The global squash rackets market size is expected to reach USD 346.5 million by 2030, registering a CAGR of 5.3% from 2024 to 2030. Significant increase in the number of squash sports tournaments across the globe is the key factor for the market growth. Moreover, increasing popularity of squash sports plays a key role in increasing the product demand.
Carbon fiber raw material segment is expected to lead the global market over the next few years. Products made of these materials have been gaining traction among amateur and professional players due to lower weight and higher strength and durability. North America dominated with a revenue share of 29.3% in 2023, driven by the high demand for sports equipment and the popularity of squash as a recreational activity.
Key companies in the squash rackets market include Head N.V., Dunlop Sport, Tecnifibre, Wilson Sporting Goods, Prince Global Sports, Babolat, Ektelon LLC., Amer Sports, ONE SPORTS s.r.l., and Harrow Sports. Major manufacturers focus on new product development to expand their market reach. For instance, in March 2019, Tecnifibre launched a new squash racket with improved design and physical properties under the brand name ‘Tecnifibre Dynergy APX 120’. This racket has arch technology with grommets and 14*17 string patterns for increased powers.
This product will be delivered within 1-3 business days.
Carbon fiber raw material segment is expected to lead the global market over the next few years. Products made of these materials have been gaining traction among amateur and professional players due to lower weight and higher strength and durability. North America dominated with a revenue share of 29.3% in 2023, driven by the high demand for sports equipment and the popularity of squash as a recreational activity.
Key companies in the squash rackets market include Head N.V., Dunlop Sport, Tecnifibre, Wilson Sporting Goods, Prince Global Sports, Babolat, Ektelon LLC., Amer Sports, ONE SPORTS s.r.l., and Harrow Sports. Major manufacturers focus on new product development to expand their market reach. For instance, in March 2019, Tecnifibre launched a new squash racket with improved design and physical properties under the brand name ‘Tecnifibre Dynergy APX 120’. This racket has arch technology with grommets and 14*17 string patterns for increased powers.
Squash Rackets Market Report Highlights
- The carbon fiber segment accounted for 75.1% of the total revenue generated in 2023. This dominance can be attributed to the superior properties of carbon fiber, such as its high strength-to-weight ratio, durability, and stiffness.
- The aluminium segment is expected to grow at a CAGR of 4.9% over the forecast period. Aluminium rackets are generally more affordable and accessible, making them popular among beginners and recreational players.
- The brick-and-mortar segment dominated the market in 2023, reflecting the traditional consumer preference for in-store shopping.
- The online segment, on the other hand, is expected to grow the fastest from 2024 to 2030, driven by the increasing penetration of the internet and the convenience of online shopping.
- North America squash rackets market dominated with a revenue share of 29.3% in 2023, driven by the high demand for sports equipment and the popularity of squash as a recreational activity.
Why should you buy this report?
- Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments
- Competitive Landscape: Explore the market presence of key players worldwide
- Future Trends: Discover the pivotal trends and drivers shaping the future of the global market
- Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions
This report addresses:
- Market intelligence to enable effective decision-making
- Market estimates and forecasts from 2018 to 2030
- Growth opportunities and trend analyses
- Segment and regional revenue forecasts for market assessment
- Competition strategy and market share analysis
- Product innovation listing for you to stay ahead of the curve
- COVID-19's impact and how to sustain in these fast-evolving markets
The leading players in the Squash Rackets market include:
- Head N.V.
- Dunlop Sport
- Tecnifibre
- Wilson Sporting Goods
- Babolat
- Amer Sports
- OLIVER Sport & Squash GmbH
- Squash Galaxy
- Harrow Sports
- Squash Pro Shop
This product will be delivered within 1-3 business days.
Table of Contents
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Squash Rackets Market Variables, Trends, & Scope
Chapter 4. Consumer Behavior Analysis
Chapter 5. Squash Rackets Market: Raw Material Estimates & Trend Analysis
Chapter 6. Squash Rackets Market: Distribution Channel Estimates & Trend Analysis
Chapter 7. Squash Rackets Market: Regional Estimates & Trend Analysis
Chapter 8. Competitive Landscape
List of Tables
List of Figures
Companies Mentioned
- Head N.V.
- Dunlop Sport
- Tecnifibre
- Wilson Sporting Goods
- Babolat
- Amer Sports
- OLIVER Sport & Squash GmbH
- Squash Galaxy
- Harrow Sports
- Squash Pro Shop
Methodology
LOADING...
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 80 |
Published | October 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 243.1 Million |
Forecasted Market Value ( USD | $ 346.5 Million |
Compound Annual Growth Rate | 5.3% |
Regions Covered | Global |
No. of Companies Mentioned | 10 |