North America Tennis Racquet Market Forecast to 2030

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

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Description

The North America tennis racquet market is expected to grow from US$ 139.62 million in 2023 to US$ 181.51 million by 2030. It is estimated to grow at a CAGR of 3.8% from 2023 to 2030.

Adoption of tennis as recreational sport in young population and rising government support to sports fuels the North America tennis racquets market

Growing awareness regarding the significance of sports in sustaining fitness and health has increased the participation rate in tennis worldwide. Furthermore, tennis has gained significant popularity, particularly among the elderly population, in matured economies including Germany, France, and the US. Moreover, it also exhibits certain advantages such as increasing aerobic activities, lowering resting heart rate and blood pressure, improving metabolic function, and increasing bone density. In addition to this, cardio tennis has gained remarkable popularity among all age groups. It is a group activity that includes a high-energy workout, including warm-up and cardio workouts to burn calories in a healthy way. Cardio tennis follows the positive trends in group exercise and fitness, and Net Generation is also focusing on bringing more youth into the sport. On January 12, 2023, The United States Tennis Association (USTA), stated that the number of US tennis participants grew by 1 million players in 2022, with more than 23.6 million playing tennis, and it was the third consecutive year that the sport had seen an increase. As the participants are entering maturity and consequently experiencing increased flexible income, spending on participation in multiple sports activities has increased. This has been highly beneficial for the development of the tennis industry, and demand for tennis equipment is projected to support the expansion of the tennis racquet market over the forecast period.

North America Tennis Racquet Market Overview

The North America region includes the US, Canada, and Mexico. The US and Canada are the most prominent sports nations, with various sports facilities and infrastructure, hosting major sporting events in the countries. Increased awareness about a healthy lifestyle associated with playing tennis is expected to boost the growth of the tennis racquet market during the forecast period. Growing fitness consciousness among all age groups has increased the participation rate of people in sports, which benefits not only the nation’s health but also the economy. Additionally, the increased participation of the population in tennis has also been supported due to the increased adoption of tennis as a recreational sport among the youth. According to the United States Tennis Association (USTA), the US tennis participation grew by 1 million players in 2022, with over 23.6 million people playing the sport, for the third consecutive year, and sports participation has increased. In Canada, tennis participation also increased by 1 million players in 2022, according to a report by the Physical Activity Council (PAC), released on March 14, 2023. Hence, the results mentioned above favor the growth of the tennis racquet market.

Further, the rising tennis associations’ support across the region has encouraged the players to adopt the tennis racquet. For instance, the United States Tennis Association (USTA) Foundation has contributed over US$ 7 million in support, services and allocated to National Junior Tennis League (NJTL) chapters, which support under-resourced youth through free or low-cost tennis and education programs. Additionally, it awarded over US$ 435,000 in scholarships for 46 student leaders in 2022. Thus, massive support by the associations tends to result in the vast adoption of tennis amongst the population, projected to drive the tennis racquet market growth.

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

North America tennis racquet market Segmentation

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

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

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

Based on country, the North America tennis racquet market is segmented into the US, Canada, and Mexico. The US dominated the North America 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 North America tennis racquets market.

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At 3.8% CAGR, the North America Tennis Racquet Market is speculated to be worth US$ 181.51 million by 2030, saysthe research team

According tothe research team’ research, the North America tennis racquet market was valued at US$ 139.62 million in 2023 and is expected to reach US$ 181.51 million by 2030, registering a CAGR of 3.8% from 2023 to 2030. New product innovation is the critical factor attributed to North America tennis racquet market expansion.

The demand for tennis racquet products is surging due to new product innovations by various market players such as, Yonex Co., Ltd. The company announced the launch of the 7th-generation VCORE racquet in January 2023. The 7th-generation VCORE racquet features a high trajectory spin ball that drops and bounces on a grand scale, allowing players a more comprehensive range of strategic and aggressive gameplay. Similarly, the DUNLOP brand of Sumitomo Rubber Industries, Ltd. has introduced an innovative CX Series range of control racquets. This innovative range has been designed to give players complete control over their power, spin, and accuracy.

In addition to this, On April 10, 2023, Babolat released the new Pure Aero Rafa racket cosmetic endorsed by Rafael Nadal. It has a much higher swing weight and heavier frame. It is available in the original Aeropro Drive frame construction. Also, the company made available a lighter version. Moreover, the International Tennis Federation (ITF) had previously outlawed the smart racquets in competition; however, players can now use the technology, such as Rafael Nadal’s new racquet and devices like heart-rate monitors that record data about player performance in real time. The first commercial release of tennis sensors was on August 22, 2013, with the Babolat Play. Since then, more and more products have emerged on the market that tries to measure every possible metric of a tennis player to improve performance. Hence, technology is changing the conventional ways of playing recreational and competitive sports such as tennis. Therefore, inertial measurement units (IMU) sensors have a buoyant demand from tennis players. These sensors are placed on the body or sporting equipment to record information, such as velocities, accelerations, and angles, that can be tracked and programmed in tennis. Thus, the increased demand for advanced technology-incorporated tennis racquet, and other related products, along with new product developments, is strongly complementing the market’s growth.

