
Report ID: SQMIG25M2073
SkyQuest Technology's Tennis equipment market size, share and forecast Report is based on the analysis of market data and Industry trends impacting the global Tennis Equipment Market and the revenue of top companies operating in it. Market Size Data and Statistics are based on the comprehensive research by our Team of Analysts and Industry experts.
Tennis Equipment Market size was valued at USD 5.08 billion in 2023 and is poised to grow from USD 5.36 billion in 2024 to USD 8.22 billion by 2032, growing at a CAGR of 5.5% during the forecast period (2025-2032).
The key driving factor of the global tennis equipment market growth in the forecast period are the increased popularity of tennis and interest in sports-related activities. Moreover, several Grand Slam tennis events such as Australian Open and Wimbledon are gaining more popularity globally. This is one of the factors expected to boost the market over the forecast period.
The rising uptake of tennis racquets, balls, and other tennis equipment from professionals is expected to be an industry trend with an expected upsurge in the tennis events that have spread globally. Many people have awakened to the role exercise plays in achieving good health and fitness conditions hence more engagements with tennis events across the globe. A study published by researchers at the Oxford University and those in Finland and Australia has revealed that racquet sports like tennis might be the best exercises to prevent premature death. The research saw the tracking of over 80,000 people to average nine years and found that participants who regularly took part in racquet sports were the ones least predicted to die. There is a 47% lower risk of early death with racquet sports, 28% lower risk with swimming, 27% lower with aerobics, and 15% lower with cycling.
However, fluctuating and dangerous weather conditions created by global warming and other climatic conditions are the main factors that have been expected to restrain the development of the global tennis equipment market. The unavailability of products with counterfeit content along with high-priced sporting goods in the market will further restrain its growth over the forecast period. Contrarily, one of the main trends observed in the market is the use of information technology for direct promotion or marketing. The other major trend observed in the market is that tennis is a fitness sport, and its promotion. For instance, cardio tennis is a high energy fitness activity that combines the best features of tennis with a cardiovascular workout. It provides a full body, calorie burning cardio workout. The other is the emergence of new technologies such as woofers, flex zones, and aerodynamic modules that make racquets more durable and comfortable being embraced by tennis equipment manufacturers.
Vogue's signature style and HEAD's sports innovation were put together to create an exclusive tennis capsule collection that was launched in August 2024. Such a line, combining classic white with bold colored hues, consists of clothing, purses, racquets, and accessories. The significant pieces are the pleated skirts, seamless shirts, and the Vogue Boom MP L racquet, which was inspired by Coco Gauff. This line caters to the sporty yet fashionable athlete and is a blend of performance and beauty. On August 29, 2024, the company, HEAD, was making strides in luxury sports apparel as the line was rolled out globally to stores and online sites everywhere.
Australian musician Bernard Fanning and former tennis star Pat Rafter launched sportswear firm Rallee in October 2024. High-performance fabrics are now combined with fashionable design in competing in new racquet sports, such as pickleball and padel. Both professional and leisure players should find the light, breathable, and fashion-forward style of the brand appealing. Their tagline says, "Functional threads for sinners and set winners," and it is that distinct and lively brand concept which they represent. The introduction of Rallee brings a new viewpoint to the racquet apparel industry that unifies athletic performance, fashion, and music.
AsICS' COURT FF 3 NOVAK tennis shoes have been launched on September 2024, designed by Novak Djokovic, a 24-time Grand Slam winner, who worked intensively with the ASICS designers to create the best possible supportive, stable, and reactive shoe. The only technology available is the ideal adaptability characteristic for different types of court surfaces, enhancing grip and flexibility. Djokovic lauded the comfort and performance enhancement ability of the model, describing it as the best he has ever played in. ASICS hopes to have the opportunity to further reinforce its position in the premium footwear market by attracting all competitive athletes looking for the best, professional-grade tennis shoes for competition.
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Global Tennis Equipment market size was valued at USD 9.24 Billion in 2023 and is poised to grow from USD 9.48 Billion in 2024 to USD 11.64 Billion by 2032, growing at a CAGR of 2.6% in the forecast period (2025-2032).
Major players within the global tennis equipment industry include Wilson, Babolat, and Head that are employing an overall strategy in maintaining and further developing their positions within the marketplace. They have largely succeeded so far because of the strong focus placed on innovations within product development. These firms heavily invest resources in research & development to employ advanced materials, technologies, and designs into the development of their tennis equipment. It is through strategic alliances and endorsements that these large companies maintain market supremacy. 'YONEX Co., Ltd.', 'Wilson Sporting Goods', 'Nike, Inc.', 'Adidas AG', 'BABOLAT VS S.A.', 'Solinco Inc.', 'Amer Sports', 'Head N.V.', 'Dunlop Sports', 'Technifibre', 'ASICS Corporation', 'Geau Sport', 'Prince Tennis', 'Volkltennis', 'Ame & Lulu '
Tennis is more popular as a fun and career-reducing leisure activity due to the rising importance of a fit and healthy lifestyle. Schools, clubs, and academies around the globe have increased efforts to present tennis as a lifetime sport, encouraging adults and children to engage in playing the game. Grassroots activities, wellness phenomena, and cardiovascular benefits of tennis are further driving interest in high-end tennis equipment.
Eco-Friendly Tennis Gear and Sustainability: In reaction to the rising emphasis on sustainability, manufacturers have developed environmentally friendly tennis gear, biodegradable tennis balls, recycled polyester sportswear, and sustainable materials for rackets. Companies such as Wilson and Babolat invest in carbon-neutral production methods that reduce their environmental impact. A growing awareness among consumers of the importance of sustainability is driving demand for ecologically friendly tennis equipment that supports global climate initiatives.
The tennis equipment market accounted for the highest market in North America. The market share value in North America was 38% of the total world market value. A strong tennis culture, growing tennis participation rates, and influence from major tennis events have contributed to the growth and dynamism of the tennis equipment market in North America. The rising popularity of tennis among players for recreational and competitive purposes is one of the main factors driving the tennis equipment market in North America. Tennis is often regarded as a game that promotes social interaction, good physical fitness, and a healthy lifestyle. Due to this, tennis rackets, balls, clothing, and accessories are more in demand.
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Report ID: SQMIG25M2073
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