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Badminton Equipment Market in APAC 2016-2020

About the Badminton Equipment Market

The global badminton equipment market is driven by a number of growth factors, one of the most important being the increase in the number of badminton tournaments being organized across the globe. The prevailing popularity of badminton tournaments like the Super Series Badminton League and the Premier Badminton League is also indicative of the fact that the market has a high growth potential for the forecast period.Badminton is the second-most popular racquet sport, preceded only by tennis. The sport is widely played across the globe and is very popular in APAC and Europe, which is the primary reason for these regions to account for the majority of the global badminton equipment market's share. Badminton also has the second-highest participation rates after football, and more than 1.1 billion viewers watched the sport when it first debuted in the 1996 Olympics.

Technavio’s analysts forecast the global badminton equipment market to grow at a CAGR of 2.32% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global badminton equipment market for 2016-2020. To calculate the market size, the report has taken into consideration the sales revenue generated by different types of badminton equipment.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • Europe
  • MEA
Technavio's report, Global Badminton Equipment Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Ashaway
  • Babolat
  • Li-Ning
  • Sports Direct
  • YONEX
Other prominent vendors
  • Amer Sports
  • ASICS
  • Bedini
  • Dunlop Sports Group Americas
  • PACIFIC
  • Pointfore
  • ProKennex
  • RUBY GLAMOUR
  • Tatt Seng Sporting Goods
  • Tecnifibre
  • Trump Sports
Market driver
  • Rising interest in badminton among children
  • For a full, detailed list, view our report
Market challenge
  • Inadequate infrastructure
  • For a full, detailed list, view our report
Market trend
  • Increased use of nanomaterials
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Badminton Equipment Market in APAC 2016-2020

Technavio recognizes the following companies as the key players in the badminton equipment market in APAC: Ashaway, Babolat, Li-Ning, Sports Direct, YONEX.

Other Prominent Vendors in the market are: Amer Sports, ASICS, Bedini, Dunlop Sports Group Americas, PACIFIC, Pointfore, ProKennex, RUBY GLAMOUR, Tatt Seng Sporting Goods, Tecnifibre, Trump Sports

Commenting on the report, an analyst from Technavio’s team said: “A trend propelling market growth is the increased use of nanomaterials. The growing demand for lightweight materials is therefore leading to an increase in the use of carbon fiber in the manufacture of sports equipment in recent times. Carbon fiber is replacing the traditional metal, wood, and steel in modern sports equipment, thereby reducing the equipment's weight and providing it with greater flexibility and strength. Furthermore, even the carbon fiber-reinforced plastic moldings in this type of equipment are replacing the traditional glass-reinforced plastic moldings for more stiffness and flexibility.”

According to the report, a key growth driver is the rising number of tournaments. The number of badminton tournaments being organized and played across APAC is on the rise, which is directly leading to an increase in the participation rates as well as the number of frequent players. Associations like the BWF are actively spending more on sponsoring elite international level competitions and tournaments to encourage more participation. The increase in the number of tournaments has a direct impact on the demand for badminton equipment, which, along with frequent replacement of old equipment like rackets, will propel the growth of the market over the next five years.

Further, the report states that one challenge that could restrict market growth is the inadequate infrastructure.



Companies Mentioned

Ashaway, Babolat, Li-Ning, Sports Direct, YONEX, Amer Sports, ASICS, Bedini, Dunlop Sports Group Americas, PACIFIC, Pointfore, ProKennex, RUBY GLAMOUR, Tatt Seng Sporting Goods, Tecnifibre, Trump Sports

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Global badminton equipment market
    • Global badminton equipment market: Overview
      • Table Global badminton equipment market: Overview
      • Table Badminton equipment market in APAC compared to ROW badminton equipment market 2015
      • Table Badminton equipment market as a percentage of global badminton equipment market 2020
      • Table Global badminton equipment market compared to badminton equipment market in APAC 2015-2020: An overview
  • Market landscape
    • Market overview
      • Table Badminton equipment market in APAC: Overview
    • Market size and forecast
      • Table Badminton equipment market in APAC 2015-2020 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product
    • Table Badminton equipment market in APAC by product type
    • Table Badminton equipment market in APAC by product type 2015-2020 (%)
    • Badminton rackets market in APAC
      • Table Badminton rackets market in APAC 2015-2020 ($ millions)
    • Shuttlecocks market in APAC
      • Table Shuttlecocks market in APAC 2015-2020 ($ millions)
    • Badminton shoe market in APAC
      • Table Badminton shoe market in APAC 2015-2020 ($ millions)
    • Other badminton equipment market in APAC
      • Table Other badminton equipment market in APAC 2015-2020 ($ millions)
  • Market segmentation by retail format
    • Table Badminton equipment market in APAC by retail formats
    • Table Badminton equipment market in APAC by retail formats 2015
    • Table Badminton equipment market in APAC by retail formats 2020
  • Key leading countries
    • China
    • South Korea
    • Indonesia
    • India
  • Market drivers
    • Impact of increasing number of tournaments
    • Rising interest in badminton among children
    • Celebrity endorsements and consumer engagement activities
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Availability of counterfeit products
    • Inadequate infrastructure
    • Increasing popularity of e-gaming
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Increased use of nanomaterials
    • Introduction of improved quality products with additional features
    • Growth of online retail
  • Vendor landscape
    • Competitive scenario
    • Major vendors
      • Table Major vendors of the badminton equipment market in APAC 2015
    • Ashaway
    • Babolat
      • Table Babolat: Business/Product segmentation
    • Li-Ning
      • Table Li-Ning: Business segmentation by revenue 2015
      • Table Li-Ning: Business segmentation by revenue 2014 and 2015 ($ millions)
      • Table Li-Ning: Geographical segmentation by revenue 2015
    • Sports Direct
      • Table Sports Direct: Business segmentation by revenue 2015
      • Table Sports Direct: Business segmentation by revenue 2014 and 2015 ($ millions)
      • Table Sports Direct: Geographical segmentation by revenue 2015
    • YONEX
      • Table YONEX: Product segmentation
      • Table YONEX: Business segmentation by revenue 2015
      • Table YONEX: Business segmentation by revenue 2014 and 2015 ($ millions)
      • Table YONEX: Geographical segmentation by revenue 2015
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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