Badminton Apparel Market Snapshot (2022-2032)
Global sales of
badminton apparel are expected to reach US$ 11.72 Bn in 2022. The market is slated to expand at a staggering
CAGR of approximately 11% through 2032, surpassing a valuation of US$
33 Bn. The market experienced a Y-o-Y expansion of 10.98% from in 2022 over 2021.
The badminton apparel market has posted significant
past gains, attributed to the sport’s surging popularity across previously
untapped regions such as North America and Europe. In addition, increasing
female participation across developing countries has enhanced sales prospects
for women’s badminton apparel, widening revenue prospects. From 2017 to 2021,
the market surged at a CAGR of 10%.
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Key findings of the Badminton Apparel market
study:
·
Regional breakdown of the Badminton Apparel
market based on predefined taxonomy.
·
Innovative manufacturing processes
implemented by Badminton Apparel vendors in detail.
·
Region-wise and country-wise fragmentation of
the Badminton Apparel market to grasp the revenue, and growth outlook in these
areas.
·
Changing preferences among consumers across
various regions and countries.
·
Factors (Positive and Negative) impacting the
growth of the global Badminton Apparel market.
Competitive Landscape:
Key manufacturers are collaborating with sports
teams in different countries to deepen market penetration.
- In April 2021, YONEX Co. Ltd. announced a 5-year long partnership
with the Malaysia National Badminton Team wherein the company will supply
badminton equipment and apparel for the Malaysia Open, Malaysia Masters,
and Malaysia International Challenge respectively
- In March 2021, Victor Rackets International Corporation extended
its contract with Badminton Denmark (BD) to supply essential badminton
apparel and equipment for the next 8 years, including jerseys to Team
Denmark.
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Key Segments Covered in the Badminton Apparel Industry Analysis:
- By Product
o Top Wear Badminton Apparel
§
Badminton Jackets
§
Badminton Sports Bras
§
Badminton Sweatshirts
§
Badminton Track Suits
§
Badminton T-Shirt & Tees
o Bottom Wear Badminton Apparel
§
Badminton Pants & Trousers
§
Badminton Shorts & Tights
§
Badminton Skirts
§
Badminton Footwear
§
Others
- By Material
o Badminton Apparel Made from Natural Fabric
o Badminton Apparel Made from Synthetic Fabric
- By Distribution Channel
o Online Badminton Apparel Sales
o e-Commerce Websites
o Company-owned Websites
o Offline Badminton Apparel Sales
o Hypermarkets & Supermarkets
o Specialty Stores
o Other Retail Stores
Queries addressed in the Badminton Apparel
market report:
·
Why are the Badminton Apparel market players
targeting region for increased product sales?
·
What patented technologies are the players
utilizing in the global Badminton Apparel market?
·
Which regions are displaying the fastest
growth in the Badminton Apparel market?
·
What are the underlying micro- macroeconomic
factors affecting the global Badminton Apparel market?
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