Asia Pacific Golf Club Market Size & Outlook, 2019-2027
Asia Pacific golf club market, 2016-2027 (US$M)
Related Markets
Asia Pacific golf club market highlights
- The Asia Pacific golf club market generated a revenue of USD 708.3 million in 2019.
- The market is expected to grow at a CAGR of 3.3% from 2020 to 2027.
- In terms of segment, leisure was the largest revenue generating application in 2019.
- Leisure is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2020 to 2027.
Asia Pacific data book summary
| Market revenue in 2019 | USD 708.3 million |
| Market revenue in 2027 | USD 918.1 million |
| Growth rate | 3.3% (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 |
| Key market players worldwide | Topgolf Callaway Brands Corp, Acushnet Holdings Corp, Sumitomo Rubber Industries Ltd, Mizuno Corp, Amer Sports Inc, Bridgestone Corp, TaylorMade Golf, Bettinardi Golf, Ben Hogan Golf |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 19.4% of the global golf club market in 2019.
- Globally, North America is projected to lead the regional market in terms of revenue in 2027.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 918.1 million by 2027.
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Golf Club Market Scope
Golf Club Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific 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 85.88% in 2019. Horizon Databook has segmented the Asia Pacific golf club market based on leisure, professional covering the revenue growth of each sub-segment from 2016 to 2027.
Asia Pacific offers strong growth potential for golf clubs owing to the rising golf-playing population and increasing disposable income of the middle-class population. The sales of golf equipment are mainly driven by an increasing number of golf tournaments and a growing number of participants.
While the sport is more commonly played by men, the number of women golfers has increased over the past few years. As per HSBC Golf Report, Asia holds the highest number of female golfers across the globe, wherein 6 out of top 10 players hail from Asia.
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Target buyers of Asia Pacific 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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific golf club market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific golf club market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Asia Pacific golf club market size, by country, 2016-2027 (US$M)
Asia Pacific Golf Club Market Outlook Share, 2019 & 2027 (US$M)
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