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Squash Rackets Market

The market for Squash Rackets was estimated at $256 million in 2024; it is anticipated to increase to $378 million by 2030, with projections indicating growth to around $523 million by 2035.

Report ID:DS1504056
Author:Swarup Sahu - Senior Consultant
Published Date:
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Global Squash Rackets Market Outlook

Revenue, 2024

$256M

Forecast, 2034

$490M

CAGR, 2025 - 2034

6.7%

The Squash Rackets industry revenue is expected to be around $273.4 million in 2025 and expected to showcase growth with 6.7% CAGR between 2025 and 2034. The global racket sports industry now views squash rackets as essential because club membership expansion and health awareness growth and ongoing court development investments maintain market demand from Amateur/Recreational Players and Professional Players who generate 100.0% of industry revenue. The Open Throat design leads the market because amateur squash players and professional squash players choose these rackets for their ability to provide high performance features which combine power with control and maneuverability thus demonstrating the squash equipment markets continued strength.

The standard design of contemporary squash rackets includes lightweight graphite and composite frames which have aerodynamic head shapes with open throat and teardrop designs and string patterns that improve shot precision and power delivery and reduce vibrations. The equipment serves as a necessity for competitive tournaments and elite training programs and structured coaching pathways. The squash racquet market shows growing adoption for club play and school and university sports and fitness based recreational activities. The market continues to experience strong demand because users want lighter frames and they want customized grip and balance options and sustainable materials and high end performance ranges.

Squash Rackets market outlook with forecast trends, drivers, opportunities, supply chain, and competition 2024-2034
Squash Rackets Market Outlook

Market Key Insights

  • The Squash Rackets market is projected to grow from $256.2 million in 2024 to $490 million in 2034. This represents a CAGR of 6.7%, reflecting rising demand across Professional Competition, High-Performance Training, and Recreational Squash.

  • The market competition exists between Dunlop Sport and Tecnifibre and HEAD Sport GmbH which operate as its leading competitors.

  • The Squash Rackets market shows its highest demand through the U.S. and UK markets which will experience growth at 4.4% to 6.4% CAGR from 2024 to 2030.

  • The research predicts that India, China and Mexico will experience the most significant market expansion because their compound annual growth rates (CAGR) will reach between 7.7% and 9.2%.

  • The Advanced Performance Engineering transition creates expanding opportunities for companies to sell their complete product range to customers throughout the Squash Rackets industry ecosystem. The projected ecosystem pull-through will generate $4 million in additional Squash Rackets product sales during 2025.

  • The Squash Rackets market will experience $234 million growth during 2024-2034 because manufacturers focus their efforts on Amateur/Recreational Players who use this product for their sport.

  • With

    rising health-conscious lifestyles and expanding indoor sports infrastructure driving performance-oriented demand for advanced squash rackets, and

    Material Innovation and Precision Engineering Enhancing Lightweight, Durable Squash Rackets for Competitive and Recreational Players, Squash Rackets market to expand 91% between 2024 and 2034.

squash rackets market size with pie charts of major and emerging country share, CAGR, trends for 2025 and 2032
Squash Rackets - Country Share Analysis

Opportunities in the Squash Rackets

The growing number of middle class families throughout emerging Asia Pacific nations has also led parents to register their children for organized indoor sports which will generate sustained demand for beginner squash rackets. School and academy programs now require strong and easy to use junior squash rackets which will endure their students demanding training sessions. Open Throat models will lead unit expansion in these high volume cost sensitive channels while both Open and Closed Throat segments gain from increasing participation numbers and public funding for multi sport community facilities.

Growth Opportunities in Europe and Asia-Pacific

The European professional squash players serve as the dominant user group which drives market demand for squash rackets that feature advanced frame designs and improved squash string materials; professional squash rackets and lightweight squash rackets for tour level and elite club players represent the main business potential because brands use customization and data based performance fitting to compete through innovative products and championship sponsorships and coaching partnerships; the main region's for growth in Europe stem from professional squash rackets with premium features and lightweight squash rackets for elite players who benefit from customization options and performance based fitting solutions. The main region's for growth in Europe stem from professional squash rackets with premium features and lightweight squash rackets for elite players who benefit from customization options and performance based fitting solutions.
The Asia Pacific region has amateur and recreational squash players who make up the majority of potential customers for squash rackets which presents substantial business potential for mid range and entry level squash rackets that will be sold through new retail outlets and online stores and sports academies which focus on multiple sports. The market demands value based product packages and junior squash equipment and squash rackets with local design elements which offer durable performance at affordable prices. The market competition between international brands and local manufacturers has become more intense because they fight for market share through price competition and complete retail network coverage. The main factors which drive business expansion stem from rising consumer spending power and the fast development of indoor sports facilities across urban region's and government backed educational sports initiatives and squash gaining popularity as an exercise substitute for tennis and other racquet sports. The market requires businesses to develop their ability to produce affordable recreational and entry level squash rackets at scale.

