Tennis Wear Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Nike, Adidas, Under Armour, Fred Perry

Registering a CAGR of 5.72% over the forecast period, the tennis wear market is anticipated to reach the market value of US$ 2022.9 million by 2027 from US$ 1957.9 million in 2022.

Tennis Wear Market Overview

Based on all of these findings, the global tennis wear industry study report proposes a strategic approach to improve market conditions for existing industry participants. The research also provides strategies for beginners to the business. The top manufacturers and merchants in all key industries are also listed in the market analysis report. This study and statistics are intended to aid industry participants in improving their competitive network interface and expanding their geographic reach. Owing to the increasing awareness among younger female adults who are seeking out fitness, becoming more health-conscious and focusing on wellness activities like Yoga, gym and sports. Also there have been technological improvements to synthetic fiber which makes products spandex more durable, flexible and washable when compared to natural materials, direct – to – consumer (D2C), celebrity collaborations and designer tennis wear brands something which is propelling this industry.

However, the presence of imitations is a concern for safety and quality issues which is a constant battle for consumers and brands. These issues lead to decline in sales of the key tennis wear players and also affects the market share negatively. According to several studies, due to the impact of COVID-19 pandemic, gyms closed down and sporting events were cancelled which led to retailers encouraging the consumers to work out at home which saw tennis wear sellouts being shot up by 40% in the US and 97% in the UK.

Who are the Major Players in A Tennis Wear Market?

Top Key Players in the Tennis Wear Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global Tennis Wear Market is fragmented with a large number of small players operating worldwide. The companies referred to in the market research report include Nike, Adidas, Under Armour, Fred Perry, ASICS, ANTA, FILA, ERKE, YONEX, LACOSTE, Kappa, LINING, PEAK, Wilson, LOTTO, Prince, Eleven and others.

Industry Updates:

• 17/11/2021, NikeCourt Flare Signals the Next Generation of Tennis Footwear-
  
  Engineered specifically for Serena Williams, the NikeCourt Flare delivers stability through a lightweight, minimal design.


• 23 November 2021, The iconic tennis brand Fred Perry has launched three new styles of knitwear using British wool. The wool in all of the products is grown in the UK. This is one example of genuine British wool being used by a premium brand on the high street. Wimbledon champion Fred Perry founded the brand in 1952 when he first designed a pique tennis shirt. This British heritage brand has always been synonymous with timeless heritage and iconic collaborations.

What are the major Applications, Types and Regions for Tennis Wear Market?

Tennis Wear Market is segmented based on the type, applications, companies and regions.

Market Volume (%) By Type, it is segmented into

• Upper Garment


• Under Clothing


• Others

Market Volume (%) By Applications it is segmented into

• Youth Tennis Participation


• Core Tennis Players (10+ times a year)


• Other

Tennis Wear Market Regional Analysis

The growth of the Tennis Wear market in Asia-Pacific is driven by an upsurge in disposable income, change in lifestyles, and an increase in urbanization in various countries of this region. Further, countries like China and India have the largest millennial demographic and emerging as Tennis Wear hotspots. The growth of the market in general and the call for sustainable alternatives like cotton could see mass mobilizations with sustainability at the fore, could give rise to new influencers, fashion experts, more indie D2C brands, collaborations, and retail experiences in the at leisure scene. In addition, the Indian customer base has become increasingly health-conscious, which fuels the adoption of women's Tennis Wear.

All these factors greatly affect the Tennis Wear market growth. It further aims at providing complete overview on detailed assessment of significant features of different industries including sales value, sales volume, market revenue, and demand size, sales growth, pricing analysis and changing market growth factors in regions such as Follows,

• North America
  
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

The Tennis Wear Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Tennis Wear Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.

What is our Tennis Wear Market report scope?

The report includes in-depth assessment of the competitive landscape, product market sizing (Value and Volume), product benchmarking, market trends, product developments, financial analysis, strategic analysis and many more to measure the impact forces and potential opportunities of the market. As well as this the report also includes a study of major developments in the market like product launches, agreements, acquisitions, collaborations, mergers and many more to comprehend the prevailing market dynamics at current and its impact in the forecast period 2022-2027.

Key Highlights from this Tennis Wear Report

• A comprehensive backdrop analysis, which contains an assessment of the parent market


• Essential changes in market dynamics.


• Market segmentation up to the second or third level.


• Historical, current, and projected size of the market from the standpoint of both value and volume.


• Reporting and evaluation of recent industry developments.


• Market shares and strategies of major players.


• Emerging niche segments and regional markets.


• An objective assessment of the trajectory of the market.


• Recommendations to companies for strengthening their foothold in the market.

All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.

Frequently Asked Questions

What is the study period of this market?

The Tennis Wear Market is studied from 2017 - 2027.

What is the growth rate of Tennis Wear Market?

The Tennis Wear Market is growing at a CAGR of 5.72% over the next 5 years.

Who are the key players in Tennis Wear Market?

Nike, Adidas, Under Armour, Fred Perry, ASICS, ANTA, FILA, ERKE, YONEX, LACOSTE, Kappa, LINING, PEAK, Wilson, LOTTO, Prince, Eleven

What region does this Tennis Wear Market report covers?

North America (the United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

South America (Brazil, Argentina, Colombia, etc.)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

What are the significant types of Tennis Wear Market?

Upper Garment, Under Clothing, Others

What are the major end-use applications of Tennis Wear Market?

Youth Tennis Participation, Core Tennis Players (10+ times a year), Others.