The golf club market in Europe is expected to reach a projected revenue of US$ 1,062.6 million by 2027. A compound annual growth rate of 2.1% is expected of Europe golf club market from 2020 to 2027.
In terms of revenue, Europe region accounted for 24.7% of the global golf club market in 2019.
Globally, North America is projected to lead the regional market in terms of revenue in 2027.
Asia Pacific is the fastest growing regional market and is projected to reach USD 918.1 million by 2027.
The Europe market is expected to observe average growth over the forecast period owing to the increasing expenditure of the middle-class population on sports. The presence of numerous public golf facilities in the region drives the popularity of the sport, subsequently leading to an increased demand for golf clubs. In 2017, there were 5,746 public golf facilities and 1,487 private facilities in Europe, according to the European Commission’s publication on golf.
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 Outlook will help companies and investors design strategic landscapes.
Leisure was the largest segment with a revenue share of 83.49% in 2019.
Horizon Databook has segmented the Europe golf club market based on leisure, professional covering the revenue growth of each sub-segment from 2016 to 2027.
The Europe market is expected to observe average growth over the forecast period owing to the increasing expenditure of the middle-class population on sports. The presence of numerous public golf facilities in the region drives the popularity of the sport, subsequently leading to an increased demand for golf clubs. In 2017, there were 5,746 public golf facilities and 1,487 private facilities in Europe, according to the European Commission’s publication on golf.
Europe Golf Club Market Application Outlook (Revenue, USD Million , 2016-2027)
Leisure
Professional
Europe Golf Club Market Distribution Channel Outlook (Revenue, USD Million , 2016-2027)
Sporting Goods Retailers
Online
Department & Discount Stores
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe Golf Club Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Europe Golf Club Market Outlook from 2016 to 2027, including revenue numbers, major trends, and company profiles.