Global Squash Rackets Market Size, Share, and Trends Analysis Report – Industry Overview and Forecast to 2032

Squash Rackets Market Analysis

The squash rackets market is experiencing steady growth, driven by increasing participation in squash across professional, amateur, and recreational levels. North America dominates the market due to the presence of major squash tournaments and established training facilities, while Europe and Asia-Pacific are witnessing rapid growth due to rising awareness and accessibility of the sport. Advancements in racket technology, such as lightweight carbon fiber frames, vibration-dampening materials, and aerodynamically enhanced designs, are improving performance and attracting players seeking precision and power. Manufacturers such as Tecnifibre, HEAD, and Dunlop are investing in research and development to introduce rackets with optimized balance, durability, and enhanced control. In addition, smart rackets integrated with motion sensors and AI-driven analytics are gaining traction, offering real-time feedback on player performance. The growing trend of health-conscious consumers engaging in racket sports for fitness benefits is further fueling market demand. With the increasing availability of squash equipment through online retail platforms and direct-to-consumer sales, coupled with sponsorships and endorsements by professional athletes, the squash racket market is poised for significant expansion in the coming years.

Squash Rackets Market Size

The global squash rackets market size was valued at USD 237.97 million in 2024 and is projected to reach USD 320.70 million by 2032, with a CAGR of3.80% during the forecast period of 2025 to 2032. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, pricing analysis, brand share analysis, consumer survey, demography analysis, supply chain analysis, value chain analysis, raw material/consumables overview, vendor selection criteria, PESTLE Analysis, Porter Analysis, and regulatory framework.

Squash Rackets Market Trends

“Growing Adoption of Lightweight and Aerodynamically Enhanced Rackets”

One prominent trend in the squash rackets market is the growing adoption of lightweight and aerodynamically enhanced rackets designed for speed and precision. Players are increasingly demanding high-performance rackets that offer better maneuverability, power, and control, leading manufacturers to develop advanced carbon fiber and graphite composite frames. For instance, in September 2024, Tecnifibre introduced the Carboflex 120g model, the lightest in its series, catering specifically to professional and high-speed swing players. This shift towards ultra-lightweight rackets helps reduce arm fatigue while maintaining durability, making them ideal for both competitive and amateur players. Furthermore, brands such as HEAD and Dunlop are integrating vibration-dampening technology to enhance comfort and reduce impact stress on the arm. The demand for customized balance points and grip enhancements is also rising, as players seek personalized performance features. As technology continues to evolve, innovation in material science and racket engineering is expected to drive further advancements in the market.

Report Scope and Squash Rackets Market Segmentation     

Squash Rackets Market Definition

Squash rackets are specialized sports equipment used in the game of squash, a high-speed indoor racquet sport. These rackets are typically made from composite materials such as carbon fiber, graphite, or aluminum, ensuring a balance of lightweight durability, power, and control.

Squash Rackets Market Dynamics

Drivers

• Increasing Popularity of Squash Tournaments

The growing number of international squash tournaments is significantly driving the demand for high-performance squash rackets. Prestigious events such as the PSA World Championships, British Open, and U.S. Open attract top professional players, increasing global visibility for the sport. As more players, both professional and amateur, aspire to compete at higher levels, they seek advanced squash rackets that offer enhanced control, power, and durability. Manufacturers are responding to this demand by developing innovative rackets with lightweight materials and improved aerodynamics to cater to players' needs. For instance, Tecnifibre’s Carboflex series, endorsed by world champions, has gained popularity among competitive players, further boosting market expansion. With the growing viewership and sponsorship in squash, more brands are investing in product innovations and marketing strategies to tap into this expanding customer base.

• Rising Health and Fitness Awareness

Squash is increasingly being recognized as an intensive cardiovascular sport that enhances agility, endurance, and coordination, contributing to its rising popularity among fitness-conscious individuals. With a growing emphasis on maintaining an active lifestyle, more people are joining sports clubs, gyms, and recreational centers where squash is offered as a key activity. This trend has led to an increased demand for squash rackets, especially among beginners and fitness enthusiasts looking for lightweight and easy-to-handle options. For instance, HEAD and Wilson have introduced beginner-friendly rackets with improved grip and flexibility, making the sport more accessible to new players. In addition, corporate wellness programs and government initiatives promoting sports participation are further fueling the demand for squash equipment, positioning it as a key market driver in the sports industry.

Opportunities

• Increasing Technological Advancements in Racket Design

The squash racket industry is witnessing significant advancements in materials, aerodynamics, and string technology, leading to the development of lightweight yet high-performance rackets. Manufacturers are incorporating carbon fiber, graphene, and nanotechnology to enhance durability, power, and control. For instance, Tecnifibre’s Carboflex series and HEAD’s Graphene 360+ rackets provide improved stability and maneuverability, catering to both professional and amateur players. These technological innovations allow players to generate greater swing speed and accuracy, making squash more competitive and enjoyable. The continuous RandD investments in racket customization and smart sensors present a lucrative market opportunity as players seek personalized performance-enhancing equipment.

