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South America Tennis Racquet Market

2021

South America Tennis Racquet Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By End User (Adults and Kids) and Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Retail, and Others)

Publication Month: Oct 2021 | Report Code: TIPRE00025104 | No. of Pages: 83 | Category: Consumer Goods | Status: Published

Market Insights

South America Tennis Racquet Market to Grow at a CAGR of 2.5% to reach US$ 11.88 million Million from 2021 to 2028

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The tennis racquet market in SAM is expected to grow from US$ 10.02 million in 2021 to US$ 11.88 million by 2028; it is estimated to grow at a CAGR of 2.5% from 2021 to 2028.


Brazil and Argentina are major economies in SAM. 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 for better fitness, particularly among the elderly population. 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. Youth participation augmented to 1.6% in 2018, driven by teenage players As these generations 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.

Brazil has the highest number of COVID-19 cases in South America, followed by Ecuador, Chile, Peru, and Argentina, among others. Governments of these countries have taken an array of actions to protect their citizens and contain COVID-19 spread. The region is experiencing lower export revenues, both, from the dropping commodity prices and reduction in export volumes, especially due to lowered export performance in China, Europe, and the US. Containment measures in several South American countries have reduced economic activity in the consumer goods industries; however, the sector is likely to rebound once the country manages to control the epidemic.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the tennis racquet market. The SAM tennis racquet market is expected to grow at a good CAGR during the forecast period.

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SAM Tennis Racquet Market Segmentation

SAM Tennis Racquet Market – By End User

  • Adults
  • Kids

SAM Tennis Racquet Market – By Distribution Channel

  • Supermarkets and Hypermarkets
  • Specialty Stores
  • Online Retail
  • Others

SAM Tennis Racquet Market- By Country

  • Brazil
  • Argentina
  • Rest of SAM

SAM Tennis Racquet Market-Companies Mentioned

  • Amer Sports
  • Authentic Brands Group LLC
  • Babolat
  • GAMMA Sports
  • Maus Frères SA
  • PACIFIC Holding GmbH
  • Sumitomo Rubber Industries, Ltd.
  • YONEX Co., Ltd.

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Scope of the Study

3.2 Research Methodology

3.2.1 Data Collection:

3.2.2 Primary Interviews:

3.2.3 Hypothesis formulation:

3.2.4 Macro-economic factor analysis:

3.2.5 Developing base number:

3.2.6 Data Triangulation:

4. Tennis Racquet Market Landscape

4.1 Market Overview

4.2 SAM PEST Analysis

4.3 Expert Opinion

5. SAM Tennis Racquet Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Endorsement of Tennis as Recreational Sport in Young Population

