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Golf Equipment Market Growth and New Market Opportunities Explored by 2025

03-08-2018 06:33 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
Golf equipment includes various items, which are used to play the sport of golf. These include golf balls, shoes, bags, golf gloves, golf gear, and golf wear, club, club head cover, cart, towels, tees, ball markers, wedges, putters, and other devices that help golfers in various ways. The target market for golf equipment is skill based dedicated golfers, as these golfers are the most consistent purchasers of golf equipment.

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Among golf equipment, the golf ball is the most important, as it is used by every player in every shot. There are a variety of golf clubs available such as wood, hybrids, fairways, and iron. To know which golf club to use for a particular shot, a golfer needs to know the average distance of hitting a ball with each golf club in the set. The distance varies with each type of golf club.

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Growing popularity of golf across the world amongst older people and spur in golf tourism is driving the growth of the golf equipment market. The physical activity that golf provides is expected to be helpful. Furthermore, among golfers, mental and physical well being, together with improved performance and socializing are common motivations for playing the sport.

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There is a spur in golf tourism mainly due to the growing number of golf courses across the world, and increasing popularity of golf tournaments. Various countries are taking initiatives to drive golf tourism in their region.

About TMR

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

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