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PUBLISHER: The Business Research Company | PRODUCT CODE: 1249011

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PUBLISHER: The Business Research Company | PRODUCT CODE: 1249011

Golf Tourism Global Market Report 2023

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PAGES: 200 Pages
DELIVERY TIME: 2-10 business days
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“Golf Tourism Global Market Report 2023 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on golf tourism market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
  • Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for golf tourism? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The golf tourism market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Scope

Markets Covered:

1) By Type: Domestic; International

2) By Service Type: Personal Tours; Professional Tours

3) By Sales Channel: Direct Channel; Distribution Channel

4) By End-User Sex: Male; Female

Companies Mentioned: Golf Tours International; GHW Golf Tours; Golfasian Co. Ltd; Golfbreaks Ltd; Perry Travel Inc

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Delivery Format: PDF, Word and Excel Data Dashboard.

Executive Summary

Major players in the golf tourism market are: Golf Tours International, GHW Golf Tours, Golfasian Co. Ltd., Golfbreaks Ltd., Perry Travel Inc., Premier Golf Tours, Scottish Golf Holidays Inc., The Haversham and Baker Co, GolfHolidays.com, Direct Golf Holidays, Celtic Golf, Kalos Golf, Sophisticated Golfer, Carr Golf, SouthAmerica.travel, Ascot Golf Tours, Caribbean Golf & Tours, Classic Golf Tours, Golf Plaisir, EasyGolf Worldwide Australia, Asian Tour, Chaka Travel, and Goway Travel.

The global golf tourism market grew from $4.93 billion in 2022 to $4.76 billion in 2023 at a compound annual growth rate (CAGR) of -3.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The golf tourism market is expected to grow to $6.07 billion in 2027 at a CAGR of 6.3%.

The golf tourism market includes revenues earned by entities by providing services such as leisure tourism, tournament tourism, and business tourism. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

Golf tourism refers to the trips undertaken by people to play golf. Golf is a sport in which players use a club to hit a small ball into a series of cups set out on a course. Golf tourism is a part of sport tourism, which is one of the tourism industry's fastest-growing segments. Golf tourism refers to domestic or international trips taken by people who play golf at least once while traveling to any destination.

North America was the largest region in the golf tourism market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in golf tourism market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

The main types of golf tourism are domestic and international. International tourism is defined as the act of traveling to a country other than the tourist's home country for leisure or business for no more than one year. The various services include personal tours and professional tours that are sold by direct channel and distribution channels. The golf tourism services are availed by males and females.

The increasing government support for the promotion of golf tourism is expected to drive the growth of the golf tourism market going forward. The governments are promoting golf destinations to domestic and international tourists as a means of earning additional foreign exchange through the development of the niche product and thereby contributing to economic growth. For instance, in June 2021, in Scotland, a new Golf Tourism and Visitor Strategy were developed, with a focus on destination development, community engagement, education, and health as the industry attempts to recover from the challenges of the COVID-19 pandemic. Hence, the rising government initiatives to support golf tourism will drive the growth of the market.

Strategic collaborations and partnerships have emerged as a key trend gaining popularity in the golf tourism market. Major companies operating in the golf tourism sector are focused on strategic collaborations and partnerships to reinforce their position. For instance, in October 2021, Goway, a UK-based golf tourism provider, partnered with Signature Travel Network to expand its reach in the US and strengthen its ability to provide vacations for travelers around the globe. Signature Travel Network is a US-based travel network company. Moreover, in May 2021, golfscape group, a provider of the online marketplace which offers booking capabilities to golfers and golf tourists partnered with Golfmanager, a leading European golf technology provider. As part of this agreement, Golfmanager's client courses will be featured Golfscape's marketplace, which reaches over half a million users and books over 1 million rounds each year. In addition, the partners will collaborate to enhance the efficiency of the golf course management industry by providing a full solution for golf courses and an injection of sales through a next-generation booking process.

