The Racket Sports Equipment Market Report is Segmented by Product Type (Rackets/Bats, Balls, Apparel, and More); by Sport Type (Lawn Tennis, Table Tennis, and More); by End User (Men, Women, and Kids/Children); by Distribution Channel (Offline Retail Stores and Online Retail Stores); and by Geography (North America, Europe, and More). The Market Forecasts are Provided in Terms of Value (USD).

Snapshot img

Racket Sports Equipment Market Size 2025-2029

The racket sports equipment market size is forecast to increase by USD 878.6 million, at a CAGR of 4.2% between 2024 and 2029.

The market is experiencing significant growth due to several key trends. The global increase In the number of racket sports courts is driving market demand, as more people engage In these activities for fitness and recreation. Another trend influencing market growth is the use of advanced materials, such as nanomaterials, In the production of racket sports equipment. This results in lighter, stronger, and more durable products. Additionally, the growing popularity of e-sports and virtual racket sports is expanding the market's reach and attracting a new demographic. These factors are expected to fuel market growth In the coming years.

What will be the size of the Racket Sports Equipment Market During the Forecast Period?

Request Free Sample

The market encompasses a range of products including racquets, balls, eyewares, racket bags, shoes, caddies, and protective gears for popular sports such as tennis, squash, racquetball, badminton, paddle sports, and table tennis. This market is driven by the growing participation of millennials and Generation Z In these sports, fueled by their active lifestyles and preference for convenience. E-commerce platforms have significantly impacted market growth, enabling easy access to a wide range of lightweight equipment and apparels. International players and sports clubs continue to influence trends, with a focus on high-performance materials and technology. Innovations in racket materials, ball designs, and net specifications are also key drivers, with lightweight racquets and hollow rubber balls in racquetball and tennis gaining popularity. Additionally, pickleball, a relatively new sport, is experiencing rapid growth, further expanding the market scope.

How is this Racket Sports Equipment Industry segmented and which is the largest segment?

The racket sports equipment industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Distribution Channel

  Offline
  Online


Product

  Tennis equipment
  Badminton equipment
  Squash equipment


Geography

  North America

    Canada
    US


  APAC

    China
    India
    Japan


  Europe

    Germany
    UK
    France
    Italy


  South America

    Brazil


  Middle East and Africa

By Distribution Channel Insights

The offline segment is estimated to witness significant growth during the forecast period.

Racket sports equipment, including eyewear, shuttlecocks, pickleballs, nets, rackets, balls, shoes, and caddies, are sold through various channels such as monobrand stores, department stores, hypermarkets, supermarkets, and specialty stores. Monobrand stores, which are retail outlets owned by product manufacturing companies, offer a wide range of equipment and accessories under the same brand. The increasing popularity of these stores, with their attractive retail environments, has led to an increase in sales for racket sports equipment manufacturers in North America. Overall, the distribution of racket sports equipment through monobrand stores is a significant trend In the industry.

Get a glance at the Racket Sports Equipment Industry report of share of various segments Request Free Sample

The offline segment was valued at USD 2.45 billion in 2019 and showed a gradual increase during the forecast period.

Regional Analysis

APAC is estimated to contribute 33% to the growth of the global market during the forecast period.

Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

For more insights on the market share of various regions, Request Free Sample

The market in North America is poised for growth due to the increasing popularity of sports such as squash, tennis, racquetball, and badminton. In the US and Canada, the number of regular players is on the rise, particularly among the younger generation, leading to an uptick in demand for equipment. Squash, with major tournaments like the US Open Squash Championships and the North American Open, is a key contributor to this trend. Additionally, the demand for tennis equipment is also surging, driven by the growing interest In the sport. The region's major markets for racket sports equipment include the US, Mexico, and Canada. This growth is expected to continue as racket sports gain traction as a popular recreational activity. E-commerce platforms are also playing a significant role in making equipment more accessible to consumers, further fueling market growth.

