Product Code: IRTNTR43732
The racket sports equipment market is forecasted to grow by USD 733.2 mn during 2023-2028, accelerating at a CAGR of 3.62% during the forecast period. The report on the racket sports equipment market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in number of racket sports courts worldwide, celebrity endorsements and consumer engagement, and increase in number of tournaments.
Technavio's racket sports equipment market is segmented as below:
Market Scope |
Base Year | 2022 |
End Year | 2027 |
Series Year | 2023-2027 |
Growth Momentum | Accelerate |
YOY 2023 | 2.6% |
CAGR | 3.62% |
Incremental Value | $733.2mn |
By Distribution Channel
By Product
- Tennis equipment
- Badminton equipment
- Squash equipment
By Geographical Landscape
- North America
- APAC
- Europe
- South America
- Middle East and Africa
This study identifies the increased use of nanomaterials in racket sports equipment as one of the prime reasons driving the racket sports equipment market growth during the next few years. Also, introduction of improved quality products with additional features and advent of eco-friendly raw materials will lead to sizable demand in the market.
The report on the racket sports equipment market covers the following areas:
- Racket sports equipment market sizing
- Racket sports equipment market forecast
- Racket sports equipment market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading racket sports equipment market vendors that include ANTA Sports Products Ltd., Ashaway Line and Twine Mfg Co, ASICS Corp., Babolat, Dunlop International Europe Ltd., Gamma Sports, Gearbox Inc, Harrow Sports, Head, Karakal Worldwide Ltd., KC Kinetic Solutions LLC, Klipper USA, Li Ning Co. Ltd., Pacific Holding GmbH, PowerAngle LLC, Solinco Sports, Tecnifibre, Victor Rackets Ind. Corp., Volkl Tennis, and Yonex Co. Ltd.. Also, the racket sports equipment market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary - Chart on Market Overview
- Exhibit 02: Executive Summary - Data Table on Market Overview
- Exhibit 03: Executive Summary - Chart on Global Market Characteristics
- Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
- Exhibit 05: Executive Summary - Chart on Market Segmentation by Distribution Channel
- Exhibit 06: Executive Summary - Chart on Market Segmentation by Product
- Exhibit 07: Executive Summary - Chart on Incremental Growth
- Exhibit 08: Executive Summary - Data Table on Incremental Growth
- Exhibit 09: Executive Summary - Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2023
- 3.4 Market outlook: Forecast for 2023-2028
- Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
- 4.1 Global racket sports equipment market 2018 - 2022
- Exhibit 18: Historic Market Size - Data Table on global racket sports equipment market market 2018 - 2022 ($ million)
- 4.2 Distribution Channel Segment Analysis 2018 - 2022
- Exhibit 19: Historic Market Size - Distribution Channel Segment 2018 - 2022 ($ million)
- 4.3 Product Segment Analysis 2018 - 2022
- Exhibit 20: Historic Market Size - Product Segment 2018 - 2022 ($ million)
- 4.4 Geography Segment Analysis 2018 - 2022
- Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
- 4.5 Country Segment Analysis 2018 - 2022
- Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
- 5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
- 5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
- 5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
- 5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
- 5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
- 5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Distribution Channel
- 6.1 Market segments
- Exhibit 30: Chart on Distribution Channel - Market share 2023-2028 (%)
- Exhibit 31: Data Table on Distribution Channel - Market share 2023-2028 (%)
- 6.2 Comparison by Distribution Channel
- Exhibit 32: Chart on Comparison by Distribution Channel
- Exhibit 33: Data Table on Comparison by Distribution Channel
- 6.3 Offline - Market size and forecast 2023-2028
- Exhibit 34: Chart on Offline - Market size and forecast 2023-2028 ($ million)
- Exhibit 35: Data Table on Offline - Market size and forecast 2023-2028 ($ million)
- Exhibit 36: Chart on Offline - Year-over-year growth 2023-2028 (%)
- Exhibit 37: Data Table on Offline - Year-over-year growth 2023-2028 (%)
- 6.4 Online - Market size and forecast 2023-2028
- Exhibit 38: Chart on Online - Market size and forecast 2023-2028 ($ million)
- Exhibit 39: Data Table on Online - Market size and forecast 2023-2028 ($ million)
- Exhibit 40: Chart on Online - Year-over-year growth 2023-2028 (%)
- Exhibit 41: Data Table on Online - Year-over-year growth 2023-2028 (%)
- 6.5 Market opportunity by Distribution Channel
- Exhibit 42: Market opportunity by Distribution Channel ($ million)
- Exhibit 43: Data Table on Market opportunity by Distribution Channel ($ million)
7 Market Segmentation by Product
- 7.1 Market segments
- Exhibit 44: Chart on Product - Market share 2023-2028 (%)
- Exhibit 45: Data Table on Product - Market share 2023-2028 (%)
- 7.2 Comparison by Product
- Exhibit 46: Chart on Comparison by Product
- Exhibit 47: Data Table on Comparison by Product
- 7.3 Tennis equipment - Market size and forecast 2023-2028
- Exhibit 48: Chart on Tennis equipment - Market size and forecast 2023-2028 ($ million)