In March 2021, Callaway Golf, a US-based equipment manufacturing company that designs, manufactures, markets, and sells golf equipment, acquired Topgolf for $2.6 billion. Through this acquisition, Callaway aimed to accelerate its growth, create competitive advantages and establish leadership in the global golf equipment market by combining Topgolf's revolutionary technology platform and access to golfers of all abilities to its business. Topgolf is a UK-based sport entertainment firm.

The countries covered in the golf tourism market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The golf tourism market research report is one of a series of new reports from The Business Research Company that provides golf tourism market statistics, including golf tourism industry global market size, regional shares, competitors with a golf tourism market share, detailed golf tourism market segments, market trends and opportunities, and any further data you may need to thrive in the golf tourism industry. This golf tourism market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Product Code: r3974

Table of Contents

1. Executive Summary

2. Golf Tourism Market Characteristics

3. Golf Tourism Market Trends And Strategies

4. Golf Tourism Market - Macro Economic Scenario

  • 4.1 COVID-19 Impact On Golf Tourism Market
  • 4.2 Ukraine-Russia War Impact On Golf Tourism Market
  • 4.3 Impact Of High Inflation On Golf Tourism Market

5. Golf Tourism Market Size And Growth

  • 5.1. Global Golf Tourism Historic Market, 2017-2022, $ Billion
    • 5.1.1. Drivers Of The Market
    • 5.1.2. Restraints On The Market
  • 5.2. Global Golf Tourism Forecast Market, 2022-2027F, 2032F, $ Billion
    • 5.2.1. Drivers Of The Market
    • 5.2.2. Restraints On the Market

6. Golf Tourism Market Segmentation

  • 6.1. Global Golf Tourism Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Domestic
  • International
  • 6.2. Global Golf Tourism Market, Segmentation By Service Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Personal Tours
  • Professional Tours
  • 6.3. Global Golf Tourism Market, Segmentation By Sales Channel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Direct Channel
  • Distribution Channel
  • 6.4. Global Golf Tourism Market, Segmentation By End-User Sex, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Male
  • Female

7. Golf Tourism Market Regional And Country Analysis

  • 7.1. Global Golf Tourism Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • 7.2. Global Golf Tourism Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

8. Asia-Pacific Golf Tourism Market

  • 8.1. Asia-Pacific Golf Tourism Market Overview
  • Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
  • 8.2. Asia-Pacific Golf Tourism Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • 8.3. Asia-Pacific Golf Tourism Market, Segmentation By End-User Sex, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

9. China Golf Tourism Market

  • 9.1. China Golf Tourism Market Overview
  • 9.2. China Golf Tourism Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
  • 9.3. China Golf Tourism Market, Segmentation By End-User Sex, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion

10. India Golf Tourism Market

  • 10.1. India Golf Tourism Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • 10.2. India Golf Tourism Market, Segmentation By End-User Sex, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

11. Japan Golf Tourism Market

  • 11.1. Japan Golf Tourism Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • 11.2. Japan Golf Tourism Market, Segmentation By End-User Sex, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

12. Australia Golf Tourism Market

  • 12.1. Australia Golf Tourism Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • 12.2. Australia Golf Tourism Market, Segmentation By End-User Sex, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

13. Indonesia Golf Tourism Market

  • 13.1. Indonesia Golf Tourism Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • 13.2. Indonesia Golf Tourism Market, Segmentation By End-User Sex, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

14. South Korea Golf Tourism Market

  • 14.1. South Korea Golf Tourism Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • 14.2. South Korea Golf Tourism Market, Segmentation By End-User Sex, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

15. Western Europe Golf Tourism Market

  • 15.1. Western Europe Golf Tourism Market Overview
  • 15.2. Western Europe Golf Tourism Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • 15.3. Western Europe Golf Tourism Market, Segmentation By End-User Sex, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

