Tennis Shoes Market Size, Share, and Trends Analysis Report, By Playing Surface (Hard Court Tennis Shoes, Clay Court Tennis Shoes, and Grass Court Tennis Shoes), By User (Men, Women, and Kids), and By Distribution Channel (Supermarket/Hypermarket, Specialty Stores, E-Commerce, and Others) Forecast Period (2022-2028)

The global tennis shoe market is anticipated to grow at a CAGR of 2.5 % during the forecast period (2022-2028). Tennis shoes are special shoes designed for playing tennis on a variety of surfaces, including grass, clay, and concrete. These shoes provide lateral support and make side-to-side movement easier for athletes. Tennis shoes are available in a number of styles, depending on the court surface, which is expected to propel the growth of the market during the forecast period. For instance, Clay tennis shoes are designed to be used on clay courts only, and hard tennis shoes are designed to be used on hard courts only. As a result, the playing surfaces have a direct impact on the demand for various tennis shoes on the market.

The global tennis shoe market continues to develop as a result of government initiatives to boost tennis participation during the forecast period. In 2019, the International Federation of Tennis (ITF), Grand Slam Development Fund (GSDF), Olympic Solidarity, International Tennis Hall of Fame, and Kazakhstan Tennis Federation contributed a total of $11.3 million to the development and growth of tennis, additionally, an increase in the number of players. Tennis tournaments are additionally, organized by schools and colleges in several countries to encourage children to participate in tennis. The worldwide tennis shoe market is expected to rise as a result of these attempts to enhance tennis participation rates.

On the basis of users, the women segment is expected to hold a significant share in the market, owing to government programs that had boosted women’s participation substantially in recent years. For instance, the Australian government proposed a budget of $12 million for the years 2019 to 2020 to promote tennis participation and provide more chances for women. As a result, the women’s market is predicted to increase at a considerable rate in the forecast period.

According to the global tennis shoe market data, The North American region is expected to hold a prominent share in the market during the forecast period followed by Europe.  Due to the high disposable income, increased engagement in tennis, and increased demand for tennis shoes in the region during the forecast period. However, due to the presence of a large population, Asia-Pacific is predicted to be the fastest-growing region during the forecast period. According to the International Tennis Federation (ITF), Asia accounted for roughly 37.9% of the global tennis population in 2019, or over 33 million people.

Some major players in the market include Adidas AG, Asics Corp., Babolat, Fila Holdings Corp., and Nike, Inc., among others. The market players are additionally, contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, in order to stay competitive in the market. For instance, In April 2022, Roger Federer announced the release of The Roger Pro, his first tennis shoe, which he co-designed with On Running, a Swiss company.

Market Coverage

 

• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
  • By Playing Surface
  • By User
  • By Distribution Channel
• Regions Covered-
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

 

Competitive Landscape- Adidas AG, Asics Corp., Babolat, Fila Holdings Corp., and Nike, Inc., among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
  • Deviation from the pre-COVID-19 forecast
  • Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Tennis Shoes Market Report by Segment

By Playing Surface

• Hard Court Tennis Shoes
• Clay Court Tennis Shoes
• Grass Court Tennis Shoes

By User

• Men
• Women
• Kids

By Distribution Channel

• Supermarket/Hypermarket
• Specialty Stores
• E-Commerce
• Others

Global Tennis Shoes Market Report by Region

North America

• United States
• Canada

Europe

• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe

Asia-Pacific

• China
• India
• Japan
• Rest of Asia-Pacific

Rest of the World

• Latin America
• Middle East & Africa