North America Tennis Racquet Market Forecast to 2031 – Regional Analysis – by End User [Adults (Men and Women) and Kids], Material (Graphite, Titanium, Carbon Fiber, and Others), and Distribution Channel (Supermarkets & Hypermarkets, Specialty Stores, Online Retail, and Others)
The North America tennis racquet market was valued at US$ 162.20 million in 2023 and is expected to reach US$ 238.72 million by 2031; it is estimated to register a CAGR of 4.9% from 2023 to 2031.
Adoption of Tennis as Recreational Sport in Young Population Fuels North America Tennis Racquet Market
Growing awareness regarding the significance of sports in sustaining fitness and health has increased the participation rate in tennis worldwide. Furthermore, tennis has gained significant popularity, particularly among the elderly population, in matured economies including Germany, France, and the US. Moreover, it also exhibits certain advantages such as increasing aerobic activities, lowering resting heart rate and blood pressure, improving metabolic function, and increasing bone density. In addition to this, cardio tennis has gained remarkable popularity among all age groups. It is a group activity that includes a high-energy workout, including warm-up and cardio workouts to burn calories in a healthy way. Cardio tennis follows the positive trends in group exercise and fitness, and Net Generation is also focusing on bringing more youth into the sport. On January 12, 2023, The United States Tennis Association (USTA), stated that the number of US tennis participants grew by 1 million players in 2022, with more than 23.6 million playing tennis, and it was the third consecutive year that the sport had seen an increase. As the participants are entering maturity and consequently experiencing increased flexible income, spending on participation in multiple sports activities has increased. This has been highly beneficial for the development of the tennis industry, and demand for tennis equipment is projected to support the expansion of the tennis racquet market over the forecast period.
North America Tennis Racquet Market Overview
The North America region includes the US, Canada, and Mexico. The US and Canada are the most prominent sports nations, with various sports facilities and infrastructure, hosting major sporting events in the countries. Increased awareness about a healthy lifestyle associated with playing tennis is expected to boost the growth of the tennis racquet market during the forecast period. Growing fitness consciousness among all age groups has increased the participation rate of people in sports, which benefits not only the nation's health but also the economy. Additionally, the increased participation of the population in tennis has also been supported due to the increased adoption of tennis as a recreational sport among the youth. According to the United States Tennis Association (USTA), the US tennis participation grew by 1 million players in 2022, with over 23.6 million people playing the sport, for the third consecutive year, and sports participation has increased. In Canada, tennis participation also increased by 1 million players in 2022, according to a report by the Physical Activity Council (PAC), released on March 14, 2023. Hence, the results mentioned above favor the growth of the tennis racquet market. Further, the rising tennis associations' support across the region has encouraged the players to adopt the tennis racquet. For instance, the United States Tennis Association (USTA) Foundation has contributed over US$ 7 million in support, services and allocated to National Junior Tennis League (NJTL) chapters, which support under-resourced youth through free or low-cost tennis and education programs. Additionally, it awarded over US$ 435,000 in scholarships for 46 student leaders in 2022. Thus, massive support by the associations tends to result in the vast adoption of tennis amongst the population, projected to drive the tennis racquet market growth.
North America Tennis Racquet Market Revenue and Forecast to 2031 (US$ Million)
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North America Tennis Racquet Market Segmentation
The North America tennis racquet market is segmented into end user, material, distribution channel, and country.
Based on end user, the North America tennis racquet market is bifurcated into adults and kids. The adults segment held a larger market share in 2023. Furthermore, the adults segment is sub segmented into men and women.
In terms of material, the North America tennis racquet market is categorized into graphite, titanium, carbon fiber, and others. The carbon fiber segment held the largest market share in 2023.
By distribution channel, the North America tennis racquet market is segmented into supermarkets & hypermarkets, specialty stores, online retail, and others. The supermarkets & hypermarkets segment held the largest market share in 2023.
