Shot down: Improvements in macroeconomic conditions will likely boost industry revenue
Pool & Billiard Halls Over the five years to 2018, most macroeconomic factors affecting the Pool and Billiard Halls industry showed positive growth. Per capita disposable income grew and consumer confidence in the economy sharply increased, causing consumers to liberally spend on discretionary activities, such as sports and entertainment. However, these positive developments did not benefit industry operators as much as in the past. Instead, the industry experienced steady declines, with revenue suffering primarily due to increased external competition from video games, mobile devices and parallel industries, such as bowling centers, family fun centers and others. Over the five years to 2023, the industry is forecast to continue its downward trajectory, despite continued improvements in macroeconomic conditions. Industry operators are expected to continue experiencing revenue losses, as declining participation rates are projected to persist, and pool halls will continue to have difficulty attracting younger customers.
This industry operates facilities where consumers can play cue sports, such as eight-ball and nine-ball. Also known as billiard halls, these facilities may also offer gaming machines, foosball, darts and other games.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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41 pages •
By Euromonitor International
• Apr 2022
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