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Badminton Clothing Market Size - By Product Type (Top Wear, Bottom Wear, Footwear), By Material Type (Natural Fabric, Synthetic Fabric), By Distribution Type (Online, Offline) & Region – Forecasts By - 2030

  • PUBLISHED ON
  • 2023-06-13
  • NO OF PAGES
  • 266
  • CATEGORY
  • Retails & Consumer
Market – Overview

Badminton Clothing Market to grow at a CAGR of 6.7% during the forecast period of 2022 to 2030.

The growing events across the globe such as the commonwealth, Olympics, world cup and various other leagues are estimated to boost the growth of the market. The rising popularity at school and college levels is also boosting the growth of the market during the forecast period.

The introduction of the sport on television is also playing a major part on the part of the young generation to take up the sport by coming under the influence of various tournaments that are been aired on television. This is also one of the prime factors for the growth of the market alongside social media.

Badminton Clothing Market – Key Trends

Costlier types of equipment to hinder the growth of the market

Badminton racquets, attire and other protective guards prove to be costlier with the increase in their quality of theirs. The increased competition in the sport has been forcing them to spend more money and purchase increased quality racquets and attire in order to improve their game. This quality is estimated to drive the growth of the market during the forecast period.

Airing on television to drive the growth of the market

The introduction of the sport on television is also playing a major part on the part of the young generation to take up the sport by coming under the influence of various tournaments that are been aired on television. This is also one of the prime factors for the growth of the market alongside social media.

Badminton Clothing Market – Segmental Assessment

By Product Type
• Top Wear
• Bottom Wear
• Footwear
• Others (Socks, etc.)

It is estimated for top wear to boost the growth of the market.

By Material Type
• Natural Fabric
• Synthetic Fabric
It is estimated for natural fabric to boost the growth of the market.

By Distribution Type
• Online
• Offline
It is estimated for online segment to boost the growth of the market.

Badminton Clothing Market – Geographical Landscape

It is estimated for the Asia Pacific region to witness immense growth in the market. The region is expected to grow at a healthy CAGR during the forecast period. The market in Europe is projected to grow at a stable CAGR during the forecast period. The rising popularity in the region of Asia Pacific of the sport is driving the growth of the market during the forecast period.

Badminton Clothing Market – Competitive Hierarchy

Key players operating in the global badminton apparel market are Absolute Protech Sports (M) Sdn. Bhd., Babolat, Felet International Holdings Sdn. Bhd., FZ Forza, Li-Ning Company Limited, RSL International, Victor Rackets Industrial Corporation, Ruby Glamour Sdn Bhd (Yang Yang), Yehlex (UK), and YONEX Co., Ltd.

Report Scope

Global Badminton Clothing Market : Historical Years (2018 to 2021)
Global Badminton Clothing Market : Forecast years (2022 to 2030)
Global Badminton Clothing Market CAGR 6.7%

Key Segments Reported

By Product Type (Top wear, bottom wear, footwear and others)
By Distribution Type (Offline and Online)
By Material Type (Natural Fabric and Synthetic Fabric)

Major Regions and Countries Covered

• North America
• Europe
• Asia Pacific
• Middle East
• Rest of the World

1. Global Badminton Clothing Market Introduction and Market Overview

1.1. Objectives of the Study

1.2. Badminton Clothing Market Definition & Description

1.3. Global Badminton Clothing Market Scope and Market Estimation

1.3.1.   Global Badminton Clothing Overall Market Size, Revenue (US$ Mn), Market CAGR (%), Market forecast (2023-2033)

1.3.2.   Global Badminton Clothing Market Revenue Share (%) and Growth Rate (Y-o-Y) from 2019-2033

1.4. Market Segmentation

1.4.1. Type of Global Badminton Clothing Market

1.4.2. Material of Global Badminton Clothing Market

1.4.3. Distribution of Global Badminton Clothing Market

 

