Report updated on 11th September, 2021: Global Tennis Strings Market By Product (Natural Gut Strings, Nylon Strings, Kevlar Strings, and Others), By Application (Trans Competition, Training And Entertainment), By Region and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2021-2030 (Includes Business Impact of COVID-19)
Trusted Business Insights has published a comprehensive market research report on, Global Tennis Strings Market by Product (Natural Gut Strings, Nylon Strings, Kevlar Strings, PET Strings and Man-made Gut Strings), By Application(Trans Competition, Training and Entertainment), and by Region -Global Forecast to 2030, which offers a holistic view of the global Tennis Strings market through systematic segmentation that covers every aspect of the target market.
The global Tennis Strings market is projected to be US$ 56.8 Mn in 2020 to reach US$ 81.9 Mn by 2030 at a CAGR of 3.7%.
Tennis strings are the strings, used for the manufacturing of tennis rackets. The variation in the strings depends upon the material used for the manufacturing of strings. Tennis strings are primarily of two materials, either synthetic or natural, depending upon the raw material sources. Global tennis strings market is expected to see decent growth in the forecast period owing to the increase in the number of tennis events worldwide and the promotion of sport by various governmental and non-governmental organizations. Also, the growth of cardio tennis and youth tennis is responsible for promoting tennis strings market growth.
Owing to the rising number of tennis competitions and events globally is the factor fueling the target market growth. Also, an increase in the number of tennis associations to promote sports and growing fascination towards leisure time sports and activities are aiding the growth rate. Another factor such as a rise in the disposable income, advancements in cardio tennis and youth tennis, an increase in disposable income, that promotes people to spend more on sports. Rising focus on extra-curricular activities in schools and colleges, increasing awareness for fitness and health consciousness among people is expected to promote the growth of global tennis strings market
Global Tennis Strings Market Revenue (US$ Mn), 2021 to 2030
However, Lesser adoption of the sport in the eastern world, as compared to the western world is expected to hamper the growth rate. The fewer number of tennis courts in some localities, and increasing fascination for indoor entertainment like laptops or smart phones is a major factor expected to hinder the growth of the target market.
Global Tennis Strings market is segmented on the basis on product, application and region. On the basis of product, the market is segmented into natural gut strings, nylon strings, kevlar strings, pet strings and man-made gut strings. The nylon strings segment accounts for the majority share in the global tennis strings market, while the natural gas is expected to register the highest growth rate over the forecast period. On the basis of application, the market is segmented into the trans competition, training and entertainment. The competition accounts for a majority share in the global tennis strings market.
Global Tennis Strings Market by application, 2018
On the basis of region, the market is segmented into the United States, China, Europe, Japan, Southeast Asia, India and Rest of the World. The United States accounts for the majority share in the global tennis strings market, followed by Europe owing to an increase in tennis events worldwide. Emerging economies, such as China and India, are expected to register the highest growth rate over the forecast period. Countries and regions such as Japan, Southeast Asia and the rest of the world are expected to register stable growth over the forecast period.
The research report on the global tennis strings market includes profiles of some of the major companies such as Babolat Vs S.A, Head B.V., Lexicon Industries, YONEX Co., Ltd., Amer Sports Corporation, Ashaway Line & Twine Mfg. Co, Sumitomo Rubber Industries, Ltd, Newell Brands Inc and other prominent key players.
Below are the active patents related to Tennis Strings Market.
Patent Number: US8231485B2
Dampening system for a stringed-racquet
Abstract
A method of changing vibration characteristics of a stringed racquet having strings includes providing an article of apparel with a mount thereon. The method also includes providing a slotted vibration dampener. Moreover, the method includes increasing dampening of the stringed raquet by moving the slotted vibration dampener from a first position to a second position. The slotted vibration dampener is removably attached to the mount in the first position. The slotted vibration dampener is removably attached to the strings of the stringed racquet in the second position. The method further includes decreasing dampening of the stringed raquet by moving the slotted vibration dampener from the second position to the first position.
Application File Date: 2011-10-27
Application Granted Date: 2012-07-31
Current Assignee: Nike Inc
Patent Number: US10327514B2
Eyelet for article of footwear
Abstract
An eyelet for an article of footwear includes an eyelet body configured to slidably couple a first string to a second string. The eyelet body defines a first arc-shaped aperture and an opposing, second arc-shaped aperture. The first arc-shaped aperture is configured to slidably receive the first string, and the second arc-shaped aperture is configured to slidably receive the second string. The eyelet may be disposed over (but not necessarily attached to) an upper of an article of footwear.
Application File Date: 2015-11-18
Application Granted Date: 2019-06-25
Current Assignee: Nike Inc
Patent Number: US9474326B2
Footwear having auxetic structures with controlled properties
Abstract
An article of footwear includes a sole incorporating an auxetic structure. The article of footwear further includes a strobel that may be placed along the auxetic structure of the sole. The strobel may restrict the motion of the auxetic structure in particular locations. The strobel may be used to provide rigidity and support in the area of the strobel.
Application File Date: 2014-07-11
Application Granted Date: 2016-10-25
Current Assignee: Nike Inc
Key Market Segments:
By Product Type:
- Natural Gut Strings
- Nylon Strings
- Kevlar Strings
- PET Strings
- Manmade Gut Strings
By Application:
- Competition
- Training
- Entertainment
Distribution channel types
Key Market Players included in the report:
- Amer Sports Corporation
- Ashaway Line & Twine Mfg. Co
- Babolat Vs S.A
- Dunlop
- Head B.V.
- Kirschbaum
- Laserfibre
- Lexicon Industries
- Luxilon
- MSV
- Newell Brands Inc
- Prince
- Signum Pro
- Sumitomo Rubber Industries Ltd
- TAAN
- Tecnifibre
- Volkl
- Weiss Cannon
- Wilson
- YONEX Co.Ltd.