Squash Rackets Market Size & Share, By Raw Material (Carbon Fiber, Aluminium), Distribution Channel (Brick & Mortar, Online) - Growth Trends, Regional Insights (U.S., Japan, South Korea, UK, Germany), Competitive Positioning, Global Forecast Report 2025-2034

Market Outlook:

Squash Rackets Market size is set to increase from USD 254.7 million in 2024 to USD 422.85 million by 2034, with a projected CAGR exceeding 5.2% from 2025 to 2034. The industry revenue for 2025 is anticipated to hit USD 266.85 million.

• Base Year Value (2024): USD 254.7 million
• CAGR (2025-2034): 5.2%
• Forecast Year Value (2034): USD 422.85 million
• Historical Data Period: 2021-2034
• Largest Region: North America
• Forecast Period: 2025-2034

Market Dynamics:

Growth Drivers & Opportunities

The Squash Rackets Market is experiencing significant growth driven by a number of factors. One of the primary drivers is the increasing participation in squash as a sport, facilitated by the growing awareness of its health benefits. Squash is known for its ability to improve cardiovascular fitness, agility, and hand-eye coordination, making it an appealing choice for fitness enthusiasts. As more individuals seek alternative forms of exercise and recreation, squash clubs and facilities are witnessing a rise in memberships and participation levels.

Additionally, technological advancements in racket materials and designs are capturing the interest of players at all levels. The introduction of lightweight materials, improved string technology, and enhanced grip designs are making rackets more user-friendly and accessible. This innovation not only attracts new players but also encourages seasoned players to upgrade their equipment for better performance.

The rise of professional squash tournaments and exposure through media coverage are also key contributors to market growth. The visibility of top-tier players and competitions helps to cultivate a larger audience and encourages aspiring athletes to take up the sport. Partnerships between sports brands and professional players result in increased marketing efforts, further stimulating interest in squash and, subsequently, racket sales.

Furthermore, the expansion of e-commerce platforms is providing an opportunity for retailers to reach a broader clientele. Consumers can now easily access a wide range of squash rackets, compare product features, and make informed purchases from the comfort of their homes. This trend is particularly beneficial for niche markets where access to physical stores may be limited.

Report Scope

Report Coverage	Details
Segments Covered	Raw Material, Distribution Channel
Regions Covered	• North America (United States, Canada, Mexico) • Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe) • Asia Pacific (China, Japan, South Korea, Singapore, India, Australia, Rest of APAC) • Latin America (Argentina, Brazil, Rest of South America) • Middle East & Africa (GCC, South Africa, Rest of MEA)
Company Profiled	Head N.V., Dunlop Sport, Tecnifibre, Wilson Sporting Goods, Babolat, Amer Sports, OLIVER Sport & Squash, Squash Galaxy, Harrow Sports, Squash Pro Shop

Industry Restraints:

Despite the promising growth prospects, the Squash Rackets Market faces several restraints that could hinder its advancement. A significant challenge is the lack of awareness and visibility of squash as a competitive sport compared to more mainstream sports like tennis or basketball. This lack of recognition can limit player participation and decrease demand for equipment, impacting overall market growth.

Additionally, the relatively high cost of quality squash rackets may deter some potential players. While investing in good equipment is essential for performance, budget constraints can make it difficult for newcomers and casual players to commit to the sport. The perception that squash is an elite sport can further alienate interested individuals who feel that access to quality gear is out of reach.

Another restraint is the limited availability of squash courts and facilities in certain regions. In areas where court access is scarce, it becomes challenging to cultivate a strong player base, thereby stunting market growth. Even in regions with established facilities, maintenance and upkeep of squash courts can be costly, leading to closures that reduce opportunities for players.

Lastly, the competitive landscape from other racquet sports such as badminton and tennis poses a challenge for the squash market. As consumers have more options for recreational activities, the market must find ways to differentiate itself and highlight unique benefits to attract new players. This need for differentiation can create barriers for growth if not effectively addressed through marketing and community engagement efforts.

