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Middle East & Africa Tennis Racquet Market Forecast to 2030 - Regional Analysis - End User and Distribution Channel

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    Report

  • 96 Pages
  • November 2023
  • Region: Africa, Middle East
  • The Insight Partners
  • ID: 5923413
UP TO OFF until Jun 30th 2024
The Middle East & Africa tennis racquet market is expected to grow from US$ 16.56 million in 2023 to US$ 20.11 million by 2030. It is estimated to grow at a CAGR of 2.8% from 2023 to 2030.

Adoption of Tennis as Recreational Sport in Young Population

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. 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. 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 Middle East & Africa tennis racquet market over the forecast period.

Middle East & Africa Tennis Racquet Market Overview

The Middle East and Africa consists of several growing economies, such as South Africa, Saudi Arabia, the UAE, and others. This region is witnessing rapid economic development leading to the rising disposable income of consumers, improving lifestyles, and increasing expenditure on recreational activities in sports. The participation of people in sports across the region is significantly increasing owing to rising encouragement from governments of countries like the UAE, and Saudi Arabia, among others, for active participation in different sports. The countries in this region have recognized the potential of the sports industry and have been investing strategically in their resources and competencies across the sports sector for many years. The UAE has world-class facilities and hosts local, regional, and international events that attract top athletes and promote grassroots development. The tennis racquets market across the region is expected to witness remarkable growth in the coming years owing to the increasing popularity of the sport amongst the women in the region. Tennis is gaining appeal as a women's sport in the Middle East and Africa. Long overlooked in the region, the sport is gaining traction with tournaments held in Qatar, the UAE, and Morocco, enhancing its visibility and encouraging local players to participate. In April 2023, the Association of Tennis Professionals (ATP) announced its Next Gen finals in Saudi Arabia 2023. The relocation of the prestigious event to Saudi Arabia would represent the kingdom's growing leverage and investment in tennis. Hence, the countries such as Saudi Arabia invests heavily in tennis and entertainment to diversify their economy and boost their international profile. This factor is potentially driving the tennis racquet market growth. Moreover, the region’s initiatives in promoting tennis, coupled with heavy investments in developing sports infrastructure, will open lucrative growth opportunities for the tennis racquet market in the coming years.

Middle East & Africa Tennis Racquet Market Revenue and Forecast to 2030 (US$ Million)

Middle East & Africa Tennis Racquet Market Segmentation

The Middle East & Africa tennis racquet market is segmented into distribution channel and end user, and country.

Based on distribution channel, the Middle East & Africa tennis racquet market is segmented into supermarkets & hypermarkets, specialty store, online retail, and others. The supermarkets & hypermarkets segment held a largest share of the Middle East & Africa tennis racquet market in 2023.

Based on end user, the Middle East & Africa tennis racquet market is segmented into adults and kids. The adults segment held the larger share of the Middle East & Africa tennis racquet market in 2023.

Based on country, the Middle East & Africa tennis racquet market is segmented into the South Africa, UAE, Saudi Arabia, and Rest of Middle East & Africa. The South Africa dominated the Middle East & Africa tennis racquet market in 2023.

YONEX Co. Ltd.; Sumitomo Rubber Industries Ltd; Babolat; Wilson Sporting Goods; GAMMA Sports; PACIFIC Holding GmbH; Maus Frères SA; and Authentic Brands Group LLC are some of the leading companies operating in the Middle East & Africa tennis racquets market.

Reasons to Buy
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Middle East & Africa tennis racquet market.
  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in Middle East & Africa tennis racquet market. thereby allowing players across the value chain to develop effective long-term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth Middle East & Africa market trends and outlook coupled with the factors driving the market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.

