Over the five years to 2014, revenue the Pool and Billiards Halls industry has steadily declined as a result of the recession and poor consumer sentiment. Because the industry is highly sensitive to changes in per capita disposable income, the subsequent decrease in the Consumer Confidence Index following the recession discouraged consumers from spending on leisurely activities such as pool and billiards. Furthermore, the industry faces fierce external competition from other bars and nightclubs that offer similar services to the casual pool player, as well as increasing alternative entertainment options such as video games and mobile technology. Over the next five years, the industry is anticipated to further decline as external competition intensifies and participation trends continue their downward trend.
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.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.