{"id":129148,"date":"2024-03-28T06:12:01","date_gmt":"2024-03-28T10:12:01","guid":{"rendered":"https:\/\/d5t8g5d.farmpresstheme.com\/retail\/racket-sports-equipment-market-size-share-to-surpass-272-40-million-by-2031-exhibiting-a-cagr-of-4-3-from-2022-2031\/"},"modified":"2024-03-28T06:12:01","modified_gmt":"2024-03-28T10:12:01","slug":"racket-sports-equipment-market-size-share-to-surpass-272-40-million-by-2031-exhibiting-a-cagr-of-4-3-from-2022-2031","status":"publish","type":"post","link":"https:\/\/d5t8g5d.farmpresstheme.com\/retail\/racket-sports-equipment-market-size-share-to-surpass-272-40-million-by-2031-exhibiting-a-cagr-of-4-3-from-2022-2031\/","title":{"rendered":"Racket Sports Equipment Market Size & Share to Surpass $272.40 Million by 2031, Exhibiting a CAGR of 4.3% From 2022-2031"},"content":{"rendered":"
<\/p>\n
Racket Sports Equipment Market<\/p>\n<\/div>\n<\/div>\n
Balls segment dominated the global market and has the Racket Sports Equipment Market Share of 2.9%.<\/i><\/p>\n \u2014 Roshan Deshmukh<\/p>\n<\/div>\n WILMINGTON, NEW CASTLE, DELAWARE 19801 USA, UNITED STATES, March 27, 2024 \/EINPresswire.com<\/a>\/ — According to a new report published by Allied Market Research, titled, \u201cRacket sports equipment Market<\/a>\u201d The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and changing market trends. The global Racket Sports Equipment Market Size was valued at $176.80 million in 2021, and is projected to reach $272.40 million by 2031, growing at a CAGR of 4.3% from 2022 to 2031.<\/p>\n Download Exclusive PDF Sample Report @https:\/\/www.alliedmarketresearch.com\/request-sample\/17319<\/a><\/p>\n 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.<\/p>\n 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.<\/p>\n 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 market is categorized into rackets, balls, eyewares, racket bags and accessories. By end user, it is classified into men, women, and kids. In terms of application, it is divided into badminton, racquetball, squash and tennis. On the basis of distribution channel the market is classified into hypermarkets\/supermarkets, specialty stores, e-commerce and others. Region-wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.<\/p>\n By product type, the balls segment was the highest contributor to the market, in 2021, and is estimated to grow at a CAGR of 2.9% during the forecast period. However, the accessories segment is expected to witness higher growth rate during the forecast.<\/p>\n Browse Full Report @https:\/\/www.alliedmarketresearch.com\/checkout-final\/90c6013158f617ac26125c24632df3c6<\/a><\/p>\n Depending on racket sports equipment market forecast by end user, the women segment led the market in 2021, and is estimated to grow at a CAGR of 5.2% during the forecast period. However, the men segment dominated the global market.<\/p>\n On the basis of racket sports equipment market by application, the badminton segment exhibited the highest growth in 2021, and is estimated to register a CAGR of 3.6% during the forecast period. However, the squash segment is expected to witness a high growth rate of 28.4% during the forecast period.<\/p>\n On the basis of racket sports equipment market analysis by distribution channel, the specialty stores segment exhibited the highest growth in 2021, and is estimated to register a CAGR of 4.7% during the forecast period. However, the e-commerce segment is expected to witness a high growth rate of 5.6% during the forecast period.<\/p>\n Based on region, North America held the highest share in 2021, accounting for more than one-third of the global racket sports equipment market. However, the Asia-Pacific market is projected to manifest the fastest CAGR of 5.6% during the forecast period. This is due to increase in purchasing power of consumers and rise in the middle-class population in the Asia-Pacific region. Furthermore, rise in marketing initiatives such as heavy marketing campaigns and celebrity endorsements also fuel the growth of the market in the region.