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Allied Market Research

Table tennis Ball Market Application (Training & Match, Fitness & Recreation) Product Type (1 Star, 2 Star, 3 Star) Distribution Channel (Hypermarket/Supermarket, Departmental Store, Sports Shop, Offline Channels, Others) : Global Opportunity Analysis and Industry Forecast, 2020-2027

A08061
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Jun 2021 | 453 Views
 
Author(s) : NA
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Table tennis is a sport where two or four players are hitting a very soft plastic ball back and forth across the table using lightweight rackets. It is also known as ping-pong. The sport takes place on a hard table divided by a net. The balls of table tennis are usually in white & yellowish color. Optic yellow balls are used in professional tennis, as they are more noticeable on a TV screen. Table tennis is gaining worldwide popularity and is now played in almost all the countries, which significantly boosts the growth of the table tennis market. It is considered as one of the most prominent sports played all over the world, and the number of participants in table tennis is increasing every year.

Market scope and structure analysis:

Report Metric

Details

  Market size available for years

  2020–2027

  Base year considered

  2019

  Forecast period

  2021–2027

  Forecast units

  Value ($US)

  Segments covered

  Application, Product Type, Distribution Channel, and Region

  Regions covered

North America (U.S., 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)

  Companies covered

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 the table tennis balls.
  • This industry faces huge impact due to the disruption in production and supply chain as China is the major supplier of table tennis balls, and almost all the nations have stopped their trade activities. 
  • Cancellation of flights and table tennis tournaments because all players and audiences are staying in their homes because of the stay at home orders have declined the demand for table tennis balls.
  • Restriction of indoor events and increase in public fear about the disease have led to decline in the growth of the table tennis ball market.

Top Impacting Factors: Market Scenario Analysis, Trends, Drivers, and Impact Analysis

Rise in disposable income and higher living standards surge the growth of the table tennis ball market. The rise in popularity of table tennis as a recreational sport in many developed countries such as the U.S. is yet another reason for boosting the sale of table tennis equipment. In addition, factors such as the increase in number of tennis tournaments and the short cycle for replacing tennis balls boosts the need to purchase new tennis balls.

Some people are playing table tennis for recreation, and some fitness regimes are playing for their healthy bodies. Table tennis provides various health benefits like it improves the core muscles, maintains mental awareness, and helps to enhance eye-hand coordination. Decades back, the quality of the plastic balls was not much high, which caused quite a lot of frustration and anger among the table tennis players. But now the quality of the plastic balls has been improved.

North America holds the maximum share in the table tennis ball market because of many professional players in the country. The rise in popularity of tennis in North America during the coming period would lead to increased demand for tennis balls.

Table tennis ball is available in various online and offline sales channels. It is available in hypermarket/supermarket, departmental store, specialty store, and sports shops. Out of these, the sports shops dominate the growth of the table tennis ball market.

Key Segments Covered:

Segments

Sub-segments

  Application

  • Training & Match
  • Fitness & Recreation

  Product Type

  • 1 Star
  • 2 Star
  • 3 Star

  Distribution Channel

  • Hypermarket/Supermarket
  • Departmental Store
  • Sports Shop
  • Offline Channels
  • Others

 

Key Benefits of the Report:

  • This study presents the analytical depiction of the table tennis ball Industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the table tennis ball market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the global table tennis ball growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed table tennis ball market analysis based on competitive intensity and how the competition will take shape in coming years. 

Questions Answered in the Table Tennis Ball Market Research Report:

  • What are the leading market players active in the table tennis ball market?
  • What the current trends will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What future projections would help in taking further strategic steps?
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
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With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

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We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
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Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
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Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


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AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
 
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