The Europe Badminton Equipment And Products Market would witness market growth of 4.7% CAGR during the forecast period (2022-2028).
The badminton equipment and products market are primarily driven by the rising interest in and popularity of the sport among people of all ages. Additionally, it is projected that a rise in badminton events at the national as well as international levels, along with corporate and government sponsorship of the sport, will support market growth. The surge is expected to be supported in the coming next few years by increasing training facilities, participants, and playgrounds.
The growing popularity of the sport also influenced the increase in the number of teams in the championship tournament to 12. Due to the fact that the top-ranked players in the world compete in these competitions, increased media attention on the major competitions and tournaments is also being seen. Additionally, the two most important regional competitions worldwide are the Asian Badminton Championships and the European Badminton Championships.
In the Europe region, particularly in Denmark, Badminton is an extremely well-liked sport. The Danish population has grown fond of this game for a number of reasons. Their high rate of success and their capacity for achievement are some of the causes. In addition, the great performance of the national players in the Badminton European Championships has made it evident that Denmark is an expert in the field. All these factors establish the prominence of badminton and hence increase the demand for badminton equipment and products, thereby augmenting the expansion of the market.
The Germany market dominated the Europe Badminton Equipment And Products Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $261.9 Million by 2028.The UK market is anticipated to grow at a CAGR of 3.8% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 5.5% during (2022 - 2028).
Based on Product, the market is segmented into Racquets, Shoes, Strings, Apparel, Shuttlecocks and Accessories. Based on Distribution Channel, the market is segmented into Hypermarkets/Supermarkets, Specialty & Sports Stores and Online. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Mizuno Corporation, ASICS Corporation, YONEX Co., Ltd., Li Ning (China) Sports Goods Co., Ltd., Babolat, Apacs Sports (M) Sdn Bhd, FELET International Holdings Sdn. Bhd., VICTOR RACKETS IND.CORP., GOSEN CO., LTD., and Yehlex (UK).
The badminton equipment and products market are primarily driven by the rising interest in and popularity of the sport among people of all ages. Additionally, it is projected that a rise in badminton events at the national as well as international levels, along with corporate and government sponsorship of the sport, will support market growth. The surge is expected to be supported in the coming next few years by increasing training facilities, participants, and playgrounds.
The growing popularity of the sport also influenced the increase in the number of teams in the championship tournament to 12. Due to the fact that the top-ranked players in the world compete in these competitions, increased media attention on the major competitions and tournaments is also being seen. Additionally, the two most important regional competitions worldwide are the Asian Badminton Championships and the European Badminton Championships.
In the Europe region, particularly in Denmark, Badminton is an extremely well-liked sport. The Danish population has grown fond of this game for a number of reasons. Their high rate of success and their capacity for achievement are some of the causes. In addition, the great performance of the national players in the Badminton European Championships has made it evident that Denmark is an expert in the field. All these factors establish the prominence of badminton and hence increase the demand for badminton equipment and products, thereby augmenting the expansion of the market.
The Germany market dominated the Europe Badminton Equipment And Products Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $261.9 Million by 2028.The UK market is anticipated to grow at a CAGR of 3.8% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 5.5% during (2022 - 2028).
Based on Product, the market is segmented into Racquets, Shoes, Strings, Apparel, Shuttlecocks and Accessories. Based on Distribution Channel, the market is segmented into Hypermarkets/Supermarkets, Specialty & Sports Stores and Online. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Mizuno Corporation, ASICS Corporation, YONEX Co., Ltd., Li Ning (China) Sports Goods Co., Ltd., Babolat, Apacs Sports (M) Sdn Bhd, FELET International Holdings Sdn. Bhd., VICTOR RACKETS IND.CORP., GOSEN CO., LTD., and Yehlex (UK).
