Germany Golf Bag Market Size & Outlook, 2023-2030

The golf bag market in Germany is expected to reach a projected revenue of US$ 106.8 million by 2030. A compound annual growth rate of 11.8% is expected of Germany golf bag market from 2024 to 2030.
Revenue, 2023 (US$M)
$48.8
Forecast, 2030 (US$M)
$106.8
CAGR, 2024 - 2030
11.8%
Report Coverage
Germany

Germany golf bag market highlights

  • The Germany golf bag market generated a revenue of USD 48.8 million in 2023 and is expected to reach USD 106.8 million by 2030.
  • The Germany market is expected to grow at a CAGR of 11.8% from 2024 to 2030.
  • In terms of segment, stand/carry bag was the largest revenue generating product in 2023.
  • Tour Bag is the most lucrative product segment registering the fastest growth during the forecast period.


Golf bag market data book summary

Market revenue in 2023USD 48.8 million
Market revenue in 2030USD 106.8 million
Growth rate11.8% (CAGR from 2023 to 2030)
Largest segmentStand/carry bag
Fastest growing segmentTour Bag
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationCart/Trolley Bag, Stand/Carry Bag, Tour Bag, Travel Bag, Pencil Bag
Key market players worldwideAcushnet Holdings Corp, Topgolf Callaway Brands Corp, TaylorMade Golf, Ping An Insurance (Group) Co. of China Ltd ADR, Mizuno Corp, Puma SE, Amer Sports Inc


Other key industry trends

  • In terms of revenue, Germany accounted for 3.9% of the global golf bag market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Europe, UK golf bag market is projected to lead the regional market in terms of revenue in 2030.
  • Germany is the fastest growing regional market in Europe and is projected to reach USD 106.8 million by 2030.

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Golf Bag Market Companies

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Germany 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 44.26% in 2023. Horizon Databook has segmented the Germany 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.


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Target buyers of Germany 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 country-level data and insights on the Germany golf bag market , including forecasts for subscribers. This country databook contains high-level insights into Germany golf bag market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Germany golf bag market size, by product, 2018-2030 (US$M)

Germany Golf Bag Market Outlook Share, 2023 & 2030 (US$M)

Germany golf bag market size, by product, 2018-2030 (US$M)

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