openPR Logo
Press release

Global Tennis Racquet Market Projected to Discern Stable Expansion During 2017 to 2022| ASICS Corporation, Yonex Co. Ltd., Dunlop Sports Group Americas, Authentic Brands Group LLC, Head N.V., Babolat VS. SA.

11-13-2018 09:14 AM CET | Sports

Press release from: Fact.MR

Global Tennis Racquet Market Projected to Discern Stable

The market for tennis racquets is growing at a steady pace the world over. The reasons for this are a growing health awareness amongst people for staying healthy and fit and playing sports like tennis fulfils this goal. Moreover, tennis is gaining a huge popularity amongst people all over the world, especially in the elderly segment of the population, as it helps in maintaining health and fitness. In the lucrative market of the United States, the market of tennis racquets is gaining ground due to a rising number of players playing tennis. However, the main challenge is to retain players for playing the game continuously, as a significant number of players quit the game after a point of time. In addition, high training costs associated with tennis acts as a restraint to the growth of tennis, and thereby hinders the growth of the Tennis Racquet Market.

Request 100 Page Sample Report Now - https://www.factmr.com/connectus/sample?flag=S&rep_id=238

A tennis racquet is a lightweight implement that includes netting (such as nylon) stretched in a usually oval open frame with a handle attached to it and that is used for striking the tennis ball.

This FactMR report on the global tennis racquet market forecasts that the global tennis racquet market will touch a value of nearly US$ 437 Mn in the year 2022 and grow at a moderate CAGR during the assessment period.

North America Market Set to Dominate the Global Tennis Racquet Market in Terms of Revenue

The market in North America is set to dominate the global tennis racquet market in terms of value and this trend is projected to sustain itself throughout the assessment period. North America tennis racquet market is the most attractive market, growing at a steady CAGR over the assessment period.

Power Tennis Racquet Segment Poised to Touch a Value of Nearly US$ 250 Mn in 2022

As per the forecast of Fact.MR, the power tennis racquet segment is expected to reach a value of nearly US$ 250 Mn in the year 2022. This represents a steady CAGR during the forecast period of 2017-2022. Power tennis racquet segment is expected to account for more than half of the revenue share of the racquet type segment by the year 2017 and is expected to gain market share by the end of the year 2022.  

FactMR's study on Market is comprehensive - 170 pages, 236 tables, and 78 figures - https://www.factmr.com/report/238/tennis-racquet-market

Less than 27 Inch Segment to exhibit a CAGR of 4.2% During the Assessment Period

As per the forecast of Fact.MR, the less than 27 inch segment is slated to touch a figure of nearly US$ 31 Mn in the year 2022. This represents a CAGR of 4.2% during the assessment period from 2017 till the year 2022. This segment is expected to lose market share by the end of the year 2022. The less than 27 inch segment is expected to account for nearly one-tenth of the revenue share of the racquet length segment by the year 2017.

Competition Tracking

The report also profiles companies that are expected to remain active in the expansion of global tennis racquet market through 2022, which include ASICS Corporation, Yonex Co. Ltd., Dunlop Sports Group Americas, Inc., Authentic Brands Group, LLC, Head N.V. and Babolat VS. SA.

For Further Insights and Segment-Specific Information, Contact a Market Analyst at: https://www.factmr.com/connectus/sample?flag=AE&rep_id=238

About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market insights reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us
Fact.MR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: https://www.factmr.com/
Blog: https://factmrblog.com/
Read Industry News at - https://www.industrynewsanalysis.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Tennis Racquet Market Projected to Discern Stable Expansion During 2017 to 2022| ASICS Corporation, Yonex Co. Ltd., Dunlop Sports Group Americas, Authentic Brands Group LLC, Head N.V., Babolat VS. SA. here

News-ID: 1364245 • Views:

