The Latin America, Middle East and Africa Badminton Equipment And Products Market would witness market growth of 7.0% CAGR during the forecast period (2022-2028).
The inclusion of major sports brands, like Adidas and Yonex, in the badminton industry is further raising the growth opportunities for the sport. This facilitates the investing of money and resources into marketing the sport around the world. Hence, badminton is attracting attention internationally owing to its marketing initiatives and partnerships. As a result, more individuals are playing the game owing to the increased publicity.
Additionally, more and more institutions and universities are promoting badminton by constructing courts and starting clubs on the premise of advancing the sport. More young people are becoming interested in badminton because of the ongoing planning of international competitions and the success of its celebrity players. All these factors aid in the expansion of the badminton equipment and products market in the coming years.
Badminton is also growing as an interesting sport in the Latin American region. Many nations have established national badminton organizations that look after the training and resource requirements of national players and empower them to represent the nation in international competitions. For example, Associacion Uruguaya de Badminton is in charge of Badminton related activities and necessities of the national players of Uruguay. Furthermore, the sport became more well-liked after the nation joined the BWF's Shuttle Time program. Hence, the efforts of the regional governments to increase the status of badminton as an important sport are the main factors that propel the development of badminton equipment and product market.
The Brazil market dominated the LAMEA Badminton Equipment And Products Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $86.4 Million by 2028.The Argentina market is exhibiting a CAGR of 7.5% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 6.7% during (2022 - 2028).
Based on Product, the market is segmented into Racquets, Shoes, Strings, Apparel, Shuttlecocks and Accessories. Based on Distribution Channel, the market is segmented into Hypermarkets/Supermarkets, Specialty & Sports Stores and Online. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Badminton Equipment And Products Market is Predict to reach $4.6 Billion by 2028, at a CAGR of 4.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Mizuno Corporation, ASICS Corporation, YONEX Co., Ltd., Li Ning (China) Sports Goods Co., Ltd., Babolat, Apacs Sports (M) Sdn Bhd, FELET International Holdings Sdn. Bhd., VICTOR RACKETS IND.CORP., GOSEN CO., LTD., and Yehlex (UK).
Scope of the Study
Market Segments Covered in the Report:
By Product
- Racquets
- Shoes
- Strings
- Apparel
- Shuttlecocks
- Accessories
By Distribution Channel
- Hypermarkets/Supermarkets
- Specialty & Sports Stores
- Online
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Mizuno Corporation
- ASICS Corporation
- YONEX Co., Ltd.
- Li Ning (China) Sports Goods Co., Ltd.
- Babolat
- Apacs Sports (M) Sdn Bhd
- FELET International Holdings Sdn. Bhd.
- VICTOR RACKETS IND.CORP.
- GOSEN CO., LTD.
- Yehlex (UK)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Badminton Equipment And Products Market, by Product
1.4.2 LAMEA Badminton Equipment And Products Market, by Distribution Channel
1.4.3 LAMEA Badminton Equipment And Products Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. LAMEA Badminton Equipment And Products Market by Product
