The badminton rackets market in Portugal saw a generally stable value per capita from 2013 to 2017, with minor fluctuations. It increased notably from 2018, marking a significant rise by 2020, and remained stable through 2023 at $0.34 per capita. On a year-on-year basis, there was a noticeable increase of approx. 9.68% between 2018 and 2019 and a stable growth of 0% from 2021 to 2023. The CAGR from 2019 to 2023 was around 2.34%, indicating gradual market strengthening.
Future Trends to Watch For:
- Increased participation in badminton post-pandemic could drive further growth.
- Technological advancements in racket material could impact market dynamics.
- Potential environmental concerns influencing consumer choices towards sustainable badminton equipment.
| # | 21 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 France | 1.04 | 2023 | View data | ||
| 2 | 2 Japan | 0.94 | 2023 | View data | ||
| 3 | 3 Norway | 0.79 | 2023 | View data | ||
| 4 | 4 United Kingdom | 0.77 | 2023 | View data | ||
| 5 | 5 South Korea | 0.68 | 2023 | View data | ||
| 11 | 11 Australia | 0.38 | 2023 | View data | ||
| 12 | 12 New Zealand | 0.36 | 2023 | View data | ||
| 13 | 13 Portugal | 0.34 | 2023 | |||
| 14 | 14 Hungary | 0.24 | 2023 | View data | ||
| 15 | 15 Croatia | 0.23 | 2023 | View data | ||
