Tennis Racquet Market Forecast to 2030 - Global Analysis by End-User (Adults and Kids) and Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Retail, and Others)

List of Tables

The tennis racquet market was valued at US$ 392.34 million in 2022 and is expected to reach US$ 525.90 million by 2030; it is estimated to register a CAGR of 3.8% from 2023 to 2030.

A tennis racquet is a sports equipment used in the game of tennis. It consists of a frame with a tightly strung net or string bed stretched across it. The frame is usually made of lightweight materials such as graphite, carbon fiber, aluminum, or titanium, and the strings are made of synthetic or natural materials such as nylon, gut, or polyester. Tennis racquets come in different sizes, shapes, and weights to suit players of different ages, skill levels, and playing styles. They can be categorized into three main types: power racquets, control racquets, and tweener racquets. The market growth is fueled by a rise in the adoption of tennis as a recreational sport in the young and middle-aged population. The growing awareness regarding the significance of sports in sustaining fitness and health has increased the participation rate in tennis worldwide. Tennis has gained significant popularity, particularly among the elderly population in matured economies, including Germany, France, and the US. Playing tennis exhibits certain advantages such as increasing aerobic activities, lowering resting heart rate and blood pressure, improving metabolic function, and increasing bone density. Further, the increasing support from governments for various sports is expected to offer lucrative opportunities for the tennis racquet market growth during the forecast period.

Based on end-user, the global tennis racquet market is bifurcated into adults and kids. The adults segment accounted for a larger tennis racquet market share in 2022. The demand for adult tennis racquets has increased in recent years owing to the increasing initiatives by the governing bodies and the provision of cutting-edge technologies such as augmented reality (AR). On May 12, 2023, the governing body of tennis in Great Britain, the Lawn Tennis Association (LTA), introduced training programs, online booking systems, digital portals, and technologies such as augmented reality (AR). It drove engagement and presented a different dimension of the sport to a younger generation. The initiatives by the government and technology provision made tennis more relevant, welcoming, accessible, and enjoyable.

In 2022, North America held the largest revenue share of the global tennis racquet market. North America includes the US, Canada, and Mexico. The US and Canada are the most prominent sports nations, with various sports facilities and infrastructure, hosting major sporting events. Increased awareness about a healthy lifestyle associated with playing tennis is expected to boost the growth of the tennis racquet market during the forecast period. Growing fitness consciousness among all age groups has increased the participation rate of people in sports, which benefits not only the nation's health but also the economy. Additionally, the increased participation of the population in tennis has also been supported due to the increased adoption of tennis as a recreational sport among the youth. According to the United States Tennis Association (USTA), US tennis participation grew by 1 million players in 2022, with over 23.6 million people playing the sport for the third consecutive year. According to a report by the Physical Activity Council (PAC), released on March 14, 2023, tennis participation in Canada increased by 1 million players in 2022.

The key players operating in the global tennis racquet market include Yonex Co., Ltd.; Sumitomo Rubber Industries Ltd.; Head; Babolat; Wilson Sporting Goods; Gamma Sports; Pacific Holding GmbH; Maus Freres SA; Authentic Brands Group LLC; and Freewill Infrastructures Pvt. Ltd. Players operating in the global tennis racquet market focus on providing high-quality products to fulfill customer demand. They are also focusing on strategies such as investments in research and development activities and new product launches.

The overall global tennis racquet market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain more analytical insights into the topic. The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers-along with external consultants such as valuation experts, research analysts, and key opinion leaders-specializing in the tennis racquet market.

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Scrutinize in-depth the market trends and outlook coupled with the factors driving the market, as well as those hindering it.
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Product Code: TIPRE00024269

1. Introduction

1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
- 1.3.1 Tennis Racquet Market, by End-User
- 1.3.2 Tennis Racquet Market, by Distribution Channel
- 1.3.3 Tennis Racquet Market, by Geography

2. Key Takeaways

3. Research Methodology

3.1 Scope of the Study
3.2 Research Methodology
- 3.2.1 Data Collection:
- 3.2.2 Primary Interviews:
- 3.2.3 Hypothesis formulation:
- 3.2.4 Macro-economic factor analysis:
- 3.2.5 Developing base number:
- 3.2.6 Data Triangulation:
- 3.2.7 Country level data:

4. Tennis Racquet Market Landscape

4.1 Market Overview
4.2 PEST Analysis
- 4.2.1 North America PEST Analysis
- 4.2.2 Europe PEST Analysis
- 4.2.3 APAC PEST Analysis
- 4.2.4 Middle East and Africa PEST Analysis
- 4.2.5 South and Central America PEST Analysis
4.3 Expert Opinion

5. Tennis Racquet Market - Key Market Dynamics

5.1 Market Drivers
- 5.1.1 Adoption of Tennis as Recreational Sport in Young Population
- 5.1.2 Rising Government Support to Sports
5.2 Market Restraints
- 5.2.1 High Expenses Related to Tennis
5.3 Market Opportunities
- 5.3.1 Adoption of eco-friendly material for tennis racquets
5.4 Future Trends
- 5.4.1 New Product Innovations
5.5 Impact Analysis

6. Tennis Racquet - Global Market Analysis

6.1 Tennis Racquet Market Overview
6.2 Tennis Racquet Market -Revenue and Forecast to 2030 (US$ Million)
6.3 Market Positioning - Key Market Players

7. Global Tennis Racquet Market Analysis - By End-User

7.1 Overview
7.2 Tennis Racquet Market, By End-User (2022 and 2030)
7.3 Adults
- 7.3.1 Overview
- 7.3.2 Adults: Tennis Racquet Market - Revenue and Forecast to 2030 (US$ Million)
7.4 Kids
- 7.4.1 Overview
- 7.4.2 Kids: Tennis Racquet Market - Revenue and Forecast to 2030 (US$ Million)

8. Global Tennis Racquet Market Analysis - By Distribution Channel

8.1 Overview
8.2 Tennis Racquet Market, By Distribution Channel (2022 and 2030)
8.3 Supermarkets and Hypermarkets
- 8.3.1 Overview
- 8.3.2 Supermarkets and Hypermarkets: Tennis Racquet Market - Revenue and Forecast to 2030 (US$ Million)
8.4 Specialty Stores
- 8.4.1 Overview
- 8.4.2 Specialty Stores: Tennis Racquet Market - Revenue and Forecast to 2030 (US$ Million)
8.5 Online Retail
- 8.5.1 Overview
- 8.5.2 Online Retail: Tennis Racquet Market - Revenue and Forecast to 2030 (US$ Million)
8.6 Others
- 8.6.1 Overview
- 8.6.2 Others: Tennis Racquet Market - Revenue and Forecast to 2030 (US$ Million)

