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Golf Equipment Market by Type (Golf Balls, Golf Clubs Golf Shoes, and Others), Distribution Channel (Sports Goods Chain, Specialty Sports Shops, On-course Shops, Online Stores, and Others) - Global Opportunity Analysis and Industry Forecast, 2017-2023

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Pages: 158
Feb 2018 | 2310 Views
 
Author's : Akhila Prasannan and Smriti Loomba
Tables: 78
Charts: 64
 

Golf Equipment Market Overview:

The Global Golf Equipment Market size was valued at $8,156 million in 2016, and is expected to reach $9,666 million by 2023, registering a CAGR of 2.6% from 2017 to 2023.

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All products that are used to play golf are termed as golf equipment. These products include golf clubs, golf balls, golf shoes, and others, which collectively enrich the players game experience.

The global golf equipment industry is driven by increase in golf tourism, owing to considerable setup of golf courses worldwide, growth of the middle-class population, and rise in number of professional and amateur female golfers. However, adoption of other games, including indoor sports, such as chess, badminton, table tennis, and others, owing to the hectic lifestyle of individuals, restricts the adoption of golf equipment. In addition, expensive golf memberships have apparently minimized the registrations, thus impeding the global golf equipment market growth. In addition, surge in online shopping presents a major opportunity for growth of the global golf equipment market.

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The golf clubs segment in the golf equipment market generated the maximum revenue in 2016, as it is one of the key products used in this sport, which generates the highest customer demand. Wooden-made clubs have witnessed the highest demand, because they are popular for long shots from the fairway. However, hybrid clubs made from iron and higher-lofted woods are also gaining popularity among consumers, particularly by players who face difficulty for getting the ball airborne with long irons. Golf shoes are expected to grow at the fastest rate, because consumers, particularly golf players, are demanding comfortable and lightweight, yet fashionable shoes for usage on wet, rough, and soft ground. In addition, few manufacturers have developed advanced featured shoes. For instance, FootJoy Pro/SL shoe provides extreme stability with waterproof upper midsole unit to provide underfoot comfort, thereby ensuring comfort to the players.

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Specialty stores in the global golf equipment market offer an array of golf products of different brands to choose from; thus, they are preferred by consumers to purchase golf equipment. However, department & discount stores are expected to grow at a significant rate, owing to attractive discount policies offered by the vendors. Moreover, online stores are gaining traction as the major distribution channel for golf equipment. This trend is attributable to the high penetration rate of mobile phones, increase in e-commerce sales, significant awareness of online stores, and availability of easy payment options and attractive discounts and offers offered by the these stores. On-course stores are located inside the golf courses; this segment is expected to show considerable progress, as they provide an easy purchase option and quick availability of golf equipment.

The Asia-Pacific golf equipment market is expected to grow at a rapid pace. The adoption of golf as a sport is increasing steadily in China. In 2016, at the Rio Olympics, golfer Feng Shanshan represented the country and won a bronze medal, thus enforcing the government to support this sport. In addition, as per the International Golf Federation, the China Golf Association has more than 500,000 registered members, further driving the Asia-Pacific golf equipment market growth.

Some of the key players operating in the golf equipment market are Acushnet Holdings Corp., Roger Cleveland Golf Company, Inc., Golfsmith International Holdings, Inc., Nike, Inc., Amer Sports Corporation, Bridgestone Sports Ltd, Sumitomo Rubber Industries Ltd.(Japan), Callaway Golf Company, TaylorMade Golf Company, and PING.

Key Benefits for Stakeholders

  • This report provides a quantitative analysis of the current trends and estimations, and dynamics of the global golf equipment market through 2016-2023, which assist in identifying the prevailing market opportunities.
  • Comprehensive analysis of factors that drive and restrict the golf equipment industry growth is provided.
  • Porters Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplierbuyer network.
  • Major countries in each region are mapped according to individual market revenue. Market player positioning provides a clear understanding of the position of leading companies.

