Global Tennis Racquet Market by Raw Material, Applications, Distribution Channels, and Regions-Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2020–2026.

The Global Tennis Racquet market is expected to grow with a substantial CAGR, during the forecast period, 2020 to 2026. Growing awareness regarding importance of sports in maintaining health and fitness has been increasing the participation rate of tennis over the world. This factor is driving the market growth.

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Racquet is sports equipment which is utilized to strike a ball or shuttlecock in games such as tennis, racquetball, badminton, and squash. Tennis racquet is comes in various sizes, length and weight. Tennis racquet is bifurcated based on weight: lightweight and heavyweight. Consumer prefers heavyweight tennis racquet, as they are more suitable to the arm while playing, they more stable as compared to the lightweight racquet. Sports segment has high adoptions of heavy tennis racquet. In the beginning, tennis racquets were made from wood with a head size of 65 square inches. Since, technology is developing very rapidly and impact of this technology advancement is in favor of enhancements and improvement of tennis racquets. Manufacturers of tennis racquets are considering latest technology such as bending zone, aero modular and woofer to make tennis racquets more durable and comfortable. This is expected to boost the global tennis racquet market during the forecast period.

The tennis racquet is available in several color, weight and size. There are several factors present in the market which plays a crucial role in driving the market such as surging awareness regarding the importance of sports across the world is driving the global tennis racquet market. Improving standard of living and surging disposable income in the middle class family are expected to accelerate the global tennis racquet market. Cardio tennis has accumulated remarkable popularity among all the age groups. It is a group activity that includes high-energy workout consisting of warm-up and cardio workout to burn calories in a healthy way. In 2018, the participation rate in this sport has reached 2.5 million in U.S and it surged by almost 12%.

Market Trends, Drivers, Restraints, and Opportunities:

There are several factors present in the market which plays a crucial role in driving the market. Surging awareness regarding the importance of sports across the world is anticipated to drive the global tennis racquet market, during the forecast period.
Improving standard of living and surging disposable income in the middle class family are expected to boost the growth of global tennis racquet market.
Moreover, surge in the number of athletes in tennis requiring light and heavy tennis racquets is projected to drive the global tennis racquet.
Furthermore, tennis has been accumulating significant popularity as a sport for better fitness, especially among the elderly population, in developed economies including U.S., Germany, and France.
However, rising prices of racquet is expected to restrain the market growth, during the forecast period.

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Competitive Landscape:

Key players include Adidas, Nike, New Balance, Puma SE, Asics Corp, Bata Ltd., Skechers USA Inc, Deichmann, Jack Wolfskin, and Columbia.

The Global Tennis Racquet market has been segmented on the basis of:

Raw Material

Carbon Fiber
Aluminum
Others

Applications

Core Players
Amateur

Distribution Channels

Online
Offline

Regions

Asia-Pacific
North America
Europe
Latin America

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Table of Contents

Executive Summary
Assumptions and Acronyms Used
Research Methodology
Tennis Racquet Market Overview
Global Tennis Racquet Market Analysis and Forecast by Type
Global Tennis Racquet Market Analysis and Forecast by Application
Global Tennis Racquet Market Analysis and Forecast by Sales Channel
Global Tennis Racquet Market Analysis and Forecast by Region
North Tennis Racquet Market Analysis and Forecast
Latin Tennis Racquet Market Analysis and Forecast
Europe Tennis Racquet Market Analysis and Forecast
Asia Pacific Tennis Racquet Market Analysis and Forecast
Middle East & Africa Tennis Racquet Market Analysis and Forecast
Competition Landscape

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