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Production Business Of Lawn Tennis Ball | |
| The ball used for playing tennis is called a "lawn tennis ball," and it is a particular ball. The pressurised gas inside the rubber shell of these balls gives them their distinctive bounce and speed. A lawn tennis ball's fundamental construction consists of a core filled with a gas such as nitrogen and a soft outer shell composed of rubber and felt. The bounce and speed of the ball are significantly influenced by the pressure of the gas inside. Tennis balls can be distinguished according to whether they are used on clay, hard, or grass courts. The worldwide demand for Lawn Tennis Balls is a result of how well-liked tennis is as a sport. Due to this, there is now a thriving market for the manufacture and distribution of these balls, with a wide range of producers and brands competing for market share. Advantages of Launching This Business Among the advantages of starting a lawn tennis ball business are the following Expanding Market: Due to tennis' rising global appeal as a sport, the lawn tennis ball industry is expanding. Entrepreneurs now have a fantastic opportunity to start a successful company in this sector. High Need: Tennis season is when lawn tennis balls are most popular. Tennis balls are always required for practise, training, and competitions, indicating a steady consumer base. A Broad Target Audience: Tennis is a game that adults and kids of all ages enjoy playing. This indicates that a sizable target market exists for your company, which includes tennis clubs, schools, amateur players, and professional players. Low Investment: Compared to other businesses, starting a lawn tennis ball business requires a relatively small investment. You can launch your firm modest and progressively increase it as it succeeds. Product Diversification: You can also sell tennis-related goods like rackets, strings, and bags in addition to lawn tennis balls, which will help you diversify your business even more and generate more income. Outlook for the World Market According to a Grand View Research analysis, the global market for lawn tennis balls represents a sizeable portion of the total sports equipment market, which is anticipated to reach USD 89.2 billion by 2026. Tennis' rising global appeal as a sport is the main factor driving the lawn tennis ball market. Due to the expanding middle class and rising interest in sports and fitness activities, the market is predicted to rise significantly, especially in the Asia Pacific region. With numerous well-established competitors and recent entries, the industry is extremely competitive. Wilson Sporting Goods, Dunlop Sports, Penn Racquet Sports, Slazenger, and Babolat are a few of the market's top companies. The market for lawn tennis balls is also impacted by a number of trends, including the expansion of online sales channels, the need for environmentally friendly and sustainable products, and the development of tennis ball technology. Market Outlook for India The lawn tennis ball industry enjoys a sizable market in India, which has seen tremendous growth in recent years. According to a study by Grand View Research, the Indian tennis ball market would develop at a CAGR of 11.8% and be worth USD 276.3 million by 2025. The growing popularity of tennis in India, particularly after players like Sania Mirza, Mahesh Bhupathi, Leander Paes, and more recently, Rohan Bopanna, competed well in international competitions, is one of the main drivers of this rise. The easy accessibility of Tennis courts in schools, colleges, and residential communities has increased demand for Tennis balls in addition to the sport's expanding popularity. Tennis balls are accessible to players of all ages and socioeconomic backgrounds due to their low cost. The growing demand for environmentally friendly and sustainable products, the expansion of online sales channels, and the rise in tennis events all have an impact on the tennis ball market in India. Overall, it is anticipated that the Indian market for lawn tennis balls would keep expanding due to factors such as the rising popularity of tennis as a sport, the expansion of the sports sector, and the entry of new players. Conclusion Tennis has become more and more popular as a sport, which has greatly influenced sales. Tennis as a recreational sport is becoming more and more popular, which has expanded the market for tennis balls and other accessories. In the end, the flourishing lawn tennis ball industry is a reflection of the sport's shifting terrain. The tools and equipment required to play the game change along with courts and playing surfaces. It will be intriguing to watch how this tendency changes over time. To accommodate the demand for these surfaces, producers were forced to adjust and create new goods. Key Players • Wilson Sporting Goods • Dunlop Sports • Penn Racquet Sports • Slazenger • Babolat • Nivia • Cosco • Vinex | |
| Plant capacity: Tennis Ball 10,000 Nos. per day | Plant & machinery: 48 Lakhs |
| Working capital: - | T.C.I: Cost of Project: 168 Lakhs |
| Return: 29.00% | Break even: 66.00% |
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