Global Golf Bag Market Size & Outlook, 2023-2030

The golf bag industry worldwide is expected to reach a projected revenue of US$ 2,323.8 million by 2030. A compound annual growth rate of 9.4% is expected of the worldwide golf bag industry from 2024 to 2030.
Revenue, 2023 (US$M)
$1,240.5
Forecast, 2030 (US$M)
$2,323.8
CAGR, 2024 - 2030
9.4%
Report Coverage
Worldwide

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 2023USD 1,240.5 million
Market revenue in 2030USD 2,323.8 million
Growth rate9.4% (CAGR from 2023 to 2030)
Largest segmentStand/carry bag
Fastest growing segmentTour Bag
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationCart/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 Companies

Name Profile # Employees HQ Website

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)
    • Cart/Trolley Bag
    • Stand/Carry Bag
    • Tour Bag
    • Travel Bag
    • Pencil 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

  • Our clientele includes a mix of golf bag market companies, investment firms, advisory firms & academic institutions.
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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.

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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)

Global golf bag market size, by regions, 2018-2030 (US$M)

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