Report Update: Nov 1, 2024

World - Golf Clubs And Other Golf Equipment - Market Analysis, Forecast, Size, Trends and Insights

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Golf equipment market

Golf equipment market: get access to newly released datasets enhanced by an Ai-driven BI platform. Datasets provide exports, market prices, imports, companies, market size, production, consumption, and trade. Here is a split by country, including China, Africa, the Middle East, Latin America, EU, Russia, the U.S., and the U.K. Market trends and forecast to 2030 are also featured in the snapshots.

Golf Equipment - World's Largest Markets

Rating	Country
1	China
2	Japan
3	United States
4	India
5	Hong Kong SAR

In value terms, China, Japan and the United States constituted the countries with the highest levels of market value in 2020, together accounting for 41% of the global market. These countries were followed by India, Hong Kong SAR, South Korea, Taiwan (Chinese), Bangladesh, the UK, Canada, Germany, Pakistan and Indonesia, which together accounted for a further 40%.

South Korea saw the highest rates of growth with regard to market size, among the main consuming countries over the period under review, while golf equipment market for the other global leaders experienced more modest paces of growth.

Golf Equipment Prices

Lowest Prices - FOB - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per unit			CAGR, 2018-2020
Indonesia	7.2	7.3	7	-1.6%
Netherlands	12	15	13	3.0%
Thailand	30	29	14	-31.9%
South Korea	18	20	23	14.0%
United States	66	57	36	-26.5%
United Kingdom	38	36	42	5.2%
China	54	54	48	-6.1%
Taiwan (Chinese)	59	25	59	0.1%
Vietnam	61	65	71	7.7%
Japan	90	89	85	-3.2%
Hong Kong SAR	87	97	94	3.6%
Mexico	93	99	96	1.9%
Average	49	44	43	-6.7%

Prices varied noticeably by the country of origin; the country with the highest price was Mexico ($96 per unit), while Indonesia ($7 per unit) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by South Korea, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per unit			CAGR, 2018-2020
Mexico	86	104	95	5.3%
Hong Kong SAR	76	82	83	4.5%
South Korea	55	56	64	7.1%
China	58	55	53	-4.5%
Australia	34	35	36	2.5%
Japan	43	36	35	-10.1%
United States	42	41	33	-11.1%
Germany	29	27	27	-4.3%
Netherlands	19	25	24	10.5%
Canada	33	32	23	-15.5%
United Kingdom	18	20	17	-4.1%
Average	41	41	37	-4.6%

Prices varied noticeably by the country of destination; the country with the highest price was Mexico ($95 per unit), while the UK ($17 per unit) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other global leaders experienced more modest paces of growth.

Golf Equipment - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	billion USD			CAGR, 2018-2020
United States	1	1.1	1	0.5%
Japan	0.7	0.7	0.6	-3.6%
South Korea	0.4	0.4	0.5	15.8%
Hong Kong SAR	0.6	0.6	0.5	-12.5%
United Kingdom	0.3	0.3	0.3	-8.3%

In value terms, the largest golf equipment importing markets worldwide were the United States ($1B), Japan ($640M) and South Korea ($519M), with a combined 52% share of global imports.

South Korea recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Golf Equipment - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	billion USD			CAGR, 2018-2020
China	0.9	1	1	2.4%
United States	0.4	0.5	0.4	2.9%
Japan	0.4	0.4	0.4	1.3%
United Kingdom	0.3	0.3	0.3	-4.9%
Mexico	0.3	0.3	0.3	2.9%

In value terms, China ($963M) remains the largest golf equipment supplier worldwide, comprising 29% of global exports. The second position in the ranking was occupied by the United States ($411M), with a 13% share of global exports. It was followed by Japan, with a 11% share.

From 2018 to 2020, the average annual growth rate of value in China stood at +2.4%. In the other countries, the average annual rates were as follows: the United States (+2.9% per year) and Japan (+1.3% per year).

Golf Equipment - Market Forecast

Driven by rising demand for golf equipment worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Golf Equipment - Top Companies

MIZUNO CORPORATION, MIZUNO CORPORATION, The Intertech Group Inc, Acushnet Holdings Corp., Acushnet Company, The Coleman Company Inc, Playpower, Inc., H.F. Holdings, Inc., Callaway Golf Company, Icon Health & Fitness, Inc., Landscape Structures Inc., GLOBERIDE, INC., NIKE KOREA LLC, Hengshui Aimeisheng Fitness Devices and Materials Co.,Ltd., Shenzhen Xinchanghang Fishing Gear Co., Ltd., Amer Sports Company, Rbg Holdings Corp., JOHNSON HEALTH TECH CO., LTD., YONEX CO., LTD., AMF Bowling Worldwide, Inc.

Golf Equipment - Product Coverage

HS 950631 - Golf clubs; complete
HS 950632 - Golf balls
HS 950639 - Golf equipment; other than clubs and balls

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global golf equipment market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 32301530 - Golf clubs and other golf equipment (including golf balls)

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

Global market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Global production, split by region and country
Global trade (exports and imports)
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023