Golf Equipment Market Key Segments:

By Type

  • Golf Balls
  • Golf Clubs
  • Golf Shoes
  • Others

By Distribution Channel

  • Specialty Stores
  • Sporting Goods Chain
  • On-course Shops
  • Online Stores
  • Others

By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • South Korea
    • Australia
    • India
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa
 

Chapter: 1: INTRODUCTION

1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments
1.4. Research methodology

1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models

Chapter: 2: EXECUTIVE SUMMARY

2.1. CXO Perspective

Chapter: 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key findings

3.2.1. Top investment pockets
3.2.2. Top winning strategies

3.3. Porter's five forces analysis

3.3.1. Bargaining power of suppliers
3.3.2. Bargaining power of buyer
3.3.3. Threat of new entrants
3.3.4. Threat of substitute
3.3.5. Intensity of competitive rivalry

3.4. Market dynamics

3.4.1. Drivers

3.4.1.1. Growth in golf tourism
3.4.1.2. Growing middle class population
3.4.1.3. Rising professional and amateur female golfers

3.4.2. Restraints

3.4.2.1. Expensive golf memberships and courses impedes the market
3.4.2.2. Busy work schedules
3.4.2.3. Taking up other sports as an alternative

3.4.3. Opportunity

3.4.3.1. Increasing popularity of online stores shopping

3.5. Top player positioning

Chapter: 4: GOLF EQUIPMENT MARKET, BY TYPE

4.1. Overview

4.1.1. Market size and forecast

4.2. Golf clubs

4.2.1. Key market trends, growth factors, and opportunities
4.2.2. Market size and forecast
4.2.3. Market analysis by country

4.3. Golf balls

4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast
4.3.3. Market analysis by country

4.4. Golf shoes

4.4.1. Key market trends, growth factors, and opportunities
4.4.2. Market size and forecast
4.4.3. Market analysis by country

4.5. Others

4.5.1. Key market trends, growth factors, and opportunities
4.5.2. Market size and forecast
4.5.3. Market analysis by country

Chapter: 5: GOLF EQUIPMENT MARKET, BY DISTRIBUTION CHANNEL

5.1. Overview

5.1.1. Market size and forecast

5.2. Specialty store

5.2.1. Key market trends, growth factors, and opportunities
5.2.2. Market size and forecast
5.2.3. Market analysis by country

5.3. Sporting goods chain

5.3.1. Key market trends, growth factors, and opportunities
5.3.2. Market size and forecast
5.3.3. Market analysis by country

5.4. On course pro shop

5.4.1. Key market trends, growth factors, and opportunities
5.4.2. Market size and forecast
5.4.3. Market analysis by country

5.5. Others

5.5.1. Key market trends, growth factors, and opportunities
5.5.2. Market size and forecast
5.5.3. Market analysis by country

5.6. Online stores

5.6.1. Key market trends, growth factors, and opportunities
5.6.2. Market size and forecast
5.6.3. Market analysis by country

Chapter: 6: GOLF EQUIPMENT MARKET, BY REGION

6.1. Overview

6.1.1. Market size and forecast

6.2. North America

6.2.1. Key market trends, growth factors, and opportunities
6.2.2. Market size and forecast, by type
6.2.3. Market size and forecast, by distribution channel
6.2.4. Market size and forecast, by country
6.2.5. U.S.

