South & Central America Tennis Racquet Market Forecast to 2030

South & Central 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 South & Central America tennis racquet market is expected to grow from US$ 14.93 million in 2023 to US$ 20.27 million by 2030. It is estimated to grow at a CAGR of 4.5% from 2023 to 2030.

Adoption of Tennis as Recreational Sport in Young Population Fuels the South & Central America Tennis Racquet 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. 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.

South & Central America Tennis Racquet Market Overview

The South & Central America region includes Brazil, Argentina, and the Rest of South and Central America. Tennis is becoming more popular in the region as people become more conscious of the importance of a healthy lifestyle. There are increasing tennis events in the region. Several factors are attributed to the positive trends in the tennis industry, including tennis being the ideal social-distancing sport, health benefits, etc. Thus, creating demand for tennis equipment, including tennis racquets, in the region.

In May 2022, The Association of Tennis Professionals (ATP) and the Confederation of South American Tennis (COSAT) announced that Rio de Janeiro, Brazil, will host the first-ever ATP Challenger Tour workshop in South America from 14-15 July 2022. The forum encourages open dialogue between tournaments, federations, and ATP staff to enhance the region’s existing structure and provide new growth strategies in the South & Central America tennis industry. The region also focuses on providing more opportunities to the players and inspiring younger players to pick up a racquet and give them the incentive to play sports at a large scale. All such factors support the region’s tennis racquet market growth.

South & Central America Tennis Racquet Market Revenue and Forecast to 2030 (US$ Million)

Asia Pacific Tennis Racquet Market Segmentation

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

Based on distribution channel, the South & Central 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 South & Central America tennis racquet market in 2023.

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

Based on country, the South & Central America tennis racquet market is segmented into the Brazil, Argentina, and Rest of South & Central America. Brazil dominated the South & Central 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 South & Central America tennis racquets market.

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At 4.5% CAGR, the South & Central America Tennis Racquet Market is speculated to be worth US$ 20.27 million by 2030, saysthe research team

According tothe research team’ research, the South & Central America tennis racquet market was valued at US$ 14.93 million in 2023 and is expected to reach US$ 20.27 million by 2030, registering a CAGR of 4.5% from 2023 to 2030. Rising government support to sports is the critical factor attributed to South & Central America market expansion.

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. Local governments of important cities are working to promote sports traditionally played only by the elite, such as tennis.

Also, thousands of athletes can now obtain financing and carry out sport-related social projects as the Brazilian government has focused on analyzing the cumulative projects of the Sports Incentive Law in addition to the analysis of all the cumulative rendering of accounts. In addition, the Brazilian government exceeded the milestone of 4,400 sports infrastructure projects completed in 2022. These projects included stadiums, skating rinks, tennis courts, swimming pools, soccer fields, stadiums, and outdoor gyms. Therefore, rising government initiatives and support are anticipated to facilitate the scope of tennis, thus creating ample opportunities for tennis racquet market growth, and expanding the utility of racquets during the forecast period.

Based on distribution channel, the South & Central America tennis racquet market is segmented into supermarkets & hypermarkets, specialty stores, online stores, and others. The supermarkets & hypermarkets segment held 34.6% share of South & Central America tennis racquet market in 2023, amassing US$ 5.17 million. It is projected to garner US$ 7.22 million by 2030 to expand at 4.9% CAGR during 2023–2030.

Based on end-user, the South & Central America tennis racquet market is segmented into adults and kids. The adults segment held 91.9% share of South & Central America tennis racquet market in 2023, amassing US$ 13.72 million. It is projected to garner US$ 18.76 million by 2030 to expand at 4.6% CAGR during 2023–2030.

Based on country, the South & Central America tennis racquet market has been categorized into the Brazil, Argentina, and Rest of South & Central America. Our regional analysis states that the Brazil captured 43.1% share of South & Central America tennis racquet market in 2023. It was assessed at US$ 6.44 million in 2023 and is likely to hit US$ 9.18 million by 2030, exhibiting a CAGR of 5.2% during the forecast period.

