Global Badminton Equipment Market is expected to foresee significant growth opportunities in the coming years and is expected to grow at a substantial compound annual growth rate (CAGR) from 2021 to 2030. The Asia Pacific is expected to be the most lucrative market where Japan alone has crossed the mark of 13 billion Japanese Yen by 2021. Among categories, Rackets Market is expected to foresee a substantial growth rate (CAGR) of 6.9% from 2021 to 2030.
The growing popularity of badminton globally among different age groups is one of the major factors boosting it's in different countries across the world. Initiatives by the government of different countries around the globe, an increase in the number of badminton tournaments, and a positive attitude of people toward fitness are expected to raise the demand for badminton equipment during the forecast period. Further, nonmaterial is playing a key role in the manufacturing of badminton Rackets these days as the lightweight feature due to usage of the nonmaterial is attracting buyers all around the globe. Carbon fiber is replacing the old metal, steel, and wood in different sports apparatuses including Rackets. So, in the coming years, the badminton market is expected to see lightweight Rackets with better features equipped.
The global equipment badminton market is segmented into category, gender, distribution channel, and geography. By category, the market is segmented into shoes, apparel, strings, bags, rackets, and shuttles. By gender, the market is further sub-segmented into men and women players. The men's segment dominates the global badminton market at present; however, the women's segment is expected to see substantial growth in the coming years. By apparel, the market is sub-segmented into t-shirts and shorts for both women and men. Racket type has been further categorized into metal, graphite, and others. Under the scope of string type beginners, intermediate, and advanced have been covered as per the lbs. By shuttlecock type, the market is segmented into feather shuttlecocks and nylon shuttlecocks. By distribution channel, the global badminton equipment market is segmented primarily online and offline. Further, the offline segment is sub-segmented into Department and Discount stores, Specialty and Sports Stores.
By geography, Asia Pacific is a huge market for badminton equipment as half of the population resides in the region. Europe and North America are also promising markets for badminton games attracting more players in different parts of the region. An increase in the number of tournaments across the Asia Pacific and people getting more concerned about their fitness would raise the demand for badminton equipment in the region. Further, the Rest of the World (RoW) which includes South America, Central America, and the Middle East would also grow at a moderate rate due to the growing popularity in the countries such as UAE, Saudi Arabia, and Brazil among others.
The scope of the global badminton equipment market report covers an in-depth analysis of the market in terms of both qualitative and quantitative analysis across the segments as well as cross-sectional analysis of the segments including the geographies and their respective countries. The market has been analyzed both from the demand as well as supply-side to come to an accurate scenario. Products across applications and applications across geographies have been mapped to provide you with a precise competitive scenario to have a leading edge in the market.
Some of the leading players in the global badminton market are Victor, Kawasaki, RSL Shuttles, Yonex, Kason, Ashaway, Babolat, Sotx, PrKennex, Wilson, Carlton, Wilson, Babolat, Head, Prince, Technifibre, Dunlop Sports Group Americas, Slazenger, Trump Sports, Power Angle, TELOON, Gamma, PACIFIC, ProKennex, Solinco, One Strings, Bonny, Qiangli, Sports Direct, Asha Way, Amer Sports, Ruby Glamour, Bedini, Point Fore, Tatt Seng Sporting Goods, ASICS, and Li-Ning, among others.
Base Year: 2019
Forecast Years: 2021 – 2030
Market Data Provided: 2019 to 2030
Historical Data Provided: 2016 - 2030
Available Customized Reports:
North America Badminton Equipment Market, 2019 – 2030
Europe Badminton Equipment Market, 2019 – 2030
Asia Pacific Badminton Equipment Market, 2019 – 2030
The Middle East & Africa Badminton Equipment Market, 2019 – 2030
U.S. Badminton Equipment Market, 2019 – 2030
India Badminton Equipment Market, 2019 – 2030
China Badminton Equipment Market, 2019 – 2030
The Highlights of the Global Badminton Equipment Market Report
Scope of the Global Badminton Equipment Market Report
**Market Value and Volume are provided for each segment and sub-segments, major geography, and all the countries mentioned under the scope of the study.
By Distribution Channel