Global Table Tennis Racquet Market Overview:
A table tennis racquet is also known as ping pong paddle, table tennis paddle, ping pong bat and table tennis bat. Tennis table racquet is used by two table tennis players. The racquet is made from laminated wood covered with rubber on one or two sides depending upon the grip of the player. About 15 cm across and 25 cm long including the handle and made of at least 85% of natural wood. A wood blade that incorporates to handle and rubber is affixed on top through which the game is played. Table tennis is being widely used with the rising popularity and an increasing number of sports clubs which include table tennis. Additionally, The International Table Tennis Federation (ITTF), the governing body for Table Tennis events worldwide, is focusing on expanding the scope of the game by developing the skills of the players and holding training programs to increase regular participation worldwide. This will propel the growth of the table tennis racquet market. Some of the key players profiled in the study are AVALLO AVX (Malaysia), Nittaku (Japan), DHS (Estonia), Yinhe (United Kingdom), Tibhar (Germany), STIGA Sports AB (Italy), Butterfly (Japan), Joola (United States) and Yasaka (Ukraine).
On the basis of geography, the market of Table Tennis Racquet has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Specialty And Sports Shops will boost the Table Tennis Racquet market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Rising Attraction Towards Sports
- Increasing Number of Sports Clubs
- Enhancements in Quality of the Table Tennis Blade
- Use of Robots in Table Tennis Practice
- Table Tennis Rubber Deteriorates With Age And Exposure to Light Even After It Is Been Kept Inside the Sealed Packet For Long Period of Time
- Government Initiatives towards the Sports Activities in Developing Nations
- Availability of Counterfeit Products
"Table tennis regulations approved by the International Table Tennis Federation (ITTF) allow different surfaces on each side of the paddle for various amounts of spin (including nullifying it) or speed. For example, a player may have a spin-heavy rubber on one side of his paddle, and no spin on the other side. The player can flip the racket in play for different types of returns. To help a player distinguish between different types of rubber used by his opponent, regulations specify that one side of a paddle must be red while the other must be black, allowing a player to see what side of a paddle hits the ball mid-play. The player has the right to inspect his opponent's racket before a match to see the type and color. Current rules state that, unless damaged in play, the paddle cannot be exchanged for another at any time during a match "
The market is primarily dominated by a few large vendors. With the sport increasingly becoming popular across the globe, manufacturers have ample opportunities to explore the global market. The established vendors in the market are trying to increase their market shares by sponsoring Quality table tennis rackets, balls, and tables for major table tennis tournaments like the Olympics, World Championship, and other national championships tournaments.
Target Audience:Manufacturers, Raw Material Suppliers, Distributors and Traders, Research Organisations, Government Agencies and Organisations
Major Objectives Focused through this Study To define, describe, and forecast the Global Table Tennis Racquet market on the basis of product [Inverted Racquet and Pip Out Racquet] , application [Amateur and Professionals], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Table Tennis Racquet market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Table Tennis Racquet industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Vendors which are also part of the research are DHS, Double Fish, Sword and Donic Schildkrt.
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Table Tennis Racquet market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.