The Lawn-Tennis Rackets market in India exhibited fluctuating value per capita from 2012 to 2022. From 2012 to 2015, the value remained relatively stagnant at around 0.006 USD per capita. A gradual upward trend started in 2016, peaking at 0.01 USD per capita in 2022. Between 2021 and 2022, a notable growth of about 11.11% was observed. Over the past five years, the compound annual growth rate (CAGR) is approximately 4.49%, indicating consistent positive momentum.
- Current per capita market value in 2023 showed a slight increase, emphasizing continued interest in lawn-tennis.
- In 2023, the demand grew, reflecting a broader trend of increasing sports participation.
Looking forward, future trends to watch for include technological advancements in racket design, increased investment in sports infrastructure, and rising interest in tennis as a recreational activity in urban areas. Consumer preference for premium and sustainable products may also influence market dynamics.
| # | 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 | ||
| 15 | 15 China | 0.077 | 2023 | View data | ||
| 16 | 16 South Africa | 0.07 | 2023 | View data | ||
| 17 | 17 India | 0.01 | 2023 | |||