9. Global Tennis Racquet Market - Geographic Analysis

9.1 Overview
9.2 North America: Tennis Racquet Market
- 9.2.1 North America: Tennis Racquet Market -Volume and Forecast to 2030 (Million Units)
- 9.2.2 North America: Tennis Racquet Market -Revenue and Forecast to 2030 (US$ Million)
- 9.2.3 North America: Tennis Racquet Market, by End-User
- 9.2.4 North America: Tennis Racquet Market, by Distribution Channel
- 9.2.5 North America: Tennis Racquet Market, by Key Country
  - 9.2.5.1 US: Tennis Racquet Market -Revenue and Forecast to 2030 (US$ Million)
    - 9.2.5.1.1 US: Tennis Racquet Market, by End-User
    - 9.2.5.1.2 US: Tennis Racquet Market, by Distribution Channel
  - 9.2.5.2 Canada: Tennis Racquet Market-Revenue and Forecast to 2030 (US$ Million)
    - 9.2.5.2.1 Canada: Tennis Racquet Market, by End-User
    - 9.2.5.2.2 Canada: Tennis Racquet Market, by Distribution Channel
  - 9.2.5.3 Mexico: Tennis Racquet Market-Revenue and Forecast to 2030 (US$ Million)
    - 9.2.5.3.1 Mexico: Tennis Racquet Market, by End-User
    - 9.2.5.3.2 Mexico: Tennis Racquet Market, by Distribution Channel
9.3 Europe: Tennis Racquet Market
- 9.3.1 Europe: Tennis Racquet Market-Volume and Forecast to 2030 (Million Units)
- 9.3.2 Europe: Tennis Racquet Market-Revenue and Forecast to 2030 (US$ Million)
- 9.3.3 Europe: Tennis Racquet Market, by End-User
- 9.3.4 Europe: Tennis Racquet Market, by Distribution Channel
- 9.3.5 Europe: Tennis Racquet Market, by Key Country
  - 9.3.5.1 Germany: Tennis Racquet Market-Revenue and Forecast to 2030 (US$ Million)
    - 9.3.5.1.1 Germany: Tennis Racquet Market, by End-User
    - 9.3.5.1.2 Germany: Tennis Racquet Market, by Distribution Channel
  - 9.3.5.2 France: Tennis Racquet Market-Revenue and Forecast to 2030 (US$ Million)
    - 9.3.5.2.1 France: Tennis Racquet Market, by End-User
    - 9.3.5.2.2 France: Tennis Racquet Market, by Distribution Channel
  - 9.3.5.3 Italy: Tennis Racquet Market-Revenue and Forecast to 2030 (US$ Million)
    - 9.3.5.3.1 Italy: Tennis Racquet Market, by End-User
    - 9.3.5.3.2 Italy: Tennis Racquet Market, by Distribution Channel
  - 9.3.5.4 United Kingdom: Tennis Racquet Market-Revenue and Forecast to 2030 (US$ Million)
    - 9.3.5.4.1 United Kingdom: Tennis Racquet Market, by End-User
    - 9.3.5.4.2 United Kingdom: Tennis Racquet Market, by Distribution Channel
  - 9.3.5.5 Russia: Tennis Racquet Market-Revenue and Forecast to 2030 (US$ Million)
    - 9.3.5.5.1 Russia: Tennis Racquet Market, by End-User
    - 9.3.5.5.2 Russia: Tennis Racquet Market, by Distribution Channel
  - 9.3.5.6 Rest of Europe: Tennis Racquet Market -Revenue and Forecast to 2030 (US$ Million)
    - 9.3.5.6.1 Rest of Europe: Tennis Racquet Market, by End-User
    - 9.3.5.6.2 Rest of Europe: Tennis Racquet Market, by Distribution Channel
9.4 Asia Pacific: Tennis Racquet Market
- 9.4.1 Asia Pacific: Tennis Racquet Market -Volume and Forecast to 2030 (Million Units)
- 9.4.2 Asia Pacific: Tennis Racquet Market -Revenue and Forecast to 2030 (US$ Million)
- 9.4.3 Asia Pacific: Tennis Racquet Market, by End-User
- 9.4.4 Asia Pacific: Tennis Racquet Market, by Distribution Channel
- 9.4.5 Asia Pacific: Tennis Racquet Market, by Key Country
  - 9.4.5.1 Australia: Tennis Racquet Market -Revenue and Forecast to 2030 (US$ Million)
    - 9.4.5.1.1 Australia: Tennis Racquet Market, by End-User
    - 9.4.5.1.2 Australia: Tennis Racquet Market, by Distribution Channel
  - 9.4.5.2 China: Tennis Racquet Market -Revenue and Forecast to 2030 (US$ Million)
    - 9.4.5.2.1 China: Tennis Racquet Market, by End-User
