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According to the latest research, the global Table Tennis Footwear market size was valued at USD 116.35 million in 2022 and is expected to expand at a CAGR of 3.32% during the forecast period, reaching USD 141.5 million by 2028.
Table tennis shoes are designed to make movement easier. This means they are light; they have good grip and quite a thin sole to reduce the chance of customers rolling ankle as move side to side.
Influence of COVID-19 Outbreak on Table Tennis Footwear Industry Development
Affected by COVID-19, the international table tennis footwear brand is undergoing an unprecedented test. Due to the outbreak of COVID-19, sports events and the sports market have been severely hit, which has also affected the sales of table tennis footwear products. In addition, people's reduction of going out for sports has also had a greater impact on the table tennis footwear industry.
During COVID-19, in view of strict work stoppages and import and export restrictions, sourcing raw materials for table tennis footwear has become a key challenge. Restricting the import of table tennis footwear affects downstream consumption. The main brands of table tennis footwear have been trying hard to meet the demand, which has created new players in the market, so the competitiveness will become stronger. In addition, fluctuations in raw material prices are expected to curb the demand for table tennis footwear products to a certain extent.
Affected by COVID-19, antibacterial protective fabrics have been robbed by major medical manufacturers. Single products with protective functions will become a hot spot for everyone's attention. The innovative fabrics of table tennis footwear are more protective and functional, including dryness, waterproofing and antibacterial. Let mankind better deal with various changes in life and create all-day wearable items. In 2021, human beings will pay more attention to improving the self-immune system through various exercise methods, and protective fabrics can be used for table tennis footwear.
Limitations
For the table tennis footwear market, the results of future industry competition will inevitably follow the Matthew effect, that is, the situation of "the strong gets stronger, the weak gets weaker". With the continuous changes in the market demand of the table tennis footwear industry and the continuous upgrading of the consumer market, consumers will pay more attention to technological and functional products.
Those international brands will rely on their own advantages to obtain a large number of basic consumer groups. The development trend of table tennis footwear industry pointed out that for those second- and third-tier brands, they will face pressure from international brands, and their survival pressure will increase.
Under normal circumstances, table tennis footwear companies have stores in various places. This will undoubtedly increase a large number of initial investment costs for new enterprises. Unlike other small shops, the sunk cost of the table tennis footwear industry is relatively large. In the early days, table tennis footwear companies generally have difficulty enjoying the economies of scale. Compared with the existing enterprises in the industry, the production cost is inevitably higher. This factor limits the development of the table tennis footwear market.
Region Overview:
From 2023-2028, Japan is estimated to witness robust growth prospects.
Company Overview:
Mizuno Corporation is one of the major players operating in the Table Tennis Footwear market, holding a share of 22.19% in 2021.
Mizuno Corporation manufactures and sells sporting goods including gear, clothing, and footwear. The Company has brand recognition, specializing in baseball, ski, tennis, and golf gear. Mizuno also constructs sport facilities such as track field, tennis court, and golf practice field.
Asics is a Japanese manufacturer and distributor of sporting goods. The company organizes itself across three business domains: athletic sports, sports lifestyle, and health/comfort. Athletic sports provide equipment for running, Asics’ core business; training; tennis; and rugby. Sports lifestyle includes fashion and lifestyle apparel and footwear. Health/comfort includes casual leather shoes, safety shoes, and nursing care facilities.
Segmentation Overview:
Among different product types, Men's Shoes segment is anticipated to contribute the largest market share in 2028.
Application Overview:
By application, the Offline Sales segment occupied the biggest share from 2018 to 2022.
This report elaborates on the market size, market characteristics, and market growth of the Table Tennis Footwear industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Table Tennis Footwear. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Table Tennis Footwear Market Report Include:
Market Size Estimates: Table Tennis Footwear market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Table Tennis Footwear market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Table Tennis Footwear market
Segment Market Analysis: Table Tennis Footwear market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Table Tennis Footwear market situations and prospects in major and top regions and countries
Table Tennis Footwear Market
Table Tennis Footwear Industry Chain: Table Tennis Footwear market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Table Tennis Footwear Industry News, Policies by regions
Table Tennis Footwear Industry Porters Five Forces Analysis
Key players in the global Table Tennis Footwear market are covered in Chapter 2:
Butterfly
Mizuno Corporation
Decathlon
STIGA
JOOLA
Asics
Adidas
LI-NING
In Chapter 6 and Chapter 9, on the basis of types, the Table Tennis Footwear market from 2018 to 2028 is primarily split into:
Men's Shoes
Woman's Shoes
In Chapter 7 and Chapter 10, on the basis of applications, the Table Tennis Footwear market from 2018 to 2028 covers:
Online Sales
Offline Sales
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Table Tennis Footwear market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Table Tennis Footwear industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Table Tennis Footwear market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Table Tennis Footwear industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Table Tennis Footwear market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Table Tennis Footwear market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Table Tennis Footwear market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
2022
Table tennis shoes are designed to make movement easier. This means they are light; they have good grip and quite a thin sole to reduce the chance of customers rolling ankle as move side to side.
