Global Squash Rackets Market 2018 Global Market Key Players – Wilson Sporting Goods Company, Dunlop Sports, Prince Global Sports, Tecnifibre, Amer Sports, One Strings – Analysis and Forecast to 2028

Rockville, US, 2018-Jul-10 — /EPR Network/ — With a prime focus on squash racket industry, research analysts of Fact MR has publicized a comprehensive study to its online repository. This in-depth study is headlined as “Global Squash Rackets Market Forecast, Trend Analysis & Competition Tracking – Global Review 2018 to 2028” which discusses the historic and current scenario of the global market, along with the future prospects it holds for a 10 year assessment period, 2018-28. For the benefit of the investors of the report, this research focuses on the drivers and restraints anticipated to impact the demand for squash racket in the coming years. Along with these insights, the report provides the readers crucial insights on the strategies implemented by leading companies to remain in the lead of this competitive market.

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The squash racket industry will continue to move forward at a steady rate, driven by new technologies and developments in design and performance of squash rackets. World Squash Federation and Professional Squash Association (PSA) and national federations have endorsed the World Squash Day to encourage clubs to open doors to attract and introduce more participants to the game, squash being rated as one of the healthiest sports. A new study by Fact.MR reveals that the market for squash rackets is projected to expand at a value CAGR of 3.7% throughout the period of assessment, 2018-2028.

Squash Gains Momentum – Motivation for Racket Manufacturers

Steady acceptance of squash worldwide can be traced back in 1998, when it was featured at the multi-sport events conducted by Asian Games and Commonwealth Games. Squash associations having lobbied for long years for the sport to be accepted into Olympic Games, the inclusion of this sport in recent times has raised its popularity worldwide, the sport being played for leisure and from a professional point of view. Possible inclusion of squash in the 2020 Tokyo Olympics and 2024 Olympics along with other games has pushed the fame of the sport.

Trending Eco friendliness Sustaining Growth

Given the growing importance of environment protection and trending eco-friendly products adoption, squash racket manufacturing has taken a new turn towards using eco-friendly material. Organic, recycled plastic material and water based adhesives are substituting the traditional synthetic rubber, leather, nylon, polyurethane and others as raw materials used in manufacturing of squash rackets. Thermoplastic elastomer – a newly developed and an advanced nontoxic material – is witnessing increased demand and used in manufacturing eco-friendly squash rackets. Several squash federations and associations are largely involved in environmental improvements and are established as eco-operators.

In alignment with this fact, key participants are producing rackets that use only 15 to 20 percent chemicals as compared to traditional rackets, the main aim being reducing the volume of disposed plastic. The use of eco-friendly material in manufacturing rackets is expected to significantly influence the growth of the squash rackets market.

Light Weight to Complement Expansion

Pervasiveness of light weight squash rackets continues to contribute to the overall demand for the product, preference particularly observed among squash professionals. Light weight of squash rackets enable better performance in terms of speed and swing owing to enhanced flexibility along with strength. Carbon fiber – that provides superior strength to weight ratio – has replaced wood, steel and metal in manufacturing of squash rackets. Moreover, application of nanotechnology in squash rackets in order to reduce weight, enhance strength and stiffness, increase abrasion resistance and reduce friction with a view to enhance performance and durability has pushed the use of light weight squash rackets, consequently aiding the growth of the squash rackets market.

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Table of Contents:

  1. Executive Summary
    1.1. Summarizing Key Findings
    1.2. Wheel of Fortune
    1.3. Opportunity Assessment
    1.4. Mega Trends
  2. Global Squash Rackets Market Introduction
  3. Global Squash Rackets Industry Overview
    3.1. Global Squash Rackets Market Value (US$ Mn) Forecast and Analysis
    3.2. Forecast Factors and Relevance of Impact
    3.3. Squash Rackets Supply Chain Analysis and Operating Margins
    3.4. Market Dynamics
    3.5. PEST Analysis
    3.6. Pricing Analysis by Region
    3.7. Opportunity Analysis
    3.8. Investment Feasibility Analysis
    3.9. Market Players Competition Matrix
    3.10. Key Players Market Presence (Intensity Map) by Regions
  4. Global Squash Rackets Market Historical Analysis 2013-2017 and Forecast 2018-2028, By Construction Type
    4.1. Revenue (US$ Mn), 2018-2028
    4.2. Market Share Comparison
    4.3. Y-o-Y growth Comparison
  5. Global Squash Rackets Market Historical Analysis 2013-2017 and Forecast 2018-2028, By Balance Type
    5.1. Revenue (US$ Mn), 2018-2028
    5.2. Market Share Comparison
    5.3. Y-o-Y growth Comparison

Continued…………….

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