Europe Tennis Racquet Market Forecast to 2030

Europe Tennis Racquet Market Forecast to 2030 – Regional Analysis – End User (Adults and Kids) and Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Online Retail, and Others)

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Description

The Europe tennis racquet market is expected to grow from US$ 125.45 million in 2023 to US$ 155.92 million by 2030. It is estimated to grow at a CAGR of 3.2% from 2023 to 2030.

Rising Government Support to Sports Fuels the Europe Tennis Racquet Market.

The rising commitment of governments to sports has opened up new opportunities for sports such as tennis as opposed to earlier times when tennis was generally played only during Wimbledon in Europe. However, now, tennis has been widely played during numerous other events such as Commonwealth Games and Olympics. In addition to this, local governments continue to build additional facilities, including tennis courts., children’s parks, and outdoor fitness areas within public spaces. Therefore, rising government initiatives and support are anticipated to facilitate the scope of tennis, thus creating ample opportunities for market growth and expanding the utility of racquets during the forecast period.

Moreover, nowadays, tennis equipment such as racquets frames that had been of a standard size and shape and constructed primarily of laminated wood were suddenly manufactured in a varied choice of shapes, sizes, and materials, the most substantial milestones being the introduction of metal frames. Sports associations and governments have been at the forefront of developments over the last few years. Efforts for rising sports participation, concentrating on tennis, have been highly observed in countries such as the UK. For instance, in 2019, the Lawn Tennis Association (LTA) announced the expansion of hundreds of new indoor tennis courts in communities across the UK over the next ten years, which is projected to benefit over three million players.

Europe Tennis Racquet Market Overview

Europe comprises of various significant economies, including Germany, France, Italy, the UK, Russia, among others. Tennis is amongst the most popular sports in the region. In December 2022, the report by the International Tennis Federation (ITF) revealed that in Europe, 16,102 players (8,711 boys and 7,391 girls) competed at the International Tennis Federation (ITF)’s ‘World Tennis Tour Juniors’ events in 2021, beating the previous best of 14,832 in 2019. Hence, the emerging group of players across Europe is projected to aid the adoption of tennis over the coming years. Moreover, the International Tennis Federation (ITF) published an article in February 2022 mentioning that the greatest number of coaches (59.9%) are registered in Europe.

Consequently, Europe boasts the highest proportion of coaches relative to tennis players (253 players to every coach). In 2019, Europe was also the most represented region at Grand Slam tournaments, with 55.1% of junior players and 65.2% of professional players. Hence, the highest proportion of coaches, coupled with the representation of Grand Slam tournaments, have increased the popularity of tennis in the region.

Further, various organizations are organizing tennis championships and events across the region, driving sports enthusiasts’ participation. For instance, Tennis Europe is the European Tennis Federation, which has 50 member countries and organizes approximately 1,200 tennis events annually. Such organizations encourage people across the region to participate in tennis by sanctioning, managing, and supporting different international tennis events, potentially driving the growth of the Europe tennis racquet market. Some of the world-famous tennis players, including Novak Djokovic, Andy Murray, Marin Cilic, Kim Clijsters, and Justine Henin, among others, are from Europe that are inspiring many young sports enthusiasts across the region, which is expected to further boost the tennis racquet market growth over the forecast period. Manufacturers of tennis racquets have potential growth opportunities to expand their business operations across Europe owing to the presence of a large customer base coupled with high product demand. Moreover, the rapidly developing organized retail sector across the region is enabling high accessibility and easy availability of sports merchandise, which extensively favors the tennis racquet market growth.

Europe Tennis Racquet Market Revenue and Forecast to 2030 (US$ Million)

Europe Tennis Racquet Market Segmentation

The Europe tennis racquet market is segmented into distribution channel, end user, and country.

Based on distribution channel, the Europe tennis racquet market is segmented into supermarkets & hypermarkets, specialty store, online retail, and others. The supermarkets & hypermarkets segment held a largest share of the Europe tennis racquet market in 2023.

Based on end user, the Europe tennis racquet market is segmented into adults and kids. The adults segment held the larger share of the Europe tennis racquet market in 2023.

Based on country, the Europe tennis racquet market is segmented into the Germany France, Italy, UK, Russia, and Rest of Europe. Germany dominated the Europe tennis racquet market in 2023.

YONEX Co., Ltd.; Sumitomo Rubber Industries Ltd; HEAD; Babolat; Wilson Sporting Goods; GAMMA Sports; PACIFIC Holding GmbH; Maus Frères SA; and Authentic Brands Group LLC are some of the leading companies operating in the Europe tennis racquets market.

