In 2023, the import of lawn-tennis rackets to India was valued at approximately 4.4 million USD. From the forecasted data for 2024 to 2028, imports are expected to grow steadily, demonstrating a year-on-year increase in value. From 2024 to 2025, the increase is projected at about 4.1%, and from 2025 to 2026, approximately 3.8%. The average compound annual growth rate (CAGR) from 2024 to 2028 is estimated at around 3.7%, indicating a consistent upward trend.
Future trends to watch for include:
- The impact of changing consumer preferences towards premium and environmentally sustainable products.
- Advancements in technology that could affect costs and influence import demand.
- Potential trade policy changes that might influence import dynamics.
