Market revenue in 2023 | USD 23,927.9 million |
Market revenue in 2030 | USD 41,870.4 million |
Growth rate | 8.3% (CAGR from 2023 to 2030) |
Largest segment | Domestic |
Fastest growing segment | International |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Domestic, International |
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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 tourism market will help companies and investors design strategic landscapes.
domestic was the largest segment with a revenue share of 62.43% in 2023. Horizon Databook has segmented the Global golf tourism market based on domestic, international covering the revenue growth of each sub-segment from 2018 to 2030.
Rising interest in outdoor sporting events, government funding & measures to promote sports tourism, and growth in the number of young golfers are expected to make a profound impact on the global industry and offer tour operators an opportunity to enter untapped markets.
The growth is also anticipated to be fueled by the growing government backing for the industry. Various governments are marketing sports vacation spots to local and foreign travelers to increase their foreign exchange earnings through the growth of the specialty market and consequently support economic expansion.
Governments across the globe are now keen to exploit the industry's true potential given the popularity and future growth possibilities of this sport. For instance, in August 2022, in Scotland, a new Golfing Tourism Development was launched, directed by the Scottish Golf Tourism Development Group (SGTDG).
Horizon Databook provides a detailed overview of global-level data and insights on the Global golf tourism market , including forecasts for subscribers. This global databook contains high-level insights into Global golf tourism market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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