Industry Background:
Padel sports is the four-player sport played in doubles on a smaller version of the tennis court which is made by the surrounding glass walls. This sport combines action with fun and social interaction played by amateurs as well as professionals. It can be played by all ages of people and skills as it is easy to learn and play. Padels sports involves equipment and components such as racquets, balls, footwear and bags, and others available for both men and women padel players.This growth is primarily driven by Growing Awareness about Physical and Mental Fitness and Increasing Interest of People in Playing Different Games.
Attributes | Details |
---|
Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | -2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
Key Companies in Study | Wilson Sporting Goods Company (United States), Dunlop Sport (United Kingdom), Head Sport GmbH (Austria), Prince Padel (Spain), Yonex Co., Ltd. (Japan), Babolat (France), Volkl Ski International, GmbH (Germany), Tecnifibre (France), ProKennex (Taiwan), Triton (United Kingdom) and Everysport Media Group (Sweden) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Globally, a noticeable market trend is evident Introduction of New Apparel and Equipment of the Padel Sports
. Major Vendors, such as Wilson Sporting Goods Company (United States), Dunlop Sport (United Kingdom), Head Sport GmbH (Austria), Prince Padel (Spain), Yonex Co., Ltd. (Japan), Babolat (France), Volkl Ski International, GmbH (Germany), Tecnifibre (France), ProKennex (Taiwan), Triton (United Kingdom) and Everysport Media Group (Sweden) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In 2021, Everysport Media Group acquires 50% of Klövern Padel and launches Every Padel. 50% of Klovern Padel is owned by the real estate company Klövern, whose ownership remains unchanged. ESMG and Klovern are thus jointly launching a new strategy for continued expansion at the same time as a name change on Klovern Padel to Every Padel are planned.
In 2021, Triton announced the establishment of LeDap Group a leading platform driving the growth, innovation, digitalization, and professionalization of Padel, a racquet sport combining elements of tennis and squash, in Europe and across the globe.
Market Drivers
- Growing Awareness about Physical and Mental Fitness
- Increasing Interest of People in Playing Different Games
Market Trend
- Introduction of New Apparel and Equipment of the Padel Sports
- The popularity of Padel Sports in the United Kingdom
Restraints
- Expensive Setup of Indoor Padel Sport Hindering the Market
Opportunities
Surging Demand for the Indoor Sports due to COVID Lockdown Restriction
Challenges
Regulatory Guidelines and Standards Imposed on the Padel Sports
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Padel Sports Study Sheds Light on
The Padel Sports Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Padel Sports industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Padel Sports industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.
Frequently Asked Questions (FAQ):
1. What are the years considered in the Padel Sports Market?Historical year: 2017-2021; Base year: 2021; Forecast period:
to 2027
2. Who are the key players profiled in the Padel Sports Market?
Companies that are profiled in Global Padel Sports Market are Wilson Sporting Goods Company (United States), Dunlop Sport (United Kingdom), Head Sport GmbH (Austria), Prince Padel (Spain), Yonex Co., Ltd. (Japan), Babolat (France), Volkl Ski International, GmbH (Germany), Tecnifibre (France), ProKennex (Taiwan), Triton (United Kingdom) and Everysport Media Group (Sweden) etc.