2. Executive Summary

2.1. Global Badminton Clothing Market Industry Trends under COVID-19 Outbreak

2.1.1. Global COVID-19 Status Overview

2.1.2. Influence of COVID-19 Outbreak on Global Badminton Clothing Market Industry Development

2.2. Market Dynamics

2.2.1.   Drivers

2.2.2.   Limitations

2.2.3.   Opportunities

2.2.4.   Impact Analysis of Drivers and Restraints

2.3. Pricing Trends Analysis & Average Selling Prices (ASPs)

2.4. Key Mergers & Acquisitions, Expansions, JVs, Funding / VCs, etc.

2.5. Porter’s Five Forces Analysis

2.5.1.   Bargaining Power of Suppliers

2.5.2.   Bargaining Power of Buyers

2.5.3.   Threat of Substitutes

2.5.4.   Threat of New Entrants

2.5.5.   Competitive Rivalry

2.6. Value Chain / Ecosystem Analysis

2.7. PEST Analysis

2.8. Russia-Ukraine War Impacts Analysis

2.9. Economic Downturn Analysis

2.10.  Market Investment Opportunity Analysis (Top Investment Pockets), By Segments & By Region

 

3. Global Badminton Clothing Market Estimates & Historical Trend Analysis (2020 - 2022)

 

4. Global Badminton Clothing Market Estimates & Forecast Trend Analysis, by Type

4.1. Global Badminton Clothing Market Revenue (US$ Mn) Estimates and Forecasts, by Type, 2023 to 2033

4.1.1. Top Wear

4.1.2. Bottom Wear

4.1.3. Footwear

 

5. Global Badminton Clothing Market Estimates & Forecast Trend Analysis, by Material 

5.1. Global Badminton Clothing Market Revenue (US$ Mn) Estimates and Forecasts, by Installation, 2023 to 2033

5.1.1.   Natural Fabric

5.1.2.   Synthetic Fabric

 

6. Global Badminton Clothing Market Estimates & Forecast Trend Analysis, by Distribution

6.1. Global Badminton Clothing Market Revenue (US$ Mn) Estimates and Forecasts, by Installation, 2023 to 2033

6.1.1.   Online

6.1.2.   Offline

 

7. Global Badminton Clothing Market Estimates & Forecast Trend Analysis, by Region

7.1. Global Badminton Clothing Market Revenue (US$ Mn) Estimates and Forecasts, by Region, 2023 to 2033

7.1.1.   North America

7.1.2.   Europe

7.1.3.   Asia Pacific

7.1.4.   Middle East & Africa

7.1.5.   South America

 

8.  North America Badminton Clothing Market: Estimates & Forecast Trend Analysis

8.1. North America Badminton Clothing Market Assessments & Key Findings

8.1.1. North America Badminton Clothing Market Introduction

8.1.2. North America Badminton Clothing Market Size Estimates and Forecast (US$ Million) (2023 to 2033)

8.1.2.1.  By Product

8.1.2.2.  By Material

8.1.2.3.  By Distribution

8.1.2.4.  By Country

8.1.2.4.1. The U.S.

8.1.2.4.2. Canada

8.1.2.4.3. Mexico

 

9. Europe Badminton Clothing Market: Estimates & Forecast Trend Analysis

9.1. Europe Badminton Clothing Market Assessments & Key Findings

9.1.1.  Europe Badminton Clothing Market Introduction

9.1.2.  Europe Badminton Clothing Market Size Estimates and Forecast (US$ Million) (2023 to 2033)

9.1.2.1.  By Product

9.1.2.2.  By Material

9.1.2.3.  By Distribution

9.1.2.4.  By Country

9.1.2.4.1. Germany

9.1.2.4.2. U.K.

9.1.2.4.3. France

9.1.2.4.4. Italy

9.1.2.4.5. Spain

9.1.2.4.6. Russia

9.1.2.4.7. Rest of Europe

 

10. Asia Pacific Badminton Clothing Market: Estimates & Forecast Trend Analysis

10.1. Asia Pacific Market Assessments & Key Findings

10.1.1.   Asia Pacific Badminton Clothing Market Introduction

10.1.2.   Asia Pacific Badminton Clothing Market Size Estimates and Forecast (US$ Million) (2023 to 2033)

10.1.2.1.  By Product

10.1.2.2.  By Material

10.1.2.3.  By Distribution

10.1.2.4.  By Country

10.1.2.4.1. China

10.1.2.4.2. Japan

10.1.2.4.3. India

10.1.2.4.4. Australia

10.1.2.4.5. South Korea

10.1.2.4.6. ASEAN

10.1.2.4.7. Rest of Asia Pacific

 

