| Product Code: ETC231925 | Publication Date: Aug 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Thailand import trend for racket sports equipment showed robust growth from 2023 to 2024, with a notable increase of 18.04%. The compound annual growth rate (CAGR) from 2020 to 2024 stood at 21.81%. This surge in imports could be attributed to a rising demand for high-quality sports equipment or shifts in consumer preferences towards racket sports, indicating a potential market expansion or increased participation in these sports during this period.
In the Asia region, the Racket Sports Equipment market in Thailand is projected to expand at a stable growth rate of 4.88% by 2027. The largest economy is China, followed by India, Japan, Australia and South Korea.

The Thailand Racket Sports Equipment Market covers a wide range of sports such as tennis, badminton, and squash. The market benefits from the popularity of these sports among both amateurs and professionals. Quality, technology, and brand reputation are key factors influencing purchasing decisions.
The Thailand Racket Sports Equipment market benefits from the country`s increasing interest in sports and fitness activities. Rising health awareness and participation in sports like badminton, tennis, and squash are driving the demand for rackets, strings, and related accessories. The popularity of these sports at both amateur and professional levels contributes to market growth.
Competition from other recreational activities and sports could limit the growth of this market, and there may be concerns about the affordability of high-quality equipment for aspiring athletes.
The Thailand Racket Sports Equipment market experienced fluctuations during the COVID-19 pandemic. Initially, there was a decline in sales as sports facilities and tournaments were canceled or restricted. However, as people sought outdoor and individual sports options for recreation and fitness, the market saw a resurgence in demand for racket sports equipment. Tennis, badminton, and squash gained popularity as these sports allowed for social distancing. The market is now in a recovery phase, with the potential for sustained growth as people continue to prioritize health and outdoor activities.
The Thailand Racket Sports Equipment market is diverse, covering sports like badminton, tennis, and squash. Yonex is a dominant player in the badminton segment, offering high-quality rackets, shuttlecocks, and accessories. Yonex has sponsored top Thai badminton players and played a pivotal role in developing the sport in the country. In tennis, Head is a well-established brand, known for its tennis rackets and balls, catering to both recreational players and professionals. These brands have contributed significantly to the growth and popularity of racket sports 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 Racket Sports Equipment Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Racket Sports Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Racket Sports Equipment Market - Industry Life Cycle |
3.4 Thailand Racket Sports Equipment Market - Porter's Five Forces |
3.5 Thailand Racket Sports Equipment Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Thailand Racket Sports Equipment Market Revenues & Volume Share, By Sport, 2021 & 2031F |
3.7 Thailand Racket Sports Equipment Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Thailand Racket Sports Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing popularity of racket sports in Thailand |
4.2.2 Growing participation in sports and fitness activities |
4.2.3 Rising disposable income levels leading to higher spending on recreational activities |
4.3 Market Restraints |
4.3.1 Competition from other sports equipment segments |
4.3.2 High import tariffs on sports equipment |
4.3.3 Seasonal demand fluctuations |
5 Thailand Racket Sports Equipment Market Trends |
6 Thailand Racket Sports Equipment Market, By Types |
6.1 Thailand Racket Sports Equipment Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Thailand Racket Sports Equipment Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 Thailand Racket Sports Equipment Market Revenues & Volume, By Rackets, 2021-2031F |
6.1.4 Thailand Racket Sports Equipment Market Revenues & Volume, By Balls, 2021-2031F |
6.1.5 Thailand Racket Sports Equipment Market Revenues & Volume, By Eyewear, 2021-2031F |
6.1.6 Thailand Racket Sports Equipment Market Revenues & Volume, By Racket Bags, 2021-2031F |
6.1.7 Thailand Racket Sports Equipment Market Revenues & Volume, By Shoes, 2021-2031F |
6.1.8 Thailand Racket Sports Equipment Market Revenues & Volume, By Accessories, 2021-2031F |
6.2 Thailand Racket Sports Equipment Market, By Sport |
6.2.1 Overview and Analysis |
6.2.2 Thailand Racket Sports Equipment Market Revenues & Volume, By Lawn Tennis, 2021-2031F |
6.2.3 Thailand Racket Sports Equipment Market Revenues & Volume, By Table Tennis, 2021-2031F |
6.2.4 Thailand Racket Sports Equipment Market Revenues & Volume, By Badminton, 2021-2031F |
6.2.5 Thailand Racket Sports Equipment Market Revenues & Volume, By Squash, 2021-2031F |
6.3 Thailand Racket Sports Equipment Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Thailand Racket Sports Equipment Market Revenues & Volume, By Supermarkets/hypermarkets, 2021-2031F |
6.3.3 Thailand Racket Sports Equipment Market Revenues & Volume, By Specialty Stores, 2021-2031F |
6.3.4 Thailand Racket Sports Equipment Market Revenues & Volume, By Online Stores, 2021-2031F |
6.3.5 Thailand Racket Sports Equipment Market Revenues & Volume, By Other, 2021-2031F |
7 Thailand Racket Sports Equipment Market Import-Export Trade Statistics |
7.1 Thailand Racket Sports Equipment Market Export to Major Countries |
7.2 Thailand Racket Sports Equipment Market Imports from Major Countries |
8 Thailand Racket Sports Equipment Market Key Performance Indicators |
8.1 Number of racket sports facilities in Thailand |
8.2 Participation rates in racket sports events and tournaments |
8.3 Consumer sentiment towards investing in sports equipment |
9 Thailand Racket Sports Equipment Market - Opportunity Assessment |
9.1 Thailand Racket Sports Equipment Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Thailand Racket Sports Equipment Market Opportunity Assessment, By Sport, 2021 & 2031F |
9.3 Thailand Racket Sports Equipment Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Thailand Racket Sports Equipment Market - Competitive Landscape |
10.1 Thailand Racket Sports Equipment Market Revenue Share, By Companies, 2024 |
10.2 Thailand Racket Sports Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |