According to a new report by Research and Markets, the global tennis racquets market is expected to reach US$906.14 million by 2029, representing a compound annual growth rate (CAGR) of 8.96 percent in the 2023-2029 forecast period.
Global tennis tournaments, which showcase the latest innovations in racquet technology, and the rising popularity of tennis as a recreational sport fuel the demand for tennis racquets worldwide. A notable trend in the global tennis racquets market is the increasing demand for personalization by amateur and professional players, pushing manufacturers to offer customizable features. Customization options range from adjustable string tensions to interchangeable grommet systems, the ability to modify grip sizes and more, including online tools or in-store experiences guiding players through the customization process.
Another notable trend involves the integration of smart technology into tennis racquets. Smart racquets are equipped with sensors that capture data on multiple aspects of a player’s performance, such as ball impact location, the number of shots played, or swing speed. As the Internet of Things (IoT) continues to expand, the integration of smart technology into tennis racquets is expected to become more sophisticated, says the report.
Manufacturers are also increasingly responding to growing environmental awareness, leading to a trend in the tennis industry towards adopting eco-friendly materials and manufacturing practices. Alternatives to traditional materials, such as recycled plastics, responsibly sourced wood, and other eco-friendly components, are increasingly being incorporated into the production of tennis racquets.
According to the report, North America is the dominant region in the global tennis racquets market. A solid tennis culture and high-profile tournaments, such as the US Open and others, characterize the region.
