Racket Sports Equipment Market Size to Grow by USD 469.78 million, Increase in Number of Racket Sports Courts Worldwide to Boost Growth – Technavio

NEW YORK, Sept. 26, 2022 /PRNewswire/ — The racket sports equipment market size is expected to grow by USD 469.78 million from 2021 to 2026. In addition, the growth momentum of the market will accelerate at a CAGR of 2.78% during the forecast period, according to Technavio. The increase in the number of racket sports courts worldwide is driving the racket sports equipment market growth. However, factors such as the increase in the number of tournaments may challenge the market growth.

Technavio provides a comprehensive report summary describing the market size and forecast along with research methodology. The FREE sample report is available in PDF format

Racket Sports Equipment Market 2022-2026: Scope

The racket sports equipment market report covers the following areas:

Racket Sports Equipment Market 2022-2026: Drivers and Challenges

The increase in the number of racket sports courts worldwide is driving the growth of the market. With the support of WSF to enhance the reach and popularity of the sport, the number of squash courts has increased. For example, CourtTech builds squash courts that are tested and certified by WSF.

The increase in the number of tournaments is challenging the market growth. Revenue can be generated by putting a price premium on games through Android App store or Apple Store or by providing these games for free. These factors can negatively affect the participation rates of individuals in outdoor sports such as racket sports.

Racket Sports Equipment Market 2022-2026: Segmentation

  • Distribution Channel
    • Offline
    • Online
  • Product 
    • Tennis Equipment
    • Badminton Equipment
    • Squash Equipment
  • Geography 
    • APAC
    • Europe
    • North America
    • South America
    • Middle East And Africa

This report provides a full list of key vendors, their strategies, and latest developments. Request a FREE PDF Sample Now

Racket Sports Equipment Market 2022-2026: Revenue-generating Distribution Channel Segment

The offline segment will be the biggest contributor to market growth during the forecast period. The segment includes department stores, mono-brand stores, supermarkets, hypermarkets, and specialty stores. The distribution of racket sports equipment through mono-brand stores is rising, as they attract a large number of customers.

Racket Sports Equipment Market 2022-2026: Regional Analysis

APAC will account for 53% of the market’s growth during the forecast period. This growth is attributed to factors such as the rising interest in racket sports among consumers, along with an increase in the number of facilities in schools and colleges. Moreover, the market in the region is expected to grow at a faster rate than in other regions. China, Japan, and India are the key countries for the racket sports equipment market in APAC.

Racket Sports Equipment Market 2022-2026: Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the racket sports equipment market, including ANTA Sports Products Ltd., ASICS Corp., Authentic Brands Group LLC, Babolat VS SAS, Embracer Group AB, Dunlop International Europe Ltd, Felet International Holdings Sdn. Goode Sport, Bhd., GAMMA Sports, Harrow Sports, HEAD Sport GmbH, Karakal Worldwide Ltd, Maus Freres SA, Li Ning Co. Ltd., Pacific Entermark GmbH, PowerAngle LLC, Solinco Sports, Prokennex, Volkl Tennis, VICTOR RACKETS Ind. Corp., and Yonex Co. Ltd. are some of the major market participants.

Racket Sports Equipment Market 2022-2026: Key Highlights

  • CAGR of the market during 2022-2026
  • Detailed information on factors that will help the racket sports equipment market growth during the next five years
  • Approximation of the racket sports equipment market size and its contribution to the parent market
  • Forecasts on upcoming trends and changes in consumer behavior
  • The growth of the racket sports equipment market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of racket sports equipment market vendors

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Racket Sports Equipment Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 2.78%

Market growth 2022-2026

USD 469.78 million

Market structure

Fragmented

YoY growth (%)

2.3

Regional analysis

APAC, Europe, North America, South America, and Middle East and Africa

Performing market contribution

APAC at 53%

Key consumer countries

US, China, Japan, India, Germany, and Italy

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

ANTA Sports Products Ltd., ASICS Corp., Authentic Brands Group LLC, Babolat VS SAS, Dunlop International Europe Ltd, Embracer Group AB, Felet International Holdings Sdn. Bhd., GAMMA Sports, Goode Sport, Harrow Sports, HEAD Sport GmbH, Karakal Worldwide Ltd, Li Ning Co. Ltd., Maus Freres SA, Pacific Entermark GmbH, PowerAngle LLC, Prokennex, Solinco Sports, Volkl Tennis, VICTOR RACKETS Ind. Corp., and Yonex Co. Ltd.

