Tennis Racquet Market Size, Share & Trends Analysis Report By Raw Material (Carbon Fiber, Aluminum), By Application (Core Player, Amateur), By Distribution Channel, By Region, And Segment Forecasts, 2019 - 2025

Published: Jun, 2019 | Pages: 80 | Publisher: Grand View Research
Industry: Consumer Goods | Report Format: Electronic (PDF)

The global tennis racquet market size is expected to reach USD 419.9 million by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 2.6% over the forecast period. Rising importance of sports in maintaining body metabolism and improving muscular strength is expected to promote the use of tennis among health conscious adults. In addition, rising popularity of cardio tennis in developed countries including U.S., Germany, and France is projected to remain a key factor in the near future.

Carbon fiber accounted for more than 75.0% share of the global revenue in 2018. Features including lightweight, high strength, and high stiffness are fueling the demand for the product among core players as well as amateur. Producers also find it more convenient than wood, steel or aluminum based product, as carbon fiber allows to distribute stiffness as per the customized requirements.

Core players are expected to reach USD 240.2 million by the end of 2025. Increasing number of professional lawn tennis tournaments in countries including Indonesia, India, and Australia as a result of increasing funding of domestic sports authorities to provide the exposure of international medium to the national youth players is expected to open new avenues for the core players in the near future.

In April 2015, ABG-PRINCE OPCO, LLC has launched a new product line of TeXtreme carbon fiber material. This product is 20% lighter, along with better stiffness. It is available in different frames including Tour 100T, Tour 95, Warrior 107T, and Warrior 107. Similarly, in November 2018, Babolat partnered with Chomarat, a supplier of multiaxial carbon. Babolat will be using Chomarat's C-PLY Hexagonal for the production of its Pure Aero racket.

Key competitors of the tennis racquets industry include Amer Sports, YONEX Co., Ltd., Dunlop Sports, Babolat, Head N.V., ASI LLC, Tecnifibre, GAMMA Sports, Pacific Holdings Limited, ProKennex, Slazenger, ABG-PRINCE OPCO, LLC, Solinco, and PowerAngle LLC. 

Further key findings from the study suggest:

• North America held the largest share of 35.9% both in terms of revenue as well as volume in 2018

• Asia Pacific is expected to expand at the fastest CAGR of 5.5% in terms of revenue from 2019 to 2025

• By raw material, aluminum is expected to reach USD 40.9 million by the end of 2025

• By application, the amateur segment in tennis racquets market is expected to expand at a volume-based CAGR of 2.1% from 2019 to 2025

• Offline channels are expected to reach more than USD 295.0 million by the end of 2025

