Global Pool Tables Market Overview
The global pool tables market is expected to grow at a CAGR of 5.80% from 2022 to 2030, reaching a value of USD 0.32 billion by 2030. This growth is being driven by a number of factors, including the increasing popularity of pool as a leisure activity, the growing demand for pool tables in commercial establishments, and the rising disposable income of consumers.
Pool is a billiards game that is played on a rectangular table with six pockets. The objective of the game is to score points by hitting cue balls into the pockets. Pool is a popular game in both the United States and the United Kingdom.
The global pool tables market is segmented by type, application, and region.
By type, the market is segmented into slate pool tables and wood pool tables.
By application, the market is segmented into residential and commercial.
By region, the market is segmented into North America, Europe, Asia-Pacific, and Rest of the World.
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The North American region is expected to be the largest market for pool tables during the forecast period. This is due to the high disposable income of consumers in the region, as well as the growing popularity of pool as a leisure activity.
The Asia-Pacific region is expected to be the fastest-growing market for pool tables during the forecast period. This is due to the rising demand for pool tables in commercial establishments in the region, as well as the expanding middle class.
The key players in the pool tables market include : Brunswick Billiards, GLD Products, Pool King, and Dynamo.
The pool tables market is expected to continue to grow in the coming years, driven by the factors mentioned above. However, the high cost of pool tables and the increasing competition from other types of entertainment may hamper the market growth over the review period.
Overall, the pool tables market is a promising market with a bright future. The growing popularity of pool, coupled with the increasing demand for pool tables in commercial establishments, is expected to drive the market growth in the coming years.