The Table Tennis Equipment Market in Thailand displayed fluctuations from 2012 to 2022. A marked decline was noticed from 2012 to 2014, followed by a modest increase till 2016, and a significant rise in 2017. The market again exhibited minimal decrease up until 2019, with a sharp drop in 2020 likely impacted by global events. However, a recovery trend is indicated in 2021 with substantial growth, although slight decline resumed in 2022. Over the last five years, the market shows an average annual contraction of 0.59%.
Future trends to watch for:
- Potential market recovery influenced by post-pandemic economic policies.
- Emerging demand due to increased fitness and recreational activities.
- Technological advancements in table tennis equipment.
- Growth in e-commerce impacting buying behaviors for sporting goods.