 Table of Contents

Chapter 1. Methodology and Scope
                    1.1. Market Segmentation & Scope
                    1.2. Market Definition
                    1.3. Information Procurement
                        1.3.1. Purchased Database
                        1.3.2. GVR's Internal Database
                        1.3.3. Secondary Sources & Third-Party Perspectives
                        1.3.4. Primary Research
                    1.4. Information Analysis 
                        1.4.1. Data Analysis Models
                    1.5. Market Formulation & Data Visualization
                    1.6. Data Validation & Publishing
Chapter 2. Executive Summary
                    2.1. Market Outlook
                    2.2. Segmental Outlook
                    2.3. Competitive Insights
Chapter 3. Tennis Racquet Market Variables, Trends & Scope
                    3.1. Market Introduction
                    3.2. Penetration & Growth Prospect Mapping
                    3.3. Industry Value Chain Analysis
                        3.3.1. Sales/Retail Channel Analysis
                        3.3.2. Profit Margin Analysis
                    3.4. Market Dynamics
                        3.4.1. Market Driver Analysis
                        3.4.2. Market Restraint Analysis
                        3.4.3. Industry Challenges
                        3.4.4. Industry Opportunities
                    3.5. Business Environment Analysis
                        3.5.1. Industry Analysis - Porter's
                            3.5.1.1. Supplier Power
                            3.5.1.2. Buyer Power
                            3.5.1.3. Substitution Threat
                            3.5.1.4. Threat from New Entrant 
                            3.5.1.5. Competitive Rivalry
                    3.6. Roadmap of Tennis Racquet Market
                    3.7. Market Entry Strategies 
Chapter 4. Consumer Behavior Analysis
                    4.1. Consumer Trends and Preferences
                    4.2. Factors Affecting Buying Decision 
                    4.3. Consumer Raw material Adoption 
                    4.4. Observations & Recommendations
Chapter 5. Tennis Racquet Market: Raw Material Estimates & Trend Analysis
                    5.1. Raw Material Movement Analysis & Market Share, 2018 & 2025
                    5.2. Carbon fiber
                        5.2.1. Market estimates and forecast, 2015 - 2025 (Thousand Units) (USD Million)
                    5.3. Aluminum
                        5.3.1. Market estimates and forecast, 2015 - 2025 (Thousand Units) (USD Million)
                    5.4. Others
                        5.4.1. Market estimates and forecast, 2015 - 2025 (Thousand Units) (USD Million)
Chapter 6. Tennis Racquet Market: Application Estimates & Trend Analysis
                    6.1. Application Movement Analysis & Market Share, 2018 & 2025
                    6.2. Core player
                        6.2.1. Market estimates and forecast, 2015 - 2025 (Thousand Units) (USD Million)
                    6.3. Amateur
                        6.3.1. Market estimates and forecast, 2015 - 2025 (Thousand Units) (USD Million)
Chapter 7. Tennis Racquet Market: Distribution Channel Estimates & Trend Analysis
                    7.1. Distribution Channel Movement Analysis & Market Share, 2018 & 2025
                    7.2. Online
                        7.2.1. Market estimates and forecast, 2015 - 2025 (Thousand Units) (USD Million)
                    7.3. Offline
                        7.3.1. Market estimates and forecast, 2015 - 2025 (Thousand Units) (USD Million)
Chapter 8. Tennis Racquet Market: Regional Estimates & Trend Analysis
                    8.1. Regional Movement Analysis & Market Share, 2018 & 2025
                    8.2. North America
                        8.2.1. Market estimates and forecast, 2015 - 2025 (Thousand Units) (USD Million)
                        8.2.2. Market estimates and forecast, by raw material, 2015 - 2025 (Thousand Units) (USD Million)
                        8.2.3. Market estimates and forecast, by application, 2015 - 2025 (Thousand Units) (USD Million)
                        8.2.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (Thousand Units) (USD Million)
                        8.2.5. U.S.
                            8.2.5.1. Market estimates and forecast, 2015 - 2025 (Thousand Units) (USD Million)