Regional Forecast:

North America

The Squash Rackets Market in North America is primarily driven by the strong sports culture and the popularity of racquet sports, particularly in the United States and Canada. The U.S. showcases the largest market size due to its extensive network of squash clubs and facilities, along with a well-established community of squash players. Canada is also notable for its growing interest in the sport, spurred by various local initiatives and tournaments aimed at promoting squash. The market in this region is expected to witness steady growth, as both countries continue to invest in sports infrastructure and youth programs that encourage participation in squash.

Asia Pacific

The Asia Pacific region, particularly China and Japan, is expected to emerge as a significant player in the Squash Rackets Market. China, with its expanding urban population and increasing disposable income, is fostering a rising interest in squash as both a recreational and competitive sport. Meanwhile, Japan has a longstanding tradition of racquet sports, and the popularity of squash is gradually increasing, especially among younger demographics. South Korea, while not as prominent, is also seeing a surge in interest as sports clubs expand their offerings. The combination of government support for sports development and a growing healthy lifestyle trend suggests that this region will experience one of the fastest growth rates in the squash market.

Europe

In Europe, the UK, Germany, and France stand out in the Squash Rackets Market. The UK remains the largest market, supported by a strong squash history and a robust network of facilities. The sport has a dedicated following, which is reflected in participation levels and club memberships. Germany is increasingly becoming a key player, with rapid growth in public interest and the sport’s promotional efforts leading to more competitions and clubs being established. France is also contributing to the regional market with a well-organized squash framework, fostering national competitions and increasing the sport's appeal. The combination of these countries' commitment to sports development suggests that Europe will maintain a substantial market presence, characterized by steady growth.

Segmentation Analysis:

In terms of segmentation, the global Squash Rackets market is analyzed on the basis of Raw Material, Distribution Channel.

Raw Material Segment

The raw material segment of the squash rackets market predominantly includes graphite, fiberglass, and various composite materials. Graphite remains a key material due to its lightweight nature and strength, which enhances racket performance and player control. Fiberglass is often used for entry-level rackets due to its durability and cost-effectiveness. In recent years, there has been an increasing shift towards advanced composite materials that offer both performance benefits and environmental sustainability. As eco-consciousness grows among consumers, materials that are sustainably sourced or recyclable are anticipated to gain significant traction.

Distribution Channel Segment

The distribution channel segment is crucial for reaching diverse consumer bases. It is primarily divided into online and offline channels. Online sales channels are projected to exhibit the fastest growth, driven by the convenience of e-commerce and increasing consumer preference for shopping through digital platforms. Major online retailers and specialized sports equipment websites provide extensive selections and competitive pricing, making them attractive to consumers. Conversely, offline retail channels, including sporting goods stores and specialty shops, remain important for providing personalized customer service and allowing consumers to physically test products before purchase. Despite the growth of online channels, offline retail is expected to retain a substantial market share due to established customer loyalty and the tactile experience it offers.

Market Size and Growth Projections

Within these segments, graphite rackets are expected to exhibit the largest market size owing to their widespread acceptance among professional players and serious amateurs. The emphasis on high-performance products continues to drive demand within this material category. In terms of growth, the online distribution channel is set to dominate as more consumers look to the internet for their purchases, influenced by trends in online retailing and convenience. As both amateur and professional participation in the sport increases, the segments reflecting innovative materials and efficient distribution methods are likely to flourish, enhancing overall market dynamics.

Competitive Landscape:

The competitive landscape in the Squash Rackets Market is characterized by a mix of established brands and emerging companies, all striving to innovate and capture market share. Leading manufacturers focus on product development, enhancing racket technology, and catering to the specific needs of both amateur and professional players. Factors such as performance, durability, and price point play a significant role in influencing consumer preferences. Additionally, marketing strategies, sponsorship of professional events, and collaborations with athletes are vital in establishing brand visibility and loyalty. As the sport gains popularity, particularly in emerging markets, competition is expected to intensify, driving companies to continuously adapt to market trends and customer demands.

Top Market Players

1. HEAD

2. Dunlop

3. Prince Sports

4. Wilson Sporting Goods

5. Tecnifibre

6. Asics

7. Babolat

8. Karakal

9. Black Knight

10. Eye Rackets