South Africa Golf Club Market Size & Outlook, 2019-2027

The golf club market in South Africa is expected to reach a projected revenue of US$ 119.4 million by 2027. A compound annual growth rate of 3.1% is expected of South Africa golf club market from 2020 to 2027.
Revenue, 2019 (US$M)
$93.2
Forecast, 2027 (US$M)
$119.4
CAGR, 2020 - 2027
3.1%
Report Coverage
South Africa

South Africa golf club market highlights

  • The South Africa golf club market generated a revenue of USD 93.2 million in 2019 and is expected to reach USD 119.4 million by 2027.
  • The South Africa market is expected to grow at a CAGR of 3.1% 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.


Golf club market data book summary

Market revenue in 2019USD 93.2 million
Market revenue in 2027USD 119.4 million
Growth rate3.1% (CAGR from 2019 to 2027)
Largest segmentLeisure
Fastest growing segmentLeisure
Historical data2016 - 2018
Base year2019
Forecast period2020 - 2027
Quantitative unitsRevenue in USD million
Market segmentationLeisure, Professional
Key market players worldwideTopgolf 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, South Africa accounted for 2.5% of the global golf club market in 2019.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2027.
  • In Middle East & Africa, South Africa golf club market is projected to lead the regional market in terms of revenue in 2027.
  • South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 119.4 million by 2027.

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Golf Club Market Companies

Name Profile # Employees HQ Website

South Africa 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 76.29% in 2019. Horizon Databook has segmented the South Africa golf club market based on leisure, professional covering the revenue growth of each sub-segment from 2016 to 2027.


South Africa is the fastest-growing market for golf equipment in the Middle East & Africa owing to the highest number of golf facilities available in the country. The country had 484 golf facilities in 2017 and accounts for 55% of all of Africa’s golf facilities. An improving economy and rising disposable of the consumers are boosting the demand for golf equipment, including clubs, in the country.

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Target buyers of South Africa golf club market databook

  • Our clientele includes a mix of golf club market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa golf club market , including forecasts for subscribers. This country databook contains high-level insights into South Africa golf club market from 2016 to 2027, including revenue numbers, major trends, and company profiles.

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South Africa golf club market size, by application, 2016-2027 (US$M)

South Africa Golf Club Market Outlook Share, 2019 & 2027 (US$M)

South Africa golf club market size, by application, 2016-2027 (US$M)

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