Industry Background:
A table tennis racquet is also known as ping pong paddle, table tennis paddle, ping pong bat and table tennis bat. Tennis table racquet is used by two table tennis players. The racquet is made from laminated wood covered with rubber on one or two sides depending upon the grip of the player. About 15 cm across and 25 cm long including the handle and made of at least 85% of natural wood. A wood blade that incorporates to handle and rubber is affixed on top through which the game is played. Table tennis is being widely used with the rising popularity and an increasing number of sports clubs which include table tennis. Additionally, The International Table Tennis Federation (ITTF), the governing body for Table Tennis events worldwide, is focusing on expanding the scope of the game by developing the skills of the players and holding training programs to increase regular participation worldwide. This will propel the growth of the table tennis racquet market.This growth is primarily driven by Rising Attraction Towards Sports and Increasing Number of Sports Clubs.
Globally, a noticeable market trend is evident Enhancements in Quality of the Table Tennis Blade
. Major Vendors, such as AVALLO AVX (Malaysia), Nittaku (Japan), DHS (Estonia), Yinhe (United Kingdom), Tibhar (Germany), STIGA Sports AB (Italy), Butterfly (Japan), Joola (United States) and Yasaka (Ukraine) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Regulatory Insights:
"Table tennis regulations approved by the International Table Tennis Federation (ITTF) allow different surfaces on each side of the paddle for various amounts of spin (including nullifying it) or speed. For example, a player may have a spin-heavy rubber on one side of his paddle, and no spin on the other side. The player can flip the racket in play for different types of returns. To help a player distinguish between different types of rubber used by his opponent, regulations specify that one side of a paddle must be red while the other must be black, allowing a player to see what side of a paddle hits the ball mid-play. The player has the right to inspect his opponent's racket before a match to see the type and color. Current rules state that, unless damaged in play, the paddle cannot be exchanged for another at any time during a match "
Market Drivers
- Rising Attraction Towards Sports
- Increasing Number of Sports Clubs
Market Trend
- Enhancements in Quality of the Table Tennis Blade
- Use of Robots in Table Tennis Practice
Restraints
- Table Tennis Rubber Deteriorates With Age And Exposure to Light Even After It Is Been Kept Inside the Sealed Packet For Long Period of Time
Opportunities
Government Initiatives towards the Sports Activities in Developing Nations
Challenges
Availability of Counterfeit Products
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Table Tennis Racquet Study Sheds Light on
The Table Tennis Racquet Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Table Tennis Racquet industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Table Tennis Racquet industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.