                            8.2.5.2. Market estimates and forecast, by raw material, 2015 - 2025 (Thousand Units) (USD Million)
                            8.2.5.3. Market estimates and forecast, by application, 2015 - 2025 (Thousand Units) (USD Million)
                            8.2.5.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (Thousand Units) (USD Million)
                    8.3. Europe
                        8.3.1. Market estimates and forecast, 2015 - 2025 (Thousand Units) (USD Million)
                        8.3.2. Market estimates and forecast, by raw material, 2015 - 2025 (Thousand Units) (USD Million)
                        8.3.3. Market estimates and forecast, by application, 2015 - 2025 (Thousand Units) (USD Million)
                        8.3.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (Thousand Units) (USD Million)
                        8.3.5. Germany
                            8.3.5.1. Market estimates and forecast, 2015 - 2025 (Thousand Units) (USD Million)
                            8.3.5.2. Market estimates and forecast, by raw material, 2015 - 2025 (Thousand Units) (USD Million)
                            8.3.5.3. Market estimates and forecast, by application, 2015 - 2025 (Thousand Units) (USD Million)
                            8.3.5.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (Thousand Units) (USD Million)
                        8.3.6. France
                            8.3.6.1. Market estimates and forecast, 2015 - 2025 (Thousand Units) (USD Million)
                            8.3.6.2. Market estimates and forecast, by raw material, 2015 - 2025 (Thousand Units) (USD Million)
                            8.3.6.3. Market estimates and forecast, by application, 2015 - 2025 (Thousand Units) (USD Million)
                            8.3.6.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (Thousand Units) (USD Million)
                    8.4. Asia Pacific
                        8.4.1. Market estimates and forecast, 2015 - 2025 (Thousand Units) (USD Million)
                        8.4.2. Market estimates and forecast, by raw material, 2015 - 2025 (Thousand Units) (USD Million)
                        8.4.3. Market estimates and forecast, by application, 2015 - 2025 (Thousand Units) (USD Million)
                        8.4.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (Thousand Units) (USD Million)
                        8.4.5. China 
                            8.4.5.1. Market estimates and forecast, 2015 - 2025 (Thousand Units) (USD Million)
                            8.4.5.2. Market estimates and forecast, by raw material, 2015 - 2025 (Thousand Units) (USD Million)
                            8.4.5.3. Market estimates and forecast, by application, 2015 - 2025 (Thousand Units) (USD Million)
                            8.4.5.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (Thousand Units) (USD Million)
                        8.4.6. India
                            8.4.6.1. Market estimates and forecast, 2015 - 2025 (Thousand Units) (USD Million)
                            8.4.6.2. Market estimates and forecast, by raw material, 2015 - 2025 (Thousand Units) (USD Million)
                            8.4.6.3. Market estimates and forecast, by application, 2015 - 2025 (Thousand Units) (USD Million)
                            8.4.6.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (Thousand Units) (USD Million)
                    8.5. Central & South America
                        8.5.1. Market estimates and forecast, 2015 - 2025 (Thousand Units) (USD Million)
                        8.5.2. Market estimates and forecast, by raw material, 2015 - 2025 (Thousand Units) (USD Million)
                        8.5.3. Market estimates and forecast, by application, 2015 - 2025 (Thousand Units) (USD Million)
                        8.5.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (Thousand Units) (USD Million)
                        8.5.5. Brazil
                            8.5.5.1. Market estimates and forecast, 2015 - 2025 (Thousand Units) (USD Million)
                            8.5.5.2. Market estimates and forecast, by raw material, 2015 - 2025 (Thousand Units) (USD Million)
                            8.5.5.3. Market estimates and forecast, by application, 2015 - 2025 (Thousand Units) (USD Million)
