The table tennis equipment market in Germany exhibited fluctuations in value per capita over the past decade, notably dropping to $0.32 in 2020. This decline was primarily due to reduced consumer spending amid the pandemic. A recovery trajectory began in 2021, with a notable increase to $0.81 by 2022, maintaining this value in 2023. This reflects sustained consumer interest and pent-up demand post-COVID-19.
Year-on-year variation from 2022 to 2023 showed stability at 0%, while the 5-year CAGR signifies an average annual growth of 2.15% from 2019 to 2023.
Future trends to monitor include:
- Rising demand for at-home fitness equipment, potentially supporting market expansion.
- Influence of global economic conditions on consumer spending.
- Emergence of technological innovations in equipment, enhancing product desirability.
| # | 17 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 1.6 | 2023 | View data | ||
| 2 | 2 France | 1.35 | 2023 | View data | ||
| 3 | 3 Switzerland | 1.32 | 2023 | View data | ||
| 4 | 4 South Korea | 1.22 | 2023 | View data | ||
| 5 | 5 Australia | 1.18 | 2023 | View data | ||
| 6 | 6 Sweden | 1.13 | 2023 | View data | ||
| 7 | 7 Germany | 0.81 | 2023 | |||
| 8 | 8 New Zealand | 0.63 | 2023 | View data | ||
| 9 | 9 United Kingdom | 0.6 | 2023 | View data | ||
