The global table tennis product market is anticipated to grow at a CAGR of 5.6% during the forecast period (2022-2028). The International Table Tennis Federation (ITTF), the global governing body for table tennis competitions, focuses on holding training programs to boost regular involvement in table tennis and broaden the game’s reach by increasing players’ talents. During the projected period, Asia Pacific is expected to continue to lead the global table tennis product market. Table tennis is China’s national sport, hence it has a large proportion of the table tennis product market in the region. The number of table tennis players in China is the largest in the globe.
The involvement of exceptional players in major table tennis tournaments such as the Olympic Games, Championships, Asian Championships, and Asian Games has increased as a result of the high-quality table tennis instruction provided by Chinese coaches. During the projected period, this is expected to drive the table tennis product market in the country. During the projection period, the global market would be driven by the availability of high-quality products. In the coming years, an increase in the number of players as well as competitions is projected to boost table tennis product sales. Another factor driving the global table tennis product market is the growing popularity of table tennis as a social sport and leisure activity in pubs and clubs, particularly in North and South America.
Some major players in the market include AVALLO AVX, JOOLA Tischtennis GmbH & Co. KG, NIPPON TAKKYU Co., Ltd., STIGA Sports AB, Tibhar, Yasaka Co. Ltd., among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, to stay competitive in the market.
JOOLA Tischtennis GmbH & Co. KG offers JOOLA Madeira Indoor Table Tennis Table. The extra-large 6″ caster wheels on this JOOLA Ping Pong Table allow it to simply fold up and be rolled into storage. One side can be turned up to serve as a backboard for practice and solo games. When the net is stored, it can stay in place, eliminating the need to screw on the ping pong net and posts or worry about missing components. The ping pong ball and racket set storage on each side of the table is another subtle detail.
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Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Product
- By Distribution Channel
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- AVALLO AVX, JOOLA Tischtennis GmbH & Co. KG, NIPPON TAKKYU Co., Ltd., STIGA Sports AB, Tibhar, Yasaka Co. Ltd., among others.
A full report is available at: https://orionmarketreports.com/global-table-tennis-product-market/108936/
Global Table Tennis Product Market Report by Segment
By Product
- Racket
- Ball
- Table
By Distribution Channel
- Sports Shop
- Departmental Stores
- Online Retail
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
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