Market Size of Billiards and Snooker Equipment Industry
Study Period | 2019 - 2029 |
Market Size (2024) | USD 344.06 Million |
Market Size (2029) | USD 397.52 Million |
CAGR (2024 - 2029) | 2.93 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Billiards & Snooker Equipment Market Analysis
The Billiards and Snooker Equipment Market size is estimated at USD 344.06 million in 2024, and is expected to reach USD 397.52 million by 2029, growing at a CAGR of 2.93% during the forecast period (2024-2029).
The market for equipment for billiards and snooker is predicted to increase rapidly in the upcoming years. The increasing popularity of sports and leisure activities among people all over the world is a crucial factor in the market's growth. Also, the global market for billiards and snooker equipment is expanding as these games become increasingly popular in different parts of the world. One of the elements boosting the growth of the worldwide billiards and snooker industry is the increase in e-commerce websites selling equipment for the billiards and snooker equipment industry.
With the growing trend of customization, the players have started designing customized billiards and snooker equipment and acquiring companies to increase their customer base and expand their presence. For instance, in January 2022, Escalade, Inca leader in sporting goods and indoor/outdoor recreation equipment, announced the signing of a definitive agreement to purchase the assets of the Brunswick Billiards business from Life Fitness, LLC, a portfolio company of KPS Capital Partners, LP. Brunswick Billiards is the largest and oldest provider of billiards tables, game tables, and game room furniture in the United States. The acquisition of Brunswick Billiards presents a significant opportunity to expand Escalade's reach into the billiards and indoor recreation markets. Brunswick Billiards complements Escalade's portfolio of billiards brands. Key players are using customer interaction platforms to get customer feedback regularly. With the increasing number of sports bars, especially in emerging economies, such as China and India, the demand for billiards and snooker equipment is also growing. Several sports halls, recreational centers, and clubs also provide billiards and snooker equipment for their members. Resorts, hotels, and sports bars are adding billiards and snooker halls to capitalize on the rising popularity of the sport which is expected to propel the market growth.
Billiards & Snooker Equipment Industry Segmentation
Billiards and Snooker equipment is used by an individual while training and playing billiards and snooker. The global billiards and snooker equipment market is segmented into type, equipment, distribution channel, and geography. By type, the market is segmented into carom, pool, and snooker. By equipment, the market is segmented into table, ball, cue, and other equipment. By distribution channel, the market is segmented into online retail stores and offline retail stores. By geography, the market is segmented into North America, Europe, Asia-Pacific, South America, Middle East and Africa. For each segment, the market sizing and forecasts have been done on the basis of value (in USD million).
Type | |
Carom | |
Pool | |
Snooker |
Equipment | |
Table | |
Ball | |
Cue | |
Other Equipment |
Distribution Channel | |
Offline Retail Stores | |
Online Retail Stores |
Geography | |||||||||
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Billiards and Snooker Equipment Market Size Summary
The billiards and snooker equipment market is poised for significant growth over the forecast period, driven by the increasing global popularity of these sports and leisure activities. The expansion of e-commerce platforms selling billiards and snooker equipment is further propelling market growth. Companies are increasingly focusing on customization and strategic acquisitions to broaden their customer base and enhance their market presence. Notable industry movements, such as Escalade's acquisition of Brunswick Billiards, highlight the trend towards consolidation and portfolio expansion. The rise of sports bars and recreational centers, particularly in emerging economies like China and India, is also contributing to the growing demand for billiards and snooker equipment. Additionally, the trend towards healthier lifestyles is encouraging more consumers to engage in sports activities, including billiards and snooker, thereby boosting market demand.
The market is also benefiting from the support of various associations and governing bodies that promote cue sports and recreational activities. Initiatives like the World Disability Snooker and the World Women's Snooker Tour are gaining traction, further driving participation and equipment sales. The adoption of online retail strategies and product innovation by major players is expected to enhance market dynamics. Manufacturers are introducing versatile and weatherproof equipment to cater to diverse consumer needs, such as outdoor snooker tables. Prominent companies in the market are engaging in product launches, mergers, and partnerships to strengthen their market position. These strategic moves, coupled with the increasing popularity of billiards and snooker as family pastimes, are anticipated to sustain the market's growth trajectory in the coming years.
Billiards and Snooker Equipment Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.2 Market Restraints
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1.3 Industry Attractiveness - Porter's Five Force Analysis
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1.3.1 Bargaining Power of Suppliers
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Threat of New Entrants
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Type
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2.1.1 Carom
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2.1.2 Pool
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2.1.3 Snooker
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2.2 Equipment
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2.2.1 Table
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2.2.2 Ball
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2.2.3 Cue
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2.2.4 Other Equipment
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2.3 Distribution Channel
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2.3.1 Offline Retail Stores
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2.3.2 Online Retail Stores
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2.4 Geography
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2.4.1 North America
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2.4.1.1 United States
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2.4.1.2 Canada
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2.4.1.3 Mexico
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2.4.1.4 Rest of North America
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2.4.2 Europe
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2.4.2.1 Spain
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2.4.2.2 United Kingdom
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2.4.2.3 Germany
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2.4.2.4 France
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2.4.2.5 Italy
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2.4.2.6 Belgium
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2.4.2.7 Rest of Europe
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2.4.3 Asia Pacific
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2.4.3.1 China
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2.4.3.2 Japan
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2.4.3.3 India
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2.4.3.4 Australia
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2.4.3.5 Rest of Asia-Pacific
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2.4.4 South America
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2.4.4.1 Brazil
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2.4.4.2 Argentina
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2.4.4.3 Rest of South America
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2.4.5 Middle East and Africa
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2.4.5.1 South Africa
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2.4.5.2 United Arab Emirates
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2.4.5.3 Rest of Middle East and Africa
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Billiards and Snooker Equipment Market Size FAQs
How big is the Billiards and Snooker Equipment Market?
The Billiards and Snooker Equipment Market size is expected to reach USD 344.06 million in 2024 and grow at a CAGR of 2.93% to reach USD 397.52 million by 2029.
What is the current Billiards and Snooker Equipment Market size?
In 2024, the Billiards and Snooker Equipment Market size is expected to reach USD 344.06 million.