The Lawn-Tennis Balls market in New Zealand has shown a consistent decline in value per capita from 2013 to 2023, with a shift from $1 to $0.43 in 2023, reflecting an ongoing downward trend over the last decade. The year-on-year decrease accelerated significantly from 2021 to 2023, showing percentage downturns of -15.6% and -9.4% respectively. The compound annual growth rate (CAGR) over the last five years is approximately -11.6%, indicating a persistent contraction in market size per capita.
Looking forward, notable trends to monitor include the potential impacts of technology advancements in tennis equipment and changes in sports participation rates, which could either accelerate or stabilize this declining market.
| # | 17 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 France | 1.43 | 2023 | View data | ||
| 2 | 2 Sweden | 1.27 | 2023 | View data | ||
| 3 | 3 Germany | 0.95 | 2023 | View data | ||
| 4 | 4 Switzerland | 0.94 | 2023 | View data | ||
| 5 | 5 Japan | 0.86 | 2023 | View data | ||
| 8 | 8 Italy | 0.49 | 2023 | View data | ||
| 9 | 9 Croatia | 0.44 | 2023 | View data | ||
| 10 | 10 New Zealand | 0.43 | 2023 | |||
| 11 | 11 Canada | 0.41 | 2023 | View data | ||
| 12 | 12 Chile | 0.21 | 2023 | View data | ||
