The Lawn-Tennis Balls Market in Canada experienced fluctuations over the past decade. The market peaked in 2015 with a value of 17.72 million USD, followed by a significant drop in 2016 to 13.97 million USD. From 2017 onwards, the market showed a moderate recovery, reaching 16.227 million USD in 2019. However, the years 2020 and 2021 saw decreased demand, likely due to the pandemic, with slight recovery in 2021 and 2022, closing at 15.734 million USD in 2022. Year-on-year variations indicate the market's volatility, while the last five-year CAGR revealed an average annual variation of 1.92%.
Future trends to watch for include:
- A potential increase in demand driven by the resumption of sports activities post-pandemic.
- Technological advancements in product materials improving durability and performance.
- Emerging trends in eco-friendly products may impact the market positively.
- Market expansion driven by an increase in tennis popularity and government initiatives promoting sports.
How does Canada rank in Lawn-Tennis Balls Market Size Value?
| # | 22 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 419,610,000 | 2023 | -0.12% | +0.33% | View data |
| 2 | 2 China | 230,390,000 | 2023 | +5.93% | +4.31% | View data |
| 3 | 3 Japan | 107,930,000 | 2023 | -1.46% | -0.28% | View data |
| 4 | 4 France | 96,939,000 | 2023 | +0.15% | +0.32% | View data |
| 5 | 5 Germany | 79,739,000 | 2023 | +0.82% | +0.46% | View data |
| 7 | 7 Italy | 30,969,000 | 2023 | +5.18% | +5.18% | View data |
| 8 | 8 Australia | 28,159,000 | 2023 | +0.66% | +0.44% | View data |
| 9 | 9 Canada | 15,746,000 | 2023 | +0.077% | +1.45% | |
| 10 | 10 Sweden | 14,308,000 | 2023 | +3.36% | +3.95% | View data |
| 11 | 11 Switzerland | 8,225,200 | 2023 | +1.92% | +1.9% | View data |
