If you enjoy sports, you should be fully aware that each sport has specific equipment needs in order to be played. Similar to other sports, badminton features some special equipment that players use both on and off the court. Yes, we are talking about the shuttlecock.
The badminton shuttlecock is one of the most unusual sporting goods you'll ever see. It flies at speeds of up to 300 miles per hour, contains 16 goose feathers, and rests upon a Portuguese cork stump. Well, in this blog, let’s discuss what a shuttlecock is and its importance in badminton, the growth drivers, and the shuttlecock market statistical data.
A shuttlecock, sometimes referred to as a bird, shuttle, or a birdie, is the "ball" used in badminton. During the game, it is more of an aerodynamic missile that is struck back and forth than a ball. The most important component of a badminton match is a flying and traveling object.
The global shuttlecock market was valued at USD 653.94 million in 2022 and is expected to grow to USD 1,104.89 million at a CAGR of 5.4% during the forecast period of 2032.
Types of Shuttlecock
There are three types of shuttlecocks available:
The primary factors driving the shuttlecock market growth are the notable rise in the number of people playing badminton both recreationally and competitively around the world, as well as the steadily rising prominence of professional badminton tournaments and events like the Olympics and World Championships. These factors have a knock-on effect on players, increasing the demand for shuttlecocks as players and enthusiasts try to emulate the professionals.
Furthermore, the high cost and fragility of traditional shuttlecocks, coupled with the hybrid shuttlecocks' increasing popularity among badminton players worldwide due to their consistency and high durability, have led to their rapid emergence as an effective and viable alternative. These factors are likely the main drivers of product demand in the near future.
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You build up a healthy you when you sweat with a joyful heart. Badminton is an enjoyable and energetic sport with simple rules that make it easy to practice. Here are some of the important benefits of playing badminton:
The construction of stadiums and badminton courts is just one example of the significant investments made in sports infrastructure in the Asia Pacific. The development of the infrastructure fosters the market's exponential growth, expands the number of options for badminton participation, and raises the need for shuttlecocks.
Moreover, with a robust CAGR throughout the anticipated term, the European region is emerging as the fastest-expanding region. The expansion of the shuttlecock market in Europe may be primarily ascribed to the growing awareness among the populace of the benefits of engaging in sports like badminton to sustain a healthy lifestyle, as well as the government's increased emphasis on promoting sports participation throughout time.
Wind Up
The primary drivers of the shuttlecock market growth are the rising government initiatives to promote sports tournaments and make sports equipment widely available worldwide, as well as the steady rise in the number of people choosing to play and pursue badminton as a career and the spike in product demand from various international and national championship tournaments.