Influence of COVID-19 Outbreak on Table Tennis Footwear Industry Development
Affected by COVID-19, the international table tennis footwear brand is undergoing an unprecedented test. Due to the outbreak of COVID-19, sports events and the sports market have been severely hit, which has also affected the sales of table tennis footwear products. In addition, people's reduction of going out for sports has also had a greater impact on the table tennis footwear industry.
During COVID-19, in view of strict work stoppages and import and export restrictions, sourcing raw materials for table tennis footwear has become a key challenge. Restricting the import of table tennis footwear affects downstream consumption. The main brands of table tennis footwear have been trying hard to meet the demand, which has created new players in the market, so the competitiveness will become stronger. In addition, fluctuations in raw material prices are expected to curb the demand for table tennis footwear products to a certain extent.
Affected by COVID-19, antibacterial protective fabrics have been robbed by major medical manufacturers. Single products with protective functions will become a hot spot for everyone's attention. The innovative fabrics of table tennis footwear are more protective and functional, including dryness, waterproofing and antibacterial. Let mankind better deal with various changes in life and create all-day wearable items. In 2021, human beings will pay more attention to improving the self-immune system through various exercise methods, and protective fabrics can be used for table tennis footwear.
Limitations
For the table tennis footwear market, the results of future industry competition will inevitably follow the Matthew effect, that is, the situation of "the strong gets stronger, the weak gets weaker". With the continuous changes in the market demand of the table tennis footwear industry and the continuous upgrading of the consumer market, consumers will pay more attention to technological and functional products.
Those international brands will rely on their own advantages to obtain a large number of basic consumer groups. The development trend of table tennis footwear industry pointed out that for those second- and third-tier brands, they will face pressure from international brands, and their survival pressure will increase.
Under normal circumstances, table tennis footwear companies have stores in various places. This will undoubtedly increase a large number of initial investment costs for new enterprises. Unlike other small shops, the sunk cost of the table tennis footwear industry is relatively large. In the early days, table tennis footwear companies generally have difficulty enjoying the economies of scale. Compared with the existing enterprises in the industry, the production cost is inevitably higher. This factor limits the development of the table tennis footwear market.
Region Overview:
From 2023-2028, Japan is estimated to witness robust growth prospects.
Company Overview:
Mizuno Corporation is one of the major players operating in the Table Tennis Footwear market, holding a share of 22.19% in 2021.
Mizuno Corporation manufactures and sells sporting goods including gear, clothing, and footwear. The Company has brand recognition, specializing in baseball, ski, tennis, and golf gear. Mizuno also constructs sport facilities such as track field, tennis court, and golf practice field.
Asics is a Japanese manufacturer and distributor of sporting goods. The company organizes itself across three business domains: athletic sports, sports lifestyle, and health/comfort. Athletic sports provide equipment for running, Asics’ core business; training; tennis; and rugby. Sports lifestyle includes fashion and lifestyle apparel and footwear. Health/comfort includes casual leather shoes, safety shoes, and nursing care facilities.
Segmentation Overview:
Among different product types, Men's Shoes segment is anticipated to contribute the largest market share in 2028.
Application Overview:
By application, the Offline Sales segment occupied the biggest share from 2018 to 2022.
This report elaborates on the market size, market characteristics, and market growth of the Table Tennis Footwear industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Table Tennis Footwear. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Table Tennis Footwear Market Report Include:
Market Size Estimates: Table Tennis Footwear market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Table Tennis Footwear market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Table Tennis Footwear market
Segment Market Analysis: Table Tennis Footwear market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Table Tennis Footwear market situations and prospects in major and top regions and countries
Table Tennis Footwear Market
Competitive Landscape
and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product/service profile and recent development/updates, etc.Table Tennis Footwear Industry Chain: Table Tennis Footwear market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Table Tennis Footwear Industry News, Policies by regions
Table Tennis Footwear Industry Porters Five Forces Analysis
Key players in the global Table Tennis Footwear market are covered in Chapter 2:
Butterfly
Mizuno Corporation
Decathlon
STIGA
JOOLA
Asics
Adidas
LI-NING
In Chapter 6 and Chapter 9, on the basis of types, the Table Tennis Footwear market from 2018 to 2028 is primarily split into:
Men's Shoes
Woman's Shoes
In Chapter 7 and Chapter 10, on the basis of applications, the Table Tennis Footwear market from 2018 to 2028 covers:
Online Sales
Offline Sales
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Table Tennis Footwear market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Table Tennis Footwear industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Table Tennis Footwear market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Table Tennis Footwear industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Table Tennis Footwear market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Table Tennis Footwear market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Table Tennis Footwear market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
Years considered for this report:
Historical Years:
2018-2022Base Year:
2022Estimated Year:
2023Forecast Period:
2023-2028Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
