Top 5 Vendors in the Global Racket Sports Equipment Market from 2017 to 2021: Technavio

Technavio has published a new report on the global racket sports equipment market from 2017-2021. (Graphic: Business Wire)

???pagination.previous??? ???pagination.next???

LONDON--()--Technavio has announced the top five leading vendors in their recent global racket sports equipment market report. This market research report also lists 11 other prominent vendors that are expected to impact the market during the forecast period.

Competitive vendor landscape

According to the research analysis, the global racket sports equipment market is marked by the presence of multiple well-established competitors with considerable brand presence across regions. These competitors are constantly looking for opportunities in the market to refine their production techniques and increase efficiency and innovation. The market is anticipated to experience growth, encouraged by healthy adoption rates of racket sports in developing economies that have relatively low penetration. Over the coming years, vendors are expected to focus on strengthening their brand presence in potential markets.

According to Brijesh Kumar Choubey, a lead analyst at Technavio for outdoor gear research, “The availability of counterfeit products affects the sale of genuine equipment brands; thus vendors must increase public awareness of original products, mainly through celebrity endorsements and online retailing of sporting equipment. Besides leveraging the online platform, vendors can also use promotional strategies such as discounts on products to engage consumers and build consumer loyalty.”

Request a sample report: http://www.technavio.com/request-a-sample?report=56572

Technavio’s sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.

Technavio market research analysts identify the following key vendors:

Amer Sports

Amer Sports manufactures a wide range of sports equipment, apparel, and footwear for sports like tennis, badminton, and squash. It sells its products under brand names like Salomon, Wilson, Atomic, Arc’teryx, Mavic, Suunto, Precor, DeMarini, and Louisville Slugger. The company uses digital marketing and promotional strategies to reach out to its audience.

Babolat

Babolat invented the racket string and specialized in racket sports equipment. The company employs distributors to sell its products in South America, Europe, Africa, and Asia. The company's focus on product innovation provides it a significant competitive advantage. It develops products based on observation and analysis of games and the way they are played by club players and top professionals.

HEAD

HEAD manufactures sports equipment, apparel, and accessories for tennis, racketball, paddle, and squash. The company’s products are sold in over 85 countries. The company focuses strongly on product development and research activities to introduce new products in the market and enhance its existing product portfolio. In line with this, in 2016, HEAD launched its series of Graphene XT Cyano squash rackets.

Tecnifibre

Tecnifibre specializes in manufacturing squash and tennis equipment like rackets, balls, strings, apparel, and accessories. The company sponsors many players from all over the world in a bid to ensure greater visibility among the audiences. The company has teamed up with many different squash players to endorse its squash equipment. Mohamed El Shorbagy is one of these celebrities.

YONEX

YONEX manufactures and sells sporting goods. The company is also active in golf course management. However more than 99% of the revenue generated by the company is from the sporting goods segment. The product portfolio of the company includes sportswear, shoes, bags, rackets, string and shuttlecocks.

Browse Related Reports:

Become a Technavio Insights member and access all three of these reports for a fraction of their original cost. As a Technavio Insights member, you will have immediate access to new reports as they’re published in addition to all 6,000+ existing reports covering segments like health and wellness. This subscription nets you thousands in savings, while staying connected to Technavio’s constant transforming research library, helping you make informed business decisions more efficiently.

About Technavio

Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies.

Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.

If you are interested in more information, please contact our media team at media@technavio.com.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 630 333 9501
UK: +44 208 123 1770
www.technavio.com

Release Summary

Technavio has announced the top five leading vendors in their recent global racket sports equipment market report from 2017-2021.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 630 333 9501
UK: +44 208 123 1770
www.technavio.com