Market Dynamics

Our racket sports equipment market researchers analyzed the

Global Racquet Sports is segmented by Application (Sports & Recreation, Fitness, Competitive Sports, Social Activities, Leisure), Type (Tennis, Badminton, Squash, Racquetball, Pickleball) and Geography(North America, LATAM, West Europe, Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA)

The Global Racket Sports and Golf Equipment Market was valued at USD 25.89 Billion in 2023 and is anticipated to grow with a CAGR of 4.5% through 2029.

The size of the U.S. Racket Sports Market was valued at USD 4.79 billion in 2023 and is projected to reach USD 7.74 billion by 2032, with an expected CAGR of 7.1 % during the forecast period. The U.S. racket sports market has experienced a rapid rise in the past few years. The increase is mainly because of the growth of interest in various sports such as tennis, pickleball, and badminton. While tennis is the oldest of the three, having been widely followed in the United States for several decades, with big-ticket tournaments like the U.S. Open, which always attract considerable audiences and media coverage, it was pickleball that gained widespread acceptance in the last decade. It's easy-to-learn nature and appeal to all age groups have contributed to a surge in participation, with more people investing in pickleball equipment and facilities. Badminton is also gaining popularity in recreational settings, including schools and community centers. Health and fitness concerns are also favorably impacting the market, as racket sports offer a fun means of staying fit. The U.S. racket sports market is also likely to keep growing with increasing public and private investments in courts, clubs, and tournaments for new and old players alike. Recent developments include: In December 2023, Yonex Co., Ltd. introduced the latest addition to its lineup, the ECLIPSION 5 tennis shoe series, crafted specifically for intermediate and advanced players. These shoes are meticulously engineered to offer unparalleled support during intense and dynamic footwork on the court, including quick stops and agile directional changes inherent to tennis gameplay , In October 2022, Babolat announced the launch of two new badminton racquets, EVO AERO, and EVO AERO LITE, delivering effortless power, comfort, and more spin. Babolat EVO racquets are targeted at players who enjoy fun, energetic games more than competitive, play-to-win matches , In May 2022, Wilson Sporting Goods Co. unveiled its most luxurious tennis-inspired sportswear collection. The exclusive range combined popular designs with new technical garments, crafted to excel both on and off the tennis court .

The global racket sports equipment market is experiencing robust growth, driven by rising participation in sports like tennis, badminton, and squash, particularly among younger demographics. Increased disposable incomes in emerging economies, coupled with a growing preference for fitness and recreational activities, further fuels market expansion. Technological advancements in racket design, materials (like graphite and carbon fiber), and string technology are enhancing performance and contributing to higher sales. The market is witnessing a surge in demand for high-performance equipment, creating opportunities for premium brands to cater to this segment. While the overall market exhibits positive growth, certain restraints exist, including the relatively high cost of equipment, which can limit accessibility for some consumers. Furthermore, the cyclical nature of sporting goods demand, influenced by major tournaments and seasonal variations, requires manufacturers to adopt flexible production and marketing strategies. The market is segmented by product type (rackets, strings, shoes, apparel, accessories), distribution channels (online retail, sporting goods stores, specialty stores), and geographic regions. Leading brands like Amer Sports, Babolat, HEAD, and Yonex dominate the market, competing fiercely through innovation, brand building, and strategic partnerships. Over the next decade, we anticipate continued growth, driven by factors including increased participation rates, product diversification, and sustained marketing efforts. The competitive landscape is characterized by both established players and emerging brands vying for market share. Established brands leverage their strong brand recognition and established distribution networks, while emerging brands focus on innovation and niche market segments to gain traction. The market is witnessing increasing integration of technology, with smart rackets and data-driven training tools gaining popularity. Sustainability is emerging as a key concern, with brands adopting eco-friendly materials and production practices. The future of the market hinges on effective marketing to attract new participants, enhancing the overall sporting experience, and adapting to evolving consumer preferences. This includes offering more personalized and customized equipment options along with digital engagement that promotes community and participation. Regions with higher participation rates and strong economic growth are likely to see faster market expansion.

