tennis industry report

Years in Business Since 1971, IBISWorld has provided trusted industry research to help companies and institutions of all sizes make better . The Global Badminton and Tennis market is anticipated to rise at a considerable rate during the forecast period. Read More In 2021, these trends continue, in some cases accelerating, or taking interesting new turns. Tennis Industry compound annual growth rate (CAGR) will be XX% from 2023 till 2030.". The tennis racquet was designed by the company in collaboration with champion Naomi Osaka. next >, Receive bi-weekly email alerts on new research. Yes. Request for your Free Sample Pages. The increasing adoption of tennis racquets, balls, and other equipment by professional players, along with the increasing number of tennis tournaments across the globe, is expected to drive the industry. Whereas, unpredictable and severe weather conditions due to global warming and other environmental conditions are the key factors that are expected to hinder the growth of the sporting goods market. The increasing popularity of tennis and the growing preference for sports activities are some key factors expected to drive the global market over the forecast period. LPI (LP Information)' newest research report, the Takaful Industry Forecast looks at past sales and Read More, < prev liability for the information given being complete or correct. The offline segment held the largest revenue share of over 75.0% in 2021. Current Displayed TOC is for the Single User License Report Edition. One of the major trends observed in the market is the use of information technology for direct promotion or marketing. Global Badminton and Tennis Scope and Segment Badminton and Tennis market is segmented by Type and by Application. The report provides an in-depth evaluation of the Tennis Products such as enabling technology, key trends, market drivers, difficulties, standardization, regulatory scenery, deployment. b. What has been the impact of COVID-19 on the Tennis market? It can be seen that most tennis equipment manufacturers, such as Nike and Wilson Sporting Good, have turned their attention to obtaining sales of tennis equipment through online channels such as the company's official e-commerce website and third parties. The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. Multi or Team User License (PDF + Excel + PPT): Restricted Access upto 10 persons/users (disclosed identity) with no permission to print or share report. Tennis requires a variety of equipment, but the racket and ball are most essential. If applicable; On Request Volume Data will also be provided (at an Additional Cost). The State of the Tennis Industry Report has been developed to provide a synthesis of the various studies & surveys conducted by the Tennis Industry Association. 7 The top players in the market have been incorporating multiple strategies to increase their brand presence in the field. The global tennis equipment market size was valued at USD 3.77 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 2.2% from 2022 to 2030. Final Report will add the analysis of the impact of COVID-19 on this industry. With Table Tennis Product sales broken down by region, market sector and sub-sector, this report provides a Read More, a comprehensive analysis by region and market sector of projected Tennis Shock Vibrator sales for 2023 through 2029. Access/Request the quantitative data to understand the trends and dominating segment of Tennis Industry. 6 We not only deliver the published report but only provide customized data on request to make your customized report edition (Exclusively Delivered and not shared on the website/Other Clients). Who are the Leading Players in Badminton and Tennis Market? To define the scope which will further help in creating new products that will surpass the gap between current offerings and customers needs. Based on present and future trends, the market size is estimated from 2018 to 2030. Initially composed of wood and gut string, modernized tennis rackets are created from lighter, stronger metals (such as titanium), and strung with synthetic cords. Region and country analysis section of Tennis Industry Analysis has been segmented into 5 major region such as North America, Europe, Asia Pacific, Middle East & Africa ,and Latin America (along with respective major contributing countries) and provides the revenue share, current trends. The global tennis industry study report presents a strategic plan to enhance market circumstances for existing industry participants based on all of these conclusions. The popularity of the sport in the region, coupled with strong government support to increase participation in youth tennis, is likely to propel market growth over the forecast period. 