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Golf Grip Market to Set Phenomenal Growth From 2025 to 2034

08-05-2025 12:54 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Exactitude Consultancy

Golf Grip

Golf Grip

The global golf grip market was valued at approximately USD 0.34 billion in 2024, and is expected to reach around USD 0.44 billion by 2034, expanding at a CAGR between 2.9% and 3.5% during 2025-2034.

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This moderate growth reflects the maturity of the market as part of the broader golf equipment industry. Recent growth has been propelled by rising interest in golf in emerging regions, innovation in grip materials/designs, and online retail channels reaching amateur and youth demographics.

Key Market Drivers
a. Rising Golf Participation
Surging participation across amateur and junior segments-as reported by the National Golf Foundation-fuels demand for replacement and upgraded grips, boosting aftermarket sales.
b. Performance and Comfort
Advanced materials like rubber composites, corded grips, and hybrid textures are increasingly adopted by players seeking better feel, moisture control, and swing precision.
c. E Commerce Adoption
Easy access to online markets is accelerating grip sales globally. Consumers increasingly purchase specialty grips direct-to-consumer for convenience, customization, and quick delivery.

Restraints & Industry Challenges
a. Market Maturity
The relatively low CAGR (~3%) reflects a mature product segment with few radical innovations and limited pricing power among consumers.
b. Price Sensitivities
Growing use of premium grips may be constrained in emerging markets where cost-sensitive players opt for entry-level or factory-standard grips.
c. Limited Replacement Frequency
Recreational players often undervalue grip replacement frequency, slowing aftermarket sales cycles and repeat purchases.

Opportunities & Emerging Trends
a. Grip Personalization & Custom Fitting
Retailers are increasingly offering grips tailored to hand size, swing type, and playing style. Corded grips composed of rubber with embedded cord layers are popular among players in wetter climates or high-sweat contexts.
b. Sustainable & Advanced Materials
Eco-friendly composites-including recycled rubber and biodegradable synthetics-are being developed to meet growing environmental awareness.
c. Brand Collaborations & Tour Visibility
Professional-tour usage (e.g., Golf Pride grips used by over 80% of tour pros) drives aspirational demand and premium segment growth.

Market Segmentation
By Grip Type
• Rubber grips: ~55% global share-balance of comfort and value
• Corded grips: ~30% share-higher traction, favored by pros and heavy-weather players
• Others (leather, hybrid): ~15%-premium niche products

By Application
• Male golfers: Largest volume share
• Female & Youth segments: Growing interest, customization focus

By Distribution Channel
• Offline retail (pro shops, sports & specialty stores): Still dominant
• Online retail: Fastest growing due to customization, ease, and branded accessories

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Regional Insights
North America leads the market with ~35-40% share in 2023/2024 due to widespread participation, high replacement frequency, and presence of established grip brands.
Europe holds the second-largest share (~25%) with a forecast CAGR near 5% through 2034, supported by strong golf culture in the UK, Germany, and Scandinavia and increasing leisure interest.
Asia Pacific (~20% share) is the fastest-growing region (CAGR ~6%), driven by rising interest in golf in China, Japan, South Korea, and India, along with expanding online retail reach.
Latin America (~6%), Middle East (~4%), and Africa (~3%) complete the regional distribution, each showing steady growth through rising golf tourism and leisure trends.

Competitive Landscape
The golf grip market is dominated by a few key global players with strong brand identities and innovation focus:
• Golf Pride (U.S.): Used by an estimated 80% of professional golfers worldwide; leader in corded and rubber grips
• Lamkin (U.S.): Strong retail presence, widely used in fitting centers and pro shops
• SuperStroke, Winn, TaylorMade, Iomic, Avon Grips, Boccieri-specializing in performance grips, ergonomics, and niche materials.
Competitive strategies include tour endorsements, custom fit programs, proprietary materials, and direct-to-consumer strategies.

Notable Trends & Developments
• Corded grips surging among professionals-offering superior traction in humid climates or during intense play.
• Customization features such as grip-fitting services, logoed personalized designs, and hybrid textures are gaining traction.
• E-commerce and D2C platforms (brand stores, Amazon, specialty golf sites) are reshaping distribution patterns, especially in Asia Pacific.
• Material innovation-lightweight polymers, slip-resistant coatings, and sustainable composites-for improved comfort and eco-credentials.

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Market Outlook & Growth Dynamics
The golf grip market is characterized by consistent, low single-digit growth, expected to remain relatively stable through 2033. Although CAGR is modest (~3%), absolute value growth reflects steady replacement cycles, technological adoption, and demographic expansion.

Opportunities lie in emerging golf markets (Asia, Latin America), premium product innovation, sustainable materials, and direct consumer engagement. Market stability is underpinned by established demand from seasoned players and aftermarket behavior.

Conclusion
The global golf grip market-valued around USD 0.34-0.35 billion in 2024-is forecast to grow to approximately USD 0.44 billion by 2033, with an expected CAGR of 2.9%-3.5%.

North America leads in value, while Asia Pacific is the fastest-growing region. Growth is driven by increasing golf participation, grip innovation, and expanding online channels. While market maturity limits rapid growth, players prioritizing customization, comfort, sustainability, and brand loyalty will excel in this evolving niche.

This report is also available in the following languages : Japanese (ゴルフグリップ市場), Korean (골프 그립 시장), Chinese (高尔夫球握把市场), French (Marché des grips de golf), German (Markt für Golfgriffe), and Italian (Mercato delle impugnature da golf), etc.

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Our More Reports:

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https://exactitudeconsultancy.com/reports/67048/phosphate-fertilizers-market

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https://exactitudeconsultancy.com/reports/67046/agrochemical-supply-chain-market

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https://exactitudeconsultancy.com/reports/67044/asia-pacific-agro-chemicals-and-pesticides-market

About Us
Exactitude Consultancy is a market research & consulting services firm which helps its client to address their most pressing strategic and business challenges. Our market research helps clients to address critical business challenges and also helps make optimized business decisions with our fact-based research insights, market intelligence, and accurate data.
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EMAIL ADDRESS: sales@exactitudeconsultancy.com

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