Tennis Racket Damper Market Size, Share, Growth and Industry Analysis, By Type (for adults, for children), By Application (Online sales, Offline sales), and Regional Insights and Forecast to 2032
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TENNIS RACKET DAMPER MARKET OVERVIEW
The global Tennis Racket Damper Market size was valued at approximately USD 0.05 billion in 2023 and is expected to reach USD 0.09 billion by 2032, CAGR of 6% during the forecast period.
It is a general finding that the tennis racket damper is experiencing growth prospects as tennis progresses as a recreational and professional workout sport. Having studied the subject, it can be concluded that such small though rather useful additional attributes used to minimize the impact and increase the comfort during a play, has become a norm for amateurs as well as professionals. Thanks to the desire for uprated play and feel, the market for tennis racket dampers is set to grow.
Current developments in technologies are clamouring into controlling the techniques of manufacturing dampers to have greater durability, increased capability to absorb shock and accommodate customization. This is not only useful in lessening injuries but also takes part in improving player satisfaction, thus promoting the tennis racket damper market. Further, the increasing trend in sports among the young people and the increasing number of tournaments conducting in all over the world also adding the growth in the market.
COVID-19 Impact: Market Growth Restrained by Epidemic due to Supply Chain Disruptions Caused a Temporary Decline in Production
The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the rise in CAGR is attributable to market’s growth and demand returning to pre-pandemic levels.
The lockdown that was occasioned by COVID-19 affected the production of tennis racket dampers because manufacturing and supply chains were disrupted temporarily. In such circumstances, several factories were closed down, or they worked at minimal production capacity that limited the supply of commodities. When the restrictions were relaxed and people started going out for exercise and recreation or resumed work and school, which saw a rise in the participation in sports activities such as tennis, the demand for the tennis racket dampers increased.
LATEST TRENDS
Technological Advancements Drive Demand for High-Performance Dampers
With players demanding better performing tennis rackets the enhanced material and design technologies development processes increase the need for high performance tennis racket dampers. Such features include new and improved cone shaped dampers that can be adjusted according to player’s preference and demands and which also increase the capacity of the game in terms of vibrations.
TENNIS RACKET DAMPER MARKET SEGMENTATION
By Type
- For Adults: Most tennis racket dampers are intended for sale to adults, which is the biggest market by far. These dampers provide certain flexibility with regards to sound preferences for professional players as well as those who only play casually.
- For Children: This segment targets the increasing youthful tennis loving generation. There are also children’s tennis racket dampers which adds comfort and reduces vibrations so that the child is going to learn and not be so strained while holding the racket.
By Application
- Online Sales: Due to the increase in tablet sales, the online sales category has been given a further momentum. Because of this, there has been the convenience to acquire tennis racket dampers from several online stores with additional choices of products and companies.
- Offline Sales: However, the offline sales of the clothes through sports equipment stores and another special store, are also quite high. This segment has a relatively stable market since players usually prefer to touch and feel the products they want to buy.
DRIVING FACTORS
Increasing Sports Participation Fuels Market Growth
The increasing number of participants in the tennis market due to increased awareness on physical fitness and more tennis academies and championships is also driving the demand of tennis racket dampers. More and more people follow this sport as a passion, this means the need for the materials that will support comfort and or better performance is on the rise hence the high demand for the tennis racket damper.
Technological Innovations Lead to Product Enhancement
New composite material and elegant designs in construction of tennis racket dampers are improving product function and strength. Companies are aiming at developing dampers that can experience as little vibration as humanely possible in order to reduce the occurrence of injuries and enhance playing quality. This concern with innovation is pushing the market on as players look for progressively improved solutions.
RESTRAINING FACTOR
Limited Awareness in Emerging Markets Hinders Growth
Again, weak awareness from the potential consumers mainly the casual sports customers and the new generation players to the use of tennis racket dampers hinders the market development in the emerging markets. Although sport of tennis is on the rise in these regions, the market for such accessories is unnoticed as such items are not well known.
