The table tennis equipment market in Poland has shown significant fluctuation over the past decade. Peaking at $9.37 million in 2013, the market generally trended downward until 2020, when it hit a low of $2.36 million. A notable rebound occurred in 2021 with a 117.25% increase, bringing it to $5.13 million. As of 2023, the market value stands at $5.31 million, reflecting a modest 3.55% decrease from the previous year. Over the last five years, the compound annual growth rate (CAGR) averaged at -3.76%, indicating a gradual decline.
Future trends to watch for include increasing participation in table tennis as a recreational sport, potential economic recovery, and the influence of e-commerce on equipment sales. These factors may contribute to a steady or slight uptick in market size in the coming years. Additionally, technological advancements in equipment materials might also attract a new customer base, providing opportunities for growth.
How does Poland rank in Table Tennis Equipments Market Size Value?
| # | 19 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 443,980,000 | 2023 | +1.18% | +1.34% | View data |
| 2 | 2 Japan | 201,300,000 | 2023 | +1.05% | +1.06% | View data |
| 3 | 3 France | 90,989,000 | 2023 | +0.017% | +0.24% | View data |
| 4 | 4 Germany | 67,744,000 | 2023 | +0.51% | +0.84% | View data |
| 5 | 5 South Korea | 63,263,000 | 2023 | +2.27% | +1.98% | View data |
| 11 | 11 Switzerland | 11,596,000 | 2023 | +0.69% | +0.98% | View data |
| 12 | 12 Chile | 9,575,500 | 2023 | +0.55% | +1.04% | View data |
| 13 | 13 Poland | 5,309,100 | 2023 | -3.55% | -3.76% | |
| 14 | 14 South Africa | 3,803,000 | 2023 | +2.47% | +1.5% | View data |
| 15 | 15 New Zealand | 3,392,800 | 2023 | -0.27% | -1.46% | View data |