LONDON--(BUSINESS WIRE)--Technavio has been monitoring the golf tourism market and it is poised to grow by USD 19.36 billion during 2019-2023, progressing at a CAGR of almost 11% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report
The market is moderately fragmented, and the degree of fragmentation will accelerate during the forecast period. Golfasian, Golfbreaks.com, Palatinate Group, PerryGolf, and SGH Golf are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Rising government support for golf tourism promotion has been instrumental in driving the growth of the market. However, increasing threat from fantasy golf might hamper market growth.
Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. https://www.technavio.com/report/global-golf-tourism-market-industry-analysis?tnplus
Golf Tourism Market 2019-2023: Segmentation
Golf Tourism Market is segmented as below:
-
Type
- Domestic
- International
-
Geography
- Americas
- APAC
- EMEA
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Golf Tourism Market 2019-2023: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The golf tourism market report covers the following areas:
- Golf Tourism Market Size
- Golf Tourism Market Trends
- Golf Tourism Market Industry Analysis
This study identifies the technological developments in golf industry to improve golf tourism prospects as one of the prime reasons driving the golf tourism market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Golf Tourism Market 2019-2023: Key Highlights
- CAGR of the market during the forecast period 2019-2023
- Detailed information on factors that will assist golf tourism market growth during the next five years
- Estimation of the golf tourism market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the golf tourism market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of golf tourism market, vendors
Table of Contents:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
- 2.1 Preface
- 2.2 Preface
- 2.3 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY TYPE
- Market segmentation by type
- Comparison by type
- Domestic - Market size and forecast 2018-2023
- International - Market size and forecast 2018-2023
- Market opportunity by type
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- Americas - Market size and forecast 2018-2023
- EMEA - Market size and forecast 2018-2023
- APAC - Market size and forecast 2018-2023
- Key leading countries
- Market opportunity
PART 09: DRIVERS AND CHALLENGES
- Market drivers
- Other prominent drivers
- Market challenges
- Other prominent challenges
- Impact of drivers and challenges
Market Trends
- Advent of integrated mobile solutions
- Rising adoption of golf tourism in developing countries
- Technological developments in golf industry to improve golf tourism prospects
- Other prominent trends
PART 10: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive scenario
PART 11: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Golfasian
- Golfbreaks.com
- Palatinate Group
- PerryGolf
- SGH Golf
PART 12: APPENDIX
- Research methodology
- List of abbreviations
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