By country, the North America tennis racquet market is segmented into the US, Canada, and Mexico. The US dominated the North America tennis racquet market share in 2023.
YONEX Co Ltd, Sumitomo Rubber Industries Ltd, HEAD, Babolat, Wilson Sporting Goods, GAMMA Sports, PACIFIC Holding GmbH, Maus Freres SA, and Authentic Brands Group LLC. are some of the leading companies operating in the North America tennis racquet market.
1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Tennis Racquet Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 North America PEST Analysis
4.3 Ecosystem Analysis
4.3.1 Raw Material Suppliers
4.3.2 Manufacturers
4.3.3 Distributors/Suppliers
4.3.4 End Use
4.3.5 List of Vendors in the Value Chain
5. North America Tennis Racquet Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Adoption of Tennis as Recreational Sport in Young Population
5.1.2 Rising Government Support to Sports
5.2 Market Restraints
5.2.1 High Expenses Related to Tennis
5.3 Market Opportunities
5.3.1 Adoption of Eco-Friendly Material For Tennis Racquets
5.4 Future Trends
5.4.1 New Product Innovations
5.5 Impact of Drivers and Restraints:
6. Tennis Racquet Market – North America Analysis
6.1 North America Tennis Racquet Market Overview
6.2 Tennis Racquet Market Volume (Thousand Units), 2020–2031
6.3 Tennis Racquet Market Volume Forecast and Analysis (Thousand Units)
6.4 Tennis Racquet Market Revenue (US$ Million), 2020–2031
6.5 Tennis Racquet Market Forecast and Analysis
7. North America Tennis Racquet Market Volume and Revenue Analysis – by End User
7.1 Adults
7.1.1 Overview
7.1.2 Adults: Tennis Racquet Market – Volume and Forecast to 2031 (Thousand Units)
7.1.3 Adults: Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million)
7.2 Men
7.2.1 Men: Tennis Racquet Market – Volume and Forecast to 2031 (Thousand Units)
7.2.2 Men: Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million)
7.3 Women
7.3.1 Women: Tennis Racquet Market – Volume and Forecast to 2031 (Thousand Units)
7.3.2 Women: Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million)
7.4 Kids
7.4.1 Overview
7.4.2 Kids: Tennis Racquet Market – Volume and Forecast to 2031 (Thousand Units)
7.4.3 Kids: Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million)
8. North America Tennis Racquet Market Volume and Revenue Analysis – by Material
8.1 Graphite
8.1.1 Overview
8.1.2 Graphite: Tennis Racquet Market – Volume and Forecast to 2031 (Thousand Units)
8.1.3 Graphite: Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million)
8.2 Titanium
8.2.1 Overview
8.2.2 Titanium: Tennis Racquet Market – Volume and Forecast to 2031 (Thousand Units)
8.2.3 Titanium: Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million)
8.3 Carbon Fiber
8.3.1 Overview
8.3.2 Carbon Fiber: Tennis Racquet Market – Volume and Forecast to 2031 (Thousand Units)
8.3.3 Carbon Fiber: Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million)
8.4 Others
8.4.1 Overview
8.4.2 Others: Tennis Racquet Market – Volume and Forecast to 2031 (Thousand Units)
8.4.3 Others: Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million)
9. North America Tennis Racquet Market Volume and Revenue Analysis – by Distribution Channel
9.1 Supermarkets & Hypermarkets
9.1.1 Overview
9.1.2 Supermarkets & Hypermarkets: Tennis Racquet Market – Volume and Forecast to 2031 (Thousand Units)
9.1.3 Supermarkets & Hypermarkets: Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million)
9.2 Specialty Stores
9.2.1 Overview
9.2.2 Specialty Stores: Tennis Racquet Market – Volume and Forecast to 2031 (Thousand Units)
9.2.3 Specialty Stores: Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million)
9.3 Online Retail
9.3.1 Overview
9.3.2 Online Retail: Tennis Racquet Market – Volume and Forecast to 2031 (Thousand Units)
9.3.3 Online Retail: Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million)
9.4 Others
9.4.1 Overview
9.4.2 Others: Tennis Racquet Market – Volume and Forecast to 2031 (Thousand Units)
9.4.3 Others: Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million)
10. Tennis Racquet Market – Country Analysis
10.1 North America Market Overview
10.1.1 North America Tennis Racquet Market Breakdown, by Key Country, 2023 and 2031 (%)
10.1.1.1 North America Tennis Racquet Market Volume and Forecast and Analysis – by Country
