Global Shuttlecock Market Size By Type (Feather Shuttlecocks, Nylon Shuttlecocks), By Application (Professional, Amateur), By Geographic Scope And Forecast
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationShuttlecock Market Size And Forecast
Shuttlecock Market size was valued at USD 666.13 Million in 2024 and is projected to reach USD 1015.34 Million by 2031, growing at a CAGR of 5.41% from 2024 to 2031.
The Shuttlecock Market has noticed a tremendous increase in the last few years due to the increasing popularity of badminton as a sport and the growing demand for Shuttlecock from professional and amateur players. The report thoroughly analyzes critical segments, restraints, drivers, trends, competitive landscape, and factors that play an essential role in the market. The Global Shuttlecock Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Shuttlecock Market Drivers
The market drivers for the Shuttlecock Market can be influenced by various factors. These may include
- Growing Interest in BadmintonGlobally, badminton is becoming more and more popular, especially in nations where it is a major sport, such China, India, and Malaysia. Shuttlecock demand is driven by the sport’s growing popularity among amateurs and professionals alike.
- Enhanced Engagement in Athletics There is a global trend towards increased engagement in physical activity and sports, which is being fueled by government efforts that support sports and growing health consciousness. Participation in sports has increased, which has increased demand for sporting goods like shuttlecocks.
- Technological ProgressPlayers and organisations are drawn to innovations in shuttlecock manufacture, such as the use of cutting-edge materials and designs that enhance performance and longevity. Better playability and durability in high-quality shuttlecocks can draw in more customers.
- Development of Academies and Clubs for BadmintonThe market is greatly impacted by the founding and growth of badminton clubs and training academies. Because these organisations need a constant supply of shuttlecocks for practice and competition, there is a constant need.
- Expert Competitions and PartnershipsInternational badminton competitions and events boost the game’s popularity and attract additional players. Professional players’ sponsorships and recommendations aid in the popularisation of particular shuttlecock brands, increasing sales. \
- E-commerce as well as online shoppingThe emergence of e-commerce platforms has simplified the shuttlecock purchase process for customers. Online commerce broadens the market reach by providing convenience, diversity, and competitive pricing.
- Governmental Proposals and AssistanceSports are being promoted by numerous governments through a variety of programmes, funding, and infrastructural development. By encouraging more people to play sports like badminton, such assistance indirectly raises the market for shuttlecocks.
- Expanding Economy and Rising Spending PowerConsumers might spend more on sports equipment and leisure activities when disposable income rises in areas that are seeing economic expansion. The shuttlecock market is positively impacted by this trend.
- College and School Athletic ProgrammesThe inclusion of badminton in college and high school athletic programmes guarantees a consistent market for shuttlecocks since these establishments buy equipment for their athletic events on a regular basis.
- Modern Lifestyle and UrbanisationSports teams and other organised leisure spaces are frequently more prevalent in urban areas. Badminton and other sports are growing in popularity because of a modern lifestyle that prioritises physical fitness and leisure time activities.
What's inside a
industry report?
Our reports include actionable data and forward-looking analysis that help you craft pitches, create business plans, build presentations and write proposals.
What's inside a
industry report?
Our reports include actionable data and forward-looking analysis that help you craft pitches, create business plans, build presentations and write proposals.
Global Shuttlecock Market Restraints
Several factors can act as restraints or challenges for the Shuttlecock Market. These may include
- Growing Interest in Badminton Globally, badminton is becoming more and more popular, especially in nations where it is a major sport, such China, India, and Malaysia. Shuttlecock demand is driven by the sport’s growing popularity among amateurs and professionals alike.
- Enhanced Engagement in Athletics There is a global trend towards increased engagement in physical activity and sports, which is being fueled by government efforts that support sports and growing health consciousness. Participation in sports has increased, which has increased demand for sporting goods like shuttlecocks.
- Technological Progress Players and organisations are drawn to innovations in shuttlecock manufacture, such as the use of cutting-edge materials and designs that enhance performance and longevity. Better playability and durability in high-quality shuttlecocks can draw in more customers.
- Development of Academies and Clubs for Badminton The market is greatly impacted by the founding and growth of badminton clubs and training academies. Because these organisations need a constant supply of shuttlecocks for practice and competition, there is a constant need.
- Expert Competitions and Partnerships International badminton competitions and events boost the game’s popularity and attract additional players. Professional players’ sponsorships and recommendations aid in the popularisation of particular shuttlecock brands, increasing sales.
- E-commerce as well as online shopping The emergence of e-commerce platforms has simplified the shuttlecock purchase process for customers. Online commerce broadens the market reach by providing convenience, diversity, and competitive pricing.
- Governmental Proposals and Assistance Sports are being promoted by numerous governments through a variety of programmes, funding, and infrastructural development. By encouraging more people to play sports like badminton, such assistance indirectly raises the market for shuttlecocks.
- Expanding Economy and Rising Spending Power Consumers might spend more on sports equipment and leisure activities when disposable income rises in areas that are seeing economic expansion. The shuttlecock market is positively impacted by this trend.
- College and School Athletic Programmes The inclusion of badminton in college and high school athletic programmes guarantees a consistent market for shuttlecocks since these establishments buy equipment for their athletic events on a regular basis.
- Modern Lifestyle and Urbanisation Sports teams and other organised leisure spaces are frequently more prevalent in urban areas. Badminton and other sports are growing in popularity because of a modern lifestyle that prioritises physical fitness and leisure time activities.
