The Europe Pool Tables Market would witness market growth of 4.8% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Pool Tables Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $18,798.6 Thousands by 2031. The UK market is exhibiting a CAGR of 3.9% during (2024 - 2031). Additionally, The France market would experience a CAGR of 5.7% during (2024 - 2031).
The Industrial Revolution of the 19th century propelled the popularity of pools, as advancements in manufacturing techniques allowed for the mass production of these tables, making them more accessible to a broader audience. This era saw the emergence of pool halls in urban centers, where players from all walks of life could gather to test their skills and enjoy the social atmosphere.
Manufacturers consistently challenge the limits of design and functionality, providing a diverse selection of choices that accommodate varying budgets and preferences. Modern tables are crafted from various materials, including hardwoods, composite materials, and even high-tech carbon fibers, each offering distinct advantages in durability, aesthetics, and playing experience. Technological innovations have also revolutionized the market, as automatic ball return systems, LED lighting, and digital scoring capabilities have become more prevalent.
The increase in the market in Europe is closely connected to the expansion of the hospitality business. As of early 2024, the European hotel industry recorded an occupancy rate of 66.4%, a slight increase compared to the previous year and a significant improvement in hotel occupancy rates compared to 2022. This upward trend in occupancy rates is a positive indicator for the hospitality sector, suggesting more activity in hotels where these tables are often a feature. Moreover, Europe's broader hospitality sector is expected to grow. From 2023 to 2025, about 56,000 new hotel rooms will be added in the largest European markets. Such expansions in the hospitality sector are likely to increase the installations of recreational facilities, including these tables, as these amenities attract guests and enhance their stay experience. The growth in business travel and the blending of business with leisure travel ('bleisure') trends also contribute to a more robust demand for such amenities. Businesses and travelers look for hotels that offer both comfort and recreational options. Thus, all the factors above will aid in the market's growth
Free Valuable Insights: The Global Pool Tables Market will Hit USD 324.8 Million by 2031, at a CAGR of 5.2%
Based on Type, the market is segmented into American Pool Table and British Pool Table. Based on Material, the market is segmented into Slate, Wooden, Metallic, and Rubber. Based on Distribution Channel, the market is segmented into Specialty Stores, Hypermarkets & Supermarkets, Departmental Stores, and Online Sales Channel. Based on End-Use, the market is segmented into Professional, Commercial, and Residential. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
By Type
By Material
By Distribution Channel
By End-Use
By Country
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