Badminton Equipment and Facilities Market Size, Trends and Insights By Equipment (Rackets, Shuttlecocks, Shoes, Apparel, Accessories), By Facility Type (Clubs and Academies, Gyms and Sports Centers, Schools and Colleges, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033
Report Snapshot
| Study Period: | 2024-2033 |
| Fastest Growing Market: | Asia-Pacific |
| Largest Market: | Europe |
Major Players
- Yonex Co. Ltd.
- Victor Racket Industrial Corp.
- Li-Ning Company Limited
- Carlton Sports
- KAWASAKI SPORTS CO. LTD.
- Others
Reports Description
Global Badminton Equipment and Facilities Market is poised for substantial growth from 2023 to 2032, driven by increasing participation in badminton as a recreational and competitive sport. The market is projected to have a CAGR of approximately 7.8% during this period. In 2022, the market is expected to be valued at USD 2.5 Billion, and it is anticipated to reach USD 4.9 Billion by 2032.
Badminton is a popular and accessible sport enjoyed by millions of people worldwide, contributing to the demand for high-quality equipment and suitable facilities. The global badminton equipment and facilities market encompasses a range of products, from rackets and shuttlecocks to apparel and accessories, along with various types of facilities where the sport can be practised and played.
Global Badminton Equipment And Facilities Market – Significant Growth Factors
- Growing Interest in Badminton: The sport of badminton is gaining popularity globally, both as a recreational activity and a competitive sport. This increased interest fuels the demand for equipment and facilities.
- Competitive Badminton: Badminton is a highly competitive sport with professional leagues and tournaments. As the competitive landscape expands, so does the need for high-quality equipment and facilities.
- Rising Health Awareness: Badminton is recognized for its health benefits, promoting physical fitness and wellness. This encourages people to take up the sport, driving equipment and facility requirements.
- School and College Programs: Badminton is a common sport in educational institutions. School and college programs foster a new generation of badminton players, necessitating proper equipment and facilities.
- Product Innovations: Continuous innovations in badminton equipment, including rackets, shuttlecocks, and sportswear, are attracting consumers looking for improved performance and durability.
- Infrastructure Development: Investment in sports infrastructure, including badminton courts and facilities, supports the growth of the sport and the market.
- Marketing and Sponsorships: Aggressive marketing and sponsorships by sports equipment manufacturers and badminton tournaments promote the sport and drive demand.
- Global Sporting Events: The presence of badminton in international sporting events like the Olympics and the All England Championships heightens the sport’s global profile.
- Online Retail: The growth of e-commerce has made badminton equipment and apparel easily accessible to a wider audience, further boosting the market.
Global Badminton Equipment and Facilities Market – Mergers and Acquisitions
- Yonex’s Acquisition of Victor Racket Industrial Corp: Yonex, a prominent badminton equipment manufacturer, acquired Victor Racket Industrial Corp to strengthen its position in the market.
- Li-Ning’s Expansion: Li-Ning, a leading Chinese sportswear brand, expanded its badminton equipment and apparel offerings, solidifying its presence in the market.
- Decathlon’s Retail Expansion: Decathlon, a global sporting goods retailer, expanded its network of stores, making badminton equipment and facilities more accessible to consumers.
- Carlton Sports’ Innovation: Carlton Sports, known for its badminton products, introduced innovative rackets and equipment to cater to the evolving needs of players.
- KAWASAKI SPORTS’ Market Growth: KAWASAKI SPORTS expanded its product portfolio and distribution channels, contributing to market growth.
COMPARATIVE ANALYSIS OF THE RELATED MARKET
| Badminton Equipment and Facilities Market | Human-Centric Workplace Market | Wooden Toys Market |
| CAGR 7.8% (Approx) | CAGR 9.2% (Approx) | CAGR 6% (Approx) |
| USD 4.9 Billion by 2032 | USD 21.50 Billion by 2032 | USD 35.99 Billion by 2032 |
Global Badminton Equipment and Facilities Market – Significant Challenges
- Economic Factors: Economic fluctuations can impact consumer spending on badminton equipment and participation in the sport.
- Competition from Other Sports: The badminton market faces competition from other sports and recreational activities, influencing participation and sales.
- Product Quality: Maintaining product quality and innovation is essential to meet the expectations of badminton players.
