"Tennis Racquet Market – Industry Trends and Forecast to 2030
Global Tennis Racquet Market, By Product Type (Power Racquets, Control Racquets and Tweener Racquets), Raw Material (Carbon Fibre, Aluminium and Others), String Pattern (Open String Pattern and Tight or Closed String Pattern), Head Size (Midsize, Mid Plus, Oversize and Super Oversize), End User (Core Player and Amateur), Distribution Channel (Independent Sport Outlets, Specialty and Sports Shops, Discount Stores, Franchised Sport Outlets, Modern Retail, Online Retail and Others) – Industry Trends and Forecast to 2030.
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.
**Segments**
- By Type: The tennis racquet market can be segmented into three main types - power racquets, control/precision racquets, and tweener racquets. Power racquets are designed for players who need help producing power in their shots, often featuring a larger head size and a stiffer frame. Control/precision racquets are more suited for players who prefer accuracy and control over power, typically featuring a smaller head size and a more flexible frame. Tweener racquets aim to strike a balance between power and control, making them suitable for a wide range of players.
- By Distribution Channel: The market can also be segmented based on distribution channels, including sports equipment stores, online retail, specialty stores, and others. Sports equipment stores are physical retail locations that offer a wide range of tennis equipment, including racquets. Online retail has gained significant traction in recent years, providing consumers with convenience and a wide selection of products. Specialty stores focus exclusively on tennis equipment, offering a targeted shopping experience for consumers.
- By End User: End users in the tennis racquet market can be segmented into professional players, recreational players, and beginners. Professional players often have specific requirements for their racquets based on playing style and preferences. Recreational players may prioritize a balance of performance and comfort, while beginners typically look for easy-to-use racquets that can help improve their game.
**Market Players**
- Wilson Sporting Goods Co.
- Babolat VS S.A.
- Yonex Co., Ltd.
- HEAD B.V.
- Tecnifibre
- Dunlop Sports
- Prince Global Sports, LLC
- ProKennex
These market players are some of the key players in the tennis racquet market, each offering a diverse range of products catering to different segments of the market. Wilson, Babolat, and Yonex are among the top brands known for their innovative technologies and high-performance racquets. Other players like HEAD, Tecnifibre, and DunlopThe tennis racquet market is a dynamic industry with various segments that cater to the diverse needs and preferences of players. The segmentation based on type plays a crucial role in offering options that align with the playing style of individuals. Power racquets are designed for players who require assistance in generating power in their shots. These racquets often feature a larger head size and a stiffer frame to maximize power output. Control/precision racquets, on the other hand, target players who prioritize accuracy and control over power. With a smaller head size and a more flexible frame, these racquets offer enhanced maneuverability and precision. Tweener racquets occupy the middle ground, providing a balance between power and control to suit a wider range of players.
Distribution channel segmentation in the tennis racquet market helps in understanding how consumers access and purchase these products. Sports equipment stores are traditional brick-and-mortar retail locations that offer a variety of tennis equipment, including racquets. Online retail has witnessed significant growth, providing consumers with convenience, accessibility, and a vast array of products to choose from. Specialty stores focus exclusively on tennis equipment, creating a niche shopping experience for enthusiasts looking for specialized products and expert advice.
Segmenting the market by end-users allows manufacturers to tailor their products to meet the specific needs of different player categories. Professional players represent a niche segment with specific requirements based on their playing style and preferences. They often seek high-performance racquets that can complement their skills on the court. Recreational players, a larger segment in the market, value a blend of performance and comfort in their racquets to enhance their overall playing experience. Beginners form another significant segment, seeking user-friendly racquets that can assist them in improving their game and developing their skills.
The market players in the tennis racquet industry play a pivotal role in shaping the competitive landscape and driving innovation. Wilson Sporting Goods Co., Babolat VS S.A., Yonex Co., Ltd., HEAD B.V., Tecnifibre, Dunlop Sports, Prince**Segments**
- By Type: The tennis racquet market offers three main types of racquets catering to different player preferences and playing styles. Power racquets are designed to assist players in generating power in their shots, featuring larger head sizes and stiffer frames. Control/precision racquets prioritize accuracy and control, with smaller head sizes and more flexible frames. Tweener racquets aim to strike a balance between power and control, making them versatile options for a wide range of players.
- By Distribution Channel: The market segmentation based on distribution channels provides insights into how consumers access and purchase tennis racquets. Sports equipment stores offer a wide selection of tennis gear, including racquets, through physical retail locations. Online retail has witnessed significant growth, providing consumers with convenience and a vast product range. Specialty stores focus exclusively on tennis equipment, offering a specialized shopping experience for enthusiasts.
- By End User: End-user segmentation in the tennis racquet market categorizes consumers into professional players, recreational players, and beginners. Professional players have specific requirements based on their playing style and preferences, seeking high-performance racquets. Recreational players look for a blend of performance and comfort in their racquets, while beginners value user-friendly options to aid in skill development.
**Global Tennis Racquet Market, By Product Type (Power Racquets, Control Racquets and Tweener Racquets), Raw Material (Carbon Fibre, Aluminium and Others), String Pattern (Open String Pattern and Tight or Closed String Pattern), Head Size (Mid
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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