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At 3.2% CAGR, the Europe Tennis Racquet Market is speculated to be worth US$ 155.92 million by 2030, saysthe research team

According tothe research team’ research, the Europe tennis racquet market was valued at US$ 125.45 million in 2023 and is expected to reach US$ 155.92 million by 2030, registering a CAGR of 3.2% from 2023 to 2030. Adoption of eco-friendly material for tennis racquets is the critical factor attributed to Europe tennis racquet market expansion.

From most tennis consumers ‘ viewpoint, the life cycle of a tennis racket is just from purchasing a brand-new racket to tossing away a worn-out racquet. However, the life cycle of a racquet is beyond that when environmental impacts are considered – from obtaining raw materials to decomposing the racquet. Assessing the life cycle of the tennis racquet opens another standpoint for consumers, especially looking into the materials needed to make, transport, distribute, and recycle a tennis racquet, which indicates the impact of a single tennis racquet on the environment. In February 2022, the Public Environmental Center for Sustainable Development (PECSD) found that over 90% of the one-and-a-half tons of waste collected are plastic bottles, cups, bags, stirrers, utensils, sunscreen wrappers, belts, toys, and even tennis racquets. Hence, manufacturers are adopting advanced technologies in manufacturing tennis racquets to minimize tennis racquet waste and encourage players to adopt eco-friendly tennis racquets. For instance, on April 22, 2022, Wilson Sporting Goods announced the launch of their eco-friendly tennis racquet series in celebration of Earth Day. The eco-conscious collection, including three performance rackets, features bio-based and recycled material from Agiplast technology by Arkema and waterborne paints from Sherwin Williams, eventually decreasing the footprint of each racket produced. On the other hand, in May 2023, Luxilon released the first 100%-recycled string used in tennis racquets. Luxilon Eco Power is a performance tennis string innovated from entirely recycled materials composed of old plastic bottles, and the minimalist packaging also trims down on the amount of paper used to lower waste. Therefore, the presence of tennis brands, such as Yonex Co., Ltd., HEAD, and Wilson Sporting Goods worldwide, operating in the Europe tennis racquet market, has elevated sustainability efforts. All these factors are likely to provide lucrative opportunities for the Europe tennis racquet market during the forecast period.

Based on distribution channel, the Europe tennis racquet market is segmented into supermarkets & hypermarkets, specialty stores, online stores, and others. The supermarkets & hypermarkets segment held 35.8% share of Europe tennis racquet market in 2023, amassing US$ 44.91 million. It is projected to garner US$ 57.65 million by 2030 to expand at 3.6% CAGR during 2023–2030.

Based on end-user, the Europe tennis racquet market is segmented into adults and kids. The adults segment held 86.9% share of Europe tennis racquet market in 2023, amassing US$ 109.03 million. It is projected to garner US$ 136.83 million by 2030 to expand at 3.3% CAGR during 2023–2030.

Based on country, the Europe tennis racquet market has been categorized into the Germany, France, Italy, the UK, Russia, and the Rest of Europe. Our regional analysis states that Germany captured 26.5% share of Europe tennis racquet market in 2023. It was assessed at US$ 33.30 million in 2023 and is likely to hit US$ 43.53 million by 2030, exhibiting a CAGR of 3.9% during the forecast period.

Key players operating in the Europe Tennis Racquet Market are YONEX Co., Ltd.; Sumitomo Rubber Industries Ltd; Babolat; Wilson Sporting Goods; GAMMA Sports; HEAD; PACIFIC Holding GmbH; Maus Frères SA; and Authentic Brands Group LLC among others.

In Jan 2022, HEAD launched the ‘BOOM’ tennis racquet series, which has a state-of-the-art Auxetic construction in the yoke piece, giving an optimal impact feel. In April 2022, in celebration of Earth Day, Wilson Sporting Goods Co. announced the launch of their earth day tennis racket series. It features bio-based and recycled material from Agiplast technology by Arkema and waterborne paints from Sherwin Williams, ultimately decreasing the footprint of each racket produced.

