The Asia Pacific Badminton Equipment And Products Market would witness market growth of 5.2% CAGR during the forecast period (2022-2028).
Players who play badminton frequently and vigorously face a larger risk of injury if they don't have the right equipment. Therefore, individuals and players spend money on quality badminton equipment to advance more quickly in the sport. Many individuals also entrust that selecting the right gear to complement the playing style is key to improving overall performance.
Playing style guides the use of certain sports equipment. For example, a power racquet aids professional player in executing powerful smashes. However, since a power racquet is heavier than a control racket, if a beginner or trainee uses one, they might not be capable of performing well and could even hurt themselves. Furthermore, proper badminton sports clothes enable swift movement around the court. As a result of this, it is growing in demand as well.
In most Asian nations, badminton is a very well-liked sport. The current top players in the world are from nations like China and Indonesia. Because of this, they frequently win the majority of international competitions, some of which are held in these nations. In China, Badminton is a popular sport that is played in both high schools and colleges all around the nation. The game is equally enjoyable for adults and kids. There are numerous fans of the sport, and China has presented many elite athletes and Olympic medalists. For many years, China has been a great performer in badminton and has routinely placed first in international championships. This, along with the prominence of the sport, is driving the market demand for badminton equipment and product.
The China market dominated the Asia Pacific Badminton Equipment And Products Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $515.5 Million by 2028. The Japan market is estimated to grow a CAGR of 4.6% during (2022 - 2028). Additionally, The India market would experience a CAGR of 5.8% during (2022 - 2028).
Based on Product, the market is segmented into Racquets, Shoes, Strings, Apparel, Shuttlecocks and Accessories. Based on Distribution Channel, the market is segmented into Hypermarkets/Supermarkets, Specialty & Sports Stores and Online. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Badminton Equipment And Products Market is Projected to reach USD 4.6 Billion by 2028, at a CAGR of 4.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Mizuno Corporation, ASICS Corporation, YONEX Co., Ltd., Li Ning (China) Sports Goods Co., Ltd., Babolat, Apacs Sports (M) Sdn Bhd, FELET International Holdings Sdn. Bhd., VICTOR RACKETS IND.CORP., GOSEN CO., LTD., and Yehlex (UK).
Scope of the Study
Market Segments Covered in the Report:
By Product
- Racquets
- Shoes
- Strings
- Apparel
- Shuttlecocks
- Accessories
By Distribution Channel
- Hypermarkets/Supermarkets
- Specialty & Sports Stores
- Online
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Mizuno Corporation
- ASICS Corporation
- YONEX Co., Ltd.
- Li Ning (China) Sports Goods Co., Ltd.
- Babolat
- Apacs Sports (M) Sdn Bhd
- FELET International Holdings Sdn. Bhd.
- VICTOR RACKETS IND.CORP.
- GOSEN CO., LTD.
- Yehlex (UK)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Badminton Equipment And Products Market, by Product
1.4.2 Asia Pacific Badminton Equipment And Products Market, by Distribution Channel
1.4.3 Asia Pacific Badminton Equipment And Products Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Asia Pacific Badminton Equipment And Products Market by Product
3.1 Asia Pacific Racquets Market by Country
3.2 Asia Pacific Shoes Market by Country
3.3 Asia Pacific Strings Market by Country
3.4 Asia Pacific Apparel Market by Country
3.5 Asia Pacific Shuttlecocks Market by Country
3.6 Asia Pacific Accessories Market by Country
Chapter 4. Asia Pacific Badminton Equipment And Products Market by Distribution Channel
