Pool Tables Market Size was recorded at USD 0.22 billion in 2022. The Pool Tables market industry is projected to grow from USD 0.23 Billion in 2023 to USD 0.32 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 5.80% during the forecast period (2023 - 2030). Increasing adoption of cue sports and entertainment activities are some of the key market drivers promoting market growth.
Source: MRFR Database, Secondary Research, Primary Research, and Analyst Review
The increasing fame of cue games among the millennial generation has stimulated interest in pool tables in current years. The pool table market must be impacted by both microeconomic and macroeconomic factors. Macroeconomic factors boosting the pool table market include mass urbanization and monetary evolution in developing countries, which increased the number of pool clubs and activated interest in the game among a diverse range of people ly. An increase in consumer and brand awareness concerning sports equipment is predicted to boost the requirement for premium pool tables. Also, increasing demand from the commercial sector due to a growth in the number of sports coaching centers is probable to propel the commercial segment of the market. The requirement for pool tables is projected to rise due to augmenting the popularity of cue sports and several other recreational activities as well as the countless associations promoting sports. This is predicted to enhance the pool table market owing to an augment in the requirement for recreational activities during the forecast period. These pool tables come in a variety of sizes, including 9-foot (2.7 m), 8.5-foot (2.6 m), 8-foot (2.4 m), and 7-foot (2.1 m). But in any case, the pool table is rectangular in shape.
Further, People are looking for a pool table for their home in order to incorporate the game into their recreational activities. Furthermore, the rise of pool tables cum eating tables, which allow you to play the game as well as eat in a comfortable manner, is stimulating the pool table market's development. Recently, the growing popularity of open-air pool tables has been followed by merchants, who have reacted crucially by bringing weatherproof and lightweight pool tables to the market shelf.
Additionally, the rise in government initiatives to promote the sport and high investments by manufacturers in R&D will create ample opportunities for the pool tables market, the presence of numerous associations promoting the sport, high demand from developing countries, growing e-commerce platforms, and high demand by commercial end-users are also expected to drive the pool tables market CAGR worldwide in the recent years.
However, However, the high prices of pool tables and development and High costs incurred in the manufacturing of pool tables restrain the pool tables market, but vendors of the market in focus are also adopting online retail strategies to minimize production costs, increase their margins, and get customer feedback regularly. Thus these factors will help in the growth of the Pool Tables market revenue.
The  pool tables market segmentation, based on type, includes American pool tables and English pool tables. The American pool tables segment held the majority share in 2022 with respect to the  pool tables market revenue. This prime reason is the premium quality of the American pool tables, which have created high demand for the same. With the growing number of visitors to pool halls, sports clubs, and recreational centers, it is the most profitable and fastest-growing segment.
However, British Pool Table, also known as snooker or English billiards, is also in demand due to the curved pockets; shots into specific pockets are more complex, with more shots' rattling' in the jaws rather than potting. Shots into the two center pockets, on the other hand, are much more open, making the entry much easier to approach and aim for. For all these reasons, the British pool table is in demand by various sports academies for pool or billiard competitions.
Based on end-use, the  pool tables market segmentation includes household, commercial, and professional. The professional segment ruled the market in 2022 and is expected to be the largest and fastest-growing segment in the pool tables market data during the forecast period 2022-2030. This is because of the increasing passion of people towards cue sports and various competitions and tournaments arranged for players, including the World Straight Pool Championship, Artistic Billiards World Championship, World Snooker Championship, and World Women's Snooker Championship. As a result, the demand for tables increases which promotes the market growth of the pool tables industry.
However, the commercial segment is also expected to rise due to increasing demand for sports clubs, halls, entertainment centers, and bars.
Figure 1: Â Pool Tables Market, by Type, 2022 & 2030 (USD Billion)
Source: MRFR Database, Secondary Research, Primary Research, and Analyst Review
Additionally, pool tables are also installed in schools and colleges. The growing popularity of cue sports such as billiards, pools, and snooker for entertainment and leisure has prompted sports halls, recreational centers, and clubs to install these games for customers.
The study provides market insights into North America, Asia-Pacific, Europe, and the rest of the world, by region. Asia-Pacific Pool Tables market accounted for USD 0.22 billion in 2022 and is expected to show a significant CAGR growth during the forecast period. This is owing to the growing popularity among the young population and the growing professionalism of pool players is mainly fetching the growth in this region.
Further, the main countries considered in the market report are The U.S., Canada, Germany, France, the UK, Spain, Italy, China, Japan, India, Australia, South Korea, and Brazil.