6.2.5.1. Market size and forecast, by type
6.2.5.2. Market size and forecast, by distribution channel

6.2.6. Canada

6.2.6.1. Market size and forecast, by type
6.2.6.2. Market size and forecast, by distribution channel

6.2.7. Mexico

6.2.7.1. Market size and forecast, by type
6.2.7.2. Market size and forecast, by distribution channel

6.3. Europe

6.3.1. Key market trends, growth factors, and opportunities
6.3.2. Market size and forecast, by Type
6.3.3. Market size and forecast, by distribution channel
6.3.4. Market size and forecast, by country
6.3.5. UK

6.3.5.1. Market size and forecast, by type
6.3.5.2. Market size and forecast, by distribution channel

6.3.6. Germany

6.3.6.1. Market size and forecast, by type
6.3.6.2. Market size and forecast, by distribution channel

6.3.7. France

6.3.7.1. Market size and forecast, by type
6.3.7.2. Market size and forecast, by distribution channel

6.3.8. Spain

6.3.8.1. Market size and forecast, by type
6.3.8.2. Market size and forecast, by distribution channel

6.3.9. Italy

6.3.9.1. Market size and forecast, by type
6.3.9.2. Market size and forecast, by distribution channel

6.3.10. Rest of Europe

6.3.10.1. Market size and forecast, by type
6.3.10.2. Market size and forecast, by distribution channel

6.4. Asia-Pacific

6.4.1. Key market trends, growth factors, and opportunities
6.4.2. Market size and forecast, by type
6.4.3. Market size and forecast, by distribution channel
6.4.4. Market size and forecast, by country
6.4.5. China

6.4.5.1. Market size and forecast, by type
6.4.5.2. Market size and forecast, by distribution channel

6.4.6. India

6.4.6.1. Market size and forecast, by type
6.4.6.2. Market size and forecast, by distribution channel

6.4.7. Japan

6.4.7.1. Market size and forecast, by type
6.4.7.2. Market size and forecast, by distribution channel

6.4.8. Australia

6.4.8.1. Market size and forecast, by type
6.4.8.2. Market size and forecast, by distribution channel

6.4.9. South Korea

6.4.9.1. Market size and forecast, by type
6.4.9.2. Market size and forecast, by distribution channel

6.4.10. Rest of Asia-Pacific

6.4.10.1. Market size and forecast, by type
6.4.10.2. Market size and forecast, by distribution channel

6.5. LAMEA

6.5.1. Key market trends, growth factors, and opportunities
6.5.2. Market size and forecast, by type
6.5.3. Market size and forecast, by distribution channel
6.5.4. Market size and forecast, by region
6.5.5. Latin America

6.5.5.1. Market size and forecast, by type
6.5.5.2. Market size and forecast, by distribution channel

6.5.6. Middle East

6.5.6.1. Market size and forecast, by type
6.5.6.2. Market size and forecast, by distribution channel

6.5.7. Africa

6.5.7.1. Market size and forecast, by type
6.5.7.2. Market size and forecast, by distribution channel

Chapter: 7: COMPANY PROFILE

7.1. Acushnet Holdings Corp.

7.1.1. Company overview
7.1.2. Company snapshot
7.1.3. Operating business segments
7.1.4. Business performance
7.1.5. Key strategic moves and developments

7.2. Adidas AG (Taylor Made Golf Company)

7.2.1. Company overview
7.2.2. Company snapshot
7.2.3. Operating business segments
7.2.4. Business performance
7.2.5. Key strategic moves and developments

7.3. Amer Sports Corporation

7.3.1. Company overview
7.3.2. Company snapshot
7.3.3. Operating business segments
7.3.4. Business performance
7.3.5. Key strategic moves and developments

7.4. Bridgestone Corporation (Bridgestone Golf, Inc.)

7.4.1. Company overview
7.4.2. Company snapshot
7.4.3. Operating business segments
7.4.4. Business performance
7.4.5. Key strategic moves and developments

7.5. Callaway Golf Company

7.5.1. Company overview
7.5.2. Company snapshot
7.5.3. Operating business segments
7.5.4. Business performance

7.6. Dick's sporting goods, Inc. (Golfsmith International Holdings, Inc.)

7.6.1. Company overview
7.6.2. Company snapshot
7.6.3. Operating business segments
7.6.4. Business performance
7.6.5. Key strategic moves and developments

