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Badminton Racket Market Is Expected To Grow At a CAGR of 6.7% between 2018 and 2025

09-11-2018 07:21 AM CET | Sports

Press release from: QY Research, Inc. 

Badminton Racket Market Is Expected To Grow At a CAGR of 6.7%

This report studies the Badminton Racket market size (value and volume) by players, regions, product types and end industries, history data 2013-2017 and forecast data 2018-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

Badminton racket is a light long-handled racket used by badminton players. A badminton racket is composed of a racket head, a racket handle and a racket handle. A length of the badminton racket is not more than 68 cm, which the length of racket handle and rod is not more than 42 cm. With the development of science and technology, the development of the racket is becoming light, the racket frame is becoming hard, the racket rod is becoming flexible, and the air resistance is becoming small.

The number of badminton enthusiasts in Europe and the Americas is far less than in Asia and Southeast Asia. It is mainly popular in the Nordic region, such as Sweden. The region is affected by the region, the temperature is low, and even the night is even in the winter, so indoor sports such as badminton are quite popular. Popular, but due to the small population base, the market potential is small, and badminton in other parts of Europe and the United States belongs to the niche movement. Although the development trend is good, the market will not grow much in a short time.

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The global Badminton Racket market was 580 million US$ in 2017 and is expected to 980 million US$ by the end of 2025, growing at a CAGR of 6.7% between 2018 and 2025.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Badminton Racket in these regions, from 2013 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

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The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

Yonex

VICTOR

RSL

Lining

GOSEN

KAWASAKI

Carlton Sports

Wilson Sporting Goods

Babolat

Apacs Sports

COSCO India Ltd.

Silver Sports India

By the product type, the market is primarily split into

Carbon

Carbon Alloy

Others

By the end users/application, this report covers the following segments

Men

Women

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