Global Foosball Equipment Market 2017-2021
About Foosball Equipment
Foosball, which is also known as table football or table soccer, is a table top game which is played by players turning rods fixed on top of a playing box and attached to miniature figures of players, in order to flick the ball and strike it towards the goal.
Technavio’s analysts forecast the global foosball equipment market to grow at a CAGR of 2.39% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global foosball equipment market for 2017-2021. To calculate the market size, the report considers the retail selling price as the average selling price for the product.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Foosball Equipment Market 2017-2021
Technavio recognizes the following companies as the key players in the global foosball equipment market: Bonzini, Garlando Sports & Leisure, Rene Pierre, Shelti, and Tornado.
Other Prominent Vendors in the market are: BRUNSWICK, CARROM SHOP, KICK, and Warrior Table Soccer.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is robotic players. Competing with robotic players is a new trend in the market. In this format of the game, one or two human players play against a computer-controlled adversary or robot. The tables used for playing this format of the game have automated rods on one side and regular rods on the other side. The robot has a mechanical arm, which it uses to propel the ball in the opposite direction at a speed of 6 meters per second.”
According to the report, one of the major drivers for this market is rise in online sales. E-retailing is the fastest growing among all retail segments. In 2014, the overall revenue of this segment was valued at $1.35 trillion and is expected to reach $2.7 trillion by 2019, growing at a rate of almost 12%-13% by 2019. The biggest players in the global online retail market for foosball equipment are Amazon, Walmart, and Target.
Further, the report states that one of the major factors hindering the growth of this market is growing interest in video and arcade games. The emergence of the computer and the Internet has not only transformed the business world but has also led to the development of intelligent and malleable video games. Video games have become tools of learning and creative expression. Many graphic-based online adventure games have been introduced in the market. Currently, millions of video game players worldwide engage in various forms of video games. Virtual reality has also played a major role in attracting people to video games. Thus, the rising interest in playing video games among players of all age groups acts as a challenge to the growth of the global foosball equipment market.
Bonzini, Garlando Sports & Leisure, Rene Pierre, Shelti, Tornado, BRUNSWICK, CARROM SHOP, KICK, and Warrior Table Soccer.