The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Tennis Racquet market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Tennis Racquet
The report offers actionable and valuable market insights of Tennis Racquet. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Tennis Racquet Market across various industries and regions.
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The tennis racquet market is anticipated to reach a valuation of over US$ 700 million by 2030, registering a CAGR of 3.5% during the forecast period 2020-2030.
The tennis racquet market has seen a historical CAGR of nearly 1% during the period (2015-2019), owing to minimal growth in mature economies such as North America and Europe, and is to create a valuation of US$ 214 million by 2030.
Increased participation has been observed among millennials and Gen Z. For many years, the discretionary spending of millennials and Gen Z has been low, and, as such, the spending of these new participants in recreational activities has also been low.
The tennis racquet market has seen a historical CAGR of nearly 1% during the period (2015-2019), owing to minimal growth in mature economies such as North America and Europe, and is to create a valuation of US$ 214 million by 2030.
This newly published and insightful report sheds light on Market Insights of Tennis Racquet, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Tennis Racquet Market.
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Fact.MR has studied the tennis racquet market with detailed segmentation on the basis of type, string pattern, head size, sales channel, and region.
Type
String Pattern
Head Size
Sales Channel
Region
The tennis racquet market is fragmented in nature, with top players accounting for nearly 40% of global revenue. The market is moving towards consolidation, with increase in brand preference by tennis players. Top companies in the tennis racquet market have been deploying multiple strategies to increase their brand presence in the landscape. Companies have also been collaborating with professional tennis players for endorsements of their offerings. They have also been establishing partnerships with tennis competitions for increasing their market presence.
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Fact.MR, in its new report, offers an unbiased Market Analysis of Tennis Racquet, Sales and Demand of Tennis Racquet, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.
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