- Infrastructure Development: Expanding the infrastructure for badminton facilities, especially in regions with limited resources, can be challenging.
- Market Competition: Intense competition among manufacturers and retailers affects pricing and product availability.
Report Scope
| Feature of the Report | Details |
| Market Size in 2023 | USD 2.7 Billion |
| Projected Market Size in 2032 | USD 4.9 Billion |
| Market Size in 2022 | USD 2.5 Billion |
| CAGR Growth Rate | 7.8% CAGR |
| Base Year | 2023 |
| Forecast Period | 2024-2033 |
| Key Segment | By Equipment, Facility Type and Region |
| Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
| Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
| Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
Category-Wise Insights
By Equipment:
- Rackets remain a central component of badminton equipment, with various options available for different playing styles and preferences.
- Shuttlecocks are critical for the game’s performance, and innovations have led to shuttlecocks with improved durability and flight characteristics.
- Shoes designed for badminton provide the grip and support required for swift court movements.
- Apparel includes specialized sportswear, such as jerseys, shorts, and accessories designed for comfort and performance.
- Accessories encompass items like grips, bags, and strings, which complement the primary equipment.
By Facility Type:
- Clubs and Academies offer a dedicated space for professional training and organized badminton events.
- Gyms and Sports Centers provide access to badminton facilities for both enthusiasts and casual players.
- Schools and Colleges include badminton courts as part of their sports infrastructure, encouraging student participation.
- Other facility types encompass diverse locations where badminton can be practised, such as community centers and recreational areas.
Badminton Equipment and Facilities Market – Regional Analysis
North America:
- North America, led by the United States and Canada, witnesses steady growth in the badminton equipment and facilities market.
- Participation in badminton is increasing in schools and colleges, contributing to the market’s growth.
- Growth is also driven by the adoption of badminton as a recreational sport in gyms and sports centers.
Europe:
- Europe, with countries like Denmark, Russia, and the UK, has a strong presence in the competitive badminton landscape.
- Investment in infrastructure and participation in professional tournaments drive the market.
- Facility types vary from professional academies to schools and sports centers.
Asia-Pacific:
- Asia-Pacific, particularly China, Indonesia, and India, is a dominant badminton region, with many players and enthusiasts.
- The region is characterized by a strong market for badminton equipment and the presence of numerous badminton clubs and academies.
- Schools and colleges in the region also contribute significantly to the market.
Latin America:
- In Latin America, countries like Brazil and Mexico are witnessing growth in badminton, with schools and community centers offering facilities.
- The market in the region benefits from increasing interest in badminton as a recreational sport.
Middle East and Africa:
- The Middle East and Africa region shows promise for the badminton market, with infrastructure development and increasing participation.
- Professional academies and sports centers are emerging in this region.
Rest of the World:
- Various countries across the world are adopting badminton, often in community centers and schools, contributing to the global market.
List of the prominent players in the Badminton Equipment and Facilities Market:
- Yonex Co. Ltd.
- Victor Racket Industrial Corp.
- Li-Ning Company Limited
- Carlton Sports
- KAWASAKI SPORTS CO. LTD.
- ASHAWAY
- Decathlon S.A.
- Stiga Sports AB
- Apacs Sports Sdn Bhd
- Poona Badminton Company
- Babolat
- Karakal
- Others
The Badminton Equipment and Facilities Market is segmented as follows:
By Type
- Badminton Racquets
- Shuttlecocks
- Badminton Shoes
- Clothing
- Strings
- Grips
- Bags
- Accessories
- Nets
- Flooring
- Lighting
By Application
- Specialty and Sports Stores
- Department and Discount Stores
- Online Retail Club Stores
By End-User
- Professional Players
- Amateur Players
- Leisure & Recreational
By Distribution Channel
- Direct Sales
- Distributors
- Franchise
Regional Coverage:
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Russia
- Italy
- Spain
- Netherlands
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Taiwan
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
Table of Contents
- Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research methodology
- 1.3.1 Market Research Type
- 1.3.2 Market Research Methodology
- Chapter 2. Executive Summary
- 2.1 Global Badminton Equipment and Facilities Market, (2024 – 2033) (USD Billion)
- 2.2 Global Badminton Equipment and Facilities Market: snapshot
- Chapter 3. Global Badminton Equipment and Facilities Market – Industry Analysis
- 3.1 Badminton Equipment and Facilities Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 Growing Interest in Badminton
- 3.2.2 Competitive Badminton
- 3.2.3 Rising Health Awareness
- 3.2.4 School and College Programs
- 3.2.5 Product Innovations
- 3.2.6 Infrastructure Development
- 3.2.7 Marketing and Sponsorships
- 3.2.8 Global Sporting Events
- 3.2.9 Online Retail.
