PUBLISHER: TechNavio | PRODUCT CODE: 1389114
PUBLISHER: TechNavio | PRODUCT CODE: 1389114
The tennis equipment market is forecasted to grow by USD 211.08 mn during 2023-2028, accelerating at a CAGR of 2.21% during the forecast period. The report on the tennis equipment market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in the number of tennis courts globally, increase in number of tournaments, and rising celebrity endorsements and consumer engagement.
Market Scope | |
---|---|
Base Year | 2023 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 1.85% |
CAGR | 2.21% |
Incremental Value | $211.08mn |
Technavio's tennis equipment market is segmented as below:
By Distribution Channel
By Product Type
By Geographical Landscape
This study identifies the growing focus on sustainability as one of the prime reasons driving the tennis equipment market growth during the next few years. Also, introduction of technologically advanced tennis equipment and rising use of nanomaterials in tennis equipment will lead to sizable demand in the market.
The report on the tennis equipment market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading tennis equipment market vendors that include Adidas AG, ANTA Sports Products Ltd., ASICS Corp., Authentic Brands Group LLC, Babolat, Beiersdorf AG, Bosworth Tennis, Decathlon SA, Dunlop Sports, Fila Holdings Corp., Gamma Sports, Harrow Sports, KC Kinetic Solutions LLC, Lacoste, New Balance Athletics Inc., Nike Inc., PUMA SE, Solinco Sports, Yonex Co. Ltd., and Frasers Group plc. Also, the tennis equipment market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
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