Global Squash Equipment Market 2016-2020.pdf

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Global Squash Equipment Market Size,
Share, Analysis, Industry Growth and
Forecast Research Report 2016-2020
Market Reports Center
Technavio Announces the Publication of its Research Report Global Squash Equipment Market 2016-
Technavio recognizes the following companies as the key players in the global squash equipment
market: Amer Sports, Dunlop Sport, HEAD, Prince Global Sports, and Tecnifibre
Other Prominent Vendors in the market are: ASICS, Babolat, One Strings, Slazenger, and Solinco
Commenting on the report, an analyst from Technavio’ s team said: “ The application of
nanotechnology provides greater advantage and potential to increase the durability and performance
of squash rackets. In the case of squash rackets, nanotechnology provides the equipment with high
strength and stiffness, reduced weight, reduced friction, and abrasion resistance. Nanomaterials like
carbon nanotubes and nanoclay fullerenes are increasingly being used to manufacture squash rackets
to enhance performance. For instance, Wilson introduced this technology through its nTour racket
series, and HEAD introduced it through its Titanium line of squash rackets. The intense competition
among key competitors also makes them differentiate their rackets based on design, performance, and
technology. For instance, in 2015, Tecnifibre launched a lightweight racket named Dynergy AP 125 as
a part of its Dynergy series, which makes it easy to handle and control. HEAD’ s Graphene XT series
is yet another example of lightweight rackets.”
Know more about sample report:
According to the report, the number of squash tournaments played across the world is significantly
increasing, owing to the rise in participation of regular players over the last couple of years. Squash
associations like PSA, along with many country-specific associations, are spending more on supporting
basic level tournaments to encourage participation. This increase in the number of competitions is
directly proportional to the demand for squash equipment and frequent replacement of old rackets,
which consequently propels market growth. The PSA organizes over 220 tournaments per year across
the world. Approximately 1,000 players from each region have been registered with the PSA.
Further, the report states that squash has a limited adoption rate on the basis of its popularity and
acceptance. While squash is mainly played in the Americas and Europe, the growth is significant in
APAC. One of the major reasons why squash lacks a universal appeal is the global popularity of
tennis. As tennis is popular across the globe and has higher adoption and participation rates
compared to squash, especially in the Americas and Europe, most consumers in the aforementioned
regions prefer tennis over squash. Despite speculations of squash being a part of the Tokyo Olympics
2020 and performing reasonably well, the sport lacks a global appeal.
The study was conducted using an objective combination of primary and secondary information
including inputs from key participants in the industry. The report contains a comprehensive market
and vendor landscape in addition to a SWOT analysis of the key vendors.
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About Squash Equipment
Squash is played across the globe; however, it is largely popular in the Americas and Europe, because
of the presence of a high number of squash courts and the popularity of the sport in the regions. Due
to increased product features in squash equipment, the market is expected to grow moderately during
the forecast period. The moderate growth is attributed to the already popular and high growth of
other racket games like tennis and badminton.
Technavio’ s analysts forecast the global squash equipment market to grow at a CAGR of 1.2% during
the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global squash equipment
market for 2016-2020. To calculate the market size, the report considers the revenue generated from
the sales of squash equipment sold to individual consumers across the globe in 2015.
The market is divided into the following segments based on geography:
• Americas
• Europe
Technavio's report, Global Squash Equipment Market 2016-2020, has been prepared based on an in-
depth market analysis with inputs from industry experts. The report covers the market landscape and
its growth prospects over the coming years. The report also includes a discussion of the key vendors
operating in this market.
Key vendors
• Amer Sports
• Dunlop Sport
• Prince Global Sports
• Tecnifibre
Other prominent vendors
• Babolat
• One Strings
• Slazenger
• Solinco
Market driver
• Rise in number of national and international squash tournaments
• For a full, detailed list, view our report
Market challenge
• Fluctuations in cost of raw materials
• For a full, detailed list, view our report
Market trend
• Technological advancements and use of nanomaterials
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?