Sales of Badminton Apparel Market to Surpass a Revenue Share of US$ 30 Billion by 2031 Award-winning consulting firm Fact.MR recently published the market survey of badminton apparel market research report for the forecast period 2021-2031. According to the study, the market is poised to expand rapidly at around 11% CAGR, surpassing a revenue share of US$ 30 billion by 2031. Manufacturers are majorly reliant on surging badminton popularity across prominent markets to further their gains. The study concludes that significant gains were accrued in the past, as previously untapped geographies gradually began entering the global badminton space by virtue of enhanced participation in national and international sporting events such as the Olympics. This has enabled key apparel providers to sign sponsorship contracts with various governmental sports agencies and sportspersons to expand their product outreach. For detailed insights on enhancing your product footprint, request for a sample here – https://www.factmr.com/connectus/sample?flag=S&rep_id=5893 For instance, in 2021, YONEX Co. Ltd. entered into an 8-year long partnership with the China Badminton Association (CBA), enabling the apparel provider to become an official sponsor for the Chinese national badminton team. The contract will see national players competing and training with the company’s racquets, strings, shuttle cocks, apparel and shoes. Similarly, in 2019, Li-Ning entered into contractual agreements with famous sports personalities across India to expand its product outreach. It had already signed a multi-year deal with the Indian Olympics Association for the 2016 Olympics games. Key Trends of Badminton Apparel Market
By product, top wear badminton wear to capture the lion’s share of the market through 2031 By material, natural fiber badminton apparel sales are likely to uptick, amid increasing environmental consciousness e-Commerce badminton apparel sales are witnessing sharp incline, especially in the aftermath of the COVID-19 pandemic Gradually surging badminton popularity to stimulate apparel sales in the US
For critical insights on this market, request for methodology here – https://www.factmr.com/connectus/sample?flag=RM&rep_id=5893
China Badminton Apparel Market to be the most lucrative market, attributed to its dominant position in badminton participation The U.K. to emerge as an attractive badminton apparel market in the European region
Key Market Segments Covered
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
For in-depth competitive analysis, buy now – https://www.factmr.com/checkout/5893
Material
Badminton Apparel Made from Natural Fabric Badminton Apparel Made from Synthetic Fabric
Competitive Landscape Absolute Protech Sports (M) Sdn. Bhd., Babolat, FELET International Holdings Sdn. Bhd., FZ Forza, Li-Ning Company Limited, RSL International, Victor Rackets Industrial Corporation, Ruby Glamour Sdn. Bhd. (Yang Yang), Yehlex (UK) & Apacs (UK), and YONEX Co. Ltd are some prominent badminton apparel manufactures profiled by Fact.MR. Read More Trending and Similar Reports from Fact.MR – https://www.globenewswire.com/en/newsrelease/2019/06/11/1866892/0/en/Growing-Sportfishing-and-Angling-Popularity-Likely-to-Drive-GlobalFishing-Rods-Sales-to-Over-12-Million-by-2020-finds-Fact-MR-Study.html About Us: Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner. Contact: US Sales Office: 11140 Rockville Pike Suite 400 Rockville, MD 20852 United States Tel: +1 (628) 251-1583 Corporate Headquarter: Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A, Jumeirah Lakes Towers, Dubai, United Arab Emirates Email: sales@factmr.com Visit Our Website: https://www.factmr.com