Racket Sports Equipment Market Outlook

The global racket sports equipment market size was estimated at USD 19.8 billion in 2023 and is projected to reach USD 28.4 billion by 2032, growing at a CAGR of 4.0% over the forecast period. The growth of this market is primarily driven by the increasing popularity of racket sports such as tennis, badminton, squash, and table tennis, among both professional and amateur players. Moreover, the rising awareness regarding fitness and the adoption of a healthy lifestyle have significantly contributed to the market's expansion.

One of the primary growth factors for the racket sports equipment market is the increasing participation in racket sports globally. Events like the Olympics, international championships, and national tournaments have garnered significant attention, encouraging more people to engage in these sports. Additionally, schools and colleges are promoting racket sports as part of their physical education curriculum, further driving the market growth. The accessibility of racket sports facilities and the rise of sports clubs and associations have also played a crucial role in the market's expansion.

Technological advancements in racket sports equipment are another significant growth driver. Innovations such as lightweight materials, improved racket strings, and ergonomic designs have enhanced the performance and comfort of players, leading to higher demand for advanced equipment. Companies are continuously investing in research and development to introduce cutting-edge products that cater to the evolving needs of sports enthusiasts. This ongoing innovation is expected to propel market growth over the forecast period.

Moreover, the growing trend of social media and digital platforms has amplified the visibility and popularity of racket sports. Influencers, professional athletes, and sports brands use these platforms to promote their products and engage with a broader audience. Online tutorials, live streaming of matches, and virtual coaching sessions have made it easier for individuals to learn and participate in racket sports, thereby boosting the demand for related equipment. This digital influence is likely to continue driving market growth in the coming years.

In the realm of tennis, accessories such as the Tennis Racket Sweatband have gained popularity among players who seek to enhance their performance and comfort on the court. These sweatbands are designed to absorb moisture, providing a better grip on the racket handle and preventing slippage during intense matches. As players become more aware of the importance of maintaining a firm hold on their rackets, the demand for high-quality sweatbands is on the rise. Manufacturers are innovating with materials that offer superior absorption and durability, ensuring that players can focus on their game without the distraction of sweat. This trend is particularly evident among amateur and professional players who prioritize performance-enhancing accessories.

From a regional perspective, the Asia Pacific region holds a significant share of the racket sports equipment market and is expected to maintain its dominance during the forecast period. Countries such as China, Japan, and India have a rich history and culture of racket sports, with a large number of active players and tournaments. The increasing disposable income and rising health awareness among the population in these countries are key factors contributing to the market's growth. Additionally, North America and Europe are notable markets due to the presence of prominent sports clubs, well-established sports infrastructure, and high participation rates in racket sports.

Product Type Analysis

The racket sports equipment market is segmented by product type, including tennis rackets, badminton rackets, squash rackets, table tennis rackets, and others. Tennis rackets hold a significant share of the market due to the widespread popularity of tennis across various regions. The demand for high-quality, lightweight, and durable tennis rackets is continuously rising. Innovations such as the use of advanced materials like carbon fiber and graphite have improved racket performance, attracting both professional and amateur players. The increasing number of tennis tournaments and the influence of prominent tennis players also contribute to the growth of this segment.

Badminton rackets are another essential segment within the racket sports equipment

The Global Racket Sports Equipment Market was valued at USD 224.87 Million in 2023 and is anticipated to grow with a CAGR of 5.1% through 2029.

Explore Market Research Intellect's Racket Sports Equipment Market Report, valued at USD 2.8 billion in 2024, with a projected market growth to USD 4.5 billion by 2033, and a CAGR of 6.5% from 2026 to 2033.

Global Racquet Sports Equipment market size 2025 was XX Million. Racquet Sports Equipment Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033.

