The Badminton Rackets market size value per capita in Belgium experienced steady growth from 2013 to 2023, with a notable increase from $0.48 in 2013 to $0.67 in 2023. Between 2022 and 2023, the market saw a year-on-year increase of 3.1%. Looking at the last five years, the market exhibited a compound annual growth rate (CAGR) of approximately 2.92%. This indicates a positive upward trend in consumer spending on badminton rackets.
Future trends to watch for include the impact of increased health and fitness awareness, which may drive further market growth. Additionally, developments in racket technology and a growing interest in recreational sports could enhance market demand.
| # | 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 | ||
| 6 | 6 Belgium | 0.67 | 2023 | |||
| 7 | 7 Austria | 0.61 | 2023 | View data | ||
| 8 | 8 Germany | 0.57 | 2023 | View data | ||