DUBLIN, Feb. 26, 2020 /PRNewswire/ -- The "Billiards and Snooker Equipment Market - Growth, Trends, and Forecasts (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.

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The global billiards and snooker equipment market is projected to grow at a CAGR of 2.3% during the forecast period (2020-2025).

Key Highlights

Market Trends

Growth in Infrastructural Development coupled with Government initiatives

The standard of snooker facilities continues to rise with a growing number of official academies being launched across the world. The rise in the number of grassroots programs in schools, colleges, and clubs is one of the major factors driving the sales of billiards and snooker equipment, globally. Projects, such as World Disability Snooker, the World Women's Snooker Tour, and Cue Zone into Schools, supported by accredited coaching programs, are all now gaining momentum. Additionally, various governing bodies and associations played a significant role in promoting billiards and snooker as a sport.

North America is Leading the market

Strong penetration of cue sports and various recreational activities, along with numerous associations promoting the sport in the region, is expected to boost the demand for billiards and snooker equipment in the region. Favorable support from various governing bodies such as the United States Billiard Association (USBA) is further propelling the demand for billiards and snooker equipment across the region. The major players in the market are adopting online retail strategies to reduce costs and increase their margins, which may benefit the market during the forecast period.

Competitive Landscape

Brunswick Corporation, Diamond Billiard Products, H. Betti Industries, and Birmingham Billiards Ltd are some of the prominent players who are operating in this market. These players are embarking on mergers and acquisitions and entering into partnerships as one of their key strategies to achieve consolidation and optimize their offerings.

Key Topics Covered

1 INTRODUCTION1.1 Study Deliverables1.2 Study Assumptions1.3 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS4.1 Market Drivers4.2 Market Restraints4.3 Porter's Five Forces Analysis4.3.1 Bargaining Power of Suppliers4.3.2 Bargaining Power of Buyers/Consumers4.3.3 Threat of New Entrants4.3.4 Threat of Substitute Products4.3.5 Intensity of Competitive Rivalry

5 MARKET SEGMENTATION5.1 By Type5.1.1 Carom5.1.2 Pool5.1.3 Snooker5.2 By Equipment5.2.1 Table5.2.2 Ball5.2.3 Cue5.2.4 Other Equipment5.3 By Distribution Channel5.3.1 Offline channel5.3.2 Online channel5.4 Geography5.4.1 North America5.4.1.1 United States5.4.1.2 Canada5.4.1.3 Mexico5.4.1.4 Rest of North America5.4.2 Europe5.4.2.1 Spain5.4.2.2 United Kingdom5.4.2.3 Germany5.4.2.4 France5.4.2.5 Italy5.4.2.6 Belgium5.4.2.7 Rest of Europe5.4.3 Asia Pacific5.4.3.1 China5.4.3.2 Japan5.4.3.3 South Korea5.4.3.4 Vietnam5.4.3.5 Australia5.4.3.6 Rest of Asia-Pacific5.4.4 South America5.4.4.1 Brazil5.4.4.2 Argentina5.4.4.3 Rest of South America5.4.5 Middle East and Africa5.4.5.1 South Africa5.4.5.2 United Arab Emirates5.4.5.3 Rest of Middle East and Africa

6 COMPETITIVE LANDSCAPE6.1 Most Active Companies6.2 Most Adopted Strategies6.3 Market Share Analysis6.4 Company Profiles6.4.1 Brunswick Corporation6.4.2 Diamond Billiard Products Inc.6.4.3 H. Betti Industries Inc.6.4.4 Birmingham Billiards Ltd.6.4.5 Yalin International Billiard Goods6.4.6 Snooker & Pool Table Company Ltd.6.4.7 Kaldera Billiards6.4.8 Fury

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

For more information about this report visit https://www.researchandmarkets.com/r/5gl73p

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Billiards and Snooker Equipment Market, Forecast to 2025 - Leading Players are Brunswick Corporation, Diamond Billiard Products, H. Betti Industries,...

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