                            8.5.5.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (Thousand Units) (USD Million)
                    8.6. Middle East & Africa (MEA)
                        8.6.1. Market estimates and forecast, 2015 - 2025 (Thousand Units) (USD Million)
                        8.6.2. Market estimates and forecast, by raw material, 2015 - 2025 (Thousand Units) (USD Million)
                        8.6.3. Market estimates and forecast, by application, 2015 - 2025 (Thousand Units) (USD Million)
                        8.6.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (Thousand Units) (USD Million)
                        8.6.5. South Africa
                            8.6.5.1. Market estimates and forecast, 2015 - 2025 (Thousand Units) (USD Million)
                            8.6.5.2. Market estimates and forecast, by raw material, 2015 - 2025 (Thousand Units) (USD Million)
                            8.6.5.3. Market estimates and forecast, by application, 2015 - 2025 (Thousand Units) (USD Million)
                            8.6.5.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (Thousand Units) (USD Million)
Chapter 9. Competitive Analysis
                    9.1. Key global players, recent developments & their impact on the industry
                    9.2. Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
                    9.3. Vendor Landscape
                        9.3.1. Key company market share analysis, 2018
Chapter 10. Company Profiles
                    10.1. Amer Sports
                        10.1.1. Company Overview
                        10.1.2. Financial Performance
                        10.1.3. Raw material Benchmarking
                        10.1.4. Strategic Initiatives
                    10.2. YONEX Co., Ltd.
                        10.2.1. Company Overview
                        10.2.2. Financial Performance
                        10.2.3. Raw material Benchmarking
                        10.2.4. Strategic Initiatives
                    10.3. Dunlop Sports
                        10.3.1. Company Overview
                        10.3.2. Financial Performance
                        10.3.3. Raw material Benchmarking
                        10.3.4. Strategic Initiatives
                    10.4. Shinola
                        10.4.1. Company Overview
                        10.4.2. Financial Performance
                        10.4.3. Raw material Benchmarking
                        10.4.4. Strategic Initiatives
                    10.5. Babolat
                        10.5.1. Company Overview
                        10.5.2. Financial Performance
                        10.5.3. Raw material Benchmarking
                        10.5.4. Strategic Initiatives
                    10.6. Head N.V.
                        10.6.1. Company Overview
                        10.6.2. Financial Performance
                        10.6.3. Raw material Benchmarking
                        10.6.4. Strategic Initiatives
                    10.7. ASI LLC
                        10.7.1. Company Overview
                        10.7.2. Financial Performance
                        10.7.3. Raw material Benchmarking
                        10.7.4. Strategic Initiatives
                    10.8. Tecnifibre
                        10.8.1. Company Overview
                        10.8.2. Financial Performance
                        10.8.3. Raw material Benchmarking
                        10.8.4. Strategic Initiatives
                    10.9. GAMMA Sports
                        10.9.1. Company Overview
                        10.9.2. Financial Performance
                        10.9.3. Raw material Benchmarking
                    10.10. Pacific Holdings Limited
                    10.11. Pacific Holdings Limited
                        10.11.1. Company Overview
                        10.11.2. Financial Performance
                        10.11.3. Raw material Benchmarking
                        10.11.4. Strategic Initiatives
                    10.12. ABG-PRINCE OPCO, LLC
                    10.13. Pacific Holdings Limited
                        10.13.1. Company Overview
                        10.13.2. Financial Performance
                        10.13.3. Raw material Benchmarking
                        10.13.4. Strategic Initiatives

