Why to Invest in Padel?
Jul. 02, 2024
Why to Invest in Padel?
Padel has gained tremendous popularity due to its simplicity and similarities with existing racket sports.
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It is a mix of Tennis and Squash. It is generally played in doubles, and the ball is allowed to touch the surrounding walls after it bounces off the floor. It follows the same point system as Tennis but with an underhand service. To know more about the rules & regulations, click https://inpadel.in//03/01/basic-rules-padel-india/
Why to Invest in Padel?
1) High Profitability/ Greater ROI (Return on Investment):
One Padel court occupies less than half the size of a Tennis court. (1 Tennis court* = 2/3 Padel courts). Typically, only two people play tennis. Padel is mostly played by four players. Once one Tennis court is converted into three Padel courts; in the same space where only two people played tennis (1 Tennis court), now 12 people would play Padel (3 Padel courts). This approach means that charging the same proportional price as in Tennis, the Padel player would pay half of the price to use the court and at the same time, the club could enjoy triple of the profit.
* Depending on the surrounding area of a Tennis court (up to three Padel courts can be installed)
Padels wide appeal has potential to be a strong commercial proposition for tennis clubs, many of which are losing members to other leisure activities such as crossfit, the fitness programme, or yoga.
Four years ago there were around 100 courts in Europe outside Spain, says Matt Barrelle, President of the Australian Padel Federation, who has spent a career at the intersection of sport and business. Now theres 1,000 and thats doubling every year in terms of the growth rate.
2) Padel is Fun!
Padel is an addictive sport for anyone who tries it! It is an easy game to learn, as compared to Tennis or Squash and does not require much physical activity or technical skills. It follows the same rules as Tennis. It can be played with mixed couples, among all family members, seniors and it is also accessible to children. It can be played both, indoors and outdoors and at all hours of the day, since the installation includes 8 lighting posts to prevent any shadows. Padel gives the players the opportunity to socialise easily and encourages them to participate in social sporting events, tournaments and championships. In Europe, many famous people and celebrities are practicing it and some are even investing in this fast growing and successful business (Rafael Nadal, Novak Djokovic, Emilio Sánchez-Vicario, José Maria Aznar, David Lloyd, Henri Leconte etc.)
Whereas tennis is dependent on an individuals physical aptitude and technique, the progression curve in padel is smoother, notes Leconte. You can enjoy a game after two hours of play, even if you had never held a racket in your hands. So the public is potentially wider. In Spain, 40 per cent of the players are ladies.
There is no tennis-serve to master: a padel serve is underarm. The smaller court size means rallies are longer and padel supporters claim the sport is twice as aerobic as tennis where more time is wasted between points. In tennis clubs in France and Italy we are seeing more people pick up a Padel racket, which counts towards more participation in tennis, and it recycles players back into the game. That could be as players or spectators.
3) Major Health Benefits
Like any another sport, the practice of Padel has positive benefits for our health and body. On one hand the physical activity increases, the coordination of both legs and arms improves along with toning the entire body.
On the other hand, psychologically, Padel it is an excellent game, due to the benefits of increased self-esteem and confidence. It is a socialising sport because you need 4 players and is usually played between friends and families.
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Advantages of Playing Padel:
- Easy to learn
- Inter-generational sport
- Improves Agility & Fitness
- Less Physical Strength required
- Socially Enjoyable
- Improves Team bonding
- Physical development
- Improves coordination
- Develops Psychomotor skills (hand-eye coordination)
- Improves Reflexes
- Strengthens Muscles
- Builds Endurance
- Increases Flexibility
- Builds Resilience
- Increases Mobility
- Builds Self confidence
- Increases Self esteem
- Exciting & Highly Addictive
4) Safe Courts, Quick Installation & Easy Maintenance:
Padel Courts are made of the highest quality materials and systems, providing a reliable and safe court within a competitive price, which guarantees the product, a long life with just a simple systematic maintenance required. The cost and installation time of the slab or foundation depends on the soil conditions and its previous analysis. Over the slab or foundation a layer of turf (an special artificial grass) is installed. The most common standard colours for turf are: green, blue and dark brown, but it can also be customised.
Italy boasted 178 padel courts in April, up 278 per cent over the previous year, while France recorded 210 courts, up 94 per cent, according to La Comisión Española para la Industria del Padel, an industry body. The UK had 32 courts dotted around the country, according to British Padel.
Even more striking, by padel overtook tennis to become Spains second biggest participation sport after football, according to the World Padel Club. But outside Spain the padel business remains in its infancy.
5) Good with the Environment:
Approximately 90% of the materials used to build the courts are recyclable, mostly steel and tempered glass. The lighting is directed down to avoid unnecessary light pollution and the system allows the option to use LED lamps, with a much lower power consume, instead of the regular 400W halogen lamps.
Global Padel Growth & Stats
It has gained tremendous popularity due to its simplicity and similarities to already existing racket sports.
Industry worth- estimated at 500 million euros
- 100 courts in Europe (excluding Spain.) - Around courts and doubling every year.
Played by 20 million players in 30 countries across 5 continents.
There are more than 15,000 Padel courts worldwide today compared to the 5,000 courts in .
total sale of 500,000 Padel rackets compared to the estimated 160,000 sold 10 years ago.
As for clubs, growth of over 12% from to total clubs.
Spain Leading the way
- Second most played sport in Spain
- 6-10 million participants
- Every year, around 900,000 Padel rackets are sold compared to 400,000 tennis rackets.
- 2,149 clubs and 10,229 courts.
Growth in other countries
- Argentina 25,000 courts and 4.5 million players
- Brazil More than 300 Courts
- Portugal More than 100 courts. - players
- France 94% growth rate in 1 year. 210 courts
- Italy 278% growth rate in 1 year. 178 courts and 98 clubs
- Sweden Annual growth rate- 244%. 93 courts and 38 clubs.
- Belgium- Padel On The Move, Project aim: 150 courts and 10,000 members by the end of .
- UK 76% growth rate in 1 year
- USA 6,000 players
- Germany 23 clubs and 35 courts
- India InPadel Sports is the First Padel Court Supplier in India. Established in , the companys aim is to promote and develop and sport of Padel across the country by offering top quality Padel services.
Padel has proven to be Revolutionary, Successful, Profitable & Affordable.
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