Global Table Tennis Balls Market Overview:
Table tennis, also known as ping-pong is one of the popular sport in Europe and Asia. It is mostly played in South East Asian countries like China, Germany, South Korea, and Sweden. In the early 1990s, the tennis balls were made of celluloid and size was 38mm diameter. These balls have high-speed capability due to which it has less spectator entertainment. In the year 2000, International Table Tennis Federation (ITTF) introduced a tennis ball made of plastics with size increasing to 40mm diameter, weighing 2.7g with several color options such as white, orange or matt. Plastics balls help to reduce the speed and spin in comparison to celluloid balls and it gradually improves spectator fun of watching. Tennis balls are available in different types such as novelty balls, practice/training balls, one-star balls, two-star balls, and three-star balls. The growing interest in table tennis sport has driven the demand for tennis balls market.
- Rising Competitive Spirit in Table Tennis Sports
- Growing Popularity of Table Tennis as Personal Hobby
- Low Cost Benefit
- Increasing Raw Material Prices
- Not Suitable For Outdoors Because the Tennis Ball Are Light Weight
- Better Visual Tracking Due to the Size Of Ball
- Growing Indoor Table Tennis Sports
- Presence of a Large Number of Manufacturers
Some of the key players profiled in the report are Joola (Germany), Yasaka (Japan), Nittaku (Tokyo), Xiom (China), Xushaofa Sports (China), Stag (China), Double Fish (China), Weener (Germany), Butterfly (Japan), Double Happiness/DHS (China), Kevenz (United States), Asian pacific (Hong Kong), Stag (China), Stiga (Sweden), Sanghai Minkow (China) and East Point Sports (United States). Considering Market by Color, the sub-segment i.e. Orange will boost the Table Tennis Balls market. Considering Market by Material, the sub-segment i.e. Celluloid will boost the Table Tennis Balls market. Considering Market by Ball Diameter, the sub-segment i.e. 40mm will boost the Table Tennis Balls market. Considering Market by End User, the sub-segment i.e. Professional will boost the Table Tennis Balls market.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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The top-down and bottom-up approaches are used to estimate and validate the size of the Global Table Tennis Balls market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Table Tennis Balls market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, Table Tennis Ball Providers, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms and End Users.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.