Scope of the Study
Market Segments Covered in the Report:
By Product
- Racquets
- Shoes
- Strings
- Apparel
- Shuttlecocks
- Accessories
By Distribution Channel
- Hypermarkets/Supermarkets
- Specialty & Sports Stores
- Online
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Mizuno Corporation
- ASICS Corporation
- YONEX Co., Ltd
- Li Ning (China) Sports Goods Co., Ltd
- Babolat
- Apacs Sports (M) Sdn Bhd
- FELET International Holdings Sdn. Bhd
- VICTOR RACKETS IND.CORP
- GOSEN CO., LTD
- Yehlex (UK)
Unique Offerings
- Exhaustive coverage
- The highest number of Market tables and figures
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- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Badminton Equipment And Products Market, by Product
1.4.2 Europe Badminton Equipment And Products Market, by Distribution Channel
1.4.3 Europe Badminton Equipment And Products Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Europe Badminton Equipment And Products Market by Product
3.1 Europe Racquets Market by Country
3.2 Europe Shoes Market by Country
3.3 Europe Strings Market by Country
3.4 Europe Apparel Market by Country
3.5 Europe Shuttlecocks Market by Country
3.6 Europe Accessories Market by Country
Chapter 4. Europe Badminton Equipment And Products Market by Distribution Channel
4.1 Europe Hypermarkets/Supermarkets Market by Country
4.2 Europe Specialty & Sports Stores Market by Country
4.3 Europe Online Market by Country
Chapter 5. Europe Badminton Equipment And Products Market by Country
5.1 Germany Badminton Equipment And Products Market
5.1.1 Germany Badminton Equipment And Products Market by Product
5.1.2 Germany Badminton Equipment And Products Market by Distribution Channel
5.2 UK Badminton Equipment And Products Market
5.2.1 UK Badminton Equipment And Products Market by Product
5.2.2 UK Badminton Equipment And Products Market by Distribution Channel
5.3 France Badminton Equipment And Products Market
5.3.1 France Badminton Equipment And Products Market by Product
5.3.2 France Badminton Equipment And Products Market by Distribution Channel
5.4 Russia Badminton Equipment And Products Market
5.4.1 Russia Badminton Equipment And Products Market by Product
5.4.2 Russia Badminton Equipment And Products Market by Distribution Channel
5.5 Spain Badminton Equipment And Products Market
5.5.1 Spain Badminton Equipment And Products Market by Product
5.5.2 Spain Badminton Equipment And Products Market by Distribution Channel
5.6 Italy Badminton Equipment And Products Market
5.6.1 Italy Badminton Equipment And Products Market by Product
5.6.2 Italy Badminton Equipment And Products Market by Distribution Channel
5.7 Rest of Europe Badminton Equipment And Products Market
5.7.1 Rest of Europe Badminton Equipment And Products Market by Product
5.7.2 Rest of Europe Badminton Equipment And Products Market by Distribution Channel
Chapter 6. Company Profiles
6.1 ASICS Corporation
6.1.1 Company Overview
6.1.2 Financial Analysis
6.1.3 Segmental Analysis
6.1.4 Research & Development Expenses
6.1.5 Recent strategies and developments:
6.1.5.1 Geographical Expansions:
6.2 YONEX CO., LTD.
6.2.1 Company Overview
6.2.2 Financial Analysis
6.2.3 Segmental and Regional Analysis
6.2.4 Research & Development Expenses
6.2.5 Recent strategies and developments:
6.2.5.1 Partnerships, Collaborations, and Agreements:
6.3 Mizuno Corporation
6.3.1 Company Overview
6.3.2 Financial Analysis
6.3.3 Segmental and Regional Analysis
6.4 Li Ning (China) Sports Goods Co., Ltd.
6.4.1 Company Overview
6.4.2 Financial Analysis
6.4.3 Product Category and Regional Analysis
6.4.4 Research & Development Expenses
6.5 Apacs Sports (M) Sdn Bhd
6.5.1 Company Overview
6.6 Felet International Holdings Sdn Bhd
6.6.1 Company Overview
6.7 Victor Rackets Ind.Corp.
6.7.1 Company Overview
6.8 Gosen Co., Ltd.
6.8.1 Company Overview
6.9 Yehlex (UK)
6.9.1 Company Overview
6.10. Babolat
6.10.1 Company Overview
Companies Mentioned
- Mizuno Corporation
- ASICS Corporation
- YONEX Co., Ltd.
- Li Ning (China) Sports Goods Co., Ltd.
- Babolat
- Apacs Sports (M) Sdn Bhd
- FELET International Holdings Sdn. Bhd.
- VICTOR RACKETS IND.CORP.
- GOSEN CO., LTD.
- Yehlex (UK)
Methodology
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