List of Tables

1. Tennis racquet - Key market driver analysis
2. Tennis racquet - Key market restraint analysis
3. Global carbon fiber tennis racquet market estimates and forecast, 2015 - 2025 (Thousand Units) (USD Million)
4. Global aluminum tennis racquet market estimates and forecast, 2015 - 2025 (Thousand Units) (USD Million)
5. Global other tennis racquet accessories market estimates and forecast, 2015 - 2025 (Thousand Units) (USD Million)
6. Global tennis racquet market estimates and forecast for core player, 2015 - 2025 (Thousand Units) (USD Million)
7. Global tennis racquet market estimates and forecast for amateur, 2015 - 2025 (Thousand Units) (USD Million)
8. Global tennis racquet market estimates and forecast through online, 2015 - 2025 (Thousand Units) (USD Million)
9. Global tennis racquet market estimates and forecast through offline, 2015 - 2025 (Thousand Units) (USD Million)
10. North America tennis racquet market estimates and forecast, 2015 - 2025 (Thousand Units) (USD Million)
11. North America tennis racquet market volume, by raw material, 2015 - 2025 (Thousand Units)
12. North America tennis racquet market revenue, by raw material, 2015 - 2025 (USD Million) 
13. North America tennis racquet market volume, by application, 2015 - 2025 (Thousand Units)
14. North America tennis racquet market revenue, by application, 2015 - 2025 (USD Million) 
15. North America tennis racquet market volume, by distribution channel, 2015 - 2025 (Thousand Units)
16. North America tennis racquet market revenue, by distribution channel, 2015 - 2025 (USD Million) 
17. U.S. tennis racquet market estimates and forecast, 2015 - 2025 (Thousand Units) (USD Million)
18. U.S. tennis racquet market volume, by raw material, 2015 - 2025 (Thousand Units)
19. U.S. tennis racquet market revenue, by raw material, 2015 - 2025 (USD Million) 
20. U.S. tennis racquet market volume, by application, 2015 - 2025 (Thousand Units)
21. U.S. tennis racquet market revenue, by application, 2015 - 2025 (USD Million) 
22. U.S. tennis racquet market volume, by distribution channel, 2015 - 2025 (Thousand Units)
23. U.S. tennis racquet market revenue, by distribution channel, 2015 - 2025 (USD Million) 
24. Europe tennis racquet market estimates and forecast, 2015 - 2025 (Thousand Units) (USD Million)
25. Europe tennis racquet market volume, by raw material, 2015 - 2025 (Thousand Units)
26. Europe tennis racquet market revenue, by raw material, 2015 - 2025 (USD Million) 
27. Europe tennis racquet market volume, by application, 2015 - 2025 (Thousand Units)
28. Europe tennis racquet market revenue, by application, 2015 - 2025 (USD Million) 
29. Europe tennis racquet market volume, by distribution channel, 2015 - 2025 (Thousand Units)
30. Europe tennis racquet market revenue, by distribution channel, 2015 - 2025 (USD Million) 
31. Germany tennis racquet market estimates and forecast, 2015 - 2025 (Thousand Units) (USD Million)
32. Germany tennis racquet market volume, by raw material, 2015 - 2025 (Thousand Units)
33. Germany tennis racquet market revenue, by raw material, 2015 - 2025 (USD Million) 
34. Germany tennis racquet market volume, by application, 2015 - 2025 (Thousand Units)
35. Germany tennis racquet market revenue, by application, 2015 - 2025 (USD Million) 
36. Germany tennis racquet market volume, by distribution channel, 2015 - 2025 (Thousand Units)
37. Germany tennis racquet market revenue, by distribution channel, 2015 - 2025 (USD Million) 
38. France tennis racquet market estimates and forecast, 2015 - 2025 (Thousand Units) (USD Million)
39. France tennis racquet market volume, by raw material, 2015 - 2025 (Thousand Units)
40. France tennis racquet market revenue, by raw material, 2015 - 2025 (USD Million) 
41. France tennis racquet market volume, by application, 2015 - 2025 (Thousand Units)
42. France tennis racquet market revenue, by application, 2015 - 2025 (USD Million) 
43. France tennis racquet market volume, by distribution channel, 2015 - 2025 (Thousand Units)
44. France tennis racquet market revenue, by distribution channel, 2015 - 2025 (USD Million) 
45. Asia Pacific tennis racquet market estimates and forecast, 2015 - 2025 (Thousand Units) (USD Million)
46. Asia Pacific tennis racquet market volume, by raw material, 2015 - 2025 (Thousand Units)
47. Asia Pacific tennis racquet market revenue, by raw material, 2015 - 2025 (USD Million) 
48. Asia Pacific tennis racquet market volume, by application, 2015 - 2025 (Thousand Units)
49. Asia Pacific tennis racquet market revenue, by application, 2015 - 2025 (USD Million) 
50. Asia Pacific tennis racquet market volume, by distribution channel, 2015 - 2025 (Thousand Units)