5.1.2 Surge in Government Support to Sports

5.2 Market Restraints

5.2.1 Health Risk from Tennis

5.3 Market Opportunities

5.3.1 Untapped Markets

5.4 Future Trends

5.4.1 New Product Breakthroughs

5.5 Impact Analysis of Drivers and Restraints

6. Tennis Racquet – SAM Market Analysis

6.1 Tennis Racquet Market Overview

6.2 Tennis Racquet Market – Revenue Forecasts to 2028 (US$ Million)

7. SAM Tennis Racquet Market Analysis – By End User

7.1 Overview

7.2 Tennis Racquet Market, By End User (2020 and 2028)

7.3 Adults

7.3.1 Overview

7.3.2 Adults: Tennis Racquet Market – Revenue and Forecast to 2028 (US$ Mn)

7.4 Kids

7.4.1 Overview

7.4.2 Kids: Tennis Racquet Market – Revenue and Forecast to 2028 (US$ Mn)

8. SAM Tennis Racquet Market Analysis – By Distribution Channel

8.1 Overview

8.2 Tennis Racquet Market, By Distribution Channel (2020 and 2028)

8.3 Supermarkets and Hypermarkets

8.3.1 Overview

8.3.2 Supermarkets and Hypermarkets: Tennis Racquet Market – Revenue and Forecast to 2028 (US$ Mn)

8.4 Specialty Stores

8.4.1 Overview

8.4.2 Specialty Stores: Tennis Racquet Market – Revenue and Forecast to 2028 (US$ Mn)

8.5 Online Retail

8.5.1 Overview

8.5.2 Online Retail: Tennis Racquet Market – Revenue and Forecast to 2028 (US$ Mn)

8.6 Others

8.6.1 Overview

8.6.2 Others: Tennis Racquet Market – Revenue and Forecast to 2028 (US$ Mn)

9. SAM Tennis Racquet Market – Country Analysis

9.1 Overview

9.1.1 South America: Tennis Racquet Market, by Key Country

9.1.1.1 Brazil: Tennis Racquet Market –Revenue and Forecast to 2028 (US$ Million)

9.1.1.1.1 Brazil: Tennis Racquet Market, by End User

9.1.1.1.2 Brazil: Tennis Racquet Market, by Distribution Channel

9.1.1.2 Argentina: Tennis Racquet Market –Revenue and Forecast to 2028 (US$ Million)

9.1.1.2.1 Argentina: Tennis Racquet Market, by End User

9.1.1.2.2 Argentina: Tennis Racquet Market, by Distribution Channel

9.1.1.3 Rest of South America: Tennis Racquet Market –Revenue and Forecast to 2028 (US$ Million)

9.1.1.3.1 Rest of South America: Tennis Racquet Market, by End User

9.1.1.3.2 Rest of South America: Tennis Racquet Market, by Distribution Channel

10. Impact of Covid-19 Pandemic on SAM Tennis Racquet Market

10.1 Overview

11. Industry Landscape

11.1 Overview

11.2 Product Launch

11.3 Expansion

12. Company Profiles

12.1 YONEX Co., Ltd.

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 Sumitomo Rubber Industries, Ltd.

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 Babolat

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 Amer Sports

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 GAMMA Sports

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 PACIFIC Holding GmbH

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

12.7 Maus Frères SA

12.7.1 Key Facts

12.7.2 Business Description

12.7.3 Products and Services

12.7.4 Financial Overview

12.7.5 SWOT Analysis

12.7.6 Key Developments

12.8 Authentic Brands Group LLC

12.8.1 Key Facts

12.8.2 Business Description

12.8.3 Products and Services

12.8.4 Financial Overview

12.8.5 SWOT Analysis

12.8.6 Key Developments

13. Appendix

13.1 About The Insight Partners

13.2 Glossary of Terms

LIST OF TABLES

Table 1. SAM Tennis Racquet Market –Revenue Forecast to 2028 (US$ Million)

Table 2. Brazil Tennis Racquet Market, by End User – Revenue and Forecast to 2028 (USD Million)

Table 3. Brazil Tennis Racquet Market, by Distribution Channel – Revenue and Forecast to 2028 (USD Million)

Table 4. Argentina Tennis Racquet Market, by End User – Revenue and Forecast to 2028 (USD Million)

Table 5. Argentina Tennis Racquet Market, by Distribution Channel – Revenue and Forecast to 2028 (USD Million)

Table 6. Rest of South America Tennis Racquet Market, by End User – Revenue and Forecast to 2028 (USD Million)

Table 7. Rest of South America Tennis Racquet Market, by Distribution Channel – Revenue and Forecast to 2028 (USD Million)

Table 8. Glossary of Terms, Tennis Racquet Market

LIST OF FIGURES

Figure 1. SAM Tennis Racquet Market Segmentation

Figure 2. SAM Tennis Racquet Market Segmentation – By Country

Figure 3. SAM Tennis Racquet Market Overview

Figure 4. Adult Segment Held Largest Share of SAM Tennis Racquet Market

Figure 5. Brazil Held Largest Share of SAM Tennis Racquet Market

Figure 6. SAM Tennis Racquet Market, Key Market Players

Figure 7. SAM: PEST Analysis

Figure 8. Expert Opinion

Figure 9. SAM Tennis Racquet Market Impact Analysis of Drivers and Restraints

Figure 10. SAM: Tennis Racquet Market – Revenue Forecast to 2028 (US$ Million)

Figure 11. SAM Tennis Racquet Market Revenue Share, By End User (2020 and 2028)

Figure 12. SAM Adults: Tennis Racquet Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 13. SAM Kids: Tennis Racquet Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 14. SAM Tennis Racquet Market Revenue Share, By Distribution Channel (2020 and 2028)

Figure 15. SAM Supermarkets and Hypermarkets: Tennis Racquet Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 16. SAM Specialty Stores: Tennis Racquet Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 17. SAM Online Retail: Tennis Racquet Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 18. SAM Others: Tennis Racquet Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 19. South America: Tennis Racquet Market, by Key Country-Revenue 2020 (US$ Million)

Figure 20. South America: Tennis Racquet Market Revenue Share, by Key Country (2020 and 2028)

Figure 21. Brazil: Tennis Racquet Market –Revenue and Forecast to 2028 (US$ Million)

Figure 22. Argentina: Tennis Racquet Market –Revenue and Forecast to 2028 (US$ Million)

Figure 23. Rest of South America: Tennis Racquet Market –Revenue and Forecast to 2028 (US$ Million)

Figure 24. Impact of COVID-19 Pandemic on Tennis Racquet Market in South America

  1. Amer Sports
  2. Authentic Brands Group LLC
  3. Babolat
  4. GAMMA Sports
  5. Maus Frères SA
  6. PACIFIC Holding GmbH
  7. Sumitomo Rubber Industries, Ltd.
  8. YONEX Co., Ltd.
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the MEA Tennis Racquet market.
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the MEA Tennis Racquet market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth MEA market trends and outlook coupled with the factors driving the Tennis Racquet market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
TIPRE00025104
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