Global Table Tennis Equipment Market 2016-2020
About Table Tennis
Table tennis, also known as ping pong, originated in England, but became the national sport of China. ITTF (International Table Tennis Federation) is the global governing body of table tennis. It has 220 member associations. This sport has been included in the Olympic Games since 1988, and it is one of the reasons why the sport is now popular across the globe.
Technavio’s analysts forecast the global table tennis equipment market to grow at a CAGR of 2.31% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global table tennis equipment market for 2016-2020. To calculate the market size, the report considers the revenue generated from the retail sales of different types of table tennis equipment to individual consumers, clubs and pubs, and sports organizers.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Table Tennis Equipment Market 2016-2020
Technavio recognizes the following companies as the key players in the global table tennis equipment market: Butterfly, Double Happiness, DONIC, JOOLA, and STIGA.
Other Prominent Vendors in the market are: Andro, Cornilleau, Dr. Neubauer, G.K. Industries, Killerspin, Nittaku, SAN-EI, Stag, TIBHAR, Xiom, Xu Shaofa Sports, and Yasaka.
Commenting on the report, an analyst from Technavio’s team said: “There is a rise in the usage of robots for table tennis practice and leisure games. The difficulty of finding a partner to play with has led to the popularity of the robot. Improvement in the robot with reasonable accuracy, and the ability to place the balls in more than six different positions in the sequence is also increasing the usage of robots in many table tennis clubs and home tables. One such example of a robot is Y&T V-981, which can deliver every spin, place the ball in one spot, and alternate between forehand and backhand. This Chinese robot has been rebranded as “Practice Partner” in the UK and “Paddle Palace” in the US. In 2014, Japanese firm Omron developed a prototype robot which could even beat a semi-skilled human opponent and was capable of entering long rallies with human players. Such increasing development of robots that can play like humans is a new key trend in the market, but the adoption rate is still low.”
According to the report, modification in ball rules will be a key driver for market growth. Change in the equipment rules is helping the market grow, as the rules require teams to change their entire equipment. In 2014, ITTF announced that the celluloid balls will be replaced with the new plastic or poly balls starting July 2014. The initiative was taken to make ball have a higher rebound, and to decrease the speed at topspin strokes.
Further, the report states that a challenge the global table tennis equipment is facing is long replacement cycle of tables and blades, including in the pre-assembled racket. With the increase in table protection, vendors have come up with waterproof and dustproof table covers to protect tables. The vendors have made it very essential for the owners, as it is thought to be the cheapest and most practical way to protect the tables and increase its life span. The covers are available in custom fit, subsequently increasing the life span of the tables to more than 10 years. Moreover, the materials used to manufacture the tables have also improved. In some places, like Germany and China, people use concrete tables for outdoor games that can for at least 50-60 years. However, the major tournaments have a list of tables, and only those can be used for games. The ITTF has not enforced any major modification in tables, unlike balls, where the use celluloid material is not allowed. Such a lack of change in equipment rules for tables, and the long durability of the table have made it a low replacement cycle product.
Butterfly, Double Happiness, DONIC, JOOLA, STIGA, Andro, Cornilleau, Dr. Neubauer, G.K. Industries, Killerspin, Nittaku, SAN-EI, Stag, TIBHAR, Xiom, Xu Shaofa Sports, Yasaka.
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