Racket Sports Equipment - Worldwide
Worldwide- The Racket Sports Equipment market worldwide is projected to generate a revenue of US$9.9bn in 2024.
- It is estimated that the market will experience an annual growth rate of 6.30% (CAGR 2024-2029).
- When compared on a global scale, China leads the way with a revenue of US$4.4bn in 2024.
- In terms of per capita income, each person worldwide is expected to contribute US$1.27 to the total revenue in 2024.
- The Racket Sports Equipment market showcases these significant numbers and trends.
- Despite the popularity of tennis in the United States, badminton equipment sales are on the rise, indicating a growing interest in the sport.
- 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
