The badminton rackets market in Thailand is projected to grow from USD 13.718 million in 2024 to USD 14.663 million by 2028, indicating a steady year-on-year increase. The market's value stood at USD 13.500 million in 2023. From 2024 to 2025, the forecasted growth is 1.75%, followed by incremental positive shifts of approximately 1.71%, 1.66%, and 1.61% in the subsequent years until 2028. The compound annual growth rate (CAGR) for the period from 2024 to 2028 is approximately 1.76%.
Future trends to watch for include the rising popularity of badminton as a sport, advancements in racket materials and technology, and addressing the growing interest in sustainable and eco-friendly products. Additionally, trends in consumer spending and participation rates in sports activities are crucial factors to monitor for further market insights.
