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Squash Rackets Market will continue to rise at a steady CAGR of around 4% through 2030

Rising popularity of squash as a sport and also as a recreational activity is driving demand for these rackets. Growing number of professional tournaments held by bodies such as the Professional Squash Association and the World Squash Federation are bolstering adoption of the sport. Product innovations in terms of design and material are expected to remain a critical factor in terms of positive developments in the sector.

Composite materials are being used en masse to facilitate weight reduction and increased power in these rackets. Also, awareness about the sport as a viable muscle fitness option, and favorable policy introductions by governments, are expected to drive the market in the foreseeable future.

As per Fact.MR analysis, the global squash rackets market was valued at more than US$ 220 million in 2019, and will continue to rise at a steady CAGR of around 4% through 2030.

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Squash Rackets – Scope of Report:

A latest publication by Fact.MR on the global Squash Rackets evaluates the opportunities and current market landscape, and provides detailed analysis and updates about corresponding sections affecting the market.

The study offers detailed insights on key market dynamics, which include the drivers, restraints, trends, and opportunities in the market.

The principal aim of the study is to present exclusive information about how the market will perform during the forecast period of 2020-2030.

Important indicators for the successful growth of the Squash Rackets are presented in this comprehensive report, which include Year-on-Year (Y-o-Y) growth analysis of the market, and compounded annual growth rate (CAGR), which are described in an exhaustive way in Fact.MR’s study.

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The research is beneficial for shareholders in Squash Rackets, including investors, manufacturers, service providers, distributors, and suppliers, and can help them in developing suitable business strategies to flourish in the market.

Insights and wisdom presented in this Fact.MR study can be leveraged by shareholders in the market, industry experts, investors, researchers, and reporters, as well as business enthusiasts.

Competitive Landscape

Amer Sports, Dunlop Sports Co Ltd., HEAD, Prince Global Sports LLC, Tecnifibre, Soccer International Pvt. Ltd., Kamachi, Black Knight Enterprises Ltd., Ektelon LLC, and Oliver Sports & Squash GmbH are some of the leading squash racket manufacturers. These leading players in the industry are increasingly investing in strategic collaborations & acquisitions to improve their sales and distribution channels, in addition to the expansion of product portfolio.

  • For instance, Dunlop announced the renewal of its partnership with the Professional Squash Association as the official racket, ball, grip, string, and bag partner of the PSA until the conclusion of the 2022-2023 season.
  • Technifibre announced the acquisition of 80% of its shares by Lacoste. The aim of the deal is for the expansion of the international presence of the Technifibre brand, in addition to technical development of Lacoste products.
  • In January 2020, HEAD Sport GmbH entered into a multiple-year agreement with PowerBilt Holdings for production and distribution activities in Europe, North America, South America, Australia, Asia, and South Africa.

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Report benefits & key questions answered

  • Post covid consumer spending on Squash Rackets: the report also highlights the change in the buying behavior of consumers and shifts in purchasing power, post covid-19. This information will assist the businesses to plan their production and marketing strategies.
  • Squash Rackets demand outlook: the market intelligence study reports highlights the factor propelling the demand for Squash Rackets. As per the study, the demand for Squash Rackets will grow through 2030.
  • Squash Rackets historical volume analysis: fact.MR survey report provides insights into the sales registered over the last forecast year 2016 to 2020 and create estimates regarding the sales performance for 2020-2030.
  • Squash Rackets consumption by demographics: the report provides consumption by demographics analysis to assist the market players in designing their expansion strategies on the basis of consumption pattern of the customers.

Squash Rackets Segmentations:

  • Construction

    • Open Throat
    • Closed Throat
    • Hybrid
  • Balance

    • Head Heavy
    • Head Light
    • Even
  • Weight

    • Heavy
    • Light
  • Player

    • Beginner
    • Intermediate
    • Advanced
  • Frame Material

    • Aluminum
    • Composite
  • Sales Channel

    • Independent Sport Outlets
    • Franchised Sport Outlets
    • Modern Trade
    • Sports Retail Chain
    • Direct to Consumer Online
    • Direct to Customer Institutional
    • Third-party Online
  • Region

    • North America (U.S. & Canada)
    • Latin America (Mexico, Brazil, Argentina, & Rest of LATAM)
    • Europe (Germany, U.K., France, Italy, Spain, Nordics, & Rest of Europe)
    • Middle East and Africa (GCC Countries, North Africa, South Africa & Rest of MEA)
    • Japan
    • Asia Pacific excluding Japan (China, India, ASEAN, ANZ, & Rest of APEJ)

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