Published Date: 2019-07-01 | Pages: Ongoing | Tables: Ongoing | Report ID: 7291
The global foosball table market is expected to enjoy a bright future as it rides on increasing participation in recreational and leisure-time activities and indoor games. Addition of innovative and smart technology-based features could be another factor augmenting the demand for foosball table. Rising interest in foosball is anticipated to work in the favor of the global market. Earlier in 2019, Velocity Karts launched the first human foosball arena in Christchurch, New Zealand. Development of such innovative recreation and sports arenas is prophesied to encourage more interest in foosball and, in turn, reflect positively on the global market growth.
Popularity of Smart Foosball Table with Advanced Features to Bode Well
● Emergence of smart foosball tables with high-speed overhead camera, audio cheering system, real-time leaderboard and score displays, and other features is expected to boost the growth of the global market
● Increasing popularity of foosball and growing interest in soccer are anticipated to work hand-in-hand to push the demand for foosball table. In May 2019, Fox Sports gifted the US women’s national soccer team a new foosball table with 3D-printed replica of each player in the form of manikins
● Need for recreational activities in corporate offices is foretold to allow the creation of more sales opportunities in the global foosball table market
● Availability of untapped opportunities and gradually increasing demand for foosball table in developing countries are predicted to help players to improve their reach
● Development of foosball facilities in residential locations could increase the demand for foosball table in future
Will Manufacturers Continue to Gain from Opportunities in Recreational Clubs
Manufacturers are foreseen to launch new products with improved features and consider tactical collaborations to cement a strong position in the global foosball table market. Companies are also prophesied to increase their production and focus on generating revenue from lucrative end users such as bars and clubs, restaurants and cafes, and recreation centers. In May 2019, Brunswick Corporation, a US designer of recreational, marine, and fitness products, acquired Freedom Boat Club to increase its presence in the boat club industry.
Some of the leading manufacturers operating in the global foosball table market are Blue Wave Products, Inc., Carrom Company, Bonzini USA, Escalade Sports, Garlando Sports & Leisure, Gold Standard Games (Shelti), Brunswick Corporation, KICK Foosball, Rene Pierre, Great Lakes Dart Mfg. Inc., The Valley Dynamo Limited, and Warrior Table Soccer.
Report Focuses on Pricing Analysis of Global Foosball Table Market
The report answers critical questions related to growth, size, CAGR, and other vital factors of the global foosball table market. The analysts authoring the report have also focused on detailed pricing analysis of the global market, where product prices of leading manufacturers, actual product prices in the market, price trends, future product prices, and pricing strategies are discussed in great detail and accuracy. The pricing analysis section of the research study will help players to make important changes in their pricing tactics or develop new pricing strategies for improved results. This result-oriented research study assures players of quality insights into the pricing structure of the global market.
● Table Top
By Table Size
● Mini Table (<45”)
● Large (>57”)
● Small (45”- 55”)
● Regular (56”)
By Distribution Channel
● Third-party Online Channel
● Independent Sports Outlet
● Brand Online Channel
● Franchised Sports Outlet
● Modern Trade Channel
● Non-franchised Sports Chain
● Direct to Customer Channel
On the basis orientation, the global foosball table market is segmented into table top and freestanding. Among table size segments, analysts expect regular (56”) size to account for a leading market share. Foosball players show high preference for regular-size foosball tables because of their applicability for use in residential areas and tight spaces. Manufacturers are anticipated to use third-party online channels more than other types of distribution channels as e-commerce continues to show high penetration.
North America is projected to collect a major share of the global foosball table market due to heavy presence of top players in the region. People in the US show great interest in foosball as an indoor recreational activity or sport. Factors such as robust sales and increased demand for foosball table in key countries such as the US are predicted to help North America to maintain its supremacy in the global market.
NOTE - The analysis, thoughts, views, facts, and opinions expressed in this report are of the respective research analysts. QYR Consulting does not necessarily endorse it or it is also not essentially formal views of QYR Consulting.
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