Overview of the global badminton shuttlecock feeder market
Technavio's market study identifies the growing interest in sports activities to be one of the primary growth factors for the badminton shuttlecock feeder market. Increasing sports activities and increasing health awareness influences the consumers to participate in various sports. Sports such as marathon and triathlon runs, tennis, trekking, mountain racing, and ice skating, and badminton among many are gaining popularity. Hectic work schedules, sedimentary lifestyles, and increasing incidences of health issues are triggering the consumer interest in physical activities. The market analysts estimate that the market will post a revenue of more than USD 870 million by 2021.
Children are increasingly becoming interested in badminton and the vendors are developing products to cater to the growing demand among children. Organizations and sports commissions encourage students to participate in sports activities. Vendors are designing badminton shuttlecock feeders specifically for children. The rising interest in badminton among children is identified to be one of the key trends contributing towards the growth of the badminton shuttlecock feeder market.
Competitive landscape and key vendors
The badminton shuttlecock feeder market is highly concentrated due to the presence of few established players. Vendors are competing based on price, quality, and brand. The intense competition among the market players has led to the introduction of many advanced and innovative products. Growth of the badminton shuttle dispenser market is propelled due to the rapid changes in technology and improved consumer preferences.
The leading vendors in the market are
- Badenko
- dksportbot.com
- SIBOASI
- XK Sports dksportbot.com
Segmentation by end user and analysis of the badminton shuttlecock feeder market
- Private sports clubs
- Institutes
The growth of popularity of badminton and innovation in shuttlecock feeders is proportional to the growth of private sports clubs. Additionally, rising number of badminton tournaments and participation encourages the badminton players to enroll in sports clubs for coaching and guidance.
Geographical segmentation and analysis of the badminton shuttlecock feeder market
APAC is witnessing increasing number of tournaments being organized and the growing popularity of badminton. Consumers in this region are becoming more health conscious and adopting healthy lifestyles, supported by the availability of required infrastructure. Further, the rising young population and adoption of healthy lifestyle contribute to the growth of the badminton shuttlecock feeder market in APAC.
Key questions answered in the report include
- What will the market size and the growth rate be in 2021?
- What are the key factors driving the global badminton shuttlecock feeder market?
- What are the key market trends impacting the growth of the global badminton shuttlecock feeder market?
- What are the challenges to market growth?
- Who are the key vendors in the global badminton shuttlecock feeder market?
- What are the market opportunities and threats faced by the vendors in the global badminton shuttlecock feeder market?
- Trending factors influencing the market shares of the Americas, APAC, and EMEA.
- What are the key outcomes of the five forces analysis of the global badminton shuttlecock feeder market?
Technavio also offers customization on reports based on specific client requirement.
Technavio provides market information across various parameters such as market size, key drivers, competitive landscape, product offerings, and growth rate within the consumer and retail industry. The upcoming report on the global badminton shuttlecock feeder market analyzes the outdoor sports equipment sector to help the clients innovate on their product offerings. The report also provides a complete competitive landscape of the market by covering vendors such as Bendeko, Sibaosi, DK Sports, XK Sports, and Knight trainer.
The upcoming report uses market research tools such as webinars, case studies, trade journals, and telephonic interview are used along with various other qualitative and quantitative research methodologies. The analysis and insights obtained from the report can be useful to the client in devising effective business strategies.
The upcoming report on the global badminton shuttlecock feeder market also considers the growth of related markets such as the portable kayaks market and flyboarding equipment market which are expected to grow at the rate of 5% and 3%, respectively, for the forecast period of 2017 to 2021. The report also analyzes various market performance measurement tools within geographies such as the Americas, APAC, and EMEA to provide a complete geographic segmentation study. Our analysts suggest that the market could grow due to increasing number of badminton tournament taking place.
The upcoming report on global badminton shuttlecock feeder market also provides an analysis of the competitive landscape, product offerings, emerging trends, key drivers, and SWOT environment facing the industry. The report also covers the growth of similar markets such as consumer services and personal care, retail systems, and general retail goods and services sector.
Our market research methodology for the global badminton shuttlecock feeder market
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