Global Badminton Equipment Market Growth 2023-2029

Global Badminton Equipment Market Growth 2023-2029

Badminton is a racquet sport played using racquets to hit a shuttlecock across a net. Although it may be played with larger teams, the most common forms of the game are "singles" (with one player per side) and "doubles" (with two players per side). Badminton is often played as a casual outdoor activity in a yard or on a beach; formal games are played on a rectangular indoor court. Points are scored by striking the shuttlecock with the racquet and landing it within the opposing side's half of the court.

LPI (LP Information)' newest research report, the “Badminton Equipment Industry Forecast” looks at past sales and reviews total world Badminton Equipment sales in 2022, providing a comprehensive analysis by region and market sector of projected Badminton Equipment sales for 2023 through 2029. With Badminton Equipment sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Badminton Equipment industry.

This Insight Report provides a comprehensive analysis of the global Badminton Equipment landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Badminton Equipment portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Badminton Equipment market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Badminton Equipment and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Badminton Equipment.

The global Badminton Equipment market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

Rising interest in badminton among children, government support, increase in the number of badminton tournaments and people preference are key factors contributing to the growth of market. One of the most important factors driving the growth of this market is the rising interest in badminton among children. This has led to several schools and colleges providing their students with the required training for badminton and encouraging them to participate in events and tournaments. The prevailing popularity of badminton tournaments like the Super Series Badminton League and the Premier Badminton League is also indicative of the fact that the market has a high growth potential for the forecast period. The APAC region led the global badminton equipment market and is expected to increase on account of rapid population growth.

This report presents a comprehensive overview, market shares, and growth opportunities of Badminton Equipment market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Badminton Racquets
Shuttlecocks
Badminton Shoes
Others

Segmentation by application
Specialty and Sports Stores
Department and Discount Stores
Online Retail

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Ashaway
Babolat
Li-Ning
YONEX
ASICS
Pointfore
Tecnifibre

Key Questions Addressed in this Report

What is the 10-year outlook for the global Badminton Equipment market?

What factors are driving Badminton Equipment market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Badminton Equipment market opportunities vary by end market size?

How does Badminton Equipment break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.