Market Trends of Billiards and Snooker Equipment Industry
Increased Sports Participation Propelling the Billiards and Pools Equipment Sales
There has been a significant rise in the percentage of the population adopting a healthy lifestyle, and the preference for staying fit has increased consumer indulgence in various sports activities. In line with the trend, consumers are increasingly seeking various sports equipment including billiards and snooker. The standard of snooker facilities continues to rise with a growing number of official academies being launched worldwide. The increased number of grassroots programs in schools, colleges, and clubs is one of the major factors driving the global billiards and snooker market sales.
The billiards and snooker equipment demand is expected to rise as a result of the widespread popularity of cue sports and other recreational activities, as well as the numerous associations that promote the sport. As a result, the billiards and snooker equipment market will be driven by an increase in demand for recreational activities during the forecast period. 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 which is boosting participation in such sports and eventually driving the billiards and snooker equipment sales.
North America Holds the Significant Share in 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. The players are also focusing on launching products with innovation. For instance, in October 2020, Billiards King, LLC Announced the launch Of Cue View 360 - Pool Sticks Recorded In 4K Ultra HD while they rotate, Cue View 360 is primarily for the intermediate player who already had their first starter or entry-level cue.
Snooker equipment manufacturers have started to put innovation in place to encourage their usage as a family pastime. One of the ideas that have materialized in this space is the availability of their convertible versions, wherein a table can be used as a snooker table, dinner table, and other multipurpose household utilities. Recently, the growing demand for outdoor snooker tables has been tracked by vendors who have responded positively to it by bringing weatherproof and lightweight snooker tables onto the market shelves which is expected to propel the market growth in the region.
