Market Overview:
The global table tennis market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising awareness about fitness and recreation, increasing number of tournaments, and growing demand for premium quality balls. In terms of type, the 3 star ball segment is expected to witness highest growth during the forecast period. This can be attributed to its superior quality and durability as compared to other types of balls available in the market.
Product Definition:
Table tennis is a sport in which two or four players hit a lightweight ball back and forth across a table using small bats. The game takes place on a hard table divided by a net. Players must allow the ball to bounce once on their side of the table, and must return it so that it bounces on the opposite side. Points are scored when the opponent fails to return the ball or hits it out of bounds.
1 Star Ball:
1 Star Ball is a new term in the Table Tennis market which was created to differentiate a poor quality ball from an average one. The 1 star rating system is based on three parameters - balance, speed and spin. A 1-star ball has very less or no air inside it thus producing low power when used for playing table tennis. These balls are usually filled with rubber powder to increase their stability and make them heavier as well as longer-lasting.
2 Star Ball:
2 star ball is a type of rubber ball used in table tennis. It has two layers of wound rubber with different colors. The outer layer is white and the inner layer has a red color which can be seen when the 2 star ball is hit by a strong force. This kind of balls was firstly used in Japan and China because these countries are major producers of sports equipment such as badminton, football, table tennis etc.
Application Insights:
In 2017, the fitness and recreation segment accounted for a share of over 50.0% in the global table tennis market. This is attributed to growing participation in outdoor sports and recreational activities across various age groups globally. Furthermore, increasing health awareness among individuals has resulted in an increased demand for fitness equipment and gymnasiums globally.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. China, Japan, India, South Korea and Taiwan are some of the prominent countries that have been hosting various table tennis events at a domestic level as well as on an international platform. The Asia Pacific has also been home to some of the most popular sports brands including Butterfly (China), Ondeck (Japan), Joola (India) and Yonex- racket & apparel (South Korea). These companies are investing aggressively in developing new products which will cater to different needs of players across regions. For instance; In September 2018; Yonex entered into a partnership with USATT - United States Table Tennis Association for expanding its business through licensing deals.
Growth Factors:
- Increasing popularity of table tennis as a sport
- Rising disposable income of the population, especially in developing countries
- Growing demand for leisure and recreational activities among the youth population
- Proliferation of Table Tennis tournaments and leagues across the world
- Technological advancements in table tennis equipment
Scope Of The Report
Report Attributes
Report Details
Report Title
Table Tennis Market Research Report
By Type
1 Star Ball, 2 Star Ball, 3 Star Ball, Other Balls
By Application
Fitness & Recreation, Match & Training
By Companies
DHS, Double Fish, Nittaku, STIGA, Xushaofa, Butterfly, Yinhe, JOOLA, Yasaka, DHS
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
222
Number of Tables & Figures
156
Customization Available
Yes, the report can be customized as per your need.
Global Table Tennis Market Report Segments:
The global Table Tennis market is segmented on the basis of:
Types
1 Star Ball, 2 Star Ball, 3 Star Ball, Other Balls
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Fitness & Recreation, Match & Training
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- DHS
- Double Fish
- Nittaku
- STIGA
- Xushaofa
- Butterfly
- Yinhe
- JOOLA
- Yasaka
- DHS
Highlights of The Table Tennis Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 1 Star Ball
- 2 Star Ball
- 3 Star Ball
- Other Balls
- By Application:
- Fitness & Recreation
- Match & Training
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Table Tennis Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Table tennis is a sport that involves hitting a lightweight ball with a paddle on a hard, flat surface. The object of the game is to hit the ball as close to the opponent's net as possible.
Some of the key players operating in the table tennis market are DHS, Double Fish, Nittaku, STIGA, Xushaofa, Butterfly, Yinhe, JOOLA, Yasaka, DHS.
The table tennis market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Table Tennis Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Table Tennis Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Table Tennis Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Table Tennis Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Table Tennis Market Size & Forecast, 2020-2028
4.5.1 Table Tennis Market Size and Y-o-Y Growth
4.5.2 Table Tennis Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 1 Star Ball
5.2.2 2 Star Ball
5.2.3 3 Star Ball
5.2.4 Other Balls
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Fitness & Recreation
6.2.2 Match & Training
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Table Tennis Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Table Tennis Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 1 Star Ball
9.6.2 2 Star Ball
9.6.3 3 Star Ball
9.6.4 Other Balls
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Fitness & Recreation
9.10.2 Match & Training
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 1 Star Ball
10.6.2 2 Star Ball
10.6.3 3 Star Ball
10.6.4 Other Balls
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Fitness & Recreation
10.10.2 Match & Training
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 1 Star Ball
11.6.2 2 Star Ball
11.6.3 3 Star Ball
11.6.4 Other Balls
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Fitness & Recreation
11.10.2 Match & Training
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 1 Star Ball
12.6.2 2 Star Ball
12.6.3 3 Star Ball
12.6.4 Other Balls
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Fitness & Recreation
12.10.2 Match & Training
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 1 Star Ball
13.6.2 2 Star Ball
13.6.3 3 Star Ball
13.6.4 Other Balls
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Fitness & Recreation
13.10.2 Match & Training
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Table Tennis Market: Competitive Dashboard
14.2 Global Table Tennis Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 DHS
14.3.2 Double Fish
14.3.3 Nittaku
14.3.4 STIGA
14.3.5 Xushaofa
14.3.6 Butterfly
14.3.7 Yinhe
14.3.8 JOOLA
14.3.9 Yasaka
14.3.10 DHS
