Global Badminton Equipment Market to grow at a CAGR of 2.32% during the period 2016 - 2020; Finds New Report

Report forecast the global badminton equipment market to grow at a CAGR of 2.32% during the period 2016-2020.

The global badminton equipment market is driven by a number of growth factors, one of the most important being the increase in the number of badminton tournaments being organized across the globe. The prevailing popularity of badminton tournaments like the Super Series Badminton League and the Premier Badminton League is also indicative of the fact that the market has a high growth potential for the forecast period.

Badminton is the second-most popular racquet sport, preceded only by tennis. The sport is widely played across the globe and is very popular in APAC and Europe, which is the primary reason for these regions to account for the majority of the global badminton equipment market's share. Badminton also has the second-highest participation rates after football, and more than 1.1 billion viewers watched the sport when it first debuted in the 1996 Olympics.

The report covers the present scenario and the growth prospects of the global badminton equipment market for 2016-2020. To calculate the market size, the report has taken into consideration the sales revenue generated by different types of badminton equipment.

The market is divided into the following segments based on geography:

• Americas
• APAC
• Europe
• MEA

According to the report, a key growth driver is the rising interest in badminton among children. Increasing interest in badminton among children aged 5-12 years is a major driver that is expected to propel the growth of the market over the next five years. Many schools and colleges today are providing their students with the required training for badminton, and encouraging them to participate in events and tournaments. For example, the University of Canberra Badminton Club of Australia aims to foster the club's growth by providing social play for all levels of ability, provide shuttlecocks and lend racquets along with proper coaching to its students.

Further, the report states that one challenge that could hamper market growth is the lack of adequate infrastructure to support racquet sports.

Global Badminton Equipment Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global badminton equipment market: Ashaway, Babolat, Li-Ning, Sports Direct, and YONEX.

Other Prominent Vendors in the market are: Amer Sports, ASICS, Bedini, Dunlop Sports Group Americas, PACIFIC, Pointfore, ProKennex, RUBY GLAMOUR, Tatt Seng Sporting Goods, Tecnifibre, and Trump Sports.

Market driver

• Rising interest in badminton among children
• For a full, detailed list, view our report

Market challenge

• Inadequate infrastructure
• For a full, detailed list, view our report

Market trend

• Increased use of nanomaterials
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Spanning over 64 pages and 16 Exhibit “Global Badminton Equipment Market 2016 - 2020” report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by product, Market segmentation by retail formats, Geographical segmentation, Key leading countries, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Appendix.

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