4 Press Release Distributed by The Express Wire, To view the original version on The Express Wire visit Badminton and Tennis Market 2023 Global Report Insights 2030, COMTEX_429987273/2598/2023-04-24T00:23:20. ), Asia-Pacific (China, Japan, Korea, India, Australia, Southeast Asia, etc. Badminton and Tennis Industry compound annual growth rate (CAGR) will be XX% from 2023 till 2030." Cognitive Market Research has recently published the 7th edition of Badminton and Tennis Market Report 2023. Tennis Market Restraints: Restraints are the negative factors which hinder the market growth and development in the near future. industry report? The growing popularity of smartphone users has boosted the growth of e-commerce globally. The Professional Tennis Players segment is expected to expand at the significant CAGR retaining position throughout the forecast period. This chapter helps you understand the Market Drivers, Market Restrain, Market Opportunity and Trends by each segment. "The quality of research they have done for us has been excellent.". Which region is expected to hold the highest market share in the Tennis market? There are many different sources of market data, including government statistics, industry reports, financial news, and market research firms. Which segments are covered under Tennis market segments analysis? Averages and Top Companies Within Its Industry, and Revenue Forecasts to 2029, NAIC 713000 Vital industry-specific data including metrics, benchmarks, historic numbers, growth rates and forecasts that will save countless hours of research. This article and the published report content provide majorly two types of information qualitative and quantitative. The global Commercial Tennis Machine market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2029, witnessing a CAGR of % during the forecast period 2023-2029. This segment of the report provides in-depth and pertinent information on every foremost player in the market through both primary and secondary research. With Table Tennis Sportswear sales broken down by region, market sector and sub-sector, this report provides a Read More, Mar 02, 2023|Published by: LP Information, Inc.|USD 3,660, a comprehensive analysis by region and market sector of projected Table Tennis Racket sales for 2023 through 2029. LPI (LP Information)' newest research report, the Tennis Racquets Industry Forecast looks Read More, a comprehensive analysis by region and market sector of projected Table Tennis Product sales for 2023 through 2029. Key Findings: Read More, Feb 09, 2023|Published by: TechNavio|USD 2,500, a CAGR of 6.51% during the forecast period. For instance, cardio tennis is a high-energy fitness activity that combines the best features of tennis with a cardiovascular workout. To help in revealing significant clues concerning buying habits, regional culture, lifestyle, and population density that plays an integral role in shaping market behavior. Besides, profiling includes the companys investment in research and development activities. Visit a quote page and your recently viewed tickers will be displayed here. Copyright 2023 Grand View Research, Inc. All rights reserved. The executive summary is an overview of a Tennis Market Report. In this chapter we have summarized the overall report data in snapshot format. https://www.360marketupdates.com/enquiry/request-sample/20275622. 2023 Cognitive Market Research. Also, the 24*7 chat support & direct call services are provided to procure the sample report. It provides a full-body, calorie-burning cardio workout. This is attributable to the popularity of the tennis sport in the region coupled with government support to conduct the tournaments and athletes' preparations. The global tennis racquet market size was valued at USD 351.8 million in 2018. This news follows a Physical Activity Council (PAC) report from earlier this year that detailed the increase in tennis participation across the country in 2020, continuing a trend of positive growth for grassroots tennis in the U.S. Student User License (PDF File): This license allows student to gain the access of the report at an exceptionally discointed price, Company profiles, Company Market Share will not be the part of deliverable report (Since this a confidential data hence respective chapters will not be shared with student/s and respective user license selection). Tennis saw a significant increase in participation, as people turned to our sport as a safe way to stay active and healthy during the pandemic, said Mike Dowse, CEO and Executive Director, USTA. Included in the TIA's most recent report is data for the first half of 2021, with comparisons to the same time period in 2020. The USTA reports that entry-level racket sales are up more than 40% year over year. Further, it provides which sub-segment is dominating the Tennis market along with its reason. It helps to understand unmet needs or an untapped potential in the market. The offline segment can be classified into hypermarkets/supermarkets, specialty/sports shops, and other distribution channels. Complimentary 10 hours free analyst time for market review, 3. Wholesale sales of tennis equipment in the U.S. 2007-2021, Most popular active and former men's tennis players in the U.S. 2022, Tennis players with the most Twitter followers 2018, Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Quarterly smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q3 2022. In 2016, interest in the tennis industry grew by 0.6%, with over 18 million players in the U.S. reporting that they played the game. Get a Sample Copy of the Badminton and Tennis Report 2023. The following additional data and delivery depend on Data Availability, Client's Data Request, Additional Charges Applied, etc. Request Any Company Profile for Preview Purpose OR Data Validation! Tennis Market Report 2023 (Global Edition) Table of Content differs according to the user License selection. without any additional cost), Single User License (PDF File): The purchase of a 'Single User License' grants access to a specific report for one person only and must not be shared with other employees within the same company. On the other hand, certain associations set global standards for the manufacture of tennis equipment, which hampers the growth of tennis equipment up to a certain extent. Apr 28, 2023 (The Expresswire) -- Market Overview: This Tennis Strings Market Research Report offers a thorough examination and insights into the market's size, shares, revenues, various. Additionally, the ease of purchase and checkout processes of online retailers, including Amazon and Walmart, are expected to expand the reach of e-commerce as a sales medium. 