LONDON, May 31, 2016 /PRNewswire/ -- About the Badminton Equipment Market
The global badminton equipment market is driven by a number of growth factors, one of the most important being the increase in the number of badminton tournaments being organized across the globe. The prevailing popularity of badminton tournaments like the Super Series Badminton League and the Premier Badminton League is also indicative of the fact that the market has a high growth potential for the forecast period.
Badminton is the second-most popular racquet sport, preceded only by tennis. The sport is widely played across the globe and is very popular in APAC and Europe, which is the primary reason for these regions to account for the majority of the global badminton equipment market's share. Badminton also has the second-highest participation rates after football, and more than 1.1 billion viewers watched the sport when it first debuted in the 1996 Olympics.
Technavio's analysts forecast the global badminton equipment market to grow at a CAGR of 2.32% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global badminton equipment market for 2016-2020. To calculate the market size, the report has taken into consideration the sales revenue generated by different types of badminton equipment.
The market is divided into the following segments based on geography:
- Americas
- APAC
- Europe
- MEA
Technavio's report, Global Badminton Equipment Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.
Key vendors
- Ashaway
- Babolat
- Li-Ning
- Sports Direct
- YONEX
Other prominent vendors
- Amer Sports
- ASICS
- Bedini
- Dunlop Sports Group Americas
- PACIFIC
- Pointfore
- ProKennex
- RUBY GLAMOUR
- Tatt Seng Sporting Goods
- Tecnifibre
- Trump Sports
Market driver
- Rising interest in badminton among children
- For a full, detailed list, view our report
Market challenge
- Inadequate infrastructure
- For a full, detailed list, view our report
Market trend
- Increased use of nanomaterials
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the Key vendors in this market space?
- What are the market opportunities and threats faced by the Key vendors?
- What are the strengths and weaknesses of the Key vendors ?
You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.
Download the full report: https://www.reportbuyer.com/product/3859321/
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SOURCE ReportBuyer
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