The Lawn-Tennis Balls Market in Barbados has experienced a decline in market size value over the years, reaching 88.45 thousand USD by 2023. This represents a significant decrease from the market value in 2013, reflecting a downward trend marked by consistent year-on-year declines. The annual variation over the last two years shows a decrease of about 2.69% in 2023. Over the past five years, the compound annual growth rate (CAGR) has averaged a decrease of 2.7% per year.
Future trends to watch for include potential market stabilization or further decline, influenced by changes in consumer interest, economic shifts, and possible innovation in tennis equipment. Analyzing regional sports popularity and economic policies could offer insights into future market directions.
How does Barbados 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 |
| 20 | 20 Costa Rica | 751,580 | 2023 | +1.77% | +2.78% | View data |
| 21 | 21 Lebanon | 576,380 | 2023 | +1.39% | +2.29% | View data |
| 22 | 22 Barbados | 88,450 | 2023 | -2.69% | -2.7% | |