Key players operating in the South & Central America tennis racquet market are YONEX Co., Ltd.; Sumitomo Rubber Industries Ltd; 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 South & Central America Structural Heart Market – by Product
1.3.2 South & Central America Structural Heart Market – by Procedure
1.3.3 South & Central America Structural Heart Market – by End User
1.3.4 South & Central America Structural Heart Market – by Country
2. South & Central America Structural Heart Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. South & Central America Structural Heart Market – Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 South & Central America PEST Analysis
4.3 Expert’s Opinion
5. South & Central 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. Structural Heart Market – South & Central America Analysis
6.1 South & Central America Structural Heart Market Revenue Forecast and Analysis
7. South & Central America Structural Heart Market – Revenue and Forecast to 2028 – by Product
7.1 Overview
7.2 South & Central America Structural Heart Market Revenue Share, by Product 2021 & 2028 (%)
7.3 Occluders
7.3.1 Overview
7.3.2 Occluders: South & Central America Structural Heart Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Annuloplasty Rings
7.4.1 Overview
7.4.2 Annuloplasty Rings: South & Central 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: South & Central America Structural Heart Market – Revenue and Forecast to 2028 (US$ Million)
7.6 Others
7.6.1 Overview
7.6.2 Others: South & Central America Structural Heart Market – Revenue and Forecast to 2028 (US$ Million)
8. South & Central America Structural Heart Market – Revenue and Forecast to 2028 – by Procedure
8.1 Overview
8.2 South & Central 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: South & Central 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: South & Central 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: South & Central America Structural Heart Market – Revenue and Forecast to 2028 (US$ Million)
9. South & Central America Structural Heart Market – Revenue and Forecast to 2028 – by End User
9.1 Overview
9.2 South & Central America Structural Heart Market Revenue Share, by End User 2021 & 2028 (%)
9.3 Hospitals
9.3.1 Overview
9.3.2 Hospitals: South & Central 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: South & Central America Structural Heart Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Cardiac Centers
9.5.1 Overview
9.5.2 Cardiac Centers: South & Central America Structural Heart Market – Revenue and Forecast to 2028 (US$ Million)
10. South & Central America Structural Heart Market – Revenue and Forecast to 2028 -Country Analysis
10.1 South & Central America South & Central America Structural Heart Market
10.1.1 Overview
10.1.2 South & Central America: South & Central America Structural Heart Market, by Country, 2021 & 2028 (%)
10.1.2.1 Brazil: South & Central America Structural Heart Market – Revenue and Forecast to 2028 (US$ Million)
10.1.2.1.1 Overview
10.1.2.1.2 Brazil: South & Central America Structural Heart Market – Revenue and Forecast to 2028 (US$ Million)
10.1.2.1.3 Brazil: South & Central America Structural Heart Market, by Product, 2019-2028 (USD Million)
10.1.2.1.4 Brazil: South & Central America Structural Heart Market, by Procedure, 2019-2028 (USD Million)
10.1.2.1.4.1 Brazil: South & Central America Structural Heart Market, by Heart Valve Stenosis Procedure, 2019-2028 (USD Million)
10.1.2.1.4.2 Brazil: South & Central America Structural Heart Market, by Heart Valve Regurgitation Procedure, 2019-2028 (USD Million)
10.1.2.1.5 Brazil: South & Central America Structural Heart Market, by End User, 2019-2028 (USD Million)
10.1.2.2 Argentina: South & Central America Structural Heart Market – Revenue and Forecast to 2028 (US$ Million)
10.1.2.2.1 Overview
10.1.2.2.2 Argentina: South & Central America Structural Heart Market – Revenue and Forecast to 2028 (US$ Million)
10.1.2.2.3 Argentina: South & Central America Structural Heart Market, by Product, 2019-2028 (USD Million)
10.1.2.2.4 Argentina: South & Central America Structural Heart Market, by Procedure, 2019-2028 (USD Million)
10.1.2.2.4.1 Argentina: South & Central America Structural Heart Market, by Heart Valve Stenosis Procedure, 2019-2028 (USD Million)
10.1.2.2.4.2 Argentina: South & Central America Structural Heart Market, by Heart Valve Regurgitation Procedure, 2019-2028 (USD Million)
10.1.2.2.5 Argentina: South & Central America Structural Heart Market, by End User, 2019-2028 (USD Million)
10.1.2.3 Rest of South & Central America: South & Central America Structural Heart Market – Revenue and Forecast to 2028 (US$ Million)
10.1.2.3.1 Overview
10.1.2.3.2 Rest of South & Central America: South & Central America Structural Heart Market – Revenue and Forecast to 2028 (US$ Million)
10.1.2.3.3 Rest of South & Central America: South & Central America Structural Heart Market, by Product, 2019-2028 (USD Million)
10.1.2.3.4 Rest of South & Central America: South & Central America Structural Heart Market, by Procedure, 2019-2028 (USD Million)
10.1.2.3.4.1 Rest of South & Central America: South & Central America Structural Heart Market, by Heart Valve Stenosis Procedure, 2019-2028 (USD Million)
10.1.2.3.4.2 Rest of South & Central America: South & Central America Structural Heart Market, by Heart Valve Regurgitation Procedure, 2019-2028 (USD Million)
10.1.2.3.5 Rest of South & Central America: South & Central America Structural Heart Market, by End User, 2019-2028 (USD Million)
11. South & Central 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 Braile Biomedica Industry, Commerce and Representations 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
13. Appendix
13.1 About
13.2 Glossary of Terms

