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Control Racquets Market is Attribute to Reach US$ 437 Million Revenues by 2030

07-26-2021 12:53 PM CET | Sports

Press release from: Fact.MR

Tennis Racquet Market

Tennis Racquet Market

The market for tennis racquets is gaining in popularity all over the world due to the rising health awareness amongst the people. People want to stay healthy and fit and in order to achieve this goal, they are inclined to take up sports like tennis, which helps them in attaining their health and fitness goals.

The Demand analysis of Tennis Racquet Market offers a comprehensive analysis of diverse features, demand, product developments, revenue generation, and sales of Tennis Racquet Market across the globe.

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The analysts have used numerous industry-wide prominent business intelligence tools to consolidate facts, figures, and market data into revenue estimations and projections in the Market Insights of Tennis Racquet.

Key stakeholders in Market including industry players, policymakers, and investors in various countries have been continuously realigning their strategies and approaches to implement them in order to tap into new opportunities.
The Market survey of Tennis Racquet offers a comprehensive analysis of diverse features, including production capacities analysis of Tennis Racquet, demand, product developments, revenue generation, and Size of Tennis Racquet Market across the globe.

Tennis Racquet Market Segmentation
Fact.MR has studied the tennis racquet market with detailed segmentation on the basis of type, string pattern, head size, sales channel, and region.

Type

Power Racquets
Control Racquets
Tweener Racquets
String Pattern

Open String Pattern
Tight or Closed String Pattern
Head Size

Midsize
Mid Plus
Oversize
Super Oversize
Sales Channel

Independent Sport Outlets
Franchised Sport Outlets
Modern Retail
Online Retail
Region

North America
Latin America
Europe
East Asia
South Asia and Oceania
MEA

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4 Forecast Highlights on Tennis Racquet Market

As per the forecast of Fact.MR, the control tennis racquet segment is slated to touch a value of nearly US$ 96 Mn in the year 2022. This represents a sluggish CAGR growth during the assessment period of 2017-2022. The control tennis racquet segment is estimated to account for more than one-fifth of the revenue share of the racquet type segment by the year 2017 end and is expected to lose in market share by the year 2022 end.

As per the forecast of Fact.MR, the 27 inch tennis racquet segment will reach a value of nearly US$ 270 Mn in the year 2017. This represents a moderate CAGR growth during the forecast period. The 27 inch tennis racquet segment is estimated to account for more than three-fourths of the revenue share of the racquet length segment in the year 2017 end and is expected to gain market share by the end of the year 2022.

As per the forecast of Fact.MR, the independent sports outlet segment is slated to reach a value of nearly US$ 50 Mn in 2022. The independent sports outlet segment is expected to lose some market value by the end of the year 2022. The largest share is contributed by the North America region in the independent sports outlet segment.

Fact.MR forecasts the US tennis racquet market to grow from nearly US$ 80 Mn in 2017 to nearly US$ 105 Mn in 2022. This represents a compound annual growth rate (CAGR) of 4.9% from 2017 to 2022.

How Fact.MR Assists in Making Strategic Moves For Tennis Racquet Market Manufacturer?
The data provided in the Tennis Racquet market report offers comprehensive analysis of important industry trends. Industry players can use this data to strategize their potential business moves and gain remarkable revenues in the upcoming period.
The report covers the price trend analysis and value chain analysis along with analysis of diverse offering by market players. The main motive of this report is to assist enterprises to make data-driven decisions and strategize their business moves.

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After reading the Market insights of Tennis Racquet Report, readers can:
• Understand the drivers, restraints, opportunities and trends affecting the Sales of market.
• Analyze key regions holding significant share of total Tennis Racquet market revenue.
• Study the growth outlook of Tennis Racquet market scenario, including production, consumption, history and forecast.
• Learn consumption pattern and impact of each end use & supply side analysis of Tennis Racquet market.
• Investigate the recent R&D projects performed by each market player & competitive analysis of Tennis Racquet Market Players.

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