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A golf club is constructed of wood or metal and has a thin shaft. The head of the golf club is part of every golf facility. Different sorts of golf club heading materials include woods to strike great distance shots; ball hole putters; various types of iron to hit. For high altitude, very precise and short-term utilities, an iron category is frequently employed. The angle of these various types of golf clubs (loft) varies from club to club level. In general, a set of heads of a golf club is a collection of unique heads so that the participants may pick an appropriate leading club. With the advent of the COVID-19 pandemic, the government had enforced lockdown which resulted in the restriction of outdoor movement and all operations in the golf club and course had to put on a halt. Due to lockdown, the demand for golf club had decreased as there was no requirement by the golfers.
COVID-19 Impact Analysis
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Market Trends
The construction of new golf courses is expected to fuel the growth of the golf club market.
Over the past several years, the number of golf courses worldwide has increased, particularly in the top golfing countries. In addition to being one of the major nations in the golf business, more than 50 per cent of golf courses are in the United States, Japan, Germany, Canada, South Korea, Sweden, France, and Italy. Mainly private clubs, golf-centric properties and golf resorts belong to these courses. More than 30 000 golf courses are available to the public globally, and over 70% are therefore widely accessible. There are now about 200 golf courses under construction and more than 350 golf courses worldwide. The construction of a new golf course shows that the demand for golf equipment throughout the predicted period has significantly increased.
New product launches to flourish the market.
The manufacturing companies have to invest in R&D to develop golf clubs with new material that makes the club more sturdy and lightweight. The club should be well-suited to enable the golfer to perform excellent strokes and decrease the risk. A new style of the golf club will attract consumers with increasing popularity, may increase sales. The advanced adjustable grip can replace conventional grip as consumers are likely to opt for new technology with added benefits. Progress in technology in golf clubs and balls should offer a new chance for the golf gear business. Technologically improved golf clubs enable golfers to hit the ball smoothly at a considerably wider distance.
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