Over the period from 2013 to 2023, the per capita value of lawn-tennis rackets in Finland increased from $0.33 to $0.61. Notably, growth was consistent from 2018 to 2023, with compound annual growth rate (CAGR) of approximately 3.0% over the past five years. The most substantial increases occurred between 2017-2018 and from 2021-2023. Recent year-on-year growth rates from 2021 to 2023 indicate an upward trend, with 3.5% from 2021-2022 and 3.4% from 2022-2023.
Looking ahead, market growth could be driven by increasing sports participation, innovations in racket technology, and rising interest in sustainability, impacting player preferences. Monitoring these factors and potential economic fluctuations will be crucial for future forecasts.
| # | 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 | View data | ||
| 7 | 7 Finland | 0.61 | 2023 | |||
| 8 | 8 Denmark | 0.54 | 2023 | View data | ||
| 9 | 9 Italy | 0.48 | 2023 | View data | ||
