How is the increased interest in sport driving the demand for badminton clothing? – The mail

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Award-winning consulting firm Fact.MR recently released the Global Badminton Apparel Market Research Report for the forecast period 2021-2031. According to the study, the market is poised to grow rapidly at a CAGR of around 11%, surpassing a revenue share of $ 30 billion by 2031. Manufacturers mainly depend on the growing popularity of badminton on the market. the main markets to pursue their gains.

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The study concludes that significant gains were accumulated in the past as previously untapped geographies gradually began to enter the global badminton space due to increased participation in national and international sporting events such as Olympic Games. This has enabled major apparel suppliers to sign sponsorship contracts with various government sports agencies and athletes to expand the reach of their products.

For example, in 2021, YONEX Co. Ltd. has entered into an 8-year partnership with the China Badminton Association (CBA), allowing the clothing supplier to become an official sponsor of the Chinese national badminton team. The contract will see domestic players compete and train with the company’s rackets, strings, shuttlecocks, clothing and shoes. Likewise, in 2019, Li-Ning entered into contractual agreements with famous sports figures across India to expand the reach of its products. He had already signed a multi-year agreement with the Indian Olympic Association for the 2016 Olympics.

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Key market segments covered

  • Product
    • Top Wear Badminton Clothing
      • Badminton jackets
      • Badminton bras
      • Badminton sweatshirts
      • Badminton tracksuits
      • Badminton t-shirts and t-shirts
    • Badminton clothing
      • Badminton pants and pants
      • Badminton shorts and tights
      • Badminton skirts
    • Badminton shoes
    • Other
  • Equipment
    • Badminton clothing made of natural fabric
    • Synthetic fabric badminton clothing
  • Distribution channel
    • Online badminton clothing sales
      • E-commerce sites
      • Company-owned websites
    • Offline Badminton Clothing Sales
      • Hypermarkets & Supermarkets
      • Specialty stores
      • Other retail stores

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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 Glamor Sdn. Bhd. (Yang Yang), Yehlex (UK) & Apacs (UK) and YONEX Co. Ltd are leading badminton clothing manufacturers featured by Fact.MR.

Read more trend reports and the like from Fact.MR – https://www.globenewswire.com/en/news-release/2018/02/21/1372495/0/en/5-Key-Future-Prospects-of-Baseball-Apparel-Market-for-Forecast-Period- 2017-2026.html

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