Tennis Racquet Market Size
The Tennis Racquet market size was valued at $1.57 billion in 2022 and is projected to reach $2.13 billion by 2028, growing at a CAGR of 5.2% during the forecast period.
Tennis Racquet Market Overview
A tennis racquet is a specialized piece of equipment used in the sport of tennis to hit the ball over the net and into the opponent's court. It consists of a handle (or grip) connected to a frame with a network of strings stretched tightly across it. The frame of the racquet is typically made of lightweight materials such as graphite, aluminum, or carbon fiber, which provide strength and durability while minimizing weight. The strings are often made of synthetic materials such as nylon or polyester, though natural gut strings are also used for their superior feel and control. Tennis racquets come in a variety of sizes, shapes, and weights to accommodate different playing styles and skill levels. Players can customize their racquets by adjusting the tension of the strings or adding vibration dampeners to reduce shock and improve comfort. Overall, the tennis racquet is an essential tool for tennis players, providing the means to execute powerful serves, accurate groundstrokes, and precise volleys during a match.
Tennis Racquet Market Dynamics
The market dynamics analyzed in this market research report encapsulate a multifaceted interplay of drivers and constraints that significantly shape the landscape of the Tennis Racquet Market. The comprehensive analysis of both drivers and constraints enables a nuanced understanding of the market's dynamics, empowering businesses and stakeholders to make informed decisions in navigating the complexities of the market.
Tennis Racquet Market Scope
The report “Global Tennis Racquet Market: Industry Analysis, Opportunities and Forecast up to 2028” by Diligence Insights provides a detailed analysis of the present market and future outlook with market estimates and forecasts for all specified segments, encompassing both global and regional perspectives as outlined within the research framework. The study includes historical market data for the years 2020, 2021 and offers revenue estimations for 2022, and project forecasts spanning from 2023 to 2028. It places significant emphasis on the examination of market trends, key industry participants, supply chain developments, technological advancements, pivotal milestones, and prospective strategies. Comprehensive market assessments are carried out across major geographic regions, including North America, Europe, Asia Pacific, South America, and Middle East & Africa. As such, this report constitutes a valuable resource for current industry stakeholders, newcomers to the field, and potential investors.
The study offers an in-depth market analysis, drawing insights from industry experts across the value chain. A special focus has been made on 25 countries, including the United States, Canada, Mexico, the United Kingdom, Germany, Spain, France, Italy, China, Brazil, Saudi Arabia, and South Africa, among others. The market data has been meticulously collected through extensive primary interviews and comprehensive secondary research. Market size determination is rooted in the revenue generated from sales across all the specified segments and sub-segments as defined within the research scope. The market sizing analysis includes both top-down and bottom-up approaches for data validation and accuracy measures.
Market Segmentation:
The research report includes in-depth coverage of the industry analysis with size, share, and forecast for the below segments:
Global Tennis Racquet Market by, Product Type
· Aluminum
· Graphite
· Hybrid
· Wood
· Other Product Types
Global Tennis Racquet Market by, End User
· Amateur
· Professional
· Recreational
Global Tennis Racquet Market by, Geography
· North America (The United States, Canada, Mexico), Market Estimates, Forecast & Opportunity Analysis.
· Europe (Germany, France, UK, Italy, Spain, Rest of Europe), Market Estimates, Forecast & Opportunity Analysis
· Asia Pacific (China, Japan, India, South Korea, Australia, New Zealand, Rest of Asia Pacific), Market Estimates, Forecast & Opportunity Analysis
· South America (Brazil, Argentina, Chile, Rest of South America), Market Estimates, Forecast & Opportunity Analysis
· Middle East & Africa (UAE, Saudi Arabia, Qatar, Iran, South Africa, Rest of Middle East & Africa), Market Estimates, Forecast & Opportunity Analysis.
Key Players Profiled in this Research Report include:
· Asics Corporation
· Babolat
· Dunlop Sports
· Gamma Sports
· Head
· Prince Global Sports
· Tecnifibre
· Völkl Tennis
· Wilson Sporting Goods
· Yonex Co. Ltd.
What can be explored with this research report?
