Companies and Markets
Market Research A to Z | Company Profiles A to Z | Register | Contact Us
+44 (0) 203 086 8600 Call us on

Global Golf Industry, Participation and Growth Forecast

606.74

Select License Type

Electronic License

Electronic License

An electronic version (mostly PDF, but can be Excel or PPT), which is either available for immediate download or will be sent via email by the Publisher of the report. The licencing for an electronic version is for use by the purchaser ONLY.

Corporate License

Corporate License

An electronic version (mostly PDF, but can be Excel or PPT). Where the report(s) is/are intended for use by an organisation in its entirety. For example, if reports are put on an Intranet or if they are distributed or used by more than one office, division, or country operation, then a Corporate Licence is required.

Hard Copy License

Hard Copy License

As described. Hard copy reports are dispatched in the post/mail. However, the majority of our reports are in PDF and are either available for immediate download or they are sent by email within hours of purchase.

£606.74

Change Currency

GBP EURO USD

Market

Leisure

Report Type

Market Research

Country

Global

Published

12 January 2012

Number of Pages

72

Report Delivery

Email

Delivery Lead Time

1-3 hours, 24 hour max

Publisher

AM Mindpower Solutions

File Format

-

Total golf course revenues were up 0.86% in 2010 and 1.10% in 2011 reaching to value of USD ~ billion and USD ~ billion. The figures suggest a positive growth in golf demand and supply while growth rate is relatively low. By 2016, the US golf course revenues will grow at a CAGR 3.75% led by positive growth in golf facilities and operations.

In 2009 consumer purchases of golf supply/equipment declined by 11.45% reaching USD ~ compared to USD ~ billion in 2008. The US golf equipment market is expected to grow at a CAGR 3.08% from 2012-2016. Demand for golf equipments expected to be low in year 2012 due to loosing investor's confidence, slow recovery and recent fall in golf tourism market.

In the US, a fall in number of golf course closure has been witnessed during 2010, from ~ in 2007 to ~ golf course closures in 2010 (in 18-hole equivalents). In terms of direct revenues, European golf industry generated USD ~ billion in 2010 a percentage up from USD ~ billion in 2009. In 2011, golf facility operations reached USD ~ billion and USD ~ billion in 2009. In 2010, an increase in the number of golfers has been seen especially in a full length golf course in the UK.

Worldwide golf sport and equipments/supplies industry is highly fragmented with largest contribution coming from the US, Japan and some of the European countries. Golf industry has a large number of male participants than female while this trend is slowly changing and increasing number of women are entering into the golf business. India and China are emerging markets for this sport.

Per capita income and demographic trends leave a major influence over golf demand and participation. The US golf industry is one of the largest in the world and has advanced golf facilities. While in recent times, its growth rate is slower than expected because of the high cost involved in the game and present economic conditions of the US does not allow spending much on leisure activities. Golf apparel and accessories segment started gaining popularity due to rising per capita disposable income in all parts of the country. The golf industry, particularly equipment sales, is impacted by the participation rate, especially from a group of core golfers, and also by the number of rounds played.

Within Europe, a major portion of golf demand and supply comes from few countries wherein the UK and Ireland stands on top. The European golf industry is benefiting from rising golf participation rate in the UK and revenues generated from golf tours. A major portion of the demand for golf equipment is coming from Western part of the Europe, while Eastern Europe is also indicating rising interest of population in the sport. Manufacturers of golf equipments have reduced their production estimate for 2012 and 2013 due to falling national income and trade.

Golf industry in Asian region is expanding rapidly with growing income and rising golf tourists. It has been estimated that number of golfers in these regions increasing rapidly and generating need to serve rising number of members. India offers huge opportunities for golf industry with large number of population and rise in foreign tourist's arrivals.

Report Scope

The present report on "Global Golf Industry, Participation and Growth Forecast" provides a detailed analysis of golf industry development worldwide with focus on Europe and the US markets. The study includes participation trend, impact of economy over golf industry, golf equipments demand and forecasts. The report has also analyzed industry trends, macro economy environment and driving forces accounting for change in the industry.

Speak to an Advisor

Call us on
+44 (0) 203 086 8600

Select License Type

Electronic License

Electronic License

An electronic version (mostly PDF, but can be Excel or PPT), which is either available for immediate download or will be sent via email by the Publisher of the report. The licencing for an electronic version is for use by the purchaser ONLY.

Corporate License

Corporate License

An electronic version (mostly PDF, but can be Excel or PPT). Where the report(s) is/are intended for use by an organisation in its entirety. For example, if reports are put on an Intranet or if they are distributed or used by more than one office, division, or country operation, then a Corporate Licence is required.

Hard Copy License

Hard Copy License

As described. Hard copy reports are dispatched in the post/mail. However, the majority of our reports are in PDF and are either available for immediate download or they are sent by email within hours of purchase.

£606.74

Change Currency

GBP EURO USD

Visitor Comments

All posts are pre-moderated and must obey the house rules.

Change Currency

GBP
USD

Become an Affiliate

Do you manage an industry specific website or blog? Are you looking to monetise your web traffic further? Are you a B2B website?

Why not offer your visitors industry specific strategic market reports and company profiles? Our Affiliate Program enables you to provide quality content on your website and to earn money from passing on visitors to our website. If a sale is made from your visitor, you earn commission (a fixed percentage of the price of a product).

Custom Research

Cannot find what you need? We can tailor a report for you. Complete the Custom Research Form and we will provide a quote.

Accessibility
Close

Contrast settings

Text size settings