Tennis Racquet Market Overview
Tennis, racquetball, badminton, and squash all require the use of a racquet to strike a ball or shuttlecock. Tennis racquets come in a variety of sizes, lengths, and weights. The global Tennis Racquet Market is expected to grow at a considerable rate in the coming years.
Tennis racquets come in a variety of colours, weights, and sizes. The global tennis racquet market is being driven by several factors, one of which is increased awareness about the value of sports around the world. The global tennis racquet market is predicted to accelerate as the middle-class family's standard of living rises and their disposable income rises. Furthermore, the global tennis racquet market is being driven by an increase in the number of athletes who require light and heavy tennis racquets. Aside from sports, tennis racquets have a lot of potential in the non-sports sector.
In addition to this, tennis racquet manufacturers are adopting innovative technologies such as the bending zone, aero modular, and woofer into their products to make them more durable and pleasant. During the forecast period, this is expected to drive the global tennis racquet market.
| Report Metric | Details |
| Market size available for years | 2023–2030 |
| Base year considered | 2023 |
| Forecast period | 2024–2030 |
| Forecast unit | Value (USD Million) |
| Segments covered | Raw Material, Distribution Channel, End-User, Head Size, and Region. |
| Regions covered | North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA) |
| Companies covered | Amer Sport, YONEX Co., Ltd., Babolat, ASI -CSP,llc, Tecnifibre, Dunlop Sports Group Americas, ABG-PRINCE OPCO, LLC, GAMMA Sports, PACIFIC Holding GmbH, ProKennex, ONE SPORTS s.r.l, PowerAngle, HEAD, Slazenger, Wilson Sporting Goods, Volkltennis. |
Covid-19 Impact on Tennis Racquet Market
Consumers across the globe are adjusting to the new normal and there is a noteworthy discrepancy in consumer behavior. Consumer's purchasing habits, behavior, and attitudes have changed in light of COVID-19. People are shopping very consciously and are majorly centered on basic needs and are buying locally. Consumers are using digital commerce to play, learn, and connect to manage isolation and follow social distancing policy. The covid-19 has consistently impacted the shopping behavior of 9 in 10 consumers. Nearly 30-50 percent of the consumers have shifted towards online shopping from March 2020 to December 2020.
Tennis Racquet Market Segment Overview
Based on the Raw Material, Carbon Fiber is one of the important segments in the global Tennis Racquet Market. Carbon fiber is the most preferred material used to manufacture lightweight and rigid tennis racquets. Furthermore, by Distribution Channel, Specialty and Sports Shops is another major segment in the market. The most popular and preferred channel of end-users is specialty and sports shops. Aside from specialty and sports shops, the global tennis racquet market has a lot of opportunities in the online distribution channel.
Tennis Racquet Market, By Raw Material
· Carbon Fiber
· Aluminum
Tennis Racquet Market, By Distribution Channel
· Online
· Specialty And Sports Shops
· Wholesaler
· Discount Store
· Others
Tennis Racquet Market, By End-User
· Sports
· Non-Sports
Tennis Racquet Market, By Head Size
· 85-98 sq. inch
· 99-105 sq. inch
· 106-135 sq. inch
Tennis Racquet Market Regional Overview
Based on the region, the global tennis racquet market is divided into North America, South America, Asia Pacific, Middle East & Africa, and Europe. The market is expected to be dominated by Europe, followed by North America. The United States leads the region, with a large percentage of people participating in tennis and other sporting activities. Moreover, Asia Pacific is predicted to enlarge at a rapid pace in the forecasted period. Increasing fitness activities is anticipated to increase the opportunity for the manufacturer in this region.
Tennis Racquet Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Tennis Racquet Market, Key Players
· Amer Sport
· YONEX Co., Ltd.
· Babolat
· ASI -CSP,llc
· Tecnifibre
· Dunlop Sports Group Americas
· ABG-PRINCE OPCO, LLC
· GAMMA Sports
· PACIFIC Holding GmbH
· ProKennex
· ONE SPORTS s.r.l
· PowerAngle
· HEAD
· Slazenger
· Wilson Sporting Goods
· Volkltennis
Frequently Asked Questions (FAQ) :
Q1. What are the driving factors for the global Tennis Racquet market?
The global tennis racquet market is being driven by several factors, one of which is increased awareness about the value of sports around the world.
Q2. Which Segments are covered in the global Tennis Racquet market report?
Raw Material, Distribution Channel, End-User, Head Size, and Region. these segments are covered in the global Tennis Racquet market report.
Q3. Which segment is projected to hold the largest share in the global Tennis Racquet market?
The carbon Fiber segment is projected to hold the largest share in the global Tennis Racquet market.
Q4. Which region holds the largest share in the global Tennis Racquet market?
Europe held the largest share in the global Tennis Racquet market
Q5. Which are the prominent players in the global Tennis Racquet market?
Amer Sport, YONEX Co., Ltd., Babolat, ASI -CSP,llc, Tecnifibre, Dunlop Sports Group Americas, ABG-PRINCE OPCO, LLC, GAMMA Sports, PACIFIC Holding GmbH, ProKennex, ONE SPORTS s.r.l, PowerAngle, HEAD, Slazenger, Wilson Sporting Goods, Volkltennis. are some key players in the global Tennis Racquet market.
