Golf Club Market Size, Share & Trends Analysis Report By Application (Leisure, Professional), By Distribution Channel (Sporting Goods Retailers, Online, Department & Discount Stores), By Region (North America, Europe), And Segment Forecasts, 2025 - 2030
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Golf Club Market Growth & Trends
The global golf club market size is expected treach USD 4.83 billion by 2030, registering a CAGR of 3.0% from 2025 t2030, according ta new report by Grand View Research, Inc. The market is anticipated tbe driven by the growing popularity of golf as a sport in various countries as well as among various classes of the population. A substantial rise in the demand for golf clubs can be attributed tincreasing income levels of the middle-class population and the growing number of female golfers over the last few years.
Golf is considered tbe a status symbol in several countries. As a result, a large number of people from high-income groups participate in this sport tmaintain their status in society. Inclusion of golf in the Olympics and the increasing number of tournaments have been encouraging people tparticipate in this sport. Governments of several countries are promoting the sport by providing facilities for it. For example, after the Commonwealth Games 2010, the Ministry of Tourism, Government of India, has been focusing on the development of golf tourism in the country. As of 2018, the country had more than 200 courses across the nation. These initiatives are expected tboost the popularity of the game in these nations, thereby driving the professional demand for golf clubs.
Like every other sport, golf is alswitnessing a few positive dynamics as well as facing its own set of challenges. However, golf as a game has a significant international reach, wherein an array of youngsters, especially females, are contributing tits growth. TaylorMade has been flooding the market with a number of new products, whereas Titleist aims tcontrol the inventory and increase demand by only announcing new drivers in odd years and irons in even ones.
Adoption of extensive marketing strategies, along with different endorsement events and campaigns by companies, impacts consumer preferences for various golf products. These events alsaid in growing consumer attention towards various brand offerings in the entire golf equipment market, which alsincludes clubs as one of the essentials. A combination of the golf associations and promotion of the sport for the public, supported by the government, is alsexpected toffer potential opportunities for the global market.
Moreover, as per the National Golf Foundation (NGF), online purchases of various golf equipment continue thold a higher percentage of total merchandise sales. More than one-third of golfers bought golf merchandise online in 2017, wherein balls and apparel contributed the majority of the sales. Numerous factors such as increasing participation and popularity of golf tournaments and events are expected tcontribute tthe sales of golf gear. However, strengthening of the U.S. economy and the golf sport attaining new participants through non-conventional means are likely tlead the way in the future.
Some of the key players operating in the market are focusing on acquisitions tdiversify their product offerings and strengthen their position in the global market. For instance, in January 2019, Callaway Golf Company acquired JW Stargazer Holding GmbH, the owner of the international premium outdoor apparel, footwear, and equipment brand Jack Wolfskin. This acquisition expanded the former’s lifestyle product category. This move is expected tprovide growth opportunities for Callaway Golf Company in active outdoor and urban outdoor categories.
Golf Club Market Report Highlights
Golf Club Market Growth & Trends
The global golf club market size is expected treach USD 4.83 billion by 2030, registering a CAGR of 3.0% from 2025 t2030, according ta new report by Grand View Research, Inc. The market is anticipated tbe driven by the growing popularity of golf as a sport in various countries as well as among various classes of the population. A substantial rise in the demand for golf clubs can be attributed tincreasing income levels of the middle-class population and the growing number of female golfers over the last few years.
Golf is considered tbe a status symbol in several countries. As a result, a large number of people from high-income groups participate in this sport tmaintain their status in society. Inclusion of golf in the Olympics and the increasing number of tournaments have been encouraging people tparticipate in this sport. Governments of several countries are promoting the sport by providing facilities for it. For example, after the Commonwealth Games 2010, the Ministry of Tourism, Government of India, has been focusing on the development of golf tourism in the country. As of 2018, the country had more than 200 courses across the nation. These initiatives are expected tboost the popularity of the game in these nations, thereby driving the professional demand for golf clubs.
Like every other sport, golf is alswitnessing a few positive dynamics as well as facing its own set of challenges. However, golf as a game has a significant international reach, wherein an array of youngsters, especially females, are contributing tits growth. TaylorMade has been flooding the market with a number of new products, whereas Titleist aims tcontrol the inventory and increase demand by only announcing new drivers in odd years and irons in even ones.
Adoption of extensive marketing strategies, along with different endorsement events and campaigns by companies, impacts consumer preferences for various golf products. These events alsaid in growing consumer attention towards various brand offerings in the entire golf equipment market, which alsincludes clubs as one of the essentials. A combination of the golf associations and promotion of the sport for the public, supported by the government, is alsexpected toffer potential opportunities for the global market.
