Market Highlights: Table Tennis Frames are tables on which the sport of table tennis is played. The Sport was first played in England but steadily it gained popularity all over the world, specifically China and US. There are multiple types of table tennis offered in two major types of materials that is cellulose and plastics. With the lack of space available in urban centres, foldable tables were too introduced. The growth of the table tennis frames directly depends on the growth of the sport, although the major hindrance faced by market was recent pandemic, which cancelled a lot of TT tournaments as well as limited the spending of govt. in sports infrastructure. Geographically, Asia Pacific has largest potential for TT Frames market, driven by large population and increasing spending on Sports infrastructure. The market study is being classified by Type (Regular, Conversion and Mini Table), by Application (Indoor and Outdoor) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Key Players: The prominent players in the Table Tennis Frames are DHS (Estonia), Intersport International Corporation GmbH (Switzerland), Joola (Germany), Guangzhou Double Fish Sports Goods Group Co., Ltd. (China), Killerspin (United States), Stiga Group (Sweden), Tamasu Co., Ltd. (Japan), Nittaku (Japan), TIBHAR Tibor Harangozo GmbH (Germany), Donic (Germany) and TSP (Japan).
Major Market Development Highlights In 2018, Sport Squad Inc., US based game room equipment manufacturer announced acquisition of JOOLA Tischtennis GmbH, which is a well-established Germany based table tennis equipment manufacturer. The acquisition is aimed at expanding Sport Squad’s portfolio along with Geographic Presence. In 2019, JOOLA Tischtennis GmbH, which is a German market leader in Table tennis equipment manufacturing along with iPong which is a US based table tennis robot company have launched JOOLA Infinity Smart Table Tennis Robot. This robot will act as a partner for table tennis practice. It can provide side spin, top spin, under spin and no spin at 30 to 100 balls per minute. This new product will help Joola adopt to dynamic changes in this automated era, further strengthening its position in the market.
Key Questions Answered in the Report What will the Table Tennis Frames Market size and the growth rate be in Future? What are the key factors driving the Table Tennis Frames Market? What are the key market trends and macro-economic impacting the growth of the Table Tennis Frames Market? What are the challenges to market growth? Who are the key vendors in the Table Tennis Frames Market? What are the market opportunities and threats faced by the vendors in the Table Tennis Frames Market? Trending factors influencing the market shares of the Vendors. What are the key outcomes of the five forces analysis of the Table Tennis Frames Market?
Research Methodology: The top-down and bottom-up approaches are used to estimate and validate the size of the Global Table Tennis Frames market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Table Tennis Frames market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Table Tennis Frames Manufacturers, Suppliers and Distributors, Raw Material Suppliers, New Entrants/Investors, Venture Capitalists and Private Equity Firms and End-Use Industries. This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.