51. Asia Pacific tennis racquet market revenue, by distribution channel, 2015 - 2025 (USD Million) 
52. China tennis racquet market estimates and forecast, 2015 - 2025 (Thousand Units) (USD Million)
53. China tennis racquet market volume, by raw material, 2015 - 2025 (Thousand Units)
54. China tennis racquet market revenue, by raw material, 2015 - 2025 (USD Million) 
55. China tennis racquet market volume, by application, 2015 - 2025 (Thousand Units)
56. China tennis racquet market revenue, by application, 2015 - 2025 (USD Million) 
57. China tennis racquet market volume, by distribution channel, 2015 - 2025 (Thousand Units)
58. China tennis racquet market revenue, by distribution channel, 2015 - 2025 (USD Million) 
59. India tennis racquet market estimates and forecast, 2015 - 2025 (Thousand Units) (USD Million)
60. India tennis racquet market volume, by raw material, 2015 - 2025 (Thousand Units)
61. India tennis racquet market revenue, by raw material, 2015 - 2025 (USD Million) 
62. India tennis racquet market volume, by application, 2015 - 2025 (Thousand Units)
63. India tennis racquet market revenue, by application, 2015 - 2025 (USD Million) 
64. India tennis racquet market volume, by distribution channel, 2015 - 2025 (Thousand Units)
65. India tennis racquet market revenue, by distribution channel, 2015 - 2025 (USD Million) 
66. Central & South America tennis racquet market estimates and forecast, 2015 - 2025 (Thousand Units) (USD Million)
67. Central & South America tennis racquet market volume, by raw material, 2015 - 2025 (Thousand Units)
68. Central & South America tennis racquet market revenue, by raw material, 2015 - 2025 (USD Million) 
69. Central & South America tennis racquet market volume, by application, 2015 - 2025 (Thousand Units)
70. Central & South America tennis racquet market revenue, by application, 2015 - 2025 (USD Million) 
71. Central & South America tennis racquet market volume, by distribution channel, 2015 - 2025 (Thousand Units)
72. Central & South America tennis racquet market revenue, by distribution channel, 2015 - 2025 (USD Million) 
73. Brazil tennis racquet market estimates and forecast, 2015 - 2025 (Thousand Units) (USD Million)
74. Brazil tennis racquet market volume, by raw material, 2015 - 2025 (Thousand Units)
75. Brazil tennis racquet market revenue, by raw material, 2015 - 2025 (USD Million) 
76. Brazil tennis racquet market volume, by application, 2015 - 2025 (Thousand Units)
77. Brazil tennis racquet market revenue, by application, 2015 - 2025 (USD Million) 
78. Brazil tennis racquet market volume, by distribution channel, 2015 - 2025 (Thousand Units)
79. Brazil tennis racquet market revenue, by distribution channel, 2015 - 2025 (USD Million) 
80. Middle East & Africa tennis racquet market estimates and forecast, 2015 - 2025 (Thousand Units) (USD Million)
81. Middle East & Africa tennis racquet market volume, by raw material, 2015 - 2025 (Thousand Units)
82. Middle East & Africa tennis racquet market revenue, by raw material, 2015 - 2025 (USD Million) 
83. Middle East & Africa tennis racquet market volume, by application, 2015 - 2025 (Thousand Units)
84. Middle East & Africa tennis racquet market revenue, by application, 2015 - 2025 (USD Million) 
85. Middle East & Africa tennis racquet market volume, by distribution channel, 2015 - 2025 (Thousand Units)
86. Middle East & Africa tennis racquet market revenue, by distribution channel, 2015 - 2025 (USD Million) 
87. South Africa tennis racquet market estimates and forecast, 2015 - 2025 (Thousand Units) (USD Million)
88. South Africa tennis racquet market volume, by raw material, 2015 - 2025 (Thousand Units)
89. South Africa tennis racquet market revenue, by raw material, 2015 - 2025 (USD Million) 
90. South Africa tennis racquet market volume, by application, 2015 - 2025 (Thousand Units)
91. South Africa tennis racquet market revenue, by application, 2015 - 2025 (USD Million) 
92. South Africa tennis racquet market volume, by distribution channel, 2015 - 2025 (Thousand Units)
93. South Africa tennis racquet market revenue, by distribution channel, 2015 - 2025 (USD Million) 
94. Vendor landscape

List of Figures

1. Tennis racquet market snapshot 
2. Tennis racquet market segmentation & scope
3. Tennis racquet market penetration & growth prospect mapping
4. Tennis racquet value chain analysis
5. Tennis racquet market dynamics
6. Tennis racquet market Porter's analysis 
7. Tennis racquet market: Raw material movement analysis
8. Tennis racquet market: Application movement analysis
9. Tennis racquet market: Distribution channel movement analysis 
10. Tennis racquet market: Regional movement analysis