The Lawn-Tennis Rackets Market in China experienced fluctuating growth patterns between 2012 and 2022. The market saw significant growth in 2015 with a year-on-year increase of 20.64%, followed by a peak value of 122.86 million USD in 2016. However, this peak was succeeded by a declining trend with notable decreases in 2017 and 2018. Although a slight recovery was observed in 2019 with a 4.24% increase, the market struggled with small variations and slight downturns in the following years. The CAGR from 2018 to 2022 was -0.57%, exhibiting an overall minor decline.
Future trends to watch for include potential impacts from increased fitness awareness and the rising popularity of tennis in China. Advances in racket technologies and increasing disposable incomes may also drive growth. Monitoring shifts in consumer preferences and the effects of global supply chain dynamics will be crucial for understanding market direction.