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TENNIS RACKET DAMPER MARKET REGIONAL INSIGHTS
North America, mostly the United States Leading the market due to Deep-rooted tennis culture and huge amount of tennis devotees
The market is primarily segregated into Europe, Latin America, Asia Pacific, North America, and Middle East & Africa.
As for the tennis racket damper market share, it is different greatly by region; the largest demand is to be found in North America as tennis is often played professionally and recreationally. America is highlighted as a major market due to the well-developed sports culture and quite a roster of tennis tournaments. At the same time, there is appreciable growth in the Asia-Pacific region especially in the recent years due to the escalating interest in Tennis of the countries such as China and Australia. Proves that this region has significant growth opportunity especially given increasing disposable income and middle-class populations. Europe is also another market that has been used due to the constant need for tennis rackets dampers as a result of the hard and consistency of tennis players in the region.
KEY INDUSTRY PLAYERS
Most of the companies operating in the tennis racket damper market are involved in continuous innovation and product development. Currently, the leading manufacturers of tennis racquets such as Wilson, Babolat, and Decathlon are attempting to invest more in research and development to introduce the dampers with more improved performance characteristics. However, there are also some manufacturers like the ‘Milesun Rubber & Plastic Technology’ ‘Zhongshan Mingxin Silicone Manufactory’ which are further diversifying their products of dampers, as the market is shifting towards custom made and high-quality goods. Furthermore, there is the Xiamen Powerti Sports Goods and Ownstar International Industrial which are working on ways to expand on their market share in the markets. Such companies are also involved in merger and expansion activities that will help them consolidate their stand in the market as well as go international.
List of Top Tennis Racket Damper Companies
- Wilson (U.S)
- Babolat (France)
- Decathlon (France)
- Milesun Rubber & Plastic Technology (China)
- Zhongshan Mingxin Silicone Manufactory (China)
- Ownstar International Industrial (China)
- Xiamen Powerti Sports Goods (China)
- Head (Austria)
- Yonex (Japan)
- Prince Sports (U.S)
- Tecnifibre (France)
INDUSTRIAL DEVELOPEMENT
June 2023: The tennis racket damper market is undergoing enhanced industrialization as there are more and more manufacturers pay attention to environmental protection and the innovation of green processes. Manufacturers are seeking the production of biodegradable and recycle materials in the manufacture of damper to conform to international standards. Further, improved manufacturing technologies are keeping pace with the developments in the manufacturing industries, and the improvements in the technologies are going to reduce the costs of the product and make high quality dampers available in the market to a number of customers. This transition towards sustainability is not only advantages for the environment but also leans itself to current consumer trends of demanding more environmentally friendly products.
REPORT COVERAGE
The report has bifurcated the tennis racket damper market into past data on the basis of historic years from 2018 to 2021 and on the forecast of 2022 to 2029. It provides micro and macro level information of the market such as trends, growth factors and restraints. It categorizes the global market by type, application, and region and thus helps analyze specific niche markets of the global shield machine market. In addition, it has information on the market players, their strategies, products, and activities in the last few months.
Besides including figures on sales volume and revenues, the report also has somewhat qualitative material, concerning the influence of certain technologies and new products, on the market. This broad coverage is meant to meet information needs of manufacturers, entrants and all companies in this industry to make right business propositions and establish concrete strategies for their growth.
Attributes | Details |
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Market Size Value In |
US$ 0.05 Billion in 2023 |
Market Size Value By |
US$ 0.09 Billion by 2032 |
Growth Rate |
CAGR of 6% from 2023 to 2032 |
Forecast Period |
2024-2032 |
Base Year |
2024 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered | |
By Type
|
|
By Application
|
FAQs
The global tennis racket damper market size is expected to reach USD 0.09 billion by 2032.
The tennis racket damper market is expected to exhibit a CAGR of 6% by 2032.
Some of the major manufacturers of the tennis equipment are Wilson, Babolat and Decathlon.
COVID-19 first of all affected supply side in the industry as it interfered with the supply chain but later stimulated demand as sporting activities were resumed.