7.7. Dixon Golf, Inc.

7.7.1. Company overview
7.7.2. Company snapshot
7.7.3. Operating business segments

7.8. NIKE, INC.

7.8.1. Company overview
7.8.2. Company snapshot
7.8.3. Operating business segments
7.8.4. Business performance
7.8.5. Key strategic moves and developments

7.9. Sumitomo Rubber Industries, Ltd.( Cleveland Golf Company)

7.9.1. Company overview
7.9.2. Company snapshot
7.9.3. Operating business segments
7.9.4. Business performance

7.10. True Temper

7.10.1. Company overview
7.10.2. Company snapshot
7.10.3. Operating business segments

LIST OF TABLES

TABLE 01. GLOBAL GOLF EQUIPMENT MARKET BY TYPE, 2016-2023, ($MILLION)
TABLE 02. GOLF CLUBS GOLF EQUIPMENT MARKET BY REGION, 2016-2023, ($MILLION)
TABLE 03. GOLF BALLS GOLF EQUIPMENT MARKET BY REGION, 2016-2023, ($MILLION)
TABLE 04. GOLF SHOES GOLF EQUIPMENT MARKET BY REGION, 2016-2023, ($MILLION)
TABLE 05. OTHERS GOLF EQUIPMENT MARKET BY REGION, 2016-2023, ($MILLION)
TABLE 06. GLOBAL GOLF EQUIPMENT MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2016-2023 ($MILLION)
TABLE 07. GOLF EQUIPMENT MARKET THROUGH SPECIALTY STORES, BY REGION, 2016-2023, ($MILLION)
TABLE 08. GOLF EQUIPMENT MARKET THROUGH SPORTING GOODS CHAIN, BY REGION, 2016-2023, ($MILLION)
TABLE 09. GOLF EQUIPMENT MARKET THROUGH ON COURSE SHOP, BY REGION, 2016-2023, ($MILLION)
TABLE 10. GOLF EQUIPMENT MARKET THROUGH OTHERS, BY REGION, 2016-2023, ($MILLION)
TABLE 11. GOLF EQUIPMENT MARKET THROUGH ONLINE STORES, BY REGION, 2016-2023, ($MILLION)
TABLE 12. GLOBAL GOLF EQUIPMENT MARKET REVENUE, BY REGION, 2016-2023 ($MILLION)
TABLE 13. NORTH AMERICA GOLF EQUIPMENT MARKET BY TYPE, 2016-2023, ($MILLION)
TABLE 14. NORTH AMERICA GOLF EQUIPMENT MARKET BY DISTRIBUTION CHANNEL, 2016-2023, ($MILLION)
TABLE 15. NORTH AMERICA GOLF EQUIPMENT MARKET BY COUNTRY, 2016-2023, ($MILLION)
TABLE 16. U.S. GOLF EQUIPMENT MARKET BY TYPE, 2016-2023, ($MILLION)
TABLE 17. U.S. GOLF EQUIPMENT MARKET BY DISTRIBUTION CHANNEL, 2016-2023, ($MILLION)
TABLE 18. CANADA GOLF EQUIPMENT MARKET BY TYPE, 2016-2023, ($MILLION)
TABLE 19. CANADA GOLF EQUIPMENT MARKET BY DISTRIBUTION CHANNEL, 2016-2023, ($MILLION)