Market Dynamics and Supply Chain

01

Driver: Rising Health Conscious Lifestyles and Expanding Indoor Sports Infrastructure Driving Performance Oriented Demand for Advanced Squash Rackets

People who want to stay healthy now play racket sports because they want to experience fun intense physical exercise. Fitness oriented adults now choose squash rackets because these tools provide cardiovascular exercise and agility development and stress management during brief exercise periods. The market now demands lightweight squash rackets made from graphite which enable players to maintain their performance during extended matches without feeling exhausted. The growth of indoor sports facilities which include premium clubs and multi sport gyms and corporate recreation centers has also brought squash to more people in cities through its increased accessibility. The operators of facilities purchase squash rackets which have also durable construction and require minimal maintenance because they need to endure the high usage from members and their coaching activities. The growth of academies and school partnerships also creates more opportunities for young players to start with entry level and junior squash rackets which leads to sustained participation. The global squash rackets market also experiences enhanced equipment replacement patterns because people pursue fitness goals through their lifestyles while facilities become more accessible. The global squash rackets market also experiences increased premium product adoption because of lifestyle fitness goals and better facility accessibility which supports regular equipment replacement.
The development of composite materials together with frame engineering advancements has also created new performance standards for squash rackets. The manufacturing process now includes three main improvements which combine optimized graphite layups with nano resins and vibration dampening inserts to achieve better power output and improved control and reduced arm fatigue. The new technologies allow manufacturers to create thinner beams which maintain precise balance points to achieve higher swing speeds while maintaining product strength. The modern squash player from all skill levels chooses graphite squash rackets because these high performance sports equipment deliver better on court results from small technical adjustments. The squash rackets market requires companies to make ongoing research and development expenditures for string development and grommet system improvement and aerodynamic profile optimization to maintain their market position.
02

Restraint: Declining participation in indoor racket sports reduces entry level demand for new squash rackets

The current decline of youth participation in indoor court sports leads to decreased squash racket sales at entry levels which results in reduced unit volume for both mass market and club level models. The number of league players at clubs has decreased while junior programs have been canceled which leads to decreased sales of replacement strings and beginner frames and professional squash equipment that sports retailers and specialist shops depend on for their revenue. The market mix now focuses on a limited number of dedicated customers who restrict the industry from achieving large volume increases because the market depends on occasional customer demand for premium rackets.
03

Opportunity: Growing adoption of lightweight squash rackets among amateur club players in North America and Rising demand for performance graphite squash rackets in professional tournaments across Europe

The recreational squash market in North America shows growing interest because people who care about their health want to use indoor facilities for social activities and physical exercise. The current market trend supports squash rackets which offer both strong hitting power and precise control to players while lightweight models attract new and experienced club members. The Open Throat models will lead market expansion because they already generate $160.38 million worldwide in 2025 and experts predict they will reach $220.15 million by 2030 while maintaining a 6.54% annual growth rate. The market will experience its main expansion through Open Throat models because manufacturers focus on creating products which offer forgiveness and easy handling and affordable prices instead of developing high end tour level equipment.
The established squash system in Europe based on televised tours and national leagues now focuses on using advanced technology to create highly accurate squash rackets. Athletes at all levels of competition now choose graphite squash rackets because they offer weight distribution optimization and vibration reduction and aerodynamic design features. The Closed Throat design will generate $95.82 million worldwide during 2025 but experts predict it will expand to $134.18 million by 2030 at a 6.97% annual growth rate because professional squash organizations and their sponsors and clubs will buy specialized equipment for their elite competitors.
04

Challenge: Intensifying competition from alternative fitness activities diverts spending away from premium squash rackets upgrades

The fast expansion of gym based functional training and running and padel and pickleball activities leads customers to choose flexible fitness expenses instead of buying specific squash rackets at mid range to high end prices for lightweight graphite rackets. Multi sport retailers dedicate their floor space and marketing funds to other sports instead of squash because they focus on categories which show higher growth potential which results in reduced product visibility and prevents players from making spontaneous equipment upgrades. The movement of spending toward alternative experiences leads to replacement oriented demand which hinders premium price growth and restricts revenue growth for advanced and professional squash equipment markets.