- 3.3 Market Restraints
- 3.4 Market Opportunities
- 3.5 Market Challenges
- 3.6 Porter’s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Equipment
- 3.7.2 Market Attractiveness Analysis By Facility Type
- Chapter 4. Global Badminton Equipment and Facilities Market- Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 Global Badminton Equipment and Facilities Market: Company Market Share, 2022
- 4.2 Strategic development
- 4.2.1 Acquisitions & mergers
- 4.2.2 New Product launches
- 4.2.3 Agreements, partnerships, collaboration, and joint ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- 4.1 Company market share analysis
- Chapter 5. Global Badminton Equipment and Facilities Market – Equipment Analysis
- 5.1 Global Badminton Equipment and Facilities Market Overview: By Equipment
- 5.1.1 Global Badminton Equipment and Facilities Market Share, By Equipment, 2022 and – 2033
- 5.2 Rackets
- 5.2.1 Global Badminton Equipment and Facilities Market by Rackets, 2024 – 2033 (USD Billion)
- 5.3 Shuttlecocks
- 5.3.1 Global Badminton Equipment and Facilities Market by Shuttlecocks, 2024 – 2033 (USD Billion)
- 5.4 Shoes
- 5.4.1 Global Badminton Equipment and Facilities Market by Shoes, 2024 – 2033 (USD Billion)
- 5.5 Apparel
- 5.5.1 Global Badminton Equipment and Facilities Market by Apparel, 2024 – 2033 (USD Billion)
- 5.6 Accessories
- 5.6.1 Global Badminton Equipment and Facilities Market by Accessories, 2024 – 2033 (USD Billion)
- 5.1 Global Badminton Equipment and Facilities Market Overview: By Equipment
- Chapter 6. Global Badminton Equipment and Facilities Market – Facility Type Analysis
- 6.1 Global Badminton Equipment and Facilities Market Overview: By Facility Type
- 6.1.1 Global Badminton Equipment and Facilities Market Share, By Facility Type, 2022 and – 2033
- 6.2 Clubs and Academies
- 6.2.1 Global Badminton Equipment and Facilities Market by Clubs and Academies, 2024 – 2033 (USD Billion)
- 6.3 Gyms and Sports Centers
- 6.3.1 Global Badminton Equipment and Facilities Market by Gyms and Sports Centers , 2024 – 2033 (USD Billion)
- 6.4 Schools and Colleges
- 6.4.1 Global Badminton Equipment and Facilities Market by Schools and Colleges, 2024 – 2033 (USD Billion)
- 6.5 Others
- 6.5.1 Global Badminton Equipment and Facilities Market by Others, 2024 – 2033 (USD Billion)
- 6.1 Global Badminton Equipment and Facilities Market Overview: By Facility Type
- Chapter 7. Badminton Equipment and Facilities Market – Regional Analysis
- 7.1 Global Badminton Equipment and Facilities Market Regional Overview
- 7.2 Global Badminton Equipment and Facilities Market Share, by Region, 2022 & – 2033 (USD Billion)
- 7.3. North America
- 7.3.1 North America Badminton Equipment and Facilities Market, 2024 – 2033 (USD Billion)
- 7.3.1.1 North America Badminton Equipment and Facilities Market, by Country, 2024 – 2033 (USD Billion)
- 7.3.1 North America Badminton Equipment and Facilities Market, 2024 – 2033 (USD Billion)
- 7.4 North America Badminton Equipment and Facilities Market, by Equipment, 2024 – 2033
- 7.4.1 North America Badminton Equipment and Facilities Market, by Equipment, 2024 – 2033 (USD Billion)
- 7.5 North America Badminton Equipment and Facilities Market, by Facility Type, 2024 – 2033
- 7.5.1 North America Badminton Equipment and Facilities Market, by Facility Type, 2024 – 2033 (USD Billion)
- 7.6. Europe
- 7.6.1 Europe Badminton Equipment and Facilities Market, 2024 – 2033 (USD Billion)
