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Product innovation is a key trend gaining popularity in the golf apparel market. Major companies operating in the golf apparel market are focused on innovating new products to sustain their position in the market. For instance, in April 2022, Crew Clothin
Golf Apparel Market
Golf Apparel Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The golf apparel market has grown significantly in recent years. It will expand from $3.31 billion in 2024 to $3.52 billion in 2025 at a CAGR of 6.2%. Historic growth was influenced by traditional dress codes in clubs, golf's rising popularity as a leisure sport, the impact of professional tournaments, evolving fashion trends, and the increase in golf tourism.
Golf Apparel Market Size Forecast: What's the Projected Valuation by 2029?
In the coming years, a robust expansion is predicted in the golf clothing market. The market is expected to rise to $4.6 billion by 2029, with a compound annual growth rate of 6.9%. Factors contributing to this expansion during the projection period include the recognition of golf as a societal sport, backing from golf stars and businesses, an upswing in female golf participation, amplified golf retail and merchandise outlets, the increase of golf as a fitness regime, the preference for custom and personalized golf dress, and the appeal of throwback and vintage-style golf clothing. Prominent trends during this period will be tech enhancements in intelligent golf clothing, the incorporation of wearable tech in golf attire, a rising appeal for eco-friendly and compostable golf attire, partnerships between golf apparel labels and professional golfers, as well as the adoption of innovative performance technologies in materials.
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What Are the Drivers Transforming the Golf Apparel Market?
The surge in golf-related activities is predicted to spur the golf apparel market's expansion in the future. The term 'golf event' is associated with both males' and females' stroke play games, where an athlete engages in competition. These events encompass professional golf matches, pro-am contests, expos, workshops, charitable golf tournaments, media showings, open training sessions, and any other public golf-centric events. In this sport, wearing comfortable gear helps the players to stay focused, perform better, and appreciate the game. For example, it was revealed by the National Golf Foundation (NGF), a non-profit establishment in the US, that the country saw 531 million rounds of golf in 2023, exceeding the previous record of 529 million established in 2021. Consequently, the uptick in golf events has been a significant force driving the expansion of the golf apparel market.
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What Long-Term Trends Will Define the Future of the Golf Apparel Market?
The emergent trend of product innovation is becoming prevalent in the golf apparel industry. Major influencers in this market are concentrating on producing new, innovative products to maintain their market presence. Crew Clothing, a UK-based retail clothing business, for example, debuted its inaugural technical golf clothing line in April 2022. Their golf attire showcases a range of enhancements to boost comfort and performance, such as pieces with a four-way stretch for easy swings. Several items feature COOLMAX moisture-wicking technology for added comfort. Furthermore, the men's quilted gilet includes DuPont Sorona, a plant-derived filling material, combining built-in warmth with extreme lightness.
Which Segments in the Golf Apparel Market Offer the Most Profit Potential?
The golf apparel market covered in this report is segmented -
1) By Type: Clothes, Hats, Shoes, Other Types
2) By Sales Channel: Retail, Specialty Stores, Sports Megastores, Online, On Course Stores, Other Sales Channels
3) By Application: Professional, Amateur
4) By End User: Men, Women, Kids
Subsegments:
1) By Clothes: Polo Shirts, Golf Trousers Or Shorts, Golf Skirts Or Skorts, Outerwear, Rainwear
2) By Hats: Golf Caps, Visors, Bucket Hats
3) By Shoes: Spiked Golf Shoes, Spikeless Golf Shoes, Waterproof Golf Shoes
4) By Other Types: Golf Belts, Gloves, Socks, Sunglasses
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Which Firms Dominate the Golf Apparel Market by Market Share and Revenue in 2025?
Major companies operating in the golf apparel market include 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
Which Regions Offer the Highest Growth Potential in the Golf Apparel Market?
North America was the largest region in the golf apparel market in 2024. It is expected to be the fastest-growing region in the forecast period. The regions covered in the golf apparel market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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