1 Global Table Tennis Footwear Market Insight Analysis
The global Table Tennis Footwear market is valued at USD 140.61 million in 2024, with a CAGR of 3.52% from 2024 to 2033.
Table Tennis Footwear is 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.
Figure Global Table Tennis Footwear Market Size (M USD) and CAGR (2024-2033)
2 Table Tennis Footwear Market Growth Drivers and Restraints
From the perspective of driving factors, the first one to bear the brunt is the booming development of table tennis. In recent years, with the improvement of public health awareness, more and more people have participated in table tennis, and the number of table tennis enthusiasts has continued to grow. The popularization of the concept of national fitness has made table tennis more popular, and the scale and number of participants in various table tennis events have increased year by year.
For example, community table tennis competitions, school table tennis leagues, etc., all directly stimulate the market demand for table tennis shoes. Because of the characteristics of table tennis, participants need professional table tennis shoes to enhance the sports experience and protect their feet, which has promoted the growth of the table tennis shoe market.
The development of 3D printing technology has also injected strong momentum into the table tennis shoe market. With the help of 3D printing technology, companies can realize customized production of table tennis shoes. Brands like Adidas use this technology to make soles based on digital models of athletes’ feet to meet the personalized needs of different consumers for shoe comfort and functionality. This customized service not only increases the added value of the product, but also enhances consumers’ loyalty to the brand, attracting more consumers to buy table tennis shoes, and thus promoting the development of the market.
The improvement of consumers’ environmental awareness is also an important driving factor. In today’s society, consumers are increasingly inclined to buy environmentally friendly products. In the table tennis shoe industry, shoes made of environmentally friendly materials have received more attention and favor. This has prompted companies to increase their investment in the research and development and application of environmentally friendly materials, and launch more environmentally friendly table tennis shoes, which not only meets market demand, but also conforms to environmental protection trends, creating favorable conditions for market growth.
However, the growth of the table tennis shoe market also faces many limiting factors. The fluctuation of raw material prices is a major problem. The prices of the main raw materials of table tennis shoes, such as synthetic leather and synthetic fibers, are affected by many factors, including international crude oil prices, environmental protection requirements, market demand and labor costs. When the price of raw materials rises, the production cost of enterprises increases, and in order to maintain profits, they may increase product prices. However, excessively high prices will cause some consumers to turn to lower-priced alternatives, resulting in a decline in market demand, affecting corporate profits, and thus hindering market growth.
The problem of product homogeneity is also relatively serious. Currently, the table tennis shoes on the market are similar in appearance design and function, lacking innovation and differentiation. It is difficult for consumers to distinguish the pros and cons of products, which makes it difficult for companies to attract consumers through product features, and the development of the entire industry is therefore inhibited. It is even more difficult for new brands or small and medium-sized enterprises to stand out in an environment of product homogeneity, which limits the diversified development of the market.
3 Technological Innovations in the Table Tennis Footwear Market
Technological innovation is one of the core driving forces for the development of the table tennis shoe market. In terms of material innovation, companies are constantly exploring new materials to improve product performance. For example, as the main raw materials of table tennis shoes, synthetic leather and synthetic fibers have been continuously optimized. While imitating the texture of natural leather, synthetic leather has advantages in smoothness, thickness and corrosion resistance; synthetic fibers are ideal materials for making uppers due to their lightness, softness and breathability. Some companies also use environmentally friendly materials to make table tennis shoes to meet consumers’ demand for environmentally friendly products and enhance the competitiveness of products.
Innovation in manufacturing processes has also brought changes to the table tennis shoe market. 3D printing technology is increasingly used in the production of table tennis shoes. Brands such as Adidas use 3D printing systems to make soles based on digital models of athletes’ feet, realizing customized production of products. This customized manufacturing not only improves the fit and comfort of the shoes, but also meets the personalized needs of different consumers, providing consumers with a better sports experience, thereby expanding the market space.
