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PUBLISHER: IMARC | PRODUCT CODE: 1347525
PUBLISHER: IMARC | PRODUCT CODE: 1347525
Golf Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
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PAGES: 145 Pages
DELIVERY TIME: 2-3 business days
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Market Overview:
The global golf equipment market size reached US$ 7.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 9.7 Billion by 2028, exhibiting a growth rate (CAGR) of 4% during 2023-2028.
Golf equipment refers to the products and items used to play the sport of golf. It includes golf balls, clubs, shoes, bags, gloves, gears, wear, cart, towels, putters, wedges, ball markers, club head cover, and other devices. Playing golf is considered a good exercise, which, in turn, assists in improving sleep patterns, reducing anxiety, depression, blood pressure and boosting creative thinking. Whereas golf equipment aids in enhancing performance, improving consistency, and providing golf swing, comfort, protection, and grip.
Golf Equipment Market Trends:
The growing popularity of golf across the globe is creating a positive outlook for the market. With the rising health consciousness among the masses, golf is widely adopted as a physical activity as it assists in weight loss and improves heart health and concentration. In line with this, a surge in golf courses, increasing popularity of golf tournaments in various countries, and rising participation rates, especially amongst the millennials, is favoring the market growth. Moreover, various product innovations, such as the introduction of smart sensors and smart grips, are providing an impetus to the market growth. They are widely used to automatically record and analyze every shot and detect pressure levels. Additionally, top players are focusing on innovations and new product developments, such as golf putters and drivers made from recyclable materials, which is providing them with a competitive edge in the market. They are also considerably investing in marketing and promotional activities, which is helping them in broadening their geographical presence and customer base. Apart from this, extensive fundings by governments of various nations to improve golf infrastructure, rising expenditure capacities of consumers, and easy product availability across e-commerce websites are anticipated to drive the market further.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global golf equipment market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type and distribution channel.
Breakup by Type:
Golf Clubs
Golf Balls
Golf Bags and Accessories
Golf Apparel and Footwears
Breakup by Distribution Channel:
Specialty Stores
Sporting Goods Chain
On-course Shops
Online Stores
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Acushnet Holdings Corp. (Fila Holdings Corp.), Adidas AG, Amer Sports (Anta Sports Products Limited), Bridgestone Corporation, Callaway Golf Company, DICK's Sporting Goods Inc., Dixon Golf Inc., Mizuno Corporation, Nike Inc., PING, Puma SE, Sumitomo Rubber Industries Ltd. and TaylorMade Golf Co.
Key Questions Answered in This Report:
- How has the global golf equipment market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global golf equipment market?
- What are the key regional markets?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the distribution channel?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global golf equipment market and who are the key players?
- What is the degree of competition in the industry?
Product Code: SR112023A5781
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Golf Equipment Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Type
- 6.1 Golf Clubs
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Golf Balls
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Golf Bags and Accessories