16. UK Golf Tourism Market

  • 16.1. UK Golf Tourism Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • 16.2. UK Golf Tourism Market, Segmentation By End-User Sex, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

17. Germany Golf Tourism Market

  • 17.1. Germany Golf Tourism Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • 17.2. Germany Golf Tourism Market, Segmentation By End-User Sex, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

18. France Golf Tourism Market

  • 18.1. France Golf Tourism Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • 18.2. France Golf Tourism Market, Segmentation By End-User Sex, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

19. Eastern Europe Golf Tourism Market

  • 19.1. Eastern Europe Golf Tourism Market Overview
  • 19.2. Eastern Europe Golf Tourism Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • 19.3. Eastern Europe Golf Tourism Market, Segmentation By End-User Sex, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

20. Russia Golf Tourism Market

  • 20.1. Russia Golf Tourism Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • 20.2. Russia Golf Tourism Market, Segmentation By End-User Sex, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

21. North America Golf Tourism Market

  • 21.1. North America Golf Tourism Market Overview
  • 21.2. North America Golf Tourism Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • 21.3. North America Golf Tourism Market, Segmentation By End-User Sex, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

22. USA Golf Tourism Market

  • 22.1. USA Golf Tourism Market Overview
  • 22.2. USA Golf Tourism Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • 22.3. USA Golf Tourism Market, Segmentation By End-User Sex, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

23. South America Golf Tourism Market

  • 23.1. South America Golf Tourism Market Overview
  • 23.2. South America Golf Tourism Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • 23.3. South America Golf Tourism Market, Segmentation By End-User Sex, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

24. Brazil Golf Tourism Market

  • 24.1. Brazil Golf Tourism Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • 24.2. Brazil Golf Tourism Market, Segmentation By End-User Sex, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

25. Middle East Golf Tourism Market

  • 25.1. Middle East Golf Tourism Market Overview
  • 25.2. Middle East Golf Tourism Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • 25.3. Middle East Golf Tourism Market, Segmentation By End-User Sex, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

26. Africa Golf Tourism Market

  • 26.1. Africa Golf Tourism Market Overview
  • 26.2. Africa Golf Tourism Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • 26.3. Africa Golf Tourism Market, Segmentation By End-User Sex, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

27. Golf Tourism Market Competitive Landscape And Company Profiles

  • 27.1. Golf Tourism Market Competitive Landscape
  • 27.2. Golf Tourism Market Company Profiles
    • 27.2.1. Golf Tours International
      • 27.2.1.1. Overview
      • 27.2.1.2. Products and Services
      • 27.2.1.3. Strategy
      • 27.2.1.4. Financial Performance
    • 27.2.2. GHW Golf Tours
      • 27.2.2.1. Overview
      • 27.2.2.2. Products and Services
      • 27.2.2.3. Strategy
      • 27.2.2.4. Financial Performance
    • 27.2.3. Golfasian Co. Ltd
      • 27.2.3.1. Overview
      • 27.2.3.2. Products and Services
      • 27.2.3.3. Strategy
      • 27.2.3.4. Financial Performance
    • 27.2.4. Golfbreaks Ltd
      • 27.2.4.1. Overview
      • 27.2.4.2. Products and Services
      • 27.2.4.3. Strategy
      • 27.2.4.4. Financial Performance
    • 27.2.5. Perry Travel Inc
      • 27.2.5.1. Overview
      • 27.2.5.2. Products and Services
      • 27.2.5.3. Strategy
      • 27.2.5.4. Financial Performance

28. Key Mergers And Acquisitions In The Golf Tourism Market

29. Golf Tourism Market Future Outlook and Potential Analysis

30. Appendix

  • 30.1. Abbreviations
  • 30.2. Currency Conversions
  • 30.3. Historic And Forecast Historic And Forecast Inflation Rates
  • 30.4. Research Inquiries
  • 30.5. The Business Research Company
  • 30.6. Copyright And Disclaimer
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