Moreover, as per the National Golf Foundation (NGF), online purchases of various golf equipment continue thold a higher percentage of total merchandise sales. More than one-third of golfers bought golf merchandise online in 2017, wherein balls and apparel contributed the majority of the sales. Numerous factors such as increasing participation and popularity of golf tournaments and events are expected tcontribute tthe sales of golf gear. However, strengthening of the U.S. economy and the golf sport attaining new participants through non-conventional means are likely tlead the way in the future.
Some of the key players operating in the market are focusing on acquisitions tdiversify their product offerings and strengthen their position in the global market. For instance, in January 2019, Callaway Golf Company acquired JW Stargazer Holding GmbH, the owner of the international premium outdoor apparel, footwear, and equipment brand Jack Wolfskin. This acquisition expanded the former’s lifestyle product category. This move is expected tprovide growth opportunities for Callaway Golf Company in active outdoor and urban outdoor categories.
Golf Club Market Report Highlights
- Based on applications, the leisure segment dominated the global golf club market with a revenue share of 80.1% in 2024. The expansion of golf courses in key urban areas across the globe has played a major role in the sport's rising popularity.
- The sporting goods retailers segment held the largest revenue share of the golf club market in 2024. Consumer preference has increasingly shifted toward high-end golf clubs, typically sold at sporting goods retail stores.
- The North America golf club market dominated the global market with a revenue share of 45.1% in 2024. North America has been the global leader in terms of the number of golf courses and the number of professional & leisure players.
- The Asia Pacific golf club market is projected texperience the fastest CAGR from 2025 t2030. Asia Pacific offers strong growth potential for golf clubs owing tthe rising golf-playing population and increasing disposable income of the middle-class population.
CHAPTER 1. METHODOLOGY AND SCOPE
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. GVR’s Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
CHAPTER 2. EXECUTIVE SUMMARY
2.1. Market Snapshot
2.2. Segment Snapshot
2.3. Competitive Landscape Snapshot
CHAPTER 3. GOLF CLUB MARKET VARIABLES, TRENDS & SCOPE
3.1. Market Introduction
3.2. Penetration & Growth Prospect Mapping
3.3. Industry Value Chain Analysis
3.3.1. Sales/Retail Channel Analysis
3.3.2. Profit Margin Analysis
3.4. Market Dynamics
3.4.1. Market Driver Analysis
3.4.2. Market Restraint Analysis
3.4.3. Industry Challenges
3.4.4. Industry Opportunities
3.5. Business Environment Analysis
3.5.1. Industry Analysis – Porter’s
3.5.1.1. Supplier Power
3.5.1.2. Buyer Power
3.5.1.3. Substitution Threat
3.5.1.4. Threat from New Entrant
3.5.1.5. Competitive Rivalry
3.6. Roadmap of Golf Club Market
3.7. Market Entry Strategies
CHAPTER 4. CONSUMER BEHAVIOR ANALYSIS
4.1. Demographic Analysis
4.2. Consumer Trends and Preferences
4.3. Factors Affecting Buying Decision
4.4. Consumer Product Adoption
4.5. Observations & Recommendations
CHAPTER 5. GOLF CLUB MARKET: APPLICATION ESTIMATES & TREND ANALYSIS
5.1. Golf Club Market, By Application: Key Takeaways
5.2. Application Movement Analysis & Market Share, 2024 & 2030
5.3. Market Estimates & Forecasts, By Application, 2018 - 2030 (USD Billion)
5.3.1. Leisure
5.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
5.3.2. Professional
5.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
CHAPTER 6. GOLF CLUB MARKET: DISTRIBUTION CHANNEL ESTIMATES & TREND ANALYSIS
6.1. Golf Club Market, By Distribution Channel: Key Takeaways
6.2. Distribution Channel Movement Analysis & Market Share, 2024 & 2030
6.3. Market Estimates & Forecasts, by Distribution Channel, 2018 - 2030 (USD Billion)
6.3.1. Sporting Goods Retailers
6.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.2. Online
6.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.3. Department and Discount Stores
6.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
CHAPTER 7. GOLF CLUB MARKET: REGIONAL ESTIMATES & TREND ANALYSIS
7.1. Golf Club Market: Regional Outlook
7.2. Regional Marketplaces: Key Takeaways
7.3. Market Estimates & Forecasts, by Region, 2018 - 2030 (USD Billion)
7.3.1. North America
7.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.1.2. U.S.
7.3.1.2.1. Key country dynamics
7.3.1.2.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.1.3. Canada
7.3.1.3.1. Key country dynamics
7.3.1.3.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.2. Europe
7.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.2.2. U.K.
