In 2023, the import of lawn-tennis balls to Japan stood at approximately 34 million. The forecast for 2024 indicates a slight increase to 34.754 million, with a steady annual rise reaching 37.152 million by 2028. This demonstrates a consistent year-on-year growth rate, implying a favorable market trajectory. The Compound Annual Growth Rate (CAGR) from 2024 to 2028 reflects steady average annual growth.
Future trends to watch for:
- Potential impact of new sporting events in boosting demand.
- Innovations in sustainability influencing consumer preferences.
- Economic factors such as trade agreements affecting import costs.
