Tennis Racquets Market to Grow with a CAGR of 8.96% through 2029

The global tennis racquets market is growing rapidly, driven by increasing popularity of tennis as a recreational sport and the expansion of tennis infrastructure and facilities are key market trends.

According to TechSci Research report, “Tennis Racquets Market - Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029F”, the global tennis racquets market stood at USD 543.38 million in 2023 and is anticipated to grow with a CAGR 8.96% through 2029. 

The accessibility of tennis racquets through a variety of retail channels, both physical stores and online platforms, contributes significantly to market expansion. Sports retail chains, specialty stores, and e-commerce platforms serve as convenient avenues for consumers to explore and purchase a wide range of racquets. The global reach of e-commerce, in particular, has democratized access to tennis equipment, enabling enthusiasts from diverse geographical locations to explore and purchase racquets from renowned brands. These retail channels not only offer convenience but also provide valuable information and customer reviews, aiding potential buyers in making informed decisions. Additionally, the presence of promotional events, discounts, and bundled offerings on online platforms enhances the affordability and attractiveness of tennis racquets. The retail landscape plays a pivotal role in shaping consumer perceptions and preferences, as the in-store experience allows players to test and feel the racquets before making a purchase. Furthermore, the digitalization of the retail experience through virtual consultations, online tutorials, and interactive product showcases enhances the overall consumer journey.

As sustainability becomes a focal point across industries, the tennis racquets market faces the challenge of addressing environmental concerns associated with manufacturing processes and material choices. The use of advanced materials, including composites and polymers, may have environmental implications in terms of resource extraction, energy consumption, and waste generation. Consumers are increasingly conscious of the environmental impact of their purchasing decisions, leading to a demand for more sustainable and eco-friendly products. Manufacturers must grapple with the challenge of adopting environmentally responsible practices in both the production and disposal of tennis racquets. This challenge extends to the development of recyclable or biodegradable materials, exploring sustainable manufacturing processes, and addressing the carbon footprint associated with the production and distribution of tennis racquets. Embracing environmental sustainability is not only a response to consumer expectations but also a proactive step towards ensuring the long-term viability of the tennis industry in a world increasingly focused on ecological considerations.

Browse over XX market data Figures spread through XX Pages and an in-depth TOC on "Global Tennis Racquets Market” 

The global Tennis Racquets market is segmented into product type, end user, sales channel, regional distribution, and company.

Based on sales channel, Online sales have emerged as the rapidly growing segment in the tennis racquets market, reflecting a shift in consumer behavior towards digital commerce. The convenience, extensive product information, and competitive pricing offered by online platforms contribute to their increasing dominance. Tennis enthusiasts now prefer the ease of exploring and purchasing racquets through e-commerce channels, facilitated by user-friendly interfaces and the ability to access a broad range of brands and models. This trend not only aligns with the broader e-commerce boom but also signifies a transformative change in how consumers prefer to shop for sports equipment, emphasizing accessibility and a seamless online purchasing experience.

Major companies operating in global tennis racquets market are:

• Amer Sports Corporation  
• YONEX Co., Ltd.
• KC Kinetic Solutions, LLC (ProKennex)
• Tecnifibre SA 
• Roger Cleveland Golf Company, Inc. 
• Babolat VS S.A.
• KC Kinetic Solutions, LLC 
• PowerAngle LLC. 
• Head Sport GmbH
• Authentic Brands Group, LLC

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“The rise of e-commerce is reshaping the distribution and retail aspects of the tennis racquets market. Online platforms provide consumers with a vast array of options, reviews, and comparative information, enabling them to make informed decisions from the comfort of their homes. This trend is particularly relevant in the context of the ongoing global shift towards digitalization and the convenience it offers. Moreover, some manufacturers are embracing direct-to-consumer (DTC) models, bypassing traditional retail channels and selling their products directly to customers. This approach allows brands to establish a closer relationship with their consumer base, gather valuable feedback, and respond more swiftly to market trends. The convenience of online purchasing, coupled with the ability to customize racquets and access exclusive models, contributes to the growing dominance of e-commerce in the tennis racquets market. Brands that successfully navigate and capitalize on this trend are likely to thrive in the evolving retail landscape.”, said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

“Tennis Racquets Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Product Type (Power Racquets, Control Racquets, Tweener Racquets), By End User (Core Player, Amateur), By Sales Channel (Specialty Stores, Sports Goods Stores, Online, Others) By Region & Competition, 2019-2029F”, has evaluated the future growth potential of global tennis racquets market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Tennis Racquets Market.

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