"Tennis Racquet Market Report helps businesses gain vital information about competitors, economic shifts, demographics, market trends, and consumer spending habits. This reliable market report offers real-world research solutions for every industry sector, with meticulous data collection from non-public sources to better equip businesses with essential information. The market survey covers the industry's scope, size, disposition, and growth, including key sensitivities and success factors.
Data Bridge Market Research analyses that the tennis racquet market was valued at USD 528.26 million in 2022 and is expected to reach USD 1037.23 million by 2030, registering a CAGR of 8.80% during the forecast period of 2023 to 2030. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and consumer behaviour.
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A tennis racquet is a bat with a long handle attached to a round frame with a network of tight strings over it. Tennis racquet is made by different materials, grip, and weight. The three key type are lightweight, medium-weight, heavy racquets and vary in manoeuvrability and control. This is made for striking a ball while playing tennis. A dizzying array of racquets for the tennis sport has come to meet the wide cross-section of customer demands, both in the professional and non-professional arena.
**Market Segments:**
- **Product Type:**
- Midsize Tennis Racquets
- Oversize Tennis Racquets
- Standard Tennis Racquets
- **Distribution Channel:**
- Online Retail
- Offline Retail
**Market Players:**
- **Wilson Sporting Goods Co.**
- **HEAD NV**
- **Babolat**
- **Yonex**
- **Dunlop Sports**
- **Tecnifibre**
- **Prince Global Sports**
- **ProKennex**
- **Pacific**
The tennis racquet market is a competitive and dynamic industry that is segmented by product type and distribution channel. In terms of product type, midsize, oversize, and standard tennis racquets are the main categories that cater to the diverse needs and preferences of players. Midsize racquets are known for their control and precision, while oversize racquets offer more power and forgiveness. Standard racquets strike a balance between the two, suitable for a wide range of players. On the other hand, the distribution channels play a crucial role in reaching the target audience. With the rise of e-commerce, online retail has gained significant traction in recent years, offering convenience and a wide variety of options to consumers. However, offline retail, including specialty sports stores and sporting goods chain outlets, still maintain a strong presence in the market, particularly for personalized recommendations and try-before-you-buy experiences.
Key market players in the tennis racquet industry include Wilson Sporting Goods Co., known for its innovative technologies and high-quality products. HEAD NV is another prominent player, focusing on performance-driven racquets for professional and amateur players alike. Babolat, a French company with a rich heritage in tennis, is renowned for its cutting-edge designs and player endorsements. Yonex, a Japanese brand, is highly regarded for its precision engineering and advanced materials in racquet manufacturing. Dunlop Sports, a well-established name in the industry, offers a wide range of racquets catering toThe tennis racquet market is a highly competitive and dynamic industry that continues to evolve with advancements in technology and changing consumer preferences. Product differentiation plays a key role in standing out in this market, with companies offering a variety of racquets tailored to different playing styles and skill levels. Midsize racquets are popular among advanced players who prioritize control and precision in their shots. These racquets typically have smaller head sizes, providing more feedback and responsiveness to the player's actions. On the other hand, oversize racquets are favored by recreational and beginner players for their larger sweet spots and enhanced power. They offer forgiveness for off-center hits, making it easier for less experienced players to make clean shots. Standard racquets, falling between midsize and oversize options, appeal to a broad segment of players looking for a balanced combination of control and power.
When it comes to distribution channels, the market is witnessing a shift towards online retail as consumers increasingly turn to e-commerce for their purchasing needs. Online retail offers a convenient shopping experience, with a wide selection of products, competitive prices, and the convenience of doorstep delivery. Players in the industry have been quick to capitalize on this trend by strengthening their online presence and optimizing their digital marketing strategies to reach a broader audience. However, offline retail channels still hold significance, particularly for niche markets and personalized customer service. Specialty sports stores and brick-and-mortar outlets provide customers with hands-on experiences, such as testing racquets and receiving expert advice from store staff. These physical retail locations remain crucial for building brand loyalty and establishing relationships with customers.
In the tennis racquet market, market players like Wilson Sporting Goods Co., HEAD NV, Babolat, Yonex, Dunlop Sports, Tecnifibre, Prince Global Sports, ProKennex, and Pacific are key players contributing to the industry's growth and innovation. Wilson stands out for its cutting-edge technologies, such as Parallel Drilling and Spin Effect, which enhance player performance on the court. HEAD NV's focus on**Global Tennis Racquet Market:**
- **Product Type:**
- Power Racquets
- Control Racquets
- Tweener Racquets
- **Raw Material:**
- Carbon Fibre
- Aluminium
- Others
- **String Pattern:**
- Open String Pattern
- Tight or Closed String Pattern
- **Head Size:**
- Midsize
- Mid Plus
- Oversize
- Super Oversize
- **End User:**
- Core Player
- Amateur
- **Distribution Channel:**
- Independent Sport Outlets
- Specialty and Sports Shops
- Discount Stores
- Franchised Sport Outlets
- Modern Retail
- Online Retail
- Others
The global tennis racquet market is witnessing significant growth and innovation driven by a variety of product types tailored to different playing styles and skill levels. Power racquets are designed for players seeking enhanced power and pace in their shots, while control racquets offer precision and maneuverability for advanced players looking to fine-tune their game. Tweener racquets strike a balance between power and control, appealing to a broad segment of players. The choice of raw material is crucial in racquet manufacturing, with carbon fibre being preferred for its lightweight and durable properties, aluminium for its strength, and other materials offering specific advantages based on player preferences. String pattern also plays a vital role in racquet performance, with
Countries Studied:
- North America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
- Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
- Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
- Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)
Key Coverage in the Tennis Racquet Market Report:
- Detailed analysis of Tennis Racquet Market by a thorough assessment of the technology, product type, application, and other key segments of the report
- Qualitative and quantitative analysis of the market along with CAGR calculation for the forecast period
- Investigative study of the market dynamics including drivers, opportunities, restraints, and limitations that can influence the market growth
- Comprehensive analysis of the regions of the Tennis Racquet industry and their futuristic growth outlook
- Competitive landscape benchmarking with key coverage of company profiles, product portfolio, and business expansion strategies
TABLE OF CONTENTS
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Research Methodology
Part 04: Market Landscape
Part 05: Pipeline Analysis
Part 06: Market Sizing
Part 07: Five Forces Analysis
Part 08: Market Segmentation
Part 09: Customer Landscape
Part 10: Regional Landscape
Part 11: Decision Framework
Part 12: Drivers and Challenges
Part 13: Market Trends
Part 14: Vendor Landscape
Part 15: Vendor Analysis
Part 16: Appendix
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