Racket Sports Equipment - Norway
Norway- in Norway, a country known for its love of outdoor activities, particularly in the field of sports, contributes to the revenue in the Racket Sports Equipment market.
- In 2024, the market in Norway is projected to generate a revenue of US$5.2m.
- Looking ahead, it is anticipated that the market will experience an annual growth rate of 1.61%, as calculated by the Compound Annual Growth Rate (CAGR) from 2024 to 2029.
- When comparing the global landscape, it is worth noting that China leads the way in terms of revenue generation.
- In 2024, China is forecasted to amass a staggering revenue of US$4.4bn.
- This showcases the immense popularity and demand for racket sports equipment in the Chinese market.
- To provide a more insightful perspective, it is interesting to examine the per capita revenue figures.
- In Norway, each individual is estimated to contribute US$0.95 in revenue towards the racket sports equipment market in 2024.
- This metric helps to gauge the level of engagement and interest in racket sports within the country.
- Overall, Norway's contribution to the global racket sports equipment market is significant, reflecting the country's active participation and enthusiasm for these sports.
- It will be intriguing to observe how this market segment evolves in the coming years, both in Norway and on a global scale.
- Norway, known for its love of outdoor sports, is witnessing a surge in the popularity of racket sports, with an increasing demand for high-quality 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
