Global Golf Tourism Market Size study & Forecast, by Application (Domestic, International) and Regional Analysis, 2022-2029

Description

List of Tables

Global Golf Tourism Market is valued at approximately USD 21.74 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 7.6% over the forecast period 2022-2029. Golf tourism refers to travel made by golf enthusiasts, generally by people who view golf as a supplemental exercise. The increasing disposable income, growing development of golf infrastructural facilities, coupled with the rising number of international and domestic tournaments are the primary factors that are attributing to the market growth across the globe.

The growing investments in domestic and international golf tournaments by various sports authorities and governments are acting as a catalyzing factor for market growth. For instance, in August 2022, Canadian Federal Government declared that they made a total investment of USD 4.4 million investment in Golf Canada's two professional tournaments named the CP Women's Open and RBC Canadian Open to encourage golf participation, attract multiple tourists, made significant economic benefits in the region.Similarly, in November 2020, the Tourism Authority of Thailand (TAT) announced the launch of 'Season 4' in India, which aims on presenting a seamless experience to Indian golfers across Thailand. Hence, these aforementioned factors are playing a vital role in golf tourism, which is augmenting the growth of the market. Moreover, rising awareness about the health benefits of playing sports among younger populations, as well as increasing government funding & measures to promote sports tourism, are presenting various lucrative opportunities over the forecasting years. However, the high cost associated with golf tourism is challenging the market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Golf Tourism Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America dominated the market in terms of revenue, owing to the increasing inclination towards outdoor leisure activity, along with the growing number of professional golfing tours & tournaments. Whereas, the Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as the rising development of the regional hospitality industry, as well as the availability of huge infrastructural facilities associated with the golf clubs in countries in the market space.

Major market players included in this report are:

Golfasian Co., Ltd.

Premier Golf

The Haversham and Baker Expeditions.

PerryGolf

Carr Golf

Celtic Golf

SGH Golf Inc.

Golfbreaks Ltd.

Golf Tours International

travelOsports

Recent Developments in the Market:

In November 2020, The PGA Tour- a U.S. professional golf tour operator announced the acquisition of a minority stake in European Tour Media Company to strengthens the company's business to the men's professional golf segment globally.
In October 2020, Topgolf International Inc. declared that the company entered into a merger agreement with Callaway Golf Company with the objective of leveraging the partner's brand and financial strength to target professional golfers.

Global Golf Tourism Market Report Scope:

Historical Data: 2019-2020-2021

Base Year for Estimation: 2021

Forecast period: 2022-2029

Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends

Segments Covered: Application, Region

Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World

Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Application:

Domestic

International

By Region:

North America

U.S.

Canada

Europe

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

RoLA

Rest of the World

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Golf Tourism Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Golf Tourism Market, by Application, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Golf Tourism Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Golf Tourism Market Dynamics

3.1. Golf Tourism Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
  - 3.1.1.1. Rising number of international and domestic tournaments
  - 3.1.1.2. Growing investments in domestic and international golf tournaments by various sports authorities and governments
- 3.1.2. Market Challenges
  - 3.1.2.1. High cost associated with the golf tourism
- 3.1.3. Market Opportunities
  - 3.1.3.1. Rising awareness about the health benefits of playing sports among younger populations
  - 3.1.3.2. Increasing government funding & measures to promote sports tourism

Chapter 4. Global Golf Tourism Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Risk Assessment: COVID-19 Impact

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Golf Tourism Market, by Application

6.1. Market Snapshot
6.2. Global Golf Tourism Market by Application, Performance - Potential Analysis
6.3. Global Golf Tourism Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
6.4. Golf Tourism Market, Sub Segment Analysis
- 6.4.1. Domestic
- 6.4.2. International

Chapter 7. Global Golf Tourism Market, Regional Analysis

7.1. Golf Tourism Market, Regional Market Snapshot
7.2. North America Golf Tourism Market
- 7.2.1. U.S. Golf Tourism Market
  - 7.2.1.1. Application breakdown estimates & forecasts, 2019-2029
- 7.2.2. Canada Golf Tourism Market
7.3. Europe Golf Tourism Market Snapshot
- 7.3.1. U.K. Golf Tourism Market
- 7.3.2. Germany Golf Tourism Market
- 7.3.3. France Golf Tourism Market
- 7.3.4. Spain Golf Tourism Market
- 7.3.5. Italy Golf Tourism Market
- 7.3.6. Rest of Europe Golf Tourism Market
7.4. Asia-Pacific Golf Tourism Market Snapshot
- 7.4.1. China Golf Tourism Market
- 7.4.2. India Golf Tourism Market
- 7.4.3. Japan Golf Tourism Market
- 7.4.4. Australia Golf Tourism Market
- 7.4.5. South Korea Golf Tourism Market
- 7.4.6. Rest of Asia Pacific Golf Tourism Market
7.5. Latin America Golf Tourism Market Snapshot
- 7.5.1. Brazil Golf Tourism Market
- 7.5.2. Mexico Golf Tourism Market
- 7.5.3. Rest of Latin America Golf Tourism Market
7.6. Rest of The World Golf Tourism Market

