The playing cards market in Uganda has shown a steady increase in value per capita from 2013 to 2016, after which it experienced mild fluctuations. The value per capita stood at $0.067 in 2023, reflecting a slight upward trend over the last decade. Notably, the last two years witnessed an average annual growth rate of approximately 1.52%. Over the past five years, the compound annual growth rate (CAGR) was approximately 1.24%, indicating modest growth in this period.
- 2023 vs. 2022: 1.52% increase
- 2022 vs. 2021: 1.54% increase
- CAGR (2018-2023): 1.24% increase per year
Looking forward, trends suggest that digitization and increasing smartphone usage might impact the physical playing cards market. Factors such as growing urbanization and leisure spending are potential growth drivers, while competition from digital games could pose a challenge. Monitoring these trends could offer insights into future market dynamics.
