Report ID: SQSG25J2011
Report ID:
SQSG25J2011 |
Region:
Global |
Published Date: April, 2024
Pages:
157
|
Tables:
171 |
Figures:
79
Global Tennis Racquet Market size was valued at USD 485.53 million in 2019 and is poised to grow from USD 528.26 million in 2023 to USD 1128.51 million by 2031, growing at a CAGR of 8.8% in the forecast period (2024-2031).
Tennis racquet are lightweight sports equipment with a netting stretched in an oval open frame with a handle. Increasing fitness consciousness and adoption of tennis as a recreational sports has increased people’s participation in tennis games which is beneficial to the physical health of the populace. In developing economies, government intervention and support in the expansion of sports industry and availability of higher disposable income are fostering tennis racquet market growth. Manufacturer of tennis racquets are bringing new innovative products with newer technologies such as bending zone, aero modular and woofer to increase the comfort to the consumer while using the racquet. Such factors may boost the market growth in the upcoming future.
Rise of tennis as a recreational sport among populaces in emerging economies has heavily shaped the growth trajectories of the tennis racquet market. A growing number of adolescents aspiring to join club teams are picky about the racquet they use. The vast range of demands underpins the vast canvas for tennis racquet players. Heavy weight racquets are almost exclusively used by professional tennis players and experienced athletes because they provide balance and swing precision. They have made the appropriate choice based on the size of their head.
US Tennis Racquet Market is poised to grow at a sustainable CAGR for the next forecast year.
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REQUEST FREE CUSTOMIZATIONTennis Racquet Market size was valued at USD 485.53 million in 2019 and is poised to grow from USD 528.26 million in 2023 to USD 1128.51 million by 2031, growing at a CAGR of 8.8% in the forecast period (2024-2031).
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Report ID: SQSG25J2011