Global Squash Rackets Market, By 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), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights: Global Squash Rackets Market
The squash rackets market is expected to witness market growth at a rate of 3.8% in the forecast period of 2021 to 2028 and is expected to reach the value of USD 276.26 million by 2028. Data Bridge Market Research report on squash rackets market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. Rapid urbanization is escalating the growth of squash rackets market.
Squash rackets, also known as squash, refer to singles or doubles game that is played in a four-walled court with a long-handled strung racket and small rubber ball. The game uses the same principle as rackets, however the court is smaller. The game is usually played by two people, but it could be upgraded by four in doubles.
The rise in the popularity of squash among population across the globe acts as one of the major factors driving the growth of squash rackets market. The presence of large number of tournaments and world championships held by international sports associations such as the World Squash Federation (WSF) and Professional Squash Association (PSA), and increase in awareness regarding the importance of racket sports for enhanced muscular strength and flexibility accelerate the market growth. The surge in initiatives to revive the sports culture and to develop a strong framework for all types of sports and games, and increase in demand for carbon fiber-based rackets owning to their lightweight, high strength and durability for a better combination of swing, balance, and weight further influence the market. Additionally, surge in disposable income, increase in participation in games and sports, growth in health consciousness, adoption of smart strategic marketing activities and high e-commerce sales channels positively affect the squash rackets market. Furthermore, constant product innovations extend profitable opportunities to the market players in the forecast period of 2021 to 2028.
- On the other hand, concerns regarding potential injuries and high cost associated with the game are expected to obstruct the market growth. The intense lateral movements causing long term knee and joint problems are projected to challenge the squash rackets market in the forecast period of 2021-2028.
This squash rackets 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, geographical expansions, technological innovations in the market. To gain more info on squash rackets market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Squash Rackets Market Scope and Market Size
The squash rackets market is segmented on the basis of balance, construction, weight, player, frame material and sales channel. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of balance, the squash rackets market is segmented into head heavy, head light, and even.
- On the basis of construction, the squash rackets market is segmented into open throat, closed throat and hybrid.
- On the basis of weight, the squash rackets market is segmented into heavy and light.
- On the basis of player, the squash rackets market is segmented into beginner, intermediate, and advanced.
- On the basis of frame material, the squash rackets market is segmented into aluminum and composite.
- On the basis of sales channel, the squash rackets market is segmented into independent sport outlets, franchised sport outlets, modern trade, sports retail chain, direct to consumer online, direct to customer institutional and third-party online.
Squash Rackets Market Country Level Analysis
The squash rackets market is analysed and market size, volume information is provided by country, balance, construction, weight, player, frame material and sales channel as referenced above.
The countries covered in the squash rackets market report are the 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, Israel, Egypt, South Africa, 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 because of the various squash tournaments hosted within the region. Europe is expected to witness high growth during the forecast period of 2021 to 2028 because of the new product launches with high power features by key manufacturers in the region.
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 consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, 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.
Competitive Landscape and Squash Rackets Market Share Analysis
The squash rackets 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 squash rackets market.
The major players covered in the squash rackets market reports are Amer Sports, Dunlop Sports, HEAD, Prince Global Sports, Tecnifibre, Kamachi Group, Ektelon LLC, Black Knight Enterprises, Soccer International Private Limited, OLIVER Sport & Squash GmbH, SporT One S.r.l., Black Knight Enterprises Ltd., Harrow Sports, Babolat, and Wilson Sporting Goods, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand.
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