A latest research report titled as ” Shuttlecock Market Forecast, Trend Analysis & Competition Tracking - Global Review 2018 to 2027” has been recently added to the vast portfolio of FactMR online research offerings. This report is a professional and in-depth analysis on the present state and future prospect for the global market. It provides valuable information to the industry insiders, potential entrants or investors. It includes an exhaustive enquiry with the reliability of logic and the comprehensiveness of contents.Badminton continues to grow in popularity – both stadium attendance and TV audience have witnessed a steady increase over the years. With over 200 million amateur and professional players, the sport has significant penetration across Europe and Asia. Marquee championships, such as Thomas Cup, BWF World Championship, and Uber Cup continue to attract sponsorships from some of the biggest brands in the market. The fact that badminton is a sport contested at the Summer Olympics has further led to its expansion and popularity.
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Asia has gained center stage for sports equipment manufacturers from around the globe, owing to its behemoth target audience and a vast demographic in the age group 18-35. Badminton sports equipment manufacturers are not oblivious to these opportunities, and are working on boosting their profile in the region. Their cause has been furthered by the recent success of Asian players in this highly competitive sport. The rising popularity of the sport has opened up a slew of opportunities for badminton equipment sales, with racquet and shuttlecock sales growing at a steady clip. Future growth of the badminton equipment market in general, and shuttlecock market in particular, is likely to be influenced by the increase/decrease in participation levels in Asia.
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Corporate Social Responsibility (CSR): A Symbiotic Way of Raising Brand Awareness
In addition to developing innovative products, leading market players are also engaging in various CSR activities to improve their brand identity and recognition. For instance, a leading Yonex has organized various events to promote healthy living such as walk rallies. The company utilizes a special tool to precisely measure the walker’s foot to ensure that the individuals are wearing comfortable footwear to enjoy walking.
Highlights from the Report
Elaborated scenario of the parent market
Transformations in the market dynamics
Detailed segmentation of the target market
Historical, current and forecast market size based on value and volume
Latest industry developments and trends
Competition landscape
Strategies adopted by the market players and product developments made
Potential and niche segments, along with their regional analysis
Unbiased analysis on performance of the market
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