Headquarters: G4060, Solitaire Business Hub, Viman Nagar, Pune, Maharashtra 411014. Global Badminton and Tennis Scope and Segment Badminton and Tennis market is segmented by Type and by Application. Based on distribution channels, the market has been segmented offline and online. The chapter also includes information regarding the strategies adopted by the manufacturers such as mergers, acquisitions, and new product launches. As for the Europe Badminton and Tennis landscape, Germany is projected to reach USD million by 2028 trailing a CAGR of Percent over the forecast period. This article and the published report content provide majorly two types of information qualitative and quantitative. The historical period included in the report is from 2018 to 2022, whereas, the report provides forecast data for the years 2023 to 2030. The online segment can be segregated into website-through selling and e-commerce portal offerings. The market is growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon. In addition, factors such as Chinas booming economy and the expansion of sports infrastructure and training facilities have created ample opportunities for various stakeholders in the sports equipment manufacturing ecosystem. The proportion of the US is Percent in 2021, while China and Europe are Percent and Percent respectively, and it is predicted that China proportion will reach Percent in 2028, trailing a CAGR of Percent through the analysis period. For instance, the International Tennis Federation (ITF) defines the specifications for tennis racquets. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe. Furthermore, the increasing availability of product advertisements, promotions, and tennis equipment on e-commerce portals across the globe is another factor expected to support the revenue growth of this market in the future. The global Table Tennis market was valued at USD million in 2019 and is expected to reach USD million by the end of 2026, growing at a CAGR of Percent during 2021-2026. Fully considering the economic change by this health crisis, Tennis Racquet accounting for Percent of the Badminton and Tennis global market in 2021, is projected to value USD million by 2028, growing at a revisedCAGR in the post-COVID-19 period. Of the 21.64 million Americans who say they played tennis last year, 6.78 million were new and returning players. With a CAGR , this market is estimated to reach USD million in 2030. Pearson shares skid after ChatGPT warning from Chegg, High Altitude Long Endurance (Pseudo Satellite) Platform, Badminton and Tennis Market 2023 Global Report Insights 2030, RBA resumes interest-rate increases, despite signs of inflation peak, Hollywood writers go on strike, saying they face existential crisis, Students are turning to ChatGPT for study help, and Chegg stock plummets more than 30%, These 3 industries could be completely disrupted by data analytics. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The Company Basic Information, and Sales Area chapter includes ten or more key players, which are dominating the market. Market drivers help you understand the impact on market growth. The TIA recently released its fifth annual "State of the Industry" report, which compiles key findings from the trade association's more than 70 annual research studies and surveys into a top-line document for the past year. By type, which segment accounted for largest share of the global Tennis Market? In addition, various manufacturers are working hard to meet the needs of their customers and are constantly focusing on making sustainable and eco-friendly shoes. There was a 16% in tennis players who were interested in the cardiovascular benefits of the sport. 1. This report will prove beneficial for person or an organization who wish to be updated regarding their business environment, consumers behaviour, and their requirements. With Tennis Stringing Machines sales broken down by region, market sector and sub-sector, this report provides a Read More, in 2022, providing a comprehensive analysis by region and market sector of projected Portable Tennis Stringing Machines sales for 2023 through 2029. Free business intelligence platform with subscription, 4. Tourism, Travel, and sports are all interconnected. The front end Read More, Feb 25, 2023|Published by: GlobalInfoResearch|USD 3,480, 2022 and is forecast to a readjusted size of USD million by 2029 with a CAGR of % during review period. Government has called on South Africans to use electricity sparingly, especially during periods of high energy consumption, typically from 5pm to 9pm, as part of demand-side management (DSM . The Industry Insider Report is an in-depth look at the more than 70+ reports conducted each year by the Tennis Industry Association. Help us better understand the makeup of our tennis community, NEW! The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. 1 Further, company profiling includes an in-detailed business overview, COVID-19 impact on the particular firm, product type specifications, revenue & market share, and recent developments done by the company for its inorganic development, such as mergers, strategic acquisitions, partnerships, and others. Global Tennis Apparel Market Report 2023 is spread across 116 pages and provides exclusive vital statistics, data, information, trends and competitive landscape details in this niche sector . We have listed the discounted pricing including Tax/es. The popularity of the sport in the region, coupled with strong government support to increase participation in youth tennis, is likely to propel market growth over the forecast period. 35 E Wacker Dr, Suite 850Chicago, IL 60601-2106 Badminton and Tennis Market analysis can also involve forecasting future market trends and conditions, based on factors like technological change, regulatory developments, or demographic shifts. Tennis participation and equipment sales surged for second straight year in 2021 Tennis participation increased by 27.9% and 4.9 million over two-year period, according to 2021 Physical Activity Council report, while equipment sales are up in numerous categories. This text provides general information. North America dominated the tennis equipment market with a share of 33.3% in 2021. Moreover, study also provides quantitative and qualitative analysis of each type to understand the driving factors for the fastest growing type segment for Tennis market. In 2021, these trends continue, in some cases accelerating, or taking interesting new turns. The use of eco-friendly materials to manufacture sports shoes is one of the major factors positively influencing the growth of this market. Which region is expected to hold the highest market share in the Tennis market? USTA Connect will focus on creating greater . 