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Golf Apparel and Footwears
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
7 Market Breakup by Distribution Channel
- 7.1 Specialty Stores
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Sporting Goods Chain
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 On-course Shops
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Online Stores
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 Others
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
8 Market Breakup by Region
- 8.1 North America
- 8.1.1 United States
- 8.1.1.1 Market Trends
- 8.1.1.2 Market Forecast
- 8.1.2 Canada
- 8.1.2.1 Market Trends
- 8.1.2.2 Market Forecast
- 8.1.1 United States
- 8.2 Asia-Pacific
- 8.2.1 China
- 8.2.1.1 Market Trends
- 8.2.1.2 Market Forecast
- 8.2.2 Japan
- 8.2.2.1 Market Trends
- 8.2.2.2 Market Forecast
- 8.2.3 India
- 8.2.3.1 Market Trends
- 8.2.3.2 Market Forecast
- 8.2.4 South Korea
- 8.2.4.1 Market Trends
- 8.2.4.2 Market Forecast
- 8.2.5 Australia
- 8.2.5.1 Market Trends
- 8.2.5.2 Market Forecast
- 8.2.6 Indonesia
- 8.2.6.1 Market Trends
- 8.2.6.2 Market Forecast
- 8.2.7 Others
- 8.2.7.1 Market Trends
- 8.2.7.2 Market Forecast
- 8.2.1 China
- 8.3 Europe
- 8.3.1 Germany
- 8.3.1.1 Market Trends
- 8.3.1.2 Market Forecast
- 8.3.2 France
- 8.3.2.1 Market Trends
- 8.3.2.2 Market Forecast
- 8.3.3 United Kingdom
- 8.3.3.1 Market Trends
- 8.3.3.2 Market Forecast
- 8.3.4 Italy
- 8.3.4.1 Market Trends
- 8.3.4.2 Market Forecast
- 8.3.5 Spain
- 8.3.5.1 Market Trends
- 8.3.5.2 Market Forecast
- 8.3.6 Russia
- 8.3.6.1 Market Trends
- 8.3.6.2 Market Forecast
- 8.3.7 Others
- 8.3.7.1 Market Trends
- 8.3.7.2 Market Forecast
- 8.3.1 Germany
- 8.4 Latin America
- 8.4.1 Brazil
- 8.4.1.1 Market Trends
- 8.4.1.2 Market Forecast
- 8.4.2 Mexico
- 8.4.2.1 Market Trends
- 8.4.2.2 Market Forecast
- 8.4.3 Others
- 8.4.3.1 Market Trends
- 8.4.3.2 Market Forecast
- 8.4.1 Brazil
- 8.5 Middle East and Africa
- 8.5.1 Market Trends
- 8.5.2 Market Breakup by Country
- 8.5.3 Market Forecast
9 SWOT Analysis
- 9.1 Overview
- 9.2 Strengths
- 9.3 Weaknesses
- 9.4 Opportunities
- 9.5 Threats
10 Value Chain Analysis
11 Porters Five Forces Analysis
- 11.1 Overview
- 11.2 Bargaining Power of Buyers
- 11.3 Bargaining Power of Suppliers
- 11.4 Degree of Competition
- 11.5 Threat of New Entrants
- 11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
- 13.1 Market Structure
- 13.2 Key Players
- 13.3 Profiles of Key Players
- 13.3.1 Acushnet Holdings Corp. (Fila Holdings Corp.)
- 13.3.1.1 Company Overview
- 13.3.1.2 Product Portfolio
- 13.3.1.3 Financials
- 13.3.1.4 SWOT Analysis
- 13.3.2 Adidas AG
- 13.3.2.1 Company Overview
- 13.3.2.2 Product Portfolio
- 13.3.2.3 Financials
- 13.3.2.4 SWOT Analysis
- 13.3.3 Amer Sports (Anta Sports Products Limited)
- 13.3.3.1 Company Overview
- 13.3.3.2 Product Portfolio
- 13.3.3.3 SWOT Analysis
- 13.3.4 Bridgestone Corporation
- 13.3.4.1 Company Overview
- 13.3.4.2 Product Portfolio
- 13.3.4.3 Financials
- 13.3.4.4 SWOT Analysis
- 13.3.5 Callaway Golf Company
- 13.3.5.1 Company Overview
- 13.3.5.2 Product Portfolio
- 13.3.5.3 Financials
- 13.3.5.4 SWOT Analysis
- 13.3.6 DICK's Sporting Goods Inc.
- 13.3.6.1 Company Overview
- 13.3.6.2 Product Portfolio
- 13.3.6.3 Financials
- 13.3.6.4 SWOT Analysis
- 13.3.7 Dixon Golf Inc.
- 13.3.7.1 Company Overview
- 13.3.7.2 Product Portfolio
- 13.3.8 Mizuno Corporation
- 13.3.8.1 Company Overview
- 13.3.8.2 Product Portfolio
- 13.3.8.3 Financials
- 13.3.8.4 SWOT Analysis
- 13.3.9 Nike Inc.
- 13.3.9.1 Company Overview
- 13.3.9.2 Product Portfolio
- 13.3.9.3 Financials
- 13.3.9.4 SWOT Analysis
- 13.3.10 PING
- 13.3.10.1 Company Overview
- 13.3.10.2 Product Portfolio
- 13.3.11 Puma SE
- 13.3.11.1 Company Overview
- 13.3.11.2 Product Portfolio
- 13.3.11.3 Financials
- 13.3.11.4 SWOT Analysis
- 13.3.12 Sumitomo Rubber Industries Ltd.
