Market Snapshot:
Padel sports is the four-player sport played in doubles on a smaller version of the tennis court which is made by the surrounding glass walls. This sport combines action with fun and social interaction played by amateurs as well as professionals. It can be played by all ages of people and skills as it is easy to learn and play. Padels sports involves equipment and components such as racquets, balls, footwear and bags, and others available for both men and women padel players.
Highlights from Padel Sports Market Study
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The key Vendors profiled in the report are Wilson Sporting Goods Company (United States), Dunlop Sport (United Kingdom), Head Sport GmbH (Austria), Prince Padel (Spain), Yonex Co., Ltd. (Japan), Babolat (France), Volkl Ski International, GmbH (Germany), Tecnifibre (France), ProKennex (Taiwan), Triton (United Kingdom) and Everysport Media Group (Sweden). Additionally, other players that are part of this comprehensive study are Clarke, Le Petit Tennis, MacGregor, Champion Sports, Pacific Holdings, Slazenger, Solinco and PowerAngle.
Geographic Breakdown and Segment Analysis
The Global Padel Sports market presents a comprehensive analysis of the Padel Sports market by product type (Outdoor Padel Sports and Indoor Padel Sports), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Global Padel Sports industry. Investors and Vendors can easily understand the inherent opportunities and challenges for their products in geographical region of interest.
For instance, while the holds majority of market share of the Padel Sports market
Analyst at AMA have segmented the market study of Global Padel Sports market by Type, Application and Region.
Influencing Trend:
Introduction of New Apparel and Equipment of the Padel Sports and The popularity of Padel Sports in the United Kingdom
Market Growth Drivers:
Growing Awareness about Physical and Mental Fitness and Increasing Interest of People in Playing Different Games
Challenges:
Regulatory Guidelines and Standards Imposed on the Padel Sports
Restraints:
Expensive Setup of Indoor Padel Sport Hindering the Market
Opportunities:
Surging Demand for the Indoor Sports due to COVID Lockdown Restriction
Market Developments Activities:
In 2021, Everysport Media Group acquires 50% of Klövern Padel and launches Every Padel. 50% of Klovern Padel is owned by the real estate company Klövern, whose ownership remains unchanged. ESMG and Klovern are thus jointly launching a new strategy for continued expansion at the same time as a name change on Klovern Padel to Every Padel are planned.
In 2021, Triton announced the establishment of LeDap Group a leading platform driving the growth, innovation, digitalization, and professionalization of Padel, a racquet sport combining elements of tennis and squash, in Europe and across the globe.
Market players are focusing on providing Padel Sports with higher quality and complying with all regulatory standards to fascinate more end users. They are also focusing on the introduction of numerous advanced and attractive features to further offer qualified Padel Sports. The market is fragmented owing to the presence of several international and domestic providers. The high focus on offering cost-effective product offerings Besides, the numerous industry profits have led to the entry of new players, increasing the level of rivalry in the already competitive market
Key Target Audience
Padel Sports Manufacturers, Padel Sports International Traders, Padel Sports Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Guidelines and Others