The global racket sports equipment market, valued at $3,767.97 million in 2025, is projected to experience steady growth, driven by rising participation in racket sports like tennis, badminton, and squash. This growth is fueled by several factors: increasing disposable incomes in developing economies leading to greater spending on leisure activities; the growing popularity of these sports amongst younger demographics, spurred by successful professional athletes and increased media coverage; and the continuous innovation in equipment technology, offering lighter, stronger, and more performance-enhancing rackets and accessories. Online retail channels are significantly contributing to market expansion, providing wider access to a diverse range of products and brands. However, the market faces challenges, including the cyclical nature of sporting goods demand and price sensitivity among consumers. Competition amongst established brands like Yonex, Babolat, and Head is fierce, necessitating continuous product development and strategic marketing initiatives. Regional variations exist, with North America and APAC (particularly China and India) showing significant market potential due to robust sporting cultures and expanding middle classes. The market's sustained growth trajectory is expected to continue through 2033, albeit at a moderate pace, reflecting ongoing trends and challenges. The projected CAGR of 3.62% suggests a consistent, albeit not explosive, market expansion. The segmentation by distribution channel (offline and online) reveals a dynamic shift, with the online segment witnessing faster growth compared to its offline counterpart. Product-wise, tennis equipment currently holds the largest market share, followed by badminton and squash. However, badminton and squash equipment segments are anticipated to see accelerated growth driven by rising participation and affordability considerations. The competitive landscape is characterized by a blend of established global brands and regional players. These companies employ various competitive strategies, including product differentiation, brand building, sponsorship deals, and strategic partnerships to capture market share. Future growth hinges on effectively addressing consumer demands for innovative, high-performance equipment while navigating fluctuating economic conditions and the ever-evolving competitive landscape.

UK Racket Sports Equipment market Size, Share, Trend & Market Analysis By Type, By Distribution Channel, By End User, Competition, Forecast & Opportunities.

Russia Racket Sports Equipment market Size, Share, Trend & Market Analysis By Type, By Distribution Channel, By End User, Competition, Forecast & Opportunities.

The global Racquet Sports Court Rental Market size was estimated at USD 7.83 billion in 2024 and is expected to grow at a CAGR of 4.9% from 2025 to 2034.

Global Racquet Sports Products market size 2025 was XX Million. Racquet Sports Products Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033.

Squash Rackets Market Outlook

The global squash rackets market is projected to experience a robust growth trajectory with a market size poised to reach approximately USD 900 million by 2032, up from USD 536 million in 2023, reflecting a compound annual growth rate (CAGR) of around 5.8%. This growth is primarily driven by the rising popularity of squash as a competitive and recreational sport across various regions worldwide. The increasing awareness of fitness and healthy lifestyle choices among individuals is also contributing significantly to market expansion. The availability of advanced squash facilities and the establishment of squash tournaments at both national and international levels are further fueling this upward trend.

One of the key growth factors for the squash rackets market is the sport's increasing global popularity, which has been supported by various initiatives from squash federations and the inclusion of squash in multi-sport events. As more people become interested in racquet sports, squash stands out due to its fast-paced and engaging nature. This growing interest in squash is encouraging more individuals to purchase equipment, including rackets, which in turn is boosting market growth. Additionally, educational institutions and sports academies worldwide are incorporating squash into their sports programs, thereby increasing demand for squash equipment among institutional buyers.

Technological advancement in racket manufacturing is another significant driver of the market. Innovations in materials and design have led to the production of lighter and more durable rackets, which enhance player performance. Manufacturers are focusing on utilizing materials such as graphite and composites to provide rackets with superior strength and flexibility. These advanced rackets cater to the needs of both professional players who demand high-performance gear and recreational players looking for cost-effective yet efficient options. The continuous innovation in product offerings is likely to attract a broader customer base, thus positively impacting market growth.

Furthermore, the rise of e-commerce platforms has significantly influenced the distribution channel for squash rackets. The convenience of online shopping, coupled with attractive discounts and a wide variety of products, has made online retail a preferred choice for many consumers. E-commerce platforms enable manufacturers and retailers to reach a larger audience beyond geographical boundaries, thereby expanding their customer base. The growth of online retail is also facilitated by the increasing penetration of smartphones and the internet, particularly in developing regions, which has made it easier for consumers to access these platforms.

