The Latin America, Middle East and Africa Pool Tables Market would witness market growth of 7.5% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA Pool Tables Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $7,641 Thousands by 2031. The Argentina market is showcasing a CAGR of 8.3% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 7.1% during (2024 - 2031).
The growth of sports and leisure clubs, along with recreational centers and bars featuring these tables, has significantly contributed to expanding the demand for cue sports. The clubs serve as venues for leisure and social gatherings and host competitive tournaments and leagues that attract skilled players from the local community and beyond.
With manufacturers, retailers, and stakeholders adapting to changing consumer trends and technological advancements, the market is on the brink of continued growth and innovation. It is probable that the industry's future landscape will be influenced by the integration of smart technologies, sustainable materials, and customizable designs, which will be tailored to a diverse audience with a variety of cultural, aesthetic, and recreational preferences.
In South Africa, the demand for these tables has been rising alongside the growth of the hospitality sector, particularly in urban centers such as Johannesburg, Cape Town, and Durban. According to Statistics South Africa, non-resident visitors gracing South African shores increased from 2,7 million individuals in 2021 to 7,3 million in 2022. The development of upscale boutique hotels and luxury resorts has emphasized the need for recreational facilities like these tables to cater to leisure travelers seeking entertainment options during their stays. Investments in tourism infrastructure support this trend to enhance the overall hospitality experience across the country. Similarly, Saudi Arabia is experiencing a surge in demand for these tables driven by the country's ambitious tourism development plans under Vision 2030. The initiative aims to diversify the economy by boosting tourism and leisure activities, leading to significant investments in hospitality infrastructure. According to the Saudi Commission for Tourism and National Heritage (SCTH), hotel rooms and resorts are expanding rapidly, particularly in cities like Riyadh, Jeddah, and Al Khobar. The growth of tourism and the increasing number of leisure travelers have spurred the demand for recreational amenities in hotels and entertainment complexes, including these tables, to cater to domestic and international tourists. Consequently, the expanding hospitality industry in the region will drive the demand for these tables.
Free Valuable Insights: The Worldwide Pool Tables Market is Projected to reach 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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