Denmark’s Viktor Axelsen and China’s Taipei’s Tai Tzu Ying were named Male and Female player of the year 2021 respectively by the Badminton World Federation (BWF). It was the first season-ending award in this category for both Vicktor Axelsen and Tai Tzu Ying — the All England champions of 2020. Viktor Axelsen is the Olympic champion and Tai Tzu Ying is the Tokyo Games, silver medallist. Viktor Axelsen was rewarded for his extraordinary run starting from the Barcelona Spain Masters in February 2020.
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Other awards:
| Category | Name |
| Most improved player of the Year | Lee Yang and Wang Chi-Lin |
| Pair of the Year | Greysia Polii and Apriyani Rahayu |
| Para Badminton Pair of the Year | Lucas Mazur and Faustine Noel |
| Female Para Badminton Player of the Year | Leani Ratri Oktila |
| Male Para Badminton Player of the Year | Qu Zimo |
| Eddy Choong Most Promising Player | Kunlavut Vitidsarn |
| Special mention | Kevin Cordon |
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