Pickleball Boom in India: Sport, Fitness & Fast Returns
In recent years, India has witnessed a surge in popularity of pickleball, a paddle sport that combines elements of tennis, badminton, and table tennis. The sport, which was introduced to India just a decade ago, has grown exponentially, with over 1,200 courts established across the country. The rapid growth of pickleball in India is not only attributed to its unique blend of fitness and fun but also to its lucrative business model, which offers low setup costs and high profits.
Pickleball is a sport that requires minimal equipment and can be played by people of all ages and skill levels. It is a social game that encourages camaraderie and teamwork, making it an attractive option for those looking for a fun and engaging way to stay fit. The sport has gained immense popularity among India’s youth, who are trading club nights for pickleball, a trend that is expected to continue in the coming years.
The boom in pickleball’s popularity can be attributed to several factors. Firstly, the sport is easy to learn and play, making it an attractive option for those who are new to sports. Secondly, pickleball is a social game that encourages interaction and teamwork, making it an excellent way to meet new people and build relationships. Finally, the sport is an excellent way to stay fit, providing an intense workout that can be enjoyed by people of all ages and fitness levels.
The business model surrounding pickleball is also a major factor in its growing popularity. The sport requires minimal equipment and infrastructure, making it an attractive option for entrepreneurs and investors. The setup costs for a pickleball court are relatively low, ranging from ₹5 lakh to ₹10 lakh, depending on the location and infrastructure. This low setup cost makes it an attractive option for those looking to invest in a new business or franchise.
The potential for profits in the pickleball industry is also significant. With over 1,200 courts established across India, the sport has a large customer base and a significant market share. The average revenue per user (ARPU) for a pickleball court is around ₹1,500 to ₹2,000 per hour, making it an attractive option for entrepreneurs and investors. The sport is also growing rapidly, with new courts and facilities being established every month, providing a significant opportunity for growth and expansion.
The potential of the pickleball industry in India is immense, with projections suggesting that the industry will surpass ₹7,500 crore by 2030. The industry is expected to grow at a compound annual growth rate (CAGR) of 20% to 25% over the next five years, making it one of the fastest-growing industries in the country.
The growth of pickleball in India is also attracting international attention, with several global players entering the Indian market. The sport is being promoted aggressively by the International Federation of Pickleball (IFP), which has established a presence in India to promote the sport and provide training and certification to coaches and players.
The growth of pickleball in India is not only good news for entrepreneurs and investors but also for the country’s sports and fitness industry. The sport provides an excellent way for people to stay fit and healthy, and its social nature encourages interaction and teamwork, making it an excellent way to build relationships and build a sense of community.
In conclusion, the pickleball boom in India is a significant trend that is expected to continue in the coming years. The sport’s unique blend of fitness and fun, combined with its low setup costs and high profits, makes it an attractive option for entrepreneurs and investors. With over 1,200 courts established across the country and a growing customer base, the potential for growth and expansion is significant. The sport’s growth is expected to surpass ₹7,500 crore by 2030, making it one of the fastest-growing industries in the country.
Source: https://ascendants.in/business-stories/pickleball-growth-india-sport-business/
