Racket Sports Equipment - Eastern Asia
Eastern Asia- In Eastern Asia, the revenue in the Racket Sports Equipment market is projected to reach a staggering US$5.2bn in 2024.
- This market segment is anticipated to grow annually by 6.12% between 2024 and 2029, according to the Compound Annual Growth Rate (CAGR).
- When comparing globally, China stands out as the leading revenue generator in this market, with an estimated revenue of US$4.4bn in 2024.
- In terms of per capita revenue, each person in Eastern Asia is expected to contribute US$3.17 towards the Racket Sports Equipment market in 2024.
- In Eastern Asia, badminton is the dominant racket sport, with a high demand for professional-grade equipment.
- Key regions:
- United Kingdom,
- India,
- United States,
- Italy,
- Asia
Definition:
Racket sports equipment includes products designed for various racket-related activities such as tennis, badminton, and squash. This category includes rackets, balls, shuttlecocks, grips, and other protective gear. Technological advancements, increasing interest in racket sports, and the growing popularity of sports tourism are some of the factors driving the racket sports equipment market.
Additional Information:
The market comprises revenue and average revenue per capita. Figures are generated through both online and offline sales channels and include spending by consumers (B2C). Key players in the market are companies like Yonex, Wilson Sporting Goods, Tecnifibre, and Dunlop. These companies are leaders in their respective segments and are known for their innovative products, brand reputation, and extensive distribution networks. For more information on the data displayed, use the info button right next to the boxes.
In-Scope
- Table tennis paddles as well as tennis and badminton rackets
- Table tennis and tennis balls as well as badminton shuttlecocks
- Nets, table tennis tables, and other court equipment
- Tennis bags, strings, grips, and other accessories
Out-Of-Scope
- Tennis shirts, shorts, wristbands, and other sports apparel
- Tennis and badminton shoes as well as other sports footwear
