Market Overview

The Global Racket Sports Equipment Market was valued at USD 331.8 million in 2023 and is expected to reach USD 486.5 million by 2031 while growing at a CAGR of 4.9% during the forecast period (2024-2031).

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Market Dynamics

This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global racket sports equipment market growth. Racket sports equipment encompasses gear and tools utilized in sports where players use a racket or paddle to hit a ball or shuttlecock. These sports involve competition on a designated court or playing area and include popular ones like tennis, badminton, squash, and table tennis.

The growing popularity of sports such as tennis, badminton, squash, and pickleball, along with advancements in materials and technology, propels the growth of the racket sports equipment market. Nevertheless, challenges like the high cost of specialized equipment and strict regulations may hinder market expansion.

Furthermore, the global racket sports equipment industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.

Segmentation – By Product Analysis

The Global Racket Sports Equipment Market is segmented among Rackets, Balls, Eyewear, Racket bags, Shoes, Accessories, based on product. In 2023, Balls accounted for the majority of the market share*.

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Segmentation – By Sports Analysis

The Global Racket Sports Equipment Market is segmented among Tennis, Squash, Badminton, and Racquetball, based on Sports. In 2023, Badminton accounted for the majority of the market share*.

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Global Racket Sports Equipment Market: Regional Analysis

Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, North America dominated the market with the highest market share, while Latin America is expected to grow with the highest CAGR during the forecast period (2024 – 2031).

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Competitive Landscape

Some of the key players operating in the market are Amer Sports, The Babolat, Head N.V., Tecnifibre, Yonex Co., Ltd., Goode Sport, Gamma Sports, Asics Pte Ltd., SRI Sports Limited, Li-Ning Company Limited, and Christopher Cloos.

Table of Contents:

1. Research Methodology and Market Scope

• Research Methodology

• Market Scope

2. Executive Summary

3. Global Racket Sports Equipment Market Dynamics

• Drivers

• Restraints

• Opportunity

4. Global Racket Sports Equipment Industry Analysis

• PEST Analysis

• Porter's Five Force Analysis

• Recent Deals Analysis

5. Global Racket Sports Equipment Market Segmentation, By Product

• Global Racket Sports Equipment Market Share Analysis, By Product

• Global Racket Sports Equipment Market Growth Analysis, By Product

• Global Racket Sports Equipment Market Trends, By Product

o Rackets

o Balls

o Eyewear

o Racket bags

o Shoes

o Accessories

6. Global Racket Sports Equipment Market Segmentation, By Sports

• Global Racket Sports Equipment Market Share Analysis, By Sports 

• Global Racket Sports Equipment Market Growth Analysis, By Sports 

• Global Racket Sports Equipment Market Trends, By Sports

o Tennis

o Squash

o Badminton

o Racquetball

7. Global Racket Sports Equipment Market Segmentation, By Distribution Channel

• Global Racket Sports Equipment Market Share Analysis, By Distribution Channel

• Global Racket Sports Equipment Market Growth Analysis, By Distribution Channel

• Global Racket Sports Equipment Market Trends, By Distribution Channel

o Supermarkets/Hypermarkets

o Specialty Stores

o Online Stores

o Other Distribution Channels   

8. Global Racket Sports Equipment Market Segmentation, By Region

• Global Racket Sports Equipment Market Share Analysis, By Region

• Global Racket Sports Equipment Market Growth Analysis, By Region

• Global Racket Sports Equipment Market Trends, By Region

o North America

o Europe

o Asia Pacific

o Latin America

o Middle East

o Africa

9. Competitive Landscape

• Amer Sports*

o Company Overview

o Financial Performance

o Key Development/Strategies

o SWOT Analysis

• The Babolat

• Head N.V.

• Tecnifibre

• Yonex Co., Ltd.

• Goode Sport

• Gamma Sports

• Asics Pte Ltd.

• SRI Sports Limited

• Li-Ning Company Limited

• Christopher Cloos        

 *Similar analysis will be provided for each company listed above.