Published Date : 12 Sep 19 | Views: 113 | Industry : Sports
Robustness Factor to Help the Wood Foosball
Tables to Gain Greater Market Share
Features such as stability and robustness are
making wood a preferred material among manufacturers over other materials.
Also, its low cost as compared to other materials makes it popular among both
manufacturers and consumers.
Sporting Goods Retails to Witness Increased
Sales of the Foosball Tables
There has been a surge in the number of retail
stores, particularly in emerging countries like India, China, and Brazil. This
is, in turn, offering a growth opportunity for the foosball table manufacturers
to link with the distributors in these countries and increase their revenue in
the foosball table market. However, due to booming e-commerce industry and
increasing penetration of internet, people are now-a-days opting for online
channels to buy these foosball tables.
North America to Maintain its Lead in the foosball
table Market
Presence of leading players in the region is
having a major influence on the foosball table market growth in North America. It
has been observed that foosball has emerged as a popular indoor recreational
activity in US. This has raised the demand for foosball table in various
countries such as US. Furthermore, organizations such as The International
Table Soccer Federation and United States Table Soccer Federation are creating awareness
pertaining to this sport in the region. Asia Pacific may witness significant
growth in the upcoming years as the game is gaining traction in deveining
countries of the region.
Players Having a Strong Foothold in the Global
Foosball Table Market
Barron Games, Teckell, Bonzini USA, The Beck Companies,
Berner Biliards, Carrom Company, RENÉ PIERRE, Shelti, Inc., Garlando Sports and
Leisure, Great Lakes Dart Mfg. Inc., The Valley Dynamo Limited, Warrior Table
Soccer, and Blue Wave Products, Inc. are some of the major manufacturers of
foosball table in the global foosball table market. The key players of the
market are taking up key strategies such as mergers and acquisitions, expansions,
marketing investments, and technological innovations with an aim to gain a
greater market share and expand their customer base. For instance, key
companies such as Berner Billiards are making huge investments in marketing and
advertisements to attract more customers and expand their base.
Awareness through Tournaments Held By Various
Organizations to Play a Lead Role
Organizations from across the globe such as Federation
of Table Soccer, India and China Table Soccer Federation are holding tournaments
per week at various restaurants, sports complexes, and bars. This is leading to
increased traction of the foosball, which is further driving the demand for the
foosball table.
New Technology to Grab Attention of the
Players: Yes! The Game is ON!
Market participants are introducing foosball
tables with advanced technology features. This is increasing more interest
among the foosball players and attracting them in order to try the new
features. For instance, New Potato Technologies Classic Match Foosball for
iPads was launched with the integration of the iPad’s sophisticated technology.
Bluetooth Smart compatibility of the product makes it unique. In addition, Velocity
Karts in Christchurch, New Zealand have established a custom-built human foosball
arena. Such developments are anticipated to push the growth of the foosball
table market.