Badminton Racquets Market Study for 2022 to 2030 providing information on Key Players, Growth Drivers and Industry challenges

It is estimated for the global badminton racquets market to witness a growth at a massive CAGR of 6.9% during the forecast period of 2022 to 2030. The market witnessed the growth at a healthy CAGR even during the previous forecast period. Rising awareness towards the sport and conducting of increased number of badminton events to drive the growth of the market during the forecast period.

It is estimated for the global badminton racquets market to witness a growth at a massive CAGR of 6.9% during the forecast period of 2022 to 2030.
Conducting an increased number of badminton events around the globe is estimated to boost the growth of the market during the forecast period.
Also, rising sporting awareness around the globe especially in the developing economies of the countries of the Asia Pacific region is boosting the growth of the market during the forecast period.

Key Market Trends

Apart from this, the rise in social media platforms has also been creating awareness about the sport thus leading to people learning and adapting to the sport in an increased manner. This factor is estimated to boost the growth of the market during the forecast period.

The market witnessed growth at a healthy CAGR even during the previous forecast period. Rising awareness of the sport and conducting an increased number of badminton events to drive the growth of the market during the forecast period.

The increasing number of youngsters are taking part in different sports all around the globe and this awareness of the youngsters towards the world of sports is also one of the major factors to boost the growth of the market.

However, the expensive infrastructure that is required for the playing of this indoor game is likely to hamper the growth of the market during the forecast period. However government investments, sportsmen starting their sporting clubs and the rising disposable income of the people are estimated to drive the market during the forecast period.

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Segmental Analysis of the Market
By Product Type
• Carbon
• Carbon Alloy
• Others
It is estimated for the carbon alloy category to drive the growth of the market during the forecast period.

By End Use Type
• Men
• Women
It is estimated for the men category to drive the growth of the market during the forecast period.
Asia Pacific region to drive the growth of the market during the forecast period

Owing to the major badminton playing countries like China, India and Japan it is estimated for the Asia Pacific region to drive the growth of the market during the forecast period. The other regions for the market include North America, Europe and MEA. The region of Europe is estimated to follow the growth track of Asia Pacific region during the forecast period.

Competitive Landscape
Some of the prominent companies operating in the market are
• VICTOR
• Apacs Sports
• Yonex
• RSL
• KAWASAKI
• Babolat
• Silver Sports India
• Carlton Sports
• Lining
• COSCO India Ltd.
• GOSEN
• Wilson Sporting Goods

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