The North America Badminton Equipment And Products Market would witness market growth of 4.2% CAGR during the forecast period (2022-2028).
The most appropriate badminton racquets should weigh between 70 and 95 grams and be lightweight. Carbon fiber composite is used in modern racquets, which is expected to boost the market growth. Even with restrictions on size and shape, the rackets come in a wide variety of designs. Oval-shaped racquets have been used extensively and are still readily available.
Badminton is becoming more and more popular because it is simple to play and learn. It is assumed that approximately an hour of badminton play burns about 450 calories and lowers the risk of diseases. Additionally, it is thought that the popularity of badminton among children will spur market expansion. A recent trend is to use more lightweight resources by incorporating nanomaterial into badminton equipment.
In this region, the USAB (USA Badminton) and Badminton Canada are two prominent national bodies that govern the rules, regulations, and tournament schedules related to the sport. The USAB's primary objectives as the sport's national governing body are to promote and encourage greater badminton participation across the country as well as to assist and develop American athletes. Badminton Canada is made up of 13 member organizations that represent all of Canada's provinces and territories. Both of these organizations have increased their efforts in raising the prominence of badminton at par with other famous sports by organizing tournaments. Such factors have raised regional awareness about the sport in general and thus help in boosting the growth of the badminton equipment and products market.
The US market dominated the North America 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 $917.8 Million by 2028.The Canada market is poised to grow at a CAGR of 6.6% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 5.7% 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 U.S., Mexico, Canada, and Rest of North America.
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 most appropriate badminton racquets should weigh between 70 and 95 grams and be lightweight. Carbon fiber composite is used in modern racquets, which is expected to boost the market growth. Even with restrictions on size and shape, the rackets come in a wide variety of designs. Oval-shaped racquets have been used extensively and are still readily available.
Badminton is becoming more and more popular because it is simple to play and learn. It is assumed that approximately an hour of badminton play burns about 450 calories and lowers the risk of diseases. Additionally, it is thought that the popularity of badminton among children will spur market expansion. A recent trend is to use more lightweight resources by incorporating nanomaterial into badminton equipment.
In this region, the USAB (USA Badminton) and Badminton Canada are two prominent national bodies that govern the rules, regulations, and tournament schedules related to the sport. The USAB's primary objectives as the sport's national governing body are to promote and encourage greater badminton participation across the country as well as to assist and develop American athletes. Badminton Canada is made up of 13 member organizations that represent all of Canada's provinces and territories. Both of these organizations have increased their efforts in raising the prominence of badminton at par with other famous sports by organizing tournaments. Such factors have raised regional awareness about the sport in general and thus help in boosting the growth of the badminton equipment and products market.
The US market dominated the North America 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 $917.8 Million by 2028.The Canada market is poised to grow at a CAGR of 6.6% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 5.7% 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 U.S., Mexico, Canada, and Rest of North America.
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
- US
- Canada
- Mexico
- Rest of North America
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 North America Badminton Equipment And Products Market, by Product
1.4.2 North America Badminton Equipment And Products Market, by Distribution Channel
1.4.3 North America 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. North America Badminton Equipment And Products Market by Product
3.1 North America Racquets Market by Country
3.2 North America Shoes Market by Country
3.3 North America Strings Market by Country
3.4 North America Apparel Market by Country
3.5 North America Shuttlecocks Market by Country
3.6 North America Accessories Market by Country
Chapter 4. North America Badminton Equipment And Products Market by Distribution Channel
4.1 North America Hypermarkets/Supermarkets Market by Country
4.2 North America Specialty & Sports Stores Market by Country
4.3 North America Online Market by Country
Chapter 5. North America Badminton Equipment And Products Market by Country
5.1 US Badminton Equipment And Products Market
5.1.1 US Badminton Equipment And Products Market by Product
5.1.2 US Badminton Equipment And Products Market by Distribution Channel
5.2 Canada Badminton Equipment And Products Market
5.2.1 Canada Badminton Equipment And Products Market by Product
5.2.2 Canada Badminton Equipment And Products Market by Distribution Channel
5.3 Mexico Badminton Equipment And Products Market
5.3.1 Mexico Badminton Equipment And Products Market by Product
5.3.2 Mexico Badminton Equipment And Products Market by Distribution Channel
5.4 Rest of North America Badminton Equipment And Products Market
5.4.1 Rest of North America Badminton Equipment And Products Market by Product
5.4.2 Rest of North America 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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