7.3.2.2.1. Key country dynamics
7.3.2.2.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.2.3. Germany
7.3.2.3.1. Key country dynamics
7.3.2.3.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.2.4. France
7.3.2.4.1. Key country dynamics
7.3.2.4.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.2.5. Italy
7.3.2.5.1. Key country dynamics
7.3.2.5.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.2.6. Spain
7.3.2.6.1. Key country dynamics
7.3.2.6.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.3. Asia Pacific
7.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.3.2. China
7.3.3.2.1. Key country dynamics
7.3.3.2.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.3.3. Japan
7.3.3.3.1. Key country dynamics
7.3.3.3.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.3.4. India
7.3.3.4.1. Key country dynamics
7.3.3.4.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.3.5. Australia & New Zealand
7.3.3.5.1. Key country dynamics
7.3.3.5.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.4. Latin America
7.3.4.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.4.2. Brazil
7.3.4.2.1. Key country dynamics
7.3.4.2.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.4.3. Argentina
7.3.4.3.1. Key country dynamics
7.3.4.3.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.5. Middle East & Africa
7.3.5.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.5.2. South Africa
7.3.5.2.1. Key country dynamics
7.3.5.2.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.5.3. UAE
7.3.5.3.1. Key country dynamics
7.3.5.3.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
CHAPTER 8. GOLF CLUB MARKET: COMPETITIVE ANALYSIS
8.1. Key global players, recent developments & their impact on the industry
8.2. Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
8.3. Vendor Landscape
8.4. Company Profiles
8.4.1. Callaway Golf Company
8.4.1.1. Company Overview
8.4.1.2. Financial Performance
8.4.1.3. Product Portfolios
8.4.1.4. Strategic Initiatives
8.4.2. Sumitomo Rubber Industries, Ltd.
8.4.2.1. Company Overview
8.4.2.2. Financial Performance
8.4.2.3. Product Portfolios
8.4.2.4. Strategic Initiatives
8.4.3. Acushnet Holdings Corp.
8.4.3.1. Company Overview
8.4.3.2. Financial Performance
8.4.3.3. Product Portfolios
8.4.3.4. Strategic Initiatives
8.4.4. TAYLORMADE GOLF COMPANY, INC.
8.4.4.1. Company Overview
8.4.4.2. Financial Performance
8.4.4.3. Product Portfolios
8.4.4.4. Strategic Initiatives
8.4.5. MIZUNO Corporation
8.4.5.1. Company Overview
8.4.5.2. Financial Performance
8.4.5.3. Product Portfolios
8.4.5.4. Strategic Initiatives
8.4.6. Amer Sports
8.4.6.1. Company Overview
8.4.6.2. Financial Performance
8.4.6.3. Product Portfolios
8.4.6.4. Strategic Initiatives
8.4.7. PING
8.4.7.1. Company Overview
8.4.7.2. Financial Performance
8.4.7.3. Product Portfolios
8.4.7.4. Strategic Initiatives
8.4.8. Bridgestone Corporation
8.4.8.1. Company Overview
8.4.8.2. Financial Performance
8.4.8.3. Product Portfolios
8.4.8.4. Strategic Initiatives
8.4.9. Studio B
8.4.9.1. Company Overview
8.4.9.2. Financial Performance
8.4.9.3. Product Portfolios
8.4.9.4. Strategic Initiatives
8.4.10. BenHoganGolf Equipment Company
8.4.10.1. Company Overview
8.4.10.2. Financial Performance
8.4.10.3. Product Portfolios
8.4.10.4. Strategic Initiatives
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. GVR’s Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
CHAPTER 2. EXECUTIVE SUMMARY
2.1. Market Snapshot
2.2. Segment Snapshot
2.3. Competitive Landscape Snapshot
CHAPTER 3. GOLF CLUB MARKET VARIABLES, TRENDS & SCOPE
3.1. Market Introduction
3.2. Penetration & Growth Prospect Mapping
3.3. Industry Value Chain Analysis
3.3.1. Sales/Retail Channel Analysis
3.3.2. Profit Margin Analysis
3.4. Market Dynamics
3.4.1. Market Driver Analysis
3.4.2. Market Restraint Analysis
3.4.3. Industry Challenges
3.4.4. Industry Opportunities
3.5. Business Environment Analysis
3.5.1. Industry Analysis – Porter’s
3.5.1.1. Supplier Power
3.5.1.2. Buyer Power
3.5.1.3. Substitution Threat
3.5.1.4. Threat from New Entrant
3.5.1.5. Competitive Rivalry
3.6. Roadmap of Golf Club Market
3.7. Market Entry Strategies
CHAPTER 4. CONSUMER BEHAVIOR ANALYSIS
4.1. Demographic Analysis
4.2. Consumer Trends and Preferences
4.3. Factors Affecting Buying Decision
4.4. Consumer Product Adoption
4.5. Observations & Recommendations
CHAPTER 5. GOLF CLUB MARKET: APPLICATION ESTIMATES & TREND ANALYSIS
5.1. Golf Club Market, By Application: Key Takeaways
5.2. Application Movement Analysis & Market Share, 2024 & 2030
5.3. Market Estimates & Forecasts, By Application, 2018 - 2030 (USD Billion)
5.3.1. Leisure
5.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
5.3.2. Professional
5.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
CHAPTER 6. GOLF CLUB MARKET: DISTRIBUTION CHANNEL ESTIMATES & TREND ANALYSIS
6.1. Golf Club Market, By Distribution Channel: Key Takeaways
6.2. Distribution Channel Movement Analysis & Market Share, 2024 & 2030
6.3. Market Estimates & Forecasts, by Distribution Channel, 2018 - 2030 (USD Billion)
6.3.1. Sporting Goods Retailers
6.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.2. Online
6.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.3. Department and Discount Stores
6.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
CHAPTER 7. GOLF CLUB MARKET: REGIONAL ESTIMATES & TREND ANALYSIS
7.1. Golf Club Market: Regional Outlook
7.2. Regional Marketplaces: Key Takeaways
7.3. Market Estimates & Forecasts, by Region, 2018 - 2030 (USD Billion)
7.3.1. North America
7.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.1.2. U.S.
