The lawn-tennis balls market in South Africa showed a mix of growth and declines from 2013 to 2023, with notable fluctuations. Initially, the market experienced significant growth from 2013 to 2014, followed by modest variations and occasional declines until 2023. By the end of 2023, the market was valued at 6.9598 million US dollars. Year-on-year growth for the past two years was modest at 1.54% for 2022 and 1.48% for 2023. The Compound Annual Growth Rate (CAGR) for the last five years was 1.57%.
Future trends to watch for include continuous steady growth projected from 2024 to 2028, with a forecasted 5-year CAGR of 1.16%. Consumer preferences, economic conditions, and potential new technologies or manufacturing developments could further impact market dynamics.
