World - Golf Clubs And Other Golf Equipment - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Mar 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.


Get FREE access to the latest REPORT on the Golf Equipment Market. Make informed decisions with market maps on the DASHBOARD. Download datasets on the TABLE page.

Golf Equipment - World's Largest Markets

RatingCountry
1China
2Japan
3United States
4India
5Hong 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

COUNTRY201820192020CAGR,
2018-2020
USD per unit
Indonesia7.27.37-1.6%
Netherlands1215133.0%
Thailand302914-31.9%
South Korea18202314.0%
United States665736-26.5%
United Kingdom3836425.2%
China545448-6.1%
Taiwan (Chinese)5925590.1%
Vietnam6165717.7%
Japan908985-3.2%
Hong Kong SAR8797943.6%
Mexico9399961.9%
Average494443-6.7%

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

COUNTRY201820192020CAGR,
2018-2020
USD per unit
Mexico86104955.3%
Hong Kong SAR7682834.5%
South Korea5556647.1%
China585553-4.5%
Australia3435362.5%
Japan433635-10.1%
United States424133-11.1%
Germany292727-4.3%
Netherlands19252410.5%
Canada333223-15.5%
United Kingdom182017-4.1%
Average414137-4.6%

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.

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Golf Equipment - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
United States11.110.5%
Japan0.70.70.6-3.6%
South Korea0.40.40.515.8%
Hong Kong SAR0.60.60.5-12.5%
United Kingdom0.30.30.3-8.3%

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

COUNTRY201820192020CAGR,
2018-2020
billion USD
China0.9112.4%
United States0.40.50.42.9%
Japan0.40.40.41.3%
United Kingdom0.30.30.3-4.9%
Mexico0.30.30.32.9%

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
  8. 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. 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. 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. 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
  12. 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
  13. 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
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