Unlocking Opportunities in the Golf Tourism Market: 2025-2034 Forecast Report

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How Large Will the Golf Tourism Market Size By 2025?
In recent years, the golf tourism industry has experienced considerable expansion. From 2024 to 2025, it will expand from $5.83 billion to $6.28 billion, boasting a compound annual growth rate (CAGR) of 7.8%. Factors contributing to the growth seen in the historic period include the global interest in golf, the construction of additional golf courses, international sports events, marketing strategies related to resorts and destinations, cultural and leisure attractions, and corporate golf events.

How Big Is the Golf Tourism Market Size Expected to Grow by 2029?
The market size for golf tourism is predicted to witness a robust increase in the coming years, ballooning up to $9.09 billion by 2029 with a compound annual growth rate (CAGR) of 9.7%. This surge during the prediction period can be linked to the advent of fresh golf destinations, upgrades and renovations of golf courses, gastronomic and culinary encounters, government backing and investment, along with unique golf events. Significant trends for the prediction period encompass the employment of technology in arranging golf trips, sustainable and eco-friendly golf tourism, tailor-made golf travel packages, partnerships with golf personalities, and golf cruise packages.

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Which Key Market Drivers Powering Golf Tourism Market Expansion and Growth?
The golf tourism market is anticipated to expand due to heightened governmental efforts to endorse golf tourism. Governments worldwide are advocating for golf attractions for both home and foreign tourists as a way to increase foreign currency earnings through the evolution of unique products thus aiding in their financial growth. To illustrate, in February 2023, the US-based United States Golf Association (USGA), the national body for governing golf courses, clubs, and facilities, unveiled the US National Development Program (USNDP). This created a united means to cultivate top-notch golf talent across the country. The program is primarily concerned with identifying, training, advancing, and financially aiding promising junior players from varied backgrounds with an ultimate goal to eliminate the competitive handicap the US faces against other countries in golf development. A grant initiative is part of the program, aimed at paying for items like entry fees and coaching and has set a target goal of assisting 1,000 junior players by 2027. As a result, the progressive governmental initiatives backing golf tourism are likely to fuel the development of the golf tourism market.

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Which Fast-Growing Trends Are Poised to Disrupt the Golf Tourism Market?
Key players in the golf tourism industry, such as DP World from UAE, are demonstrating an increased emphasis on sustainability endeavors, like the Green Drive tree-planting movement. The rising acknowledgement of eco-friendly practices in attracting environmentally-conscious golf players is visible. It also boosts the attractiveness of golf sites dedicated to environmental conservation. For instance, in June 2023, DP World initiated a new Green Drive tree planting initiative. Its goal is to promote environmental stewardship and help alleviate climate change effects by planting several thousand trees across multiple golf courses, thereby enriching biodiversity and bettering the game's ecological impact.

What Are the Emerging Segments in the Golf Tourism Market?
The golf tourism market covered in this report is segmented -

1) By Type: Domestic, International
2) By Service Type: Personal Tours, Professional Tours
3) By Sales Channel: Direct Channel, Distribution Channel
4) By End-User Sex: Male, Female

Subsegments:
1) By Domestic: Regional Travel, Local Golf Clubs And Resorts
2) By International: Destination Golf Packages, International Golf Events And Tournaments, Golf Tours In Popular International Locations

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Who Are the Global Leaders in the Golf Tourism Market?
Major companies operating in 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, Eagle's View Golf Tours, Golf Tours International, GHW Golf Tours, Perry Travel Inc, Scottish Golf Holidays Inc, The Haversham and Baker Co, GolfHolidays.com, Sophisticated Golfer, Caribbean Golf & Tours, Classic Golf Tours, Golf Plaisir, EasyGolf Worldwide Australia, Asian Tour, Links & Leisure Tours, Birdie Bound Adventures, Driveway Golf Tours, Mulligan Travels, Stroke Savvy Tours

Which are the Top Profitable Regional Markets for the Golf Tourism Industry?
North America was the largest region in the golf tourism market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the golf tourism market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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