Forecast: Golf Balls Market Size Value in India

In 2023, the Golf Balls Market Size Value in India stood at 5.2903 million US dollars. Over the past two years, the market has seen a modest year-on-year growth rate of approximately 0.45%, and a five-year compounded annual growth rate (CAGR) of 0.32%.

Looking forward to 2028, we forecast an average annual growth rate of 0.34%, signaling a stable but slow growth trajectory. The five-year forecasted overall growth rate stands at approximately 1.72%, indicating a steady market presence with minimal fluctuations.

Future trends to watch for:

  • Emerging technology in manufacturing processes improving performance and durability.
  • Increasing popularity of golf as a leisure and professional sport in urban centers.
  • Potential fluctuations in consumer spending and economic conditions affecting discretionary purchases.

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