    - 9.4.5.2.2 China: Tennis Racquet Market, by Distribution Channel
  - 9.4.5.3 India: Tennis Racquet Market -Revenue and Forecast to 2030 (US$ Million)
    - 9.4.5.3.1 India: Tennis Racquet Market, by End-User
    - 9.4.5.3.2 India: Tennis Racquet Market, by Distribution Channel
  - 9.4.5.4 Japan: Tennis Racquet Market -Revenue and Forecast to 2030 (US$ Million)
    - 9.4.5.4.1 Japan: Tennis Racquet Market, by End-User
    - 9.4.5.4.2 Japan: Tennis Racquet Market, by Distribution Channel
  - 9.4.5.5 South Korea: Tennis Racquet Market -Revenue and Forecast to 2030 (US$ Million)
    - 9.4.5.5.1 South Korea: Tennis Racquet Market, by End-User
    - 9.4.5.5.2 South Korea: Tennis Racquet Market, by Distribution Channel
  - 9.4.5.6 Rest of Asia Pacific: Tennis Racquet Market -Revenue and Forecast to 2030 (US$ Million)
    - 9.4.5.6.1 Rest of Asia Pacific: Tennis Racquet Market, by End-User
    - 9.4.5.6.2 Rest of Asia Pacific: Tennis Racquet Market, by Distribution Channel
9.5 Middle East and Africa: Tennis Racquet Market
- 9.5.1 Middle East and Africa: Tennis Racquet Market -Volume and Forecast to 2030 (Million Units)
- 9.5.2 Middle East and Africa: Tennis Racquet Market -Revenue and Forecast to 2030 (US$ Million)
- 9.5.3 Middle East and Africa: Tennis Racquet Market, by End-User
- 9.5.4 Middle East and Africa: Tennis Racquet Market, by Distribution Channel
- 9.5.5 Middle East and Africa: Tennis Racquet Market, by Key Country
  - 9.5.5.1 South Africa: Tennis Racquet Market -Revenue and Forecast to 2030 (US$ Million)
    - 9.5.5.1.1 South Africa: Tennis Racquet Market, by End-User
    - 9.5.5.1.2 South Africa: Tennis Racquet Market, by Distribution Channel
  - 9.5.5.2 Saudi Arabia: Tennis Racquet Market -Revenue and Forecast to 2030 (US$ Million)
    - 9.5.5.2.1 Saudi Arabia: Tennis Racquet Market, by End-User
    - 9.5.5.2.2 Saudi Arabia: Tennis Racquet Market, by Distribution Channel
  - 9.5.5.3 UAE: Tennis Racquet Market -Revenue and Forecast to 2030 (US$ Million)
    - 9.5.5.3.1 UAE: Tennis Racquet Market, by End-User
    - 9.5.5.3.2 UAE: Tennis Racquet Market, by Distribution Channel
  - 9.5.5.4 Rest of MEA: Tennis Racquet Market -Revenue and Forecast to 2030 (US$ Million)
    - 9.5.5.4.1 Rest of MEA: Tennis Racquet Market, by End-User
    - 9.5.5.4.2 Rest of MEA: Tennis Racquet Market, by Distribution Channel
9.6 South & Central America: Tennis Racquet Market
- 9.6.1 South & Central America: Tennis Racquet Market -Volume and Forecast to 2030 (Million Units)
- 9.6.2 South & Central America: Tennis Racquet Market -Revenue and Forecast to 2030 (US$ Million)
- 9.6.3 South & Central America: Tennis Racquet Market, by End-User
- 9.6.4 South & Central America: Tennis Racquet Market, by Distribution Channel
- 9.6.5 South & Central America: Tennis Racquet Market, by Key Country
  - 9.6.5.1 Brazil: Tennis Racquet Market -Revenue and Forecast to 2030 (US$ Million)
    - 9.6.5.1.1 Brazil: Tennis Racquet Market, by End-User
    - 9.6.5.1.2 Brazil: Tennis Racquet Market, by Distribution Channel
  - 9.6.5.2 Argentina: Tennis Racquet Market -Revenue and Forecast to 2030 (US$ Million)
    - 9.6.5.2.1 Argentina: Tennis Racquet Market, by End-User
    - 9.6.5.2.2 Argentina: Tennis Racquet Market, by Distribution Channel
  - 9.6.5.3 Rest of South & Central America: Tennis Racquet Market -Revenue and Forecast to 2030 (US$ Million)
    - 9.6.5.3.1 Rest of South & Central America: Tennis Racquet Market, by End-User
    - 9.6.5.3.2 Rest of South & Central America: Tennis Racquet Market, by Distribution Channel

