The lawn-tennis balls market size value per capita in Japan experienced a gradual decline from 2013 to 2023, with a peak in 2013 at $1.17 and a low in 2020 at $0.85. The value stood at $0.86 in 2023. Over the last year (from 2022 to 2023), the market saw a marginal decline of approximately 1.15%, while the two-year period (2021 to 2023) witnessed a minor increase of about 2.27%, indicating slight fluctuations within a narrow range. The five-year Compound Annual Growth Rate (CAGR) suggests a negligible decline, highlighting a relatively stable market with minor variations.
Looking forward, potential factors influencing trends include demographic shifts, growing interest in sports and wellness activities, and innovative product developments. These elements will be crucial in determining whether the market stabilizes, grows, or declines in the coming years.
| # | 17 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 France | 1.43 | 2023 | View data | ||
| 2 | 2 Sweden | 1.27 | 2023 | View data | ||
| 3 | 3 Germany | 0.95 | 2023 | View data | ||
| 4 | 4 Switzerland | 0.94 | 2023 | View data | ||
| 5 | 5 Japan | 0.86 | 2023 | |||
| 6 | 6 United Kingdom | 0.68 | 2023 | View data | ||
| 7 | 7 Finland | 0.52 | 2023 | View data | ||
