Product Code: ETC086323 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Badminton Equipment Market in India is expected to witness strong growth over the forecast period due to increasing participation in the sport, rising disposable income of individuals, and increased availability of branded rackets. The increased demand for quality badminton equipment has led manufacturers to invest more on developing new products with advanced technologies. Furthermore, growing popularity of sports activities among Gen Z population and initiatives taken by government bodies such as Badminton Association Of India (BAI) are other factors driving the growth of India badminton equipment market.
The development of badminton equipment market in India is primarily driven by the rising participation of people at all levels, from recreational to professional. The growing popularity of sports such as badminton has led to an increase in demand for quality and performance-oriented sporting equipment. There are a number of factors responsible for this trend such as increasing disposable incomes, improved awareness about the health benefits associated with sports activities, increasing focus on physical fitness and healthy lifestyle among the India population. Furthermore, numerous renowned national and international brands have also entered the India market offering a wide range of products which further boosts consumer confidence when it comes to purchasing these items. Additionally, government initiatives like Khelo India scheme have also provided impetus to growth in this sector by encouraging more and more people towards taking up sports activities such as badminton.
However, lack of awareness about available technology & high cost associated with them coupled with limited presence of specialized stores may be major challenges that could impede the growth rate in upcoming years. Moreover, counterfeit products manufactured from local vendors also affects brand loyalty which further hampers overall market development.
Major players operating within this space include Yonex Co Ltd., Li-Ning Company Limited , Wilson Sporting Goods Co., Victor Sports Industries Pvt Ltd., Cosco (India) Limited , Apacs Badminton Manufacturing and others who keep introducing innovative products through their extensive distribution channels across country ensuring widest reach among customers alongwith providing competitive pricing strategies resulting into higher sales opportunities for these companies
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Badminton equipment Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Badminton equipment Market Revenues & Volume, 2021 & 2031F |
3.3 India Badminton equipment Market - Industry Life Cycle |
3.4 India Badminton equipment Market - Porter's Five Forces |
3.5 India Badminton equipment Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Badminton equipment Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 India Badminton equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Badminton equipment Market Trends |
6 India Badminton equipment Market, By Types |
6.1 India Badminton equipment Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Badminton equipment Market Revenues & Volume, By Type, 2018 - 2031F |
6.1.3 India Badminton equipment Market Revenues & Volume, By Badminton Racquet, 2018 - 2031F |
6.1.4 India Badminton equipment Market Revenues & Volume, By Shuttlecock, 2018 - 2031F |
6.1.5 India Badminton equipment Market Revenues & Volume, By Nets, 2018 - 2031F |
6.1.6 India Badminton equipment Market Revenues & Volume, By Others, 2018 - 2031F |
6.2 India Badminton equipment Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 India Badminton equipment Market Revenues & Volume, By Online, 2018 - 2031F |
6.2.3 India Badminton equipment Market Revenues & Volume, By Offline, 2018 - 2031F |
7 India Badminton equipment Market Import-Export Trade Statistics |
7.1 India Badminton equipment Market Export to Major Countries |
7.2 India Badminton equipment Market Imports from Major Countries |
8 India Badminton equipment Market Key Performance Indicators |
9 India Badminton equipment Market - Opportunity Assessment |
9.1 India Badminton equipment Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Badminton equipment Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 India Badminton equipment Market - Competitive Landscape |
10.1 India Badminton equipment Market Revenue Share, By Companies, 2024 |
10.2 India Badminton equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |