Allied Market Research published a new report entitled Table Tennis Ball Market. The report provides a comprehensive analysis of key growth strategies, drivers, opportunities, key segment, Porter’s Five Forces analysis, and the competitive landscape. This study is a useful source of information for market players, investors, VPs, stakeholders and new entrants to gain a thorough understanding of the industry and determine the steps to be taken to gain competitive advantage.
Table tennis is a sport in which two or four players hit a very soft plastic ball back and forth across the table with lightweight rackets. It is also known as ping pong. The sport takes place on a hard table divided by a net. Table tennis balls are usually white and yellowish in color. Optical yellow balls are used in professional tennis because they stand out more on a TV screen. Table tennis is gaining in popularity worldwide and is now played in almost all countries, which significantly stimulates the growth of the table tennis market. It is considered one of the most prominent sports in the world, and the number of table tennis participants is increasing every year.
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Rise in disposable income and a higher standard of living accelerate the growth of the table tennis ball market. The increasing popularity of table tennis as a recreational sport in many developed countries, such as the US, is yet another reason to boost sales of table tennis equipment. In addition, factors such as the increase in the number of tennis tournaments and the short cycle for replacing tennis balls are increasing the need to purchase new tennis balls.
Some people play table tennis for recreation, and some fitness regimens play for their healthy bodies. Table tennis offers several health benefits, such as improving core muscles, maintaining mental awareness and improving hand-eye coordination. Decades ago, the quality of the plastic balls was not very high, which caused quite a bit of frustration and anger among the table tennis players. But now the quality of the plastic balls has improved.
North America has the maximum share of the table tennis ball market due to the many professional players in the country. Due to the increasing popularity of tennis in North America in the coming period, the demand for tennis balls will increase.
Table tennis ball is available in various online and offline sales channels. It is available in hypermarket / supermarket, department store, specialty store and sports stores. Of these, the sports shops dominate the growth of the table tennis ball market.
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Regions covered North America (US, Canada and Mexico), Europe (Germany, UK, France, Italy, Spain and rest of Europe), Asia Pacific (China, Japan, India, Australia, Malaysia, Thailand, Indonesia and Rest of Asia-Pacific), LAMEA (Middle East, Brazil and rest of LAMEA)
Competitive Analysis DHS, Doublefish, Nittaku, Stiga, Andro, Xushaofa, Butterfly, TSP DONIC, Eastpoint Sports, Yinhe and Joola
COVID-19 Scenario Analysis:
The COVID-19 pandemic has negatively affected the growth of table tennis balls.
This industry is facing a huge impact due to the disruption of the production and supply chain, as China is the main supplier of table tennis balls and almost all countries have ceased trading.
Cancellation of flights and table tennis tournaments as all players and public stay at home due to stay-at-home orders have reduced the demand for table tennis balls.
Restriction of indoor events and increased public fear of the disease have led to a decline in the growth of the table tennis ball market.
Training and competition
Fitness and recreation
Hypermarket / Supermarket
Main benefits of the report:
This study presents the analytical view of the table tennis ball industry along with current trends and future estimates to determine imminent investment pockets.
The report provides information on the key drivers, limitations and opportunities, along with a detailed analysis of table tennis balls’ market share.
The current market is quantitatively analyzed from 2020 to 2027 to highlight the global growth scenario for table tennis balls.
The analysis of the five strengths of Porters illustrates the potential of buyers and suppliers in the market.
The report provides a detailed market analysis for table tennis balls based on the intensity of competition and how competition will take shape in the coming years.
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