Market Size of Billiards and Snooker Equipment Industry
Study Period | 2019 - 2029 |
Market Size (2024) | USD 344.06 Million |
Market Size (2029) | USD 397.52 Million |
CAGR (2024 - 2029) | 2.93 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Billiards & Snooker Equipment Market Analysis
The Billiards and Snooker Equipment Market size is estimated at USD 344.06 million in 2024, and is expected to reach USD 397.52 million by 2029, growing at a CAGR of 2.93% during the forecast period (2024-2029).
The market for equipment for billiards and snooker is predicted to increase rapidly in the upcoming years. The increasing popularity of sports and leisure activities among people all over the world is a crucial factor in the market's growth. Also, the global market for billiards and snooker equipment is expanding as these games become increasingly popular in different parts of the world. One of the elements boosting the growth of the worldwide billiards and snooker industry is the increase in e-commerce websites selling equipment for the billiards and snooker equipment industry.
With the growing trend of customization, the players have started designing customized billiards and snooker equipment and acquiring companies to increase their customer base and expand their presence. For instance, in January 2022, Escalade, Inca leader in sporting goods and indoor/outdoor recreation equipment, announced the signing of a definitive agreement to purchase the assets of the Brunswick Billiards business from Life Fitness, LLC, a portfolio company of KPS Capital Partners, LP. Brunswick Billiards is the largest and oldest provider of billiards tables, game tables, and game room furniture in the United States. The acquisition of Brunswick Billiards presents a significant opportunity to expand Escalade's reach into the billiards and indoor recreation markets. Brunswick Billiards complements Escalade's portfolio of billiards brands. Key players are using customer interaction platforms to get customer feedback regularly. With the increasing number of sports bars, especially in emerging economies, such as China and India, the demand for billiards and snooker equipment is also growing. Several sports halls, recreational centers, and clubs also provide billiards and snooker equipment for their members. Resorts, hotels, and sports bars are adding billiards and snooker halls to capitalize on the rising popularity of the sport which is expected to propel the market growth.