The Lawn-Tennis Rackets Market Size Value Per Capita in Spain recorded a slight decline from $0.66 in 2013 to $0.61 by 2023, showcasing a compound annual decline rate over the past decade. The year-on-year percentage change from 2022 to 2023 remained stable at zero. Between 2018 and 2023, the compound annual growth rate (CAGR) was consistently negative as the market contracted. This trend reflects a general decline in consumer spending on lawn-tennis rackets per individual, possibly influenced by changing sports preferences or economic factors.
Future trends to watch for include:
- Potential resurgence in market value as economic conditions improve post-2023.
- Growing interest in paddle tennis, potentially affecting lawn-tennis equipment sales.
- Technological advancements in racket materials and design, possibly spurring renewed interest.
- Initiatives to promote tennis post-sporting events could impact consumer behavior positively.
| # | 17 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Switzerland | 1.11 | 2023 | View data | ||
| 2 | 2 Australia | 0.97 | 2023 | View data | ||
| 3 | 3 Japan | 0.95 | 2023 | View data | ||
| 4 | 4 Sweden | 0.78 | 2023 | View data | ||
| 5 | 5 New Zealand | 0.73 | 2023 | View data | ||
| 6 | 6 Spain | 0.61 | 2023 | |||
| 7 | 7 Finland | 0.61 | 2023 | View data | ||
| 8 | 8 Denmark | 0.54 | 2023 | View data | ||
