In 2023, China was the leading exporter of lawn-tennis rackets, accounting for 24.22% of global exports, followed closely by France at 24.11%. Germany and Japan held significant shares at 18.77% and 8.19%, respectively. Significant year-on-year variations included a 3.29% decline for China and a 7.28% increase for the United Kingdom. Noticeably, Poland and Croatia saw remarkable growth at 17.59% and 24.55%, respectively. Meanwhile, the United States witnessed a substantial decline of 12.63%. Over the past five years, the global CAGR highlighted moderate growth in key markets.
Future trends to watch in the global export of lawn-tennis rackets include an increasing focus on sustainable manufacturing processes and materials. In addition, technological innovations in racket design could shift market dynamics. Emerging exporters from Asia and Eastern Europe are expected to gain market share, driven by competitive pricing and quality improvements. Monitoring currency fluctuations and international trade policies will be crucial for strategic decision-making in this sector.
Top countries in Export of Lawn-Tennis Rackets Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 24.22 | 2023 | -2.87% | -3.29% | View data |
| 2 | 2 France | 24.11 | 2023 | +0.88% | +0.51% | View data |
| 3 | 3 Germany | 18.77 | 2023 | +1.82% | +2.79% | View data |
| 4 | 4 Japan | 8.19 | 2023 | +4.56% | +4.13% | View data |
| 5 | 5 Austria | 6.11 | 2023 | -6.34% | -5.46% | View data |
| 6 | 6 United Kingdom | 4.15 | 2023 | +3% | +7.28% | View data |
| 7 | 7 Belgium | 3.88 | 2023 | -1.87% | -3.95% | View data |
| 8 | 8 Netherlands | 2.03 | 2023 | -14.37% | +9.88% | View data |
| 9 | 9 Spain | 2.02 | 2023 | +2.04% | +7.51% | View data |
| 10 | 10 Pakistan | 1.17 | 2023 | +4.45% | +4.57% | View data |