Regionally, the squash rackets market exhibits varying growth patterns. North America remains a significant market due to the well-established sports culture and infrastructure supporting racquet sports. The region also benefits from the presence of leading squash tournaments and a substantial number of professional players. Europe, with its rich history in squash and a growing interest among younger demographics, is witnessing a steady increase in demand for squash equipment. Meanwhile, the Asia Pacific region is expected to see the highest growth rate, driven by rising disposable incomes, increasing awareness of the sport, and the development of sports infrastructure in countries like China and India. Conversely, Latin America and the Middle East & Africa regions are experiencing moderate growth, primarily driven by urbanization and the increasing popularity of health and fitness activities.

Product Type Analysis

The squash rackets market is segmented by product type, which includes graphite rackets, aluminum rackets, composite rackets, and others. Graphite rackets dominate the market due to their lightweight and durable properties, making them highly suitable for both professional and recreational players. Graphite's ability to offer superior control and power has made it a preferred choice among competitive players who seek to enhance their performance on the court. This segment is expected to maintain its dominance, driven by continuous innovations in graphite technology that improve racket aerodynamics and impact absorption.

Aluminum rackets, although not as advanced as graphite, continue to hold a significant share of the market due to their affordability and durability, making them ideal for beginners and casual players. Aluminum rackets are often favored in institutional settings such as schools and training academies where cost-effec

China Racket Sports Equipment market Size, Share, Trend & Market Analysis By Type, By Distribution Channel, By End User, Competition, Forecast & Opportunities.

The global Racquet Sports Court Rental Market expected to generate USD 12.58 billion in 2034 and a compounded annual growth rate (CAGR) of 4.9%.

The global squash equipment market, while smaller than those of tennis or badminton, exhibits steady growth driven by increasing participation in the sport, particularly in emerging economies. The market is segmented by product type (rackets, balls, eyewear, bags, shoes, accessories) and by distribution channels (supermarkets/hypermarkets, specialty stores, online stores). While established brands like Head, Babolat, and Yonex dominate, smaller niche players cater to specific segments, fostering competition and innovation in racket technology and materials. The 2.64% CAGR suggests a relatively stable, albeit not explosive, growth trajectory. This growth is likely fueled by the rising popularity of squash as a fitness activity, appealing to a demographic seeking high-intensity workouts, and the increasing accessibility of squash courts in urban areas. However, the market faces constraints, including the relatively high cost of equipment and court access compared to other racquet sports, potentially limiting participation, especially in lower-income demographics. Further growth will likely depend on promoting squash at younger ages, improving court accessibility, and leveraging digital marketing to reach potential players. The geographical distribution of the market shows significant potential for expansion in regions like Asia-Pacific and South America, where the sport's popularity is growing. North America and Europe, while currently dominant, are expected to maintain steady growth, reflecting the existing established player base and relatively high disposable incomes. The online retail channel is expected to witness significant expansion, driven by the convenience and broader reach offered by e-commerce platforms. Furthermore, the introduction of new technologies in racket design and materials will drive premium segment growth, and focusing on sustainable and eco-friendly products could attract environmentally conscious consumers. Overall, strategic investments in marketing, partnerships with fitness centers, and the development of innovative products are crucial for achieving continued growth in the squash equipment market. Recent developments include: December 2022: Yonex Co. Ltd. launched a new badminton racket series, Astrox Nextage. The Yonex Astrox Nextage is designed with a newly innovated frame that absorbs impact, providing a revolutionary hitting feel with controlled shots., December 2022: Yonex Co. Ltd launched the 7th generation VCORE racket for tennis. The product features a trajectory spin ball that drops and bounces on a greater scale. The product allows players a wider range of strategic and aggressive gameplay., September 2021: Goode Sports brand Ashway launched 2 new badminton rackets, Superlight 11 Hex and Phantom XA Pro Lite. The product has a superlight frame that helps in faster shots. The company also launched a new racket bag, AHS09, in Black/Lava color, that can carry 2 rackets at a time.. Notable trends are: Increasing Participation of Tennis Sport.

UAE Racket Sports Equipment market Size, Share, Trend & Market Analysis By Type, By Distribution Channel, By End User, Competition, Forecast & Opportunities.