The global foosball equipment market is anticipated to grow at a CAGR of 2.5% during the forecast period (2022-2028). It is a tabletop version of soccer in which players turn rods fixed on top of a playing box and attached to miniature figures of players, in order to flick the ball and strike it toward the goal. The major factor expected to drive the market growth is the rise in online sales, growing interest in video and arcade games, and robotic players. In addition, 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 also support the global foosball equipment market to grow further during the forecast period.
Furthermore, technology has also empowered reformations in the arena of sports equipment in terms of efficiency and performance, including foosball, which is expected to offer an opportunity for the market growth. Based on material type, wood foosball is expected to hold significant share in the market during the forecast period as it is the most widely used material as wood offers greater stability and sturdiness. Companies are using engineered wood as it has higher strength and is cost-effective than solid wood coupled with the increasing concerns regarding plastic usage.
Some major players in the market include Carrom Shop, Garlando Sports & Leisure, and Rene Pierre, 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, new product launches, and collaborations, to stay competitive in the market. For instance, in 2019, Imperial International a part of H. Betti Industries, Inc. was declared as the exclusive distributor of Garlando Sports & Leisure for multiple products, including foosball tables, tennis tables, and accessories in the US. Further, the company added that the new partnership was aimed at enabling Garlando to have improved access to untapped customer segments across the US, thereby strengthening its revenue potential.
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Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Type
- By Material Type
- By Sales Channel
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- Carrom Shop, Garlando Sports & Leisure, and Rene Pierre, among others.
A full report is available at: https://orionmarketreports.com/global-foosball-equipment-market/108932/
Global Foosball Equipment Market Report by Segment
By Type
- Children Foosball
- Adult Foosball
By Material Type
- Metal
- Plastic
- Wood
By Sales Channel
- Sporting Goods Retail
- Hypermarkets and Supermarkets
- 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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