Press release
Badminton Apparel Market To Benefit From Swift Technological Advancements During Forecast Period : Fact.MR
Fact.MR recently published the global badminton apparel market research report for the forecast period 2022-2032. According to the study, the market is poised to expand rapidly at around 11% CAGR, surpassing a revenue share of US$ 33 Bn by 2032. Manufacturers are majorly reliant on surging badminton popularity across prominent markets to further their gains.From 2017 to 2021, sales of badminton apparel surged at a CAGR of 10%. Prospects temporarily contracted during the peak of the COVID-19 pandemic, as imposition of lockdowns led to cessation of outdoor commercial sporting events, leading to postponement of badminton matches. At the same time, personal grade apparel sales surged as people began engaging in sporting activities to remain fit.
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Key Segments Covered in the Badminton Apparel Industry Analysis
By Product
Top Wear Badminton Apparel
Badminton Jackets
Badminton Sports Bras
Badminton Sweatshirts
Badminton Track Suits
Badminton T-Shirt & Tees
Bottom Wear Badminton Apparel
Badminton Pants & Trousers
Badminton Shorts & Tights
Badminton Skirts
Badminton Footwear
Others
By Material
Badminton Apparel Made from Natural Fabric
Badminton Apparel Made from Synthetic Fabric
By Distribution Channel
Online Badminton Apparel Sales
e-Commerce Websites
Company-owned Websites
Offline Badminton Apparel Sales
Hypermarkets & Supermarkets
Specialty Stores
Other Retail Stores
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Key Takeaways from the Market Study
Global badminton apparel market to be valued at US$ 11.72 Bn by 2022-end
Top wear badminton apparel sales to surge at an 11% value CAGR until 2032
40% of total badminton apparel revenue to be contributed by natural fiber-based material
U.S to be the dominant badminton apparel market, accumulating a market share of 35%
China to experience considerable incline, registering a CAGR of 12% from 2022-2032
U.K to accrue significant market gains, accumulating a revenue share of 32%
"Owing to the rising popularity of the sports and the increasing participation of women in the sport, the demand for natural fiber badminton apparel is increasing in the market, "says Fact.MR
Competitive Landscape
In 2021, Babolat relaunched its Jet Premura flagship padel shoes with enhanced features. The new version weighs 5 grams less, down to 320 grams. The Michelin sole is designed and developed specifically for padel, to make it more flexible and elastic, while providing safety in every movement the player makes on court.
In December 2021, With the aim of breeding footwork performance through optimized fit, the POWER CUSHION 88 DIAL will receive technological updates as preparation for a global rollout beginning in late January 2022. Inspired by the POWER CUSHION INFINITY, the 88 DIAL maximizes the fit of the shoe using the BOA © Fit System. The BOA * Fit System allows for a precise and balanced fit by rotating the single-dial to a perfect angle and applying even pressure to the foot.
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More Insights Available
Fact.MR, in its new offering, presents an unbiased analysis of the badminton apparel market, presenting historical demand data (2017-2021) and forecast statistics for the period of 2022-2032.
The study divulges essential insights on the market on the basis of product (top wear, bottom wear, footwear and others), material (natural fabric and synthetic fabric) and distribution channel (online and offline), across five major regions of the world (North America, Europe, Asia Pacific, Middle East & Africa, and South America).
Source - https://www.factmr.com/report/badminton-apparel-market
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