10.1.1.2 North America Tennis Racquet Market Revenue and Forecast and Analysis – by Country
10.1.1.3 United States Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million)
10.1.1.3.1 United States Tennis Racquet Market Breakdown by End User
10.1.1.3.2 United States Tennis Racquet Market Breakdown by Material
10.1.1.3.3 United States Tennis Racquet Market Breakdown by Distribution Channel
10.1.1.4 Canada Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million)
10.1.1.4.1 Canada Tennis Racquet Market Breakdown by End User
10.1.1.4.2 Canada Tennis Racquet Market Breakdown by Material
10.1.1.4.3 Canada Tennis Racquet Market Breakdown by Distribution Channel
10.1.1.5 Mexico Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million)
10.1.1.5.1 Mexico Tennis Racquet Market Breakdown by End User
10.1.1.5.2 Mexico Tennis Racquet Market Breakdown by Material
10.1.1.5.3 Mexico Tennis Racquet Market Breakdown by Distribution Channel
11. Competitive Landscape
11.1 Heat Map Analysis by Key Players
11.2 Company Positioning & Concentration
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 Merger and Acquisition
13. Company Profiles
13.1 YONEX Co., Ltd.
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Sumitomo Rubber Industries Ltd
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 HEAD
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Babolat
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Wilson Sporting Goods
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 GAMMA Sports
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 PACIFIC Holding GmbH
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Maus Frères SA
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Authentic Brands Group LLC
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
14. Appendix
14.1 About The Insight Partners
List of Tables
Table 1. North America Tennis Racquet Market Segmentation
Table 2. Tennis Racquet Market – Volume and Forecast to 2031 (Thousand Units)
Table 3. Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million)
Table 4. Tennis Racquet Market – Volume and Forecast to 2031 (Thousand Units) – by End User
Table 5. Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million) – by End User
Table 6. Tennis Racquet Market – Volume and Forecast to 2031 (Thousand Units) – by Material
Table 7. Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million) – by Material
Table 8. Tennis Racquet Market – Volume and Forecast to 2031 (Thousand Units) – by Distribution Channel
Table 9. Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million) – by Distribution Channel
Table 10. North America Tennis Racquet Market – Volume and Forecast to 2031 (Thousand Units) – by Country
Table 11. North America Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million) – by Country
Table 12. United States Tennis Racquet Market – Volume and Forecast to 2031 (Thousand Units) – by End User
Table 13. United States Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million) – by End User
Table 14. United States Tennis Racquet Market – Volume and Forecast to 2031 (Thousand Units) – by Material
Table 15. United States Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million) – by Material
Table 16. United States Tennis Racquet Market – Volume and Forecast to 2031 (Thousand Units) – by Distribution Channel
Table 17. United States Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million) – by Distribution Channel
Table 18. Canada Tennis Racquet Market – Volume and Forecast to 2031 (Thousand Units) – by End User
Table 19. Canada Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million) – by End User
Table 20. Canada Tennis Racquet Market – Volume and Forecast to 2031 (Thousand Units) – by Material
Table 21. Canada Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million) – by Material
Table 22. Canada Tennis Racquet Market – Volume and Forecast to 2031 (Thousand Units) – by Distribution Channel
Table 23. Canada Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million) – by Distribution Channel
Table 24. Mexico Tennis Racquet Market – Volume and Forecast to 2031 (Thousand Units) – by End User
Table 25. Mexico Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million) – by End User