- 7.6.1.1 Europe Badminton Equipment and Facilities Market, by Country, 2024 – 2033 (USD Billion)
- 7.6.1 Europe Badminton Equipment and Facilities Market, 2024 – 2033 (USD Billion)
- 7.7 Europe Badminton Equipment and Facilities Market, by Equipment, 2024 – 2033
- 7.7.1 Europe Badminton Equipment and Facilities Market, by Equipment, 2024 – 2033 (USD Billion)
- 7.8 Europe Badminton Equipment and Facilities Market, by Facility Type, 2024 – 2033
- 7.8.1 Europe Badminton Equipment and Facilities Market, by Facility Type, 2024 – 2033 (USD Billion)
- 7.9. Asia Pacific
- 7.9.1 Asia Pacific Badminton Equipment and Facilities Market, 2024 – 2033 (USD Billion)
- 7.9.1.1 Asia Pacific Badminton Equipment and Facilities Market, by Country, 2024 – 2033 (USD Billion)
- 7.9.1 Asia Pacific Badminton Equipment and Facilities Market, 2024 – 2033 (USD Billion)
- 7.10 Asia Pacific Badminton Equipment and Facilities Market, by Equipment, 2024 – 2033
- 7.10.1 Asia Pacific Badminton Equipment and Facilities Market, by Equipment, 2024 – 2033 (USD Billion)
- 7.11 Asia Pacific Badminton Equipment and Facilities Market, by Facility Type, 2024 – 2033
- 7.11.1 Asia Pacific Badminton Equipment and Facilities Market, by Facility Type, 2024 – 2033 (USD Billion)
- 7.12. Latin America
- 7.12.1 Latin America Badminton Equipment and Facilities Market, 2024 – 2033 (USD Billion)
- 7.12.1.1 Latin America Badminton Equipment and Facilities Market, by Country, 2024 – 2033 (USD Billion)
- 7.12.1 Latin America Badminton Equipment and Facilities Market, 2024 – 2033 (USD Billion)
- 7.13 Latin America Badminton Equipment and Facilities Market, by Equipment, 2024 – 2033
- 7.13.1 Latin America Badminton Equipment and Facilities Market, by Equipment, 2024 – 2033 (USD Billion)
- 7.14 Latin America Badminton Equipment and Facilities Market, by Facility Type, 2024 – 2033
- 7.14.1 Latin America Badminton Equipment and Facilities Market, by Facility Type, 2024 – 2033 (USD Billion)
- 7.15. The Middle East and Africa
- 7.15.1 The Middle-East and Africa Badminton Equipment and Facilities Market, 2024 – 2033 (USD Billion)
- 7.15.1.1 The Middle-East and Africa Badminton Equipment and Facilities Market, by Country, 2024 – 2033 (USD Billion)
- 7.15.1 The Middle-East and Africa Badminton Equipment and Facilities Market, 2024 – 2033 (USD Billion)
- 7.16 The Middle-East and Africa Badminton Equipment and Facilities Market, by Equipment, 2024 – 2033
- 7.16.1 The Middle-East and Africa Badminton Equipment and Facilities Market, by Equipment, 2024 – 2033 (USD Billion)
- 7.17 The Middle-East and Africa Badminton Equipment and Facilities Market, by Facility Type, 2024 – 2033
- 7.17.1 The Middle-East and Africa Badminton Equipment and Facilities Market, by Facility Type, 2024 – 2033 (USD Billion)
- Chapter 8. Company Profiles
- 8.1 Yonex Co. Ltd.
- 8.1.1 Overview
- 8.1.2 Financials
- 8.1.3 Product Portfolio
- 8.1.4 Business Strategy
- 8.1.5 Recent Developments
- 8.2 Victor Racket Industrial Corp.
- 8.2.1 Overview
- 8.2.2 Financials
- 8.2.3 Product Portfolio
- 8.2.4 Business Strategy
- 8.2.5 Recent Developments
- 8.3 Li-Ning Company Limited
- 8.3.1 Overview
- 8.3.2 Financials
- 8.3.3 Product Portfolio
- 8.3.4 Business Strategy
- 8.3.5 Recent Developments
- 8.4 Carlton Sports
- 8.4.1 Overview
- 8.4.2 Financials
- 8.4.3 Product Portfolio
- 8.4.4 Business Strategy
- 8.4.5 Recent Developments
- 8.5 KAWASAKI SPORTS CO. LTD.