3.1 LAMEA Racquets Market by Country
3.2 LAMEA Shoes Market by Country
3.3 LAMEA Strings Market by Country
3.4 LAMEA Apparel Market by Country
3.5 LAMEA Shuttlecocks Market by Country
3.6 LAMEA Accessories Market by Country
Chapter 4. LAMEA Badminton Equipment And Products Market by Distribution Channel
4.1 LAMEA Hypermarkets/Supermarkets Market by Country
4.2 LAMEA Specialty & Sports Stores Market by Country
4.3 LAMEA Online Market by Country
Chapter 5. LAMEA Badminton Equipment And Products Market by Country
5.1 Brazil Badminton Equipment And Products Market
5.1.1 Brazil Badminton Equipment And Products Market by Product
5.1.2 Brazil Badminton Equipment And Products Market by Distribution Channel
5.2 Argentina Badminton Equipment And Products Market
5.2.1 Argentina Badminton Equipment And Products Market by Product
5.2.2 Argentina Badminton Equipment And Products Market by Distribution Channel
5.3 UAE Badminton Equipment And Products Market
5.3.1 UAE Badminton Equipment And Products Market by Product
5.3.2 UAE Badminton Equipment And Products Market by Distribution Channel
5.4 Saudi Arabia Badminton Equipment And Products Market
5.4.1 Saudi Arabia Badminton Equipment And Products Market by Product
5.4.2 Saudi Arabia Badminton Equipment And Products Market by Distribution Channel
5.5 South Africa Badminton Equipment And Products Market
5.5.1 South Africa Badminton Equipment And Products Market by Product
5.5.2 South Africa Badminton Equipment And Products Market by Distribution Channel
5.6 Nigeria Badminton Equipment And Products Market
5.6.1 Nigeria Badminton Equipment And Products Market by Product
5.6.2 Nigeria Badminton Equipment And Products Market by Distribution Channel
5.7 Rest of LAMEA Badminton Equipment And Products Market
5.7.1 Rest of LAMEA Badminton Equipment And Products Market by Product
5.7.2 Rest of LAMEA Badminton Equipment And Products Market by Distribution Channel
Chapter 6. Company Profiles
6.1 ASICS Corporation
6.1.1 Company Overview
6.1.2 Financial Analysis
6.1.3 Segmental Analysis
6.1.4 Research & Development Expenses
6.1.5 Recent strategies and developments:
6.1.5.1 Geographical Expansions:
6.2 YONEX CO., LTD.
6.2.1 Company Overview
6.2.2 Financial Analysis
6.2.3 Segmental and Regional Analysis
6.2.4 Research & Development Expenses
6.2.5 Recent strategies and developments:
6.2.5.1 Partnerships, Collaborations, and Agreements:
6.3 Mizuno Corporation
6.3.1 Company Overview
6.3.2 Financial Analysis
6.3.3 Segmental and Regional Analysis
6.4 Li Ning (China) Sports Goods Co., Ltd.
6.4.1 Company Overview
6.4.2 Financial Analysis
6.4.3 Product Category and Regional Analysis
6.4.4 Research & Development Expenses
6.5 Apacs Sports (M) Sdn Bhd
6.5.1 Company Overview
6.6 Felet International Holdings Sdn Bhd
6.6.1 Company Overview
6.7 Victor Rackets Ind.Corp.
6.7.1 Company Overview
6.8 Gosen Co., Ltd.
6.8.1 Company Overview
6.9 Yehlex (UK)
6.9.1 Company Overview
6.10. Babolat
6.10.1 Company Overview
TABLE 1 LAMEA Badminton Equipment And Products Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Badminton Equipment And Products Market, 2022 - 2028, USD Million
TABLE 3 LAMEA Badminton Equipment And Products Market by Product, 2018 - 2021, USD Million
TABLE 4 LAMEA Badminton Equipment And Products Market by Product, 2022 - 2028, USD Million
TABLE 5 LAMEA Racquets Market by Country, 2018 - 2021, USD Million
TABLE 6 LAMEA Racquets Market by Country, 2022 - 2028, USD Million
TABLE 7 LAMEA Shoes Market by Country, 2018 - 2021, USD Million
TABLE 8 LAMEA Shoes Market by Country, 2022 - 2028, USD Million
TABLE 9 LAMEA Strings Market by Country, 2018 - 2021, USD Million
TABLE 10 LAMEA Strings Market by Country, 2022 - 2028, USD Million
TABLE 11 LAMEA Apparel Market by Country, 2018 - 2021, USD Million
TABLE 12 LAMEA Apparel Market by Country, 2022 - 2028, USD Million
TABLE 13 LAMEA Shuttlecocks Market by Country, 2018 - 2021, USD Million
TABLE 14 LAMEA Shuttlecocks Market by Country, 2022 - 2028, USD Million
TABLE 15 LAMEA Accessories Market by Country, 2018 - 2021, USD Million
TABLE 16 LAMEA Accessories Market by Country, 2022 - 2028, USD Million
TABLE 17 LAMEA Badminton Equipment And Products Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 18 LAMEA Badminton Equipment And Products Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 19 LAMEA Hypermarkets/Supermarkets Market by Country, 2018 - 2021, USD Million
TABLE 20 LAMEA Hypermarkets/Supermarkets Market by Country, 2022 - 2028, USD Million
TABLE 21 LAMEA Specialty & Sports Stores Market by Country, 2018 - 2021, USD Million
TABLE 22 LAMEA Specialty & Sports Stores Market by Country, 2022 - 2028, USD Million
TABLE 23 LAMEA Online Market by Country, 2018 - 2021, USD Million
