Thailand Racket Sports Equipment Market (2025-2031) Outlook | Value, Forecast, Industry, Size, Analysis, Growth, Revenue, Share, Companies & Trends

Market Forecast By Product (Rackets, Balls, Eyewear, Racket Bags, Shoes, Accessories), By Sport (Lawn Tennis, Table Tennis, Badminton, Squash), By Distribution Channel (Supermarkets/hypermarkets, Specialty Stores, Online Stores, Other) And Competitive Landscape
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 Racket Sports Equipment Market: Import Trend Analysis

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.

Racket Sports Equipment Market: Thailand vs Top 5 Major Economies in 2027 (Asia)


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.

Racket Sports Equipment Market: Thailand vs Top 5 Major Economies in 2027 (Asia)

Thailand Racket Sports Equipment Market Synopsis

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.

Drivers of the Market

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.

Challenges of the Market

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.

COVID-19 Impact on the Market

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.

Key Players in the Market

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.

Key Highlights of the Report:

  • Thailand Racket Sports Equipment Market Outlook
  • Market Size of Thailand Racket Sports Equipment Market, 2024
  • Forecast of Thailand Racket Sports Equipment Market, 2031
  • Historical Data and Forecast of Thailand Racket Sports Equipment Revenues & Volume for the Period 2021-2031
  • Thailand Racket Sports Equipment Market Trend Evolution
  • Thailand Racket Sports Equipment Market Drivers and Challenges
  • Thailand Racket Sports Equipment Price Trends
  • Thailand Racket Sports Equipment Porter's Five Forces
  • Thailand Racket Sports Equipment Industry Life Cycle
  • Historical Data and Forecast of Thailand Racket Sports Equipment Market Revenues & Volume By Product for the Period 2021-2031
  • Historical Data and Forecast of Thailand Racket Sports Equipment Market Revenues & Volume By Rackets for the Period 2021-2031
  • Historical Data and Forecast of Thailand Racket Sports Equipment Market Revenues & Volume By Balls for the Period 2021-2031
  • Historical Data and Forecast of Thailand Racket Sports Equipment Market Revenues & Volume By Eyewear for the Period 2021-2031
  • Historical Data and Forecast of Thailand Racket Sports Equipment Market Revenues & Volume By Racket Bags for the Period 2021-2031
  • Historical Data and Forecast of Thailand Racket Sports Equipment Market Revenues & Volume By Shoes for the Period 2021-2031
  • Historical Data and Forecast of Thailand Racket Sports Equipment Market Revenues & Volume By Accessories for the Period 2021-2031
  • Historical Data and Forecast of Thailand Racket Sports Equipment Market Revenues & Volume By Sport for the Period 2021-2031
  • Historical Data and Forecast of Thailand Racket Sports Equipment Market Revenues & Volume By Lawn Tennis for the Period 2021-2031
  • Historical Data and Forecast of Thailand Racket Sports Equipment Market Revenues & Volume By Table Tennis for the Period 2021-2031
  • Historical Data and Forecast of Thailand Racket Sports Equipment Market Revenues & Volume By Badminton for the Period 2021-2031
  • Historical Data and Forecast of Thailand Racket Sports Equipment Market Revenues & Volume By Squash for the Period 2021-2031
  • Historical Data and Forecast of Thailand Racket Sports Equipment Market Revenues & Volume By Distribution Channel for the Period 2021-2031
  • Historical Data and Forecast of Thailand Racket Sports Equipment Market Revenues & Volume By Supermarkets/hypermarkets for the Period 2021-2031
  • Historical Data and Forecast of Thailand Racket Sports Equipment Market Revenues & Volume By Specialty Stores for the Period 2021-2031
  • Historical Data and Forecast of Thailand Racket Sports Equipment Market Revenues & Volume By Online Stores for the Period 2021-2031
  • Historical Data and Forecast of Thailand Racket Sports Equipment Market Revenues & Volume By Other for the Period 2021-2031
  • Thailand Racket Sports Equipment Import Export Trade Statistics
  • Market Opportunity Assessment By Product
  • Market Opportunity Assessment By Sport
  • Market Opportunity Assessment By Distribution Channel
  • Thailand Racket Sports Equipment Top Companies Market Share
  • Thailand Racket Sports Equipment Competitive Benchmarking By Technical and Operational Parameters
  • Thailand Racket Sports Equipment Company Profiles
  • Thailand Racket Sports Equipment Key Strategic Recommendations

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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

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