Global Badminton Clothing Market – Description
For casual to non-competitive players, a comfortable pair of shorts and cotton or dri-fit t-shirt is sufficient. Some players may want to equip themselves with hand grips, wrist bands and ankle guards. Each of these items serve a purpose and might also add a dash of colour to the entire get-up.
Global Badminton Clothing Market – Overview
It is estimated for the global badminton clothing market to grow at a CAGR of 6.7% during the forecast period of 2022 to 2030. The market grew at a healthy rate even during the previous forecast period of 2018 to 2021.
The growing events across the globe such as the commonwealth, Olympics, world cup and various other leagues are estimated to boost the growth of the market. The rising popularity at school and college levels is also boosting the growth of the market during the forecast period.
The introduction of the sport on television is also playing a major part on the part of the young generation to take up the sport by coming under the influence of various tournaments that are been aired on television. This is also one of the prime factors for the growth of the market alongside social media.
Global Badminton Clothing Market – Key Trends
Costlier types of equipment to hinder the growth of the market
Badminton racquets, attire and other protective guards prove to be costlier with the increase in their quality of theirs. The increased competition in the sport has been forcing them to spend more money and purchase increased quality racquets and attire in order to improve their game. This quality is estimated to drive the growth of the market during the forecast period.
Airing on television to drive the growth of the market
The introduction of the sport on television is also playing a major part on the part of the young generation to take up the sport by coming under the influence of various tournaments that are been aired on television. This is also one of the prime factors for the growth of the market alongside social media.
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Global Badminton Clothing Market – Segmental Assessment
By Product Type
• Top Wear
• Bottom Wear
• Footwear
• Others (Socks, etc.)
It is estimated for top wear to boost the growth of the market.
By Material Type
• Natural Fabric
• Synthetic Fabric
It is estimated for natural fabric to boost the growth of the market.
By Distribution Type
• Online
• Offline
It is estimated for online segment to boost the growth of the market.
Global Badminton Clothing Market – Geographical Landscape
It is estimated for the Asia Pacific region to witness immense growth in the market. The region is expected to grow at a healthy CAGR during the forecast period. The market in Europe is projected to grow at a stable CAGR during the forecast period. The rising popularity in the region of Asia Pacific of the sport is driving the growth of the market during the forecast period.
Global Badminton Clothing Market – Competitive Hierarchy
Key players operating in the global badminton apparel market are Absolute Protech Sports (M) Sdn. Bhd., Babolat, Felet International Holdings Sdn. Bhd., FZ Forza, Li-Ning Company Limited, RSL International, Victor Rackets Industrial Corporation, Ruby Glamour Sdn Bhd (Yang Yang), Yehlex (UK), and YONEX Co., Ltd.
Report Scope
Global Badminton Clothing Market : Historical Years (2018 to 2021)
Global Badminton Clothing Market : Forecast years (2022 to 2030)
Global Badminton Clothing Market CAGR 6.7%
Key Segments Reported
By Product Type (Top wear, bottom wear, footwear and others)
By Distribution Type (Offline and Online)
By Material Type (Natural Fabric and Synthetic Fabric)
Major regions and countries covered
• North America
• Europe
• Asia Pacific
• Middle East
• Rest of the World
Key players operating in the global badminton apparel market are Absolute Protech Sports (M) Sdn. Bhd., Babolat, Felet International Holdings Sdn. Bhd., FZ Forza, Li-Ning Company Limited, RSL International, Victor Rackets Industrial Corporation, Ruby Glamour Sdn Bhd (Yang Yang), Yehlex (UK), and YONEX Co., Ltd.
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Analysis of the impact of COVID-19 and the Russia-Ukraine War:
The readers of this section will be better informed on the effects of the pandemic, the post-pandemic, and the Russia-Ukraine War on the global market for refrigerated freight services. The factors that have changed since the poll was done include demand, consumption, transportation, consumer behavior, and supply chain management. Industry experts have also emphasized the crucial factors that will help players identify opportunities and maintain the sector as a whole in the approaching years.
The main goals of report are:
- To examine and assignment the extent of the international market for the market sector.
- To Researching the important gamers globally, their SWOT analysis, market value, and market share.
- To identify, describe, and mission market based totally on type, quit use, and geography.
- To take a look at the market advantages, challenges, dangers, and constraints in the world’s principal regions.
- To pick out key traits and variables that are advertising or inhibiting market growth.
- To decide the excessive increase segments in order to have a look at the market potentialities for stakeholders.
- To consider every submarket fastidiously in phrases of its very own boom sample and market contribution.
- To know market possessions, agreements, growth, and the introduction of new merchandise as aggressive advances.
- To strategically discover the essential gamers and completely take a look at their enlargement plans.