2023 Cognitive Market Research. 6.To project the consumption of Badminton and Tennis submarkets, with respect to key regions (along with their respective key countries). These materials are more durable and can produce more power when used by a player. For the first time, all three divisions of the NCAA Tennis Championships will be held at a single site this Mayand that site is the USTA National Campus in Orlando, Fla. This report also includes figures, graphs, pie charts, tables and bar graphs that explain the data analysis based on current trends at the country level as well as key regions. If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.. Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. Restraining factors are important to analyse on account of companies can develop strategies to overcome their negative impact on the growth of the market. Asia Pacific: (+852) 81930785 The tennis equipment market was valued at approximately USD 800Million in 2019 and is expected to surpass USD 915Million by 2026, expanding at a CAGR of 2% during the forecast period 2020-2026. Key Findings: Read More, Feb 09, 2023|Published by: TechNavio|USD 2,500, a CAGR of 6.51% during the forecast period. The easy availability of various products in specialty stores is one of the main factors attracting consumers to offline stores. Addition or alteration to country, regional & segment scope. Market Analysis and Insights: Global Badminton and Tennis Market Due to the COVID-19 pandemic, the global Badminton and Tennis market size is estimated to be worth USD million in 2022 and is forecast to a readjusted size of USD million by 2028 with a CAGR during the review period. The increasing adoption of tennis racquets, balls, and other equipment by professional players, along with the increasing number of tennis tournaments across the globe, is expected to drive the industry. Our support available to help you 24 hours a day, five days a week. Tennis market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Tennis Industry compound annual growth rate (CAGR) will be XX% from 2023 till 2030.". Stay in touch with us to get latest news and discount coupons. In this chapter we have summarized the overall report data in snapshot format. They have also been developing partnerships with tennis competitions to increase their market presence. Nearly 3 million of these were new players (2.96 million), a 44 percent increase over new players in 2019. We have various report editions of Tennis Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. 2.To understand the structure of Badminton and Tennis Market by identifying its various sub segments. It can be seen that most tennis equipment manufacturers, such as Nike and Wilson Sporting Good, have turned their attention to obtaining sales of tennis equipment through online channels such as the company's official e-commerce website and third parties. Whereas qualitative data, unveils market drivers, restraints, current trends, opportunities, and more. Senior Research Analyst at Cognitive Market Research. This report covers activities such as sports, shop, football, cricket, rugby and includes a wealth of information on the financial trends over the past four years. 7.To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market. This detailed competitive analysis will help you to strategize your business accordingly and will keep you one step ahead. It helps to understand unmet needs or an untapped potential in the market. In addition, tennis equipment manufacturers are adopting new technologies such as woofers, flex zones, and aerodynamic modules to make racquets more durable and comfortable. Compared to 2020, total volume and value in Europe increased by 45.3% and 40.7%, respectively, but it's not just the pandemic that disrupted sales in the second quarter of 2020. Over the two year period from 2019 through 2021, tennis has experienced a 27.9% boom in participation, adding around 4.9 million players. The Tennis Industry Association (TIA) and the United States Tennis Association (USTA) collaborated to survey tennis participation in the U.S. through the Physical Activity Council (PAC) Study on Sports and Physical Activity, administered by Sports Marketing Surveys USA. DOWNLOAD SAMPLE chevron_right. Sales Office Address (USA): 20 N State Street, Chicago, Illinois, 60602 United States Additionally, the ease of purchase and checkout processes of online retailers, including Amazon and Walmart, are expected to expand the reach of e-commerce as a sales medium. With Tennis Shock Vibrator sales broken down by region, market sector and sub-sector, this report provides a Read More, a comprehensive analysis by region and market sector of projected Tennis Stringing Machines sales for 2023 through 2029. Access/Request the quantitative data to understand the trends and dominating segment of Tennis Industry. This report has studied the . No purchase commitment. Some of the key types of data that are available from the global Badminton and Tennis market include, Economic data, Financial data, Industry data, and Consumer data However, it is important to carefully evaluate the quality and reliability of data sources and to use multiple sources of data to gain a more complete understanding of the Badminton and Tennis market. Complimentary 10 hours free analyst time for market review, 3. Explore purchase options. Know more and compare User license options. Besides the standard structure reports, we also provide custom research according to specific requirements. This report is a detailed and comprehensive analysis of the world market for Multifilament Tennis String, Read More, Feb 22, 2023|Published by: GlobalInfoResearch|USD 3,480, million in 2022 and is forecast to a readjusted size of USD million by 2029 with a CAGR of % during review period. The market in Europe has grown in both volume and value, although unit growth is higher than value growth, implying a lower overall average price across the continent.