Global Golf Bag Market Size & Outlook, 2023-2030
Global golf bag market, 2018-2030 (US$M)
Related Markets
Global golf bag market highlights
- The global golf bag market generated a revenue of USD 1,240.5 million in 2023 and is expected to reach USD 2,323.8 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 9.4% by 2030.
- In terms of segment, stand/carry bag accounted for a revenue of USD 463.9 million in 2023.
- Tour Bag is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 1,240.5 million |
| Market revenue in 2030 | USD 2,323.8 million |
| Growth rate | 9.4% (CAGR from 2023 to 2030) |
| Largest segment | Stand/carry bag |
| Fastest growing segment | Tour Bag |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cart/Trolley Bag, Stand/Carry Bag, Tour Bag, Travel Bag, Pencil Bag |
Other key industry trends
- In terms of revenue, the North America accounted for 50.8% of the global golf bag market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Mexico is the fastest growing regional market and is projected to reach USD 93.6 million by 2030.
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Golf Bag Market Scope
Golf Bag Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| TaylorMade Golf | View profile | 1001-5000 | Carlsbad, California, United States, North America | http://taylormadegolf.com/home |
| Ping An Insurance (Group) Co. of China Ltd ADR | View profile | 288751 | No. 5033 Yitian Road, Ping An Finance Center, 47th, 48th, 109th, 110th, 111th and 112th Floors, Futian District, Guangdong Province, Shenzhen, China, People's Republic of, 518033 | https://www.pingan.cn |
| Amer Sports Inc | View profile | 11400 | Konepajankuja 6, Helsinki, Finland, 00511 | https://www.amersports.com |
| Mizuno Corp | View profile | 5310 | 1-12-35 Nanko-Kita Suminoe-ku, Osaka-shi, Japan, 559-8510 | http://www.mizuno.co.jp |
| Puma SE | View profile | 21164 | Puma Way 1, Herzogenaurach, BY, Germany, 91074 | https://www.puma.com |
| Acushnet Holdings Corp | View profile | 7300 | 333 Bridge Street, Fairhaven, MA, United States, 02719 | https://www.acushnetholdingscorp.com |
| Topgolf Callaway Brands Corp | View profile | 32000 | 2180 Rutherford Road, Carlsbad, CA, United States, 92008 | https://www.topgolfcallawaybrands.com |
Global golf bag 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 bag market will help companies and investors design strategic landscapes.
Stand/carry bag was the largest segment with a revenue share of 37.4% in 2023. Horizon Databook has segmented the Global golf bag market based on cart/trolley bag, stand/carry bag, tour bag, travel bag, pencil bag covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Golf Bag Product Outlook (Revenue, USD Million, 2018-2030)
- Travel Bag
- Cart/Trolley Bag
- Pencil Bag
- Tour Bag
- Stand/Carry Bag
- Global Golf Bag Type Outlook (Revenue, USD Million, 2018-2030)
- Hard
- Soft
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Target buyers of Global golf bag market databook
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Our clientele includes a mix of golf bag market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global golf bag market , including forecasts for subscribers. This global databook contains high-level insights into Global golf bag market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global golf bag market size, by regions, 2018-2030 (US$M)
Top 10 countries: Golf bag market size, 2023 (US$M)
Global golf bag market share, by product, 2023 & 2030 (%, US$M)
Golf bag market: Opportunity assessment by country
Global golf bag market, by region, 2023 (US$M)
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