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The Racket Sports Equipment Market to grow by USD 469.78 million from 2021 to 2026

September 2, 2023 Bella

NEW YORK, Aug. 24, 2023 /PRNewswire/ — The racket sports equipment market size is expected to increase by USD 469.78 million from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 2.78%, according to Technavio – download a sample !

Racket Sports Equipment Market Insights –

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

Companies: 15+, Including ANTA Sports Products Ltd., ASICS Corp., Authentic Brands Group LLC, Babolat, Dunlop International Europe Ltd, Gamma Sports, Gearbox Inc, Harrow Sports, Head, KC Kinetic Solutions LLC, Klipper USA, Li Ning Co. Ltd., Maus Freres SA, Pacific Holding GmbH, PowerAngle LLC, Solinco Sports, Victor Rackets Ind. Corp., Volkl Tennis, Yonex Co. Ltd., Ashaway Line, Twine Mfg Co, and Karakal Worldwide Ltd., among others
Coverage: Parent market analysis; key drivers, major trends, and challenges; customer and vendor landscape; vendor product insights and recent developments; key companies; and market positioning of companies
Segments: Distribution Channel (Offline and Online), Product (Tennis equipment, Badminton equipment, and Squash equipment), and Geography (APAC, Europe, North America, South America, and Middle East and Africa)

To understand more about the racket sports equipment market, request a sample report

Racket Sports Equipment Market – Vendor Insights

The growing competition in the market is compelling companies to adopt various growth strategies, such as promotional activities and spending on advertisements to improve the visibility of their services. Technavio report analyzes the market’s competitive landscape and offers information on several market companies, including – ANTA Sports Products Ltd., ASICS Corp., Authentic Brands Group LLC, Babolat, Dunlop International Europe Ltd, Gamma Sports, Gearbox Inc, Harrow Sports, Head, KC Kinetic Solutions LLC, Klipper USA, Li Ning Co. Ltd., Maus Freres SA, Pacific Holding GmbH, PowerAngle LLC, Solinco Sports,

Racket Sports Equipment Market is Expected to be Worth $272.40

June 22, 2023 Bella

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

The World wide Racket Sporting activities Tools Marketplace is envisioned to grow by $ 469.78 mn for the duration of 2022-2026, accelerating at a CAGR of 2.78% throughout the forecast time period

October 18, 2022 Bella

Worldwide Racket Sports activities Devices Current market 2022-2026 The analyst has been checking the racket sports activities machines market and it is poised to develop by $ 469. 78 mn all through 2022-2026, accelerating at a CAGR of 2.

New York, Sept. 13, 2022 (World NEWSWIRE) — Reportlinker.com announces the launch of the report “World wide Racket Athletics Tools Market 2022-2026” – https://www.reportlinker.com/p04706512/?utm_source=GNW
78% during the forecast period. Our report on the racket sporting activities machines current market provides a holistic analysis, marketplace dimension and forecast, tendencies, development motorists, and challenges, as very well as vendor analysis covering about 25 suppliers.
The report offers an up-to-date assessment with regards to the present-day world-wide market circumstance, latest trends and motorists, and the over-all industry natural environment. The market place is pushed by raise in number of racket sports activities courts around the world, movie star endorsements and purchaser engagement, and increase in amount of tournaments.
The racket sports activities machines market investigation incorporates the distribution channel and products segments and geographic landscape.

The racket sporting activities equipment current market is segmented as beneath:
By Distribution Channel
• Offline
• On the net

By Product or service
• Tennis equipment
• Badminton devices
• Squash tools

By Geographical Landscape
• APAC
• Europe
• North The us
• South The usa
• The Center East and Africa

This review identifies the elevated use of nanomaterials as one of the key motives driving the racket sports devices sector progress all through the following handful of decades. Also, the introduction of improved quality items with further functions and the advent of eco-friendly raw resources will lead to sizable demand from customers in the current market.

The analyst offers a specific image of the market by the way of analyze, synthesis, and summation of

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

September 26, 2022 Bella

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

Racket Sports Equipment Market to Reach $272.40 Mn, Globally, by 2031 at 4.3% CAGR: Allied Market Research

September 20, 2022 Bella

PORTLAND, Ore. , Aug. 22, 2022 /PRNewswire/ — Allied Market Research published a report, titled, “Racket sports equipment Market by Product Type (Rackets, Balls, Eyewares, Racket Bags, Accessories), by End User (Men, Women, Kids), by Application (Badminton, Racquetball, Squash, Tennis), by Distribution Channel (Hypermarket, Specialty Stores, E-Commerce, Others): Global Opportunity Analysis and Industry Forecast, 2022-2031.” According to the report, the global racket sports equipment industry generated $176.80 million in 2021, and is estimated to reach $272.40 million by 2031, witnessing a CAGR of 4.3% from 2022 to 2031. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chain, regional landscape, and competitive scenario.

Drivers and Opportunities

Growing popularity of table tennis and increase in participation in the game globally, rise in awareness about fitness, sports activities and exercise among people due to rise in sports education and sports training in academics, and rise in sport initiatives by governments in emerging economies drive the growth of the global racket sports equipment market. However, growing penetration of the internet, smartphones, computers and other electronic media & entertainment devices which lead to an increase in involvement of youth towards indoor activities hamper the market growth. On the other hand, entry of big brands in markets where there is lack of availability of sports facilities and products, setting up of sports facilities, sports centers and play grounds by key players, donation of sports equipment, building sports facilities, conducting free of cost

WILSON RELEASES 2022 EARTH Working day TENNIS RACKET Series

April 24, 2022 Bella

“The Earth Day Series is component of Wilson’s continued motivation to make the earth a superior place by sport,” mentioned Hans-Martin Reh, International Basic Supervisor of Wilson Racquet Sports activities. “We are proud of the solution we’ve thoughtfully crafted in a extra sustainable manner, although not compromising the overall performance integrity of the rackets that players all-around the globe make the most of to bring their ideal to each individual match.”

The 3 rackets presented as element of the Earth Working day series are:

Professional Employees 97 v13
Blade 98 v8
Clash 100 v2

Each and every racket will retail for $299 and element the following sustainable engineering:

Agiplast material by Arkema, bio-centered and recycled plastic, butt caps and bumper grommet programs now a conventional in all Wilson effectiveness tennis rackets
Biodegradable PU (polyurethane) grips
Modern, clear shade technological innovation that includes waterborne primer, paint and coating
Eco-welcoming packaging

The waterborne primer and paints highlighted on Wilson’s Earth Working day rackets will lower the sum of volatile natural compounds applied for the duration of the application and manufacturing phases. The waterborne paints also provide a shorter oven cure plan, which lowers purely natural fuel utilization and decreases CO2 emissions.

Wilson is committed to ongoing generation of sustainably minded merchandise, which include Triniti tennis balls, pushing the restrictions of sustainable efficiency. Triniti was built to exist outside the house of a pressurized can, arriving in a lot more effortlessly recyclable and uniquely sustainable packaging. Wilson has also released the Eco Overcap across critical tennis ball franchises, minimizing the sum of plastic utilised in Overcaps by half.

Wilson not too long ago partnered with USTA Southern California to put into action their sustainable merchandise, these types of as Triniti Professional, as the ball of option for their situations. The partnership