QYResearch QYResearch: Global market of table tennis balls developed rapidly, with an average growth rate of 8.72%
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Author
Zhang Ning
Company
QYR Research Center
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QYResearch Recently, QYResearch published a report on global Table Tennis Balls market. Table Tennis is a popular sport in Asian Countries like China, Japan and Korea. In the last several years, global market of table tennis balls developed rapidly, with an average growth rate of 8.72%. In 2016, Global revenue of table tennis balls is nearly 155.9 M USD; the actual production is about 407.5 million units.
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QYResearch China is the largest supplier of table tennis, with a production market share nearly 92.5% in 2016. Japan is the second largest supplier of table tennis, enjoying production market share nearly 5.07% in 2016. Though Germany manufacturer Weener have introduced new technology, the market share of China will also be slowly increasing in the next several years due to low labor cost and materials cost. Today, nearly all table tennis are manufactured by the five manufacturers: Double Fish, DHS, Nittaku, Haoshaofa and Weener.
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