South & Central America Tennis Racquet Market Forecast to 2031

At 5.5% CAGR, South & Central America Tennis Racquet Market is Speculated to be Worth US$ 27.08 Million by 2031, says Business Market Insights
According to Business Market Insights’ research, the South & Central America tennis racquet market was valued at US$ 17.61 million in 2023 and is expected to reach US$ 27.08 million by 2031, registering a CAGR of 5.5% from 2023 to 2031. New product innovations and rising government support to sports are among the critical factors attributed to drive the South & Central America tennis racquet market growth.
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 hamper the growth of South & Central America tennis racquet market.
Based on end user, the South & Central America tennis racquet market is bifurcated into adults and kids. The adults segment held a larger market share in 2023. The adults segment held 91.8% market share in 2023, amassing US$ 16.18 million. It is projected to garner US$ 24.95 million by 2031 to register 5.6% CAGR during 2023–2031. Furthermore, the adults segment is sub segmented into men and women.
In terms of material, the South & Central America tennis racquet market is categorized into graphite, titanium, carbon fiber, and others . The carbon fiber segment held 45.2% share of South & Central America tennis racquet market in 2023, amassing US$ 7.96 million. It is anticipated to garner US$ 12.85 million by 2031 to expand at 6.2% CAGR during 2023–2031.
By distribution channel, the South & Central America tennis racquet market is segmented into supermarkets & hypermarkets, specialty stores, online retail, and others . The supermarkets & hypermarkets segment held 34.6% share of South & Central America tennis racquet market in 2023, amassing US$ 6.10 million. It is projected to garner US$ 9.69 million by 2031 to expand at 6.0% CAGR from 2023 to 2031.
Based on country, the South & Central America tennis racquet market is categorized Brazil, Argentina, and the Rest of South & Central America. Our regional analysis states that Brazil captured 42.9% share of South & Central America tennis racquet market in 2023. It was assessed at US$ 7.57 million in 2023 and is likely to hit US$ 12.30 million by 2031, registering a CAGR of 6.3% during 2023–2031.
Key players operating in the South & Central America tennis racquet market are YONEX Co Ltd, Sumitomo Rubber Industries Ltd, HEAD, GAMMA Sports, PACIFIC Holding GmbH, Maus Freres SA, Babolat, Wilson Sporting Goods, and Authentic Brands Group LLC, among others.
In March 2021, In 2021, Babolat launched the Pure Aero Rafa racquet as the Rafael Nadal signature series.
In January 2021, The DUNLOP brand of Sumitomo Rubber Industries, Ltd. launched a new CX Series range of control rackets. This new range has been designed to give players complete control over their spin, power, and accuracy.

o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the South & Central America tennis racquet market.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in the South & Central America tennis racquet market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth South & Central America market trends and outlook coupled with the factors driving the South & Central America tennis racquet market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.