LIST OF TABLES

Table 1. Tennis Racquet Market –Revenue and Forecast to 2030 (US$ Million)
Table 2. Brazil Tennis Racquet Market, by End-User – Revenue and Forecast to 2030 (US$ Million)
Table 3. Brazil Tennis Racquet Market, by Distribution Channel – Revenue and Forecast to 2030 (US$ Million)
Table 4. Argentina Tennis Racquet Market, by End-User – Revenue and Forecast to 2030 (US$ Million)
Table 5. Argentina Tennis Racquet Market, by Distribution Channel – Revenue and Forecast to 2030 (US$ Million)
Table 6. Rest of South & Central America Tennis Racquet Market, by End-User – Revenue and Forecast to 2030 (US$ Million)
Table 7. Rest of South & Central America Tennis Racquet Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 8. Glossary of Terms, South & Central America Tennis Racquet Market

LIST OF FIGURES

Figure 1. South & Central America Tennis Racquet Market Segmentation
Figure 2. South & Central America Tennis Racquet Market Segmentation – By Country
Figure 3. South & Central America Tennis Racquet Market Overview
Figure 4. South & Central America Tennis Racquet Market, By Distribution Channel
Figure 5. South & Central America Tennis Racquet Market, by Country
Figure 6. South and Central America – PEST Analysis
Figure 7. Expert Opinion
Figure 8. South & Central America Tennis Racquet Market Impact Analysis of Drivers and Restraints
Figure 9. Tennis Racquet Market – Revenue and Forecast to 2030 (US$ Million)
Figure 10. 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. South & Central America Tennis Racquet Market Revenue Share, By Distribution Channel (2022 and 2030)
Figure 14. South & Central America Supermarkets and Hypermarkets: Tennis Racquet Market – Revenue and Forecast to 2030 (US$ Million)
Figure 15. South & Central America Specialty Stores: Tennis Racquet Market – Revenue and Forecast to 2030 (US$ Million)
Figure 16. South & Central America Online Retail: Tennis Racquet Market – Revenue and Forecast to 2030 (US$ Million)
Figure 17. South & Central America Others: Tennis Racquet Market – Revenue and Forecast to 2030 (US$ Million)
Figure 18. South & Central America: Tennis Racquet Market, By Key Country – Revenue (2022) (US$ Million)
Figure 19. South & Central America: Tennis Racquet Market Revenue Share, by Key Country (2022 and 2030)
Figure 20. Brazil: Tennis Racquet Market –Revenue and Forecast to 2030 (US$ Million)
Figure 21. Argentina: Tennis Racquet Market –Revenue and Forecast to 2030 (US$ Million)
Figure 22. Rest of South & Central America: Tennis Racquet Market –Revenue and Forecast to 2030 (US$ Million)

The List of Companies – South & Central America Tennis Racquet Market

– Authentic Brand Group LLC
– Babolat
– GAMMA Sports
– Maus Feres SA
– Pacific Holding Gmbh
– Sumitomo Rubber Industries Ltd
– Wilson Sporting Goods
– Yonex Co., Ltd.

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