Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
- Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among other
Quick Read Table of Contents of this Report @ Foosball Table Market Size, Share, Global Sector / Industry Report & Analysis, 2019-2025
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