TABLE OF CONTENTS

1. Introduction
1.1 The Research Team Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. South & Central America Tennis Racquet Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 South & Central America PEST Analysis
4.3 Ecosystem Analysis
4.3.1 Raw Material Suppliers
4.3.2 Manufacturers
4.3.3 Distributors/Suppliers
4.3.4 End Use
5. South & Central America Tennis Racquet Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Adoption of Tennis as Recreational Sport in Young Population
5.1.2 Rising Government Support to Sports
5.2 Market Restraints
5.2.1 High Expenses Related to Tennis
5.3 Market Opportunities
5.3.1 Adoption of Eco-Friendly Material For Tennis Racquets
5.4 Future Trends
5.4.1 New Product Innovations
5.5 Impact of Drivers and Restraints:
6. Tennis Racquet Market – South & Central America Analysis
6.1 South & Central America Tennis Racquet Market Overview
6.2 Tennis Racquet Market Volume (Thousand Units), 2020–2031
6.3 Tennis Racquet Market Volume Forecast and Analysis (Thousand Units)
6.4 Tennis Racquet Market Revenue (US$ Million), 2020–2031
6.5 Tennis Racquet Market Forecast and Analysis
7. Tennis Racquet Market Volume and Revenue Analysis – by End User
7.1 Adults
7.1.1 Overview
7.1.2 Adults: Tennis Racquet Market – Volume and Forecast to 2031 (Thousand Units)
7.1.3 Adults: Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million)
7.2 Men
7.2.1 Men: Tennis Racquet Market – Volume and Forecast to 2031 (Thousand Units)
7.2.2 Men: Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million)
7.3 Women
7.3.1 Women: Tennis Racquet Market – Volume and Forecast to 2031 (Thousand Units)
7.3.2 Women: Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million)
7.4 Kids
7.4.1 Overview
7.4.2 Kids: Tennis Racquet Market – Volume and Forecast to 2031 (Thousand Units)
7.4.3 Kids: Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million)
8. South & Central America Tennis Racquet Market Volume and Revenue Analysis – by Material
8.1 Graphite
8.1.1 Overview
8.1.2 Graphite: Tennis Racquet Market – Volume and Forecast to 2031 (Thousand Units)
8.1.3 Graphite: Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million)
8.2 Titanium
8.2.1 Overview
8.2.2 Titanium: Tennis Racquet Market – Volume and Forecast to 2031 (Thousand Units)
8.2.3 Titanium: Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million)
8.3 Carbon Fiber
8.3.1 Overview
8.3.2 Carbon Fiber: Tennis Racquet Market – Volume and Forecast to 2031 (Thousand Units)
8.3.3 Carbon Fiber: Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million)
8.4 Others
8.4.1 Overview
8.4.2 Others: Tennis Racquet Market – Volume and Forecast to 2031 (Thousand Units)
8.4.3 Others: Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million)
9. South & Central America Tennis Racquet Market Volume and Revenue Analysis – by Distribution Channel
9.1 Supermarkets & Hypermarkets
9.1.1 Overview
9.1.2 Supermarkets & Hypermarkets: Tennis Racquet Market – Volume and Forecast to 2031 (Thousand Units)
9.1.3 Supermarkets & Hypermarkets: Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million)
9.2 Specialty Stores
9.2.1 Overview
9.2.2 Specialty Stores: Tennis Racquet Market – Volume and Forecast to 2031 (Thousand Units)
9.2.3 Specialty Stores: Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million)
9.3 Online Retail
9.3.1 Overview
9.3.2 Online Retail: Tennis Racquet Market – Volume and Forecast to 2031 (Thousand Units)
9.3.3 Online Retail: Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million)
9.4 Others
9.4.1 Overview
9.4.2 Others: Tennis Racquet Market – Volume and Forecast to 2031 (Thousand Units)
9.4.3 Others: Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million)
10. South & Central America Tennis Racquet Market – Country Analysis
10.1 South & Central America
10.1.1 South & Central America Tennis Racquet Market Revenue and Forecast and Analysis – by Country
10.1.1.1 South & Central America Tennis Racquet Market Volume and Forecast and Analysis – by Country
10.1.1.2 South & Central America Tennis Racquet Market Revenue and Forecast and Analysis – by Country
10.1.1.3 Brazil Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million)
10.1.1.3.1 Brazil Tennis Racquet Market Breakdown by End User
10.1.1.3.2 Brazil Tennis Racquet Market Breakdown by Material
10.1.1.3.3 Brazil Tennis Racquet Market Breakdown by Distribution Channel
10.1.1.4 Argentina Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million)
10.1.1.4.1 Argentina Tennis Racquet Market Breakdown by End User
10.1.1.4.2 Argentina Tennis Racquet Market Breakdown by Material
10.1.1.4.3 Argentina Tennis Racquet Market Breakdown by Distribution Channel
10.1.1.5 Rest of South & Central America Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million)
10.1.1.5.1 Rest of South & Central America Tennis Racquet Market Breakdown by End User
10.1.1.5.2 Rest of South & Central America Tennis Racquet Market Breakdown by Material
10.1.1.5.3 Rest of South & Central America Tennis Racquet Market Breakdown by Distribution Channel
11. Competitive Landscape
11.1 Heat Map Analysis by Key Players
11.2 Company Positioning & Concentration
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 Merger and Acquisition
13. Company Profiles
13.1 YONEX Co., Ltd.
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Sumitomo Rubber Industries Ltd
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 HEAD
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 GAMMA Sports
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 PACIFIC Holding GmbH
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Maus Frères SA
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Babolat
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Wilson Sporting Goods
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Authentic Brands Group LLC
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
14. Appendix
14.1 About The Research Team

