The lawn-tennis balls market in Lebanon experienced fluctuations between 2013 and 2023, with a noticeable peak in 2016 at $0.09 per capita and declines in subsequent years. By 2023, the value stood at $0.076 per capita, showing a marginal decrease from the previous year. Over the last two years, the year-on-year variations were relatively stable, fluctuating around the $0.077 mark. The compound annual growth rate (CAGR) over the last five years indicates a slight downward trend, illustrating stagnation in market growth.
Future trends to watch include potential impacts from economic changes, shifts in consumer preferences, and increased local sporting events which may stimulate renewed interest in lawn-tennis, potentially enhancing the demand for tennis balls. Monitoring these factors will be crucial for prospects in the Lebanese market.
| # | 17 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 France | 1.43 | 2023 | View data | ||
| 2 | 2 Sweden | 1.27 | 2023 | View data | ||
| 3 | 3 Germany | 0.95 | 2023 | View data | ||
| 4 | 4 Switzerland | 0.94 | 2023 | View data | ||
| 5 | 5 Japan | 0.86 | 2023 | View data | ||
| 15 | 15 Costa Rica | 0.15 | 2023 | View data | ||
| 16 | 16 Hungary | 0.13 | 2023 | View data | ||
| 17 | 17 Lebanon | 0.076 | 2023 | |||
