San Francisco, 22 May 2024: The Report Tennis Racquet Market Size, Share & Trends Analysis Report By Material (Carbon Fiber, Aluminum, Others), By Distribution Channel, By String Pattern, By End-use, By Region, And Segment Forecasts, 2024 - 2030
The global tennis racquet market size is expected to reach USD 690.7 million by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 3.4% over the forecast period. Rising importance of sports in maintaining body metabolism and improving muscular strength is expected to promote the use of tennis among health conscious adults. In addition, rising popularity of cardio tennis in developed countries including U.S., Germany, and France is projected to remain a key factor in the near future.
Carbon fiber accounted for more than 78.2% share of the global revenue in 2023. Features including lightweight, high strength, and high stiffness are fueling the demand for the product among core players as well as amateur. Producers also find it more convenient than wood, steel or aluminum based product, as carbon fiber allows to distribute stiffness as per the customized requirements.
Professional players segment accounted for the largest market revenue share in 2023. Increasing number of professional lawn tennis tournaments in countries including Indonesia, India, and Australia as a result of increasing funding of domestic sports authorities to provide the exposure of international medium to the national youth players is expected to open new avenues in the near future.
In April 2015, ABG-PRINCE OPCO, LLC has launched a new product line of TeXtreme carbon fiber material. This product is 20% lighter, along with better stiffness. It is available in different frames including Tour 100T, Tour 95, Warrior 107T, and Warrior 107. Similarly, in November 2018, Babolat partnered with Chomarat, a supplier of multiaxial carbon. Babolat will be using Chomarat’s C-PLY Hexagonal for the production of its Pure Aero racket.
Key competitors of the tennis racquets industry include Amer Sports, YONEX Co., Ltd., Dunlop Sports, Babolat, Head N.V., ASI LLC, Tecnifibre, GAMMA Sports, Pacific Holdings Limited, ProKennex, Slazenger, ABG-PRINCE OPCO, LLC, Solinco, and PowerAngle LLC.
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Influencers, professional players, and brands use these platforms to showcase tennis gear, share tips, and promote the sport. Online reviews, tutorials, and endorsements contribute to informed purchasing decisions, increasing sales of tennis racquets. Social media encourages more people to try it, and digital marketing campaigns by racquet manufacturers target potential customers directly.
Tennis is an effective way to maintain physical fitness. The sport offers cardiovascular benefits, improves coordination, and is a full-body workout. As more people prioritize healthy lifestyles and seek engaging ways to stay fit, tennis gains popularity as a preferred activity. This trend drives the demand for tennis racquets as new players and fitness enthusiasts purchase equipment to participate in the sport. Additionally, tennis clubs and recreational centers are seeing increased memberships, further fueling the need for quality racquets. Many fitness influencers and trainers now recommend tennis as part of a balanced fitness exercise.
Manufacturers continually invest in research and development to create racquets that enhance player performance through improved power, control, and comfort. Advanced materials such as graphite composites, titanium, and other high-tech substances have revolutionized racquet construction, making them lighter, stronger, and more durable. Features such as better grip, vibration dampening, and customizable string tension also attract consumers seeking to optimize their playing experience. For instance, in July 2023, Yonex announced the launch of PERCEPT, a tennis racquet series for intermediate and advanced players. These racquets are developed to act as an extension of the player's arm, allowing for greater control and accuracy in ball placement. The racquets' enhanced frame stability, achieved through multiple layers of graphite, results in better ball control.
The global tennis racquet market size is expected to reach USD 419.9 million by 2025, according to a new report by Radiant Insights, Inc., expanding at a CAGR of 2.6% over the forecast period.
Carbon fiber accounted for more than 75.0% share of the global revenue in 2018.
In April 2015, ABG-PRINCE OPCO, LLC has launched a new product line of TeXtreme carbon fiber material.
It is available in different frames including Tour 100T, Tour 95, Warrior 107T, and Warrior 107.
Key competitors of the tennis racquets industry include Amer Sports, YONEX Co., Ltd., Dunlop Sports, Babolat, Head N.V., ASI LLC, Tecnifibre, GAMMA Sports, Pacific Holdings Limited, ProKennex, Slazenger, ABG-PRINCE OPCO, LLC, Solinco, and PowerAngle LLC.
Industry Value Chain Analysis 3.3.1.
Predicting The Spouse NamePredicting the name of the spouse with the help of a horoscope may be a little complicated task.
This is even a bigger problem since people nowadays do not name their children according to Rashi or Lagna.
However, you need not worry.
Astrology will get you all the answers.The house related to the marriage partner is the 7th house.
With the help of the 7th house, the lord of the 7th house, the depositor of the 7th lord and the nakshatra lord of the 7th house, we will be predicting the name of your spouse in astrology.If we want to know the first letter or name of the future spouse, then we have to look into the Lagna chart.
In the Lagna chart, the position of the 7th lord, planets, Nakshatra and its pada and the lord of the nakshatra direction should be taken into consideration.