On the contrary, high expenses related to tennis hampers the North America tennis racquet market.

Based on distribution channel, the North America tennis racquet market is segmented into supermarkets and hypermarkets, specialty stores, online retail, and others. The supermarkets & hypermarkets segment held 34.4% share of North America tennis racquet market in 2023, amassing US$ 48.09 million. It is projected to garner US$ 63.83 million by 2030 to expand at 4.1% CAGR during 2023–2030.

Based on end-user, the North America tennis racquet market is segmented into adults and kids. The adults segment held 95.8% share of North America tennis racquet market in 2023, amassing US$ 133.72 million. It is projected to garner US$ 174.31 million by 2030 to expand at 3.9% CAGR during 2023–2030.

Based on country, the North America tennis racquet market has been categorized into the US, Canada, and Mexico. Our regional analysis states that the US captured 90.2% share of North America tennis racquet market in 2023. It was assessed at US$ 125.91 million in 2023 and is likely to hit US$ 164.74 million by 2030, exhibiting a CAGR of 3.9% during the forecast period.

Key players operating in the North America tennis racquet market are 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; among others.

In April 2023, Sumitomo Rubber Industries Ltd.’s Dunlop improved comfort on the ‘Power-Focused FX Tennis Racket. In April 2023, Yonex Co., Ltd. launched a tennis racquet of 7th-Generation VCORE: The Art of Spin.’

