The Badminton Rackets Market Size Value Per Capita in the Philippines showed a steady increase from 2012 to 2022, with some fluctuations, reaching 0.059 Percent US Dollars in 2022. Observing the year-on-year variations, the market exhibited consistent growth with a slight contraction in 2020 due to the pandemic, before rebounding in subsequent years.
In terms of the last five-year period, calculated using the Compound Annual Growth Rate (CAGR), the market demonstrated an average annual increase. Moving forward, expect market dynamics to be influenced by rising popularity in urban areas and increased participation in sports activities. Watch for trends in consumer spending and economic climate which may impact future growth.
| # | 21 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 France | 1.04 | 2023 | View data | ||
| 2 | 2 Japan | 0.94 | 2023 | View data | ||
| 3 | 3 Norway | 0.79 | 2023 | View data | ||
| 4 | 4 United Kingdom | 0.77 | 2023 | View data | ||
| 5 | 5 South Korea | 0.68 | 2023 | View data | ||
| 18 | 18 Thailand | 0.18 | 2023 | View data | ||
| 19 | 19 Bosnia and Herzegovina | 0.093 | 2023 | View data | ||
| 20 | 20 Philippines | 0.06 | 2023 | |||
| 21 | 21 Morocco | 0.013 | 2023 | View data | ||
