Global Tennis Equipment Market Size & Outlook, 2021-2030

The tennis equipment industry worldwide is expected to reach a projected revenue of US$ 4,589.5 million by 2030. A compound annual growth rate of 2.2% is expected of the worldwide tennis equipment industry from 2022 to 2030.
Revenue, 2021 (US$M)
$3,770.1
Forecast, 2030 (US$M)
$4,589.5
CAGR, 2022 - 2030
2.2%
Report Coverage
Worldwide

Global tennis equipment market highlights

  • The global tennis equipment market generated a revenue of USD 3,770.1 million in 2021 and is expected to reach USD 4,589.5 million by 2030.
  • The market is expected to grow at a CAGR (2022 - 2030) of 2.2% by 2030.
  • In terms of segment, shoes accounted for a revenue of USD 1,138.7 million in 2021.
  • Racquets is the most lucrative product segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2021.
  • Country-wise, South Korea is expected to register the highest CAGR from 2022 to 2030.

Global data book summary

Market revenue in 2021USD 3,770.1 million
Market revenue in 2030USD 4,589.5 million
Growth rate2.2% (CAGR from 2021 to 2030)
Largest segmentShoes
Fastest growing segmentRacquets
Historical data covered2018 - 2020
Base year for estimation2021
Forecast period covered2022 - 2030
Quantitative unitsRevenue in USD million
Market segmentationShoes, Apparel, Racquets, Ball, Strings, Bags, Accessories

Other key industry trends

  • In terms of revenue, the North America accounted for 33.3% of the global tennis equipment market in 2021.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, South Korea is the fastest growing regional market and is projected to reach USD 10.0 million by 2030.

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Tennis Equipment Market Companies

Name Profile # Employees HQ Website

Global tennis equipment market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to tennis equipment market will help companies and investors design strategic landscapes.


Shoes was the largest segment with a revenue share of 30.2% in 2021. Horizon Databook has segmented the Global tennis equipment market based on shoes, apparel, racquets, ball, strings, bags, accessories covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Tennis Equipment Product Outlook (Revenue, USD Million, 2018-2030)
    • Shoes
    • Apparel
    • Racquets
    • Ball
    • Strings
    • Bags
    • Accessories
  • Global Tennis Equipment Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
    • Offline
    • Online

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  • Our clientele includes a mix of tennis equipment market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global tennis equipment market , including forecasts for subscribers. This global databook contains high-level insights into Global tennis equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global tennis equipment market size, by regions, 2018-2030 (US$M)

Top 10 countries: Tennis equipment market size, 2021 (US$M)

Global tennis equipment market share, by product, 2021 & 2030 (%, US$M)

Tennis equipment market: Opportunity assessment by country

Global tennis equipment market, by region, 2021 (US$M)

Global tennis equipment market size, by regions, 2018-2030 (US$M)

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