Global Golf Club Market Size & Outlook, 2019-2027
Global golf club market, 2016-2027 (US$M)
Related Markets
Global golf club market highlights
- The global golf club market generated a revenue of USD 3,658.6 million in 2019 and is expected to reach USD 4,447.9 million by 2027.
- The market is expected to grow at a CAGR (2020 - 2027) of 2.5% by 2027.
- In terms of segment, leisure accounted for a revenue of USD 2,936.1 million in 2019.
- Leisure is the most lucrative application segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2019.
- Country-wise, Brazil is expected to register the highest CAGR from 2020 to 2027.
Global data book summary
| Market revenue in 2019 | USD 3,658.6 million |
| Market revenue in 2027 | USD 4,447.9 million |
| Growth rate | 2.5% (CAGR from 2019 to 2027) |
| Largest segment | Leisure |
| Fastest growing segment | Leisure |
| Historical data covered | 2016 - 2018 |
| Base year for estimation | 2019 |
| Forecast period covered | 2020 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Leisure, Professional |
Other key industry trends
- In terms of revenue, the North America accounted for 45.2% of the global golf club market in 2019.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2027.
- By country, Brazil is the fastest growing regional market and is projected to reach USD 113.5 million by 2027.
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Golf Club Market Scope
Golf Club Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global golf club 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 club market will help companies and investors design strategic landscapes.
Leisure was the largest segment with a revenue share of 80.25% in 2019. Horizon Databook has segmented the Global golf club market based on leisure, professional covering the revenue growth of each sub-segment from 2016 to 2027.
- Global Golf Club Application Outlook (Revenue, USD Million, 2016-2027)
- Leisure
- Professional
- Global Golf Club Distribution Channel Outlook (Revenue, USD Million, 2016-2027)
- Sporting Goods Retailers
- Online
- Department & Discount Stores
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Target buyers of Global golf club market databook
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Our clientele includes a mix of golf club market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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 club market , including forecasts for subscribers. This global databook contains high-level insights into Global golf club market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Global golf club market size, by regions, 2016-2027 (US$M)
Top 10 countries: Golf club market size, 2019 (US$M)
Global golf club market share, by application, 2019 & 2027 (%, US$M)
Golf club market: Opportunity assessment by country
Global golf club market, by region, 2019 (US$M)
| Application | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 1,582.3 | 1,606.4 | 1,635.6 | 1,655.5 | 1,665.8 | 1,699.4 | 1,738.8 | 1,780.8 | 1,827.4 | 1,878.9 | 1,937.5 | 1,999.8 | 2.4% |
| Europe | 871.3 | 881.7 | 894.9 | 902.9 | 905.6 | 920.9 | 939.2 | 958.8 | 980.7 | 1,005.0 | 1,032.9 | 1,062.6 | 2.1% |
| Asia Pacific | 658.6 | 674.8 | 693.4 | 708.3 | 719.2 | 740.3 | 764.2 | 789.6 | 817.4 | 847.8 | 881.8 | 918.1 | 3.3% |
| Latin America | 224.5 | 226.4 | 228.9 | 230.1 | 229.9 | 232.9 | 236.7 | 240.6 | 245.2 | 250.2 | 256.2 | 262.4 | 1.7% |
| MEA | 151.7 | 155.0 | 158.8 | 161.7 | 163.7 | 168.1 | 173.0 | 178.3 | 184.0 | 190.4 | 197.5 | 205.1 | 3.0% |
| Overall | 3,488.5 | 3,544.3 | 3,611.6 | 3,658.6 | 3,684.2 | 3,761.5 | 3,851.8 | 3,948.1 | 4,054.7 | 4,172.3 | 4,305.8 | 4,447.9 | 2.5% |
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