TABLE 24 LAMEA Online Market by Country, 2022 - 2028, USD Million
TABLE 25 LAMEA Badminton Equipment And Products Market by Country, 2018 - 2021, USD Million
TABLE 26 LAMEA Badminton Equipment And Products Market by Country, 2022 - 2028, USD Million
TABLE 27 Brazil Badminton Equipment And Products Market, 2018 - 2021, USD Million
TABLE 28 Brazil Badminton Equipment And Products Market, 2022 - 2028, USD Million
TABLE 29 Brazil Badminton Equipment And Products Market by Product, 2018 - 2021, USD Million
TABLE 30 Brazil Badminton Equipment And Products Market by Product, 2022 - 2028, USD Million
TABLE 31 Brazil Badminton Equipment And Products Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 32 Brazil Badminton Equipment And Products Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 33 Argentina Badminton Equipment And Products Market, 2018 - 2021, USD Million
TABLE 34 Argentina Badminton Equipment And Products Market, 2022 - 2028, USD Million
TABLE 35 Argentina Badminton Equipment And Products Market by Product, 2018 - 2021, USD Million
TABLE 36 Argentina Badminton Equipment And Products Market by Product, 2022 - 2028, USD Million
TABLE 37 Argentina Badminton Equipment And Products Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 38 Argentina Badminton Equipment And Products Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 39 UAE Badminton Equipment And Products Market, 2018 - 2021, USD Million
TABLE 40 UAE Badminton Equipment And Products Market, 2022 - 2028, USD Million
TABLE 41 UAE Badminton Equipment And Products Market by Product, 2018 - 2021, USD Million
TABLE 42 UAE Badminton Equipment And Products Market by Product, 2022 - 2028, USD Million
TABLE 43 UAE Badminton Equipment And Products Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 44 UAE Badminton Equipment And Products Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 45 Saudi Arabia Badminton Equipment And Products Market, 2018 - 2021, USD Million
TABLE 46 Saudi Arabia Badminton Equipment And Products Market, 2022 - 2028, USD Million
TABLE 47 Saudi Arabia Badminton Equipment And Products Market by Product, 2018 - 2021, USD Million
TABLE 48 Saudi Arabia Badminton Equipment And Products Market by Product, 2022 - 2028, USD Million
TABLE 49 Saudi Arabia Badminton Equipment And Products Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 50 Saudi Arabia Badminton Equipment And Products Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 51 South Africa Badminton Equipment And Products Market, 2018 - 2021, USD Million
TABLE 52 South Africa Badminton Equipment And Products Market, 2022 - 2028, USD Million
TABLE 53 South Africa Badminton Equipment And Products Market by Product, 2018 - 2021, USD Million
TABLE 54 South Africa Badminton Equipment And Products Market by Product, 2022 - 2028, USD Million
TABLE 55 South Africa Badminton Equipment And Products Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 56 South Africa Badminton Equipment And Products Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 57 Nigeria Badminton Equipment And Products Market, 2018 - 2021, USD Million
TABLE 58 Nigeria Badminton Equipment And Products Market, 2022 - 2028, USD Million
TABLE 59 Nigeria Badminton Equipment And Products Market by Product, 2018 - 2021, USD Million
TABLE 60 Nigeria Badminton Equipment And Products Market by Product, 2022 - 2028, USD Million
TABLE 61 Nigeria Badminton Equipment And Products Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 62 Nigeria Badminton Equipment And Products Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 63 Rest of LAMEA Badminton Equipment And Products Market, 2018 - 2021, USD Million
TABLE 64 Rest of LAMEA Badminton Equipment And Products Market, 2022 - 2028, USD Million
TABLE 65 Rest of LAMEA Badminton Equipment And Products Market by Product, 2018 - 2021, USD Million
TABLE 66 Rest of LAMEA Badminton Equipment And Products Market by Product, 2022 - 2028, USD Million
TABLE 67 Rest of LAMEA Badminton Equipment And Products Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 68 Rest of LAMEA Badminton Equipment And Products Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 69 Key Information – ASICS Corporation
TABLE 70 Key Information – YONEX CO., LTD.
TABLE 71 Key Information – Mizuno Corporation
TABLE 72 Key Information – Li Ning (China) Sports Goods Co., Ltd.
TABLE 73 Key Information – Apacs Sports (M) Sdn Bhd
TABLE 74 Key Information – FELET INTERNATIONAL HOLDINGS SDN BHD
TABLE 75 Key Information – VICTOR RACKETS IND.CORP.
TABLE 76 Key Information – GOSEN CO., LTD.
TABLE 77 Key Information – Yehlex (UK)
TABLE 78 Key Information – babolat
List of Figures
FIG 1 Methodology for the research