The Billiards And Snooker Equipment Market is being driven by Rising demand for billiards and snooker equipment from APAC
The Billiards And Snooker Equipment Market is expected to grow at a CAGR of 1.5% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 50 million. The billiards and snooker equipment market has experienced significant growth in online sales over the past decade. This trend can be attributed to strategic initiatives by manufacturers and retailers, including customer education, streamlined online retail processes, targeted marketing campaigns, and improved aftersales services. These factors have made online purchasing a preferred option for consumers due to its convenience. Additionally, retailing through online marketplaces grants companies access to a larger consumer base and contributes to revenue expansion. Notable online retailers, such as Amazon.com Inc. and Walmart Inc., offer a comprehensive selection of billiards and snooker equipment, including tables, cues, balls, and accessories.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
195 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 1.5% |
Market growth 2025-2029 |
USD 50 million |
Market structure |
market_structure.ucfirst |
YoY growth 2024-2025(%) |
1.5 |
Key countries |
US, Germany, Canada, UK, France, Italy, China, Japan, South Korea, and Spain |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Billiards and Snooker Equipment Market encompasses various products like anodized aluminum and stainless-steel cue sticks, titanium cue bridges, carom and pool balls, and tables made of quarried slate. Equipment includes cue balls, chalk, extensions, rests, rest head adaptors, hook rests, spiders, and accessories. Retail sales occur through both online stores and offline outlets. Institutions such as schools, colleges, and clubs also contribute to the market. Mass urbanization and consumer loyalty fuel the growth of this market for Billiards, Snooker, and other Cue Sports.
The global leisure products market, a segment of the larger household durables industry, encompasses categories such as sports equipment, musical instruments, camping equipment, recreational vehicles, bicycles, toys, and consumer-oriented games. According to Technavio's market analysis, the market size is determined by the consolidated revenue generated by manufacturers in sectors like consumer electronics, home furnishings, homebuilding products, household appliances, houseware and specialties, and leisure products. Factors fueling the market's growth include the surge in health and fitness club memberships, with numbers steadily rising over the past decade, and the rapid expansion of this industry. Anodized aluminum, stainless-steel, titanium, carom, pool, and snooker table equipment fall under the leisure products segment, contributing to the market's growth trajectory.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
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