The Badminton Rackets Market Size Value Per Capita in Switzerland has shown a downward trend from 2013 to 2023. The value per capita decreased from $0.85 in 2013 to $0.48 in 2023. Recent years, particularly the last two, witnessed a sharper decline. In 2022, the market value shrunk by 7.27% compared to 2021 and further reduced by 5.88% in 2023 over 2022. The compound average growth rate (CAGR) for the period from 2018 to 2023 reflects a yearly average decline of approximately 4.47%.
Future trends to watch for include:
- Potential revival in sports activities post-pandemic.
- Shifting consumer preferences towards more innovative and sustainable sports equipment.
- Economic factors influencing discretionary spending on sports goods.
| # | 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 | ||
| 8 | 8 Germany | 0.57 | 2023 | View data | ||
| 9 | 9 Canada | 0.51 | 2023 | View data | ||
| 10 | 10 Switzerland | 0.48 | 2023 | |||
| 11 | 11 Australia | 0.38 | 2023 | View data | ||
| 12 | 12 New Zealand | 0.36 | 2023 | View data | ||
