Global Racket Sports Equipment Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product Type;

Rackets, Balls, Eyewear, Racket bags, Shoes, and Accessories.

By Sport;

Lawn Tennis, Table Tennis, Badminton, and Squash.

By Material;

Graphite, Aluminum, Wood, and Synthetic.

By Distribution Channel;

Supermarkets/Hypermarkets, Specialty Stores, Online Stores, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn569528541 Published Date: May, 2025 Updated Date: June, 2025

Racket Sports Equipment Market Overview

Racket Sports Equipment Market (USD Million)

Racket Sports Equipment Market was valued at USD 196.65 million in the year 2024. The size of this market is expected to increase to USD 265.83 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.4%.


Global Racket Sports Equipment Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 4.4 %


Study Period2025 - 2031
Base Year2024
CAGR (%)4.4 %
Market Size (2024)USD 196.65 Million
Market Size (2031)USD 265.83 Million
Market ConcentrationHigh
Report Pages331
196.65
2024
265.83
2031

Major Players

  • Amer Sports
  • Babolat
  • Head N.V.
  • Tecnifibre
  • Yonex Co., Ltd.
  • Goode Sport
  • Gamma Sports
  • Asics
  • SRI Sports Limited
  • Li-Ning

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Racket Sports Equipment Market

Fragmented - Highly competitive market without dominant players


The Racket Sports Equipment Market is gaining traction as more individuals take up tennis, badminton, squash, and padel for both leisure and fitness. Increased participation has led to rising demand across product lines. Over 50% of active players invest in new equipment within a 12-month cycle, reflecting consistent replacement and purchase trends.

Health and Fitness Trends Driving Growth
A growing focus on fitness-oriented lifestyles is accelerating market expansion. With over 45% of fitness enthusiasts regularly playing racket sports, these activities are becoming a core part of wellness routines. Their cardiovascular benefits and social engagement are drawing more consumers, boosting the sales of rackets, footwear, and gear.

Product Innovation Enhancing Performance
Continuous improvements in equipment technology are raising performance standards. New rackets now feature over 35% integration of advanced materials like carbon composites, vibration dampeners, and ergonomic grips. These developments are enhancing play quality, leading to better adoption across all player levels.

Expansion Through Coaching and Training Programs
Institutional support is reinforcing market demand, with schools and academies contributing to about 38% of total equipment purchases. The formalization of racket sports in training programs is introducing younger audiences to the sport early, driving long-term growth and equipment utilization.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Sport
    3. Market Snapshot, By Material
    4. Market Snapshot, By Distribution Channel
    5. Market Snapshot, By Region
  4. Racket Sports Equipment Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Participation
        2. Rising Health Awareness
        3. Growing Middle Class
      2. Restraints
        1. High Cost
        2. Limited Accessibility
        3. Infrastructure Challenges
      3. Opportunities
        1. Customization Trends
        2. Sustainable Materials
        3. Online Retail Expansion
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Racket Sports Equipment Market, By Product Type, 2021 - 2031 (USD Million)
      1. Rackets
      2. Balls
      3. Eyewear
      4. Racket bags
      5. Shoes
      6. Accessories
    2. Racket Sports Equipment Market, By Sport, 2021 - 2031 (USD Million)
      1. Lawn Tennis
      2. Table Tennis
      3. Badminton
      4. Squash
    3. Racket Sports Equipment Market, By Material, 2021 - 2031 (USD Million)
      1. Graphite
      2. Aluminum
      3. Wood
      4. Synthetic
    4. Racket Sports Equipment Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Supermarkets/Hypermarkets
      2. Specialty Stores
      3. Online Stores
      4. Others
    5. Racket Sports Equipment Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Amer Sports
      2. Babolat
      3. Head N.V.
      4. Tecnifibre
      5. Yonex Co., Ltd.
      6. Goode Sport
      7. Gamma Sports
      8. Asics
      9. SRI Sports Limited
      10. Li-Ning
  7. Analyst Views
  8. Future Outlook of the Market