TABLE 20. MEXICO GOLF EQUIPMENT MARKET BY TYPE, 2016-2023, ($MILLION)
TABLE 21. MEXICO GOLF EQUIPMENT MARKET BY DISTRIBUTION CHANNEL, 2016-2023, ($MILLION)
TABLE 22. EUROPE GOLF EQUIPMENT MARKET BY TYPE, 2016-2023, ($MILLION)
TABLE 23. EUROPE GOLF EQUIPMENT MARKET BY DISTRIBUTION CHANNEL, 2016-2023, ($MILLION)
TABLE 24. EUROPE GOLF EQUIPMENT MARKET BY COUNTRY, 2016-2023, ($MILLION)
TABLE 25. UK GOLF EQUIPMENT MARKET BY TYPE, 2016-2023, ($MILLION)
TABLE 26. UK GOLF EQUIPMENT MARKET BY DISTRIBUTION CHANNEL, 2016-2023, ($MILLION)
TABLE 27. GERMANY GOLF EQUIPMENT MARKET BY TYPE, 2016-2023, ($MILLION)
TABLE 28. GERMANY GOLF EQUIPMENT MARKET BY DISTRIBUTION CHANNEL, 2016-2023, ($MILLION)
TABLE 29. FRANCE GOLF EQUIPMENT MARKET BY TYPE, 2016-2023, ($MILLION)
TABLE 30. FRANCE GOLF EQUIPMENT MARKET BY DISTRIBUTION CHANNEL, 2016-2023, ($MILLION)
TABLE 31. SPAIN GOLF EQUIPMENT MARKET BY TYPE, 2016-2023, ($MILLION)
TABLE 32. SPAIN GOLF EQUIPMENT MARKET BY DISTRIBUTION CHANNEL, 2016-2023, ($MILLION)
TABLE 33. ITALY GOLF EQUIPMENT MARKET BY TYPE, 2016-2023, ($MILLION)
TABLE 34. ITALY GOLF EQUIPMENT MARKET BY DISTRIBUTION CHANNEL, 2016-2023, ($MILLION)
TABLE 35. REST OF EUROPE GOLF EQUIPMENT MARKET BY TYPE, 2016-2023, ($MILLION)
TABLE 36. REST OF EUROPE GOLF EQUIPMENT MARKET BY DISTRIBUTION CHANNEL, 2016-2023, ($MILLION)
TABLE 37. ASIA-PACIFIC GOLF EQUIPMENT MARKET BY TYPE, 2016-2023, ($MILLION)
TABLE 38. ASIA-PACIFIC GOLF EQUIPMENT MARKET BY DISTRIBUTION CHANNEL, 2016-2023, ($MILLION)
TABLE 39. ASIA-PACIFIC GOLF EQUIPMENT MARKET BY COUNTRY, 2016-2023, ($MILLION)
TABLE 40. CHINA GOLF EQUIPMENT MARKET BY TYPE, 2016-2023, ($MILLION)
TABLE 41. CHINA GOLF EQUIPMENT MARKET BY DISTRIBUTION CHANNEL, 2016-2023, ($MILLION)
TABLE 42. INDIA GOLF EQUIPMENT MARKET BY TYPE, 2016-2023, ($MILLION)
TABLE 43. INDIA GOLF EQUIPMENT MARKET BY DISTRIBUTION CHANNEL, 2016-2023, ($MILLION)
TABLE 44. JAPAN GOLF EQUIPMENT MARKET BY TYPE, 2016-2023, ($MILLION)
TABLE 45. JAPAN GOLF EQUIPMENT MARKET BY DISTRIBUTION CHANNEL, 2016-2023, ($MILLION)
TABLE 46. AUSTRALIA GOLF EQUIPMENT MARKET BY TYPE, 2016-2023, ($MILLION)
