Spain Racket Sports Equipment Market Overview, 2028

Spain Racket Sports Equipment Market Overview, 2028

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

People in Spain are more accustomed to participating in racket sports, particularly pedal sports. Padel is a racket sport that mixes tennis, squash, and badminton features. It is only played in doubles and is practiced both indoors and outdoors. Enrique Corcuera of Mexico originated the game and established the first padel club in Marbella in 1974. The sport grew in popularity in Spain, which has been the professional circuit host of the World Padel Tour since 2005. Padel has surpassed tennis as the most popular sport in Spain. Approximately 900,000 padel racquets are sold each year, compared to 400,000 tennis racquets. This padel fever is spreading throughout the country. According to the research report "Spain Racket Sports Market Overview, 2028," published by Bonafide Research, the Spain racket sports market is expected to reach USD 32.4 Million by 2028. It’s gradually increased the market for racket sports because now people are not sticking to one sport; they all play badminton, padel, squash, and many more games related to rackets. Tennis rackets are classified into four types: power rackets, control or player's rackets, hybrid rackets, and modern player's rackets. It is a difficult task for manufacturers to create appealing new and upgraded rackets for athletes and players. With more courts popping up in various locations, squash is becoming more and more popular in Spain. Most major cities now have squash clubs, and many tennis clubs and sports facilities contain some squash courts. Spain has 1000 padel clubs, 11,000 to 14,000 courts, and it is estimated that 2 to 6 Million people play padel. The Spanish Badminton Federation is the governing body for the sport of badminton in Spain. The organization hosts the annual Spanish International Badminton Tournament and has also hosted the 2001 and 2006 IBF World Championships. The price of the ball and tennis is different from product to product. In Spain, there is a large number of racketball players. Padel, on the other hand, is the most popular sport in the country. Spain has one gold medal, seven silver medals, and three bronze medals from the Olympics in table tennis. The racket sports are available through specialty stores, and online in Spain. Accessories such as caps, wristbands, headbands, racket grips, racket covers, gloves, and many others are available. and a variety of bags and eyewear. In Spain 8 largest racket sports group. Rafael Nadal is a top player in Spain for tennis. The prohibitive cost of training also contributed to the sport's low appeal. On the other hand, public policies and consumer spending on sporting events have made room for company expansion. Tennis' appeal as a recreational sport among people in developed and emerging nations has significantly influenced the market's growth trajectory. Children's increasing sports participation and their desire to join tennis club teams have also increased demand for the product. Many prospective sports advocates also choose to seek careers in tennis. The Tennis Company's development and the demand for tennis racquets have therefore both profited greatly from the aforementioned variables, and it is projected that this trend will continue market expansion shortly. COVID 19 impact As the coronavirus spreads over the world, an increasing number of important sporting events and matches (at the international, regional, and/or national levels) had been postponed or canceled to protect the health of athletes, spectators, and everyone else involved. The goals of this research were to ascertain the COVID-19 health crisis's consequences on Spanish high-performance athletes in terms of their training, quality of life, and emotional condition and to identify the profile that experienced the most difficulties both during and after the lockdown. Considered in this report • Geography: Spain • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028 Aspects covered in this report • Spain racket sports types of 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 Type: • Rackets • Balls • Bags • Eyewear • Accessories (Cap, Wrist bands, Headband, Racquet Grips, Racquet Strings, Racquet Covers, Gloves Etc.) By Sports Type: • Tennis (Lawn Tennis) • Table Tennis • Badminton • Squash • Padel • Others (Racquetball) By Distribution Channel: • Hypermarkets/Supermarkets • Specialty Stores • Online Stores • Other Distribution Channels By End-User: • Men • Women • Kids 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, and annual reports of companies, analyzing the 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 equipment 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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