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

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: ETC231930 Publication Date: Aug 2022 Updated Date: Aug 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Ravi Bhandari No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

Vietnam Racket Sports Equipment Market Size Growth Rate


The Vietnam Racket Sports Equipment Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 13.04% in 2028, following an initial rate of 11.02%, before easing to 12.12% at the end of the period.

Vietnam Racket Sports Equipment Market Growth Rate

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


Vietnam's Racket Sports Equipment market is anticipated to experience a high growth rate of 12.81% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.

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

Vietnam Racket Sports Equipment Market Synopsis

The Vietnam racket sports equipment market encompasses a wide range of sports, including tennis, badminton, and squash. It serves both recreational and competitive players, providing a variety of rackets, strings, and accessories. As interest in racket sports continues to grow among the population, the market for racket sports equipment is expanding to meet diverse sporting preferences.

Drivers of the Market

The growth of the Vietnam racket sports equipment market is propelled by sports participation, fitness trends, and the popularity of racket sports such as tennis and badminton. This market includes rackets, shuttlecocks, tennis balls, and other equipment. The market benefits from the growing interest in racket sports, sports facilities, and competitive tournaments. Sports enthusiasts and athletes in Vietnam are investing in quality racket sports equipment, contributing to the market`s growth.

Challenges of the Market

In the Vietnam racket sports equipment market, challenges primarily stem from sports popularity, skill levels, and product innovation. Racket sports are enjoyed by many, but promoting their popularity, catering to players of varying skill levels, and continuously innovating in equipment design can be complex. Additionally, ensuring product durability and performance is crucial. Manufacturers must adapt to sports trends, offer equipment suitable for beginners to professionals, and innovate in racket design to meet the evolving needs of sports enthusiasts in Vietnam.

COVID-19 Impact on the Market

The COVID-19 pandemic significantly influenced the Vietnam racket sports equipment market. With restrictions on sports activities and the closure of sports facilities, the demand for racket sports equipment temporarily decreased. Supply chain disruptions also affected availability. However, as sports activities resumed and fitness enthusiasts returned post-pandemic, the market showed signs of recovery.

Key Players in the Market

Key players in the Vietnam racket sports equipment market include manufacturers and suppliers of equipment for sports such as tennis, badminton, and squash. Domestic and international sports equipment companies may produce racket sports gear suitable for the Vietnamese market. Prominent racket sports equipment brands like Wilson Sporting Goods Co. and Yonex Corporation offer a range of equipment and may provide their products in Vietnam, supporting sports enthusiasts and athletes.

Key Highlights of the Report:

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

Frequently Asked Questions About the Market Study (FAQs):

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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 Vietnam Racket Sports Equipment Market Overview

3.1 Vietnam Country Macro Economic Indicators

3.2 Vietnam Racket Sports Equipment Market Revenues & Volume, 2021 & 2031F

3.3 Vietnam Racket Sports Equipment Market - Industry Life Cycle

3.4 Vietnam Racket Sports Equipment Market - Porter's Five Forces

3.5 Vietnam Racket Sports Equipment Market Revenues & Volume Share, By Product, 2021 & 2031F

3.6 Vietnam Racket Sports Equipment Market Revenues & Volume Share, By Sport, 2021 & 2031F

3.7 Vietnam Racket Sports Equipment Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F

4 Vietnam Racket Sports Equipment Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing participation in racket sports among the Vietnamese population

4.2.2 Rising disposable income leading to higher spending on sports equipment

4.2.3 Growing awareness about the health benefits of playing racket sports

4.3 Market Restraints

4.3.1 Presence of counterfeit or low-quality racket sports equipment in the market

4.3.2 Limited availability of high-quality and specialized racket sports equipment in certain regions

5 Vietnam Racket Sports Equipment Market Trends

6 Vietnam Racket Sports Equipment Market, By Types

6.1 Vietnam Racket Sports Equipment Market, By Product

6.1.1 Overview and Analysis

6.1.2 Vietnam Racket Sports Equipment Market Revenues & Volume, By Product, 2021-2031F

6.1.3 Vietnam Racket Sports Equipment Market Revenues & Volume, By Rackets, 2021-2031F

6.1.4 Vietnam Racket Sports Equipment Market Revenues & Volume, By Balls, 2021-2031F

6.1.5 Vietnam Racket Sports Equipment Market Revenues & Volume, By Eyewear, 2021-2031F

6.1.6 Vietnam Racket Sports Equipment Market Revenues & Volume, By Racket Bags, 2021-2031F

6.1.7 Vietnam Racket Sports Equipment Market Revenues & Volume, By Shoes, 2021-2031F

6.1.8 Vietnam Racket Sports Equipment Market Revenues & Volume, By Accessories, 2021-2031F

6.2 Vietnam Racket Sports Equipment Market, By Sport

6.2.1 Overview and Analysis

6.2.2 Vietnam Racket Sports Equipment Market Revenues & Volume, By Lawn Tennis, 2021-2031F

6.2.3 Vietnam Racket Sports Equipment Market Revenues & Volume, By Table Tennis, 2021-2031F

6.2.4 Vietnam Racket Sports Equipment Market Revenues & Volume, By Badminton, 2021-2031F

6.2.5 Vietnam Racket Sports Equipment Market Revenues & Volume, By Squash, 2021-2031F

6.3 Vietnam Racket Sports Equipment Market, By Distribution Channel

6.3.1 Overview and Analysis

6.3.2 Vietnam Racket Sports Equipment Market Revenues & Volume, By Supermarkets/hypermarkets, 2021-2031F

6.3.3 Vietnam Racket Sports Equipment Market Revenues & Volume, By Specialty Stores, 2021-2031F

6.3.4 Vietnam Racket Sports Equipment Market Revenues & Volume, By Online Stores, 2021-2031F

6.3.5 Vietnam Racket Sports Equipment Market Revenues & Volume, By Other, 2021-2031F

7 Vietnam Racket Sports Equipment Market Import-Export Trade Statistics

7.1 Vietnam Racket Sports Equipment Market Export to Major Countries

7.2 Vietnam Racket Sports Equipment Market Imports from Major Countries

8 Vietnam Racket Sports Equipment Market Key Performance Indicators

8.1 Number of racket sports facilities and clubs in Vietnam

8.2 Participation rates in racket sports events and tournaments

8.3 Adoption rate of technologically advanced racket sports equipment

8.4 Number of coaching and training programs for racket sports

8.5 Growth in online sales of racket sports equipment

9 Vietnam Racket Sports Equipment Market - Opportunity Assessment

9.1 Vietnam Racket Sports Equipment Market Opportunity Assessment, By Product, 2021 & 2031F

9.2 Vietnam Racket Sports Equipment Market Opportunity Assessment, By Sport, 2021 & 2031F

9.3 Vietnam Racket Sports Equipment Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F

10 Vietnam Racket Sports Equipment Market - Competitive Landscape

10.1 Vietnam Racket Sports Equipment Market Revenue Share, By Companies, 2024

10.2 Vietnam Racket Sports Equipment Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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