Squash Rackets Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2021-2031

The Global Squash Rackets Market is projected to expand from USD 181.16 Million in 2025 to USD 232.06 Million by 2031, reflecting a compound annual growth rate of 4.21%. A squash racket is a specialized piece of sporting equipment consisting of a long-handled frame and a tightly strung hoop, engineered specifically for striking a hollow rubber ball within the confines of a four-walled court. The market's growth is primarily driven by an increasing public focus on high-intensity cardiovascular fitness and the ongoing development of recreational facilities in private clubs and educational settings. These factors maintain a consistent cycle of replacement and adoption among health-conscious individuals. Data from Squash Australia in 2025 underscores this resilience, revealing that organized squash engaged approximately 102,337 active players aged 15 and over, highlighting the solid core user base that fuels equipment sales.

Despite these favorable drivers, the market encounters a substantial obstacle in the swift rise of alternative racquet sports like pickleball and padel. These newer disciplines typically present lower technical barriers to entry and demand less physical exertion, effectively drawing novices and casual players away from the more physically exacting sport of squash. This change in consumer preference toward more accessible social gaming options risks constraining the growth of the traditional squash community and limiting potential revenue increases for racket manufacturers.

Market Drivers

The inclusion of Squash in the Los Angeles 2028 Olympic Games acts as a major catalyst for market growth, fundamentally transforming the sport's funding environment and global visibility. This historic milestone opens doors to institutional financial support that was previously inaccessible, enabling governing bodies to invest significantly in high-performance training and grassroots development. This influx of capital directly benefits equipment manufacturers as federations standardize gear for elite competition and broaden their reach to new audiences. As reported by the World Squash Federation in its 'World Squash Annual Report 2024/2025' published in October 2025, the organization secured an inaugural annual grant of $77,000 from the International Olympic Committee, signaling the start of sustained Olympic funding expected to fuel national infrastructure projects and equipment procurement.

Concurrently, the expansion of court infrastructure and structured youth programs is boosting participation, especially in established markets where schools are integrating squash into physical education curricula. This strategic focus generates a new pipeline of players needing entry-level rackets and protective eyewear, offsetting the market's dependence on replacement sales. This rise in junior engagement is measurable; according to the 'AusPlay Report' by Squash Australia in June 2025, the national 'Squash Stars' program saw a 127 percent increase in student participants via the Sporting Schools platform. This influx of beginners complements the sport's resilient core demographic, evidenced by England Squash Masters in 2025, which recorded a playing membership of 1,846, demonstrating enduring demand for premium equipment among dedicated amateur enthusiasts.

Market Challenges

The rapid expansion of alternative racquet sports, particularly pickleball and padel, poses a formidable barrier to the growth of the Global Squash Rackets Market. These emerging disciplines offer significantly lower entry barriers compared to squash, requiring less technical skill and physical exertion to achieve competency. This accessibility creates a strong appeal for the recreational demographic that manufacturers rely on for high-volume sales. As casual players increasingly choose these more social and less demanding alternatives, the demand for entry-level and intermediate squash rackets faces a direct decline, leaving manufacturers to compete for a stagnant pool of dedicated athletes.

This shift is particularly detrimental given the composition of the current player base. Data from the Squash Facilities Network in 2024 indicated that leisure players made up 90% of the global squash population. This heavy reliance on recreational participants renders the market highly vulnerable to substitution. With the vast majority of potential racket buyers falling into the category most likely to switch to easier social sports, the industry faces the risk of a shrinking consumer pool. This demographic transition effectively limits revenue potential and hampers the volume growth necessary to sustain broader manufacturing expansion.

Market Trends

The integration of advanced vibration-dampening systems is becoming a critical factor for product differentiation, as manufacturers focus on player comfort and injury prevention to retain aging amateur enthusiasts. Brands are increasingly embedding specialized compounds within racket frames to absorb impact shock without sacrificing power, moving beyond simple weight reduction to emphasize tactile feedback. This technological evolution allows high-velocity impacts to be managed more effectively, reducing arm strain during the rapid stroke exchanges characteristic of the sport. For instance, Dunlop Sports' 2024 product specifications for the Sonic Core series highlight that the integration of Infinergy foam reduced frame vibrations by up to 37% compared to standard carbon fiber constructions, directly addressing consumer demand for arm-friendly equipment.

Simultaneously, the rise of eco-friendly and sustainable manufacturing is reshaping supply chain values, driven by pressure from governing bodies to minimize the sport's environmental footprint. This trend extends beyond reducing packaging to include the adoption of recycled materials and carbon-neutral operational goals, compelling brands to report their ecological impact transparently. Industry leaders and associations are actively benchmarking emissions to align with global standards, setting regulatory precedents that influence equipment procurement and disposal. As reported by England Squash in April 2024 within the 'England Squash making strides in sustainability' document, the governing body achieved carbon-neutral status with a total footprint of 124.78 tCO2e, underscoring the institutional shift toward verified environmental responsibility that manufacturers are now expected to match.

Key Players Profiled in the Squash Rackets Market

• Head N.V.
• Dunlop Sport
• Tecnifibre
• Wilson Sporting Goods
• Babolat
• Prince Global Sports
• ONE SPORTS s.r.l.
• Black Knight Enterprises Ltd.
• Dunlop Sports Co Ltd.
• Amer Sports

Report Scope

In this report, the Global Squash Rackets Market has been segmented into the following categories:

Squash Rackets Market, by Product Type:

• Open Throat
• Closed Throat
• Hybrid

Squash Rackets Market, by Distribution Channel:

• Online
• Offline

Squash Rackets Market, by Region:

• North America
• Europe
• Asia-Pacific
• South America
• Middle East & Africa

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Squash Rackets Market.

Available Customization

The analyst offers customization according to your specific needs. The following customization options are available for the report:

• Detailed analysis and profiling of additional market players (up to five).

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