· Understand global Tennis Racquet Market analysis, trends, and forecast to 2028.
· Understand analysis of the Tennis Racquet Market structure by identifying various segments and sub-segments of the market.
· Understand revenue forecast and strategic analysis concerning industry trends and contribution to the overall Tennis Racquet Market.
· Understand the revenue forecast of the Tennis Racquet Market for North America, Europe, Asia-Pacific, South America, and Middle East & Africa.
· Identification of major market trends, factors driving, restraining, threatening, and providing opportunities for the Tennis Racquet Market growth.
· Analyzing opportunities by identification of high-growth segments/revenue pockets in the Tennis Racquet Market.
· Understand major player profiles in the Tennis Racquet Market and analyze their business strategies.
· Understand competitive developments such as joint ventures, alliances, mergers and acquisitions, and new product launches in the Tennis Racquet Market.
Table Of Content
1 Market Introduction
1.1 Market Definition
1.2 Research Scope and Segmentation
1.3 Stakeholders
1.4 List of Abbreviations
2 Executive Summary
3 Research Methodology
3.1 Identification of Data
3.2 Evaluation of Market Dynamics
3.3 Collaboration of Data
3.4 Verification and Analysis
3.5 Research Approach
3.6 Data Sources and Assumptions
4 Market Dynamics
4.1 Market Drivers
4.2 Market Restraints
4.3 Market Opportunities
4.4 Market Challenges
4.5 Impact of COVID-19 on the Tennis Racquet Market
5 Porter's Five Force Analysis
5.1 Bargaining Power of Suppliers
5.2 Bargaining Power of Buyers
5.3 Threat of New Entrants
5.4 Threat of Substitutes
5.5 Competitive Rivalry in the Market
6 Global Tennis Racquet Market by, Product Type
6.1 Overview
6.2 Aluminum
6.3 Graphite
6.4 Hybrid
6.5 Wood
6.6 Other Product Types
7 Global Tennis Racquet Market by, End User
7.1 Overview
7.2 Amateur
7.3 Professional
7.4 Recreational
8 Global Tennis Racquet Market by, Geography
8.1 Overview
8.2 North America
8.2.1 US
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 France
8.3.3 UK
8.3.4 Italy
8.3.5 Spain
8.3.6 Rest of Europe
8.4 Asia Pacific
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 South Korea
8.4.5 Australia
8.4.6 New Zealand
8.4.7 Rest of Asia Pacific
8.5 South America
8.5.1 Brazil
8.5.2 Argentina
8.5.3 Chile
8.5.4 Rest of South America
8.6 Middle East & Africa
8.6.1 UAE
8.6.2 Saudi Arabia
8.6.3 Qatar
8.6.4 Iran
8.6.5 South Africa
8.6.6 Rest of Middle East & Africa
9 Key Developments
10 Company Profiling
10.1 Asics Corporation
10.1.1 Business Overview
10.1.2 Product/Service Offering
10.1.3 Financial Overview
10.1.4 SWOT Analysis
10.1.5 Key Activities
10.2 Babolat
10.3 Dunlop Sports
10.4 Gamma Sports
10.5 Head
10.6 Prince Global Sports
10.7 Tecnifibre
10.8 Völkl Tennis
10.9 Wilson Sporting Goods
10.10 Yonex Co. Ltd.
Report Details
SKU Code | : DI1683 |
Industry | : Consumer Goods and Services |
Region | : Global |
Tables | : 60 |
Format | : Electronic PDF |
Published | : 2022 |
Choose License Type
Why Diligence Insights?
-
24/7 Research Support
We understand the various needs of our customers and remain always flexible in our approach. And we have a 24X7 client engagement team to ensure the best customer experience.
-
Tailor-Made Values
We consider each and every client’s business issues unique and exhibit precise solutions befitting your business goals and expectations.
-
Data Accuracy and Reliability
We offer a 360-degree view of the market to generate high standards and comprehensive data.
-
Customer Satisfaction
At Diligence Insights, we are committed to offering high-quality market research reports to our esteemed clients and focus on providing innovative solutions.
-
Information Security
We stand by the information security policy and stick to keeping your business information safe and secure.