How Is the Global Demand for Badminton Equipment Driving Market Growth?
A rise in badminton events at the national and international levels and government and corporate sponsorship of the sport are projected to support market growth. The numerous organisations, including Badminton World Federation (BWF), USA Badminton (USAB), and others, support the expansion of badminton sports' appeal on a global scale, opening up enormous market expansion prospects. For instance, in the United States, USAB is the acknowledged national governing body for the game of badminton. The organization's main objectives as the sport's national governing body are to develop and assist American athletes as well as encourage and promote greater involvement in badminton across the country.
Global Badminton Equipment and Products Market size was valued at USD 3.7 billion in 2023 and is poised to grow from USD 3.92 billion in 2024 to USD 6.25 billion by 2032, growing at a CAGR of 6.0% during the forecast period (2025-2032).
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This Badminton Equipment and Products Market report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future. Production and consumption patterns are being carefully compared to forecast the Badminton Equipment and Products Market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth. The Badminton Equipment and Products Market size was determined by estimating the market through a topdown and bottom-up approach, which was further validated with industry interviews. To determine the growth of the Badminton Equipment and Products Market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
Market Segmentation:
Global Badminton Equipment and Products Market is segmented by Product, End User, Distribution and region.
Based on Product, the market is segmented into Apparel, Shoes, Racquets, Strings, Shuttlecocks and Accessories.
Based on End User, the market is segmented into Professional Players, Amateur Players, and Leisure & Recreational.
Based on Distribution, the market is segmented into Hypermarkets/Supermarkets, Specialty and Sports Stores and Online.
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Badminton Equipment and Products Market Key Players:
Yonex Co., Ltd. (Japan)
Li-Ning (China)
Victor Sports (Taiwan)
Babolat (France)
Wilson Sporting Goods (USA)
Head (Austria)
Carlton Sports (UK)
RSL (Reinforced Shuttlecocks Limited) (UK)
FZ Forza (Denmark)
Apacs Sports (Malaysia)
Pro Kennex (Taiwan)
Ashaway Line & Twine Mfg. Co. (USA)
Nivia Sports (India)
Cosco (India)
Silver's (India)
Decathlon (France)
Mizuno Corporation (Japan)
Gosen Co., Ltd. (Japan)
Yumo (China)
Kason (China)
Essential regions of the Badminton Equipment and Products market are:
• Badminton Equipment and Products North America Market includes (Canada, Mexico, USA)
• Badminton Equipment and Products Europe Market includes (Germany, France, Great Britain, Italy, Spain, Russia)
• Badminton Equipment and Products Asia-Pacific Market includes (China, Japan, India, South Korea, Australia)
• Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa)
• Badminton Equipment and Products South America Market includes (Brazil, Argentina)
FAQs: -
1. What are the sales, production, consumption, imports, and exports of the global market (North America, Europe, Asia-Pacific, South America, Middle East, and Africa)?
2. Who are the major manufacturers who dominate the world market?
3. What are their current capacity, production, sales, pricing, cost, gross, and revenue operating levels?
4. What are the market's risks and opportunities?
What's more, it likewise covers the request and give of the promoting research concentrate in the assessed figure time frame. Explained investigation of the market players with their profile, deals examination and serious scene is given in the report. Besides, organization, joint effort and consolidations in the business are referenced for the accommodation of the investigation of the global Badminton Equipment and Products industry.
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Objectives of the Study:
• To forecast the market size, in terms of value, for various segments with respect to five main regions, namely, North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle East & Africa (MEA)
• To provide detailed information regarding the major factors influencing the growth of the Market (drivers, restraints, opportunities, and challenges)
• To strategically analyze the micro markets with respect to the individual growth trends, future prospects, and contribution to the total market
• To provide a detailed overview of the value chain and analyze market trends with the Porter's five forces analysis
• To analyze the opportunities in the market for various stakeholders by identifying the highgrowth Segments
• To identify the key players and comprehensively analyze their market position in terms of ranking and core competencies, along with detailing the competitive landscape for the market leaders
• To analyze competitive development such as joint ventures, mergers and acquisitions, new product launches and development, and research and development in the market
Looking ahead, the Badminton Equipment and Products Market is poised for continued growth, driven by evolving consumer preferences and ongoing innovations. The trend towards sustainability is expected to strengthen, with more consumers seeking products that align with their values. Additionally, the integration of advanced technologies and digital platforms will likely further enhance market accessibility and consumer engagement. The global Badminton Equipment and Products Market is a dynamic and evolving landscape, shaped by a confluence of trends and factors.
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