The table tennis equipment market in New Zealand has experienced fluctuations between 2013 and 2023, with a decrease from $0.82 per capita in 2013 to $0.63 per capita in 2023. There was a declining trend between 2013 and 2016, stabilizing around 2017-2020, before a gradual decline resumed through to 2023. The year-on-year variations over the last two years demonstrate a decrease of approximately 3% in 2022 and about 2% in 2023. The compound annual growth rate over the last five years indicates a downturn of about 3% annually.
Future trends to watch for include:
- Potential impacts of increased interest in indoor sports post-pandemic.
- Technological advancements in equipment that may boost market value.
- The influence of social media on sport popularity and consumer purchasing behavior.
| # | 17 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 1.6 | 2023 | View data | ||
| 2 | 2 France | 1.35 | 2023 | View data | ||
| 3 | 3 Switzerland | 1.32 | 2023 | View data | ||
| 4 | 4 South Korea | 1.22 | 2023 | View data | ||
| 5 | 5 Australia | 1.18 | 2023 | View data | ||
| 6 | 6 Sweden | 1.13 | 2023 | View data | ||
| 7 | 7 Germany | 0.81 | 2023 | View data | ||
| 8 | 8 New Zealand | 0.63 | 2023 | |||
| 9 | 9 United Kingdom | 0.6 | 2023 | View data | ||
| 10 | 10 Chile | 0.49 | 2023 | View data | ||