- Exhibit 49: Data Table on Tennis equipment - Market size and forecast 2023-2028 ($ million)
- Exhibit 50: Chart on Tennis equipment - Year-over-year growth 2023-2028 (%)
- Exhibit 51: Data Table on Tennis equipment - Year-over-year growth 2023-2028 (%)
- 7.4 Badminton equipment - Market size and forecast 2023-2028
- Exhibit 52: Chart on Badminton equipment - Market size and forecast 2023-2028 ($ million)
- Exhibit 53: Data Table on Badminton equipment - Market size and forecast 2023-2028 ($ million)
- Exhibit 54: Chart on Badminton equipment - Year-over-year growth 2023-2028 (%)
- Exhibit 55: Data Table on Badminton equipment - Year-over-year growth 2023-2028 (%)
- 7.5 Squash equipment - Market size and forecast 2023-2028
- Exhibit 56: Chart on Squash equipment - Market size and forecast 2023-2028 ($ million)
- Exhibit 57: Data Table on Squash equipment - Market size and forecast 2023-2028 ($ million)
- Exhibit 58: Chart on Squash equipment - Year-over-year growth 2023-2028 (%)
- Exhibit 59: Data Table on Squash equipment - Year-over-year growth 2023-2028 (%)
- 7.6 Market opportunity by Product
- Exhibit 60: Market opportunity by Product ($ million)
- Exhibit 61: Data Table on Market opportunity by Product ($ million)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 63: Chart on Market share By Geographical Landscape 2023-2028 (%)
- Exhibit 64: Data Table on Market share By Geographical Landscape 2023-2028 (%)
- 9.2 Geographic comparison
- Exhibit 65: Chart on Geographic comparison
- Exhibit 66: Data Table on Geographic comparison
- 9.3 North America - Market size and forecast 2023-2028
- Exhibit 67: Chart on North America - Market size and forecast 2023-2028 ($ million)
- Exhibit 68: Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Exhibit 69: Chart on North America - Year-over-year growth 2023-2028 (%)
- Exhibit 70: Data Table on North America - Year-over-year growth 2023-2028 (%)
- 9.4 APAC - Market size and forecast 2023-2028
- Exhibit 71: Chart on APAC - Market size and forecast 2023-2028 ($ million)
- Exhibit 72: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
- Exhibit 73: Chart on APAC - Year-over-year growth 2023-2028 (%)
- Exhibit 74: Data Table on APAC - Year-over-year growth 2023-2028 (%)
- 9.5 Europe - Market size and forecast 2023-2028
- Exhibit 75: Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Exhibit 76: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Exhibit 77: Chart on Europe - Year-over-year growth 2023-2028 (%)
- Exhibit 78: Data Table on Europe - Year-over-year growth 2023-2028 (%)
- 9.6 South America - Market size and forecast 2023-2028
- Exhibit 79: Chart on South America - Market size and forecast 2023-2028 ($ million)
- Exhibit 80: Data Table on South America - Market size and forecast 2023-2028 ($ million)
- Exhibit 81: Chart on South America - Year-over-year growth 2023-2028 (%)
- Exhibit 82: Data Table on South America - Year-over-year growth 2023-2028 (%)
- 9.7 Middle East and Africa - Market size and forecast 2023-2028
- Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- 9.8 US - Market size and forecast 2023-2028
- Exhibit 87: Chart on US - Market size and forecast 2023-2028 ($ million)
- Exhibit 88: Data Table on US - Market size and forecast 2023-2028 ($ million)
- Exhibit 89: Chart on US - Year-over-year growth 2023-2028 (%)
- Exhibit 90: Data Table on US - Year-over-year growth 2023-2028 (%)
- 9.9 China - Market size and forecast 2023-2028
- Exhibit 91: Chart on China - Market size and forecast 2023-2028 ($ million)
- Exhibit 92: Data Table on China - Market size and forecast 2023-2028 ($ million)
- Exhibit 93: Chart on China - Year-over-year growth 2023-2028 (%)
- Exhibit 94: Data Table on China - Year-over-year growth 2023-2028 (%)
- 9.10 UK - Market size and forecast 2023-2028
- Exhibit 95: Chart on UK - Market size and forecast 2023-2028 ($ million)
- Exhibit 96: Data Table on UK - Market size and forecast 2023-2028 ($ million)
- Exhibit 97: Chart on UK - Year-over-year growth 2023-2028 (%)
- Exhibit 98: Data Table on UK - Year-over-year growth 2023-2028 (%)
- 9.11 Japan - Market size and forecast 2023-2028
- Exhibit 99: Chart on Japan - Market size and forecast 2023-2028 ($ million)
- Exhibit 100: Data Table on Japan - Market size and forecast 2023-2028 ($ million)
- Exhibit 101: Chart on Japan - Year-over-year growth 2023-2028 (%)
- Exhibit 102: Data Table on Japan - Year-over-year growth 2023-2028 (%)
- 9.12 India - Market size and forecast 2023-2028
- Exhibit 103: Chart on India - Market size and forecast 2023-2028 ($ million)
- Exhibit 104: Data Table on India - Market size and forecast 2023-2028 ($ million)
- Exhibit 105: Chart on India - Year-over-year growth 2023-2028 (%)
- Exhibit 106: Data Table on India - Year-over-year growth 2023-2028 (%)
- 9.13 Market opportunity By Geographical Landscape
- Exhibit 107: Market opportunity By Geographical Landscape ($ million)
- Exhibit 108: Data Tables on Market opportunity By Geographical Landscape ($ million)
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Exhibit 109: Impact of drivers and challenges in 2023 and 2028
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 111: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 112: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 113: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 114: Matrix on vendor position and classification
- 12.3 ANTA Sports Products Ltd.
