Market Overview:
The global tennis equipment market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing popularity of tennis as a sport and rising demand for premium quality tennis equipment. In terms of type, the racquet segment is expected to lead the market during the forecast period, followed by apparel, shoes, bags and grips & accessories segments. In terms of application, entertainment is expected to be the leading segment during the forecast period, followed by athletic contests and others segments.
Product Definition:
Tennis equipment is a general term for the items that are used to play the sport of tennis. This includes items such as rackets, balls, and court surfaces. The importance of tennis equipment varies depending on the player. Some players may place more emphasis on having the latest and greatest racket or ball, while others may be more concerned with having a quality court surface to play on.
Racquet:
Racquet is a sports equipment used by players to hold their tennis balls. The modern day racquets are made up of different materials such as wood, metal and composites. A composite material is a mixture of carbon fibers or glass fibers mixed with resin which helps in increasing the strength and durability of the product.
Apparel:
Apparel is the second largest segment of tennis equipment market. It includes clothing such as shirts, pants, shorts, and socks. The apparel used by players during a match consists of two types: mandatory and optional. The mandatory type is designed according to the international rules and are usually colorfast with no logos or advertising on them; whereas optional items can be customized as per player’s requirements.
Application Insights:
The athletic contest application segment dominated the global tennis equipment market in 2017. This was attributed to the increasing number of professional players and rising popularity of sports including tennis, badminton, table tennis and squash among other sports played with rackets. According to a study published by the National Strength & Conditioning Association (NSCA), it is estimated that around 70% of total training time for athletes should be spent on strength training and 30% on endurance training. However, according to an article published by The Guardian in 2015, only 10-20% of total training time is spent by athletes on strength conditioning whereas 80-90% is spent on endurance conditioning. Therefore, increase in focus towards improving overall game performance as well as physical attributes may boost product demand over the forecast period.
Regional Analysis:
North America dominated the global tennis equipment market in 2017. The U.S., in particular, is a key revenue-generator for the regional market owing to the presence of several professional players and high popularity of tennis as an athletic sport. Europe is expected to be one of the fastest-growing markets over the forecast period owing to increasing number of tournaments held there and rising interest among people towards sports activities, especially during winter season. Asia Pacific also has significant growth opportunities due to growing popularity of various international championships organized there, such as Indian Wells Open (Tennis), Shanghai Rolex Masters (Golf) and BNP Paribas Open (Basketball). Moreover, countries such as China are emerging as a potential hub for manufacturing racquet sports equipment due to low labor cost and availability of skilled workforce; hence making APAC one of most lucrative regions with respect to future growth prospects.
Growth Factors:
- Increasing popularity of tennis as a sport
- Rising disposable income of the population
- Growing demand for technologically advanced equipment
- Proliferation of tennis tournaments and leagues across the world
- Increasing number of women participants in the sport
Scope Of The Report
Report Attributes
Report Details
Report Title
Tennis Equipment Market Research Report
By Type
Racquet, Apparel, Tennis Shoes, Tennis Bags, Grips & Accessories
By Application
Entertainment, Athletic Contest, Others
By Companies
HEAD, Wilson, Yonex, Dunlop Sports Group, Prince Sports, Gamma, Nike, Adidas
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
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Tennis Equipment Market Report Segments:
The global Tennis Equipment market is segmented on the basis of:
Types
Racquet, Apparel, Tennis Shoes, Tennis Bags, Grips & Accessories
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
Entertainment, Athletic Contest, Others
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:
- HEAD
- Wilson
- Yonex
- Dunlop Sports Group
- Prince Sports
- Gamma
- Nike
- Adidas
Highlights of The Tennis 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:
- Racquet
- Apparel
- Tennis Shoes
- Tennis Bags
- Grips & Accessories
- By Application:
- Entertainment
- Athletic Contest
- Others
- 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 Tennis 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?
Tennis equipment includes everything from racquets and balls to nets and chairs.
Some of the key players operating in the tennis equipment market are HEAD, Wilson, Yonex, Dunlop Sports Group, Prince Sports, Gamma, Nike, Adidas.
The tennis equipment market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Tennis Equipment Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Tennis Equipment Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Tennis Equipment Market - Supply Chain
4.5. Global Tennis Equipment Market Forecast
4.5.1. Tennis Equipment Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Tennis Equipment Market Size (000 Units) and Y-o-Y Growth
4.5.3. Tennis Equipment Market Absolute $ Opportunity
5. Global Tennis Equipment Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Tennis Equipment Market Size and Volume Forecast by Type
5.3.1. Racquet
5.3.2. Apparel
5.3.3. Tennis Shoes
5.3.4. Tennis Bags
5.3.5. Grips & Accessories
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Tennis Equipment Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Tennis Equipment Market Size and Volume Forecast by Application
6.3.1. Entertainment
6.3.2. Athletic Contest
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Tennis Equipment Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Tennis Equipment Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Tennis Equipment Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Tennis Equipment Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Tennis Equipment Demand Share Forecast, 2019-2026
9. North America Tennis Equipment Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Tennis Equipment Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Tennis Equipment Market Size and Volume Forecast by Application
9.4.1. Entertainment
9.4.2. Athletic Contest
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Tennis Equipment Market Size and Volume Forecast by Type
9.7.1. Racquet
9.7.2. Apparel
9.7.3. Tennis Shoes
9.7.4. Tennis Bags
9.7.5. Grips & Accessories
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Tennis Equipment Demand Share Forecast, 2019-2026
10. Latin America Tennis Equipment Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Tennis Equipment Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Tennis Equipment Market Size and Volume Forecast by Application
10.4.1. Entertainment
10.4.2. Athletic Contest
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Tennis Equipment Market Size and Volume Forecast by Type
10.7.1. Racquet
10.7.2. Apparel
10.7.3. Tennis Shoes
10.7.4. Tennis Bags
10.7.5. Grips & Accessories
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Tennis Equipment Demand Share Forecast, 2019-2026
11. Europe Tennis Equipment Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Tennis Equipment Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Tennis Equipment Market Size and Volume Forecast by Application
11.4.1. Entertainment
11.4.2. Athletic Contest
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Tennis Equipment Market Size and Volume Forecast by Type
11.7.1. Racquet
11.7.2. Apparel
11.7.3. Tennis Shoes
11.7.4. Tennis Bags
11.7.5. Grips & Accessories
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Tennis Equipment Demand Share, 2019-2026
12. Asia Pacific Tennis Equipment Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Tennis Equipment Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Tennis Equipment Market Size and Volume Forecast by Application
12.4.1. Entertainment
12.4.2. Athletic Contest
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Tennis Equipment Market Size and Volume Forecast by Type
12.7.1. Racquet
12.7.2. Apparel
12.7.3. Tennis Shoes
12.7.4. Tennis Bags
12.7.5. Grips & Accessories
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Tennis Equipment Demand Share, 2019-2026
13. Middle East & Africa Tennis Equipment Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Tennis Equipment Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Tennis Equipment Market Size and Volume Forecast by Application
13.4.1. Entertainment
13.4.2. Athletic Contest
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Tennis Equipment Market Size and Volume Forecast by Type
13.7.1. Racquet
13.7.2. Apparel
13.7.3. Tennis Shoes
13.7.4. Tennis Bags
13.7.5. Grips & Accessories
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Tennis Equipment Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Tennis Equipment Market: Market Share Analysis
14.2. Tennis Equipment Distributors and Customers
14.3. Tennis Equipment Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. HEAD
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Wilson
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Yonex
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Dunlop Sports Group
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Prince Sports
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Gamma
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Nike
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Adidas
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
