Global Golf Equipment Market Size & Outlook, 2021-2030

The global golf equipment market size was estimated at USD 7,174.4 million in 2021 and is projected to reach USD 11,010.2 million by 2030, growing at a CAGR of 4.9% from 2022 to 2030.
Revenue, 2021 (US$M)
$7,174.4
Forecast, 2030 (US$M)
$11,010.2
CAGR, 2022 - 2030
4.9%
Report Coverage
Worldwide

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 2021USD 7,174.4 million
Market revenue in 2030USD 11,010.2 million
Growth rate4.9% (CAGR from 2022 to 2030)
Largest segmentGolf club
Fastest growing segmentGolf Gear
Historical data covered2017 - 2020
Base year for estimation2021
Forecast period covered2022 - 2030
Quantitative unitsRevenue in USD million
Market segmentationGolf 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.

No credit card required*

Horizon in a snapshot

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more

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

Reasons to subscribe to Global golf equipment market databook:

  • Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
  • Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
  • Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
  • Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
  • Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.

Target buyers of Global golf equipment market databook

  • Our clientele includes a mix of golf equipment market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • 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

  • logo

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)

Global golf equipment market size, by regions, 2017-2030 (US$M)

Sign up - it's easy, and free!

Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our free plan indefinitely.

Explore all plans

Included in Horizon account

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more
Chat with us
Research Assistance
Online