Racket Sports Equipment Market Size to Grow by USD 469.78 million, Increase in Number of Racket Sports Courts Worldwide to Boost Growth

NEW YORK, Sept. 26, 2022 /PRNewswire/ — The racket sports equipment market size is expected to grow by USD 469.78 million from 2021 to 2026. In addition, the growth momentum of the market will accelerate at a CAGR of 2.78% during the forecast period, according to Technavio. The increase in the number of racket sports courts worldwide is driving the racket sports equipment market growth. However, factors such as the increase in the number of tournaments may challenge the market growth.

Technavio has announced its latest market research report titled Global Racket Sports Equipment Market 2022-2026

Technavio provides a comprehensive report summary describing the market size and forecast along with research methodology. The FREE sample report is available in PDF format

Racket Sports Equipment Market 2022-2026: Scope

The racket sports equipment market report covers the following areas:

Racket Sports Equipment Market 2022-2026: Drivers and Challenges

The increase in the number of racket sports courts worldwide is driving the growth of the market. With the support of WSF to enhance the reach and popularity of the sport, the number of squash courts has increased. For example, CourtTech builds squash courts that are tested and certified by WSF.

The increase in the number of tournaments is challenging the market growth. Revenue can be generated by putting a price premium on games through Android App store or Apple Store or by providing these games for free. These factors can negatively affect the participation rates of individuals in outdoor sports such as racket sports.

Racket Sports Equipment Market 2022-2026: Segmentation

  • Distribution Channel

  • Product

  • Geography

This report provides a full list of key vendors, their strategies, and latest developments. Request a FREE PDF Sample Now

Racket Sports Equipment Market 2022-2026: Revenue-generating Distribution Channel Segment

The offline segment will be the biggest contributor to market

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Phoenix Suns and Mercury owner Robert Sarver suspended by NBA for a single 12 months, fined $10 million

The NBA on Tuesday introduced a one-yr suspension and $10 million good of Phoenix Suns and Mercury operator Robert Sarver adhering to a lengthy impartial investigation into office misconduct allegations.

Sarver will operate with the NBA to appoint an interim governor to oversee the Suns in his absence, ESPN’s Baxter Holmes stories.

The league launched the investigation into Sarver adhering to a November 2021 article published by Holmes, whose interviews with a lot more than 70 latest and former Suns personnel disclosed a background of alleged “racially insensitive language,” “misogynistic” conduct and other hostile workplace misconduct.

The regulation firm of Wachtell, Lipton, Rosen and Katz was commissioned to perform the investigation. Led by associates David Anders and Sarah Eddy, the investigation showcased 320 interviews and the evaluation of far more than 80,000 “documents and other resources, including email messages, text messages and videos.” The firm’s results formulated a 43-site report that was built community in coordination with the NBA’s information launch.

The investigation revealed the subsequent critical conclusions, as laid out in the report:

  • Sarver mentioned the N-term at least five moments in repeating or purporting to repeat what a Black particular person said — 4 of individuals immediately after currently being advised by Black and white subordinates that he really should not use the term, even in repetition of a different.

  • Sarver utilised language and engaged in carry out demeaning of feminine staff members. Among the other illustrations, he advised a pregnant employee that she would be not able to do her task on getting to be a mother berated a feminine personnel in entrance of other individuals and then commented that gals cry too a great deal and arranged an all-feminine lunch so that woman staff members at Western Alliance Bank, the place at the time he

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