Maximize Market Research’s latest report, ” Global Tennis Racquet Market Global Demand Analysis and Opportunity Outlook 2027″, offers a comprehensive analysis of the market. It provides market segments by type and shape, as well as end-user industries and regions.
The Global Tennis Racquet Market was valued US$ 616.34 Mn in 2019 and is expected to reach US$ 3548.5 Mn by 2027, at a CAGR of 24.47% during a forecast period.
Global Tennis Racquet Market Overview
Tennis Racquet consisting of a handled frame with an open hoop across which a network of strings or catgut is stretched tightly. The main parts of a tennis racket are the head, beam, shaft, grip, butt cap, and strings
Graphite tennis racquet is dominating the segment. Graphite racquet is much heavier than other racquets. The graphite racquet provides better swing whenever player trying to do a power serve. Graphite material is very strong as evaluate to other elements. Graphite tennis racquet Reduced vibration provides a more comfortable feel and also adds to racquet power, since less energy is wasted in bending the racquet. Thus more energy is returned to the ball.
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Global Tennis Racquet Market Major Market Players
• Wilson Sporting Goods
• Amer Sport (Finland),
• YONEX Co., Ltd.(Japan),
• Babolat (France),
• ASI -CSP,llc (Japan) ,
• Tecnifibre ( Paris),
• Dunlop Sports Group Americas (the U.S.),
• ABG-PRINCE OPCO, LLC (the U.S.),
• GAMMA Sports (the U.S.),
• PACIFIC Holding GmbH (Germany),
• ProKennex (Taiwan),
• ONE SPORTS s.r.l (Italy),
• PowerAngle, H
• EAD (the Netherlands),
• Slazenger (the U.K),
• Volkltennis (Germany)
• Head N.V.
• Solinco
• ASICS Corporation
• Authentic Brands Group, LLC
The Market Impact of COVID-19
The COVID-19 epidemic has quickly spreaded since its inception in Wuhan (China), in December 2019.
All around the globe. As of March 2020, the US and China were the most affected. The COVID-19 crisis has had a significant impact on many countries, resulting in travel bans or lockdowns. Industries. This outbreak has severely affected the global food and beverage industries.
This includes office closures, cancellations of technology events, and supply chain disruptions. China is the world’s largest manufacturing country and has the largest number of raw material suppliers. COVID-19 has an adverse effect on overall production because it closes factories and creates supply chain challenges. Market growth.
Global Tennis Racquet Market, By Product Type.
• Graphite
• Boron and Kevlar
• Aluminum.
• Woodie
Segmentation of Global Tennis Racquet Market by Types and Applications:
The report has covered the market size by country (regions) for the global Tennis Racquet market. Segment by Application. The Tennis Racquet Market is divided into the North America Europe, ASIA Pacific, Middle East & Africa. The report also includes market size estimates by region. 2019-2027 Forecasts and market size for each type and segment are included. Sales and revenue are included for the period 2019-2027.
Analysis of the Tennis Racquet Market Share and Competitive Landscape:
This report provides a detailed analysis of the Global Tennis Racquet Market for all stakeholders. . It also contains historical and forecasted market size information. Trends are also included in the report. The report is simple and simplifies complicated data using simple language. This report includes information on all aspects of the industry, as well as key players like market leaders, followers and new entrants. The report includes a PORTER, SVOR and a PESTEL analysis. The report also analyzes the potential market impact of microeconomic variables. This report examines both internal and external factors that can have a positive or negative effect on the business. This report will provide a clear view of the industry for decision-makers.
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