South Africa Racket Sports Equipment Market Overview, 2028

South Africa Racket Sports Equipment Market Overview, 2028

Actual Market Research 31-12-2022 68 Pages Figures : 6 Tables : 21 Region : MEA Country : South Africa Category : Consumer Goods & Services Leisure

The expansion of the market in South Africa is primarily driven by an increase in interest in outdoor activities to maintain well-being and fitness. Locals have been inspired to acquire a like for racket sports that require individual equipment as a result of the improving society in emerging regions, which is supported by an improving economy. However; the market is projected to experience a slowed expansion in the developed region. due to the preference of a large percentage of people in African countries for football and other sports and adventure. According to the research report "South Africa Racket sports equipment Market Overview, 2028," published by Bonafide Research, the market will grow by USD 30.30 Billion in the upcoming period, 2022–2028. The racket segment dominated the overall South African sports equipment market share in 2022 and is expected to remain dominant during the forecast period. In South Africa, padel tennis has grown in popularity throughout time and is played by people of all nationalities in all areas. Africa Padel is introducing the world's fastest-growing sport, which is played in more than 60 nations by over 10 million people, to Africa. A South African-Swedish corporate coalition is preparing a feast of never-before-seen tennis on the African continent. It’s not tennis, it is known as padel. Padel, a cross between tennis and squash, is often regarded as the world's fastest-growing sport, with over 10 million people participating in over 60 nations. Africa Padel now allows folks on the African continent to participate in the worldwide phenomena. Tennis has been frequently played at a variety of different events, including the Commonwealth Games and the Olympics. In addition, local governments are continuing to construct new amenities such as tennis courts, children's parks, and outdoor workout areas in public places in South Africa. Local governments in major cities are striving to promote sports that were formerly solely practiced by the affluent, such as tennis and golf. Furthermore, tennis equipment such as racquet frames, which were formerly of conventional size and shape and made mostly of laminated wood, are now created in a wide range of forms, sizes, and materials, with the introduction of metal frames being the most significant milestone. Sports organizations and governments have been at the forefront of recent advancements. South Africa stands with a rich and proud tennis history. There are still many avid supporters of the sport in the country and several tournaments are hosted throughout the year under the national governing body for the sport, 'Tennis South Africa' (TSA). The tennis racquet market in South Africa is divided into three segments: end user, distribution channel, and country. The South African tennis racquet market is divided into two segments: adults and children. Adults led the market in 2020 and are predicted to expand the quickest throughout the forecast period. The tennis racquet market is divided into supermarkets and hypermarkets, specialty stores, internet retail, and others based on the distribution channel. The specialized category led the market, with online retail predicted to expand the quickest throughout the projection period. The market for racket sports equipment is divided into rackets, balls, glasses, racket bags, shoes, and accessories based on product. Equipment specifically used in lawn tennis, table tennis, badminton, and squash is a sector of the market by sport. The market is divided into supermarkets/hypermarkets, specialty shops, internet businesses, and others based on the distribution channel. Tennis racket, Sports bags for tennis racket import shipments in South Africa were 61, imported by 5 South African Importers from 4 Suppliers. South Africa is the world's largest importer of Tennis rackets, Sport bag a tennis racket, importing the majority of its Tennis racket, Sport bag for tennis rackets from India, Germany, and France. South Africa is the leading importer of Tennis rackets, and Sports bags for tennis rackets, with 61 shipments, followed by 0 shipments in third place. Some of the players operating in the racket sports and golf equipment market are Oliver, Racketlon, decathlon, Amer Sports, Babolat, Wilson, Head, Tecnifibre, Goode Sport, GAMMA Sports, and ASICS Asia Pte. Ltd., Sumitomo Rubber Industries, Ltd., Li Ning Sports Goods Co., Ltd., Puma SE, Adidas AG, Nike, Inc., Mizuno Corporation, YONEX Co., Ltd., and Callaway among others. South Africa is extremely proficient at many sports, including rugby union, cricket, athletics, boxing, and golf. Nothing comes close to rugby union though, as the Springboks are the current World champion, and they have always been a powerhouse ever since their debut. Covid19 impact on the sports Market South Africa's racket sports equipment market has been impacted by COVID-19. As sports are played outside and the youthful population of the nation participates in them more frequently as a result, there were stringent limits on this sector, which resulted in a significant decline in demand for racket sports equipment and clothing in South Africa during the pandemic. Due to the failure of the sports business, demand for these items decreased. The nation's government placed a high priority on protecting children from the effects of the epidemic, which constrained market growth. The market share for sports apparel and equipment in South Africa began to increase. Considered in this report • Geography: South Africa • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028 Aspects covered in this report • South Africa racket equipment market with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By Product • Tennis (Lawn Tennis) • Table Tennis • Badminton • Squash • Others (Paddle, Racquetball, etc.) By Technology • Slip casting • Pressure casting • Others By End User • Men • Women • kids By Distribution Channel • Supermarkets/Hypermarkets • Specialty Stores • Online Stores • Others The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual reports of companies, and analyzing government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age groups, and gender. Once we have primary data with us we started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the racket sports industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

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