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TABLE OF CONTENTS

1. Introduction
1.1 Scope of the Study
1.2 Market Segmentation
1.2.1 North America Structural Heart Market – by Product
1.2.2 North America Structural Heart Market – by Procedure
1.2.3 North America Structural Heart Market – by End User
1.2.4 North America Structural Heart Market – by Country
2. North America Structural Heart Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Structural Heart Market – Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 North America PEST Analysis
4.3 Expert’s Opinion
5. North America Structural Heart Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Availability of Innovative Structural Heart Services
5.1.2 Rising Number of Cardiovascular Disease Cases and Training Programs
5.2 Key Market Restraints
5.2.1 High Cost of Procedures
5.2.2 Stringent Regulations Regarding Structure Heart Devices
5.3 Key Market Opportunities
5.3.1 Growing Use of Artificial Intelligence in Structural Heart
5.4 Future Trends
5.4.1 Technological Advancements in the Field of Structural Heart Devices
5.5 Impact analysis
6. North America Structural Heart Market -North America Analysis
6.1 North America Structural Heart Market Revenue Forecast and Analysis
7. North America Structural Heart Market – Revenue and Forecast to 2028 – by Product
7.1 Overview
7.2 North America Structural Heart Market Revenue Share, by Product 2021 & 2028 (%)
7.3 Occluders
7.3.1 Overview
7.3.2 Occluders: North America Structural Heart Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Annuloplasty Rings
7.4.1 Overview
7.4.2 Annuloplasty Rings: North America Structural Heart Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Heart Valve Balloons
7.5.1 Overview
7.5.2 Heart Valve Balloons: North America Structural Heart Market – Revenue and Forecast to 2028 (US$ Million)
7.6 Others
7.6.1 Overview
7.6.2 Others: North America Structural Heart Market – Revenue and Forecast to 2028 (US$ Million)
8. North America Structural Heart Market – Revenue and Forecast to 2028 – by Procedure
8.1 Overview
8.2 North America Structural Heart Market Revenue Share, by Procedure 2021 & 2028 (%)
8.3 Heart Valve Stenosis
8.3.1 Overview
8.3.2 Heart Valve Stenosis: North America Structural Heart Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Heart Valve Regurgitation
8.4.1 Overview
8.4.2 Heart Valve Regurgitation: North America Structural Heart Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Left Atrial Appendage Closure
8.5.1 Overview
8.5.2 Left Atrial Appendage Closure: North America Structural Heart Market – Revenue and Forecast to 2028 (US$ Million)
9. North America Structural Heart Market – Revenue and Forecast to 2028 – by End User
9.1 Overview
9.2 North America Structural Heart Market Revenue Share, by End User 2021 & 2028 (%)
9.3 Hospitals
9.3.1 Overview
9.3.2 Hospitals: North America Structural Heart Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Ambulatory Surgical Centers
9.4.1 Overview
9.4.2 Ambulatory Surgical Centers: North America Structural Heart Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Cardiac Centers
9.5.1 Overview
9.5.2 Cardiac Centers: North America Structural Heart Market – Revenue and Forecast to 2028 (US$ Million)
10. North America Structural Heart Market – Revenue and Forecast to 2028 -Country Analysis
10.1 North America: North America Structural Heart Market
10.1.1 Overview
10.1.1.1 United States: North America Structural Heart Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 Overview
10.1.1.1.2 United States: North America Structural Heart Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.3 United States: North America Structural Heart Market , by Product, 2019-2028 (US$ Million)
10.1.1.1.4 United States: North America Structural Heart Market , by Procedure, 2019-2028 (US$ Million)
10.1.1.1.5 United States: North America Structural Heart Market , by Heart Valve Stenosis Procedure, 2019-2028 (US$ Million)
10.1.1.1.6 United States: North America Structural Heart Market , by Heart Valve Regurgitation Procedure, 2019-2028 (US$ Million)
10.1.1.1.7 United States: North America Structural Heart Market , by End User, 2019-2028 (US$ Million)
10.1.1.2 Canada: North America Structural Heart Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 Overview
10.1.1.2.2 Canada: North America Structural Heart Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.3 Canada: North America Structural Heart Market , by Product, 2019-2028 (US$ Million)
10.1.1.2.4 Canada: North America Structural Heart Market , by Procedure, 2019-2028 (US$ Million)
10.1.1.2.5 Canada: North America Structural Heart Market , by Heart Valve Stenosis Procedure, 2019-2028 (US$ Million)
10.1.1.2.6 Canada: North America Structural Heart Market , by Heart Valve Regurgitation Procedure, 2019-2028 (US$ Million)
10.1.1.2.7 Canada: North America Structural Heart Market , by End User, 2019-2028 (US$ Million)
10.1.1.3 Mexico: North America Structural Heart Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 Overview
10.1.1.3.2 Mexico: North America Structural Heart Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.3 Mexico: North America Structural Heart Market , by Product, 2019-2028 (US$ Million)
10.1.1.3.4 Mexico: North America Structural Heart Market , by Procedure, 2019-2028 (US$ Million)
10.1.1.3.5 Mexico: North America Structural Heart Market , by Heart Valve Stenosis Procedure, 2019-2028 (US$ Million)
10.1.1.3.6 Mexico: North America Structural Heart Market , by Heart Valve Regurgitation Procedure, 2019-2028 (US$ Million)
10.1.1.3.7 Mexico: North America Structural Heart Market , by End User, 2019-2028 (US$ Million)
11. North America Structural Heart Market -Industry Landscape
11.1 Overview
11.2 Growth Strategies
11.2.1 Overview
12. Company Profiles
12.1 Abbott Laboratories
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Medtronic Plc
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Boston Scientific Corp
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Artivion Inc
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Edwards Lifesciences Corp
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Lepu Medical Technology Beijing Co Ltd
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Braile Biomedica Industry, Commerce and Representations Ltd
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Micro Interventional Devices Inc
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
13. Appendix
13.1 About
13.2 Glossary of Terms