- 8.5.1 Overview
- 8.5.2 Financials
- 8.5.3 Product Portfolio
- 8.5.4 Business Strategy
- 8.5.5 Recent Developments
- 8.6 ASHAWAY
- 8.6.1 Overview
- 8.6.2 Financials
- 8.6.3 Product Portfolio
- 8.6.4 Business Strategy
- 8.6.5 Recent Developments
- 8.7 Decathlon S.A.
- 8.7.1 Overview
- 8.7.2 Financials
- 8.7.3 Product Portfolio
- 8.7.4 Business Strategy
- 8.7.5 Recent Developments
- 8.8 Stiga Sports AB
- 8.8.1 Overview
- 8.8.2 Financials
- 8.8.3 Product Portfolio
- 8.8.4 Business Strategy
- 8.8.5 Recent Developments
- 8.9 Apacs Sports Sdn Bhd
- 8.9.1 Overview
- 8.9.2 Financials
- 8.9.3 Product Portfolio
- 8.9.4 Business Strategy
- 8.9.5 Recent Developments
- 8.10 Poona Badminton Company
- 8.10.1 Overview
- 8.10.2 Financials
- 8.10.3 Product Portfolio
- 8.10.4 Business Strategy
- 8.10.5 Recent Developments
- 8.11 Babolat
- 8.11.1 Overview
- 8.11.2 Financials
- 8.11.3 Product Portfolio
- 8.11.4 Business Strategy
- 8.11.5 Recent Developments
- 8.12 Karakal
- 8.12.1 Overview
- 8.12.2 Financials
- 8.12.3 Product Portfolio
- 8.12.4 Business Strategy
- 8.12.5 Recent Developments
- 8.13 Others.
- 8.13.1 Overview
- 8.13.2 Financials
- 8.13.3 Product Portfolio
- 8.13.4 Business Strategy
- 8.13.5 Recent Developments
- 8.1 Yonex Co. Ltd.
List Of Figures
Figures No 1 to 23
List Of Tables
Tables No 1 to 42
Report Methodology
In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:
Preliminary Data Mining
On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.
Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.
Statistical Model
Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.
Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.
Some of the variables taken into account for forecasting are as follows:
• Industry drivers and constraints, as well as their current and projected impact
• The raw material case, as well as supply-versus-price trends
• Current volume and projected volume growth through 2030
We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.
Primary Validation
This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.
Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.
All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:
• Market leaders
• Suppliers of raw materials
• Suppliers of raw materials
• Buyers.
The following are the primary research objectives:
• To ensure the accuracy and acceptability of our data.
• Gaining an understanding of the current market and future projections.
Data Collection Matrix
| Perspective | Primary research | Secondary research |
| Supply-side |
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| Demand-side |
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Market Analysis Matrix
| Qualitative analysis | Quantitative analysis |
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Prominent Player
- Yonex Co. Ltd.
- Victor Racket Industrial Corp.
- Li-Ning Company Limited
- Carlton Sports
- KAWASAKI SPORTS CO. LTD.
- ASHAWAY
- Decathlon S.A.
- Stiga Sports AB
- Apacs Sports Sdn Bhd
- Poona Badminton Company
- Babolat
- Karakal
- Others
FAQs
The key factors driving the Market are Growing Interest in Badminton, Competitive Badminton, Rising Health Awareness, School and College Programs, Product Innovations, Infrastructure Development, Marketing and Sponsorships, Global Sporting Events And Online Retail.
The “Rackets” category dominated the market in 2022.
The key players in the market are Yonex Co. Ltd., Victor Racket Industrial Corp., Li-Ning Company Limited, Carlton Sports, KAWASAKI SPORTS CO. LTD., ASHAWAY, Decathlon S.A., Stiga Sports AB, Apacs Sports Sdn Bhd, Poona Badminton Company, Babolat, Karakal, Others.
“North America” had the largest share in the Badminton Equipment and Facilities Market.
The global market is projected to grow at a CAGR of 7.8% during the forecast period, 2023-2032.
The Badminton Equipment and Facilities Market size was valued at USD 2.5 Billion in 2022.