7.3.1.2.1. Key country dynamics
7.3.1.2.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.1.3. Canada
7.3.1.3.1. Key country dynamics
7.3.1.3.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.2. Europe
7.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.2.2. U.K.
7.3.2.2.1. Key country dynamics
7.3.2.2.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.2.3. Germany
7.3.2.3.1. Key country dynamics
7.3.2.3.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.2.4. France
7.3.2.4.1. Key country dynamics
7.3.2.4.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.2.5. Italy
7.3.2.5.1. Key country dynamics
7.3.2.5.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.2.6. Spain
7.3.2.6.1. Key country dynamics
7.3.2.6.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.3. Asia Pacific
7.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.3.2. China
7.3.3.2.1. Key country dynamics
7.3.3.2.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.3.3. Japan
7.3.3.3.1. Key country dynamics
7.3.3.3.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.3.4. India
7.3.3.4.1. Key country dynamics
7.3.3.4.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.3.5. Australia & New Zealand
7.3.3.5.1. Key country dynamics
7.3.3.5.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.4. Latin America
7.3.4.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.4.2. Brazil
7.3.4.2.1. Key country dynamics
7.3.4.2.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.4.3. Argentina
7.3.4.3.1. Key country dynamics
7.3.4.3.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.5. Middle East & Africa
7.3.5.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.5.2. South Africa
7.3.5.2.1. Key country dynamics
7.3.5.2.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.5.3. UAE
7.3.5.3.1. Key country dynamics
7.3.5.3.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
CHAPTER 8. GOLF CLUB MARKET: COMPETITIVE ANALYSIS
8.1. Key global players, recent developments & their impact on the industry
8.2. Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
8.3. Vendor Landscape
8.4. Company Profiles
8.4.1. Callaway Golf Company
8.4.1.1. Company Overview
8.4.1.2. Financial Performance
8.4.1.3. Product Portfolios
8.4.1.4. Strategic Initiatives
8.4.2. Sumitomo Rubber Industries, Ltd.
8.4.2.1. Company Overview
8.4.2.2. Financial Performance
8.4.2.3. Product Portfolios
8.4.2.4. Strategic Initiatives
8.4.3. Acushnet Holdings Corp.
8.4.3.1. Company Overview
8.4.3.2. Financial Performance
8.4.3.3. Product Portfolios
8.4.3.4. Strategic Initiatives
8.4.4. TAYLORMADE GOLF COMPANY, INC.
8.4.4.1. Company Overview
8.4.4.2. Financial Performance
8.4.4.3. Product Portfolios
8.4.4.4. Strategic Initiatives
8.4.5. MIZUNO Corporation
8.4.5.1. Company Overview
8.4.5.2. Financial Performance
8.4.5.3. Product Portfolios
8.4.5.4. Strategic Initiatives
8.4.6. Amer Sports
8.4.6.1. Company Overview
8.4.6.2. Financial Performance
8.4.6.3. Product Portfolios
8.4.6.4. Strategic Initiatives
8.4.7. PING
8.4.7.1. Company Overview
8.4.7.2. Financial Performance
8.4.7.3. Product Portfolios
8.4.7.4. Strategic Initiatives
8.4.8. Bridgestone Corporation
8.4.8.1. Company Overview
8.4.8.2. Financial Performance
8.4.8.3. Product Portfolios
8.4.8.4. Strategic Initiatives
8.4.9. Studio B
8.4.9.1. Company Overview
8.4.9.2. Financial Performance
8.4.9.3. Product Portfolios
8.4.9.4. Strategic Initiatives
8.4.10. BenHoganGolf Equipment Company
8.4.10.1. Company Overview
8.4.10.2. Financial Performance
8.4.10.3. Product Portfolios
8.4.10.4. Strategic Initiatives
