Middle East & Africa Golf Club Market Size & Outlook
- Consumer Goods
- Sporting Goods
- Golf Club Market Outlook
- Sporting Goods
Middle East Africa Golf Club Market, 2016-2027 (US$M)
Global Market
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MEA golf club market highlights
- The MEA golf club market generated a revenue of USD 161.7 million in 2019.
- The market is expected to grow at a CAGR of 3% 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.
- Country-wise, South Africa is expected to register the highest CAGR from 2020 to 2027.
MEA data book summary
| Market revenue in 2019 | USD 161.7 million |
| Market revenue in 2027 | USD 205.1 million |
| Growth rate | 3% (CAGR from 2019 to 2027) |
| Largest segment | Leisure |
| Fastest growing segment | Leisure |
| Historical data covered | 2016 - 2018 |
| Base year for estimation | 2019 |
| Forecast period covered | 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, MEA region accounted for 4.4% 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 Middle East and Africa is projected to account for a share of 4.6% in the global golf clubs market by 2027 on account of growing consumer interest in the sport. The number of golfers in the region is growing at steady pace as the grass course is difficult to maintain here. Moreover, low per capita income and different spending preferences of consumers on sports are expected to act as key challenges for the market.
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 |
Middle East & Africa 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 81.39% in 2019.
Horizon Databook has segmented the Middle East & Africa golf club market based on leisure, professional covering the revenue growth of each sub-segment from 2016 to 2027.
The Middle East and Africa is projected to account for a share of 4.6% in the global golf clubs market by 2027 on account of growing consumer interest in the sport. The number of golfers in the region is growing at steady pace as the grass course is difficult to maintain here. Moreover, low per capita income and different spending preferences of consumers on sports are expected to act as key challenges for the market.
- Middle East & Africa Golf Club Market Application Outlook (Revenue, USD Million , 2016-2027)
- Leisure
- Professional
- Middle East & Africa 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 Middle East & Africa Golf Club Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa Golf Club Market Outlook from 2016 to 2027, including revenue numbers, major trends, and company profiles.
Middle East Africa Golf Club Market, 2016-2027 (US$M)
MEA golf club market statistics, by application, 2016-2027 (US$M)