Table of Contents

1. Introduction
1.1 Study Scope
1.2 Report Guidance
1.3 Market Segmentation
1.3.1 Middle East & Africa Tennis Racquet Market, by End-User
1.3.2 Middle East & Africa Tennis Racquet Market, by Distribution Channel
1.3.3 Middle East & Africa Tennis Racquet Market, by Country
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. Middle East & Africa Tennis Racquet Market Landscape
4.1 Market Overview
4.2 Middle East & Africa PEST Analysis
4.3 Expert Opinion
5. Middle East & Africa 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 Analysis
6. Middle East & Africa Tennis Racquet Market Analysis
6.1 Overview
6.2 Middle East & Africa Tennis Racquet Market - Revenue and Forecast to 2030 (US$ Million)
7. Middle East & Africa Tennis Racquet Market Analysis By End-User
7.1 Overview
7.2 Middle East & Africa Tennis Racquet Market, By End-User (2022 and 2030)
7.3 Adults
7.3.1 Overview
7.3.2 Middle East & Africa Adults: Tennis Racquet Market - Revenue and Forecast to 2030 (US$ Million)
7.4 Kids
7.4.1 Overview
7.4.2 Middle East & Africa Kids: Tennis Racquet Market - Revenue and Forecast to 2030 (US$ Million)
8. Middle East & Africa Tennis Racquet Market Analysis - By Distribution Channel
8.1 Overview
8.2 Middle East & Africa Tennis Racquet Market, By Distribution Channel (2022 and 2030)
8.3 Supermarkets and Hypermarkets
8.3.1 Overview
8.3.2 Middle East & Africa Supermarkets and Hypermarkets: Tennis Racquet Market - Revenue and Forecast to 2030 (US$ Million)
8.4 Specialty Stores
8.4.1 Overview
8.4.2 Middle East & Africa Specialty Stores: Tennis Racquet Market - Revenue and Forecast to 2030 (US$ Million)
8.5 Online Retail
8.5.1 Overview
8.5.2 Middle East & Africa Online Retail: Tennis Racquet Market - Revenue and Forecast to 2030 (US$ Million)
8.6 Others
8.6.1 Overview
8.6.2 Middle East & Africa Others: Tennis Racquet Market - Revenue and Forecast to 2030 (US$ Million)
9. Middle East & Africa Tennis Racquet Market - Country Analysis
9.1 Overview
9.1.1 Middle East and Africa: Tennis Racquet Market -Revenue (2022) (US$ Million)
9.1.2 Middle East and Africa: Tennis Racquet Market, by Key Country
9.1.2.1 South Africa: Tennis Racquet Market -Revenue and Forecast to 2030 (US$ Million)
9.1.2.1.1 South Africa: Tennis Racquet Market, by End-User
9.1.2.1.2 South Africa: Tennis Racquet Market, by Distribution Channel
9.1.2.2 Saudi Arabia: Tennis Racquet Market -Revenue and Forecast to 2030 (US$ Million)
9.1.2.2.1 Saudi Arabia: Tennis Racquet Market, by End-User
9.1.2.2.2 Saudi Arabia: Tennis Racquet Market, by Distribution Channel
9.1.2.3 UAE: Tennis Racquet Market -Revenue and Forecast to 2030 (US$ Million)
9.1.2.3.1 UAE: Tennis Racquet Market, by End-User
9.1.2.3.2 UAE: Tennis Racquet Market, by Distribution Channel
9.1.2.4 Rest of MEA: Tennis Racquet Market -Revenue and Forecast to 2030 (US$ Million)
9.1.2.4.1 Rest of MEA: Tennis Racquet Market, by End-User
9.1.2.4.2 Rest of MEA: Tennis Racquet Market, by Distribution Channel
10. Industry Landscape
10.1 Overview
10.2 Expansion
10.3 New Product Development
10.4 Merger and Acquisition
11. Company Profiles
11.1 YONEX Co., Ltd.
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Sumitomo Rubber Industries Ltd
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Babolat
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Wilson Sporting Goods
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 GAMMA Sports
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 PACIFIC Holding GmbH
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Maus Frères SA
