Tennis Racquet Market New Business Opportunities, Growth Rate, Development Trend and Feasibility Studies by

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'Global Tennis Racquet Market' the new research report adds in Data Bridge Market Research's reports database. This Research Report spread across 329 Page, 53 No of Tables, And 244 No of Figures with summarizing Top companies, with tables and figures. The Tennis Racquet market research report presents a comprehensive study on production capacity, consumption, import and export for all the major regions across the world. By keeping in mind the end user's point of view, a team of researchers, forecasters, analysts and industry expert's work in-depth to formulate this Tennis Racquet market research report. The research and analysis carried out in this Tennis Racquet report assists clients to forecast investment in an emerging market, expansion of market share or success of a new product. To turn complex market insights into simpler version, well established tools and techniques are used for generation of Tennis Racquet report.

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.     

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 climate chain scenario.

Get PDF Broacher of Tennis Racquet Market Research Report at https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-tennis-racquet-market

Market Definition

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.

Tennis Racquet Market Scope and Segmentation

REPORT METRIC

DETAILS

Forecast Period

2023 to 2030

Base Year

2022

Historic Years

2021 (Customizable to 2015 - 2020)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

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)

Countries Covered

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America

Market Players Covered

Amer Sport (Finland), YONEX Co., Ltd.(Japan), Babolat (France), ASI LLC (Japan), Tecnifibre (France), Dunlop Sports Group Americas (U.S.), GAMMA Sports (U.S.), KC KINETIC SOLUTIONS, LLC (Taiwan), PowerAngle LLC (U.S.), Slazenger (U.K.), Wilson Sporting Goods (U.S.), Head (U.S.), ASICS Asia Pte. Ltd (India)

Market Opportunities

  • Increasing implementation of favorable policies
  • Increasing usage of carbon composites

Global Tennis Racquet Market Dynamics

Drivers

  • Growing youth engagement in recreational and sports activities, as well as the increasing personal disposable income

The upward awareness about the importance of sports in maintaining health and fitness has augmented the participation rate in a tennis game. Moreover, tennis has gained substantial popularity for improving fitness, mainly among the elderly in developed nations such as France, Germany and the U.S.. Furthermore, it has benefits such as decreasing resting heart rate, enhancing aerobic activities and blood pressure, increasing bone density and improving metabolic function.

  • Increase in personal fitness awareness amongst population

Growing health problems have created a requirement for fitness activities across the global population, increasing participation in sports activities, including tennis. Moreover, tennis as a recreational game has been acquired by a population of almost every age group due to its advantages across the globe. One such category is cardio tennis, which is a group workout that aids to reduce calories rationally. Huge adoption of cardio tennis amongst fitness enthusiasts is projected to drive the market growth.

Opportunities

  • Increasing implementation of favorable polices

Governments of developing countries, including India and China, have encouraged sports by implementing favorable initiatives and polices. For instance, the government of India implemented Khelo India-National Program in November 2018, to grow sports activity on a domestic level. These policies are anticipated to promote the scope of tennis activity and thus, create immense opportunities for the market growth and expand the utility of racquet in the upcoming years.

  • Increasing usage of carbon composites

Carbon composites enable manufacturers to maintain the flex pattern of the product so that they can alter the stiffness at several points on the frame. These carbon fiber products allow the producer to develop new designs and have better strength. Moreover, Wilson Sporting Goods, has launched a new product line named Clash. It is planned to fit with any swing style with better accuracy and power by using carbon mapping technology.

Restraints/ Challenges

  • High costs associated with the tennis racquet

 High expenses associated with premium racquets will pose a major challenge for the growth of market in the long run. Fluctuations in raw material costs will further hamper the market growth rate. Additionally, the availability of alternative products in the domestic markets will also generate limitations for the market growth rate.

This tennis racquet market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the tennis racquet market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Recent Development

  • In December 2021, Dow collaborated with B.T. Sports and Sport Singapore (SportSG) and launched the first-of-its-kind fully permeable in-situ tennis court. This was in line with the sustainability goals that Dow set out to achieve and was featured at the Jurong West Tennis Centre.

Top Key players in Global Tennis Racquet Market Report:

  • Amer Sport (Finland)
  • YONEX Co., Ltd.(Japan)
  • Babolat (France)
  • ASI LLC (Japan)
  • Tecnifibre (France)
  • Dunlop Sports Group Americas (U.S)
  • GAMMA Sports (U.S.)
  • KC KINETIC SOLUTIONS, LLC (Taiwan)
  • PowerAngle LLC (U.S.)
  • Slazenger (U.K.)
  • Wilson Sporting Goods (U.S.)
  • Head (U.S.)
  • ASICS Asia Pte. Ltd (India)

Get Access to Full Report (Including Graphs, Charts & Figures) at  https://www.databridgemarketresearch.com/reports/global-tennis-racquet-market

Market Segmentation:

The tennis racquet market is segmented on the basis of product type, raw material, string pattern, head size, end user and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

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

To View Detailed Report Analysis, Visit at https://www.databridgemarketresearch.com/checkout/buy/enterprise/global-tennis-racquet-market

Tennis Racquet Market Regional Analysis/Insights

The tennis racquet market is analyzed and market size insights and trends are provided by country, product type, raw material, string pattern, head size, end user and distribution channel as referenced above.

The countries covered in the tennis racquet market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the tennis racquet market in terms. This is due to the increasing participation of youngsters in tennis tournaments in this region. Furthermore, The U.S. has the region's most significant market for Tennis racquets. According to the Tennis Industry Association (TIA) analysis, the tennis economy rose by 4.5% between 2016 and 2020.

Asia-Pacific is anticipated to be the fastest developing region during the forecast period of 2023-2030 due to rising personal disposable income, westernization, rapid globalization, modernization and increase in expenditure to strengthen the sports in this region.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Key questions answered in the report:

  • What will the market development pace of the Tennis Racquet market?
  • What are the key factors driving the Global Tennis Racquet market?
  • Who are the key manufacturers in the market space?
  • What are the market openings, market hazard and market outline of the market?
  • What are sales, revenue, and price analysis of top manufacturers of Tennis Racquet market?
  • Who are the distributors, traders, and dealers of Tennis Racquet market?
  • What are the Tennis Racquet market opportunities and threats faced by the vendors in the Global Tennis Racquet industries?
  • What are deals, income, and value examination by types and utilizations of the market?
  • What are deals, income, and value examination by areas of enterprises?

For More Insights Get Detailed TOC at https://www.databridgemarketresearch.com/toc/?dbmr=global-tennis-racquet-market

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