Tennis Racquet Market size was valued at US$ 485.53 Mn. in 2021 and the total Tennis Racquet revenue is expected to grow at 8.30 % through 2022 to 2029, reaching nearly US$ 918.84 Mn.
Tennis Racquet Market Overview:
MMR Report has given detailed analysis of Tennis Racquet market by their type, application and region, in 2021 and forecast Tennis Racquet market at the end of 2029 with the help of primary and secondary research. The report covers all the market insight, environmental condition, political issue of specific region. Our research methodologies gives all the key finding of Tennis Racquet market. This report analyses key market drivers, market shares, important markets, and regional markets. Major corporations, key collaborations, mergers and acquisitions, as well as modern innovation and corporate strategy are all investigated in Tennis Racquet Market Analysis.
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Market Scope:
MMR report gives decision making to know the market segments, market trends, growth factors and market key findings. Report also provides major key players in terms of their revenues, business strategies and product launches. Import and export consumption, supply and demand, costs, prices, shares, sales volumes, revenues, and gross profits are all covered in this Tennis Racquet market study.
The Tennis Racquet market report provides qualitative and quantitative analysis, market share, size and competitive benchmarking. Our research experts helps you to aware the market risk in present and future for business prospective. The market include landscape analysis, CAGR analysis, five Porter’s analysis and PESTLE analysis
Segmentation :
In terms of raw materials, the carbon fibre market contributed a sizable portion of sales in 2021. Tennis players have been 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. The simple accessibility of a wide variety of goods in specialty stores is one of the main factors luring customers. These businesses offer customers the necessary information and support through qualified customer service professionals.
The segment by String Pattern that is predicted to develop at the fastest throughout the forecast period is Open String Pattern. 16x18 and 16x19 racquets with an open string design are the most popular. Due to the larger squares and broader string spacing, these are known as open string patterns. The advantage of open string patterns is that they are simpler to hit with depth, power, and spin.
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Key Players:
• Wilson Sporting Goods
• Amer Sport (Finland),
• YONEX Co., Ltd.(Japan),
• Babolat (France),
• ASI -CSP,llc (Japan) ,
• Tecnifibre ( Paris),
• Dunlop Sports Group Americas (the U.S.),
• ABG-PRINCE OPCO, LLC (the U.S.),
• GAMMA Sports (the U.S.),
• PACIFIC Holding GmbH (Germany),
• ProKennex (Taiwan),
• ONE SPORTS s.r.l (Italy),
• PowerAngle, H
• EAD (the Netherlands),
• Slazenger (the U.K),
• Volkltennis (Germany)
• Head N.V.
• Solinco
• ASICS Corporation
• Authentic Brands Group, LLC
The competitive landscape is an important aspect of which every key actor should be aware. The research illuminates the competitive landscape of the global Tennis Racquet market, allowing readers to understand competitiveness at both the domestic and global levels. Areas of operation, production, and product portfolio are all important considerations. In addition, the study examines key characteristics such as company size, market share, market growth, revenue, production volume, and profitability.
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Regional Analysis:
The Tennis Racquet Industry Research examines the market's key geographies, as well as notable segments and sub-segments. This Tennis Racquet market study includes figures, geographies, and revenue, as well as an in-depth look at the business chain structure, opportunities, and industry news.
Global Tennis Racquet Market Regional Analysis Includes:
Key Questions answered in the Tennis Racquet Market Report are:
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Mar 08, 2023
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