Tennis Racquet Market Size, Growth Opportunities, Business Outlook, Leading Players and Forecast to 2022-2029

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Tennis Racquet Market size was valued at US$ 525.82 Mn. in 2022 and the total Tennis Racquet revenue is expected to grow at 8.3 % through 2023 to 2029, reaching nearly US$ 918.84 Mn.

 

Tennis Racquet Market Overview

The research released by Maximise Market Research assists clients in thoroughly comprehending the competitive environment, which serves as a roadmap for strategic planning. The market overview for Tennis Racquet Market contains in-depth information on the market's size, trade data, top competitors, and key market indicators, including life cycle, trends, etc. 

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Tennis Racquet Market Report Scope and Research Methodology

The competitive environment for the Tennis Racquet market covers technological adoption, financial position, portfolio, merger and acquisition, joint ventures, and strategic alliances. The Tennis Racquet market's drivers, restraints, opportunities, and challenges are covered in-depth in the study. A bottom-up strategy was adopted in the analysis to comprehend market estimations and growth rates for coating additives.

To understand the Tennis Racquet market penetration, pricing and demand analysis, and competitive landscape, geographical analysis of the Tennis Racquet market was undertaken at a local, regional, and worldwide level. In order to create marketing strategies and make investments, the study gives fundamental data on the Tennis Racquet market, such as stakeholders, investors, and new entrants.

 

The market for coating additives' data was gathered using both primary and secondary data sources. In addition to press headlines, annual reports and financial reports, white papers, etc., secondary data collection techniques include surveys, questionnaires, and telephone interviews with market leaders and business owners. While PORTER is used to assess the competition intensity of the industry in the Tennis Racquet Market, SWOT analysis is used to pinpoint the market's threats and weaknesses.

Tennis Racquet Market Regional Insights

North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa make up the majority of the market for coating additives. The report's Regional Analysis aids in comprehension of the Tennis Racquet market in various nations. The research provides a thorough analysis of all the variables, including market size, growth rate, and regional import and export.

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Tennis Racquet Market Dynamics:

The number of people playing tennis has increased as a result of greater knowledge of the value of sports in preserving fitness and health. Furthermore, in developed economies like Germany, France, and the US, tennis has grown significantly in popularity for enhancing fitness, particularly among the elderly population. Additionally, it provides advantages including raising aerobic activities, lowering blood pressure and heart rate during rest, enhancing metabolic function, and boosting bone density.

Tennis players can perform considerably better with a heavier tennis racket than with a lighter tennis racket since it has less torque and vibration. A heavy tennis racket might not be the greatest option for individuals who have wrist, elbow, or hand issues. 

Tennis Racquet Market Segmentation:

In terms of raw materials, the carbon fibre market accounted for a sizable portion of sales in 2022. Tennis players have become more enamoured with this product as a result of its modest weight. Carbon-based materials provide more precise weight distribution around the racket. As a result, racquets can be used for a greater variety of swing patterns and game types. It provides a better weight and swing balance. As a result, lightweight products that can offer the required stiffness and strength have become more popular among consumers in recent years. Because lighter sports equipment enables them to perform better than heavy equipment, professional athletes want to use it.


The tennis racket market was led by the offline distribution channel in terms of worldwide volume, accounting for a sizeable market share.

 

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Tennis Racquet Market Key Players:

1. Wilson Sporting Goods
2. Amer Sport (Finland),
3. YONEX Co., Ltd.(Japan),
4. Babolat (France),
5. ASI -CSP,llc (Japan) ,
6. Tecnifibre ( ‎Paris),
7. Dunlop Sports Group Americas (the U.S.),
8. ABG-PRINCE OPCO, LLC (the U.S.),
9. GAMMA Sports (the U.S.),
10. PACIFIC Holding GmbH (Germany),
11. ProKennex (Taiwan),
12. ONE SPORTS s.r.l (Italy),
13. PowerAngle, H
14. EAD (the Netherlands),
15. Slazenger (the U.K),
16. Volkltennis (Germany)
17. Head N.V.
18. Solinco
19. ASICS Corporation
20. Authentic Brands Group, LLC

Key questions answered in the Tennis Racquet Market are:

  • What is Tennis Racquet?
  • What was the Tennis Racquet market size in 2022?
  • What is the growth rate of the Tennis Racquet Market?
  • Which are the factors expected to drive the Tennis Racquet market growth?
  • What are the different segments of the Tennis Racquet Market?
  • What are the factors restraining the growth of the Tennis Racquet Market?
  • What is the demand pattern of the Tennis Racquet Market?
  • What major challenges could the Tennis Racquet Market face in the future? 

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Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2022)
  • Past Pricing and price curve by region (2018 to 2022)
  • Market Size, Share, Size & Forecast by different segment | 2023−2029
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
  • Market Segmentation – A detailed analysis by segment with their sub-segments and Region 
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective 
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis 
  • PORTER’s analysis 
  • Value chain and supply chain analysis 
  • Legal Aspects of Business by Region
  • Lucrative business opportunities with SWOT analysis 
  • Recommendations 

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