The global Billiards and Snooker Equipment market was valued at US$ 335.2 million in 2020 and is expected to reach US$ 425.3 million by the end of 2027, growing at a CAGR of 3.4% during 2021-2027.
Billiards and snooker are popular cue sports that are played on tables covered with a cloth or baize, with pockets in each corner and in the middle of each long side. This game is played with a cue and synthetic hard balls. The aim of the game is to pocket all the balls for points. There are different types of billiards that are played using different strategies.
Rise in online sales, advent of organized retail, low cost of playing the sports for recreation are main factors contributing to the growth of market. E-retailing of various products, including billiards and snooker equipment, is gaining popularity because of it is time-saving and cost-effective. Customers do not need to go to practical store instead of shopping online. As for advent of organized retail, billiards and snooker equipment are primarily sold through organized retail chains like specialty stores and department stores. In terms of geography, the Americas dominated the global billiards and snooker equipment market during 2016 and is expected to grow rapidly during the forecasted period. Factors like established popularity of the game in the US, Canada, and Brazil and numerous associations promoting the sport in the region and across the globe are expected to spur the popularity of the market.
Global Billiards and Snooker Equipment Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Billiards and Snooker Equipment Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Brunswick Billiards, Diamond Billiard Products, Fury, Imperial International, Rileyleisure and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Find more details at: https://www.themarketreports.com/report/global-billiards-and-snooker-equipment-market-outlook
Segment by Type
- Balls and Cues
Segment by Application
- Sporting Goods Retailers
- Online Retail
- Department Stores
- Hypermarkets and Supermarkets
Table of Content:
1 Billiards and Snooker Equipment Market Overview
2 Billiards and Snooker Equipment Market Competition by Manufacturers
3 Billiards and Snooker Equipment Retrospective Market Scenario by Region
4 Global Billiards and Snooker Equipment Historic Market Analysis by Type
5 Global Billiards and Snooker Equipment Historic Market Analysis by Application
6 Key Companies Profiled
7 Billiards and Snooker Equipment Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Billiards and Snooker Equipment Market Dynamics
10 Global Billiards and Snooker Equipment Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta
Peter Barzilai is a high school pitcher and college rower turned longtime World News journalist. Peter has also written for Buzz Feed and Huffington Post and many other major publications, Peter Loves everything about sports and loves to write on trending topics and he is DailyFactsNTrends member since 2017.