In addition to technological innovation, corporate mergers and acquisitions are also important development trends in the table tennis shoe market. Enterprises achieve resource integration, market expansion and competitiveness through mergers and acquisitions. For example, Decathlon acquired Bergfreunde, an online professional retailer focusing on mountain sports, rock climbing and outdoor equipment. It has a strong market influence in 11 European countries and operates a European e-commerce platform. Decathlon’s acquisition aims to further expand its business in the outdoor sporting goods market and achieve diversified development with the help of Bergfreunde’s resources. This will not only help Decathlon expand its market share, but also enrich its product range and enhance its competitiveness in the global sporting goods market.
Mizuno opened a new innovation center, MIZUNO ENGINE, which is located at its headquarters in Osaka, Japan, with an area of 6,500 square meters and cost about 5 billion yen. The innovation center provides Mizuno with a dedicated space for measuring, manufacturing and testing all product prototypes, which can accelerate the trial and error cycle such as sample production and verification, speed up product development, and make Mizuno more advantageous in technological innovation, which will help it launch more competitive table tennis shoes and consolidate its position in the market.
4 Global Table Tennis Footwear Market Size by Type
Men’s shoes are projected to generate a revenue of 94.94 million USD, accounting for approximately 67.52% of the total market. This segment’s dominance is driven by higher market penetration, a wider range of product offerings, and significant investments in technological advancements that cater to the specific needs of male players. These factors contribute to the robust performance and continued growth of men’s table tennis shoes in the market.
On the other hand, women’s shoes are expected to contribute 45.67 million USD to the total market revenue in 2024, representing about 32.48%. The growth in this segment is fueled by the increasing participation of female players in table tennis, as well as the rising demand for shoes that combine functionality with fashion. Manufacturers are focusing on creating lightweight, comfortable, and stylish options that appeal to both casual and competitive female players. Targeted marketing strategies aimed at highlighting the unique benefits of women’s table tennis shoes are also playing a crucial role in driving sales and expanding market share.
Table Global Table Tennis Footwear Market Size and Share by Type in 2024
Type | Market Size (M USD) 2024 | Market Share 2024 |
|---|---|---|
Men’s Shoes | 94.94 | 67.52% |
Woman’s Shoes | 45.67 | 32.48% |
5 Global Table Tennis Footwear Market Size by Application
Online sales continue to be a significant driver for the table tennis footwear market. In 2024, online sales are expected to generate a revenue of approximately USD 41.48 million. This segment is anticipated to hold a market share of around 29.50%, reflecting a steady increase from previous years. The growth in online sales can be attributed to the convenience offered to consumers, who can easily compare products and make informed purchasing decisions without the need to visit physical stores. Additionally, the lower operational costs associated with online platforms contribute to competitive pricing, further boosting this segment.
Offline sales remain the dominant application segment, with a projected revenue of USD 99.13 million in 2024. This segment is expected to hold a market share of approximately 70.50%. Despite the rise in online shopping, many consumers still prefer the tactile experience and immediate availability of products offered by physical stores. Offline sales also benefit from the ability to provide personalized customer service and the opportunity for consumers to try on footwear before purchasing, which is crucial for ensuring the right fit and comfort.
Table Global Table Tennis Footwear Market Size and Share by Application in 2024
Application | Market Size (M USD) 2024 | Market Share 2024 |
|---|---|---|
Online Sales | 41.48 | 29.50% |
Offline Sales | 99.13 | 70.50% |
6 Global Table Tennis Footwear Market Size by Region
In 2024, North America is projected to generate a revenue of USD 25.71 million, marking a significant growth from the previous year. This region has been consistently showing an upward trend, reflecting the increasing popularity of table tennis and the demand for specialized footwear. The market in North America is characterized by a growing number of professional and amateur players, as well as investments in sports infrastructure, which are driving the demand for high-quality table tennis footwear.