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TABLE OF CONTENTS

1. Introduction
1.1 Scope of the Study
1.2 Research Report Guidance
1.3 Market Segmentation
1.3.1 Middle East & Africa Structural Heart Market – by Product
1.3.2 Middle East & Africa Structural Heart Market – by Procedure
1.3.3 Middle East & Africa Structural Heart Market – by End User
1.3.4 Middle East & Africa Structural Heart Market – by Country
2. Middle East & Africa Structural Heart Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Middle East & Africa Structural Heart Market – Market Landscape
4.1 Overview
4.1.1 Middle East & Africa PEST Analysis
4.2 Expert’s Opinion
5. Middle East & Africa 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. Middle East & Africa Structural Heart Market – Middle East & Africa Analysis
6.1 Middle East & Africa Structural Heart Market Revenue Forecast and Analysis
7. Middle East & Africa Structural Heart Market – Revenue and Forecast to 2028 – by Product
7.1 Overview
7.2 Middle East & Africa Structural Heart Market Revenue Share, by Product 2021 & 2028 (%)
7.3 Occluders
7.3.1 Overview
7.3.2 Occluders: Middle East & Africa Structural Heart Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Annuloplasty Rings
7.4.1 Overview
7.4.2 Annuloplasty Rings: Middle East & Africa 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: Middle East & Africa Structural Heart Market – Revenue and Forecast to 2028 (US$ Million)
7.6 Others
7.6.1 Overview
7.6.2 Others: Middle East & Africa Structural Heart Market – Revenue and Forecast to 2028 (US$ Million)
8. Middle East & Africa Structural Heart Market – Revenue and Forecast to 2028 – by Procedure
8.1 Overview
8.2 Middle East & Africa Structural Heart Market Revenue Share, by Procedure 2021 & 2028 (%)
8.3 Heart Valve Stenosis
8.3.1 Overview
8.3.2 Heart Valve Stenosis: Middle East & Africa 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: Middle East & Africa 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: Middle East & Africa Structural Heart Market – Revenue and Forecast to 2028 (US$ Million)
9. Middle East & Africa Structural Heart Market – Revenue and Forecast to 2028 – by End User
9.1 Overview
9.2 Middle East & Africa Structural Heart Market Revenue Share, by End User 2021 & 2028 (%)
9.3 Hospitals
9.3.1 Overview
9.3.2 Hospitals: Middle East & Africa 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: Middle East & Africa Structural Heart Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Cardiac Centers
9.5.1 Overview
9.5.2 Cardiac Centers: Middle East & Africa Structural Heart Market – Revenue and Forecast to 2028 (US$ Million)
10. Middle East & Africa Structural Heart Market – Revenue and Forecast to 2028 – Country Analysis
10.1 Middle East & Africa Structural Heart Market
10.1.1 Overview
10.1.1.1 Saudi Arabia: Middle East & Africa Structural Heart Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 Overview
10.1.1.1.2 Saudi Arabia: Middle East & Africa Structural Heart Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.3 Saudi Arabia: Middle East & Africa Structural Heart Market, by Product, 2019-2028 (USD Million)
10.1.1.1.4 Saudi Arabia: Middle East & Africa Structural Heart Market, by Procedure, 2019-2028 (USD Million)
10.1.1.1.4.1 Saudi Arabia: Middle East & Africa Structural Heart Market, by Heart Valve Stenosis Procedure, 2019-2028 (USD Million)
10.1.1.1.4.2 Saudi Arabia: Middle East & Africa Structural Heart Market, by Heart Valve Regurgitation Procedure, 2019-2028 (USD Million)
10.1.1.1.5 Saudi Arabia: Middle East & Africa Structural Heart Market, by End User, 2019-2028 (USD Million)
10.1.1.2 UAE: Middle East & Africa Structural Heart Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 Overview
10.1.1.2.2 UAE: Middle East & Africa Structural Heart Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.3 UAE: Middle East & Africa Structural Heart Market, by Product, 2019-2028 (USD Million)
10.1.1.2.4 UAE: Middle East & Africa Structural Heart Market, by Procedure, 2019-2028 (USD Million)
10.1.1.2.4.1 UAE: Middle East & Africa Structural Heart Market, by Heart Valve Stenosis Procedure, 2019-2028 (USD Million)
10.1.1.2.4.2 UAE: Middle East & Africa Structural Heart Market, by Heart Valve Regurgitation Procedure, 2019-2028 (USD Million)
10.1.1.2.5 UAE: Middle East & Africa Structural Heart Market, by End User, 2019-2028 (USD Million)
10.1.1.3 South Africa: Middle East & Africa Structural Heart Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 Overview
10.1.1.3.2 South Africa: Middle East & Africa Structural Heart Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.3 South Africa: Middle East & Africa Structural Heart Market, by Product, 2019-2028 (USD Million)
10.1.1.3.4 South Africa: Middle East & Africa Structural Heart Market, by Procedure, 2019-2028 (USD Million)
10.1.1.3.4.1 South Africa: Middle East & Africa Structural Heart Market, by Heart Valve Stenosis Procedure, 2019-2028 (USD Million)
10.1.1.3.4.2 South Africa: Middle East & Africa Structural Heart Market, by Heart Valve Regurgitation Procedure, 2019-2028 (USD Million)
10.1.1.3.5 South Africa: Middle East & Africa Structural Heart Market, by End User, 2019-2028 (USD Million)
10.1.1.3.5.1 South Africa Middle East & Africa Structural Heart Market, by End User – Revenue and forecast to 2028 (USD Million)
10.1.1.4 Rest of Middle East & Africa: Middle East & Africa Structural Heart Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.4.1 Overview
10.1.1.4.2 Rest of Middle East & Africa: Middle East & Africa Structural Heart Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.4.3 Rest of Middle East & Africa: Middle East & Africa Structural Heart Market, by Product, 2019-2028 (USD Million)
10.1.1.4.4 Rest of Middle East & Africa: Middle East & Africa Structural Heart Market, by Procedure, 2019-2028 (USD Million)
10.1.1.4.4.1 Rest of Middle East & Africa: Middle East & Africa Structural Heart Market, by Heart Valve Stenosis Procedure, 2019-2028 (USD Million)
10.1.1.4.4.2 Rest of Middle East & Africa: Middle East & Africa Structural Heart Market, by Heart Valve Regurgitation Procedure, 2019-2028 (USD Million)
10.1.1.4.5 Rest of Middle East & Africa: Middle East & Africa Structural Heart Market, by End User, 2019-2028 (USD Million)
11. Middle East & Africa 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
13. Appendix
13.1 About
13.2 Glossary of Terms

LIST OF TABLES

Table 1. North America Tennis Racquet Market –Revenue and Forecast to 2030 (US$ Million)
Table 2. US Tennis Racquet Market, by End-User – Revenue and Forecast to 2030 (US$ Million)
Table 3. US Tennis Racquet Market, by Distribution Channel – Revenue and Forecast to 2030 (US$ Million)
Table 4. Canada: Tennis Racquet Market, by End-User – Revenue and Forecast to 2030 (US$ Million)
Table 5. Canada Tennis Racquet Market, by Distribution Channel – Revenue and Forecast to 2030 (US$ Million)
Table 6. Mexico Tennis Racquet Market, by End-User – Revenue and Forecast to 2030 (US$ Million)
Table 7. Mexico Tennis Racquet Market, by Distribution Channel – Revenue and Forecast to 2030 (US$ Million)
Table 8. Glossary of Terms, North America Tennis Racquet Market

LIST OF FIGURES

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

The List of Companies – North America Tennis Racquet Market

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

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