India Golf Club Market Size & Outlook, 2019-2027
- Consumer Goods
- Sporting Goods
- Golf Club Market Outlook
- Sporting Goods
India Golf Club Market, 2016-2027 (US$M)
Global Market
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India golf club market highlights
- The India golf club market generated a revenue of USD 72.5 million in 2019 and is expected to reach USD 95.1 million by 2027.
- The India market is expected to grow at a CAGR of 3.4% 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 72.5 million |
| Market revenue in 2027 | USD 95.1 million |
| Growth rate | 3.4% (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, India accounted for 2.0% 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.
The country has witnessed an increase in the number of registered golfers. Increasing number of rounds played by present golfers and growing demand for custom-made equipment for better performance are fueling the demand for golf clubs, thereby favoring the market growth.
Key Regions:U.S., UK, Brazil, China, South Africa
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Golf Club Market Scope
Golf Club Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Topgolf Callaway Brands Corp | View profile | 32,000 | 2180 Rutherford Road, Carlsbad, CA, United States, 92008 | www.topgolfcallawaybrands.com |
| Acushnet Holdings Corp | View profile | 7,300 | 333 Bridge Street, Fairhaven, MA, United States, 02719 | www.acushnetholdingscorp.com |
| Bridgestone Corp | View profile | 125,199 | 1-1-3 Kyobashi, Chuo-ku, Tokyo, Japan, 104-8340 | www.bridgestone.co.jp |
| Mizuno Corp | View profile | 5,310 | 1-12-35 Nanko-Kita Suminoe-ku, Osaka-shi, Japan, 559-8510 | www.mizuno.co.jp |
| Amer Sports Inc | View profile | 11,400 | Konepajankuja 6, Helsinki, Finland, 00511 | www.amersports.com |
| Sumitomo Rubber Industries Ltd | View profile | 42,997 | 3-6-9, Wakinohama-cho, Chuo-ku, Hyogo, Kobe, Japan, 651-0072 | www.srigroup.co.jp |
| TaylorMade Golf | View profile | 1001-5000 | Carlsbad, California, United States, North America | taylormadegolf.com/home |
| Bettinardi Golf | View profile | 51-100 | Tinley Park, Illinois, United States, North America | bettinardi.com |
| Ben Hogan Golf | View profile | 11-50 | Fort Worth, Texas, United States, North America | benhogangolf.com |
India 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 Outlook will help companies and investors design strategic landscapes.
Leisure was the largest segment with a revenue share of 87.31% in 2019.
Horizon Databook has segmented the India golf club market based on leisure, professional covering the revenue growth of each sub-segment from 2016 to 2027.
The country has witnessed an increase in the number of registered golfers. Increasing number of rounds played by present golfers and growing demand for custom-made equipment for better performance are fueling the demand for golf clubs, thereby favoring the market growth.
- India Golf Club Market Application Outlook (Revenue, USD Million , 2016-2027)
- Leisure
- Professional
- India 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 country-level data and insights on the India Golf Club Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into India Golf Club Market Outlook from 2016 to 2027, including revenue numbers, major trends, and company profiles.
India Golf Club Market, 2016-2027 (US$M)
India golf club market statistics, by application, 2016-2027 (US$M)
