Research and Markets: Golf Market Report - The Updated 2011 Edition

DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/66bc24/golf_market_report) has announced the addition of the "Golf Market Report: 2011 Edition" report to their offering.

Initially golf had spread from Scotland into the rest of the UK and then to the British Empire and the US in the late 19th century. In the past years, golf has gained importance in many other countries, including some of the emerging nations, especially China. The US, Japan and the Europe are the three major markets for golf worldwide.

Golf is a game that depends highly on the discretionary spending of the consumers. The industry gets adversely affected if the golfers reduce their spending due to the continued job losses, foreclosures, bankruptcies, higher consumer debt and interest rates, reduced access to credit, falling home prices and lower consumer confidence. All these factors make golf highly correlated to the general economic conditions prevailing worldwide.

The negative impact of the US sub-prime crisis, which started in late 2007 and had impacted almost all the industries of the world, did not even spare the golf industry as people trimmed their spending on the leisure and recreational activities. This led to a decline in the number of golfers as well as the total expenditure done on the sport in the last few years.

Key Topics Covered:

1. Sporting Goods Market

1.1 Overview

1.2 Golf - An Introduction

2. Global Golf Market

2.1 Market Overview

2.2 Golf Equipments' Prices Worldwide

2.3 Women's Golf Market

3. Country Analysis

3.1 The US Golf Market

4. Market Drivers

4.1 Ageing Population

4.2 Golfers' Increasing Passion for The Sport

4.3 Increasing Disposable Income

5. Market Trends

5.1 Rounds Played in the US

5.2 The US Golf Retail Industry Consolidation

5.3 Introduction of Web 2.0

6. Key Challenges

6.1 Impact of Recession

7. Competitive Landscape of Golf Market

8. Company Profiles

8.1 Golf Equipment Manufacturers

9. Market Outlook

Companies Mentioned:

• Callaway Golf Company
• Adams Golf, Inc.
• Dick's Sporting Goods Inc.
• Golfsmith International Holdings

For more information visit http://www.researchandmarkets.com/research/66bc24/golf_market_report