Market Attractiveness
The image of market attractiveness provided would further help to get information about the region that is majorly leading in The Shuttlecock Market. We cover the major impacting factors that are responsible for driving the industry growth in the given region.
Porter’s Five Forces
The image provided would further help to get information about Porter’s five forces framework providing a blueprint for understanding the behavior of competitors and a player’s strategic positioning in the respective industry. Porter’s five forces model can be used to assess the competitive landscape in Global Shuttlecock Market gauge the attractiveness of a certain sector, and assess investment possibilities.
Global Shuttlecock Market Segmentation Analysis
The Global Shuttlecock Market is Segmented on the Basis of Type, Application, And Geography.
Shuttlecock Market, By Type
- Feather Shuttlecocks
- Nylon Shuttlecocks
Based on the Type, the market is split into Feather Shuttlecock and Nylon Shuttlecock. The Feather Shuttlecock segment accounted for the largest revenue share in 2021. A Shuttlecock is a high-drag projectile utilized in the sport of badminton. It consists of a small cork base in the shape of a cone with about 16 overlapping feathers. The Shuttlecock’s aerodynamic design causes it to fly differently than other projectiles. Its high drag coefficient makes it decelerate rapidly in flight. Shuttlecock are manufactured with a synthetic rubber or plastic skirt and natural feathers for the cork base.
Shuttlecock Market, By Application
- Professional
- Amateur
Based on the Application, the market is split into Professional and Amateur. The Professional segment accounted for a significant revenue stake in the Shuttlecock Market in 2021. The use of shuttlecocks in professional badminton events has increased in the current years. This is because shuttlecocks offer several benefits over traditional badminton balls. Shuttlecocks are more aerodynamic and thus provide faster gameplay.
Shuttlecock Market, By Geography
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Okay, let's dive into the Regional Analysis! When we check out the Shuttlecock Market, it's basically split into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. We think North America's going to be the real star over the next few years, mostly because of the US and Canada. Badminton's just exploding in popularity – everyone's playing! And with all these tournaments showing up, it's giving the market a serious kick. Basically, badminton's hot right now, and all these tournaments popping up are really fueling market growth in the US.
Key Players
The “Global Shuttlecock Market” study report will provide a valuable insight with an emphasis on the global market. The major players in the market are YONEX, VICTOR, RSL, KAWASAKI, Lining, SOTX Sports Equipment, Shanghai Badminton Factory, DHS, Yehlex, Carlton, GOSEN, YODIMAN, HANGYU, BABOLAT, and kumpoo.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the players mentioned above globally.
Ace Matrix Analysis
The Ace Matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of services, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators.
Report Scope
REPORT ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2021-2031 |
BASE YEAR | 2024 |
FORECAST PERIOD | 2024-2031 |
HISTORICAL PERIOD | 2021-2023 |
UNIT | Value (USD Million) |
KEY COMPANIES PROFILED | YONEX, VICTOR, RSL, KAWASAKI, Lining, SOTX Sports Equipment, Shanghai Badminton Factory, DHS, Yehlex, Carlton, GOSEN, YODIMAN, HANGYU, BABOLAT, and Kumpoo. |
SEGMENTS COVERED |
|
CUSTOMIZATION SCOPE | Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope |
Research Methodology of Market Research
To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our .
Reasons to Purchase this Report
We’re going to explore the market, not just with cold, hard numbers, but also by understanding the people who use the product. For each customer group, you'll see the market value (in USD Billion!) – pretty cool, right? We’ll also spotlight the region and segment we think are poised for the biggest and fastest growth. Consider this your forecast! We'll analyze each region to see what makes them tick and how much they're using. And to give you the full picture, we’ll map out the competitive landscape, ranking the key players and their recent moveslaunches, partnerships, expansions, and acquisitions from the past five years. You'll find detailed company profiles with overviews, insights, product comparisons, and even SWOT analyses for the big guys. We’re giving you the inside scoop on where the industry is now and where it's heading, covering growth opportunities, drivers, and challenges in both the hot new markets and the tried-and-true ones. We'll use Porter's five forces and Value Chain analysis to really get under the hood of the market. We’ll lay out the market dynamics and growth possibilities for what's to come. Oh, and the best part? You get 6 months of analyst support after you make your purchase.
Customization of the Report
• In case of any please connect with our sales team, who will ensure that your requirements are met.
Related Reports
- Veterinary Pain Management Market By Product (Drugs and Devices), Application (Osteoarthritis and Joint Pain, Postoperat...
- Global Large Volume Wearable Injectors Market Size By Product Type, By Application, By Technology, By Geographic Scope A...
- Cyanate Ester Resins Market By Type (Monofunctional, Bifunctional, Multifunctional), Application (Aerospace And Defense,...
- Global Diamond Coatings Market Size By Type (Chemical Vapor Deposition (CVD), Physical Vapor Deposition (PVD), Combustio...
- Global Elastic Adhesive Market Size By Type (Polyurethane, Silicone), By Application (Building & Construction, Industria...
- Global Elastomeric Sealants Market Size By Type (Silicone, Polysulfide (PS)), By End-Use Industry (Construction, Automot...
Table of Content
To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )
List Tables Figures
To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )
FAQ'S
For a single, multi and corporate client license, the report will be available in PDF format. Sample report would be given you in excel format. For more questions please contact:
Within 24 to 48 hrs.
You can contact Sales team (sales@marketinsightsresearch.com) and they will direct you on email
You can order a report by selecting payment methods, which is bank wire or online payment through any Debit/Credit card, Razor pay or PayPal.
Discounts are available.
Hard Copy