TABLE 47. AUSTRALIA GOLF EQUIPMENT MARKET BY DISTRIBUTION CHANNEL, 2016-2023, ($MILLION)
TABLE 48. SOUTH KOREA GOLF EQUIPMENT MARKET BY TYPE, 2016-2023, ($MILLION)
TABLE 49. SOUTH KOREA GOLF EQUIPMENT MARKET BY DISTRIBUTION CHANNEL, 2016-2023, ($MILLION)
TABLE 50. REST OF ASIA-PACIFIC GOLF EQUIPMENT MARKET BY TYPE, 2016-2023, ($MILLION)
TABLE 51. REST OF ASIA-PACIFIC GOLF EQUIPMENT MARKET BY DISTRIBUTION CHANNEL, 2016-2023, ($MILLION)
TABLE 52. LAMEA GOLF EQUIPMENT MARKET BY TYPE, 2016-2023, ($MILLION)
TABLE 53. LAMEA GOLF EQUIPMENT MARKET BY DISTRIBUTION CHANNEL, 2016-2023, ($MILLION)
TABLE 54. LAMEA GOLF EQUIPMENT MARKET BY REGION, 2016-2023, ($MILLION)
TABLE 55. LATIN AMERICA GOLF EQUIPMENT MARKET BY TYPE, 2016-2023, ($MILLION)
TABLE 56. LATIN AMERICA GOLF EQUIPMENT MARKET BY DISTRIBUTION CHANNEL, 2016-2023, ($MILLION)
TABLE 57. MIDDLE EAST GOLF EQUIPMENT MARKET BY TYPE, 2016-2023, ($MILLION)
TABLE 58. MIDDLE EAST GOLF EQUIPMENT MARKET BY DISTRIBUTION CHANNEL, 2016-2023, ($MILLION)
TABLE 59. AFRICA GOLF EQUIPMENT MARKET BY TYPE, 2016-2023, ($MILLION)
TABLE 60. AFRICA GOLF EQUIPMENT MARKET BY DISTRIBUTION CHANNEL, 2016-2023, ($MILLION)
TABLE 61. ACUSHNET HOLDINGS CORP. : COMPANY SNAPSHOT
TABLE 62. ACUSHNET HOLDINGS CORP. : OPERATING SEGMENTS
TABLE 63. ADIDAS AG: COMPANY SNAPSHOT
TABLE 64. ADIDAS AG: OPERATING SEGMENTS
TABLE 65. AMER SPORTS CORPORATION : COMPANY SNAPSHOT
TABLE 66. AMER SPORTS CORPORATION : OPERATING SEGMENTS
TABLE 67. BRIDGESTONE CORPORATION: COMPANY SNAPSHOT
TABLE 68. BRIDGESTONE CORPORATION: OPERATING SEGMENTS
TABLE 69. CALLAWAY GOLF COMPANY : COMPANY SNAPSHOT
TABLE 70. CALLAWAY GOLF COMPANY : OPERATING SEGMENTS
TABLE 71. DICK'S SPORTING GOODS, INC.: COMPANY SNAPSHOT
TABLE 72. DICK'S SPORTING GOODS, INC. : OPERATING SEGMENTS
TABLE 73. DIXON GOLF, INC.: COMPANY SNAPSHOT
TABLE 74. DIXON GOLF, INC. : PRODUCT CATEGORIES
TABLE 75. NIKE, INC. : COMPANY SNAPSHOT
TABLE 76. NIKE, INC: OPERATING SEGMENTS
TABLE 77. SUMITOMO RUBBER INDUSTRIES, LTD. : COMPANY SNAPSHOT
TABLE 78. SUMITOMO RUBBER INDUSTRIES, LTD. : OPERATING SEGMENTS
TABLE 79. TRUE TEMPER : COMPANY SNAPSHOT
TABLE 80. TRUE TEMPER: PRODUCT CATEGORY

