The Lebanon lawn-tennis balls market reached a size of $576.38 thousand in 2023. Over the last decade, the market exhibited fluctuations, peaking in 2016. In recent years, the market has shown recovery with a modest positive trend, marked by increases in 2021 and 2022. The Compound Annual Growth Rate (CAGR) over the last five years stands at approximately 2.29%.
Future trends to watch for include:
- Increased participation in tennis, potentially driving demand.
- Technological advancements in ball durability and performance.
- Potential economic fluctuations impacting consumer purchasing power.
How does Lebanon rank in Lawn-Tennis Balls Market Size Value?
| # | 22 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 419,610,000 | 2023 | -0.12% | +0.33% | View data |
| 2 | 2 China | 230,390,000 | 2023 | +5.93% | +4.31% | View data |
| 3 | 3 Japan | 107,930,000 | 2023 | -1.46% | -0.28% | View data |
| 4 | 4 France | 96,939,000 | 2023 | +0.15% | +0.32% | View data |
| 5 | 5 Germany | 79,739,000 | 2023 | +0.82% | +0.46% | View data |
| 19 | 19 Hungary | 1,208,400 | 2023 | -0.27% | -0.28% | View data |
| 20 | 20 Costa Rica | 751,580 | 2023 | +1.77% | +2.78% | View data |
| 21 | 21 Lebanon | 576,380 | 2023 | +1.39% | +2.29% | |
| 22 | 22 Barbados | 88,450 | 2023 | -2.69% | -2.7% | View data |