4.1 Asia Pacific Hypermarkets/Supermarkets Market by Country
4.2 Asia Pacific Specialty & Sports Stores Market by Country
4.3 Asia Pacific Online Market by Country
Chapter 5. Asia Pacific Badminton Equipment And Products Market by Country
5.1 China Badminton Equipment And Products Market
5.1.1 China Badminton Equipment And Products Market by Product
5.1.2 China Badminton Equipment And Products Market by Distribution Channel
5.2 Japan Badminton Equipment And Products Market
5.2.1 Japan Badminton Equipment And Products Market by Product
5.2.2 Japan Badminton Equipment And Products Market by Distribution Channel
5.3 India Badminton Equipment And Products Market
5.3.1 India Badminton Equipment And Products Market by Product
5.3.2 India Badminton Equipment And Products Market by Distribution Channel
5.4 South Korea Badminton Equipment And Products Market
5.4.1 South Korea Badminton Equipment And Products Market by Product
5.4.2 South Korea Badminton Equipment And Products Market by Distribution Channel
5.5 Singapore Badminton Equipment And Products Market
5.5.1 Singapore Badminton Equipment And Products Market by Product
5.5.2 Singapore Badminton Equipment And Products Market by Distribution Channel
5.6 Malaysia Badminton Equipment And Products Market
5.6.1 Malaysia Badminton Equipment And Products Market by Product
5.6.2 Malaysia Badminton Equipment And Products Market by Distribution Channel
5.7 Rest of Asia Pacific Badminton Equipment And Products Market
5.7.1 Rest of Asia Pacific Badminton Equipment And Products Market by Product
5.7.2 Rest of Asia Pacific Badminton Equipment And Products Market by Distribution Channel
Chapter 6. Company Profiles
6.1 ASICS Corporation
6.1.1 Company Overview
6.1.2 Financial Analysis
6.1.3 Segmental Analysis
6.1.4 Research & Development Expenses
6.1.5 Recent strategies and developments:
6.1.5.1 Geographical Expansions:
6.2 YONEX CO., LTD.
6.2.1 Company Overview
6.2.2 Financial Analysis
6.2.3 Segmental and Regional Analysis
6.2.4 Research & Development Expenses
6.2.5 Recent strategies and developments:
6.2.5.1 Partnerships, Collaborations, and Agreements:
6.3 Mizuno Corporation
6.3.1 Company Overview
6.3.2 Financial Analysis
6.3.3 Segmental and Regional Analysis
6.4 Li Ning (China) Sports Goods Co., Ltd.
6.4.1 Company Overview
6.4.2 Financial Analysis
6.4.3 Product Category and Regional Analysis
6.4.4 Research & Development Expenses
6.5 Apacs Sports (M) Sdn Bhd
6.5.1 Company Overview
6.6 Felet International Holdings Sdn Bhd
6.6.1 Company Overview
6.7 Victor Rackets Ind.Corp.
6.7.1 Company Overview
6.8 Gosen Co., Ltd.
6.8.1 Company Overview
6.9 Yehlex (UK)
6.9.1 Company Overview
6.10. Babolat
6.10.1 Company Overview
TABLE 1 Asia Pacific Badminton Equipment And Products Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Badminton Equipment And Products Market, 2022 - 2028, USD Million
TABLE 3 Asia Pacific Badminton Equipment And Products Market by Product, 2018 - 2021, USD Million
TABLE 4 Asia Pacific Badminton Equipment And Products Market by Product, 2022 - 2028, USD Million
TABLE 5 Asia Pacific Racquets Market by Country, 2018 - 2021, USD Million
TABLE 6 Asia Pacific Racquets Market by Country, 2022 - 2028, USD Million
TABLE 7 Asia Pacific Shoes Market by Country, 2018 - 2021, USD Million
TABLE 8 Asia Pacific Shoes Market by Country, 2022 - 2028, USD Million
TABLE 9 Asia Pacific Strings Market by Country, 2018 - 2021, USD Million
TABLE 10 Asia Pacific Strings Market by Country, 2022 - 2028, USD Million
TABLE 11 Asia Pacific Apparel Market by Country, 2018 - 2021, USD Million
TABLE 12 Asia Pacific Apparel Market by Country, 2022 - 2028, USD Million
TABLE 13 Asia Pacific Shuttlecocks Market by Country, 2018 - 2021, USD Million
TABLE 14 Asia Pacific Shuttlecocks Market by Country, 2022 - 2028, USD Million
TABLE 15 Asia Pacific Accessories Market by Country, 2018 - 2021, USD Million
TABLE 16 Asia Pacific Accessories Market by Country, 2022 - 2028, USD Million
TABLE 17 Asia Pacific Badminton Equipment And Products Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 18 Asia Pacific Badminton Equipment And Products Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 19 Asia Pacific Hypermarkets/Supermarkets Market by Country, 2018 - 2021, USD Million
TABLE 20 Asia Pacific Hypermarkets/Supermarkets Market by Country, 2022 - 2028, USD Million
TABLE 21 Asia Pacific Specialty & Sports Stores Market by Country, 2018 - 2021, USD Million
TABLE 22 Asia Pacific Specialty & Sports Stores Market by Country, 2022 - 2028, USD Million
TABLE 23 Asia Pacific Online Market by Country, 2018 - 2021, USD Million
TABLE 24 Asia Pacific Online Market by Country, 2022 - 2028, USD Million
