The table tennis equipment market in Sweden has shown significant fluctuations over the past years. After a steady decline from 2013 to 2015, the market saw a slight recovery in 2016 and 2017. A sharp drop was noted in 2018 and 2019, which intensified in 2020 with a major decline. However, a substantial rebound occurred in 2021, leading to moderate growth in 2022. By 2023, the market stood at 11.886 million USD, witnessing only a slight decline from the previous year. The five-year CAGR reflects an average annual decrease of 1.23%.
For future trends, consider the following:
- Monitoring consumer spending patterns as economic conditions fluctuate.
- Analyzing shifts towards online purchasing and its impact on market dynamics.
- Observing potential innovations in product lines that might drive demand.
- Evaluating the role of sports promotion by local associations or government policies.
How does Sweden 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 |
| 8 | 8 Canada | 21,200,000 | 2023 | +1.44% | +1.05% | View data |
| 9 | 9 Italy | 18,891,000 | 2023 | -5.11% | -4.84% | View data |
| 10 | 10 Sweden | 11,886,000 | 2023 | -1.01% | -1.23% | |
| 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 |
