About Tennis Rackets
Tennis rackets are the bats attached with a long handle and round frame with a network of tight strings. This racket is used to hit the ball in tennis. Tennis is one of the most popular sport game in the world. Tennis game has a fan all over the world and it is consider as a one of the prestigious game played by the people. Tennis game commonly played at all over the world. A heavier tennis racket absorb more of the impact shot as compare to the lighter tennis racket. Many tennis racket manufacturers made tennis rackets as per the customer needs. There is also custom tennis rackets available in market now a days.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
The market for Tennis Rackets is highly competitive with several global as well as local players in the market. The global players are trying various strategies such as product innovation and using various marketing strategies to gain a higher market share. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Tennis Rackets market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Wilson (United States), Dunlop Sport (United Kingdom), Prince (United States), Tecnifibre (France), Yonex (Japan), Head (Austria), Babolat (France), Gamma Sport (United States), Asics (Japan) and Volkl (Germany) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Donnay (Belgium), Slazenger (United Kingdom), Powerangle (United States), Prokennex (Taiwan) and Pacific (Germany).
Segmentation Overview
AMA Research has segmented the market of Global Tennis Rackets market by Type (Power Rackets, Tweener Rackets and Modern Player Rackets), Application (Sports Organization and Residential) and Region.
On the basis of geography, the market of Tennis Rackets has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, 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). If we see Market by Distribution Channel, the sub-segment i.e. Online (E-Commerce Website) will boost the Tennis Rackets market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material, the sub-segment i.e. Wood will boost the Tennis Rackets market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Professional Players will boost the Tennis Rackets market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Number of New Sport Academies
Market Growth Drivers:
Popularity And of a Sport Games Among Youngsters, Government Investing on A Development of a Sport Games and Engaging Fitness Activity Among Peoples
Challenges:
Heavy Rackets Are Hard to Strikes
Restraints:
Easily Bend Components and String Breaks While Striking a Tennis Ball
Opportunities:
Increasing Number of Sport Enthusiast and Growth In Sports Related Infrastructure
On 22 April 2022, In Celebration of Earth Day, Wilson Sporting Goods Co. Today Announces The Launch Of Their Earth Day Tennis Racket Series. The Eco-Conscious Collection, Inclusive of Three Performance Rackets, Features Bio-Based and Recycled Material from Agiplast Technology By Arkema And Waterborne Paints From Sherwin Williams; Ultimately Decreasing The Footprint Of Each Racket Produced.
Key Target Audience
Tennis Rackets Manufacturers, New Entrants And Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government And Private Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.