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Tennis Rackets Manufacturing Business

During a game of tennis, a tennis racquet is used to hit a ball. As sports become increasingly vital in controlling body metabolism and developing physical strength, tennis is projected to rise in popularity among health-conscious people. A racket is a sport that consists of a handled frame and an open hoop across which a network of strings or catgut is stretched taut. In sports like tennis, it's used to hit a ball. Over the years, racket design and production have changed tremendously. Tennis equipment is the equipment that is required to play tennis. A racket, tennis ball, shoes, and a dress code are all required for the sport. Aside from the players, the tennis court necessitates the use of a net to divide each player's playing area. Rackets are made of a variety of metals and woods. There are no restrictions on the size or materials used in the construction of a racket. It has an oval head and a neck that gradually widens as it connects the narrow grip to the head of the racket. The head of the racket is tightly woven with strings of various materials, such as nylon, gut, or synthetic gut. The handles are covered in leather or nylon for a better grip. Between 2020 and 2030, the tennis racket market is estimated to reach a value of over US$ 700 million, rising at a CAGR of 3.5 percent. The tennis racket market has had a historical CAGR of about 1% during the period (2015-2019), and is predicted to reach a valuation of US$ 214 million by 2030, thanks to modest growth in mature nations such as North America and Europe. The participation of Millennials and Generation Z has increased. Millennials and Gen Z have had low discretionary spending for many years, and as a result, their leisure spending has been low as well. As these generations have grown older and gained more discretionary income, they have increased their spending on a range of activities. This has proven tremendously beneficial to the tennis industry's growth and demand for tennis equipment, and it is expected to continue to do so in the future. Investments in instilling a healthy lifestyle have increased in recent years. Governments and sports organisations have been at the forefront of change for many years. Efforts to expand sports participation, with a concentration on tennis, have been extensively recognised in nations such as India, the United Kingdom, and China. The tennis equipment industry is being driven by the growing popularity of tennis around the world. Tennis has grown in popularity around the world as a result of an increase in tournaments and promotional initiatives. Tennis is popular in many nations, including Australia, the United States, France, Germany, Russia, and Spain. Tennis has become more popular in Asia and the Pacific. The Commonwealth Games in New Delhi (India) in 2008 reinforced this popularity. As individuals become more aware of the benefits of sports in maintaining fitness and health, tennis participation has grown around the world. Tennis has also gained in popularity as a means of improving health in affluent countries such as Germany, France, and the United States, particularly among the elderly. It also offers other advantages, such as improving aerobic activities, lowering resting heart rate and blood pressure, boosting metabolic function, and increasing bone density. Cardio tennis is also becoming increasingly popular among people of all ages. It's a group exercise that incorporates a high-intensity workout, a warm-up, and a cardio workout to help you burn calories in a healthy way. Cardio tennis is an excellent method to stay current with fitness and group exercise trends. Industry Major Market Players • YONEX Co., Ltd. • Sumitomo Rubber Industries, Ltd. • HEAD • Babolat • Amer Sports • GAMMA Sports • PACIFIC Holding GmbH • Maus Frères SA • Authentic Brands Group LLC • Freewill Infrastructures Pvt. Ltd.
Plant capacity: 400 Pcs Per DayPlant & machinery: 81 Lakhs
Working capital: -T.C.I: Cost of Project: 345 Lakhs
Return: 30.00%Break even: 65.00%
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  • One Crore is equivalent to ten million (10,000,000)
  • T.C.I is Total Capital Investment
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