10. Industry Landscape

10.1 Overview
10.2 Expansion
10.3 New Product Development
10.4 Merger and Acquisition

11. Impact of COVID-19 Pandemic on Global Tennis Racquet Market

11.1 Overview
11.2 Impact of COVID-19 on the Tennis Racquet Market
11.3 North America: Impact Assessment of COVID-19 Pandemic
11.4 Europe: Impact Assessment of COVID-19 Pandemic
11.5 Asia-Pacific: Impact Assessment of COVID-19 Pandemic
11.6 Middle East & Africa: Impact Assessment of COVID-19 Pandemic
11.7 South & Central America: Impact Assessment of COVID-19 Pandemic

12. Company Profiles

12.1 YONEX Co., Ltd.
- 12.1.1 Key Facts
- 12.1.2 Business Description
- 12.1.3 Products and Services
- 12.1.4 Financial Overview
- 12.1.5 SWOT Analysis
- 12.1.6 Key Developments
12.2 Sumitomo Rubber Industries Ltd
- 12.2.1 Key Facts
- 12.2.2 Business Description
- 12.2.3 Products and Services
- 12.2.4 Financial Overview
- 12.2.5 SWOT Analysis
- 12.2.6 Key Developments
12.3 HEAD
- 12.3.1 Key Facts
- 12.3.2 Business Description
- 12.3.3 Products and Services
- 12.3.4 Financial Overview
- 12.3.5 SWOT Analysis
- 12.3.6 Key Developments
12.4 Babolat
- 12.4.1 Key Facts
- 12.4.2 Business Description
- 12.4.3 Products and Services
- 12.4.4 Financial Overview
- 12.4.5 SWOT Analysis
- 12.4.6 Key Developments
12.5 Wilson Sporting Goods
- 12.5.1 Key Facts
- 12.5.2 Business Description
- 12.5.3 Products and Services
- 12.5.4 Financial Overview
- 12.5.5 SWOT Analysis
- 12.5.6 Key Developments
12.6 GAMMA Sports
- 12.6.1 Key Facts
- 12.6.2 Business Description
- 12.6.3 Products and Services
- 12.6.4 Financial Overview
- 12.6.5 SWOT Analysis
- 12.6.6 Key Developments
12.7 PACIFIC Holding GmbH
- 12.7.1 Key Facts
- 12.7.2 Business Description
- 12.7.3 Products and Services
- 12.7.4 Financial Overview
- 12.7.5 SWOT Analysis
- 12.7.6 Key Developments
12.8 Maus Freres SA
- 12.8.1 Key Facts
- 12.8.2 Business Description
- 12.8.3 Products and Services
- 12.8.4 Financial Overview
- 12.8.5 SWOT Analysis
- 12.8.6 Key Developments
12.9 Authentic Brands Group LLC
- 12.9.1 Key Facts
- 12.9.2 Business Description
- 12.9.3 Products and Services
- 12.9.4 Financial Overview
- 12.9.5 SWOT Analysis
- 12.9.6 Key Developments
12.10 Freewill Infrastructures Pvt. Ltd.
- 12.10.1 Key Facts
- 12.10.2 Business Description
- 12.10.3 Products and Services
- 12.10.4 Financial Overview
- 12.10.5 SWOT Analysis
- 12.10.6 Key Developments

13. Appendix

13.1 About The Insight Partners
13.2 Glossary of Terms