2022 Golf Equipment Market 2022: Key Trends, Applications, Size, Share And Forecast 2031

The global golf equipment market report by the business research company the increase in golf tourism and government support to be a major growth driver for the golf equipment market. Governments are promoting golf resorts to local and international tourists to generate additional foreign exchange through the development of golf tourism, thereby contributing to economic progress. Golf tourism will enhance the sales and demand for golf equipment. For instance, in June 2021, Scotland established a new golf tourism and visitor strategy, with an emphasis on destination development, community participation, education, and health. Therefore, the increase in golf tourism and government support are driving the growth of the market

The global golf equipment market size is expected to grow from $8.06 billion in 2021 to $8.37 billion in 2022 at a compound annual growth rate (CAGR) of 3.8%. The global golf equipment market size is expected to grow to $9.62 billion in 2026 at a CAGR of 3.5%.

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North America was the largest region in the golf equipment market in 2021. Asia-Pacific is expected to be the fastest-growing region in the global golf equipment market during the forecast period. The regions covered in the global golf equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Major players in the golf equipment market are Acushnet Holdings Corp., Callaway Golf Company, TaylorMade Golf Company, Nike Inc., Bridgestone Corporation, Amer Sports Corporation, Sumitomo Rubber Industries Ltd., Adidas AG, Wilson Sporting Goods, Roger Cleveland Golf Company Inc, Golfsmith International Holdings Inc., Titleist, SRI Sports Limited, Dixon Golf Inc, Dick's Sporting Goods Inc., Cobra Golf, Parsons Xtreme Golf, Mizuna USA Inc, Cleveland Golf, True Temper, and Dunlop Sports Co. Ltd.

The global golf equipment market is segmented -
1) By Product Type: Golf Clubs, Golf Balls, Golf Bags and Accessories, Apparel, Footwear
2) By Distribution Channel: Specialty Stores, Sporting Goods Chain, On-Course Shops, Online Stores, Others
3) By End-User: Amateurs, Professionals

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The Golf equipment market Report Contents Include
1. Executive Summary
2. Golf Equipment Market Characteristics
3. Golf Equipment Market Trends And Strategies
4. Impact Of COVID-19 On Golf Equipment
5. Golf Equipment Market Size And Growth
......
26. Africa Golf Equipment Market
27. Golf Equipment Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Golf Equipment Market
29. Golf Equipment Market Future Outlook and Potential Analysis
30. Appendix

This report covers the trends and market dynamics of the golf equipment market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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