The Lawn-Tennis Rackets market size value per capita in Norway has shown a consistent decline from 2013 to 2023, with a decrease from $0.59 in 2013 to $0.43 in 2023. The market experienced a gradual decline year-on-year, with a notable dip post-2016. Over the last two years (2022 to 2023), there was a 2.27% decrease. The five-year compound annual growth rate (CAGR) reflects an average reduction of 0.90% per annum from 2018 to 2023, indicating a steady downturn in market value per capita.
Future trends to watch include increased interest in sustainable and innovative racket materials, as well as the potential impact of tennis sports promotion among younger demographics which might stabilize or reverse the declining trend.