11. Middle East & Africa Badminton Clothing Market: Estimates & Forecast Trend Analysis

11.1. Middle East & Africa Market Assessments & Key Findings

11.1.1. Middle East & Africa Badminton Clothing Market Introduction

11.1.2. Middle East & Africa Badminton Clothing Market Size Estimates and Forecast (US$ Million) (2023 to 2033)

11.1.2.1.   By Product

11.1.2.2.  By Material

11.1.2.3.  By Distribution

11.1.2.4.   By Country

11.1.2.4.1. U.A.E.

11.1.2.4.2. Saudi Arabia

11.1.2.4.3. Egypt

11.1.2.4.4. South Africa

11.1.2.4.5. Rest of Middle East & Africa

 

12. South America Badminton Clothing Market: Estimates & Forecast Trend Analysis

12.1.  South America Market Assessments & Key Findings

12.1.1. South America Badminton Clothing Market Introduction

12.1.2. South America Badminton Clothing Market Size Estimates and Forecast (US$ Million) (2023 to 2033)

12.1.2.1. By Product

12.1.2.2.  By Material

12.1.2.3.  By Distribution

12.1.2.4. By Country

12.1.2.4.1. Brazil

12.1.2.4.2.  Argentina

12.1.2.4.3. Colombia

12.1.2.4.4. Rest of South America

 

13.  Competition Landscape

13.1. Global Badminton Clothing Market Competition Matrix & Benchmarking, by Leading Players / Innovators / Emerging Players / New Entrants

13.2. Global Badminton Clothing Market Concentration & Company Market Shares (%) Analysis, 2022

 

14.  Company Profiles

14.1.  Absolute Protech Sports

14.1.1. Company Overview & Key Stats

14.1.2. Financial Performance & KPIs

14.1.3. Product Portfolio

14.1.4. Business Strategy & Recent Developments

* Similar details would be provided for all the players mentioned below 

14.2.  Babolat

14.3.  Felet International Holdings Sdn. Bhd.

14.4.  FZ Forza

14.5.  Li-Ning Company Limited

14.6.  RSL International

14.7.  Victor Rackets Industrial Corporation

14.8.  Ruby Glamour Sdn Bhd (Yang Yang)

14.9.  Yehlex (UK)

14.10.  YONEX Co.

14.11.  Others**

 

15. Research Methodology

15.1. External Transportations / Databases

15.2. Internal Proprietary Database

15.3. Primary Research

15.4. Secondary Research

15.5. Assumptions

15.6.  Limitations

15.7.  Report FAQs

 

16. Research Findings & Conclusion

Quality Assurance Process

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We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.

Market Research Process




We Market Research monitors 3 important attributes during the QA process- Cost, Schedule & Quality. We believe them as a critical benchmark in achieving a project’s success.

To mitigate risks that can impact project success, we deploy the follow project delivery best practices:
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  • Assign a senior SR executive as QA Executive
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Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached We Market Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

Solution

The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.

Market Estimates and Forecast

In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.

Case Study- ICT Sector

Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.


Business Solution

An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.


Conclusion

The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2033.


Frequently Asked Questions

What is the market size and growth projections?

It is estimated for the global badminton clothing market to grow at a CAGR of 6.7% during the forecast period of 2022 to 2030.

What are the drivers shaping various markets?

Badminton racquets, attire and other protective guards prove to be costlier with the increase in their quality of theirs.

Who are the key competitors of market Players?

Some of the major players operating within the market are Absolute Protech Sports (M) Sdn. Bhd., Babolat, Felet International Holdings Sdn. Bhd., FZ Forza, Li-Ning Company Limited, RSL International, Victor Rackets Industrial Corporation, Ruby Glamour Sdn Bhd (Yang Yang), Yehlex (UK), and YONEX Co., Ltd.

What are the top performing segments, and countries / regions of each of the markets?

It is estimated for the Asia Pacific region to witness immense growth in the market. The region is expected to grow at a healthy CAGR during the forecast period.

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