Market Dynamics

Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Browse Consumer Discretionary Market Reports

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 Geography
    • 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 2021
  • 3.4 Market outlook: Forecast for 2021-2026
    • Exhibit 14: Chart on Global – Market size and forecast 2021-2026 ($ million)
    • Exhibit 15: Data Table on Global – Market size and forecast 2021-2026 ($ million)
    • Exhibit 16: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 17: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary
    • Exhibit 18: Five forces analysis – Comparison between 2021 and 2026
  • 4.2 Bargaining power of buyers
    • Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
  • 4.3 Bargaining power of suppliers
    • Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants
    • Exhibit 21: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes
    • Exhibit 22: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry
    • Exhibit 23: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition
    • Exhibit 24: Chart on Market condition – Five forces 2021 and 2026

5 Market Segmentation by Distribution Channel

  • 5.1 Market segments
    • Exhibit 25: Chart on Distribution Channel – Market share 2021-2026 (%)
    • Exhibit 26: Data Table on Distribution Channel – Market share 2021-2026 (%)
  • 5.2 Comparison by Distribution Channel
    • Exhibit 27: Chart on Comparison by Distribution Channel
    • Exhibit 28: Data Table on Comparison by Distribution Channel
  • 5.3 Offline – Market size and forecast 2021-2026
    • Exhibit 29: Chart on Offline – Market size and forecast 2021-2026 ($ million)
    • Exhibit 30: Data Table on Offline – Market size and forecast 2021-2026 ($ million)
    • Exhibit 31: Chart on Offline – Year-over-year growth 2021-2026 (%)
    • Exhibit 32: Data Table on Offline – Year-over-year growth 2021-2026 (%)
  • 5.4 Online – Market size and forecast 2021-2026
    • Exhibit 33: Chart on Online – Market size and forecast 2021-2026 ($ million)
    • Exhibit 34: Data Table on Online – Market size and forecast 2021-2026 ($ million)
    • Exhibit 35: Chart on Online – Year-over-year growth 2021-2026 (%)
    • Exhibit 36: Data Table on Online – Year-over-year growth 2021-2026 (%)
  • 5.5 Market opportunity by Distribution Channel
    • Exhibit 37: Market opportunity by Distribution Channel ($ million)

6 Market Segmentation by Product

  • 6.1 Market segments
    • Exhibit 38: Chart on Product – Market share 2021-2026 (%)
    • Exhibit 39: Data Table on Product – Market share 2021-2026 (%)
  • 6.2 Comparison by Product
    • Exhibit 40: Chart on Comparison by Product
    • Exhibit 41: Data Table on Comparison by Product
  • 6.3 Tennis equipment – Market size and forecast 2021-2026
    • Exhibit 42: Chart on Tennis equipment – Market size and forecast 2021-2026 ($ million)
    • Exhibit 43: Data Table on Tennis equipment – Market size and forecast 2021-2026 ($ million)
    • Exhibit 44: Chart on Tennis equipment – Year-over-year growth 2021-2026 (%)
    • Exhibit 45: Data Table on Tennis equipment – Year-over-year growth 2021-2026 (%)
  • 6.4 Badminton equipment – Market size and forecast 2021-2026
    • Exhibit 46: Chart on Badminton equipment – Market size and forecast 2021-2026 ($ million)
    • Exhibit 47: Data Table on Badminton equipment – Market size and forecast 2021-2026 ($ million)
    • Exhibit 48: Chart on Badminton equipment – Year-over-year growth 2021-2026 (%)
    • Exhibit 49: Data Table on Badminton equipment – Year-over-year growth 2021-2026 (%)
  • 6.5 Squash equipment – Market size and forecast 2021-2026
    • Exhibit 50: Chart on Squash equipment – Market size and forecast 2021-2026 ($ million)
    • Exhibit 51: Data Table on Squash equipment – Market size and forecast 2021-2026 ($ million)
    • Exhibit 52: Chart on Squash equipment – Year-over-year growth 2021-2026 (%)
    • Exhibit 53: Data Table on Squash equipment – Year-over-year growth 2021-2026 (%)
  • 6.6 Market opportunity by Product
    • Exhibit 54: Market opportunity by Product ($ million)

7 Customer Landscape

  • 7.1 Customer landscape overview
    • Exhibit 55: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

