Global Tennis Market By Type (Graphite, Boron and Kevlar, and Aluminum), By Application (Professional Tennis Players, Adult Tennis Enthusiasts, and Junior Tennis Enthusiasts), By Region and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2019–2028
- Published date: Nov 2021
- Report ID: 15777
- Number of Pages: 311
- Format:
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The report on Tennis Market offers an in-depth analysis of market trends, drivers, restraints, opportunities, etc. Along with qualitative information, this report includes the quantitative analysis of various segments in terms of market share, growth, opportunity analysis, market value, etc. for the forecast years. The global tennis market is segmented on the basis of type, application, and geography.
The global Tennis Market is expected to grow at a CAGR of roughly 2.4% over the next 10 years and will reach US$ 691.9 Mn in 2032, from US$ 545.8 Mn in 2022, according to a new Market.us study.
Professional players are expected to adopt more tennis equipment, such as tennis racquets and balls, and increase the number of tournaments around the world. The popularity of tennis has increased worldwide due to increasing awareness about the importance and benefits of exercising for health and fitness. A study by researchers from Australia and Oxford University that followed more than 80,000 people over nine years found that tennis is the best form of exercise to prevent premature deaths. According to the report, those who participated in racquet sports were less likely to die. Racquet sports have a 47% lower chance of death than swimming, 28% less with aerobics, and 15% with cycling.
Tennis Market Scope:
By type, the market is segmented into Graphite, Boron, Kevlar, and Aluminum. By application, the market is divided into Professional Tennis Players, Adult Tennis Enthusiasts, and Junior Tennis Enthusiasts. Based on geography, the market is analyzed across North America, Europe, Asia-Pacific, Latin America, and Middle East, and Africa. Major players profiled in the report include Wilson, Head, Babolat, Dunlop, Yonex, Prince, Tecnifibre, Slazenger, Teloon, ProKennex, Qiangli, Gamma, Volkl, Pacific, Bonnyand Solinco.
The market’s major trend is the increasing use of information technology in direct marketing and promotion. Another major trend in the market is the promotion of tennis as an exercise sport. Cardio tennis, for example, is a high-energy exercise that combines the best aspects of tennis with a cardio workout. This cardio-training program is full-body and calorie-burning. To make tennis equipment more comfortable and durable, manufacturers are using new technologies like flex zones and woofers.
trending_up Total Revenue in 2018$496.4 Mn
trending_up Market CAGR of the Next Ten Years2.4%
no_encryption Market Value (US$ Mn), Share (%) and Growth Rate (%) Comparison 2012-2028Purchase this report or a membership to unlock the market value (US$ Mn), share (%) and growth rate (%) comparison for this industry.- By Type
- By Region
- By Application
no_encryption Leading Companies Financial HighlightsPurchase this report or a membership to unlock the leading companies financial highlights for this industry.trending_up Market Revenue of the Next Ten Years$631.2 Mn
Key Market Segments:
Type
- Graphite
- Boron and Kevlar
- Aluminum
Application
- Professional Tennis Players
- Adult Tennis Enthusiasts
- Junior Tennis Enthusiasts
To increase their brand awareness in the market, the top players have adopted multiple strategies. To support their products, the companies have worked with professional tennis players. To increase their market reach, they have formed partnerships with professional tennis players. They have developed a variety of competitive strategies such as technological and product innovation, increased production capacity, and partnerships with online e-commerce platforms companies to increase their sales.
Key Market Players included in the report:
- Wilson
- Head
- Babolat
- Dunlop
- Yonex
- Prince
- Tecnifibre
- Slazenger
- Teloon
- ProKennex
- Qiangli
- Gamma
- Volkl
- Pacific
- Bonny
- Solinco
Reasons to Get this Report:
In an insight outlook, this research report has dedicated to several quantities of analysis – industry research (global industry trends) and Tennis Market share analysis of high players, along with company profiles and which collectively include the fundamental opinions regarding the market landscape. Emerging and high-growth sections of the Tennis Market, high-growth regions, and market drivers, restraints, and also market chances.
The analysis covers Tennis Market and its advancements across different industry verticals and regions. It targets estimating the current market size and growth potential of the global Tennis Market across sections such as also applications and representatives.
Additionally, the analysis also has a comprehensive review of the crucial players in the Tennis Market together side their company profiles, SWOT analysis, latest advancements, and business plans.
The analysis objectives of the report are:
- To equitably share in-depth info regarding the crucial elements impacting the increase of industry (growth capacity, chances, drivers, and industry-specific challenges and risks).
- To know the Tennis Market by pinpointing its many subsegments.
- To profile the important players and analyze their growth plans.
- To endeavor the amount and value of Tennis sub-markets, depending on key regions (various vital states).
- To analyze the Tennis Market concerning growth trends, prospects, and also their participation in the entire sector.
- To examine and study the Tennis Market size (volume & value) from the company, essential regions/countries, products and applications, background information from 2012 to 2018, and also prediction to 2028.
- Primary worldwide Tennis Market manufacturing companies, to specify, clarify and analyze the product sales amount, value and market share, market rivalry landscape, SWOT analysis, and development plans for next the coming years.
- To examine competitive progress such as expansions, arrangements, new product launches, and acquisitions on the market.
For the Tennis Market research study, the following years have been considered to estimate the market size:
Attribute Report Details Market Size in 2022
USD 545.8 Mn
Growth Rate
2.4%
Forecast Value in 2032
USD 691.9 Mn
Historical Years
2016-2020
Base Year
2021
Estimated Year
2022
Short Term Projection Year
2028
Projected Year
2023
Long Term Projection Year
2032
Report Coverage
Competitive Landscape, Revenue analysis, Company Share Analysis, Manufacturers Analysis, Volume by Manufacturers, Key Segments, Key company analysis, Market Trends, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis, strategy for existing players to grab maximum market share, and more.
Regional Scope
North America, Europe, Asia-Pacific, South America, Middle East & Africa
Country Scope
United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa
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- Wilson
- Head
- Babolat
- Dunlop
- Yonex
- Prince
- Tecnifibre
- Slazenger
- Teloon
- ProKennex
- Qiangli
- Gamma
- Volkl
- Pacific
- Bonny
- Solinco
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