Foosball Table Market Size will Grow by 5.2% CAGR through 2019 to 2027

The foosball table market remains a highly-consolidated landscape, with leading players consolidating their position across developed economies. Foosball table manufacturing giants remain highly focused on revenue generation from specific end-user clusters, such as restaurants & cafés, sports clubs & events, bars & clubs, and recreation centers. However, unorganized structure of the foosball market at the bottom continues, with multiple local players competing to retain their occupancy in the respective regions.

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High preference for wooden foosball table remains a palpable trend in the foosball table market. High durability with high versatility are among the key attributes demonstrating high demand for wooden foosball tables over the forecast period. Moreover, wooden foosball tables also offer a greater degree of sturdiness and scope to accommodate aesthetic features, which further enhances its visibility over other foosball table types. Plastic foosball table trails the former and is likely to gain steady popularity among foosball enthusiasts, owing to burgeoning use of plastics in the indoor sport equipment landscape.

As per Fact.MR analysis, end-users continue to show marked preferences for regular-sized (56”) foosball tables, with global sales estimated to cross 119 thousand units in 2019. Regular-sized foosball tables, align well with end-users’ space considerations and fit easily into residential spaces, making them an ideal investment among majority of the foosball players.

North America, spearheaded by healthy demand in the US, retains its hegemony in the foosball tables market. Furthermore, strong sales of foosball tables in North America can also be attributed to large-scale presence of leading manufacturers in the region. Furthermore, the lucrativeness of North America can also be accredited to the surging fad for foosball as a popular indoor sport in the US.

Foosball has been long famed and celebrated as traditional table soccer, on account of its analogy with the original sport of football. Soccer enthusiasts across regions such as Europe are resorting to foosball tables for great experiences and added convenience. This, in turn, is creating sustained opportunities for manufacturers of foosball tables to introduce distinguishable offerings and enhance their net profit.

While sales of foosball tables continue to witness exponential growth in developed economies, the adoption is at a nascent stage in emerging economies. Rising cognizance of foosball as a fun indoor activity in developing regions is gaining considerable momentum. Foosball table companies are eyeing niche opportunities across the emerging regions and are investing in aggressive marketing strategies to enhance their geographical reach. In addition, foosball table manufacturers are also adding intricate details into their products, including vintage designs and attractive embellishments for the foosball fanatics, who seek beyond monotonous patterns.

Emerging economies offer great investment-making avenues for manufacturers of foosball tables to consider, finds Fact.MR. Foosball is in vogue across emerging countries as a fun indoor sport, encouraging manufacturers of foosball tables for a production ramp-up. As per the report, brands are forging ahead with rigorous advertising and marketing campaigns in developing regions for tapping into new customer segments and setting themselves apart from their competitors. Sensing the aesthetic requirements of foosball fanatics, manufacturers are adding vintage designs and attractive embellishments for enhancing visual appeal of the foosball tables.

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Technology is enabling drastic and evident transformations across multiple areas, including indoor and outdoor sport equipment. Alongside increasing demand for smart accessories with enhanced functionalities, manufacturers of foosball tables are incorporating technologies, such as Artificial Intelligence (AI) and IOT, to ameliorate performance and speed attributes. Moreover, foosball table companies are also introducing additions, such as sensors and over-head cameras, to create significant value for the customers. Moreover, foosball table companies remain focused on staying cost-competitive with economical products along with active customer support, which includes expert advices and extended warranties, for boosting customer confidence.