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UK Racket Sports Equipment Market Overview, 2028

UK Racket Sports Equipment Market Overview, 2028

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

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The UK is leading the market for racket sports they used to play more and more athletes in the past. now use a racket to play. numerous outdoor games that can be played with a racket. The major racket sports include badminton, squash, table tennis, and tennis. It has a large youth population, and the majority of them enjoy racket sports. A London-based firm called RacketPal is on a quest to connect more than a billion players and fans of racket sports with their ideal playing partners. The software focuses on racquet sports players and their demands to provide users with a more individualized experience, help them locate sports partners who are on the same level as them, play more games, and advance their skills. This is how the concept for RacketPal came to be. It has now developed into a smartphone application that enables users to look up and connect with players in their region depending on skill level and availability. The app, which was released in 2019, has already brought together more than 12,000 Londoners, who have organized more than 6,000 matches and exchanged more than 35,000 messages. It opens the door to full AI-based coaching for every match. The Technology Strategy Board, the UK's innovation agency, has been renamed "Innovate UK." Bringing a novel idea to the market is difficult. Innovate UK invests in, supports, and connects innovative companies. According to the research report "U.K. Racket Sports Market Overview, 2028," published by Bonafide Research, the UK racket sports market is excepted to add USD 16.031 Million by 2028. There are now numerous racket sports variations based on rackets and all equipment. Because of the new technology and upgraded products. People always want new and innovative products on the market. The racket costs between 16 and 200 pounds on average. In the UK there are 28 courts. The top player in tennis in the UK are Andy Murray, Emma Raducanu, dan Evans and many more. Some many key manufacturers and industries produce the best racket sports equipment in the UK. And the majority of sports equipment buyers in the UK are between the ages of 16 and 44. Rackets come in a variety of styles, including head heavy, head light, and balanced. And there are also different types of balls with different colors. And many more sports equipment items are available on the market, such as bags, eyewear, and other accessories like the cap, wristband, headband, racket grip, racket string, racket cover, glove, and many more. Government initiatives and individual spending on sporting activities, on the other hand, have paved the way for commercial expansion. Tennis's rise as a recreational sport among populations in both developed and emerging nations has had a significant impact on the market's growth trajectory. Furthermore, the increased participation of children in sports and their desire to join tennis club teams have fueled product demand. In addition, many budding sports advocates choose professional tennis as a career path. As a result, the aforementioned elements have substantially aided the development of the Tennis Company and the demand for a tennis racquet, and it is expected to sustain market expansion in the next few years. COVID 19 impact In the short term, consumer buying is projected to grow, owing to increased participation in tennis, an offset in consumer buying, and a rise in the discretionary income of consumers. The tennis racquets market expanded in both volume and value terms, while unit growth outpaced value growth, implying a lower average price throughout the continent. Considered in this report • Geography: Global • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028 Aspects covered in this report • Germany racket sports equipment market with its value and forecast along with its segments • Region-wise racket sports equipment market analysis • 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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