Table tennis is very popular in Germany Table tennis supplies and equipment are in high demand
The 33rd Summer Olympic Games, Paris 2024, are scheduled to take place from 26 July to 11 August 2024 and cover a wide range of sports from traditional to modern, from individual to team, including table tennis.
Table tennis, a popular ball sport in the world, is named after the sound of "Ping Pong" when hitting. Globally, table tennis is popular for many reasons, including but not limited to: good for health, low requirements for venues, easy to popularize, and certain social attributes. According to the data released by the World Table Tennis Federation, there are currently more than 700 million people participating in table tennis around the world, of which more than 300 million are active table tennis players, and the number of players is always growing.
The popularity of table tennis around the world has also released a large number of table tennis supplies and equipment application demand. In addition to table tennis, table tennis rackets, table tennis tables, table tennis nets, rubber sets and other main products, including baffles, scoreboards, standard rulers and other auxiliary products for competitions.
Germany is a country that attaches great importance to the development of sports, and has started a national sports infrastructure construction plan very early, and the enthusiasm of citizens to participate in sports has always been maintained at a high level, involving hundreds of sports. According to the statistics of the Germany Sports Association, among the ten most popular sports in Germany, football occupies the highest position, and table tennis has risen to seventh place. The increasing popularity of table tennis in Germany and the increasing number of people participating in table tennis have largely released the market demand for table tennis supplies and equipment.
According to the "2024-2028 Germany Table Tennis Supplies and Equipment Market In-depth Research and Analysis Report" released by the New Thinking Industry Research Center, due to the gradual rise in production costs, the table tennis supplies and equipment manufactured by local enterprises in Germany are expensive, far exceeding the price of products imported from overseas, which also leads to the Germany table tennis equipment and equipment market mainly using imports to fill the demand gap. As one of the world's leading producers of table tennis supplies and equipment, China exports its products to it every year in the context of the increasingly popular table tennis Germany. According to the statistics of the General Administration of Customs of China, from January to May 2023, the cumulative export volume of China's table tennis supplies and equipment reached 9387.5 tons, with an export value of 68.275 million US dollars; of which, the number of table tennis supplies and equipment exported to Germany reached 970 tons, accounting for about 10%, second only to United States.
New Thinking Germany market analysts said that nowadays, table tennis has become a borderless, borderless global sport. In Germany, table tennis is also very popular with the public, and with the increasing popularity of table tennis, the number of people participating in table tennis is increasing, and the market demand for table tennis supplies and equipment in Germany is growing rapidly. However, at present, the supply of table tennis supplies and equipment in Germany is still highly dependent on imports, and China is an important source of imports, which also creates opportunities for Chinese enterprises to deploy in the Germany market.