PUBLISHER: The Business Research Company | PRODUCT CODE: 1931356
PUBLISHER: The Business Research Company | PRODUCT CODE: 1931356
Golf equipment encompasses items and gear designed for playing the sport, maintaining the course, improving the game, and enhancing the overall golfing experience for players. This equipment includes golf balls, golf clubs, alignment sticks, ball markers, ball retrievers, and other devices that contribute to the sport of golf.
The primary product categories of golf equipment include golf clubs, golf balls, golf bags and accessories, apparel, and footwear. Golf clubs are utilized to strike a golf ball during gameplay and consist of a shaft with a grip and a club head. These clubs are categorized into woods, hybrids, and irons. The distribution of these products occurs through various channels, including specialty stores, sporting goods chains, on-course shops, online stores, and other outlets accessible to both amateur and professional golfers.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs are impacting the golf equipment market by increasing costs of imported metals, composite materials, electronic sensors, and precision manufacturing tools used in golf clubs, balls, and accessories. North America and Europe are most affected due to reliance on imported components from Asia-Pacific manufacturing hubs. These tariffs are raising retail prices and pressuring profit margins for brands and retailers. However, they are also encouraging localized assembly, alternative material sourcing, and innovation in cost-efficient equipment designs.
The golf equipment market research report is one of a series of new reports from The Business Research Company that provides golf equipment market statistics, including golf equipment industry global market size, regional shares, competitors with a golf equipment market share, detailed golf equipment market segments, market trends and opportunities, and any further data you may need to thrive in the golf equipment industry. This golf equipment 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.
The golf equipment market size has grown steadily in recent years. It will grow from $29.45 billion in 2025 to $30.67 billion in 2026 at a compound annual growth rate (CAGR) of 4.1%. The growth in the historic period can be attributed to growth in recreational golf participation, expansion of professional golf tournaments, rising disposable income among consumers, increasing number of golf courses globally, product innovation in golf equipment.
The golf equipment market size is expected to see steady growth in the next few years. It will grow to $37.04 billion in 2030 at a compound annual growth rate (CAGR) of 4.8%. The growth in the forecast period can be attributed to greater adoption of connected golf devices, rising demand for personalized sports equipment, expansion of online retail channels, growing interest in immersive golf training experiences, increased focus on sustainable sporting goods. Major trends in the forecast period include increasing adoption of smart golf equipment, rising demand for eco-friendly golf gear, growing use of virtual training and simulation tools, expansion of custom-fitted golf clubs, enhanced focus on performance-optimized materials.
The growth of the golf equipment market is anticipated to be driven by the rise in golf tourism and government support. Governments are actively promoting golf resorts to both local and international tourists as a means to generate additional foreign exchange through the development of golf tourism, thus contributing to economic growth. This surge in golf tourism is expected to boost sales and demand for golf equipment. For example, in February 2023, the United States Golf Association (USGA), the governing body and national association for golf courses, clubs, and facilities in the US, launched the US National Development Program (USNDP). This program aims to establish a structured approach to cultivating elite golf talent across the nation. It focuses on identifying, training, developing, and financially supporting promising junior players from diverse backgrounds, addressing the competitive disadvantages the US faces in golf development compared to other countries. The initiative includes a sustainable grant program to cover expenses like entry fees and coaching, with a goal of supporting 1,000 junior players by 2027. Consequently, the growth in golf tourism and government backing is propelling the market forward.
Major companies in the golf equipment market are leveraging innovative strategies, such as the development of new products such as carbon fiber drivers, to gain a competitive edge. Carbon fiber, recognized for its lightweight and exceptional strength, is a key material in these advanced drivers. For instance, in January 2023, Topgolf Callaway Brands introduced the Paradym range, featuring groundbreaking technology. The Paradym Drivers, equipped with an industry-first 360 Carbon Chassis, optimize weight distribution for maximum distance and increased forgiveness. With a Triaxial Carbon crown and Forged Carbon sole, these drivers are 44% lighter than titanium chassis, enhancing both ball speed and forgiveness. The drivers, available in three models, cater to specific player preferences and performance requirements.
In February 2023, Acushnet Holdings Corp, a publicly traded company located in the United States, acquired the Club Glove brand for an undisclosed sum. This acquisition holds particular importance as Club Glove is recognized as a leader in golf travel products and is highly esteemed by professional golfers on the PGA and LPGA tours for its high-quality travel gear. Club Glove is a US-based company specializing in golf equipment.
Major companies operating in the golf equipment market are Bridgestone Corporation, Sumitomo Rubber Industries Ltd., Puma SE, Callaway Golf Company, Topgolf Callaway Brands Corp., Amer Sports Corporation, Acushnet Holdings Corp., Titleist (Acushnet Company), Mizuno USA Inc., TaylorMade Golf Company Inc., SRI Sports Limited, Dunlop Sports Co. Ltd., Karsten Manufacturing Corporation, Wilson Sporting Goods, PING Inc., Roger Cleveland Golf Company Inc., Cleveland Golf, Cobra Golf, Parsons Xtreme Golf, Dixon Golf Inc., Srixon Sports, Adams Golf
North America was the largest region in the golf equipment market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the golf equipment market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the golf equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The golf equipment market consists of sales of woods, sticks, wedges, putters, and rubber material. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
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.
Golf Equipment Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses golf equipment 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.
Where is the largest and fastest growing market for golf equipment ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The golf equipment 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, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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