6. data than referenced in the text. Corporate User License (PDF + Excel + PPT + Cloud): Unlimited Access across organization with free print access and quarterly updates. 2 This report is a detailed and comprehensive analysis of the world market for Multifilament Tennis String, Read More, Feb 22, 2023|Published by: GlobalInfoResearch|USD 3,480, million in 2022 and is forecast to a readjusted size of USD million by 2029 with a CAGR of % during review period. Frequently Asked QuestionsHow much is the global Water Desalination Plants Market worth?How much is the global Drayage Services Market worth?What are the types of Disposable E-Cigaretes?What is the structure of the global Sleep and Respiratory Care Devices market and who are the key players?Which region dominates the global Global Sports Socks market?Which region dominates the global High Altitude Long Endurance (Pseudo Satellite) Platform market?What are the various stages in the value chain of the Metal Oxide Nanopowders industry?Which Organic Metal Industry dynamics affect the business?Which Statistics Software Industry dynamics affect the business?What is the breakup of the Skin Care market based on the material?What is the scope of the Direct Industry report? Particular segment of your interest can be provided without any additional cost. Tennis Centers, Golf Courses, Ski Resorts) and Gambling Establishments (but not Casino Hotels or Race Tracks) (U.S.): Analytics, Extensive Financial Benchmarks, Metrics and Revenue For, US Tennis Apparel, Footwear, and Accessories Market 2023-2027, Global Table Tennis Equipment Market Growth 2023-2029, Coronavirus Disposable Medical Gloves Market Size, Impact of COVID-19 on Hand Sanitizer Market. In the United States (U.S.) approximately 345 thousand students played tennis in high school as of 2020, of which a slightly higher share was female and approximately 22.62 million participated. online dashboard trial. This chart does not depict actual Market share. The influence of COVID-19 and the Netherlands-Ukraine War were considered while estimating market sizes. WHITE PLAINS, N.Y., February 11, 2021 - The USTA announced that tennis participation increased by 22% in 2020, with 21.64 million people hitting the courts according to recent data from the Physical Activity Council's Participation (PAC) report produced by Sports Marketing Surveys. This will help you to understand the major factors impacting Tennis market trends and develop your business strategy accordingly. Europe held the second-largest revenue share in 2021. What are the factors driving the tennis equipment market. USA: (+1) 312-376-8303 for the United States, Canada, Mexico, Germany, France, United Kingdom, Russia, Italy, China, Japan, Korea, India, Southeast Asia, Australia, Brazil, Saudi Arabia, etc. For instance, in January 2022, a tennis racquet bag brand, Geau Sport announced the addition of three new bags to its lineup. "Global Tennis market size 2022 was XX Million. While the COVID-19 pandemic continues to impact global business, the sports industry has managed to return to pre-COVID-19 growth levels amid a difficult economic environment. With Tennis Court Service sales broken down by region, market sector and sub-sector, this Read More, Feb 22, 2023|Published by: GlobalInfoResearch|USD 4,480, the forecast period (2023-2029). This report has studied the . The report found that those who regularly participated in racquet sports were the least likely to die. Furthermore, the availability of counterfeit products, along with the high cost of some sporting goods, is expected to further restrain the growth of the market over the forecast period. According to a market report published by Future Market Insights, the global sales value of tennis equipment is likely to reach US$ 9 Bn in 2022. (Tennis Industry Association) #2. $500 referral bonus for referring new employees to The La Jolla Beach & Tennis Club. 35 E Wacker Dr, Suite 850Chicago, IL 60601-2106 Pearson shares skid after ChatGPT warning from Chegg, High Altitude Long Endurance (Pseudo Satellite) Platform, Badminton and Tennis Market 2023 Global Report Insights 2030, RBA resumes interest-rate increases, despite signs of inflation peak, Hollywood writers go on strike, saying they face existential crisis, Students are turning to ChatGPT for study help, and Chegg stock plummets more than 30%, These 3 industries could be completely disrupted by data analytics. Even compared to 2019, sales in 2021 are up more than 10%. The main parts of a tennis racket are the head, beam, shaft, grip, butt cap, and strings. With many still working from home, the athleisure trend has grown further, reflecting a new attitude towards sports. Explore purchase options. Further, the report helps to analyze overall marketing needs of customers, and avoid business failures.

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