LIST OF TABLES

Table 1. South & Central America Tennis Racquet Market Segmentation
Table 2. Tennis Racquet Market – Volume and Forecast to 2031 (Thousand Units)
Table 3. Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million)
Table 4. Tennis Racquet Market – Volume and Forecast to 2031 (Thousand Units) – by End User
Table 5. Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million) – by End User
Table 6. Tennis Racquet Market – Volume and Forecast to 2031 (Thousand Units) – by Material
Table 7. Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million) – by Material
Table 8. Tennis Racquet Market – Volume and Forecast to 2031 (Thousand Units) – by Distribution Channel
Table 9. Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million) – by Distribution Channel
Table 10. South & Central America Tennis Racquet Market – Volume and Forecast to 2031 (Thousand Units) – by Country
Table 11. South & Central America Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million) – by Country
Table 12. Brazil Tennis Racquet Market – Volume and Forecast to 2031 (Thousand Units) – by End User
Table 13. Brazil Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million) – by End User
Table 14. Brazil Tennis Racquet Market – Volume and Forecast to 2031 (Thousand Units) – by Material
Table 15. Brazil Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million) – by Material
Table 16. Brazil Tennis Racquet Market – Volume and Forecast to 2031 (Thousand Units) – by Distribution Channel
Table 17. Brazil Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million) – by Distribution Channel
Table 18. Argentina Tennis Racquet Market – Volume and Forecast to 2031 (Thousand Units) – by End User
Table 19. Argentina Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million) – by End User
Table 20. Argentina Tennis Racquet Market – Volume and Forecast to 2031 (Thousand Units) – by Material
Table 21. Argentina Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million) – by Material
Table 22. Argentina Tennis Racquet Market – Volume and Forecast to 2031 (Thousand Units) – by Distribution Channel
Table 23. Argentina Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million) – by Distribution Channel
Table 24. Rest of South & Central America Tennis Racquet Market – Volume and Forecast to 2031 (Thousand Units) – by End User
Table 25. Rest of South & Central America Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million) – by End User
Table 26. Rest of South & Central America Tennis Racquet Market – Volume and Forecast to 2031 (Thousand Units) – by Material
Table 27. Rest of South & Central America Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million) – by Material
Table 28. Rest of South & Central America Tennis Racquet Market – Volume and Forecast to 2031 (Thousand Units) – by Distribution Channel
Table 29. Rest of South & Central America Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million) – by Distribution Channel

LIST OF FIGURES

Figure 1. South & Central America Tennis Racquet Market Segmentation, by Country
Figure 2. South & Central America – PEST Analysis
Figure 3. Ecosystem: Tennis Racquet Market
Figure 4. Tennis Racquet Market – Key Market Dynamics
Figure 5. Impact Analysis of Drivers and Restraints
Figure 6. Tennis Racquet Market Volume (Thousand Units), 2020–2031
Figure 7. Tennis Racquet Market Revenue (US$ Million), 2020–2031
Figure 8. Tennis Racquet Market Share (%) – End User, 2023 and 2031
Figure 9. Adults: Tennis Racquet Market – Volume and Forecast to 2031 (Thousand Units)
Figure 10. Adults: Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million)
Figure 11. Men: Tennis Racquet Market – Volume and Forecast to 2031 (Thousand Units)
Figure 12. Men: Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million)
Figure 13. Women: Tennis Racquet Market – Volume and Forecast to 2031 (Thousand Units)
Figure 14. Women: Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million)
Figure 15. Kids: Tennis Racquet Market – Volume and Forecast to 2031 (Thousand Units)
Figure 16. Kids: Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million)
Figure 17. Tennis Racquet Market Share (%) – Material, 2023 and 2031
Figure 18. Graphite: Tennis Racquet Market – Volume and Forecast to 2031 (Thousand Units)
Figure 19. Graphite: Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million)
Figure 20. Titanium: Tennis Racquet Market – Volume and Forecast to 2031 (Thousand Units)
Figure 21. Titanium: Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million)
Figure 22. Carbon Fiber: Tennis Racquet Market – Volume and Forecast to 2031 (Thousand Units)
Figure 23. Carbon Fiber: Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million)
Figure 24. Others: Tennis Racquet Market – Volume and Forecast to 2031 (Thousand Units)
Figure 25. Others: Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million)
Figure 26. Tennis Racquet Market Share (%) – Distribution Channel, 2023 and 2031
Figure 27. Supermarkets & Hypermarkets: Tennis Racquet Market – Volume and Forecast to 2031 (Thousand Units)
Figure 28. Supermarkets & Hypermarkets: Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million)
Figure 29. Specialty Stores: Tennis Racquet Market – Volume and Forecast to 2031 (Thousand Units)
Figure 30. Specialty Stores: Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million)
Figure 31. Online Retail: Tennis Racquet Market – Volume and Forecast to 2031 (Thousand Units)
Figure 32. Online Retail: Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million)
Figure 33. Others: Tennis Racquet Market – Volume and Forecast to 2031 (Thousand Units)
Figure 34. Others: Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million)
Figure 35. South & Central America Tennis Racquet Market, by Key Country – Revenue (2023) (US$ Million)
Figure 36. South & Central America Tennis Racquet Market Breakdown by Key Countries, 2023 and 2031 (%)
Figure 37. Brazil Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million)
Figure 38. Argentina Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million)
Figure 39. Rest of South & Central America Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million)
Figure 40. Heat Map Analysis by Key Players
Figure 41. Company Positioning & Concentration