Figure 2: Â POOL TABLES MARKET SHARE BY REGION 2022 (%)
Source: MRFR Database, Secondary Research, Primary Research, and Analyst Review
The North American pool tables market accounts for the second-largest market share and is expected to grow at the fastest CAGR from 2022 to 2030. This is the increased focus of the producers on product innovations and favorable support from various governing bodies. Moreover, the U.S. pool tables market held the largest market share, and the Canadian pool tables market was the fastest-growing market in this region.
Europe’s Pool Tables market accounts for the third-largest market share due to mass urbanization and economic expansion, leading to an increase in the number of pool clubs and a growing interest in the sport among a variety of people throughout the world. Product innovation combined with customer satisfaction is one of the vital microeconomic factors driving the growth of the pool table market in Europe. Further, the Germany Pool Tables market held the largest market share, and the UK Pool Tables market was the fastest-growing market in the European Region.
Major market players are expending a lot of money on research and development to improve their product lines, which will help the pool tables market grow even more. Competitors are also taking a variety of strategic initiatives to increase their footprint ly, with key market developments such as new product launching, partnership agreements, mergers and acquisitions, increasing investments, and collaboration with other organizations. Participants in the pool tables industry must give low-cost products to expand and get through an increasingly competitive market environment.
One of the prime business strategies used by producers in the pool tables industry to assure clients and expand the market sector is to produce narrowly to lessen operating costs. In recent years, the pool tables industry has given rise to some of the most significant benefits. The pool tables market major player such as Diamond Billiard Products Inc. (US), Rene Pierre (France), Brunswick Billiards (US), S. Billiard & Pool Table (India), and others are working on expanding the market demand by investing in research and development activities.
Diamond Billiard Products Inc. (US) was formed in 1987, by a group of dedicated pool players in Louisville, Kentucky, based on a simple but unique idea of creating a table that would so surpass all others in quality and craftsmanship that it would become the standard for national and international tournament play. Further, it operates as a sporting goods wholesaler. The company offers commercial and home tables, including table lighting and covers, chairs, balls, cue racks, and diamond clothing. Diamond Billiard Products serves customers in the United States.
1952, Mr. René Pierre founded his company in Ranchot, a town located in the French Jura region. The company makes pool and soccer tables in their factory Chalon and Soane, now accessible by private customers as well. They design and manufacture recreational products offering billiards, football tables, jukeboxes, arcade games, poker, and accessories.
Pool Tables Industry Developments
June 2022:Â American Heritage Billiards will be displayed at the upcoming 2022 BCA Expo located at the South Point Hotel, Casino, and Convention Center Las Vegas.
October 2021:Â Escalade Sports announced that it had acquired the assets of the billiard table, game room, and recreational product lines of American Heritage Billiards, including its related intellectual property. Escalade agreed to pay a gross purchase price of USD 1.55 million, which was produced in cash at closing.
| Report Attribute/Metric | Details |
| Market Size 2022 | USD 0.22 billion |
| Market Size 2023 | USD 0.23 billion |
| Market Size 2030 | USD 0.32 billion |
| Compound Annual Growth Rate (CAGR) | 5.80% (2023-2030) |
| Base Year | 2022 |
| Market Forecast Period | 2023-2030 |
| Historical Data | 2019 – 2021 |
| Market Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Type and End-Use |
| Geographies Covered | North America, Europe, Asia Pacific, and the Rest of the World |
| Countries Covered | The U.S, Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
| Key Companies Profiled | Diamond Billiard Products Inc. (US), Rene Pierre (France), Brunswick Billiards (US), S. Billiard & Pool Table (India) |
| Key Market Opportunities | huge amount of investments by producers in research and development |
| Key Market Dynamics | growing demand by commercial end-users |
Frequently Asked Questions (FAQ) :
The Pool Tables market size was valued at USD 0.22 Billion in 2022.
The market is projected to grow at a CAGR of 5.80% during the study period, 2022-2030.
Asia-Pacific had the largest share of the market.
The key players in the market are Diamond Billiard Products Inc. (US), Rene Pierre (France), Brunswick Billiards (US), and S. Billiard & Pool Table (India).
The American pool tables category dominated the market in 2022.
The Professional segment had the largest share of the market.
Assistant Manager - Research High acumen in analyzing complex macro & micro markets with more than 6 years of work experience in the field of market research. by implementing her analytical skills in forecasting and estimation into market research reports, she has expertise in packaging, construction, and equipment domains. she handles a team size of 20-25 resources and ensures smooth running of the projects, associated marketing activities, and client servicing.
Get in Touch
© 2024 Market Research Future ® (Part of WantStats Reasearch And Media Pvt. Ltd.)
