Table Tennis Market Size Worth USD 130.0 Million in 2021 | Precision business information

Global Table Tennis Market by Application

Global table tennis market by region

Global table tennis market by region

Thanks to high quality table tennis education, the participation of great players in important table tennis tournaments, including the Olympic Games

LONDON, UK, June 27, 2022 /EINPresswire.com/ — The global table tennis market size is valued at USD 130.0 million in 2021 and is expected to grow at a significant CAGR of 3.5% over the period 2022-2028. Table tennis was invented in the UK. It is an indoor sport played by 2 or 4 players on a hard table which is similar to royal tennis in principle. The table is normally dark in color, with white stripes around the edges, and is divided in half by a tennis net. Table tennis is also known as ping pong in various parts of the world. The object of table tennis is to hit a lightweight, celluloid, hollow, plastic ball into the net, bounce it across the half of the court closest to the player, and bounce it once off the side of the table of the other player. in such a way that the opponent is unable to return it accurately.

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Table tennis market growth factors:
The International Table Tennis Federation (ITTF), the world governing body for table tennis events, is focused on holding training programs to increase regular participation in the sport and expand the scope of the game by improving ability players. Asia-Pacific is expected to continue supporting the global table tennis market during the forecast period. As table tennis is China’s national sport, it accounts for a large percentage of the region’s table tennis product market. China has the most table tennis players of any country on the planet.

Table Tennis Market Segmentation:
The global table tennis market on the basis of product type, the market is divided into two-star ball, one-star ball, three-star ball and others. Based on application/end user, the market is separated into Fitness & Recreation and Match Training.

Table tennis market trend:
• People’s choices for non-contact sports are increasing which will help propel the market forward.

Restraining Factor of Table Tennis Market:
• The main obstacle to the expansion of this market is the fluctuation of commodity prices.

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The Table Tennis Market – Regional Analysis
During the projected period, Asia-Pacific is expected to continue dominating the global table tennis equipment market. Table tennis is China’s national sport; it therefore holds a significant share of the table tennis equipment market in the region. The number of tennis players in China is the largest in the world. Commitment of great players in major table tennis competitions thanks to the increase in table tennis training provided by Chinese coaches.

Impacts of the COVID-19 pandemic on the global table tennis market:
The global economy may be impacted in 3 major ways during the COVID-19 outbreak: directly through production and supply, indirectly through supply chains and markets, and financially through the effects on businesses and financial markets. According to analysts who follow the situation around the world, producers will be advantaged following the problem of COVID-19.

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Satya Prabhu
Precision business information
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