The global tennis racquet strings market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The market is driven by the increasing number of players in the world and their demand for better quality strings. The natural gut strings segment is expected to dominate the market with a share of over 50%. This segment is followed by artificial composite strings with a share of around 40%. The professional racket application segment accounted for over 60% of the total revenue in 2018 and it is expected to maintain its dominance throughout the forecast period.
Some Of The Growth Factors Of This Market:
- The market for tennis racquet strings is growing due to the increasing number of people playing tennis.
- The market for tennis racquet strings is growing due to the increasing number of people who are interested in playing tennis recreationally or competitively.
- The market for tennis racquet strings is growing due to the increase in popularity of other racket sports such as squash and badminton, which also use stringed rackets and require stringing services from time to time.
- The market for tennis racquet strings is growing due to the increased interest in recreational sports among adults, which has led many adults who were not previously active into taking up a sport like tennis or squash, both of which require a racket with strung strings on it that need replacing periodically as they wear out over time with use and age.
- The market for tennis racquet strings is expected to grow as more people become aware that there are different types of string available on the market today, each with its own unique properties that make it better suited than others depending on what type of player you are (ease-of-use, durability).
Industry Growth Insights published a new data on “Tennis Racquet Strings Market”. The research report is titled “Tennis Racquet Strings Market research by Types (Natural Gut Strings, Artificial Composite Strings, Other), By Applications (Professional Racket, Amateur Racket), By Players/Companies Wilson, Babolat, HEAD, Fischer, Kirschbaum, Luxilon, Prince, Tecnifibre, Dunlop, Pacific, Polyfibre, Tourna, Unbranded, Pro Kennex”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Tennis Racquet Strings Market Research Report
By Type
Natural Gut Strings, Artificial Composite Strings, Other
By Application
Professional Racket, Amateur Racket
By Companies
Wilson, Babolat, HEAD, Fischer, Kirschbaum, Luxilon, Prince, Tecnifibre, Dunlop, Pacific, Polyfibre, Tourna, Unbranded, Pro Kennex
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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Tennis Racquet Strings Market Report Segments:
The global Tennis Racquet Strings market is segmented on the basis of:
Types
Natural Gut Strings, Artificial Composite Strings, Other
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
Professional Racket, Amateur Racket
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:
- Wilson
- Babolat
- HEAD
- Fischer
- Kirschbaum
- Luxilon
- Prince
- Tecnifibre
- Dunlop
- Pacific
- Polyfibre
- Tourna
- Unbranded
- Pro Kennex
Highlights of The Tennis Racquet Strings 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:
- Natural Gut Strings
- Artificial Composite Strings
- Other
- By Application:
- Professional Racket
- Amateur Racket
- 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 Racquet Strings 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 racquet strings are the thin, strong cords that attach the racquet to the handle. They provide power and control when hitting a ball.
Some of the key players operating in the tennis racquet strings market are Wilson, Babolat, HEAD, Fischer, Kirschbaum, Luxilon, Prince, Tecnifibre, Dunlop, Pacific, Polyfibre, Tourna, Unbranded, Pro Kennex.
The tennis racquet strings market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Tennis Racquet Strings 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 Racquet Strings Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Tennis Racquet Strings Market - Supply Chain
4.5. Global Tennis Racquet Strings Market Forecast
4.5.1. Tennis Racquet Strings Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Tennis Racquet Strings Market Size (000 Units) and Y-o-Y Growth
4.5.3. Tennis Racquet Strings Market Absolute $ Opportunity
5. Global Tennis Racquet Strings 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 Racquet Strings Market Size and Volume Forecast by Type
5.3.1. Natural Gut Strings
5.3.2. Artificial Composite Strings
5.3.3. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Tennis Racquet Strings 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 Racquet Strings Market Size and Volume Forecast by Application
6.3.1. Professional Racket
6.3.2. Amateur Racket
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Tennis Racquet Strings 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 Racquet Strings 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 Racquet Strings 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 Racquet Strings 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 Racquet Strings Demand Share Forecast, 2019-2026
9. North America Tennis Racquet Strings 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 Racquet Strings 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 Racquet Strings Market Size and Volume Forecast by Application
9.4.1. Professional Racket
9.4.2. Amateur Racket
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Tennis Racquet Strings Market Size and Volume Forecast by Type
9.7.1. Natural Gut Strings
9.7.2. Artificial Composite Strings
9.7.3. Other
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 Racquet Strings Demand Share Forecast, 2019-2026
10. Latin America Tennis Racquet Strings 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 Racquet Strings 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 Racquet Strings Market Size and Volume Forecast by Application
10.4.1. Professional Racket
10.4.2. Amateur Racket
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Tennis Racquet Strings Market Size and Volume Forecast by Type
10.7.1. Natural Gut Strings
10.7.2. Artificial Composite Strings
10.7.3. Other
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 Racquet Strings Demand Share Forecast, 2019-2026
11. Europe Tennis Racquet Strings 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 Racquet Strings 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 Racquet Strings Market Size and Volume Forecast by Application
11.4.1. Professional Racket
11.4.2. Amateur Racket
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Tennis Racquet Strings Market Size and Volume Forecast by Type
11.7.1. Natural Gut Strings
11.7.2. Artificial Composite Strings
11.7.3. Other
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 Racquet Strings Demand Share, 2019-2026
12. Asia Pacific Tennis Racquet Strings 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 Racquet Strings 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 Racquet Strings Market Size and Volume Forecast by Application
12.4.1. Professional Racket
12.4.2. Amateur Racket
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Tennis Racquet Strings Market Size and Volume Forecast by Type
12.7.1. Natural Gut Strings
12.7.2. Artificial Composite Strings
12.7.3. Other
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 Racquet Strings Demand Share, 2019-2026
13. Middle East & Africa Tennis Racquet Strings 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 Racquet Strings 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 Racquet Strings Market Size and Volume Forecast by Application
13.4.1. Professional Racket
13.4.2. Amateur Racket
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Tennis Racquet Strings Market Size and Volume Forecast by Type
13.7.1. Natural Gut Strings
13.7.2. Artificial Composite Strings
13.7.3. Other
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 Racquet Strings Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Tennis Racquet Strings Market: Market Share Analysis
14.2. Tennis Racquet Strings Distributors and Customers
14.3. Tennis Racquet Strings Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Wilson
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Babolat
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. HEAD
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Fischer
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Kirschbaum
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Luxilon
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Prince
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Tecnifibre
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Dunlop
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Pacific
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Polyfibre
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Tourna
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Unbranded
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Pro Kennex
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
