Products Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
Report
Golf Products Market Golf
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Golf Products Market Size and Growth
The global golf products market research report indicates a steady growth rate due to increasing popularity of golf worldwide. The market size is estimated to be valued at $13.5 billion in 2021, with a projected CAGR of 3.5% over the next five years. Key factors driving market growth include rising disposable incomes, a growing number of golf courses, and increasing interest in golf tourism. Key players in the market include Callaway Golf Company, TaylorMade Golf Company, Acushnet Holdings Corp, and PING.
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Companies Covered (Covid 19 Impact Covered)
◍ Acushnet
◍ Callaway
◍ TaylorMade
◍ SRI Sports
◍ Nike
◍ PING
◍ Adidas
◍ Bridgestone
◍ Mizuno
◍ Under Armour
◍ PUMA
◍ Amer Sports
◍ Ecco
◍ PXG (Parsons Xtreme Golf)
◍ HOMA
The competitive landscape of the Golf Products Market is dominated by companies like Acushnet, Callaway, TaylorMade, SRI Sports, Nike, PING, Adidas, Bridgestone, Mizuno, Under Armour, PUMA, Amer Sports, Ecco, PXG, and HOMA. These companies offer a wide range of golf equipment, apparel, and accessories, contributing to the growth of the Golf Products Market.
- Acushnet had a sales revenue of $1.7 billion in 2020.
- Callaway had a sales revenue of $1.8 billion in 2020.
- TaylorMade had a sales revenue of $1.2 billion in 2020.
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Market Segmentation
By Application
◍ On-Course Golf Shops
◍ Golf Specialty Retailers
◍ Online Stores
◍ Others
By Product
◍ Golf Apparel & Shoes
◍ Golf Clubs
◍ Golf Balls
◍ Other Accessories
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Market Growth
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$ X Billion USD
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