Brazil Golf Equipment Market Size & Outlook, 2021-2030
Brazil golf equipment market, 2017-2030 (US$M)
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Brazil golf equipment market highlights
- The Brazil golf equipment market generated a revenue of USD 72.9 million in 2021 and is expected to reach USD 87.4 million by 2030.
- The Brazil market is expected to grow at a CAGR of 2% from 2022 to 2030.
- In terms of segment, golf club was the largest revenue generating product in 2021.
- Golf Footwear & Apparel is the most lucrative product segment registering the fastest growth during the forecast period.
Golf equipment market data book summary
| Market revenue in 2021 | USD 72.9 million |
| Market revenue in 2030 | USD 87.4 million |
| Growth rate | 2% (CAGR from 2021 to 2030) |
| Largest segment | Golf club |
| Fastest growing segment | Golf Footwear & Apparel |
| Historical data | 2017 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Golf Club, Golf Balls, Golf Gear, Golf Footwear & Apparel |
| Key market players worldwide | Topgolf Callaway Brands Corp, Srixon, Acushnet Holdings Corp, TaylorMade Golf, Sumitomo Rubber Industries Ltd, Mizuno Corp, Wilson Bank Holding Co, Fairfax Financial Holdings Ltd Shs Subord.Vtg, Ping An Insurance (Group) Co. of China Ltd ADR |
Other key industry trends
- In terms of revenue, Brazil accounted for 1.0% of the global golf equipment market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil golf equipment market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 87.4 million by 2030.
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Golf Equipment Market Scope
Golf Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil golf equipment market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to golf equipment market will help companies and investors design strategic landscapes.
Golf club was the largest segment with a revenue share of 50.34% in 2021. Horizon Databook has segmented the Brazil golf equipment market based on golf club, golf balls, golf gear, golf footwear & apparel covering the revenue growth of each sub-segment from 2017 to 2030.
This market dominance is marked by the presence of about 100 golf resorts in the country. Terravista, is Brazil’s most reputed and popular golf course designed by an American architect. Another well-known course is the São Fernando Golf Club, near São Paulo.
Golf sport is considered as an elite activity in this country. Brazil witnessed significant growth in this industry and associated markets especially after golf being considered as an Olympic sport, in 2016. Most of the Brazilian golf courses are located in the luxury hotels in the countryside.
Brazil has very few local brands of golf equipment’s. One of the major players in this country is Golfer. Majority of golf equipment are imported and sold through online channels and some through specialized stores and shops located in the golf clubs.
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Our clientele includes a mix of golf equipment market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil golf equipment market , including forecasts for subscribers. This country databook contains high-level insights into Brazil golf equipment market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil golf equipment market size, by product, 2017-2030 (US$M)
Brazil Golf Equipment Market Outlook Share, 2021 & 2030 (US$M)
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