- 13.3.12.1 Company Overview
- 13.3.12.2 Product Portfolio
- 13.3.12.3 Financials
- 13.3.12.4 SWOT Analysis
- 13.3.13 TaylorMade Golf Co.
- 13.3.13.1 Company Overview
- 13.3.13.2 Product Portfolio
- 13.3.1 Acushnet Holdings Corp. (Fila Holdings Corp.)
Product Code: SR112023A5781
List of Figures
- Figure 1: Global: Golf Equipment Market: Major Drivers and Challenges
- Figure 2: Global: Golf Equipment Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Golf Equipment Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: Golf Equipment Market: Breakup by Type (in %), 2022
- Figure 5: Global: Golf Equipment Market: Breakup by Distribution Channel (in %), 2022
- Figure 6: Global: Golf Equipment Market: Breakup by Region (in %), 2022
- Figure 7: Global: Golf Equipment (Golf Clubs) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 8: Global: Golf Equipment (Golf Clubs) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 9: Global: Golf Equipment (Golf Balls) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 10: Global: Golf Equipment (Golf Balls) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 11: Global: Golf Equipment (Golf Bags and Accessories) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 12: Global: Golf Equipment (Golf Bags and Accessories) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 13: Global: Golf Equipment (Golf Apparel and Footwears) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 14: Global: Golf Equipment (Golf Apparel and Footwears) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 15: Global: Golf Equipment (Specialty Stores) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 16: Global: Golf Equipment (Specialty Stores) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 17: Global: Golf Equipment (Sporting Goods Chain) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 18: Global: Golf Equipment (Sporting Goods Chain) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 19: Global: Golf Equipment (On-course Shops) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 20: Global: Golf Equipment (On-course Shops) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 21: Global: Golf Equipment (Online Stores) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 22: Global: Golf Equipment (Online Stores) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 23: Global: Golf Equipment (Other Distribution Channels) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 24: Global: Golf Equipment (Other Distribution Channels) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 25: North America: Golf Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 26: North America: Golf Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 27: United States: Golf Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 28: United States: Golf Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 29: Canada: Golf Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 30: Canada: Golf Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 31: Asia-Pacific: Golf Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 32: Asia-Pacific: Golf Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 33: China: Golf Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 34: China: Golf Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 35: Japan: Golf Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 36: Japan: Golf Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 37: India: Golf Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 38: India: Golf Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 39: South Korea: Golf Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 40: South Korea: Golf Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 41: Australia: Golf Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 42: Australia: Golf Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 43: Indonesia: Golf Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 44: Indonesia: Golf Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 45: Others: Golf Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 46: Others: Golf Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 47: Europe: Golf Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 48: Europe: Golf Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 49: Germany: Golf Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 50: Germany: Golf Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 51: France: Golf Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 52: France: Golf Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 53: United Kingdom: Golf Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 54: United Kingdom: Golf Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 55: Italy: Golf Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 56: Italy: Golf Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 57: Spain: Golf Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 58: Spain: Golf Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 59: Russia: Golf Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 60: Russia: Golf Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 61: Others: Golf Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 62: Others: Golf Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 63: Latin America: Golf Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 64: Latin America: Golf Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 65: Brazil: Golf Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 66: Brazil: Golf Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 67: Mexico: Golf Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 68: Mexico: Golf Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 69: Others: Golf Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 70: Others: Golf Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 71: Middle East and Africa: Golf Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 72: Middle East and Africa: Golf Equipment Market: Breakup by Country (in %), 2022
- Figure 73: Middle East and Africa: Golf Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 74: Global: Golf Equipment Industry: SWOT Analysis
- Figure 75: Global: Golf Equipment Industry: Value Chain Analysis
- Figure 76: Global: Golf Equipment Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Golf Equipment Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Golf Equipment Market Forecast: Breakup by Type (in Million US$), 2023-2028
- Table 3: Global: Golf Equipment Market Forecast: Breakup by Distribution Channel (in Million US$), 2023-2028
- Table 4: Global: Golf Equipment Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 5: Global: Golf Equipment Market: Competitive Structure
- Table 6: Global: Golf Equipment Market: Key Players
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