Racket Sport Equipment Market Report: Trends, Forecast and Competitive Analysis to 2030

Racket Sport Equipment Trends and Forecast

The future of the global racket sport equipment market looks promising with opportunities in the men, women, and kids markets. The global racket sport equipment market is expected to grow with a CAGR of 2.5% from 2024 to 2030. The major drivers for this market are rising interest in specialty sports and increasing technological developments for sustainability and better performance.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Racket Sport Equipment by Segment

The study includes a forecast for the global racket sport equipment by product type, distribution channel, application, end use, and region.

Racket Sport Equipment Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:

• Racket
• Ball
• Eyewear
• Racket Bag
• Accessory

Racket Sport Equipment Market by Distribution Channel [Shipment Analysis by Value from 2018 to 2030]:

• Hypermarket
• Specialty Store
• E-Commerce
• Others

Racket Sport Equipment Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Badminton
• Racquetball
• Squash
• Tennis

Racket Sport Equipment Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Men
• Women
• Kids

Racket Sport Equipment Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Racket Sport Equipment Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies racket sport equipment companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the racket sport equipment companies profiled in this report include-

• Authentic Brands
• Head Sports
• Pacific Holding
• Nike
• Yonex
• Sumitomo Rubber
• Donnay
• Karakal
• Babolat
• Amer Sports

Racket Sport Equipment Market Insights

Lucintel forecasts that ball will remain the largest segment over the forecast period.

Within this market, women will remain the largest segment.

North America will remain the largest region over the forecast period.

Features of the Global Racket Sport Equipment Market

Market Size Estimates: Racket sport equipment market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Racket sport equipment market size by various segments, such as by product type, distribution channel, application, end use, and region in terms of value ($B).

Regional Analysis: Racket sport equipment market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different product types, distribution channels, applications, end uses, and regions for the racket sport equipment market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the racket sport equipment market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the growth forecast for racket sport equipment market?

Answer: The global racket sport equipment market is expected to grow with a CAGR of 2.5% from 2024 to 2030.

Q2. What are the major drivers influencing the growth of the racket sport equipment market?

Answer: The major drivers for this market are rising interest in specialty sports and increasing technological developments for sustainability and better performance.

Q3. What are the major segments for racket sport equipment market?

Answer: The future of the racket sport equipment market looks promising with opportunities in the men, women, and kids markets.

Q4. Who are the key racket sport equipment market companies?

Answer: Some of the key racket sport equipment companies are as follows:

• Authentic Brands
• Head Sports
• Pacific Holding
• Nike
• Yonex
• Sumitomo Rubber
• Donnay
• Karakal
• Babolat
• Amer Sports

Q5. Which racket sport equipment market segment will be the largest in future?

Answer: Lucintel forecasts that ball will remain the largest segment over the forecast period.

Q6. In racket sport equipment market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period.

Q7. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the racket sport equipment market by product type (racket, ball, eyewear, racket bag, and accessory), distribution channel (hypermarket, specialty store, e-commerce, and others), application (badminton, racquetball, squash, and tennis), end use (men, women, and kids), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?