China Golf Club Market Size & Outlook, 2019-2027
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China golf club market highlights
- The China golf club market generated a revenue of USD 152.8 million in 2019 and is expected to reach USD 205.7 million by 2027.
- The China market is expected to grow at a CAGR of 3.8% from 2020 to 2027.
- In terms of segment, leisure was the largest revenue generating application in 2019.
- Leisure is the most lucrative application segment registering the fastest growth during the forecast period.
Golf club market data book summary
| Market revenue in 2019 | USD 152.8 million |
| Market revenue in 2027 | USD 205.7 million |
| Growth rate | 3.8% (CAGR from 2019 to 2027) |
| Largest segment | Leisure |
| Fastest growing segment | Leisure |
| Historical data | 2016 - 2018 |
| Base year | 2019 |
| Forecast period | 2020 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Leisure, Professional |
| Key market players worldwide | Topgolf Callaway Brands Corp, Acushnet Holdings Corp, Sumitomo Rubber Industries Ltd, Mizuno Corp, Amer Sports Inc, Bridgestone Corp, TaylorMade Golf, Bettinardi Golf, Ben Hogan Golf |
Other key industry trends
- In terms of revenue, China accounted for 4.2% of the global golf club market in 2019.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2027.
- In Asia Pacific, China golf club market is projected to lead the regional market in terms of revenue in 2027.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 205.7 million by 2027.
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Golf Club Market Scope
Golf Club Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Ben Hogan Golf | View profile | 11-50 | Fort Worth, Texas, United States, North America | https://benhogangolf.com |
| Bettinardi Golf | View profile | 51-100 | Tinley Park, Illinois, United States, North America | https://bettinardi.com |
| TaylorMade Golf | View profile | 1001-5000 | Carlsbad, California, United States, North America | http://taylormadegolf.com/home |
| Sumitomo Rubber Industries Ltd | View profile | 42997 | 3-6-9, Wakinohama-cho, Chuo-ku, Hyogo, Kobe, Japan, 651-0072 | http://www.srigroup.co.jp |
| Amer Sports Inc | View profile | 11400 | Konepajankuja 6, Helsinki, Finland, 00511 | https://www.amersports.com |
| Mizuno Corp | View profile | 5310 | 1-12-35 Nanko-Kita Suminoe-ku, Osaka-shi, Japan, 559-8510 | http://www.mizuno.co.jp |
| Bridgestone Corp | View profile | 125199 | 1-1-3 Kyobashi, Chuo-ku, Tokyo, Japan, 104-8340 | http://www.bridgestone.co.jp |
| Acushnet Holdings Corp | View profile | 7300 | 333 Bridge Street, Fairhaven, MA, United States, 02719 | https://www.acushnetholdingscorp.com |
| Topgolf Callaway Brands Corp | View profile | 32000 | 2180 Rutherford Road, Carlsbad, CA, United States, 92008 | https://www.topgolfcallawaybrands.com |
China golf club market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to golf club market will help companies and investors design strategic landscapes.
Leisure was the largest segment with a revenue share of 76.37% in 2019. Horizon Databook has segmented the China golf club market based on leisure, professional covering the revenue growth of each sub-segment from 2016 to 2027.
China is expected to register the fastest growth in the Asia Pacific golf clubs market owing to the presence of a large number of golf facilities. A majority of the golf courses are concentrated in the wealthy eastern and southern provinces of China, such as Guangdong, Hainan, and Yunnan. Big cities such as Beijing, Shanghai, Guangzhou, and Shenzhen also boast many courses. China is considered to be one of the few places in the world that are still building golf courses.
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Our clientele includes a mix of golf club market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the China golf club market , including forecasts for subscribers. This country databook contains high-level insights into China golf club market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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China golf club market size, by distribution channel, 2016-2027 (US$M)
China Golf Club Market Outlook Share, 2019 & 2027 (US$M)
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