What is Table Tennis Frames?
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 broken down by Type (Regular, Conversion and Mini Table), by Application (Indoor and Outdoor) and major geographies with country level break-up.
Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
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) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Decathlon S.A. (France), Yasaka (Japan) and Kettler (Germany).
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Table Tennis Frames market by Type, Application and Region.
On the basis of geography, the market of Table Tennis Frames has been segmented into 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). If we see Market by Material , the sub-segment i.e. Celluloid will boost the Table Tennis Frames market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Direct will boost the Table Tennis Frames market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
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.
Market Trend
- Plastics are accounting for Larger Market Share
Market Drivers
- Growth of Table Tennis Sports
- Increasing Investments in Sports Infrastructure
Opportunities
- Markets outside China and America Present Huge Opportunity for Growth
Restraints
- Recent Pandemic has had Huge Negative Impact on Sports Market
Challenges
- Competition from Other Popular Sports
Key Target Audience
Table Tennis Frames Manufacturers, Suppliers and Distributors, Raw Material Suppliers, New Entrants/Investors, Venture Capitalists and Private Equity Firms and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.