Market Research Report
Growth Opportunities in the Global Tennis Equipment Market
|Published by||Lucintel||Product code||539518|
|Published||Content info||99 Pages, 46 Figures /Charts and 29 Tables
Delivery time: 1-2 business days
|Growth Opportunities in the Global Tennis Equipment Market|
|Published: August 8, 2017||Content info: 99 Pages, 46 Figures /Charts and 29 Tables||
The future of the global tennis equipment manufacturing market looks good with opportunities in the tennis racquet, tennis ball, and tennis strings market. The global tennis equipment manufacturing market is expected to reach an estimated $845.7 million by 2022 and is forecast to grow at a CAGR of 2.4% from 2017 to 2022. The major growth drivers for this market are an increasing number of tennis events, growing participation among age groups, particularly in the youth segment, and growth of tennis as a fitness sport. In this market, the three segments by type are tennis racquets, tennis balls, and tennis strings.
Emerging trends, which have a direct impact on the dynamics of the tennis equipment industry, include increasing use of information technology for direct promotion/marketing to customers, and increasing participation in tennis for cardiovascular health.
A total of 46 figures / charts and 29 tables are provided in this 99-page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of this tennis equipment market report, download the report brochure.
The study includes the tennis equipment market size and forecast for the global tennis equipment manufacturing market through 2022 by type, material (tennis racquet), and region as follows:
Tennis equipment companies profiled in this market include Amer Sports, Head NV, Babolat, Yonex, and Dunlop Sports are among the major manufacturers of tennis equipment.
Lucintel forecasts that the tennis racquet segment will remain the largest segment by value and the tennis ball segment is expected to show above average growth during the forecast period.
Currently, tennis racquets are mostly made of composites material and it will remain preferred material for manufacturing due to their lightweight property.
North America is expected to remain the largest region by value during the forecast period due to an increasing number of professional players and cardio tennis participants in this region.