In 2023, the import value of lawn-tennis balls to the US stood at approximately $152 million. From 2024 onwards, forecasts indicate a steady annual import growth: $155.12 million in 2024, increasing to $163.58 million by 2028. The projected year-on-year percentage changes suggest a stable growth pattern. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is anticipated to be slightly above 1%.
Future trends to watch include:
- The impact of rising popularity of tennis in the US on import demand.
- Potential disruptions in global supply chains affecting import dynamics.
- Environmental regulations shaping the manufacturing and import of sports equipment.
- Technological advancements in tennis ball manufacturing leading to changes in consumer preference.