Nylon Shuttlecocks Market was valued at USD 1.5 Billion in 2022 and is projected to reach USD 2.3 Billion by 2030, growing at a CAGR of 6.5% from 2024 to 2030.
During 2018-2022, market players experienced a steady rise in the production of nylon shuttlecocks to meet the demand from various regions. These years saw a steady increase in the manufacturing capabilities of leading producers, focusing on improving product quality and production efficiency. Meanwhile, several brands invested in new technologies to ensure longer-lasting shuttlecocks, contributing to their popularity among both recreational players and institutions like schools and fitness centers.
The demand for nylon shuttlecocks continued to increase during the 2020-2022 period, supported by the rise of the 'at-home' sports trend during global lockdowns. However, regional markets displayed varied growth trajectories, with emerging markets like India, China, and Southeast Asia showing the most considerable growth. North America and Europe, on the other hand, had moderate growth due to the dominant presence of established brands and high consumer awareness.
As the Nylon Shuttlecocks market outlook for 2023 to 2033 emerges, experts forecast significant demand spikes driven by several key factors. The growing interest in recreational sports, particularly in Asia-Pacific and parts of Europe, is expected to continue. Additionally, the expanding presence of e-commerce platforms offering more diverse options for consumers will lead to increased market penetration.
Market trends from 2023 onwards indicate a shift toward more eco-friendly materials and innovations in shuttlecock design. Consumers are becoming more conscientious about sustainability, driving manufacturers to invest in biodegradable nylon materials that do not compromise durability. This is expected to create an entirely new segment in the market, which will contribute to a broader consumer base and potentially higher overall market value.
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The global Nylon Shuttlecocks market has seen significant shifts from 2018 to 2022, with variations in demand, production trends, and market dynamics. During this period, the Nylon Shuttlecocks industry was driven primarily by increasing interest in recreational sports like badminton. The surge in demand during these years can be attributed to a growing number of people participating in badminton as an accessible and enjoyable sport worldwide. Enhanced by their durability and cost-effectiveness, nylon shuttlecocks have been a popular choice, especially in non-professional settings.
YONEX
LI-NING
Victor
Carlton
YONEX
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Nylon Shuttlecocks Market
Professional
Amateur
Based on Types the Market is categorized into Below types that held the largest Nylon Shuttlecocks market share In 2023.
White Nylon Shuttlecocks
Yellow Nylon Shuttlecocks
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Nylon Shuttlecocks Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Nylon Shuttlecocks Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Nylon Shuttlecocks Market, By Type
6. Global Nylon Shuttlecocks Market, By Application
7. Global Nylon Shuttlecocks Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Nylon Shuttlecocks Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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