The Costa Rican lawn-tennis balls market showed consistent growth from 2013 to 2023, culminating at a market size of 751.58 thousand US dollars in 2023. After an initial rise in the early 2010s, a slight downturn occurred between 2015 and 2018. The market rebounded in 2019, further increasing through 2023 with a five-year CAGR of 2.78%. Year-on-year changes in the last two years indicated steady growth with 1.84% in 2022 and 1.77% in 2023. This reflects a rejuvenated interest and sustained demand for tennis activities and products within the country.
- Economic stability and increasing sports infrastructure investments will likely drive demand.
- Environmental and sustainability trends could influence product offerings and consumer preferences in future years.
- Monitoring shifts in sporting regulations and grassroots tennis initiatives may reveal potential market fluctuations.
How does Costa Rica 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 |
| 18 | 18 Croatia | 1,691,200 | 2023 | +0.16% | +1.12% | View data |
| 19 | 19 Hungary | 1,208,400 | 2023 | -0.27% | -0.28% | View data |
| 20 | 20 Costa Rica | 751,580 | 2023 | +1.77% | +2.78% | |
| 21 | 21 Lebanon | 576,380 | 2023 | +1.39% | +2.29% | View data |
| 22 | 22 Barbados | 88,450 | 2023 | -2.69% | -2.7% | View data |
