Global Golf Equipment Market Size & Outlook, 2021-2030
Global golf equipment market, 2017-2030 (US$M)
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Global golf equipment market highlights
- The global golf equipment market generated a revenue of USD 7,174.4 million in 2021 and is expected to reach USD 11,010.2 million by 2030.
- The market is expected to grow at a CAGR (2022 - 2030) of 4.9% by 2030.
- In terms of segment, golf club accounted for a revenue of USD 3,302.2 million in 2021.
- Golf Gear is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2021.
- Country-wise, India is expected to register the highest CAGR from 2022 to 2030.
Global data book summary
| Market revenue in 2021 | USD 7,174.4 million |
| Market revenue in 2030 | USD 11,010.2 million |
| Growth rate | 4.9% (CAGR from 2022 to 2030) |
| Largest segment | Golf club |
| Fastest growing segment | Golf Gear |
| Historical data covered | 2017 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Golf Club, Golf Balls, Golf Gear, Golf Footwear & Apparel |
Other key industry trends
- In terms of revenue, the North America accounted for 53.3% of the global golf equipment market in 2021.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, India is the fastest growing regional market and is projected to reach USD 304.0 million by 2030.
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Golf Equipment Market Scope
Golf Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| TaylorMade Golf | View profile | 1001-5000 | Carlsbad, California, United States, North America | http://taylormadegolf.com/home |
| Wilson Bank Holding Co | View profile | 584 | 623 West Main Street, Lebanon, TN, United States, 37087 | https://www.wilsonbank.com |
| Ping An Insurance (Group) Co. of China Ltd ADR | View profile | 288751 | No. 5033 Yitian Road, Ping An Finance Center, 47th, 48th, 109th, 110th, 111th and 112th Floors, Futian District, Guangdong Province, Shenzhen, China, People's Republic of, 518033 | https://www.pingan.cn |
| Sumitomo Rubber Industries Ltd | View profile | 42997 | 3-6-9, Wakinohama-cho, Chuo-ku, Hyogo, Kobe, Japan, 651-0072 | http://www.srigroup.co.jp |
| Fairfax Financial Holdings Ltd Shs Subord.Vtg | View profile | 51044 | 95 Wellington Street West, Suite 800, Toronto, ON, Canada, M5J 2N7 | https://www.fairfax.ca |
| Mizuno Corp | View profile | 5310 | 1-12-35 Nanko-Kita Suminoe-ku, Osaka-shi, Japan, 559-8510 | http://www.mizuno.co.jp |
| Srixon | View profile | 101-250 | Huntington Beach, California, United States, North America | https://www.srixon.com/ |
| 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 |
Global golf equipment 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 equipment market will help companies and investors design strategic landscapes.
Golf club was the largest segment with a revenue share of 46.03% in 2021. Horizon Databook has segmented the Global golf equipment market based on golf club, golf balls, golf gear, golf footwear & apparel covering the revenue growth of each sub-segment from 2017 to 2030.
- Global Golf Equipment Product Outlook (Revenue, USD Million, 2017-2030)
- Golf Club
- Golf Balls
- Golf Gear
- Golf Footwear & Apparel
- Global Golf Equipment Distribution channel Outlook (Revenue, USD Million, 2017-2030)
- Sporting Goods Retailer
- On-Course Shops
- Online
- Others
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Target buyers of Global golf equipment market databook
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Our clientele includes a mix of golf equipment market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global golf equipment market , including forecasts for subscribers. This global databook contains high-level insights into Global golf equipment market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global golf equipment market size, by regions, 2017-2030 (US$M)
Top 10 countries: Golf equipment market size, 2021 (US$M)
Global golf equipment market share, by product, 2021 & 2030 (%, US$M)
Golf equipment market: Opportunity assessment by country
Global golf equipment market, by region, 2021 (US$M)
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