Market Overview:
The global badminton equipment market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as the increasing popularity of badminton as a sport, rising disposable income, and growing demand for premium quality badminton equipment. Based on type, the global badminton equipment market is segmented into racquets, shuttlecocks, shoes, and others. The racquet segment is expected to account for the largest share of the global market in 2018. This can be attributed to factors such as technological advancements in racquet design and increasing demand for high-quality racquets among professional players. Based on application, the global badminton equipment market is segmented into specialty stores and sports stores, department stores and discount stores, online retail channels (including e-commerce websites), and other retail formats (including direct sales by manufacturers).
Product Definition:
A shuttlecock, Badminton racquet, and net are the basic pieces of equipment needed to play badminton. The shuttlecock is a feathered or plastic projectile that is hit with a racquet over a net. The object of the game is to propel the shuttlecock into the opponent's court in such a way that it cannot be returned.
Badminton Racquets:
Racquets, also known as badminton racquets or simply rackets, are used in the sport of badminton. The name comes from the French word for an iron; it is a tool with a long shaft made up of materials such as wood or metal and designed to hit the shuttlecock (a small rubber ball) with maximum power. It is mainly used by two players in each team: one who serves (server) and one who returns (returner).
Shuttlecocks:
Shuttles are small birds that live in the tropical regions of Africa and Asia. The male bird usually has a black body with a white throat and wings. The female is similar in appearance but has no distinct markings. They are known to be very noisy and can be seen flying in flocks during mating season, which is from March to June.
Application Insights:
The specialty and sports stores segment dominated the global badminton equipment market in 2017, accounting for more than 54% of the revenue share. The growth can be attributed to a rise in demand for new and advanced sporting goods across the globe. Moreover, rising popularity of badminton as a sport has also boosted its demand across specialty and sports stores globally.
The departmental store or discount store is expected to be one of the fastest-growing segments over the forecast period owing to increasing penetration of these retailers globally coupled with rising consumer disposable income levels in developing countries such as India, China, Indonesia etc. In addition, manufacturers are increasingly entering into partnerships with online retail platforms providing Badminton racquets through e-commerce channels thereby driving product sales through this channel without physical presence at brick & mortar locations which further supports segment growth over forecast period 2018 - 2030 ¢â‚¬â€œ 2030hrs GMT+8.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to continue its dominance over the forecast period as well, owing to increasing participation and awareness about badminton. China has been dominating this sport for a long time and it is also one of the top countries that play football. India has also shown interest in playing this sport at international level soon which will drive regional growth further.
Europe was estimated to be around USD X million in 2017 and is anticipated to grow at a significant rate over the forecast period due to growing popularity of badminton across European countries including U.K.
Growth Factors:
- Increasing popularity of the sport among all age groups
- Growing demand for customized badminton equipment
- Proliferation of online retail platforms for selling badminton equipment
- Rising number of tournaments and championships being organized worldwide
- Technological advancements in the design and manufacturing of badminton equipment
Scope Of The Report
Report Attributes
Report Details
Report Title
Badminton Equipment Market Research Report
By Type
Badminton Racquets, Shuttlecocks, Badminton Shoes, Others
By Application
Specialty and Sports Stores, Department and Discount Stores, Online Retail
By Companies
Ashaway, Babolat, Li-Ning, YONEX, ASICS, Pointfore, Tecnifibre, Ashaway
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
226
Number of Tables & Figures
159
Customization Available
Yes, the report can be customized as per your need.
Global Badminton Equipment Market Report Segments:
The global Badminton Equipment market is segmented on the basis of:
Types
Badminton Racquets, Shuttlecocks, Badminton Shoes, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Specialty and Sports Stores, Department and Discount Stores, Online Retail
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Ashaway
- Babolat
- Li-Ning
- YONEX
- ASICS
- Pointfore
- Tecnifibre
- Ashaway
Highlights of The Badminton Equipment Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Badminton Racquets
- Shuttlecocks
- Badminton Shoes
- Others
- By Application:
- Specialty and Sports Stores
- Department and Discount Stores
- Online Retail
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Badminton Equipment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Badminton equipment includes rackets, shuttlecocks, and balls.
Some of the key players operating in the badminton equipment market are Ashaway, Babolat, Li-Ning, YONEX, ASICS, Pointfore, Tecnifibre, Ashaway.
The badminton equipment market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Badminton Equipment Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Badminton Equipment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Badminton Equipment Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Badminton Equipment Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Badminton Equipment Market Size & Forecast, 2018-2028
4.5.1 Badminton Equipment Market Size and Y-o-Y Growth
4.5.2 Badminton Equipment Market Absolute $ Opportunity
Chapter 5 Global Badminton Equipment Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Badminton Equipment Market Size Forecast by Type
5.2.1 Badminton Racquets
5.2.2 Shuttlecocks
5.2.3 Badminton Shoes
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Badminton Equipment Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Badminton Equipment Market Size Forecast by Applications
6.2.1 Specialty and Sports Stores
6.2.2 Department and Discount Stores
6.2.3 Online Retail
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Badminton Equipment Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Badminton Equipment Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Badminton Equipment Analysis and Forecast
9.1 Introduction
9.2 North America Badminton Equipment Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Badminton Equipment Market Size Forecast by Type
9.6.1 Badminton Racquets
9.6.2 Shuttlecocks
9.6.3 Badminton Shoes
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Badminton Equipment Market Size Forecast by Applications
9.10.1 Specialty and Sports Stores
9.10.2 Department and Discount Stores
9.10.3 Online Retail
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Badminton Equipment Analysis and Forecast
10.1 Introduction
10.2 Europe Badminton Equipment Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Badminton Equipment Market Size Forecast by Type
10.6.1 Badminton Racquets
10.6.2 Shuttlecocks
10.6.3 Badminton Shoes
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Badminton Equipment Market Size Forecast by Applications
10.10.1 Specialty and Sports Stores
10.10.2 Department and Discount Stores
10.10.3 Online Retail
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Badminton Equipment Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Badminton Equipment Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Badminton Equipment Market Size Forecast by Type
11.6.1 Badminton Racquets
11.6.2 Shuttlecocks
11.6.3 Badminton Shoes
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Badminton Equipment Market Size Forecast by Applications
11.10.1 Specialty and Sports Stores
11.10.2 Department and Discount Stores
11.10.3 Online Retail
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Badminton Equipment Analysis and Forecast
12.1 Introduction
12.2 Latin America Badminton Equipment Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Badminton Equipment Market Size Forecast by Type
12.6.1 Badminton Racquets
12.6.2 Shuttlecocks
12.6.3 Badminton Shoes
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Badminton Equipment Market Size Forecast by Applications
12.10.1 Specialty and Sports Stores
12.10.2 Department and Discount Stores
12.10.3 Online Retail
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Badminton Equipment Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Badminton Equipment Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Badminton Equipment Market Size Forecast by Type
13.6.1 Badminton Racquets
13.6.2 Shuttlecocks
13.6.3 Badminton Shoes
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Badminton Equipment Market Size Forecast by Applications
13.10.1 Specialty and Sports Stores
13.10.2 Department and Discount Stores
13.10.3 Online Retail
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Badminton Equipment Market: Competitive Dashboard
14.2 Global Badminton Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Ashaway
14.3.2 Babolat
14.3.3 Li-Ning
14.3.4 YONEX
14.3.5 ASICS
14.3.6 Pointfore
14.3.7 Tecnifibre
14.3.8 Ashaway
