| Product Code: ETC232705 | Publication Date: Aug 2022 | Updated Date: Mar 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Thailand sports composites market witnessed a significant decline in imports from 2020 to 2024, with a compound annual growth rate (CAGR) of -88.46%. This sharp decrease could be attributed to shifting demand patterns, market saturation, or changes in consumer preferences impacting trade performance.

The Thailand sports composites market covers a wide range of products made from composite materials, including carbon fiber and fiberglass. These materials are known for their lightweight and durable properties, making them ideal for various sports equipment such as tennis rackets, golf clubs, and bicycle frames. The market is driven by advancements in composite technology and the demand for high-performance sports gear.
The Thailand Sports Composites Market is propelled by the desire for lightweight and high-performance sports equipment. Composites are used to make various sporting goods, including tennis rackets, golf clubs, and bicycle frames. As athletes and enthusiasts seek to enhance their performance, the demand for sports equipment made from advanced composite materials has grown. Additionally, the durability and strength-to-weight ratio of composites make them an attractive choice for sports equipment manufacturers.
In the Thailand Sports Composites market, challenges include the high cost of manufacturing composites, limited awareness of the benefits of composites in sports equipment, and the need for continuous innovation to keep up with changing sports trends and materials.
The sports composites market saw variations in demand during the pandemic. While the production and supply chain disruptions affected the availability of composites for sports equipment manufacturing, some segments like golf club shafts and tennis racquets experienced strong demand as people turned to individual sports with social distancing in mind.
The Thailand Sports Composites market is characterized by key players that specialize in advanced composite materials used in sports equipment. One of the dominant players in this market is "Hexcel Corporation", a global leader in composite technologies. Hexcel`s innovative materials find applications in various sports equipment, including tennis rackets, golf clubs, and hockey sticks, enhancing performance and durability. Another influential player is "Teijin Limited", renowned for its lightweight and high-strength composite materials. Their products contribute to the development of sports equipment that offers superior strength-to-weight ratios, making them ideal for activities such as cycling and snowboarding. "Toray Industries" is also a significant player, known for its carbon fiber composites that enhance the performance of sports equipment like bicycles and tennis rackets. These leading players are driving advancements in sports composites, revolutionizing the industry with their cutting-edge materials.
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 Sports Composites Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Sports Composites Market Revenues & Volume, 2022 & 2032F |
3.3 Thailand Sports Composites Market - Industry Life Cycle |
3.4 Thailand Sports Composites Market - Porter's Five Forces |
3.5 Thailand Sports Composites Market Revenues & Volume Share, By Resin, 2022 & 2032F |
3.6 Thailand Sports Composites Market Revenues & Volume Share, By Fiber, 2022 & 2032F |
3.7 Thailand Sports Composites Market Revenues & Volume Share, By Application, 2022 & 2032F |
4 Thailand Sports Composites Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and high-performance sports equipment |
4.2.2 Growing awareness about the benefits of using composites in sports applications |
4.2.3 Rising disposable income leading to higher spending on sports and fitness activities |
4.3 Market Restraints |
4.3.1 High initial costs associated with sports composites materials |
4.3.2 Limited availability of skilled labor for manufacturing sports composites products |
4.3.3 Stringent regulations related to the use of certain composite materials in sports equipment |
5 Thailand Sports Composites Market Trends |
6 Thailand Sports Composites Market, By Types |
6.1 Thailand Sports Composites Market, By Resin |
6.1.1 Overview and Analysis |
6.1.2 Thailand Sports Composites Market Revenues & Volume, By Resin, 2022-2032F |
6.1.3 Thailand Sports Composites Market Revenues & Volume, By Epoxy Resin-based Sports Composites, 2022-2032F |
6.1.4 Thailand Sports Composites Market Revenues & Volume, By Polyamide Resin-based Sports Composites, 2022-2032F |
6.1.5 Thailand Sports Composites Market Revenues & Volume, By Polyurethane Resin-based Sports Composites, 2022-2032F |
6.1.6 Thailand Sports Composites Market Revenues & Volume, By Polypropylene Resin-based Sports Composites, 2022-2032F |
6.2 Thailand Sports Composites Market, By Fiber |
6.2.1 Overview and Analysis |
6.2.2 Thailand Sports Composites Market Revenues & Volume, By Carbon Fiber Sports Composites, 2022-2032F |
6.2.3 Thailand Sports Composites Market Revenues & Volume, By Glass Fiber Sports Composites, 2022-2032F |
6.3 Thailand Sports Composites Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Thailand Sports Composites Market Revenues & Volume, By Sports Composites for Golf Sticks, 2022-2032F |
6.3.3 Thailand Sports Composites Market Revenues & Volume, By Sports Composites for Rackets, 2022-2032F |
6.3.4 Thailand Sports Composites Market Revenues & Volume, By Sports Composites for Bicycle Frames, 2022-2032F |
6.3.5 Thailand Sports Composites Market Revenues & Volume, By Sports Composites for Hockey Sticks, 2022-2032F |
6.3.6 Thailand Sports Composites Market Revenues & Volume, By Sports Composites for Skis, Snowboards, and Kayaks, 2022-2032F |
7 Thailand Sports Composites Market Import-Export Trade Statistics |
7.1 Thailand Sports Composites Market Export to Major Countries |
7.2 Thailand Sports Composites Market Imports from Major Countries |
8 Thailand Sports Composites Market Key Performance Indicators |
8.1 Research and development investment in sports composites materials |
8.2 Number of patents filed for innovative sports composites technologies |
8.3 Adoption rate of sports composites materials in new sports equipment designs |
9 Thailand Sports Composites Market - Opportunity Assessment |
9.1 Thailand Sports Composites Market Opportunity Assessment, By Resin, 2022 & 2032F |
9.2 Thailand Sports Composites Market Opportunity Assessment, By Fiber, 2022 & 2032F |
9.3 Thailand Sports Composites Market Opportunity Assessment, By Application, 2022 & 2032F |
10 Thailand Sports Composites Market - Competitive Landscape |
10.1 Thailand Sports Composites Market Revenue Share, By Companies, 2025 |
10.2 Thailand Sports Composites 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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