“Padel Retail Goes Global”

1. Global market overview
The global padel market was valued at USD 222.3 million in 2023 and is forecast to reach USD 426.2 million by 2032, with an annual growth rate of 7.5%. Racket sales remain the main driver, projected to grow by over 12% annually until 2032.

2. Retail transformation factors

• Infrastructure expansion: New clubs and courts are opening across Europe, the Americas, and Asia, driving demand for local distribution and in-club shops.

• Experiential and omnichannel retail: Customers expect demo zones, expert advice, and integrated online-to-offline services such as click & collect.

• Premium and collector demand: Limited editions and collaborations with players fuel brand margins.

• Private labels and hybrid models: Retailers launch own brands or subscription services to diversify revenue.

3. Case examples

• Padel Pro Shop (Spain) scaled from modest investment to €16.5M turnover in 2024, proving the strength of online-first models.

• Hexagon Cup boosts retail visibility through live activations.

• Germany projects tens of thousands of new courts, opening opportunities for retailers in untapped regions.

4. Opportunities
Growth in the U.S. and Asia, smart equipment, sustainability programs, and fashion-sports collaborations.

5. Risks
Market saturation, logistics costs, inventory challenges, and overreliance on sports trends.

Conclusion
Padel retail is shifting from pure sales to building experiences and communities. Success will depend on synchronizing digital presence, physical retail, product innovation, and local engagement.