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 Authentic Brands Group LLC
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
12. Appendix
12.1 About the Publisher
12.2 Glossary of Terms
List of Tables
Table 1. Middle East & Africa Tennis Racquet Market -Revenue and Forecast to 2030 (US$ Million)
Table 2. South Africa Tennis Racquet Market, by End-User - Revenue and Forecast to 2030 (US$ Million)
Table 3. South Africa Tennis Racquet Market, by Distribution Channel - Revenue and Forecast to 2030 (US$ Million)
Table 4. Saudi Arabia Tennis Racquet Market, by End-User - Revenue and Forecast to 2030 (US$ Million)
Table 5. Saudi Arabia Tennis Racquet Market, by Distribution Channel - Revenue and Forecast to 2030 (US$ Million)
Table 6. UAE Tennis Racquet Market, by End-User - Revenue and Forecast to 2030 (US$ Million)
Table 7. UAE Tennis Racquet Market, by Distribution Channel - Revenue and Forecast to 2030 (US$ Million)
Table 8. Rest of MEA Tennis Racquet Market, by End-User - Revenue and Forecast to 2030 (US$ Million)
Table 9. Rest of MEA Tennis Racquet Market, by Distribution Channel - Revenue and Forecast to 2030 (US$ Million)
Table 10. Glossary of Terms, Middle East & Africa Tennis Racquet Market
List of Figures
Figure 1. Middle East & Africa Tennis Racquet Market Segmentation
Figure 2. Middle East & Africa Tennis Racquet Market Segmentation - By Country
Figure 3. Middle East & Africa Tennis Racquet Market Overview
Figure 4. Middle East & Africa Tennis Racquet Market, By Distribution Channel
Figure 5. Middle East & Africa Tennis Racquet Market, by Geography
Figure 6. Middle East and Africa - PEST Analysis
Figure 7. Expert Opinion
Figure 8. Middle East & Africa Tennis Racquet Market Impact Analysis of Drivers and Restraints
Figure 9. Middle East & Africa Tennis Racquet Market - Revenue and Forecast to 2030 (US$ Million)
Figure 10. Middle East & Africa Tennis Racquet Market Revenue Share, By End-User (2022 and 2030)
Figure 11. Middle East & Africa Adults: Tennis Racquet Market - Revenue and Forecast to 2030 (US$ Million)
Figure 12. Middle East & Africa Kids: Tennis Racquet Market - Revenue and Forecast to 2030 (US$ Million)
Figure 13. Middle East & Africa Tennis Racquet Market Revenue Share, By Distribution Channel (2022 and 2030)
Figure 14. Middle East & Africa Supermarkets and Hypermarkets: Tennis Racquet Market - Revenue and Forecast to 2030 (US$ Million)
Figure 15. Middle East & Africa Specialty Stores: Tennis Racquet Market - Revenue and Forecast to 2030 (US$ Million)
Figure 16. Middle East & Africa Online Retail: Tennis Racquet Market - Revenue and Forecast to 2030 (US$ Million)
Figure 17. Middle East & Africa Others: Tennis Racquet Market - Revenue and Forecast to 2030 (US$ Million)
Figure 18. Middle East and Africa: Tennis Racquet Market - Revenue (2022) (US$ Million)
Figure 19. Middle East and Africa: Tennis Racquet Market Revenue Share, by Key Country (2022 and 2030)
Figure 20. South Africa: Tennis Racquet Market -Revenue and Forecast to 2030 (US$ Million)
Figure 21. Saudi Arabia: Tennis Racquet Market -Revenue and Forecast to 2030 (US$ Million)
Figure 22. UAE: Tennis Racquet Market -Revenue and Forecast to 2030 (US$ Million)
Figure 23. Rest of MEA: Tennis Racquet Market -Revenue and Forecast to 2030 (US$ Million)

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • YONEX Co. Ltd.
  • Sumitomo Rubber Industries Ltd
  • Babolat
  • Wilson Sporting Goods
  • GAMMA Sports
  • PACIFIC Holding Gmbh
  • Maus Frères SA
  • Authentic Brands Group LLC

Table Information