LIST OF TABLES

Table 1. Europe Tennis Racquet Market –Revenue and Forecast to 2030 (US$ Million)
Table 2. Germany Tennis Racquet Market, by End-User – Revenue and Forecast to 2030 (US$ Million)
Table 3. Germany Tennis Racquet Market, by Distribution Channel – Revenue and Forecast to 2030 (US$ Million)
Table 4. France Tennis Racquet Market, by End-User – Revenue and Forecast to 2030 (US$ Million)
Table 5. France Tennis Racquet Market, by Distribution Channel – Revenue and Forecast to 2030 (US$ Million)
Table 6. Italy Tennis Racquet Market, by End-User – Revenue and Forecast to 2030 (US$ Million)
Table 7. Italy Tennis Racquet Market, by Distribution Channel – Revenue and Forecast to 2030 (US$ Million)
Table 8. United Kingdom Tennis Racquet Market, by End-User – Revenue and Forecast to 2030 (US$ Million)
Table 9. United Kingdom Tennis Racquet Market, by Distribution Channel – Revenue and Forecast to 2030 (US$ Million)
Table 10. Russia: Tennis Racquet Market, by End-User– Revenue and Forecast to 2030 (US$ Million)
Table 11. Russia: Tennis Racquet Market, by Distribution Channel – Revenue and Forecast to 2030 (US$ Million)
Table 12. Rest of Europe Tennis Racquet Market, by End-User – Revenue and Forecast to 2030 (US$ Million)
Table 13. Rest of Europe Tennis Racquet Market, by Distribution Channel – Revenue and Forecast to 2030 (US$ Million)
Table 14. Glossary of Terms, Europe Tennis Racquet Market

LIST OF FIGURES

Figure 1. Europe Tennis Racquet Market Segmentation
Figure 2. Europe Tennis Racquet Market Segmentation – By Country
Figure 3. Europe Tennis Racquet Market Overview
Figure 4. Europe Tennis Racquet Market, By Distribution Channel
Figure 5. Europe Tennis Racquet Market, by Country
Figure 6. Europe – PEST Analysis
Figure 7. Expert Opinion
Figure 8. Europe Tennis Racquet Market Impact Analysis of Drivers and Restraints
Figure 9. Europe Tennis Racquet Market – Revenue and Forecast to 2030 (US$ Million)
Figure 10. Europe Tennis Racquet Market Revenue Share, By End-User (2022 and 2030)
Figure 11. Adults: Europe Tennis Racquet Market – Revenue and Forecast to 2030 (US$ Million)
Figure 12. Kids: Europe Tennis Racquet Market – Revenue and Forecast to 2030 (US$ Million)
Figure 13. Europe Tennis Racquet Market Revenue Share, By Distribution Channel (2022 and 2030)
Figure 14. Supermarkets and Hypermarkets: Europe Tennis Racquet Market – Revenue and Forecast to 2030 (US$ Million)
Figure 15. Specialty Stores: Europe Tennis Racquet Market – Revenue and Forecast to 2030 (US$ Million)
Figure 16. Online Retail: Europe Tennis Racquet Market – Revenue and Forecast to 2030 (US$ Million)
Figure 17. Others: Europe Tennis Racquet Market – Revenue and Forecast to 2030 (US$ Million)
Figure 18. Europe Tennis Racquet Market, by Key Country– Revenue (2022) (US$ Million)
Figure 19. Europe: Tennis Racquet Market Revenue Share, by Key Country (2022 and 2030)
Figure 20. Germany: Tennis Racquet Market–Revenue and Forecast to 2030 (US$ Million)
Figure 21. France: Tennis Racquet Market–Revenue and Forecast to 2030 (US$ Million)
Figure 22. Italy: Tennis Racquet Market–Revenue and Forecast to 2030 (US$ Million)
Figure 23. United Kingdom: Tennis Racquet Market–Revenue and Forecast to 2030 (US$ Million)
Figure 24. Russia: Tennis Racquet Market–Revenue and Forecast to 2030 (US$ Million)
Figure 25. Rest of Europe: Tennis Racquet Market –Revenue and Forecast to 2030 (US$ Million)

The List of Companies – Europe Tennis Racquet Market

– YONEX Co. Ltd.
– Sumitomo Rubber Industries Ltd
– HEAD
– Babolat
– Wilson Sporting Goods
– GAMMA Sports
– PACIFIC Holding Gmbh
– Maus Frères SA
– Authentic Brands Group LLC

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