Chapter 8. Competitive Intelligence

8.1. Top Market Strategies
8.2. Company Profiles
- 8.2.1. Golfasian Co., Ltd.
  - 8.2.1.1. Key Information
  - 8.2.1.2. Overview
  - 8.2.1.3. Financial (Subject to Data Availability)
  - 8.2.1.4. Product Summary
  - 8.2.1.5. Recent Developments
- 8.2.2. Premier Golf
- 8.2.3. The Haversham and Baker Expeditions
- 8.2.4. PerryGolf
- 8.2.5. Carr Golf
- 8.2.6. Celtic Golf
- 8.2.7. SGH Golf Inc.
- 8.2.8. Golfbreaks Ltd.
- 8.2.9. Golf Tours International
- 8.2.10. travelOsports

Chapter 9. Research Process

9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Golf Tourism Market, report scope
TABLE 2. Global Golf Tourism Market estimates & forecasts by Region 2019-2029 (USD Billion)
TABLE 3. Global Golf Tourism Market estimates & forecasts by Application 2019-2029 (USD Billion)
TABLE 4. Global Golf Tourism Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 5. Global Golf Tourism Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 6. Global Golf Tourism Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 7. Global Golf Tourism Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 8. Global Golf Tourism Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Golf Tourism Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Golf Tourism Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Golf Tourism Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Golf Tourism Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Golf Tourism Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. U.S. Golf Tourism Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. U.S. Golf Tourism Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 16. U.S. Golf Tourism Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 17. Canada Golf Tourism Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 18. Canada Golf Tourism Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 19. Canada Golf Tourism Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 20. UK Golf Tourism Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 21. UK Golf Tourism Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 22. UK Golf Tourism Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 23. Germany Golf Tourism Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 24. Germany Golf Tourism Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 25. Germany Golf Tourism Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 26. France Golf Tourism Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 27. France Golf Tourism Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 28. France Golf Tourism Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 29. Italy Golf Tourism Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 30. Italy Golf Tourism Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 31. Italy Golf Tourism Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 32. Spain Golf Tourism Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 33. Spain Golf Tourism Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 34. Spain Golf Tourism Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 35. RoE Golf Tourism Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 36. RoE Golf Tourism Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 37. RoE Golf Tourism Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 38. China Golf Tourism Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 39. China Golf Tourism Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 40. China Golf Tourism Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 41. India Golf Tourism Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 42. India Golf Tourism Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 43. India Golf Tourism Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 44. Japan Golf Tourism Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 45. Japan Golf Tourism Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 46. Japan Golf Tourism Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 47. South Korea Golf Tourism Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 48. South Korea Golf Tourism Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 49. South Korea Golf Tourism Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 50. Australia Golf Tourism Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 51. Australia Golf Tourism Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 52. Australia Golf Tourism Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 53. RoAPAC Golf Tourism Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 54. RoAPAC Golf Tourism Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 55. RoAPAC Golf Tourism Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 56. Brazil Golf Tourism Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 57. Brazil Golf Tourism Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 58. Brazil Golf Tourism Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 59. Mexico Golf Tourism Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 60. Mexico Golf Tourism Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 61. Mexico Golf Tourism Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 62. RoLA Golf Tourism Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 63. RoLA Golf Tourism Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 64. RoLA Golf Tourism Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 65. Row Golf Tourism Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 66. Row Golf Tourism Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 67. Row Golf Tourism Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 68. List of secondary sources, used in the study of global Golf Tourism Market
TABLE 69. List of primary sources, used in the study of global Golf Tourism Market
TABLE 70. Years considered for the study
TABLE 71. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

List of figures

FIG 1. Global Golf Tourism Market, research methodology
FIG 2. Global Golf Tourism Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Golf Tourism Market, key trends 2021
FIG 5. Global Golf Tourism Market, growth prospects 2022-2029
FIG 6. Global Golf Tourism Market, porters 5 force model
FIG 7. Global Golf Tourism Market, pest analysis
FIG 8. Global Golf Tourism Market, value chain analysis
FIG 9. Global Golf Tourism Market by segment, 2019 & 2029 (USD Billion)
FIG 10. Global Golf Tourism Market by segment, 2019 & 2029 (USD Billion)
FIG 11. Global Golf Tourism Market by segment, 2019 & 2029 (USD Billion)
FIG 12. Global Golf Tourism Market by segment, 2019 & 2029 (USD Billion)
FIG 13. Global Golf Tourism Market by segment, 2019 & 2029 (USD Billion)
FIG 14. Global Golf Tourism Market, regional snapshot 2019 & 2029
FIG 15. North America Golf Tourism Market 2019 & 2029 (USD Billion)
FIG 16. Europe Golf Tourism Market 2019 & 2029 (USD Billion)
FIG 17. Asia pacific Golf Tourism Market 2019 & 2029 (USD Billion)
FIG 18. Latin America Golf Tourism Market 2019 & 2029 (USD Billion)
FIG 19. Global Golf Tourism Market, company Market share analysis (2021)