Introduction to the Global Tennis Equipment Market
The tennis equipment market stands as a dynamic segment within the global sports goods industry, underpinned by growing interest in recreational and competitive tennis. The sport’s global appeal, spanning developed and developing nations, has fueled a robust demand for a diverse range of equipment. From elite tournaments like Wimbledon to grassroots tennis clinics, the gear used plays a pivotal role in enhancing athletic performance and participation experiences.
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Market Size and Growth Trajectory
The global tennis equipment market is undergoing steady expansion. In 2024, it was valued at USD 164.8 billion, and it is projected to reach USD 271.0 billion by 2034, reflecting a CAGR of 5.1%. This growth trajectory is driven by rising health consciousness, increasing tennis club memberships, and governmental initiatives promoting sports at the community level.
