Friday 2 August 2019

Tennis Racquet Market Growing Popularity and Emerging Trends in the Market, Forecast to 2025

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. 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 75.0% share of the global revenue in 2018. 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.

Download Free Sample Report @ https://www.radiantinsights.com/research/tennis-racquet-market/request-sample

Tennis Racquet Market

Core players are expected to reach USD 240.2 million by the end of 2025. 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 for the core players 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.

Further key findings from the study suggest:
• North America held the largest share of 35.9% both in terms of revenue as well as volume in 2018
• Asia Pacific is expected to expand at the fastest CAGR of 5.5% in terms of revenue from 2019 to 2025
• By raw material, aluminum is expected to reach USD 40.9 million by the end of 2025
• By application, the amateur segment in tennis racquets market is expected to expand at a volume-based CAGR of 2.1% from 2019 to 2025
• Offline channels are expected to reach more than USD 295.0 million by the end of 2025

Browse Full Research Report with TOC @ https://www.radiantinsights.com/research/tennis-racquet-market

Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. GVR's Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing

Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segmental Outlook
2.3. Competitive Insights

Chapter 3. Tennis Racquet Market Variables, Trends & Scope
3.1. Market Introduction
3.2. Penetration & Growth Prospect Mapping
3.3. Industry Value Chain Analysis
3.3.1. Sales/Retail Channel Analysis
3.3.2. Profit Margin Analysis
3.4. Market Dynamics
3.4.1. Market Driver Analysis
3.4.2. Market Restraint Analysis
3.4.3. Industry Challenges
3.4.4. Industry Opportunities
3.5. Business Environment Analysis
3.5.1. Industry Analysis - Porter's
3.5.1.1. Supplier Power
3.5.1.2. Buyer Power
3.5.1.3. Substitution Threat
3.5.1.4. Threat from New Entrant
3.5.1.5. Competitive Rivalry
3.6. Roadmap of Tennis Racquet Market
3.7. Market Entry Strategies

Chapter 4. Consumer Behavior Analysis
4.1. Consumer Trends and Preferences
4.2. Factors Affecting Buying Decision
4.3. Consumer Raw material Adoption
4.4. Observations & Recommendations

Chapter 5. Tennis Racquet Market: Raw Material Estimates & Trend Analysis
5.1. Raw Material Movement Analysis & Market Share, 2018 & 2025
5.2. Carbon fiber
5.2.1. Market estimates and forecast, 2015 - 2025 (Thousand Units) (USD Million)
5.3. Aluminum
5.3.1. Market estimates and forecast, 2015 - 2025 (Thousand Units) (USD Million)
5.4. Others
5.4.1. Market estimates and forecast, 2015 - 2025 (Thousand Units) (USD Million)

Chapter 6. Tennis Racquet Market: Application Estimates & Trend Analysis
6.1. Application Movement Analysis & Market Share, 2018 & 2025
6.2. Core player
6.2.1. Market estimates and forecast, 2015 - 2025 (Thousand Units) (USD Million)
6.3. Amateur
6.3.1. Market estimates and forecast, 2015 - 2025 (Thousand Units) (USD Million)

Chapter 7. Tennis Racquet Market: Distribution Channel Estimates & Trend Analysis
7.1. Distribution Channel Movement Analysis & Market Share, 2018 & 2025
7.2. Online
7.2.1. Market estimates and forecast, 2015 - 2025 (Thousand Units) (USD Million)
7.3. Offline
7.3.1. Market estimates and forecast, 2015 - 2025 (Thousand Units) (USD Million)

Continued…

Read all Reports of this category @ https://www.radiantinsights.com/catalog/consumer-goods

About Radiant Insights
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. It assists and facilitate organizations and individuals procure market research reports, helping them in the decisions making process. The Organization has a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.


Media Contact:
Company Name: Radiant Insights, Inc
Contact Person: Michelle Thoras
Phone: (415) 349-0054
Toll Free: 1-888-928-9744
Address: 201 Spear Street 1100, Suite 3036,
City: San Francisco; State: California; Country: United States
Email: sales@radiantinsights.com
Website: https://www.radiantinsights.com/

No comments:

Post a Comment