UAE Racket Sports Equipment Market Overview, 2028

UAE Racket Sports Equipment Market Overview, 2028

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

The growing popularity of table tennis and increased sports participation, along with increased awareness of fitness and exercise among people has given rise to demands for various racket sports equipment markets in UAE. Additionally, a focus on sports education and training in academics is further expected to drive the growth of the UAE racket sports equipment market. The development of this industry in the country is influenced by a variety of factors. Soon, the industry will rank among the most crucial ones in the United Arab Emirates. 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. According to the research report "UAE Racket sports equipment Market Overview, 2028," published by Bonafide Research, the market will grow by USD 1.72 Billion in the upcoming year, 2022–2028. The racket segment dominated the overall UAE sports equipment market share in 2022 and is expected to remain dominant during the forecast period. By collaborating with 40 schools on how to teach and involve kids in the sport, the BWF's "grassroots" programmer, Shuttle Time Dubai, seeks to increase badminton's popularity and profile in the emirate. According to BWF President Poul-Erik Hyer in his interview with Vision, the "BWF Destination Dubai World Superseries Finals" leg was planned to be the first-ever international competition organized in the Middle East. A nonprofit community project called Ping Pong Dubai seeks to inspire people from all walks of life to take up a bat and play table tennis. The Dubai Sports World has courts for several sports in Dubai, including badminton. While this is one of the most popular places to play badminton in Dubai, the Dubai Sports World is only available during the summer months, between June and September. Padel is becoming a popular game in the UAE. According to Eisa Al Marzooqi, a board member of the UAE Padel Association, the country has over 350 private and public courts. According to estimates, there are 10,000 padel players in the UAE. Tennis is popular in the UAE since it is a quick game. Kids have been encouraged to play the game because of its widespread fandom after observing their parent's enthusiasm for it. Tennis and table tennis equipment are in higher demand in the local market as a result of the creation of numerous groups that teach kids to play the game and regular neighborhood matches. Adults are interested in the game because of the leagues and matches that take place frequently throughout the year and keep spectator interest high. The need for professional gear also develops for the numerous teams and players that devote a lot of time to practice for the games. Thus, it can be concluded that the region's residents can get their own set of racket sports equipment because of the market's abundance of items with a range of costs that practically everyone can afford. The market for sports equipment is segmented into many categories, including rackets, balls, bags, eyewear, and accessories (Cap, Wrist bands, Headbands, Racquet grips, Racquet Strings, Racquet Covers, Gloves Etc.)Retail and wholesale distribution, supermarkets/hypermarkets, specialty stores, online retailers, and other distribution channels are all examined based on the distribution channel. Additionally, one of the key drivers of the expansion of the UAE sports equipment market is online retail, Dubai store is UAE's new online marketplace. The Dubai Duty-Free Tennis Championships is one of the most eagerly anticipated events on the UAE sporting calendar and one of the most popular tournament stops for the ATP World Tour and the WTA Tour. However, the increasing adoption of the internet, cell phones, laptops, and other electronic media and entertainment devices, which leads to a rise in young engagement in indoor activities, is impeding the market growth. On the other hand, the entry of big brands into markets where there is a lack of availability of sports facilities and products, the establishment of sports facilities, sports centers, and playgrounds by key players, the donation of sports equipment, the construction of sports facilities, the conduct of free sports competitions, the provision of free training to potential athletes by various organizations and NGOs, and the growing interest of the youth in sports are expected to offer opportunities. Covid19 impact on the sports Market There was a massive reduction in demand for sports equipment in the United Arab Emirates during the pandemic as people were confined to their homes. The demand for these products declined as the sports industry was hit hard. The country’s government was focused on saving the youth from the impacts of the pandemic which restricted market development. The United Arab Emirates (UAE) Sports Equipment started growing back in 2021. Considered in this report • Geography: UAE • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028 Aspects covered in this report • UAE 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 Personal Care Appliances 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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