AdvanceMarketAnalytics, a global market research and consulting organization, have released a new study titled "Tennis Apparel market - Global outlook to 2026". Industries constant focus on reducing the operational cost and increased attention on core business, and need to improve scalability are expected to shape the Global Tennis Apparel market to grow at a CAGR of 3.21% to aggregate USD635.0 Million by 2026.
The End user, such as Male, is boosting the Tennis Apparel market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
According to Analyst at AMA Research, the Global Tennis Apparel market will experience significant growth during the forecast period due to potential opportunities lying in the market such as . Some of the important driving forces are Increment in count of tournaments worldwide, Growing interest in tennis and Increasing Web marketing initiatives by vendors.
Tennis apparel market is continuously growing due to increasing popularity of the sports among the audience and high participation rate in major regions like United States and Europe. Increasing number of new entrant owing to the growing market attractiveness. Parents today are also getting positively influenced by the resultant health benefits of practicing the sport and are encouraging their children to participate more in tennis. Education is one such non-profit community organization that is dedicated to promoting tennis among the youth from broad socioeconomic and cultural backgrounds. As a part of product promotion and marketing, endorsements by popular players are focused by number of key vendors. To capture this flourishing market, many tennis apparel vendors have been increasing their focus on introducing fashionable and premium tennis apparel for women, which is quite expensive still attracts the market.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Tennis Apparel market by Type (shorts, skirts, tracks, headgear, jackets and others) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key trends (current and future) of the market