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Tennis Racquet Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Raw Material
- 5.2.1. Carbon Fiber
- 5.2.2. Aluminum
- 5.3. Market Analysis, Insights and Forecast – By Distribution Channel
- 5.3.1. Online
- 5.3.2. Specialty And Sports Shops
- 5.3.3. Wholesaler
- 5.3.4. Discount Store
- 5.3.5. Others
- 5.4. Market Analysis, Insights and Forecast – By End-User
- 5.4.1. Sports
- 5.4.2. Non-Sports
- 5.5. Market Analysis, Insights and Forecast – By Head Size
- 5.5.1. 85-98 sq. inch
- 5.5.2. 99-105 sq. inch
- 5.5.3. 106-135 sq. inch
- 5.6. Market Analysis, Insights and Forecast – By Region
- 5.6.1. North America
- 5.6.2. Europe
- 5.6.3. Asia Pacific
- 5.6.4. Latin America, Middle East and Africa
6. North America Tennis Racquet Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Raw Material
- 6.2.1. Carbon Fiber
- 6.2.2. Aluminum
- 6.3. Market Analysis, Insights and Forecast – By Distribution Channel
- 6.3.1. Online
- 6.3.2. Specialty And Sports Shops
- 6.3.3. Wholesaler
- 6.3.4. Discount Store
- 6.3.5. Others
- 6.4. Market Analysis, Insights and Forecast – By End-User
- 6.4.1. Sports
- 6.4.2. Non-Sports
- 6.5. Market Analysis, Insights and Forecast – By Head Size
- 6.5.1. 85-98 sq. inch
- 6.5.2. 99-105 sq. inch
- 6.5.3. 106-135 sq. inch
- 6.6. Market Analysis, Insights and Forecast – By Country
- 6.6.1. U.S.
- 6.6.2. Canada
7. Europe Tennis Racquet Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Raw Material
- 7.2.1. Carbon Fiber
- 7.2.2. Aluminum
- 7.3. Market Analysis, Insights and Forecast – By Distribution Channel
- 7.3.1. Online
- 7.3.2. Specialty And Sports Shops
- 7.3.3. Wholesaler
- 7.3.4. Discount Store
- 7.3.5. Others
- 7.4. Market Analysis, Insights and Forecast – By End-User
- 7.4.1. Sports
- 7.4.2. Non-Sports
- 7.5. Market Analysis, Insights and Forecast – By Head Size
- 7.5.1. 85-98 sq. inch
- 7.5.2. 99-105 sq. inch
- 7.5.3. 106-135 sq. inch
- 7.6. Market Analysis, Insights and Forecast – By Country
- 7.6.1. UK
- 7.6.2. Germany
- 7.6.3. France
- 7.6.4. Italy
- 7.6.5. Spain
- 7.6.6. Russia
- 7.6.7. Rest of Europe
8. Asia Pacific Tennis Racquet Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Raw Material
- 8.2.1. Carbon Fiber
- 8.2.2. Aluminum
- 8.3. Market Analysis, Insights and Forecast – By Distribution Channel
- 8.3.1. Online
- 8.3.2. Specialty And Sports Shops
- 8.3.3. Wholesaler
- 8.3.4. Discount Store
- 8.3.5. Others
- 8.4. Market Analysis, Insights and Forecast – By End-User
- 8.4.1. Sports
- 8.4.2. Non-Sports
- 8.5. Market Analysis, Insights and Forecast – By Head Size
- 8.5.1. 85-98 sq. inch
- 8.5.2. 99-105 sq. inch
- 8.5.3. 106-135 sq. inch
- 8.6. Market Analysis, Insights and Forecast – By Country
- 8.6.1. China
- 8.6.2. India
- 8.6.3. Japan
- 8.6.4. Australia
- 8.6.5. South East Asia
- 8.6.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Tennis Racquet Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Raw Material
- 9.2.1. Carbon Fiber
- 9.2.2. Aluminum
- 9.3. Market Analysis, Insights and Forecast – By Distribution Channel
- 9.3.1. Online
- 9.3.2. Specialty And Sports Shops
- 9.3.3. Wholesaler
- 9.3.4. Discount Store
- 9.3.5. Others
- 9.4. Market Analysis, Insights and Forecast – By End-User
- 9.4.1. Sports
- 9.4.2. Non-Sports
- 9.5. Market Analysis, Insights and Forecast – By Head Size
- 9.5.1. 85-98 sq. inch
- 9.5.2. 99-105 sq. inch
- 9.5.3. 106-135 sq. inch
- 9.6. Market Analysis, Insights and Forecast – By Country
- 9.6.1. Brazil
- 9.6.2. Saudi Arabia
- 9.6.3. UAE
- 9.6.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. Amer Sport
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. YONEX Co., Ltd.
- 10.6. Babolat
- 10.7. ASI -CSP,llc
- 10.8. Tecnifibre
- 10.9. Dunlop Sports Group Americas
- 10.10. ABG-PRINCE OPCO, LLC
- 10.11. GAMMA Sports
- 10.12. PACIFIC Holding GmbH
- 10.13. ProKennex
- 10.14. ONE SPORTS s.r.l
- 10.15. PowerAngle
- 10.16. HEAD
- 10.17. Slazenger
- 10.18. Wilson Sporting Goods
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
