DUBLIN, June 3, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Badminton Equipment Market 2016-2020" report to their offering.
The global badminton equipment market to grow at a CAGR of 2.32% during the period 2016-2020.
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.
A trend that is influencing market growth is the increased use of nanomaterials. Modern lightweight sports equipment is preferred by consumers, particularly professional athletes, as they allow for better performance due to their improved stiffness and high strength. Lightweight sports equipment provides users with more flexibility, as it is easier to control body movements with such products.
According to the report, a key growth driver is the rising interest in badminton among children. Increasing interest in badminton among children aged 5-12 years is a major driver that is expected to propel the growth of the market over the next five years. Many schools and colleges today are providing their students with the required training for badminton, and encouraging them to participate in events and tournaments. For example, the University of Canberra Badminton Club of Australia aims to foster the club's growth by providing social play for all levels of ability, provide shuttlecocks and lend racquets along with proper coaching to its students.
Further, the report states that one challenge that could hamper market growth is the lack of adequate infrastructure to support racquet sports.
- Sports Direct
Other prominent vendors
- Amer Sports
- Dunlop Sports Group Americas
- RUBY GLAMOUR
- Tatt Seng Sporting Goods
- Trump Sports
For more information visit http://www.researchandmarkets.com/research/vn64lg/global_badminton
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SOURCE Research and Markets