Press release
Global Golf Apparel Market: Remarkable Growth and Key Trends With Market Size Expected to Reach $4.68 Billion By 2029
Exploring the positive market landscape of the global golf apparel market in the focus period, with anticipated growth from $3.31 billion in 2024 to $4.68 billion in 2029 at a Compound Annual Growth Rate (CAGR) of 7.1%.What Is The Projected Market Size Of The Global Golf Apparel Market And Its Growth Rate?
• The market size of the golf apparel sector is seen growing significantly from $3.31 billion in 2024 to $3.55 billion in 2025 at a CAGR of 7.1%.
• Factors contributing to this growth in the historic period encompass traditional dress codes in golf clubs, popularity of golf as a recreational sport, influence of professional golf tournaments, evolving golf fashion and style trends, surge in golf tourism and destination golf courses.
• Looking forward, the market size is projected to witness strong growth, reaching $4.68 billion in 2029 at a CAGR of 7.1%.
• Future growth can be attributed to golf emerging as a social activity, increasing sponsorships and endorsement deals, higher participation of women in golf, expansion of golf retail outlets, golf being considered as a fitness activity, and advancement in customised golf attire.
What Is Driving The Growth In The Golf Apparel Market?
Expanding golf events globally are expected to propel the growth of the golf apparel market. The ascent in the number of golf events, including professional golf competitions, pro-am competitions, charity tournaments, and public golf-related activities, is providing an ample platform for the golf apparel industry to flourish. Notably, according to the National Golf Foundation, 531 million rounds of golf were played in the United States in 2023. Optimal and comfortable golf apparel supports athletes in maintaining focus and enhancing performance during these events, thereby accelerating the growth of the golf apparel market.
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Who Are the Key Players Driving Golf Apparel Market Growth?
• Nike Inc.
• Adidas AG
• Puma SE
• Lululemon Athletica Inc.
• Ralph Lauren Corporation
• Under Armour Inc.
• Uniqlo Co Ltd.
• Hugo Boss AG
• Topgolf Callaway Brands Corp
• Calvin Klein Inc.
• Fila Holdings Inc.
• Amer Sports Oy
• Lacoste Alligator S.A.
• U.S. Polo Assn.
• Acushnet Holdings Corp
• Mizuno Corporation
• Oakley Inc.
• TaylorMade Golf Company Inc.
• FootJoy
• Wilson Sporting Goods Co
• HEAD Sport GmbH
• TravisMathew LLC
• Roger Cleveland Golf Company Inc.
• TRUE Sports Inc.
• Peter Millar
• Dixon Golf Inc.
• Bonobos Inc.
• KJUS Inc.
• Greyson Clothiers
• Abacus Sportswear AB
What Are The Key Trends In The Golf Apparel Market?
• Technological innovations in smart golf wear
• Integration of wearable technology in golf apparel
• Growing demand for sustainable and biodegradable golf clothing
• Collaborations between golf apparel brands and professional golfers
• Adoption of advanced performance technologies in fabrics
What Are The Segments Of The Global Golf Apparel Market?
• By Type: Clothes, Hats, Shoes, Other Types
• By Sales Channel: Retail, Specialty Stores, Sports Megastores, Online, On Course Stores, Other Sales Channels
• By Application: Professional, Amateur
• By End User: Men, Women, Kids
Which Region Leads The Golf Apparel Market?
North America dominated the golf apparel market in 2024 and is expected to maintain its fastest-growing region status during the forecast period. The study on the golf apparel market report includes regions such as Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa, providing extensive detailed insights.
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What Is Covered In The Golf Apparel Market Global Market Report?
- Market Size Analysis: Analyze the Golf Apparel Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Golf Apparel 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 Apparel Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Golf Apparel Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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