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Global Racket Sports Equipment Market 2017-2021

About Racket Sports Equipment

Of the three racket sports discussed in this report, tennis has the highest participation rates. The sale of tennis equipment is related to the number of tennis players and their frequency of playing. Owing to an increase in the number of participants in several small and big tournaments, and an increase in the number of frequent players, the demand for tennis equipment is expected to increase during the forecast period. Several events and tournaments are being organized nowadays, which encourages people to participate in the sport. The growing interest in the sport, frequent replacement of tennis balls and rackets, and an increase in the number of tournaments are among the factors contributing to the growth of tennis equipment market.

Technavio’s analysts forecast the global racket sports equipment market to grow at a CAGR of 2.64% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global racket sports equipment market for 2017-2021. To calculate the market size, the report considers the sales of racket sports equipment to individual consumers across the globe in 2016.

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

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Racket Sports Equipment Market 2017-2021, 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
  • Amer Sports
  • Babolat
  • HEAD
  • Tecnifibre
  • YONEX
Other prominent vendors
  • Goode Sport
  • ASICS
  • DUNLOP
  • GAMMA Sports
  • Li-Ning
  • PACIFIC
  • PowerAngle
  • Prince Global Sports
  • ProKennex
  • Slazenger
  • Solinco
Market driver
  • Increase in number of tournaments
  • For a full, detailed list, view our report
Market challenge
  • High cost of equipment
  • 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 2021 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 – Global Racket Sports Equipment Market 2017-2021

Technavio recognizes the following companies as the key players in the global racket sports equipment market: Amer Sports, Babolat, HEAD, Tecnifibre, and YONEX.

Other Prominent Vendors in the market are: Goode Sport, ASICS, DUNLOP, GAMMA Sports, Li-Ning, PACIFIC, PowerAngle, Prince Global Sports, ProKennex, Slazenger, and Solinco.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is increased use of nanomaterials. Modern lightweight sports equipment is preferred by consumers, particularly professional athletes, as they allow for better performance due to their improved stiffness and high strength. Lightweight sports equipment provides users more flexibility, as it is easier to control body movements with such products.”

According to the report, one of the major drivers for this market is increase in number of tournaments. The number of racket sports tournaments and matches played worldwide is on the rise, owing to the increased participation of frequent players in the past few years. Frequent players account for more than half of the revenue generated via the sales of tennis rackets. Associations like the United States Tennis Association (USTA) are also spending more on sponsoring basic level competitions and tournaments to encourage participation.

Further, the report states that one of the major factors hindering the growth of this market is high cost of equipment. Squash equipment like racket, strings, eyewear, and shoes are expensive, especially when compared to equipment of other sports like badminton and tennis. Due to the costs associated with the equipment, many people who play for recreational purposes do not purchase squash equipment outright and tend to switch to other racket sports like badminton.

Companies Mentioned

Amer Sports, Babolat, HEAD, Tecnifibre, YONEX, Goode Sport, ASICS, DUNLOP, GAMMA Sports, Li-Ning, PACIFIC, PowerAngle, Prince Global Sports, ProKennex, Slazenger, Solinco.

  • Executive summary
  • Scope of the report
    • Market overview
      • Table Global racket sports equipment market: Product types
      • Table Global racket sports equipment market: Retail formats
      • Table Key countries in each region
    • Top-vendor offerings
      • Table Product categories
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market landscape
    • Market overview
      • Table Market overview of global racket sports equipment market
      • Table Global racket sports equipment market 2016-2021 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by retail format
    • Market segmentation by retail format
      • Table Global racket sports equipment market by retail format 2016
      • Table Global racket sports equipment market by retail format 2021
      • Table Global racket sports equipment market by retail format 2016 and 2021 ($ millions)
      • Table Retail format analysis based on key parameters 2016
  • Market segmentation by product
    • Global racket sports equipment market by product type
      • Table Segmentation of global racket sports equipment market by product type 2016 and 2021
    • Global tennis equipment market
      • Table Global tennis equipment market by product type
      • Table Segmentation of global tennis equipment market by product type 2016 and 2021
      • Table Global tennis equipment market 2016-2021 ($ millions)
      • Table Key leading countries in global tennis equipment market 2016
    • Global badminton equipment market
      • Table Global badminton equipment market by product type
      • Table Segmentation of global badminton equipment market by product type 2016 and 2021
      • Table Global badminton equipment market 2016-2021 ($ millions)
      • Table Key leading countries in global badminton equipment market 2016
    • Global squash equipment market
      • Table Global squash equipment market by product type
      • Table Global squash equipment market by product type 2016 and 2021
      • Table Global squash equipment market 2016-2021 ($ millions)
      • Table Key leading countries in global squash equipment market 2016
  • Geographical segmentation
    • Global racket sports equipment market by geography
      • Table Global racket sports equipment market by geography 2016 and 2021
    • Racket sports equipment market in the Americas
      • Table Racket sports equipment market in the Americas 2016-2021 ($ millions)
    • Racket sports equipment market in APAC
      • Table Racket sports equipment market in APAC 2016-2021 ($ millions)
    • Racket sports equipment market in Europe
      • Table Racket sports equipment market in Europe 2016-2021 ($ millions)
    • Racket sports equipment market in MEA
      • Table Racket sports equipment market in MEA 2016-2021 ($ millions)
  • Market drivers
    • Increase in number of tournaments
    • Celebrity endorsements and consumer engagement
    • Increase in number of racket sports courts worldwide
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • High cost of equipment
    • Increase in popularity of e-sports
    • Disparity in global popularity and appeal of various racket sports
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Increased use of nanomaterials
    • Anticipated inclusion of squash in 2020 and 2024 Olympics
    • Introduction of improved quality products with additional features
    • Advent of eco-friendly raw materials
  • Vendor landscape
    • Competitive scenario
      • Table Key competitors
      • Table Competitor analysis based on key parameters
      • Table Key players by sport
  • Key vendor analysis
    • Amer Sports
      • Table Amer Sports: Business segmentation by revenue 2015
      • Table Amer Sports: Geographical segmentation by revenue 2015
      • Table Amer Sports: Product overview
    • Babolat
    • HEAD
      • Table HEAD: Business segmentation by revenue 2015
      • Table HEAD: Geographical segmentation by revenue 2015
      • Table HEAD: Product overview
    • Tecnifibre
      • Table Tecnifibre: Product overview
    • YONEX
      • Table YONEX: Business segmentation by revenue 2015
      • Table YONEX: Geographical segmentation by revenue 2015
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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