The table tennis equipment market in Croatia experienced fluctuations from 2013 to 2023, starting at a value of 1.3426 million USD in 2013 and decreasing to 0.95947 million USD by 2023. The market saw a significant decline in 2015 and a drastic drop in 2020, likely due to external factors such as reduced sports activities. Though there was some recovery in 2021, the value remained below the 2013 figures, showcasing a negative compound annual growth rate over the past five years, indicating a challenging market environment.
Future trends to watch for include:
- Recovery post-pandemic as sports activities increase.
- Digital transformation and online sales channels potentially boosting market reach.
- Growing interest in indoor sports and lifestyle changes potentially increasing demands.
How does Croatia 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 |
| 17 | 17 Finland | 1,503,000 | 2023 | +0.49% | -0.76% | View data |
| 18 | 18 Slovakia | 1,479,600 | 2023 | +3.98% | +0.88% | View data |
| 19 | 19 Croatia | 959,470 | 2023 | -2.12% | -2.04% | |
