Report ID: UCMIG25J2022
Report ID:
UCMIG25J2022 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The foosball table market had a valuation of USD 168.7 million in 2018, and it is anticipated to expand at a compound annual growth rate (CAGR) of 5.0% from 2019 to 2025. The market growth is driven by the growing interest in indoor sports activities, particularly table soccer, which is becoming increasingly popular in emerging economies. Additionally, foosball organizations worldwide, including the China Table Soccer Federation, Shanghai Foosball Community, and the Federation of Table Soccer in India, hold weekly tournaments in sports facilities, bars, and restaurants, which has contributed to the game's growing popularity. KEY PLAYERS in the market, such as Berner Billiards, are investing more in marketing and advertising to increase their customer base in emerging markets.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Leisure Products by segment aggregation, the contribution of the Leisure Products in Consumer Durables & Apparel and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Report ID: UCMIG25J2022