South Africa Golf Club Market Size & Outlook, 2019-2027
- Consumer Goods
- Sporting Goods
- Golf Club Market Outlook
- Sporting Goods
South Africa Golf Club Market, 2016-2027 (US$M)
Global Market
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South Africa golf club market highlights
- The South Africa golf club market generated a revenue of USD 93.2 million in 2019 and is expected to reach USD 119.4 million by 2027.
- The South Africa market is expected to grow at a CAGR of 3.1% 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 93.2 million |
| Market revenue in 2027 | USD 119.4 million |
| Growth rate | 3.1% (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, South Africa accounted for 2.5% 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 Middle East & Africa, South Africa golf club market is projected to lead the regional market in terms of revenue in 2027.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 119.4 million by 2027.
South Africa is the fastest-growing market for golf equipment in the Middle East & Africa owing to the highest number of golf facilities available in the country. The country had 484 golf facilities in 2017 and accounts for 55% of all of Africa’s golf facilities. An improving economy and rising disposable of the consumers are boosting the demand for golf equipment, including clubs, in the country.
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 |
South 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 76.29% in 2019.
Horizon Databook has segmented the South Africa golf club market based on leisure, professional covering the revenue growth of each sub-segment from 2016 to 2027.
South Africa is the fastest-growing market for golf equipment in the Middle East & Africa owing to the highest number of golf facilities available in the country. The country had 484 golf facilities in 2017 and accounts for 55% of all of Africa’s golf facilities. An improving economy and rising disposable of the consumers are boosting the demand for golf equipment, including clubs, in the country.
- South Africa Golf Club Market Application Outlook (Revenue, USD Million , 2016-2027)
- Leisure
- Professional
- South 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 country-level data and insights on the South Africa Golf Club Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into South Africa Golf Club Market Outlook from 2016 to 2027, including revenue numbers, major trends, and company profiles.
South Africa Golf Club Market, 2016-2027 (US$M)
South Africa golf club market statistics, by application, 2016-2027 (US$M)
