Global Shuttlecock market – A report by Fact.MR
Fact.MR, in its latest business intelligence study, depicts the nuts and bolts of the global Shuttlecock market. The Shuttlecock report presents detailed information regarding the drivers, restraints, opportunities and trends affecting market growth. Each segment along with its sub-segment is analyzed in terms of value and volume. Further, the Shuttlecock report elaborates the market behavior of each vendor operating in the Shuttlecock market.
The Shuttlecock report considers the following years to present the overall market growth:
- Forecast Year: 2018 – 2027
Key findings of the Shuttlecock market study:
- Regional breakdown of the Shuttlecock market based on predefined taxonomy.
- Innovative manufacturing processes implemented by Shuttlecock vendors in detail.
- Region-wise and country-wise fragmentation of the Shuttlecock market to grasp the revenue, and growth outlook in these areas.
- Changing preferences among consumers across various regions and countries.
- Factors (Positive and Negative) impacting the growth of the global Shuttlecock market.
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Asia Pacific to Record Significant Growth Rate in Global Shuttlecock Market
Expansion of shuttlecock market is directly influenced by the Summer Olympics. Asia Pacific shuttlecock market is likely to witness robust growth in the coming years, owing to wide popularity of badminton across the region coupled with the most-awaited 2020 Summer Olympics or Tokyo 2020. Rise in the number of international badminton players as well as growing number of badminton tournaments hosted by the developing countries are anticipated to boost the growth of shuttlecock market in Asia Pacific. Further, adoption of e-commerce sites for the sales of shuttlecock is foreseen to fuel the market growth.
On the basis of region, the Shuttlecock market study contains:
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Middle East and Africa (GCC, S. Africa, N. Africa)
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Local Goes Global: E-Commerce Emerging as a Lucrative Platform for Domestic Asian Manufacturers
Sales of shuttlecock will continue to remain high through various online portals such as Amazon.com, Alibaba.com, and Snapdeal. In order to expand their customer base, local sport equipment companies are also offering their products through the online portals at discounted prices.
Bedini, Kimoni International, Li-Ning, and Aisheng Co. Ltd. are some of the major manufacturers in Asia, whereas Victor A.Henkel and Yonex are the prominent manufacturers in Europe. However, the unorganized market players in various countries of Asia, particularly in China are likely to dominate the market in terms of sales as they are offering these products at reasonable or discounted rates.
Besides Europe and Asia, leading market players in North America such as Ashaway, Sports Import, Pointforce, and Yonex USA are focusing on attaining a competitive edge in the global market through offering innovative products for improved performance and experience to the amateur and professional market players. Through product innovation and differentiation, these players are focusing on sustaining their lead in the competitive market.
Queries addressed in the Shuttlecock market report:
- Why are the Shuttlecock market players targeting region for increased product sales?
- What patented technologies are the players utilizing in the global Shuttlecock market?
- Which regions are displaying the fastest growth in the Shuttlecock market?
- What are the underlying micro- macroeconomic factors affecting the global Shuttlecock market?
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