8 Geographic Landscape

  • 8.1 Geographic segmentation
    • Exhibit 56: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 57: Data Table on Market share by geography 2021-2026 (%)
  • 8.2 Geographic comparison
    • Exhibit 58: Chart on Geographic comparison
    • Exhibit 59: Data Table on Geographic comparison
  • 8.3 APAC – Market size and forecast 2021-2026
    • Exhibit 60: Chart on APAC – Market size and forecast 2021-2026 ($ million)
    • Exhibit 61: Data Table on APAC – Market size and forecast 2021-2026 ($ million)
    • Exhibit 62: Chart on APAC – Year-over-year growth 2021-2026 (%)
    • Exhibit 63: Data Table on APAC – Year-over-year growth 2021-2026 (%)
  • 8.4 Europe – Market size and forecast 2021-2026
    • Exhibit 64: Chart on Europe – Market size and forecast 2021-2026 ($ million)
    • Exhibit 65: Data Table on Europe – Market size and forecast 2021-2026 ($ million)
    • Exhibit 66: Chart on Europe – Year-over-year growth 2021-2026 (%)
    • Exhibit 67: Data Table on Europe – Year-over-year growth 2021-2026 (%)
  • 8.5 North America – Market size and forecast 2021-2026
    • Exhibit 68: Chart on North America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 69: Data Table on North America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 70: Chart on North America – Year-over-year growth 2021-2026 (%)
    • Exhibit 71: Data Table on North America – Year-over-year growth 2021-2026 (%)
  • 8.6 South America – Market size and forecast 2021-2026
    • Exhibit 72: Chart on South America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 73: Data Table on South America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 74: Chart on South America – Year-over-year growth 2021-2026 (%)
    • Exhibit 75: Data Table on South America – Year-over-year growth 2021-2026 (%)
  • 8.7 Middle East and Africa – Market size and forecast 2021-2026
    • Exhibit 76: Chart on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
    • Exhibit 77: Data Table on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
    • Exhibit 78: Chart on Middle East and Africa – Year-over-year growth 2021-2026 (%)
    • Exhibit 79: Data Table on Middle East and Africa – Year-over-year growth 2021-2026 (%)
  • 8.8 US – Market size and forecast 2021-2026
    • Exhibit 80: Chart on US – Market size and forecast 2021-2026 ($ million)
    • Exhibit 81: Data Table on US – Market size and forecast 2021-2026 ($ million)
    • Exhibit 82: Chart on US – Year-over-year growth 2021-2026 (%)
    • Exhibit 83: Data Table on US – Year-over-year growth 2021-2026 (%)
  • 8.9 China – Market size and forecast 2021-2026
    • Exhibit 84: Chart on China – Market size and forecast 2021-2026 ($ million)
    • Exhibit 85: Data Table on China – Market size and forecast 2021-2026 ($ million)
    • Exhibit 86: Chart on China – Year-over-year growth 2021-2026 (%)
    • Exhibit 87: Data Table on China – Year-over-year growth 2021-2026 (%)
  • 8.10 Japan – Market size and forecast 2021-2026
    • Exhibit 88: Chart on Japan – Market size and forecast 2021-2026 ($ million)
    • Exhibit 89: Data Table on Japan – Market size and forecast 2021-2026 ($ million)
    • Exhibit 90: Chart on Japan – Year-over-year growth 2021-2026 (%)
    • Exhibit 91: Data Table on Japan – Year-over-year growth 2021-2026 (%)
  • 8.11 Germany – Market size and forecast 2021-2026
    • Exhibit 92: Chart on Germany – Market size and forecast 2021-2026 ($ million)
    • Exhibit 93: Data Table on Germany – Market size and forecast 2021-2026 ($ million)
    • Exhibit 94: Chart on Germany – Year-over-year growth 2021-2026 (%)
    • Exhibit 95: Data Table on Germany – Year-over-year growth 2021-2026 (%)
  • 8.12 Italy – Market size and forecast 2021-2026
    • Exhibit 96: Chart on Italy – Market size and forecast 2021-2026 ($ million)
    • Exhibit 97: Data Table on Italy – Market size and forecast 2021-2026 ($ million)
    • Exhibit 98: Chart on Italy – Year-over-year growth 2021-2026 (%)
    • Exhibit 99: Data Table on Italy – Year-over-year growth 2021-2026 (%)
  • 8.13 India – Market size and forecast 2021-2026
    • Exhibit 100: Chart on India – Market size and forecast 2021-2026 ($ million)
    • Exhibit 101: Data Table on India – Market size and forecast 2021-2026 ($ million)
    • Exhibit 102: Chart on India – Year-over-year growth 2021-2026 (%)
    • Exhibit 103: Data Table on India – Year-over-year growth 2021-2026 (%)
  • 8.14 Market opportunity by geography
    • Exhibit 104: Market opportunity by geography ($ million)