Europe is expected to contribute USD 20.82 million to the global revenue in 2024. The region has a well-established sports culture, and table tennis is no exception. The market here benefits from a strong presence of sports brands and a consumer base that values quality and performance. However, the growth rate is slightly slower compared to other regions, possibly due to market saturation and intense competition among brands.
China stands out as a major player in the table tennis footwear market, with an estimated revenue of USD 41.62 million in 2024. The region’s love for table tennis is deeply ingrained, and the sport enjoys widespread popularity. The market is fueled by a large consumer base, government support for sports, and the presence of numerous manufacturing hubs. The growth in China is also attributed to the increasing focus on health and fitness among the population, leading to a surge in sports participation.
Japan is anticipated to contribute USD 45.10 million to the global revenue in 2024. The country has a strong sports culture, and table tennis is particularly popular. The market is supported by a dedicated fan base, advanced sports technology, and a preference for high-quality sports gear. Japan’s position as a leader in innovation also drives the demand for advanced table tennis footwear, contributing to its significant market share.
Southeast Asia is projected to generate USD 1.41 million in revenue in 2024. While this region has a smaller market compared to others, it holds significant growth potential. The increasing popularity of table tennis, coupled with a growing middle class that can afford sports-related expenses, is driving the market. However, the market is still developing, and there is room for expansion as more resources are dedicated to sports infrastructure and promotion.
India is expected to contribute USD 1.06 million to the global revenue in 2024. The market in India is growing, albeit slowly, due to the increasing interest in table tennis and the expansion of sports facilities. However, the market is still nascent, and there is a need for greater awareness and investment in the sport to boost the demand for specialized footwear.
Figure Global Table Tennis Footwear Market Size (M USD) by Region in 2024
7 Global Table Tennis Footwear Market Analysis by Major Players
Mizuno Corporation
Company Profile:
Established in 1906, Mizuno Corporation is a renowned Japanese sportswear and equipment manufacturer with a global presence.
Business Overview:
Mizuno specializes in creating high-performance sports gear, including footwear, apparel, and equipment for a variety of sports such as baseball, tennis, and golf. The company is known for its innovation and quality, aiming to enhance athletic performance through its products.
Product Offered:
Mizuno offers a range of table tennis footwear designed for stability and comfort, such as the WAVE DRIVE 8 model, which features a flat sole for excellent stability and a half-bootie structure for comfort.
2023 Revenue Summary:
Mizuno Corporation generated a revenue of USD 30.75 million in 2023, marking it as a leader in the table tennis footwear industry with a strong global presence and a reputation for quality.
Asics
Company Profile:
Founded in 1949, Asics is a Japanese multinational corporation that designs and manufactures sports footwear, clothing, and accessories.
Business Overview:
Asics operates across three business domains: athletic sports, sports lifestyle, and health/comfort. It is particularly known for its running shoes, but also offers products for various other sports, including table tennis.
Product Offered:
Asics provides table tennis footwear like the ATTACK DOMINATE FF 2, which is designed for enhanced stability and features lightweight construction with seamless mesh paneling for better airflow.
2023 Revenue Summary:
Asics achieved a revenue of USD 26.25 million in 2023, reflecting its strong market position and the popularity of its sports products, particularly in the APAC, Europe, and North America regions.
LI-NING
Company Profile:
Established in 1990, LI-NING is one of China’s leading sports brand companies, offering professional and leisure footwear, apparel, equipment, and accessories.
Business Overview:
LI-NING operates under its own brand, focusing on innovation and design to cater to the needs of athletes and sports enthusiasts. The company has a strong presence in the Chinese market and is expanding its global reach.
Product Offered:
LI-NING’s table tennis footwear includes models with features like lightweight construction, cushioning made of different densities, and an original rubber outsole with a strong anti-slip function.
2023 Revenue Summary:
LI-NING generated a revenue of USD 16.05 million in 2023, showcasing its significant growth and influence in the table tennis footwear market, especially in the Chinese market and beyond.