Table tennis equipment refers to various equipment and tools used by athletes in table tennis, which play a crucial role in improving their competitive level and enjoying the fun of table tennis.
Overview of Market Development
In recent years, the popularity of table tennis in the US has gradually increased. With the increase in the number of table tennis players in the US, the demand for table tennis equipment market has also grown. According to our research data, the estimated size of the US table tennis equipment market in 2024 is $75.20 million, an increase of 3.31% from 2023, and is expected to continue to increase to $84.92 million by 2029.
Market Competition Pattern
From the perspective of market competition, the concentration of the US table tennis equipment market is moderate. According to our data, the total output value of table tennis equipment for the top 3 enterprises in 2023 was $28.14 million, with a total share of 38.66%. The top 3 companies were DHS, Butterfly, and Nittaku, with table tennis equipment production value accounting for 15.37%, 14.06%, and 9.23% of the US market in 2023.
US Table Tennis Equipment Market Size Forecast and Competition Pattern Analysis
Source: www.globalmarketmonitor.com
Segmented Market Analysis
From the perspective of product types, the main segmented products in the US table tennis equipment market currently include table tennis tables, table tennis rackets, and table tennis balls. Among them, the table tennis racket segment market dominates, with an expected market share of 61.04% in 2024.
From the perspective of application scenarios, table tennis equipment is mainly used for match, training and leisure. Among them, the leisure field occupies the largest market share, with an estimated 64.53% in 2024.
US Table Tennis Equipment Segment Market Size and Market Share Forecast in
2024
|
Market Size (Million USD)
|
Market Share
|
Segmented by Product
|
Tables
|
13.90
|
18.48%
|
Rackets
|
13.30
|
17.69%
|
Balls
|
45.90
|
61.04%
|
Others
|
2.10
|
2.79%
|
Segmented by Application
|
Match and Training
|
26.66
|
35.45%
|
Leisure
|
48.53
|
64.53%
|
Source: www.globalmarketmonitor.com
For more industry information, please refer to our latest released "2023 Global Table Tennis Equipment Market Analysis Report, Key Competitors, Market Effect Factors, Growth, And Forecast".