- Exhibit 115: ANTA Sports Products Ltd. - Overview
- Exhibit 116: ANTA Sports Products Ltd. - Business segments
- Exhibit 117: ANTA Sports Products Ltd. - Key offerings
- Exhibit 118: ANTA Sports Products Ltd. - Segment focus
- 12.4 ASICS Corp.
- Exhibit 119: ASICS Corp. - Overview
- Exhibit 120: ASICS Corp. - Product / Service
- Exhibit 121: ASICS Corp. - Key news
- Exhibit 122: ASICS Corp. - Key offerings
- 12.5 Babolat
- Exhibit 123: Babolat - Overview
- Exhibit 124: Babolat - Product / Service
- Exhibit 125: Babolat - Key offerings
- 12.6 Dunlop International Europe Ltd.
- Exhibit 126: Dunlop International Europe Ltd. - Overview
- Exhibit 127: Dunlop International Europe Ltd. - Product / Service
- Exhibit 128: Dunlop International Europe Ltd. - Key offerings
- 12.7 Gamma Sports
- Exhibit 129: Gamma Sports - Overview
- Exhibit 130: Gamma Sports - Product / Service
- Exhibit 131: Gamma Sports - Key offerings
- 12.8 Gearbox Inc
- Exhibit 132: Gearbox Inc - Overview
- Exhibit 133: Gearbox Inc - Product / Service
- Exhibit 134: Gearbox Inc - Key offerings
- 12.9 Harrow Sports
- Exhibit 135: Harrow Sports - Overview
- Exhibit 136: Harrow Sports - Product / Service
- Exhibit 137: Harrow Sports - Key offerings
- 12.10 Head
- Exhibit 138: Head - Overview
- Exhibit 139: Head - Product / Service
- Exhibit 140: Head - Key offerings
- 12.11 Karakal Worldwide Ltd.
- Exhibit 141: Karakal Worldwide Ltd. - Overview
- Exhibit 142: Karakal Worldwide Ltd. - Product / Service
- Exhibit 143: Karakal Worldwide Ltd. - Key offerings
- 12.12 Klipper USA
- Exhibit 144: Klipper USA - Overview
- Exhibit 145: Klipper USA - Product / Service
- Exhibit 146: Klipper USA - Key offerings
- 12.13 Li Ning Co. Ltd.
- Exhibit 147: Li Ning Co. Ltd. - Overview
- Exhibit 148: Li Ning Co. Ltd. - Product / Service
- Exhibit 149: Li Ning Co. Ltd. - Key offerings
- 12.14 Tecnifibre
- Exhibit 150: Tecnifibre - Overview
- Exhibit 151: Tecnifibre - Product / Service
- Exhibit 152: Tecnifibre - Key offerings
- 12.15 Victor Rackets Ind. Corp.
- Exhibit 153: Victor Rackets Ind. Corp. - Overview
- Exhibit 154: Victor Rackets Ind. Corp. - Product / Service
- Exhibit 155: Victor Rackets Ind. Corp. - Key offerings
- 12.16 Volkl Tennis
- Exhibit 156: Volkl Tennis - Overview
- Exhibit 157: Volkl Tennis - Key offerings
- 12.17 Yonex Co. Ltd.
- Exhibit 158: Yonex Co. Ltd. - Overview
- Exhibit 159: Yonex Co. Ltd. - Business segments
- Exhibit 160: Yonex Co. Ltd. - Key offerings
- Exhibit 161: Yonex Co. Ltd. - Segment focus
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 162: Inclusions checklist
- Exhibit 163: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 164: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 165: Research methodology
- Exhibit 166: Validation techniques employed for market sizing
- Exhibit 167: Information sources
- 13.5 List of abbreviations
- Exhibit 168: List of abbreviations