South Korea Tennis Equipment Market Size & Outlook
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South Korea tennis equipment market highlights
- The South Korea tennis equipment market generated a revenue of USD 8.9 million in 2021 and is expected to reach USD 10.0 million by 2030.
- The South Korea market is expected to grow at a CAGR of 1.2% from 2022 to 2030.
- In terms of segment, shoes was the largest revenue generating product in 2021.
- Racquets is the most lucrative product segment registering the fastest growth during the forecast period.
Tennis equipment market data book summary
| Market revenue in 2021 | USD 8.9 million |
| Market revenue in 2030 | USD 10.0 million |
| Growth rate | 1.2% (CAGR from 2021 to 2030) |
| Largest segment | Shoes |
| Fastest growing segment | Racquets |
| Historical data | 2018 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Shoes, Apparel, Racquets, Ball, Strings, Bags, Accessories |
| Key market players worldwide | Yonex Co Ltd, Amer Sports Inc, Nike Inc Class B, Adidas AG, ASICS Corp, Babolat, Solinco, HEAD Sport, Dunlop Sports, Tecnifibre, Geau Sport, Völkl Tennis, Ame & Lulu |
Other key industry trends
- In terms of revenue, South Korea accounted for 0.2% of the global tennis equipment market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China tennis equipment market is projected to lead the regional market in terms of revenue in 2030.
- Australia is the fastest growing regional market in Asia Pacific and is projected to reach USD 15.6 million by 2030.
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Tennis Equipment Market Scope
Tennis Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Ame & Lulu | View profile | 1-10 | Dedham, Massachusetts, United States, North America | https://www.ameandlulu.com |
| Völkl Tennis | View profile | 11-50 | Bogen, Bayern, Germany, Europe | https://www.volkltennis.com/ |
| Geau Sport | View profile | 1-10 | Greenville, South Carolina, United States, North America | https://geausport.com |
| Tecnifibre | View profile | - | Feucherolles, Centre, France, Europe | http://www.tecnifibre.com |
| Dunlop Sports | View profile | 101-250 | Greenville, South Carolina, United States, North America | https://dunlopsports.com/ |
| HEAD Sport | View profile | 1001-5000 | Kennelbach, Vorarlberg, Austria, Europe | https://www.head.com/ |
| Solinco | View profile | 1-10 | Trebic, Vysocina, Czech Republic, Europe | https://www.solincosports.cz |
| Babolat | View profile | 251-500 | Lyon, Rhone-Alpes, France, Europe | http://www.babolat.fr |
| Amer Sports Inc | View profile | 11400 | Konepajankuja 6, Helsinki, Finland, 00511 | https://www.amersports.com |
| ASICS Corp | View profile | 10406 | 1-1, Minatojima-Nakamachi 7-chome, Chuo-ku, Kobe, Japan, 650-8555 | http://www.asics.co.jp |
| Yonex Co Ltd | View profile | 2921 | 3-23-13 Yushima, Bunkyo-ku, Tokyo, Japan, 113-8543 | http://www.yonex.co.jp |
| Adidas AG | View profile | 59030 | Adi-Dassler-Strasse 1, Herzogenaurach, BY, Germany, 91074 | https://www.adidas-group.com |
| Nike Inc Class B | View profile | 83700 | One Bowerman Drive, Beaverton, OR, United States, 97005-6453 | https://www.nike.com |
South Korea tennis equipment market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to tennis equipment market will help companies and investors design strategic landscapes.
Shoes was the largest segment with a revenue share of 29.21% in 2021. Horizon Databook has segmented the South Korea tennis equipment market based on shoes, apparel, racquets, ball, strings, bags, accessories covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of South Korea tennis equipment market databook
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Our clientele includes a mix of tennis equipment market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea tennis equipment market , including forecasts for subscribers. This country databook contains high-level insights into South Korea tennis equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea tennis equipment market size, by product, 2018-2030 (US$M)
South Korea Tennis Equipment Market Outlook Share, 2021 & 2030 (US$M)
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