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The global golf equipment market is expected to grow from $8.06 billion in 2021 to $8.37 billion in 2022 at a compound annual growth rate (CAGR) of 3.8%. The global golf equipment market size is expected to grow to $9.62 billion in 2026 at a CAGR of 3.5%.

The increase in golf tourism and government support are expected to drive the growth of the golf equipment market.

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The golf equipment market consists of sales of golf equipment by entities (organizations, sole traders, and partnerships) that refer to the different items required to participate in golf. The golf ball, golf clubs, alignment sticks, ball markers, ball retrievers, and devices that aid in the golf sport are examples of golf equipment. The equipment is designed to play the sport, protect the course, enhance the game, and provide a better overall game experience for all golfers.

Global Golf Equipment Market Segments Include:

By Product Type: Golf Clubs, Golf Balls, Golf Bags and Accessories, Apparel, Footwear

By Distribution Channel: Specialty Stores, Sporting Goods Chain, On-Course Shops, Online Stores, Others

By End-User: Amateurs, Professionals

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global golf equipment market in 2021

Technology advancements are shaping the golf equipment market. Companies are creating products with enhanced technologies to satisfy the market’s need for superior golf equipment.

TBRC’s Golf Equipment Market Report Covers:

Major Market Players: Acushnet Holdings Corp., Callaway Golf Company, TaylorMade Golf Company, Nike Inc., Bridgestone Corporation, Amer Sports Corporation, Sumitomo Rubber Industries Ltd., Adidas AG, Wilson Sporting Goods, Roger Cleveland Golf Company Inc, Golfsmith International Holdings Inc., Titleist, SRI Sports Limited, Dixon Golf Inc, Dick’s Sporting Goods Inc., Cobra Golf, Parsons Xtreme Golf, Mizuna USA Inc, Cleveland Golf, True Temper, and Dunlop Sports Co. Ltd.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Golf Equipment Global Market Report 2022  is one of a series of new reports from The Business Research Company that provides golf equipment market overviews, analyzes and forecasts market size, share, golf equipment market players, golf equipment market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s golf equipment market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Here Is A List Of Similar Reports From The Business Research Company:

Sporting And Athletic Goods Manufacturing Global Market Report 2020

Power Sports Global Market Report 2022

Recreation Global Market Report 2022

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