Tennis Equipment Market by Product Types, Distribution Channel Types and Regions — Global Industry Analysis, Growth, Sha

1. Global Tennis Equipment Market by Product Types, Distribution Channel Types and Regions — Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2020–2026 Report By

2. Thetennis equipment market was valued at approximately USD 800Million in 2019 and is expected to surpass USD 915Million by 2026, expanding at a CAGR of 2% during the forecast period 2020–2026. Request for sample@https://dataintelo.com/request-sample/?reportId=6619 The equipment that are required for playing tennis are called as tennis equipment. Racket, tennis ball, shoes, and a dress code are mandatory equipment for the sport. Apart from player needs, the tennis court needs a net to separate playing area of each player. Rackets can be made of many alloys or wood. There are no restrictions on the size or materials used in making a racket. It has an oval head and a gradually widening throat that connects the narrow handle with the head of the racket. The head of the racket is tightly woven with strings which are made of various materials like nylon, gut or synthetic gut. The handles are covered with leather or nylon for a better grip. As per International Tennis Federation (ITF) rules, Tennis balls are yellow colored spherical balls, with a diameter between 2.5 and 2.625 inches. Pressurized rubber is used to make semi spherical half shells.

3. Market Trends, Drivers, Restraints, and Opportunities: • The tennis equipment market is primarily driven by rise in the popularity of tennis worldwide. Increase in the number of tennis events and promotional events has led to worldwide adoption of this sport. Australia, the U.S, France, Germany, Russia, and Spain are some of the countries wherein tennis is highly popular. Moreover, in the Asia Pacific region, tennis has gained wide popularity. The Commonwealth Games held in New Delhi (India) in 2008 have contributed to this popularity. • Another driver for the tennis equipment market is increasing awareness about tennis as a fitness sport. This has resulted in increase in the popularity of tennis among kids, young millennials, and elderly people. According to the American Medical Society for Sports Medicine, more than 30 million tennis players in the U.S. are benefitted from tennis in terms of aerobic fitness, reduced cholesterol level, and improved bone health. • The high cost of tennis equipment is a factor that is restraining this market. Due to this high initial investment, the customer has to think a lot before buying a new equipment. Certain associations specify the global standards for manufacturing of tennis equipment. the International Tennis Federation (ITF) defines specifications for tennis racquets. As a result, it becomes difficult for local manufacturers to produce tennis racquets as per their choice.

4. Ask for discount@https://dataintelo.com/ask-for-discount/?reportId=6619 Competitive Landscape: The global tennis equipment market is fragmented with presence of various regional and global players. Some of the prominent players operating in the tennis equipment market are YONEX Co., Ltd., Wilson Sporting Goods, Nike, Inc., Adidas AG, BABOLAT VS S.A., Solinco Inc., Amer Sports, Head N.V., Dunlop Sports, and Technifibre. In order to gain a competitive advantage in the market, these players are constantly involved in collaborations, partnerships, agreements, and launch of new products. During the forecast period, the high level of market competition will lead to the advent of many advanced products in the market. Factors such as intense competition, rapid changes in technology, and shifting consumer preferences will pose significant challenges for the vendors in this market. Enquiry Before Buying@https://dataintelo.com/enquiry-before-buying/?reportId=6619

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