Supply Chain Landscape

1

Composite Materials Supply

Toray IndustriesMitsubishi ChemicalHexcel
2

Squash Rackets Manufacturing

Dunlop SportTecnifibreHEAD Sport GmbH
3

Sports Equipment Distribution

Wilson Sporting GoodsPrince Global SportsAmer Sports
4

End-User

Professional Squash PlayersAmateur Squash EnthusiastsSchool Sports Programs
Squash Rackets - Supply Chain

Use Cases of Squash Rackets in Professional Competition & Recreational

Professional Competition : The design of professional squash rackets in competitive matches focuses on delivering peak power transmission and precise control and stability during fast moving balls. The open throat squash racket leads all other models because it holds 62.6% of the market demand during 2025 while specialists choose closed throat models for their ability to produce precise direction and their smaller sweet spot which amounts to 37.40% of market demand. The combination of graphite composite frames with head light balance in squash rackets enables players to achieve fast acceleration for their volleys and attacking drives and counter drops. The professional players who use these products brought in USD 83.78 million in revenue during 2025 and experts predict their market will expand at 6.4% annually from 2026 to 2030. The squash market leaders Dunlop Sport and Tecnifibre maintain their market leadership through their wide tour sponsorships and their reliable flagship products. The aerodynamic beam technologies from HEAD Sport GmbH maintain their position as market leaders because these technologies improve the maneuverability of squash equipment which makes them the preferred choice for elite athletes.
High-Performance Training : The training program for elite and professional squash players requires rackets which duplicate match conditions and withstand intense practice sessions so coaches select open throat rackets for basic training because their wide hitting surface helps players learn new skills quickly before adding closed throat rackets to advanced sessions which focus on precise ball control during high pressure situations; the professional player segment follows this training pattern because athletes keep multiple frames with identical weight distribution and string configuration to achieve smooth transitions between practice and competition. The development of shock absorbing features in squash rackets by manufacturers helps athletes cope with fatigue while protecting them from overuse injuries during extended playing periods. The professional squash racket selection from HEAD Sport GmbH and Wilson Sporting Goods leads the market because their graphite composite frames provide strength and their products undergo strict quality checks and their designs support multiple string replacements. The extensive range of professional squash rackets from Dunlop Sport allows coaches to select specific weight and balance configurations which match their training program requirements.
Recreational Squash : The recreational squash racket market generated USD 172.42 million in revenue during 2025 because of its 6.84% CAGR growth projection from 2026 to 2030. The main characteristics of recreational squash rackets include comfort and forgiveness and value because players choose open throat squash rackets for their easy power access and expanded effective hitting region. The closed throat design becomes more popular among experienced players who want to enhance their shot control abilities. The main factors which influence purchasing decisions in this wide market segment include lightweight construction and easy handling of squash rackets. Wilson Sporting Goods and Prince Global Sports maintain their market leadership through their affordable club level squash equipment which provides comfortable playability at competitive prices. The tour inspired technologies from HEAD Sport GmbH and Dunlop Sport appear in their mid range product lines to help players who want to advance their skills toward tournament level squash rackets.

Impact of Industry Transitions on the Squash Rackets Market

As a core segment of the Sports Gear & Equipment industry, the Squash Rackets market develops in line with broader industry shifts. Over recent years, transitions such as Advanced Performance Engineering and Sustainable Materials and Circularity have redefined priorities across the Sports Gear & Equipment sector, influencing how the Squash Rackets market evolves in terms of demand, applications and competitive dynamics. These transitions highlight the structural changes shaping long-term growth opportunities.
01

Advanced Performance Engineering

The transition towards Advanced Performance Engineering in the squash rackets market is revolutionizing product design, driven by innovations in lightweight graphite materials and enhanced vibration dampening grommet systems. This evolution not only caters to the precise needs of professional players but also creates a strategic opportunity for manufacturers to leverage high performance designs across tennis and padel markets. As a result, the ecosystem surrounding squash rackets is poised for significant growth, with projections indicating an additional $4 million in product sales by 2025. This shift underscores the critical demand for advanced carbon composite materials, propelling technological advancements in string manufacturing and expanding the high end product offerings in sports retail and digital training systems globally.
02

Sustainable Materials and Circularity

The sporting goods industry faces changes in its procurement systems and product design and after sales operations because of the fast moving shift toward sustainable materials and circularity in squash racket production. Brands now test bio based resins and recycled carbon fibers and extended life high performance squash rackets which maintain their playing ability while minimizing their environmental effects. The industry now promotes recycling partnerships between composite processing facilities while sports retailers need to modify their packaging requirements and clothing and shoe manufacturers should connect their sustainability messages to develop complete eco friendly product lines which target environmentally aware racket sports enthusiasts.