Squash Racquet Market The Report Strategically Describes the Market Advent 2021-2031

 

Squash Racquet Market: Introduction

  • Squash racquet is used to play a single or doubles game of squash on a four-walled court. The average weight of a squash racquet is between 130 g and 150 g. The weight indicated on the racket frame is usually the unstrung weight, often measured before the paint, grommets, and the grip are added. The shape of the racket head plays an important role, the larger the surface of are of the racket head, the greater the chance of hitting the ball.

Key Drivers of Global Squash Racquet Market

  • Rising participation in squash across the globe is a key driver of the market for squash racquets. According to a recent report published by SFIA (Sports & Fitness Industry Association), squash participation has been increasing by an average of 4.3% for the last five years. Squash is a fast-paced racquet sport where players compete against each other by hitting the ball against a wall in order to rebound it toward his opponent.
  • Around 20 million people regularly play squash across more than 185 countries. The popularity of squash has been increasing in countries such as the U.S., New Zealand, and the U.K.; hence, these countries are expected to add new tournaments in order to encourage participation in the next few years. Rise in competition requires more courts and that is exactly what is happening in the U.S. – new courts are popping up around the country, inspiring new players to participate in the squash sport.
  • Young players from developing countries are working harder than ever to participate in international level squash competitions and several players are anticipating to get scholarships to colleges in the U.S. in order to play professional tournaments. Moreover, the millennial population is preferring squash as a recreational sport in numerous countries such as Egypt, Australia, Great Britain, and France.

COVID-19 Impact on Global Squash Racquet Market

  • Cancellation of games on the global and regional level due to the outbreak of COVID-19 considerably hampered the global squash racquet market in 2020. Moreover, the closure of sport training institutes, recreational sport clubs, and stadiums has adversely affected the demand for squash racquets in worldwide.

Asia Pacific Market to Expand Significantly

  • The geographical segmentation of the market includes North America (NA), Europe (EU), Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SA)
  • The research report provides country-level analysis for each regional segment. The North America market country-level analysis and forecast includes the U.S., Canada, and Rest of North America. The country-level analysis and forecast for the Europe market includes historical and forecast for the Squash Racquet industry in the U.K., Germany, France, and Rest of Europe. The country-level analysis and forecast for Asia Pacific market includes the major countries in the region such as India, China, Japan, and Rest of Asia Pacific. Middle East & Africa country-level analysis and forecast for the squash racquet market includes GCC countries, South Africa, and Rest of Middle East & Africa. The South America squash racquet market can be categorized into Brazil and Rest of South America.
  • Increase in participation of women in racquet sports and a rise in participation of millennial consumers in recreational sports are likely to drive the squash racquet market in Asia Pacific during the forecast period. Four out of top ten recreational sport markets in the world are already in Asia Pacific, including Japan, South Korea, Australia, and China.

Key Players Operating in Global Market

Key manufacturers are focused on research & development, multi-channel distribution, product diversification in terms of strings, weight, etc. Key squash racquet brands are partnering with global players and sports organizations to sponsor sport events and promote squash.

Some of the major companies operating in the global squash racquet market are:

  • Dunlop Sport
  • ZYEX
  • Tecnifibre
  • Head Sport GmbH
  • Prince Global Sports, LLC
  • DSC
  • Wilson Sporting Goods
  • Black Knight, Inc.
  • Karakal Worldwide Ltd,
  • Harrow Sports

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