Billiards Market size was valued at around USD 650 million in 2022 and is poised to grow at a CAGR of 2.8% over 2023-2029. In recent years, the increased popularity of cue games among the millennial population has sparked interest in billiards. The billiards market is being driven by macroeconomic reasons such as mass urbanization and economic development in emerging nations, which have boosted the number of pool clubs and generated interest in the game among a varied spectrum of people around the world. Product development, matched with consumer loyalty, is one of the essential microeconomic components determining the growth of the billiards market. Moreover, Various governing bodies and groups also contributed significantly to promoting billiards and snooker as a sport. Furthermore, the government's actions in encouraging billiards and snooker will create additional prospects for the billiard cues industry to grow in the coming years. Another factor contributing to the global billiards and snooker equipment market is the e-retailing of various billiards and snooker items, resulting from cost-effective marketing and reaching a broader audience. Furthermore, the market's pace is projected to be fueled by the growing trend of organized retail chains. A billiard or pool table is a bounded table on which billiards-type games (cue sports) are played. In the modern era, all billiards tables (whether for carom billiards, pool, or snooker) provide a flat surface usually made of quarried slate that is covered with cloth (usually of tightly woven worsted wool called baize) and surrounded by vulcanized rubber cushions, with the whole elevated above the floor. More specific terms are used for particular sports, such as snooker table and pool table, and different-sized billiard balls are used on these table types. An obsolete term is billiard board, used in the 16th and 17th centuries.
Fastest Growing Market
The rise of e-commerce and the expansion of organized retail chains drive the worldwide billiards market. Key players have begun constructing customized billiards and snooker equipment in response to the growing trend of personalization to expand their customer base and enhance sales, which drives the billiards market. However, the high cost of raw materials required to construct pool tables, such as slate, wood, and cloth, impacts the final product's pricing.
The billiards market is projected to expand at a CAGR of 2.8% during the forecast period
Predator Group, Wiraka Pte Ltd, XingPai, Centurelli P.IVA, Ozone Billiards., Action Billiard Cues
North-America is the fastest-growing region for billiards market