Racket Sports Equipment Market is Expected to be Worth $272.40

Racket Sports Equipment Market

Racket Sports Equipment Market

According to a new report, titled, “Racket Sports Equipment Market by Product Type, by End User, by Application, by Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2021-2031,”. The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter’s Five Forces analysis, and competitive landscape. The Racket Sports Equipment Market Size was valued at $176.80 million in 2021, and is estimated to reach $272.40 million by 2031, growing at a CAGR of 4.3% from 2022 to 2031.

Access Full Summary: https://www.alliedmarketresearch.com/racket-sports-equipment-market-A16941

Rise in penetration of internet, smartphones, computers, and other electronic media & entertainment devices has significantly increased involvement of children and youth towards indoor activities. This has resulted in diminished health and deterioration of skills & abilities of this population, which in turn has declined the interest and rate of participation in sports and reduced sales of sports equipment and apparel. Thus, decline in interest of children and young population in sports, owing to mounting interest in media & entertainment devices restrains the market growth.

Various big brands are entering the untapped market where lack of availability of sports facilities and products is witnessed. These key players are setting up sports facilities, sports centers, and play grounds, and correspondingly promoting their products. Likewise, various organizations and NGOs are donating the sports equipment, building sports facilities, conducting free of cost sports competitions, and training the potential athletes free of cost. Moreover, developing interest of the young population in sports is anticipated to offer potential Racket Sports Equipment Market Opportunities in the near future. These factors altogether significantly contribute towards the growth of the market in untapped regions.

The racket sports equipment market is segmented on the basis of product type, end user, application, distribution channel and region.

Based on product type, the

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In-the-water sports equipment market size is expected to grow by USD 5.78 billion from 2021 to 2026: A descriptive analysis of five forces model, market dynamics, and segmentation

NEW YORK, Feb. 9, 2023 /PRNewswire/ — According to Technavio, the global in-the-water sports equipment market size is estimated to grow by USD 5.78 billion from 2021 to 2026. The market is estimated to grow at a CAGR of 3.91% during the forecast period. Moreover, the growth momentum will accelerate. North America will account for 45% of the market’s growth during the forecast period. The report provides a comprehensive analysis of growth opportunities at regional levels, new product launches, the latest trends, and the post-pandemic recovery of the global market. For more insights on market size, request a sample report

Technavio has announced its latest market research report titled Global In-the-Water Sports Equipment Market

Technavio has announced its latest market research report titled Global In-the-Water Sports Equipment Market

In-the-water sports equipment market – Five forces
The global in-the-water sports equipment market is fragmented, and the five forces analysis covers–

  • Bargaining power of buyers

  • The threat of new entrants

  • Threat of rivalry

  • Bargaining power of suppliers

  • Threat of substitutes

  • For an interpretation of Porter’s five forces model – Buy the report!

In-the-water sports equipment market – Customer landscape

The report includes the market’s adoption lifecycle, from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

In-the-water sports equipment market – Segmentation assessment

Segment overview
Technavio has segmented the market based on product (sports gear and sports apparel), type (swimming, water aerobics, and water polo), and distribution channel (offline and online).

  • The sports gear segment will account for a significant share of the market’s growth during the forecast period. The growth of this segment is attributed to factors such as the rising popularity of different types of water sporting activities and the reopening

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Sun Belt expansion: Southern Miss, Old Dominion join conference with Marshall, FCS power expected to follow

The latest domino in the realignment bonanza has fallen, and the future of Conference USA is severely in doubt. Old Dominion announced Wednesday that it has accepted an invitation to join the Sun Belt Conference with the move coming no later than July 1, 2023. The Monarchs join Southern Miss, which announced its move to the Sun Belt on Tuesday.  

“While C-USA has proven to be an excellent home for ODU Athletics during our transition from FCS to FBS, and we thank the C-USA membership and leadership for such an outstanding partnership, the chance to enhance the overall athletic experience for the student-athletes, fans and alumni of ODU in the SBC with regional rivalries represents the perfect opportunity for the continued growth and evolution of ODU athletic programs in our pursuit of national prominence,” Old Dominion athletic director Wood Selig said in a statement. 

Old Dominion joined Conference USA as it transitioned to the FBS level during the 2014 football season. The program played football for a brief period in the 1930s, but ultimately folded before restarting a football team at the FCS level in 2009. Bobby Wilder led the program from inception until 2019, posting a 77-56 record between FCS and FBS, including a 10-win season in 2016. 

The program has struggled since the breakout season, however, posting an 11-32 record since 2017. Former Penn State offensive coordinator Ricky Rahne took over the program in 2020, but ODU opted not to play football during the pandemic season. A move to the Sun Belt — along with the potential rise of James Madison from the FCS ranks — gives the Monarchs significantly more regional partners in the Carolinas and Georgia. 

“We are thrilled to welcome Old Dominion University to the Sun Belt. ODU brings a host of strengths to our

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