• Increasing Government and Institutional Support

Governments and sports institutions worldwide are promoting squash as a mainstream sport, fueling the demand for rackets and related equipment. Many schools, universities, and training academies are integrating squash into their athletic programs, encouraging youth participation and fostering talent development. For instance, in the U.K., the England Squash initiative supports grassroots squash programs, increasing accessibility for beginners and young players. Similarly, the U.S. Squash Foundation is funding infrastructure projects, including new squash courts and training centers. These initiatives create a substantial market opportunity by driving demand for entry-level and professional-grade rackets, positioning squash as an accessible and growing sport.

Restraints/Challenges

• High Competition from Alternative Sports

One of the biggest challenges in the squash rackets market is the increasing competition from alternative racket sports, such as pickleball, tennis, and badminton, which are gaining popularity worldwide. Pickleball, in particular, has witnessed explosive growth in the U.S., attracting a younger audience due to its accessibility and social appeal. Similarly, tennis and badminton continue to dominate in regions such as Europe and Asia, benefiting from greater media exposure, sponsorships, and grassroots programs. In contrast, squash has struggled to gain mainstream visibility, lacking major TV broadcasting deals and sponsorship investments that drive participation in other sports. For instance, while tennis grand slams and badminton world championships receive extensive coverage, squash events often go unnoticed, limiting its appeal to new players. As a result, the declining participation rate in squash affects the demand for squash rackets, posing a significant challenge for manufacturers and retailers in the market.

• High Cost of Equipment and Maintenance

The high cost of premium squash rackets is another major challenge in the market, particularly for beginners and casual players. Squash rackets made from carbon fiber and advanced composite materials offer better durability and performance but come at a steep price, making them less accessible to newcomers. In addition, the maintenance cost of squash equipment, such as restringing, grip replacement, and vibration dampeners, further adds to the financial burden. High expenses discourage occasional and recreational players from investing in the sport, leading to slower market growth. Compared to other sports such as badminton, where rackets and accessories are often more affordable and widely available, squash faces an uphill battle in attracting and retaining players, thereby impacting overall market demand.

This market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Squash Rackets Market Scope

The market is segmented on the basis of balance, construction, weight, player, frame material, and sales channel. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Balance

• Head Heavy
• Head Light
• Even

Construction

• Open Throat
• Closed Throat
• Hybrid

Weight

• Heavy
• Light

Player

• Beginner
• Intermediate
• Advanced

Frame Material

• Aluminum
• Composite

Sales Channel

• Independent Sport Outlets
• Franchised Sport Outlets
• Modern Trade
• Sports Retail Chain
• Direct to Consumer Online
• Direct to Customer Institutional
• Third-party Online

Squash Rackets Market Regional Analysis

The market is analysed and market size insights and trends are provided by country, balance, construction, weight, player, frame material, and sales channel as referenced above.

The countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the squash rackets market due to the frequent hosting of prestigious squash tournaments and championships, which drive player participation and equipment sales. The rising popularity of squash as a competitive and recreational sport, along with strong institutional support from sports organizations and clubs, further boosts market growth. In addition, increasing investments in squash training facilities and the presence of key manufacturers catering to professional and amateur players contribute to the region’s market leadership.

Europe is projected to experience fastest growth in the squash rackets market from 2025 to 2032, driven by continuous innovations and advanced product launches by leading manufacturers. The introduction of rackets with enhanced power, durability, and lightweight materials is attracting both professional and amateur players. In addition, rising participation in squash as a competitive and fitness sport, along with increasing investments in sports infrastructure, is fueling market expansion. The strong presence of well-established brands and a growing focus on high-performance sports equipment further contribute to the region’s rapid market growth.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.  

Squash Rackets Market Share

The market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to market.

Squash Rackets Market Leaders Operating in the Market Are:

• Amer Sports (Finland)
• Dunlop Sports (U.K.)
• HEAD (Austria)
• Prince Global Sports, LLC (U.S.)
• Tecnifibre (France)
• Kamachi Group (India)
• Ektelon LLC (U.S.)
• Black Knight Enterprises (Canada)
• Soccer International Private Limited (India)
• OLIVER SPORT (Germany)
• SporT One Store (U.S.)
• Black Knight Enterprises Ltd. (Canada)
• Harrow Sports (U.S.)
• Babolat (France)
• Wilson Sporting Goods (U.S.)

Latest Developments in Squash Rackets Market

• In September 2024, Tecnifibre expanded its Carboflex range by introducing a 120g model, making it the lightest racket ever in the series. This new design is specifically crafted for players with high swing speeds, catering to expert and professional squash players
• In March 2024, Head unveiled its innovative 4-in-1 machine, a diagnostic tool that accurately measures weight, swing weight, twist weight, and balance. Designed to accommodate various racquet sports, including tennis, pickleball, padel, squash, and racquetball, this technology enhances performance analysis for players and coaches
• In December 2022, Yonex Co. Ltd. introduced the Astrox Nextage badminton racket series, featuring a newly innovated frame that absorbs impact. This advanced design provides a revolutionary hitting feel and improved shot control, enhancing player performance on the court
• In December 2022, Yonex Co. Ltd. launched the 7th generation VCORE tennis racket, designed to produce a trajectory spin ball that drops and bounces more effectively. This innovation allows players to execute a wider range of strategic and aggressive gameplay
• In September 2021, Goode Sports' Ashaway brand released two new badminton rackets, Superlight 11 Hex and Phantom XA Pro Lite, featuring a superlight frame for faster shots. In addition, the company introduced a new racket bag, AHS09, in Black/Lava color, designed to carry up to two rackets at a time

SKU-65682