Product Code: ETC086324 | Publication Date: Jun 2021 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The badminton equipment industry in Thailand was valued at approximately US$46 million in 2025 and growing at a CAGR of about 4.4% over the forecast period. Rising focus on sports activities coupled with strategic measures taken by badminton associations are some major factors contributing towards this growth. Furthermore, leading players such as Yonex Corporation offering quality badminton equipment for professional players are likely drive sales within this particular sector during thr projected timeline.
The Thailand badminton equipment market has witnessed steady growth due to the sport`s popularity and increasing participation. As a result, demand for badminton rackets, shuttlecocks, shoes, and other accessories has risen. The country`s active badminton community, coupled with professional tournaments and events, has been a driving force behind the market`s expansion. Local and international brands such as Yonex, Li-Ning, and Victor have contributed to the market`s development by offering a wide range of high-quality equipment to cater to players of all skill levels.
The Thailand badminton equipment market faces several challenges that impact its growth. One challenge is the competition from low-cost manufacturers in other countries, which can lead to pricing pressures. Additionally, the market`s growth can be hindered by the limited awareness and promotion of badminton as a sport, especially in comparison to other sports like soccer or basketball. Ensuring consistent quality and authenticity of equipment can also be a challenge, as counterfeit products can infiltrate the market. Furthermore, economic fluctuations and consumer spending patterns can affect the overall demand for high-quality badminton equipment.
The badminton equipment market in Thailand has witnessed fluctuations due to the impact of the COVID-19 pandemic. Lockdowns and restrictions led to the temporary closure of sports facilities and reduced recreational activities, affecting the demand for badminton equipment. Key players in the market, such as Yonex and Victor, faced supply chain disruptions and decreased consumer spending. However, as restrictions eased, the market showed signs of recovery, with enthusiasts returning to the sport. The market`s rebound was also supported by the increasing popularity of home-based fitness and recreational activities during the pandemic.
In the badminton equipment market in Thailand, well-known brands like Yonex, Victor, and Li-Ning have a significant presence. These brands offer a wide range of badminton rackets, shuttlecocks, apparel, and accessories, catering to both recreational players and professionals. Their reputation for quality and innovation makes them preferred choices for badminton enthusiasts in Thailand.
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 Thailand Badminton equipment Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Badminton equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Badminton equipment Market - Industry Life Cycle |
3.4 Thailand Badminton equipment Market - Porter's Five Forces |
3.5 Thailand Badminton equipment Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Thailand Badminton equipment Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Thailand Badminton equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Badminton equipment Market Trends |
6 Thailand Badminton equipment Market, By Types |
6.1 Thailand Badminton equipment Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Badminton equipment Market Revenues & Volume, By Type, 2018 - 2031F |
6.1.3 Thailand Badminton equipment Market Revenues & Volume, By Badminton Racquet, 2018 - 2031F |
6.1.4 Thailand Badminton equipment Market Revenues & Volume, By Shuttlecock, 2018 - 2031F |
6.1.5 Thailand Badminton equipment Market Revenues & Volume, By Nets, 2018 - 2031F |
6.1.6 Thailand Badminton equipment Market Revenues & Volume, By Others, 2018 - 2031F |
6.2 Thailand Badminton equipment Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Thailand Badminton equipment Market Revenues & Volume, By Online, 2018 - 2031F |
6.2.3 Thailand Badminton equipment Market Revenues & Volume, By Offline, 2018 - 2031F |
7 Thailand Badminton equipment Market Import-Export Trade Statistics |
7.1 Thailand Badminton equipment Market Export to Major Countries |
7.2 Thailand Badminton equipment Market Imports from Major Countries |
8 Thailand Badminton equipment Market Key Performance Indicators |
9 Thailand Badminton equipment Market - Opportunity Assessment |
9.1 Thailand Badminton equipment Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Thailand Badminton equipment Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Thailand Badminton equipment Market - Competitive Landscape |
10.1 Thailand Badminton equipment Market Revenue Share, By Companies, 2024 |
10.2 Thailand Badminton equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |