Leading Tennis Racquet Country Markets Databank
The Tennis Racquet market was valued at $351.8 Million in 2020, and is projected to reach $885.9 Million by 2029 growing at a CAGR of 10.86% from 2021 to 2029. North America is expected to be the highest contributor to this market, with $118.2 Million in 2020, and is anticipated to reach $308.5 Million by 2029, registering a CAGR of 11.29%. Asia-Pacific is anticipated to reach $259.9 Million by 2029 with the highest CAGR of 12.64%. North America and Europe collectively expected to account for about 64.9% share of the Tennis Racquet market in 2020, with the former constituting around 33.6% share. Asia-Pacific and North America are expected to witness significant growth rates at a CAGR of 12.64% and 11.29% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 59.0% in the overall Tennis Racquet market in 2020, and is anticipated to reach 64.2% by 2029.
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