TABLE 25 Asia Pacific Badminton Equipment And Products Market by Country, 2018 - 2021, USD Million
TABLE 26 Asia Pacific Badminton Equipment And Products Market by Country, 2022 - 2028, USD Million
TABLE 27 China Badminton Equipment And Products Market, 2018 - 2021, USD Million
TABLE 28 China Badminton Equipment And Products Market, 2022 - 2028, USD Million
TABLE 29 China Badminton Equipment And Products Market by Product, 2018 - 2021, USD Million
TABLE 30 China Badminton Equipment And Products Market by Product, 2022 - 2028, USD Million
TABLE 31 China Badminton Equipment And Products Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 32 China Badminton Equipment And Products Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 33 Japan Badminton Equipment And Products Market, 2018 - 2021, USD Million
TABLE 34 Japan Badminton Equipment And Products Market, 2022 - 2028, USD Million
TABLE 35 Japan Badminton Equipment And Products Market by Product, 2018 - 2021, USD Million
TABLE 36 Japan Badminton Equipment And Products Market by Product, 2022 - 2028, USD Million
TABLE 37 Japan Badminton Equipment And Products Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 38 Japan Badminton Equipment And Products Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 39 India Badminton Equipment And Products Market, 2018 - 2021, USD Million
TABLE 40 India Badminton Equipment And Products Market, 2022 - 2028, USD Million
TABLE 41 India Badminton Equipment And Products Market by Product, 2018 - 2021, USD Million
TABLE 42 India Badminton Equipment And Products Market by Product, 2022 - 2028, USD Million
TABLE 43 India Badminton Equipment And Products Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 44 India Badminton Equipment And Products Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 45 South Korea Badminton Equipment And Products Market, 2018 - 2021, USD Million
TABLE 46 South Korea Badminton Equipment And Products Market, 2022 - 2028, USD Million
TABLE 47 South Korea Badminton Equipment And Products Market by Product, 2018 - 2021, USD Million
TABLE 48 South Korea Badminton Equipment And Products Market by Product, 2022 - 2028, USD Million
TABLE 49 South Korea Badminton Equipment And Products Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 50 South Korea Badminton Equipment And Products Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 51 Singapore Badminton Equipment And Products Market, 2018 - 2021, USD Million
TABLE 52 Singapore Badminton Equipment And Products Market, 2022 - 2028, USD Million
TABLE 53 Singapore Badminton Equipment And Products Market by Product, 2018 - 2021, USD Million
TABLE 54 Singapore Badminton Equipment And Products Market by Product, 2022 - 2028, USD Million
TABLE 55 Singapore Badminton Equipment And Products Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 56 Singapore Badminton Equipment And Products Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 57 Malaysia Badminton Equipment And Products Market, 2018 - 2021, USD Million
TABLE 58 Malaysia Badminton Equipment And Products Market, 2022 - 2028, USD Million
TABLE 59 Malaysia Badminton Equipment And Products Market by Product, 2018 - 2021, USD Million
TABLE 60 Malaysia Badminton Equipment And Products Market by Product, 2022 - 2028, USD Million
TABLE 61 Malaysia Badminton Equipment And Products Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 62 Malaysia Badminton Equipment And Products Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 63 Rest of Asia Pacific Badminton Equipment And Products Market, 2018 - 2021, USD Million
TABLE 64 Rest of Asia Pacific Badminton Equipment And Products Market, 2022 - 2028, USD Million
TABLE 65 Rest of Asia Pacific Badminton Equipment And Products Market by Product, 2018 - 2021, USD Million
TABLE 66 Rest of Asia Pacific Badminton Equipment And Products Market by Product, 2022 - 2028, USD Million
TABLE 67 Rest of Asia Pacific Badminton Equipment And Products Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 68 Rest of Asia Pacific Badminton Equipment And Products Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 69 Key Information – ASICS Corporation
TABLE 70 Key Information – YONEX CO., LTD.
TABLE 71 Key Information – Mizuno Corporation
TABLE 72 Key Information – Li Ning (China) Sports Goods Co., Ltd.
TABLE 73 Key Information – Apacs Sports (M) Sdn Bhd
TABLE 74 Key Information – FELET INTERNATIONAL HOLDINGS SDN BHD
TABLE 75 Key Information – VICTOR RACKETS IND.CORP.
TABLE 76 Key Information – GOSEN CO., LTD.
TABLE 77 Key Information – Yehlex (UK)
TABLE 78 Key Information – babolat
List of Figures
FIG 1 Methodology for the research