Press release
Golf Club Market: Size Projections, Growth Drivers, and Key Trends (2025 - 2034)
Golf Club Market
What Is The Projected Market Size Of The Global Golf Club Market And Its Growth Rate?
The golf club market size is earmarked for considerable expansion, reflecting burgeoning interest in golf and the rise in golf facilities.
• It grew from $7.76 billion in 2024 to $8.02 billion in 2025 at a compound annual growth rate (CAGR) of 3.4%.
• Factors attributing to this growth include soaring popularity of golf as a fitness activity, increased number of golf tournaments and events, and rising interest in golf as a leisure activity.
• The golf club market is projected to grow to $9.61 billion in 2029 at a compound annual growth rate (CAGR) of 4.6%.
• The anticipated growth in the forecast period can be credited to increasing demand for personalized golf clubs, expansion of golf courses and facilities, and rise in disposable income.
What Is Driving The Growth In The Golf Club Market?
Government initiatives aimed at promoting golf tourism are expected to fuel the growth of the golf club market. As golf clubs form an essential part of the golfing equipment, increased investment in golf tourism projects worldwide contributes positively to the market's development. A case in point is the $4.4 million investment by the Canadian government into professional golf tournaments to boost the economy and attract tourists across the region. Such endeavours render a favourable environment for the golf club market growth.
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Who Are the Key Players Driving Golf Club Market Growth?
• Bridgestone Golf Inc.
• Sumitomo Rubber Industries Ltd.
• Callaway Golf Inc.
• Topgolf Callaway Brands Corp.
• Amer Sports Oy
• Acushnet Holdings Corp.
• Mizuno Corporation
• TaylorMade Golf Company Inc.
• Wilson Sporting Goods Co.
• Ping Inc.
• Cobra Golf Inc.
• Cleveland Golf Company Inc.
• Honma Golf Ltd.
• Krank Golf
• Srixon Ltd.
• Miura Golf LP
• U.S. Kids Golf LLC
• Ben Hogan Golf Equipment Company
• Tour Edge Golf Inc.
• Lynx Golf Limited
• Parsons Xtreme Golf LLC
• Evnroll
• Bettinardi Golf
• Sub 70 Golf Ltd.
• Vega Golf
• Piretti Golf Inc.
• Fourteen Golf
What Are The Key Trends In The Golf Club Market?
The thriving golf club market witnesses some key trends including:
• Partnerships and collaborations
• Innovative solutions
• Technological advancements in golf club design
• Market expansion in key regions
What Are The Segments Of The Global Golf Club Market?
1) By Product Type: Woods, Hybrids, Irons, Wedges, Putters
2) By Hand Orientation: Left-Hand Clubs, Right-Hand Clubs
3) By Price Range: Premium or High, Economy or Mid-Range
4) By Distribution Channel: Supermarkets and Hypermarkets, Specialty Stores, Online Retail, Other Distribution Channels
5) By Application: Leisure, Professional
Which Region Leads The Golf Club Market?
North America held the largest share in the golf club market in 2024. However, the fastest-growing region in the forecast period is expected to be Asia-Pacific, thanks to the increased popularity and uptake of golf in the region. Other regions covered in the report include Western Europe, Eastern Europe, South America, Middle East, and Africa.
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What Is Covered In The Golf Club Market Global Market Report?
- Market Size Analysis: Analyze the Golf Club Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Golf Club Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Golf Club Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Golf Club Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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