Global Badminton Racket Market Overview:
Badminton racket is a light long-handled racket used for playing badminton. A badminton racket is composed of a racket head and a racket handle. A length of the badminton racket is up to 68 cm, which the length of racket handle and rod is up to 42 cm. With the growth of science and technology, the improvement of the racket is becoming light, the racket rod is becoming flexible, the racket frame is becoming hard, and the air resistance is becoming small.
Growth Drivers
- Rising Attraction towards Sports
- Growing Adoption across Sport Industries
- Rising Sport Culture
Roadblocks
- Rising Raw Material Cost
- Less Durability
- Threat Of Substitutes
Opportunities
- Growing Badminton Infrastructure Developments in Emerging Countries
Competitive Landscape:
The global badminton rackets market is fragmented due presence of several key players. By knowing the trend of badminton, most of the key players are increasing their products portfolio. They are enhancing technological advancements to badminton rackets with the highest strength, light weight as well as comfortability.
Some of the key players profiled in the report are Yonex (Japan), VICTOR (India), RSL (Hong Kong), Lining (China), GOSEN (Japan), KAWASAKI (Japan), Carlton Sports (United Kingdom), Wilson Sporting Goods (United States), Babolat (France) and Apacs Sports (United Kingdom). Additionally, following companies can also be profiled that are part of our coverage like SOTX (United States), Wilson (United States) and Yehlex (United Kingdom). Analyst at AMA Research see United States Vendors to retain maximum share of Global Badminton Racket market by 2026. Considering Market by Distribution Channel, the sub-segment i.e. Online will boost the Badminton Racket market. Considering Market by Gender, the sub-segment i.e. Man will boost the Badminton Racket market.
What Can be Explored with the Badminton Racket Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Badminton Racket Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Badminton Racket
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Badminton Racket market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Badminton Racket market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Badminton Rackets Manufactures, Badminton Rackets Suppliers/Distributors, Sports Industry, Government Regularities Bodies, Government Research Organization, Private Research Organization and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.