The lawn-tennis rackets market in Indonesia is forecasted to maintain a stable per capita value of $0.017 from 2025 onwards, following a slight decline from $0.018 in 2024. Notably, the actual per capita value in 2023 was $0.018. Year-on-year, the market shows a minor decline of approximately 5.56% from 2023 to 2024, followed by a steady trend through to 2028. Over the five-year period, the Compound Annual Growth Rate (CAGR) indicates an average yearly decrease of about 1.12%.
Future trends to watch for include potential shifts in consumer preferences, impacts of socioeconomic factors on disposable incomes, and possible market penetration by new players offering innovative products or competitive pricing.
- Maintain stability at $0.017 per capita from 2025 to 2028
- Minor decline from $0.018 in 2023 to $0.017 in 2024
- Year-on-year decline of approximately 5.56% from 2023 to 2024
- Five-year CAGR indicating an average yearly decrease of about 1.12%