From 2013 to 2023, the value per capita of the table tennis equipment market in Thailand displayed a fluctuating trend. It peaked in 2017 at $0.081 and hit a low in 2020 with $0.065, affected likely by the pandemic, before stabilizing at $0.078 from 2021 to 2023. This represents a year-on-year increase of 0% from 2022 to 2023 and a CAGR of about 0.51% from 2018 to 2023. The consistency post-pandemic suggests a recovering interest in table tennis, although growth is modest.
Future trends to watch for include:
- Potential growth in recreational sports linked to increased health consciousness.
- The influence of e-commerce on equipment sales and distribution.
- Rising interest in indoor sports due to changing weather patterns and urbanization.