Tennis and Badminton Rackets Market
Tennis and badminton rackets market: read the most recent info secured by an Ai-driven BI platform. Data contain imports, market size, trade, exports, companies, market prices, production, and consumption. Here is a breakdown by country, including Russia, Africa, the Middle East, China, the U.S., EU, Latin America, and the U.K. Market trends and forecast to 2030 are also featured in the reports.
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Tennis and Badminton Rackets - World's Largest Markets
| Rating | Country |
|---|---|
| 1 | Japan |
| 2 | United States |
| 3 | China |
| 4 | France |
| 5 | Germany |
In value terms, the largest tennis and badminton rackets markets worldwide were Japan, the United States and China, with a combined 40% share of the global market. These countries were followed by France, Germany, Spain, the UK, Italy, Sweden, Malaysia, South Korea and Switzerland, which together accounted for a further 31%.
Switzerland (+85.8% per year) recorded the highest growth rate of market size, in terms of the main consuming countries over the period under review, while tennis and badminton rackets market for the other global leaders experienced more modest paces of growth.
Tennis And Badminton Rackets Prices
Lowest Prices - FOB - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per unit | ||||
| China | 4 | 3 | 3.4 | -8.1% |
| Netherlands | 20 | 18 | 7.9 | -36.9% |
| Spain | 9.1 | 9.7 | 11 | 9.5% |
| Hong Kong SAR | 12 | 12 | 12 | -1.0% |
| Germany | 14 | 16 | 20 | 17.9% |
| France | 21 | 21 | 27 | 14.9% |
| Average | 6.5 | 5.1 | 6 | -4.1% |
There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was France ($27 per unit), while China ($3.4 per unit) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per unit | ||||
| Japan | 15 | 16 | 14 | -3.1% |
| Germany | 8.3 | 9.1 | 12 | 20.6% |
| France | 12 | 11 | 9.8 | -10.5% |
| Sweden | 13 | 11 | 9.4 | -14.3% |
| Belgium | 12 | 12 | 8.3 | -16.9% |
| South Korea | 11 | 9.5 | 8.2 | -14.2% |
| Hong Kong SAR | 12 | 10 | 8.2 | -16.4% |
| Netherlands | 11 | 14 | 7.8 | -16.5% |
| China | 8.2 | 7.7 | 6.5 | -10.7% |
| Spain | 5.3 | 7 | 6.3 | 9.5% |
| United Kingdom | 13 | 9.4 | 5.8 | -33.3% |
| United States | 5.9 | 6.6 | 5.7 | -1.1% |
| Malaysia | 4.3 | 5 | 5 | 7.8% |
| Average | 9.6 | 9.7 | 8.2 | -7.7% |
There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Japan ($14 per unit), while Malaysia ($5 per unit) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the other global leaders experienced more modest paces of growth.
Tennis and Badminton Rackets - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| million USD | ||||
| United States | 71 | 67 | 76 | 3.4% |
| Hong Kong SAR | 65 | 61 | 51 | -11.2% |
| Germany | 43 | 47 | 51 | 8.3% |
| France | 43 | 49 | 47 | 3.9% |
| Spain | 30 | 41 | 36 | 8.9% |
In value terms, the largest tennis and badminton rackets importing markets worldwide were the United States ($76M), Hong Kong SAR ($51M) and Germany ($51M), with a combined 28% share of global imports. France, Spain, the Netherlands, Japan, the UK, China, Sweden, Belgium, Malaysia and South Korea lagged somewhat behind, together accounting for a further 39%.
Sweden (+66.5% per year) recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Tennis and Badminton Rackets - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| million USD | ||||
| China | 273 | 269 | 274 | 0.2% |
| Hong Kong SAR | 81 | 74 | 67 | -8.6% |
| France | 26 | 23 | 51 | 40.4% |
| Germany | 30 | 32 | 36 | 9.5% |
| Netherlands | 21 | 24 | 29 | 17.0% |
In value terms, China ($274M) remains the largest tennis and badminton rackets supplier worldwide, comprising 44% of global exports. The second position in the ranking was occupied by Hong Kong SAR ($67M), with a 11% share of global exports. It was followed by France, with a 8.2% share.
From 2018 to 2020, the average annual rate of growth in terms of value in China was relatively modest. In the other countries, the average annual rates were as follows: Hong Kong SAR (-8.6% per year) and France (+40.4% per year).
Tennis and Badminton Rackets - Market Forecast
The tennis and badminton rackets market is expected to start a downward consumption trend over the next decade. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -0.9% for the ten-year period from 2020 to 2030, which is projected to depress the market volume to by the end of 2030.
Tennis and Badminton Rackets - Product Coverage
- HS 950651 - Lawn-tennis racquets; whether or not strung
- HS 950659 - Tennis, badminton and similar racquets; whether or not strung
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World - Tennis, Badminton or Similar Rackets - Market Analysis, Forecast, Size, Trends and Insights
$499
Dec 9, 2022
311
This report provides an in-depth analysis of the global market for tennis and badminton rackets.
Australia and Oceania - Tennis, Badminton or Similar Rackets - Market Analysis, Forecast, Size, Trends and Insights
$499
Dec 9, 2022
215
This report provides an in-depth analysis of the market for tennis and badminton rackets in Australia and Oceania.
Northern America - Tennis, Badminton or Similar Rackets - Market Analysis, Forecast, Size, Trends and Insights
$499
Dec 9, 2022
202
This report provides an in-depth analysis of the market for tennis and badminton rackets in Northern America.
Latin America and the Caribbean - Tennis, Badminton or Similar Rackets - Market Analysis, Forecast, Size, Trends and Insights
$499
Dec 9, 2022
198
This report provides an in-depth analysis of the market for tennis and badminton rackets in Latin America and the Caribbean.
Middle East - Tennis, Badminton or Similar Rackets - Market Analysis, Forecast, Size, Trends and Insights
$499
Dec 9, 2022
190
This report provides an in-depth analysis of the market for tennis and badminton rackets in the Middle East.
Southern Asia - Tennis, Badminton or Similar Rackets - Market Analysis, Forecast, Size, Trends and Insights
$499
Dec 9, 2022
188
This report provides an in-depth analysis of the market for tennis and badminton rackets in Southern Asia.
Eastern Asia - Tennis, Badminton or Similar Rackets - Market Analysis, Forecast, Size, Trends and Insights
$499
Dec 9, 2022
180
This report provides an in-depth analysis of the market for tennis and badminton rackets in Eastern Asia.
South-Eastern Asia - Tennis, Badminton or Similar Rackets - Market Analysis, Forecast, Size, Trends and Insights
$499
Dec 9, 2022
174
This report provides an in-depth analysis of the market for tennis and badminton rackets in South-Eastern Asia.
Central Asia - Tennis, Badminton or Similar Rackets - Market Analysis, Forecast, Size, Trends and Insights
$499
Dec 9, 2022
172
This report provides an in-depth analysis of the market for tennis and badminton rackets in Central Asia.
Africa - Tennis, Badminton or Similar Rackets - Market Analysis, Forecast, Size, Trends and Insights
$499
Dec 9, 2022
163
This report provides an in-depth analysis of the market for tennis and badminton rackets in Africa.
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