The per capita value of the golf balls market in Switzerland declined from 2013 to 2023, starting at $1.43 and decreasing to $1.27. The market experienced fluctuations, with notable declines in 2015 and 2017, while 2018 saw an increase. From 2022 to 2023, the market continued to slightly decrease, showing a post-pandemic slowdown. The compound annual growth rate (CAGR) over the last five years shows a marginal negative trend, indicating a gradual decline in market value per capita.
Looking ahead, potential trends could include innovations in golf ball technology and sustainable materials, which could attract interest and potentially expand the market. Additionally, the growing popularity of golf among different demographics may introduce new consumer segments, influencing future market dynamics.
| # | 19 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 South Korea | 6.12 | 2023 | View data | ||
| 2 | 2 Sweden | 3.74 | 2023 | View data | ||
| 3 | 3 Australia | 3.7 | 2023 | View data | ||
| 4 | 4 Japan | 3.49 | 2023 | View data | ||
| 5 | 5 New Zealand | 2.29 | 2023 | View data | ||
| 10 | 10 Denmark | 1.6 | 2023 | View data | ||
| 11 | 11 Norway | 1.56 | 2023 | View data | ||
| 12 | 12 Switzerland | 1.27 | 2023 | |||
| 13 | 13 Spain | 0.41 | 2023 | View data | ||
| 14 | 14 China | 0.16 | 2023 | View data | ||
