The tennis marketplace experienced some challenges through the first half of 2014, however, Q3 wholesale shipment results point to a brighter conclusion for the second half of the year.
Tennis is the only traditional participation sport to be ranked in the Top 10 in terms of participation growth, out of nearly 120 sports and activities surveyed in the recently released Physical Activity Council (PAC) 2014 Participation Report. In the U.S., tennis grew by 658,000 players, or 4%, in the last year, to bring total tennis participation to 17.68 million players, according to PAC data.
With many parts of the country finally recovering from the prolonged winter season, pro/specialty retailers saw a 1% uptick in their unit sales for the month of May as compared to the same period in 2013.
As many parts of the country begin to recover from what was a substantially extended winter season and the first signs of spring began to show, racquet unit sales in the pro/specialty retail channels increased 2% in April.
Tennis participation in the United States is up 4% in 2013 according to the latest Physical Activity Council (PAC) Participation Report, to a total of 17.68 million players. The report also indicated a rise in frequent tennis players (those who play 21+ times per year) of 5% in 2013, to 5.48 million.
The TIA will soon be publishing the fourth edition of its annual State of the Industry report, which analyzes data from the previous year collected through the nearly 80 TIA surveys and research studies and synthesizes this information into a singular easy-to-read report which narrates the story of the tennis industry.
Join your industry at the Grand Hyatt, New York, on Sunday, August 24th, for the 2014 Tennis Show, held in conjunction with the collaborative Tennis Teachers Conference just days before the 2014 US Open! This event will be a celebration of the business of tennis including an Exhibitor Show along with the 7th Annual TIA Forum and Tennis Industry Hall of Fame Induction.
According to the most recent study from the Physical Activity Council (PAC), 80.2 million Americans age 6 and up, or 27.6%, were physically inactive in 2013. This is a decrease of 0.4% from 2012 where 80.4 million, or 28%, of the population were inactive.
The first quarter of the year has been a busy one here at the Tennis Industry Association as we continue to work towards our mission of promoting the growth and economic vitality of the industry
Every two years the TIA surveys facility owners and managers across the country to develop the Cost of Doing Business Facilities Study. This year's report highlights important trends and benchmarks for this industry segment such as revenue per court, average membership dues, peak/off peak court fees, and more.