<\/p>\n They key players included in the market analysis are BABOLAT VS S.A., YONEX CO.,Ltd, HEAD SPORTS, Volkl Ski International, GmbH, Sumitomo Rubber Industries, amer sports corporation, PACIFIC Holding GmbH, Solinco Sports, Donnay, PowerAngle LLC., Karakal, Maus Feres, Authentic Brands Group, FILA Inc., Nike Inc., and Counter Strike Table tennis.<\/p>\n Enquire More About this Report (Ask Our Experts) @https:\/\/www.alliedmarketresearch.com\/purchase-enquiry\/17319<\/a><\/p>\n \ud835\udc0a\ud835\udc1e\ud835\udc32 \ud835\udc01\ud835\udc1e\ud835\udc27\ud835\udc1e\ud835\udc1f\ud835\udc22\ud835\udc2d\ud835\udc2c \ud835\udc05\ud835\udc28\ud835\udc2b \ud835\udc12\ud835\udc2d\ud835\udc1a\ud835\udc24\ud835\udc1e\ud835\udc21\ud835\udc28\ud835\udc25\ud835\udc1d\ud835\udc1e\ud835\udc2b\ud835\udc2c:<\/p>\n \u25cb This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the racket sports equipment market analysis from 2021 to 2031 to identify the prevailing racket sports equipment market opportunities. \ud835\udc11\ud835\udc1e\ud835\udc1a\ud835\udc2c\ud835\udc28\ud835\udc27\ud835\udc2c \ud835\udc2d\ud835\udc28 \ud835\udc1b\ud835\udc2e\ud835\udc32 \ud835\udc11\ud835\udc1a\ud835\udc1c\ud835\udc24\ud835\udc1e\ud835\udc2d \ud835\udc12\ud835\udc29\ud835\udc28\ud835\udc2b\ud835\udc2d\ud835\udc2c \ud835\udc04\ud835\udc2a\ud835\udc2e\ud835\udc22\ud835\udc29\ud835\udc26\ud835\udc1e\ud835\udc27\ud835\udc2d \ud835\udc0c\ud835\udc1a\ud835\udc2b\ud835\udc24\ud835\udc1e\ud835\udc2d \ud835\udc11\ud835\udc1e\ud835\udc29\ud835\udc28\ud835\udc2b\ud835\udc2d:<\/p>\n \u2022 Procure strategically important competitor information, analysis, and insights to formulate effective R&D strategies. \ud835\udc11\ud835\udc1e\ud835\udc1a\ud835\udc1d \ud835\udc0c\ud835\udc28\ud835\udc2b\ud835\udc1e \ud835\udc13\ud835\udc2b\ud835\udc1e\ud835\udc27\ud835\udc1d\ud835\udc22\ud835\udc27\ud835\udc20 “\ud835\udc00\ud835\udc0c\ud835\udc11 \ud835\udc04\ud835\udc31\ud835\udc1c\ud835\udc25\ud835\udc2e\ud835\udc2c\ud835\udc22\ud835\udc2f\ud835\udc1e \ud835\udc08\ud835\udc27\ud835\udc2c\ud835\udc22\ud835\udc20\ud835\udc21\ud835\udc2d\ud835\udc2c:<\/p>\n \u25cb Smart Sports Equipment Market<\/a> size valued at $12.0 billion by 2026 Sports Training Market is projected to reach $18.85 billion by 2031 \u25cb Tennis Shoes Market Distribution Insight, Forecast, Outlook & Analysis \u25cb Football Sportswear Market is estimated to reach $114,414.1 million by 2027 David Correa What Sets Us Apart ? – Allied Market Research<\/p>\n \n
\u25cb The market research is offered along with information related to key drivers, restraints, and opportunities.
\u25cb Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
\u25cb In-depth analysis of the racket sports equipment market segmentation assists to determine the prevailing market opportunities.
\u25cb Major countries in each region are mapped according to their revenue contribution to the global market.<\/p>\n
\u2022 Recognize emerging players with potentially strong product portfolio and create effective counter-strategies to gain competitive advantage.
\u2022 Classify potential new clients or partners in the target demographic.
\u2022 Develop tactical initiatives by understanding the focus areas of leading companies.
\u2022 Plan mergers and acquisitions meritoriously by identifying Top Manufacturer.
\u2022 Develop and design in-licensing and out-licensing strategies by identifying prospective partners with the most attractive projects to enhance and expand business potential and Scope.
\u2022 Report will be updated with the latest data and delivered to you within 2-4 working days of order.
\u2022 Suitable for supporting your internal and external presentations with reliable high-quality data and analysis.
\u2022 Create regional and country strategies on the basis of local data and analysis.<\/p>\n
\u25cb Sports Events Market<\/a> is projected to reach $609.07 billion by 2031<\/p>\n
https:\/\/www.alliedmarketresearch.com\/sports-training-market-A16942<\/a><\/p>\n
https:\/\/www.alliedmarketresearch.com\/tennis-shoes-market-A09394<\/a><\/p>\n
https:\/\/www.alliedmarketresearch.com\/football-sportswear-market-A09835<\/a><\/p>\n
Allied Market Research
+1 5038946022
email us here<\/a>
Visit us on social media:
Facebook<\/a>
Twitter<\/a>
LinkedIn<\/a><\/p>\n