Press release
Global Tennis Racquet Sales Market will reach 340 million US$ by the end of 2025
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Tennis Racquet is a sports implement consisting of a handled frame with an open hoop across which a network of strings or catgut is stretched tightly. It is used for striking tennis in game. The main parts of a tennis racket are the head, beam, shaft, grip, butt cap, and strings.
North America is the leading market in terms of volume and value, closely followed by Europe and Asia. The world tennis market is dominated by Wilson, Babolat, Prince, Head, YONEX, Tecnifibre, Dunlop, Volkl, Slazenger, TELOON, ProKennex, PowerAngle, Gamma, PACIFIC, Qiangli, Solinco, One Strings, and Bonny.
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The world tennis-racquet market breaks down into two large families: aluminum racquets, which are sturdy and cheap for a beginner or for purely recreational tennis. This market segment is handled more especially by the large sport superstores; lightweight, high-performance graphite racquets for dedicated players, in or out of competition. This customer base is “courted” by the sector’s specialty stores.
In the overall market, an estimated seven million racquets or so are sold per year the world over. About 77.32% of these are in graphite and 9.10% in aluminum in 2015.
The global Tennis Racquet market is valued at 330 million US$ in 2017 and will reach 340 million US$ by the end of 2025, growing at a CAGR of 0.5% during 2018-2025.
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The major players covered in this report
Wilson
Babolat
Prince
Head
YONEX
Tecnifibre
Dunlop
Volkl
Slazenger
TELOON
ProKennex
PowerAngle
Gamma
PACIFIC
Qiangli
Solinco
One Strings
Bonny
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