DUBLIN--(BUSINESS WIRE)--The "Golf
Equipment Market by Type, Distribution Channel - Global Opportunity
Analysis and Industry Forecast, 2017-2023" report has been
added to ResearchAndMarkets.com's offering.
The global golf equipment market size was valued at $8,156 million in 2016, and is expected to reach $9,666 million by 2023, registering a CAGR of 2.6% from 2017 to 2023.
Golf is a sport activity popular among business individuals as it is used as a means to offer closure of business deals. Golf equipment consists of various items that are essential to play the sport of golf, and are also crucial in providing an enriched experience to the player. Golf equipment include golf balls, golf shoes, golf clubs, and other aids such as wedges and putters. The key factors that fuel the golf equipment market are increasing consumers disposable income, growth in professional and amateur female golfers, and trend of golf tourism, owing to setup of golf courses across the world.
The golf clubs segment is expected to dominate the golf equipment industry during the forecast period. Assorted and customizable golf clubs are gaining traction among consumers, which is anticipated to increase the demand for golf clubs segment. However, the golf balls segment is expected to generate significant demand among consumers, owing to the recurring requirement of these equipment in golf.
The golf equipment market is restricted by the economic condition of a region and specific consumer base; as a result, the distribution channels are also limited in number. The specialty stores segment leads the market, in terms of sales of golf equipment, while on-course stores segment is outperforming sales of equipment compared to online stores.
- Mizuno Corporation
- PUMA SE
- Yonex Co., Ltd.
- Cobra Golf
- Wilson Sporting Goods
- Dallas Golf Company
- Hireko Golf
- Miura Golf Coast
- The GolfWorks
Key Topics Covered:
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Overview
Chapter 4: Golf Equipment Market, By Type
Chapter 5: Golf Equipment Market, By Distribution Channel
Chapter 6: Golf Equipment Market, By Region
Chapter 7: Company Profile
For more information about this report visit https://www.researchandmarkets.com/research/8sr7wt/global_golf?w=4