The import of lawn-tennis rackets to India is forecasted to grow progressively from 2024 to 2028, starting at 2.0192 million in 2024. In 2023, the imports were slightly lower, reflecting a rising trend and increasing demand. The year-on-year growth rate suggests a steady increase each year, with the compound annual growth rate (CAGR) over the 5-year period being indicative of a robust market expansion for these goods in India.
Future trends to watch for:
- Potential shifts in consumer preferences towards premium or innovative racket brands.
- Economic factors affecting disposable income and leisure spending in India.
- Impact of domestic manufacturing capabilities and government policies on imports.