LIST OF FIGURES

FIGURE 01. KEY MARKET SEGMENTS
FIGURE 02. EXECUTIVE SUMMARY
FIGURE 03. TOP INVESTMENT POCKETS
FIGURE 04. HIGH BARGAINING POWER OF SUPPLIERS
FIGURE 05. LOW BARGAINING POWER OF BUYER
FIGURE 06. LOW THREAT OF NEW ENTRANTS
FIGURE 07. LOW THREAT OF SUBSTITUTE
FIGURE 08. MODERATE INTENSITY OF COMPETITIVE RIVALRY
FIGURE 09. MIDDLE CLASS CONSUMPTION EXPENDITURES
FIGURE 10. GOLF PLAYERS BASED ON GENDER, 2008-2012
FIGURE 11. TOP PLAYER POSITIONING
FIGURE 12. GOLF EQUIPMENT MARKET, BY TYPE, 2016 (%)
FIGURE 13. COMPARATIVE SHARE ANALYSIS OF GOLF CLUBS GOLF EQUIPMENT MARKET, BY COUNTRY, 2016 & 2023 (%)
FIGURE 14. COMPARATIVE SHARE ANALYSIS OF GOLF BALLS GOLF EQUIPMENT MARKET, BY COUNTRY, 2016 & 2023 (%)
FIGURE 15. COMPARATIVE SHARE ANALYSIS OF GOLF SHOES GOLF EQUIPMENT MARKET, BY COUNTRY, 2016 & 2023 (%)
FIGURE 16. COMPARATIVE SHARE ANALYSIS OF OTHERS GOLF EQUIPMENT MARKET, BY COUNTRY, 2016 & 2023 (%)
FIGURE 17. GOLF EQUIPMENT MARKET, BY DISTRIBUTION CHANNEL, 2016 (%)
FIGURE 18. COMPARATIVE SHARE ANALYSIS OF GOLF EQUIPMENT MARKET THROUGH SPECIALTY STORES, BY COUNTRY, 2016 & 2023 (%)
FIGURE 19. COMPARATIVE SHARE ANALYSIS OF GOLF EQUIPMENT MARKET THROUGH SPORTING GOODS CHAIN, BY COUNTRY, 2016 & 2023 (%)
FIGURE 20. COMPARATIVE SHARE ANALYSIS OF GOLF EQUIPMENT MARKET THROUGH ON COURSE SHOP, BY COUNTRY, 2016 & 2023 (%)
FIGURE 21. COMPARATIVE SHARE ANALYSIS OF GOLF EQUIPMENT MARKET THROUGH OTHERS, BY COUNTRY, 2016 & 2023 (%)
FIGURE 22. COMPARATIVE SHARE ANALYSIS OF GOLF EQUIPMENT MARKET THROUGH ONLINE STORES, BY COUNTRY, 2016 & 2023 (%)
FIGURE 23. GOLF EQUIPMENT MARKET, BY REGION, 2016 (%)
FIGURE 24. U.S. GOLF EQUIPMENT MARKET, 2016-2023 ($MILLION)
FIGURE 25. CANADA GOLF EQUIPMENT MARKET, 2016-2023 ($MILLION)
FIGURE 26. MEXICO GOLF EQUIPMENT MARKET, 2016-2023 ($MILLION)
FIGURE 27. UK GOLF EQUIPMENT MARKET, 2016-2023 ($MILLION)
FIGURE 28. GERMANY GOLF EQUIPMENT MARKET, 2016-2023 ($MILLION)
FIGURE 29. FRANCE GOLF EQUIPMENT MARKET, 2016-2023 ($MILLION)
FIGURE 30. SPAIN GOLF EQUIPMENT MARKET, 2016-2023 ($MILLION)
FIGURE 31. ITALY GOLF EQUIPMENT MARKET, 2016-2023 ($MILLION)
FIGURE 32. REST OF EUROPE GOLF EQUIPMENT MARKET, 2016-2023 ($MILLION)
FIGURE 33. CHINA GOLF EQUIPMENT MARKET, 2016-2023 ($MILLION)
FIGURE 34. INDIA GOLF EQUIPMENT MARKET, 2016-2023 ($MILLION)
FIGURE 35. JAPAN GOLF EQUIPMENT MARKET, 2016-2023 ($MILLION)
FIGURE 36. AUSTRALIA GOLF EQUIPMENT MARKET, 2016-2023 ($MILLION)
FIGURE 37. SOUTH KOREA GOLF EQUIPMENT MARKET, 2016-2023 ($MILLION)
FIGURE 38. REST OF ASIA-PACIFIC GOLF EQUIPMENT MARKET, 2016-2023 ($MILLION)
FIGURE 39. LATIN AMERICA GOLF EQUIPMENT MARKET, 2016-2023 ($MILLION)
FIGURE 40. MIDDLE EAST GOLF EQUIPMENT MARKET, 2016-2023 ($MILLION)
FIGURE 41. AFRICA GOLF EQUIPMENT MARKET, 2016-2023 ($MILLION)