9 Drivers, Challenges, and Trends

  • 9.1 Market drivers
  • 9.2 Market challenges
  • 9.3 Impact of drivers and challenges
    • Exhibit 105: Impact of drivers and challenges in 2021 and 2026
  • 9.4 Market trends

10 Vendor Landscape

  • 10.1 Overview
  • 10.2 Vendor landscape
    • Exhibit 106: Overview on Criticality of inputs and Factors of differentiation
  • 10.3 Landscape disruption
    • Exhibit 107: Overview on factors of disruption
  • 10.4 Industry risks
    • Exhibit 108: Impact of key risks on business

11 Vendor Analysis

  • 11.1 Vendors covered
    • Exhibit 109: Vendors covered
  • 11.2 Market positioning of vendors
    • Exhibit 110: Matrix on vendor position and classification
  • 11.3 ANTA Sports Products Ltd.
    • Exhibit 111: ANTA Sports Products Ltd. – Overview
    • Exhibit 112: ANTA Sports Products Ltd. – Business segments
    • Exhibit 113: ANTA Sports Products Ltd. – Key news
    • Exhibit 114: ANTA Sports Products Ltd. – Key offerings
    • Exhibit 115: ANTA Sports Products Ltd. – Segment focus
  • 11.4 ASICS Corp.
    • Exhibit 116: ASICS Corp. – Overview
    • Exhibit 117: ASICS Corp. – Business segments
    • Exhibit 118: ASICS Corp. – Key offerings
    • Exhibit 119: ASICS Corp. – Segment focus
  • 11.5 Authentic Brands Group LLC
    • Exhibit 120: Authentic Brands Group LLC – Overview
    • Exhibit 121: Authentic Brands Group LLC – Product / Service
    • Exhibit 122: Authentic Brands Group LLC – Key offerings
  • 11.6 Babolat VS SAS
    • Exhibit 123: Babolat VS SAS – Overview
    • Exhibit 124: Babolat VS SAS – Product / Service
    • Exhibit 125: Babolat VS SAS – Key offerings
  • 11.7 Embracer Group AB
    • Exhibit 126: Embracer Group AB – Overview
    • Exhibit 127: Embracer Group AB – Business segments
    • Exhibit 128: Embracer Group AB – Key offerings
    • Exhibit 129: Embracer Group AB – Segment focus
  • 11.8 HEAD Sport GmbH
    • Exhibit 130: HEAD Sport GmbH – Overview
    • Exhibit 131: HEAD Sport GmbH – Product / Service
    • Exhibit 132: HEAD Sport GmbH – Key offerings
  • 11.9 Li Ning Co. Ltd.
    • Exhibit 133: Li Ning Co. Ltd. – Overview
    • Exhibit 134: Li Ning Co. Ltd. – Key offerings
  • 11.10 Maus Freres SA
    • Exhibit 135: Maus Freres SA – Overview
    • Exhibit 136: Maus Freres SA – Product / Service
    • Exhibit 137: Maus Freres SA – Key offerings
  • 11.11 VICTOR RACKETS Ind. Corp.
    • Exhibit 138: VICTOR RACKETS Ind. Corp. – Overview
    • Exhibit 139: VICTOR RACKETS Ind. Corp. – Product / Service
    • Exhibit 140: VICTOR RACKETS Ind. Corp. – Key offerings
  • 11.12 Yonex Co. Ltd.
    • Exhibit 141: Yonex Co. Ltd. – Overview
    • Exhibit 142: Yonex Co. Ltd. – Business segments
    • Exhibit 143: Yonex Co. Ltd. – Key offerings
    • Exhibit 144: Yonex Co. Ltd. – Segment focus

12 Appendix

  • 12.1 Scope of the report
  • 12.2 Inclusions and exclusions checklist
    • Exhibit 145: Inclusions checklist
    • Exhibit 146: Exclusions checklist
  • 12.3 Currency conversion rates for US$
    • Exhibit 147: Currency conversion rates for US$
  • 12.4 Research methodology
    • Exhibit 148: Research methodology
    • Exhibit 149: Validation techniques employed for market sizing
    • Exhibit 150: Information sources
  • 12.5 List of abbreviations
    • Exhibit 151: List of abbreviations
About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Racket Sports Equipment Market Size to Grow by USD 469.78 million, Increase in Number of Racket Sports Courts Worldwide to Boost Growth - Technavio WeeklyReviewer

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