Table 26. Mexico Tennis Racquet Market – Volume and Forecast to 2031 (Thousand Units) – by Material
Table 27. Mexico Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million) – by Material
Table 28. Mexico Tennis Racquet Market – Volume and Forecast to 2031 (Thousand Units) – by Distribution Channel
Table 29. Mexico Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million) – by Distribution Channel
List of Figures
Figure 1. North America Tennis Racquet Market Segmentation, by Country
Figure 2. North America PEST Analysis
Figure 3. Ecosystem: Tennis Racquet Market
Figure 4. Tennis Racquet Market – Key Market Dynamics
Figure 5. Impact Analysis of Drivers and Restraints
Figure 6. Tennis Racquet Market Volume (Thousand Units), 2020–2031
Figure 7. Tennis Racquet Market Revenue (US$ Million), 2020–2031
Figure 8. Tennis Racquet Market Share (%) – End User, 2023 and 2031
Figure 9. Adults: Tennis Racquet Market – Volume and Forecast to 2031 (Thousand Units)
Figure 10. Adults: Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million)
Figure 11. Men: Tennis Racquet Market – Volume and Forecast to 2031 (Thousand Units)
Figure 12. Men: Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million)
Figure 13. Women: Tennis Racquet Market – Volume and Forecast to 2031 (Thousand Units)
Figure 14. Women: Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million)
Figure 15. Kids: Tennis Racquet Market – Volume and Forecast to 2031 (Thousand Units)
Figure 16. Kids: Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million)
Figure 17. Tennis Racquet Market Share (%) – Material, 2023 and 2031
Figure 18. Graphite: Tennis Racquet Market – Volume and Forecast to 2031 (Thousand Units)
Figure 19. Graphite: Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million)
Figure 20. Titanium: Tennis Racquet Market – Volume and Forecast to 2031 (Thousand Units)
Figure 21. Titanium: Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million)
Figure 22. Carbon Fiber: Tennis Racquet Market – Volume and Forecast to 2031 (Thousand Units)
Figure 23. Carbon Fiber: Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million)
Figure 24. Others: Tennis Racquet Market – Volume and Forecast to 2031 (Thousand Units)
Figure 25. Others: Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million)
Figure 26. Tennis Racquet Market Share (%) – Distribution Channel, 2023 and 2031
Figure 27. Supermarkets & Hypermarkets: Tennis Racquet Market – Volume and Forecast to 2031 (Thousand Units)
Figure 28. Supermarkets & Hypermarkets: Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million)
Figure 29. Specialty Stores: Tennis Racquet Market – Volume and Forecast to 2031 (Thousand Units)
Figure 30. Specialty Stores: Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million)
Figure 31. Online Retail: Tennis Racquet Market – Volume and Forecast to 2031 (Thousand Units)
Figure 32. Online Retail: Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million)
Figure 33. Others: Tennis Racquet Market – Volume and Forecast to 2031 (Thousand Units)
Figure 34. Others: Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million)
Figure 35. North America Tennis Racquet Market, by Key Country – Revenue (2023) (US$ Million)
Figure 36. North America Tennis Racquet Market Breakdown, by Key Countries, 2023 and 2031 (%)
Figure 37. United States Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million)
Figure 38. Canada Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million)
Figure 39. Mexico Tennis Racquet Market – Revenue and Forecast to 2031 (US$ Million)
Figure 40. Heat Map Analysis by Key Players
Figure 41. Company Positioning & Concentration
- YONEX Co Ltd
- Sumitomo Rubber Industries Ltd
- HEAD
- Babolat
- Wilson Sporting Goods
- GAMMA Sports
- PACIFIC Holding GmbH
- Maus Freres SA
- Authentic Brands Group LLC
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America tennis racquet market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
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- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth North America market trends and outlook coupled with the factors driving the North America tennis racquet market, as well as those hindering it.
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