The Lawn-Tennis Balls market in Australia stood at 28.159 million USD in 2023. Over the last two years, the market experienced modest growth, with a year-on-year variation of 0.68% in 2022 and 0.66% in 2023. The Compound Annual Growth Rate (CAGR) over the past five years has been 0.44%. Looking ahead from 2024 onwards, the market is projected to expand at a CAGR of 0.53%, signaling steady annual growth, with the market expected to reach 29.123 million USD by 2028.
Future trends to watch for include:
- Increasing interest in lawn tennis as a recreational activity.
- Potential market saturation impacting growth rates.
- Innovations in ball technology influencing sales dynamics.
