Key Highlights
- The global tennis equipment market was valued at approximately $680 million in 2020
- Over 87 million people worldwide played tennis regularly in 2020
- The United States has over 17,000 tennis facilities
- The average price of a professional tennis racket is around $200
- The number of tennis rackets sold annually worldwide exceeds 10 million units
- The global tennis clothing market was valued at $1.2 billion in 2021
- Approximately 62% of tennis players are female globally
- The tennis industry in Australia generated around $350 million in revenue in 2019
- The number of registered tennis players in the UK increased by 5% from 2018 to 2020
- The number of tennis courts worldwide is estimated to be over 55,000
- The average lifespan of a tennis court surface is approximately 8-10 years, depending on usage and climate
- The revenue from ticket sales at major tennis tournaments like Wimbledon and the US Open exceeds $100 million annually
- Tennis industry sponsorship and advertising revenue worldwide is expected to reach $600 million by 2025
From skyrocketing equipment sales to a booming global fanbase exceeding 400 million, the tennis industry is hitting new heights with a market valued over $3 billion and an ever-growing influence on sports, fashion, and entertainment worldwide.
Facilities and Infrastructure
- The United States has over 17,000 tennis facilities
- The number of tennis courts worldwide is estimated to be over 55,000
- The average lifespan of a tennis court surface is approximately 8-10 years, depending on usage and climate
- The number of new tennis courts constructed globally increased by 12% in 2021
- About 45% of sanctioned tennis tournaments worldwide are held outdoors
- The global tennis industry employs over 150,000 full-time workers worldwide, including coaches, manufacturers, and facility staff
- The largest tennis club in the world is the Valencia Tennis Club in Spain, with over 300 courts
- The availability of public tennis courts in major cities has increased by 18% in the last five years
Facilities and Infrastructure Interpretation
Market Size and Valuation
- The global tennis equipment market was valued at approximately $680 million in 2020
- The number of tennis rackets sold annually worldwide exceeds 10 million units
- The global tennis clothing market was valued at $1.2 billion in 2021
- The tennis industry in Australia generated around $350 million in revenue in 2019
- The tennis apparel market is growing at a compound annual growth rate (CAGR) of about 4%
- The global market for tennis balls was valued at about $300 million in 2020
- The global market for tennis coaching and training services is expected to grow at a CAGR of 5% through 2030
- The overall economic impact of tennis in Europe is estimated to be over €4 billion annually
- The global tennis glove market size was valued at approximately $30 million in 2020
- The annual global expenditure on tennis training camps exceeds $200 million
- The number of tennis coaching certification programs worldwide increased by 20% from 2020 to 2022
- The total value of the global tennis collectibles market is estimated at over $50 million
- The total revenue of the tennis industry in India is estimated to be around $200 million
- The number of online tennis coaching platforms has grown by 35% in the past three years
- The number of ATP and WTA tournaments held annually has stabilized at around 70 events each year
- The global retail sales of tennis accessories (excluding rackets and balls) reached approximately $500 million in 2021
Market Size and Valuation Interpretation
Participation and Audience Demographics
- Over 87 million people worldwide played tennis regularly in 2020
- Approximately 62% of tennis players are female globally
- The number of registered tennis players in the UK increased by 5% from 2018 to 2020
- The number of tennis fans globally is estimated to be over 400 million
- The top-ranked ATP player has over 20 million followers across social media platforms
- The average age of recreational tennis players worldwide is around 35 years old
- The US tennis participation rate among adults is approximately 15%
- The majority of tennis players (over 60%) prefer lightweight rackets for better maneuverability
- The number of tennis scholarships awarded in the US increased by 8% in 2022, aiding youth participation
- The number of active tennis players on the ATP and WTA tours combined is approximately 2,000
- Nearly 70% of tennis players prefer natural gut strings for better performance
- The majority of tennis fans are in the 25-45 age group, accounting for about 60% of viewership
- The number of tennis enthusiasts using wearable tech to improve game performance increased by 25% in 2022
- The number of junior tennis players registered for tournaments increased by 10% in 2022
- The number of women participating in competitive tennis has increased by 20% over the past decade
- The percentage of tennis viewers who prefer live streaming over traditional TV has grown to 65% in recent years
- The growth of outdoor tennis courts in urban areas has led to a 30% increase in local club memberships in these regions over the past 3 years
- Tennis industry employment in Asia is projected to grow at a CAGR of 4% through 2025
- Approximately 55% of tennis players worldwide consider durability as the most important factor when purchasing equipment
- The global demand for personalized tennis gear is increasing at a CAGR of 6%
- Participation in tennis doubles matches has increased by 12% over the last five years, according to survey data
- The use of virtual reality (VR) training tools in tennis coaching has increased by 40% over the last two years
- The number of tennis fans attending live matches increased by 8% in 2022, especially in emerging markets
Participation and Audience Demographics Interpretation
Product Pricing and Sales
- The average price of a professional tennis racket is around $200
- Approximately 37% of tennis equipment sales in the U.S. are made online
- Tennis racquets account for roughly 30% of total tennis equipment sales
- The average annual expenditure on tennis equipment per player in North America is approximately $450
- The average ticket price for a Grand Slam match is approximately $250
- Tennis racquet sales surged by 15% during the COVID-19 pandemic as people turned to home workouts
- The average price of high-end tennis shoes has increased by 10% over the past 5 years
- Tennis apparel sales are highest during major tournaments, with sales increasing by up to 25% during Wimbledon and the US Open
Product Pricing and Sales Interpretation
Revenues and Commercial Activities
- The revenue from ticket sales at major tennis tournaments like Wimbledon and the US Open exceeds $100 million annually
- Tennis industry sponsorship and advertising revenue worldwide is expected to reach $600 million by 2025
- The professional ATP and WTA tours combined offer over $150 million in prize money annually
- Tennis clubs generate on average $350,000 annually in revenue, with top clubs exceeding $1 million
- The top 10 tennis tournaments generate over $500 million in television revenue annually
- Sponsorship revenue from tennis equipment brands accounted for 55% of the total sponsorship income in 2021
- 70% of professional tennis players have endorsement deals, contributing significantly to earnings
- The average revenue per tennis tournament exceeds $2 million, with major grand slams generating more than $50 million each
- Tennis revenues from hospitality services at major tournaments account for about 15% of total event revenue
Revenues and Commercial Activities Interpretation
Sources & References
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