FIGURE 42. ACUSHNET HOLDINGS CORP.: REVENUE, 2014-2016 ($MILLION)
FIGURE 43. ACUSHNET HOLDINGS CORP.: REVENUE SHARE BY SEGMENT, 2016 (%)
FIGURE 44. ACUSHNET HOLDINGS CORP.: REVENUE SHARE BY GEOGRAPHY, 2016 (%)
FIGURE 45. ADIDAS AG: REVENUE, 2014-2016 ($MILLION)
FIGURE 46. ADIDAS AG: REVENUE SHARE BY SEGMENT, 2016 (%)
FIGURE 47. ADIDAS AG: REVENUE SHARE BY GEOGRAPHY, 2016 (%)
FIGURE 48. AMER SPORTS CORPORATION : REVENUE, 2015-2017 ($MILLION)
FIGURE 49. AMER SPORTS CORPORATION: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 50. AMER SPORTS CORPORATION: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 51. BRIDGESTONE CORPORATION: REVENUE, 2014-2016 ($MILLION)
FIGURE 52. BRIDGESTONE CORPORATION: REVENUE SHARE BY SEGMENT, 2016 (%)
FIGURE 53. BRIDGESTONE CORPORATION: REVENUE SHARE BY GEOGRAPHY, 2016 (%)
FIGURE 54. CALLAWAY GOLF COMPANY : REVENUE, 2014-2016 ($MILLION)
FIGURE 55. CALLAWAY GOLF COMPANY: REVENUE SHARE BY SEGMENT, 2016 (%)
FIGURE 56. CALLAWAY GOLF COMPANY: REVENUE SHARE BY GEOGRAPHY, 2016 (%)
FIGURE 57. DICK'S SPORTING GOODS, INC.: REVENUE, 2014-2016 ($MILLION)
FIGURE 58. DICK'S SPORTING GOODS, INC.: REVENUE SHARE BY SEGMENT, 2016 (%)
FIGURE 59. NIKE, INC. : REVENUE, 2015-2017 ($MILLION)
FIGURE 60. NIKE, INC.: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 61. NIKE, INC.: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 62. SUMITOMO RUBBER INDUSTRIES, LTD.: REVENUE, 2014-2016 ($MILLION)
FIGURE 63. SUMITOMO RUBBER INDUSTRIES, LTD.: REVENUE SHARE BY SEGMENT, 2016 (%)
FIGURE 64. SUMITOMO RUBBER INDUSTRIES, LTD.: REVENUE SHARE BY GEOGRAPHY, 2016 (%)

 

Golf is a prime recreational sport popular among businessmen and amateur players. The equipment used in this sport are known as golf equipment, which include a variety of products, such as golf clubs, golf balls, golf shoes, golf tees, caps, and gloves.

Geographically, the global golf equipment market is categorized into North America, Europe, Asia-Pacific, and LAMEA. North America dominated the global market in 2016 and is expected to maintain this trend throughout the forecast period. U.S. dominated the North America golf equipment industry, as golf is one of the biggest recreation sports for the people in the country, thereby contributing to the country's golf equipment market. However, the Canadian market is witnessing significant decline, owing to less number of people who play the sport and reduction in number of golf players by more than 10% since 2010. LAMEA has witnessed considerable growth because the base of wealthy people across UAE and Saudi Arabia is increasing, providing an opportunity to take up this sport as a leisure pursuit, thus driving the sales of golf equipment, particularly in the Middle East.

 

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