According to a new report, published by KBV research, The Global Pool Tables Market size is expected to reach $324.8 million by 2031, rising at a market growth of 5.2% CAGR during the forecast period.
The American Pool Table segment is generating the highest revenue in the Global Pool Tables Market by Type in 2023; thereby, achieving a market value of $173.2 Million by 2031. Known for their larger size and distinctive style, American pool tables typically feature larger pockets and are often favored in competitive games like eight-ball and nine-ball. These tables are designed to accommodate American cue sports enthusiasts' specific rules and preferences, emphasizing robust construction and precise craftsmanship to enhance the gameplay experience.
The Slate segment is registering a CAGR of 4.7 % during the forecast period. This dominance is likely because slate tables are preferred in competitive pool sports and upscale recreational venues due to their superior playing surface and longevity. Slate pool tables are considered the highest quality due to the use of slate as the table bed, which provides a perfectly flat and smooth playing surface.
The Specialty Stores segment led the Global Pool Tables Market by Distribution Channel in 2023; thereby, achieving a market value of $110.2 Million by 2031. This can be attributed to the trust and assurance of quality these stores offer, along with specialized customer service. Specialty stores focus specifically on sporting goods, including pool tables and accessories.
The Professional segment is growing at a CAGR of 4.9 % during the forecast period. This segment caters primarily to professional players and tournaments. Tables used in this sector are typically of the highest quality, with standard specifications as required by professional governing bodies.
Full Report: https://www.kbvresearch.com/pool-tables-market/
The North America region dominated the Global Pool Tables Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $113 Million by 2031. The Asia Pacific region is anticipated to grow at a CAGR of 5.7% during (2024 - 2031). Additionally, The Europe region would witness a CAGR of 4.8% during (2024 - 2031).
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