Germany Golf Equipment Market Size & Outlook, 2021-2030
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Germany golf equipment market highlights
- The Germany golf equipment market generated a revenue of USD 174.5 million in 2021 and is expected to reach USD 239.1 million by 2030.
- The Germany market is expected to grow at a CAGR of 3.6% from 2022 to 2030.
- In terms of segment, golf club was the largest revenue generating product in 2021.
- Golf Gear is the most lucrative product segment registering the fastest growth during the forecast period.
Golf equipment market data book summary
| Market revenue in 2021 | USD 174.5 million |
| Market revenue in 2030 | USD 239.1 million |
| Growth rate | 3.6% (CAGR from 2022 to 2030) |
| Largest segment | Golf club |
| Fastest growing segment | Golf Gear |
| Historical data | 2017 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Golf Club, Golf Balls, Golf Gear, Golf Footwear & Apparel |
| Key market players worldwide | Topgolf Callaway Brands Corp, Srixon, Acushnet Holdings Corp, TaylorMade Golf, Sumitomo Rubber Industries Ltd, Mizuno Corp, Wilson Bank Holding Co, Fairfax Financial Holdings Ltd Shs Subord.Vtg, Ping An Insurance (Group) Co. of China Ltd ADR |
Other key industry trends
- In terms of revenue, Germany accounted for 2.4% of the global golf equipment market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK golf equipment market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 287.0 million by 2030.
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Golf Equipment Market Scope
Golf Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| TaylorMade Golf | View profile | 1001-5000 | Carlsbad, California, United States, North America | http://taylormadegolf.com/home |
| Wilson Bank Holding Co | View profile | 584 | 623 West Main Street, Lebanon, TN, United States, 37087 | https://www.wilsonbank.com |
| Ping An Insurance (Group) Co. of China Ltd ADR | View profile | 288751 | No. 5033 Yitian Road, Ping An Finance Center, 47th, 48th, 109th, 110th, 111th and 112th Floors, Futian District, Guangdong Province, Shenzhen, China, People's Republic of, 518033 | https://www.pingan.cn |
| Sumitomo Rubber Industries Ltd | View profile | 42997 | 3-6-9, Wakinohama-cho, Chuo-ku, Hyogo, Kobe, Japan, 651-0072 | http://www.srigroup.co.jp |
| Fairfax Financial Holdings Ltd Shs Subord.Vtg | View profile | 51044 | 95 Wellington Street West, Suite 800, Toronto, ON, Canada, M5J 2N7 | https://www.fairfax.ca |
| Mizuno Corp | View profile | 5310 | 1-12-35 Nanko-Kita Suminoe-ku, Osaka-shi, Japan, 559-8510 | http://www.mizuno.co.jp |
| Srixon | View profile | 101-250 | Huntington Beach, California, United States, North America | https://www.srixon.com/ |
| Acushnet Holdings Corp | View profile | 7300 | 333 Bridge Street, Fairhaven, MA, United States, 02719 | https://www.acushnetholdingscorp.com |
| Topgolf Callaway Brands Corp | View profile | 32000 | 2180 Rutherford Road, Carlsbad, CA, United States, 92008 | https://www.topgolfcallawaybrands.com |
Germany golf equipment 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 equipment market will help companies and investors design strategic landscapes.
Golf club was the largest segment with a revenue share of 46.99% in 2021. Horizon Databook has segmented the Germany golf equipment market based on golf club, golf balls, golf gear, golf footwear & apparel covering the revenue growth of each sub-segment from 2017 to 2030.
The number of registered golfers in the country is increasing and the country accounts for 15.0% of the total golfers in Europe. Increasing number of rounds played by present golfers and growing demand for custom-made equipment for better performance are fueling demand for golf equipment, thereby favoring the market growth.
Increasing number of professional golfers along with increasing will of amateur golfers and efforts taken by them to become professional golfers is acting as a major factor for growth of golf equipment industry in the country.
Presence of key players with a wide range of product offerings, providing consumers with the right equipment as per their needs, is complementing the market growth. The increasing presence of big e-commerce players and growing preference for e-tailing as a major sales channel from key players is fueling the market growth.
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Target buyers of Germany golf equipment market databook
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Our clientele includes a mix of golf equipment 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 equipment market , including forecasts for subscribers. This country databook contains high-level insights into Germany golf equipment market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Germany golf equipment market size, by product, 2017-2030 (US$M)
Germany Golf Equipment Market Outlook Share, 2021 & 2030 (US$M)
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