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 Download Sample Ask for Discount Request Customization

Global Shuttlecock Market Size By Type (Feather Shuttlecocks, Nylon Shuttlecocks), By Application (Professional, Amateur), By Geographic Scope And Forecast

Shuttlecock 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.

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

Based on the Regional Analysis, The Shuttlecock Market is classified into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. During the prediction time, the North American region is expected to maintain a major stake in the Global Shuttlecock Market due to its major contributing areas US and Canada. The growing popularity of badminton as a sport, along with the increasing number of tournaments being organized in the area, is one of the major factors driving the market growth in North America. The growing popularity of badminton as a sport, along with the increasing number of tournaments being organized in the region, is one of the primary factors driving the 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 ATTRIBUTESDETAILS
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
  • By Type
  • By Application
  • By Geography
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

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

Customization of the Report

• In case of any please connect with our sales team, who will ensure that your requirements are met.

<h2 class="text-left -co

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:

sales@marketinsightsresearch.com

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.