More Releases from Fact.MR

Cloud Computing Market to Grow at 15% CAGR from 2022-2032
Cloud Computing Market to Grow at 15% CAGR from 2022-2032
The global cloud computing market is expected to be worth $1,949 billion by 2032, with a compound annual growth rate (CAGR) of 15% between 2022 and 2032. This trend is being driven by the fast digitalization of workplaces and the growing demand for Software as a Service (SaaS) solutions, which are extending the industry's prospects. The global rise of the cloud computing industry is being driven by the growing adoption of
Global Instant Coffee Market Forecasted to Reach $69.2 Billion by 2033
03-28-2024 | Food & Beverage
Fact.MR
Global Instant Coffee Market Forecasted to Reach $69.2 Billion by 2033
The global instant coffee market is expected to grow rapidly, with a compound annual growth rate (CAGR) of 5% between 2023 and 2033. According to Fact.MR, a prominent provider of market research and competitive information, global demand for instant coffee is predicted to increase, reaching US$ 69.2 billion by the end of 2033. Instant coffee is a quick and practical alternative, requiring just the addition of an instant coffee sachet to
Ice Skating Equipment Market worth is poised to reach US$ 1478 Billion in 2033
03-28-2024 | Sports
Fact.MR
Ice Skating Equipment Market worth is poised to reach US$ 1478 Billion in 2033
The global ice skating equipment market garnered a market value of US$ 6.87 Billion in 2022 and is expected to accumulate a market value of US$ 16.26 Billion by registering a CAGR of 9% in the forecast period 2023-2033. Ice skating is a popular activity observed in numerous snow-clad regions around the world, serving various purposes including exercise, leisure, and excitement. This recreational pursuit can occur in specially prepared ice arenas
Global Barcode Software Market is predicted to be valued at US$ 1.4 Billion by 2032
Global Barcode Software Market is predicted to be valued at US$ 1.4 Billion by 2 …
The barcode software market is predicted to grow at a moderate CAGR of 6.3% over the forecast period of 2022 to 2032. The barcode software market is estimated to achieve a net worth of about US$ 1.4 Billion in the year 2032, improving from US$ 694.9 Million recorded in 2021. For more insights into the Market, Get A Sample of this Report! https://www.factmr.com/connectus/sample?flag=S&rep_id=7368 The barcode software market emerges as a crucial enabler of

All 5 Releases


More Releases for Tennis

09-01-2021 | Sports
Best Stringing
USPTA Tennis Instructor Certification and Official Tennis Advocacy.
Best Stringing is a premier tennis coaching and racket stringing service in New York offering individual and group tennis lessons, for all ages. Best Stringing is pleased to announce that our founder Victor Shamanovsky has successfully completed all requirements necessary for the rating of Level 1 - Tennis Instructor. Best Stringing would like to thank all of the wonderful people at (USPTA) United States Professional Tennis Association and (USTA) United States
Rising Demand of Tennis Products Global Market Analysis by Types Like Racquet, A …
The report provides an in-depth evaluation of the Tennis Products such as enabling technology, key trends, market drivers, difficulties, standardization, regulatory scenery, deployment models, operator case studies, opportunities, upcoming roadmap, value chain, ecosystem player profiles and techniques. The report also presents estimations for Tennis Products opportunities from 2019 to 2025. Tennis Products Market Report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The
Global Tennis Racquet Market: By Application - Professional Tennis Players, Adul …
Researchmoz added Most up-to-date research on "Global Tennis Racquet Market: By Application - Professional Tennis Players, Adult Tennis Enthusiasts and Junior Tennis Enthusiasts" to its huge collection of research reports. This report studies Tennis Racquet in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022. This report focuses on top
Global Tennis Ball Machine Market 2017 - Lobster Sports, Spinshot Player, Match …
In this report, the global Tennis Ball Machine market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Geographically, this report split global into several key Regions, with sales (K Units), revenue (Million USD), market share and growth rate of Tennis Ball Machine for these regions, from 2012 to
Global Tennis Market By Tennis Classification, By Player Age Group And Forecast …
"The Latest Research Report Global Tennis Detailed Analysis Report 2017-2022 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz" About Tennis Market This report mainly introduces volume and value market share by players, by regions, by product type, by consumers and also their price change details. As a Detailed Analysis report, it covers all details inside analysis and opinion in Tennis industry. This report splits
Tennis Apparel Market Size 2017 Adidas, Fila, Nike, ASICS, Babolat, DUC, Little …
Tennis Apparel Market Research Report A market study ” Global Tennis Apparel Market ” examines the performance of the Tennis Apparel market Size 2017. It encloses an in-depth Research of the Tennis Apparel market state and the competitive landscape globally. This report analyzes the potential of Tennis Apparel market in the present and the future prospects from various angles in detail. The Global Tennis Apparel Market 2017 report includes Tennis Apparel