Press release
Golf Tourism Market: Explosive Growth on Cards, Market Projected to Reach $9.09 Billion by 2029
Golf Tourism Market
What Is The Projected Market Size Of The Global Golf Tourism Market And Its Growth Rate?
The Golf tourism market has been exhibiting a strong growth trajectory over the recent years. Key statistics include:
•The market size has grown from $5.83 billion in 2024 to $6.28 billion in 2025, showcasing a compound annual growth rate (CAGR) of 7.8%.
•The market is further projected to expand to $9.09 billion in 2029 at a CAGR of 9.7%.
The historic growth period can be primarily attributed to the global popularity of golf, development of golf courses, international sporting events, resort and destination marketing, corporate golf events, and cultural and recreational attractions. The forecast period growth, on the other hand, can be largely credited to emergence of new golf destinations, golf course renovations and upgrades, culinary and gastronomic experiences, government support and investment, specialized golf events.
What Is Driving The Growth In The Golf Tourism Market?
Governmental initiatives and support for promoting golf tourism substantially drive the growth of the golf tourism market. Many government bodies are endorsing golf destinations among domestic and international tourists as a means to earn additional foreign exchange, encouraging the development of the niche product, and accordingly contributing to economic growth. An instance of such governmental action was in February 2023, when the United States Golf Association (USGA) rolled out the US National Development Program (USNDP) to support elite golf talent development across the nation. By identifying, training, and financially assisting promising junior players from diverse backgrounds, this initiative is aimed to mitigate the competitive disadvantage USA faces in golf development compared to other countries. The USNDP has proposed a sustainable grant initiative to cover expenses such as entry fees and coaching fees, with plans to support 1,000 junior players by 2027.
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Who Are the Key Players Driving Golf Tourism Market Growth?
The key players influencing the golf tourism market include:
•Fairway Escapes
•Goway Travel
•Golfbreaks Ltd
•Greenscape Holidays
•Par Excellence Getaways
•Carr Golf
•Premier Golf Tours
•Kalos Golf
•Celtic Golf
•Golfasian Co. Ltd
•Direct Golf Holidays
•SouthAmerica.travel
•Ascot Golf Tours
•Chaka Travel
•TeeTime Travels
What Are The Key Trends In The Golf Tourism Market?
Major trends in the golf tourism market include:
•Integration of technology in golf travel planning
•Sustainable and eco-friendly golf tourism
•Customized golf tour packages
•Collaborations with golf celebrities
•Golf cruise packages
What Are The Segments Of The Global Golf Tourism Market?
The global golf tourism market is segmented by:
•Type: Domestic, International
•Service Type: Personal Tours, Professional Tours
•Sales Channel: Direct Channel, Distribution Channel
•End-User Sex: Male, Female
Which Region Leads The Golf Tourism Market?
North America was the largest region in the golf tourism market in 2024, with Asia-Pacific expected to lead the market growth in the forecast period. The golf tourism market report also covers other regions such as Western Europe, Eastern Europe, South America, Middle East, Africa.
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What Is Covered In The Golf Tourism Market Global Market Report?
The report provides an in-depth analysis of the golf tourism market, including: market size analysis, market segmentation analysis, key player focus, growth trends analysis, market contribution, growth drivers, industry challenges, and competitive developments.
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