Leading Tennis Racquet Raw Material Markets Databank
The Tennis Racquet market was valued at $351.8 Million in 2020, and is projected to reach $885.9 Million by 2029 growing at a CAGR of 10.86% from 2021 to 2029. Carbon Fiber segment is expected to be the highest contributor to this market, with $253.2 Million in 2020, and is anticipated to reach $636.8 Million by 2029, registering a CAGR of 10.84%. Carbon Fiber and Aluminum segments collectively expected to account for about 87.8% share of the Tennis Racquet market in 2020, with the former constituting around 72.0% share. Carbon Fiber and Aluminum segments are expected to witness significant growth rates at a CAGR of 10.84% and 10.79% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 87.8% in the overall Tennis Racquet market in 2020, and is anticipated to reach 87.6% by 2029.
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