| Product Code: ETC4779266 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Hong Kong continued to see a high concentration of squash rackets imports, with top exporters being China, Myanmar, Brazil, Indonesia, and Taiwan. Despite the challenging market conditions, the industry experienced a sharp decline with a CAGR of -36.16% from 2020 to 2024. The growth rate in 2024 further decreased by -8.12%. This data suggests a challenging environment for squash racket imports in Hong Kong, indicating a need for strategic planning and market diversification strategies for stakeholders in the industry.

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 Hong Kong Squash rackets Market Overview |
3.1 Hong Kong Country Macro Economic Indicators |
3.2 Hong Kong Squash rackets Market Revenues & Volume, 2021 & 2031F |
3.3 Hong Kong Squash rackets Market - Industry Life Cycle |
3.4 Hong Kong Squash rackets Market - Porter's Five Forces |
3.5 Hong Kong Squash rackets Market Revenues & Volume Share, By Raw Material, 2021 & 2031F |
3.6 Hong Kong Squash rackets Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Hong Kong Squash rackets Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing popularity of squash as a recreational and competitive sport in Hong Kong |
4.2.2 Growing awareness about the health benefits of playing squash, leading to a rise in participation rates |
4.2.3 Introduction of innovative squash racket technologies and materials, enhancing player performance |
4.3 Market Restraints |
4.3.1 Limited availability of squash courts and facilities in Hong Kong, restricting access for potential players |
4.3.2 High cost associated with purchasing quality squash rackets and gear, deterring entry for some individuals |
5 Hong Kong Squash rackets Market Trends |
6 Hong Kong Squash rackets Market Segmentations |
6.1 Hong Kong Squash rackets Market, By Raw Material |
6.1.1 Overview and Analysis |
6.1.2 Hong Kong Squash rackets Market Revenues & Volume, By Carbon Fiber, 2021-2031F |
6.1.3 Hong Kong Squash rackets Market Revenues & Volume, By Aluminum, 2021-2031F |
6.1.4 Hong Kong Squash rackets Market Revenues & Volume, By Others, 2021-2031F |
6.2 Hong Kong Squash rackets Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Hong Kong Squash rackets Market Revenues & Volume, By Brick & Mortar, 2021-2031F |
6.2.3 Hong Kong Squash rackets Market Revenues & Volume, By Online, 2021-2031F |
7 Hong Kong Squash rackets Market Import-Export Trade Statistics |
7.1 Hong Kong Squash rackets Market Export to Major Countries |
7.2 Hong Kong Squash rackets Market Imports from Major Countries |
8 Hong Kong Squash rackets Market Key Performance Indicators |
8.1 Average number of new squash court constructions per year in Hong Kong |
8.2 Percentage increase in squash tournament participation rates annually |
8.3 Adoption rate of new squash racket technologies by players in Hong Kong |
9 Hong Kong Squash rackets Market - Opportunity Assessment |
9.1 Hong Kong Squash rackets Market Opportunity Assessment, By Raw Material, 2021 & 2031F |
9.2 Hong Kong Squash rackets Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Hong Kong Squash rackets Market - Competitive Landscape |
10.1 Hong Kong Squash rackets Market Revenue Share, By Companies, 2024 |
10.2 Hong Kong Squash rackets Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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