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PUBLISHER: Grand View Research | PRODUCT CODE: 1611174

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PUBLISHER: Grand View Research | PRODUCT CODE: 1611174

Golf Club Market Size, Share & Trends Analysis Report By Application (Leisure, Professional), By Distribution Channel (Sporting Goods Retailers, Online, Department & Discount Stores), By Region (North America, Europe), And Segment Forecasts, 2025 - 2030

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Golf Club Market Growth & Trends:

The global golf club market size is expected to reach USD 4.83 billion by 2030, registering a CAGR of 3.0% from 2025 to 2030, according to a new report by Grand View Research, Inc. The market is anticipated to be driven by the growing popularity of golf as a sport in various countries as well as among various classes of the population. A substantial rise in the demand for golf clubs can be attributed to increasing income levels of the middle-class population and the growing number of female golfers over the last few years.

Golf is considered to be a status symbol in several countries. As a result, a large number of people from high-income groups participate in this sport to maintain their status in society. Inclusion of golf in the Olympics and the increasing number of tournaments have been encouraging people to participate in this sport. Governments of several countries are promoting the sport by providing facilities for it. For example, after the Commonwealth Games 2010, the Ministry of Tourism, Government of India, has been focusing on the development of golf tourism in the country. As of 2018, the country had more than 200 courses across the nation. These initiatives are expected to boost the popularity of the game in these nations, thereby driving the professional demand for golf clubs.

Like every other sport, golf is also witnessing a few positive dynamics as well as facing its own set of challenges. However, golf as a game has a significant international reach, wherein an array of youngsters, especially females, are contributing to its growth. TaylorMade has been flooding the market with a number of new products, whereas Titleist aims to control the inventory and increase demand by only announcing new drivers in odd years and irons in even ones.

Adoption of extensive marketing strategies, along with different endorsement events and campaigns by companies, impacts consumer preferences for various golf products. These events also aid in growing consumer attention towards various brand offerings in the entire golf equipment market, which also includes clubs as one of the essentials. A combination of the golf associations and promotion of the sport for the public, supported by the government, is also expected to offer potential opportunities for the global market.

Moreover, as per the National Golf Foundation (NGF), online purchases of various golf equipment continue to hold a higher percentage of total merchandise sales. More than one-third of golfers bought golf merchandise online in 2017, wherein balls and apparel contributed the majority of the sales. Numerous factors such as increasing participation and popularity of golf tournaments and events are expected to contribute to the sales of golf gear. However, strengthening of the U.S. economy and the golf sport attaining new participants through non-conventional means are likely to lead the way in the future.

Some of the key players operating in the market are focusing on acquisitions to diversify their product offerings and strengthen their position in the global market. For instance, in January 2019, Callaway Golf Company acquired JW Stargazer Holding GmbH, the owner of the international premium outdoor apparel, footwear, and equipment brand Jack Wolfskin. This acquisition expanded the former's lifestyle product category. This move is expected to provide growth opportunities for Callaway Golf Company in active outdoor and urban outdoor categories.

Golf Club Market Report Highlights:

  • Based on applications, the leisure segment dominated the global golf club market with a revenue share of 80.1% in 2024. The expansion of golf courses in key urban areas across the globe has played a major role in the sport's rising popularity.
  • The sporting goods retailers segment held the largest revenue share of the golf club market in 2024. Consumer preference has increasingly shifted toward high-end golf clubs, typically sold at sporting goods retail stores.
  • The North America golf club market dominated the global market with a revenue share of 45.1% in 2024. North America has been the global leader in terms of the number of golf courses and the number of professional & leisure players.
  • The Asia Pacific golf club market is projected to experience the fastest CAGR from 2025 to 2030. Asia Pacific offers strong growth potential for golf clubs owing to the rising golf-playing population and increasing disposable income of the middle-class population.
Product Code: GVR-4-68038-809-1

Table of Contents

Chapter 1. Methodology and Scope

  • 1.1. Market Segmentation & Scope
  • 1.2. Market Definition
  • 1.3. Information Procurement
    • 1.3.1. Purchased Database
    • 1.3.2. GVR's Internal Database
    • 1.3.3. Secondary Sources & Third-Party Perspectives
    • 1.3.4. Primary Research
  • 1.4. Information Analysis
    • 1.4.1. Data Analysis Models
  • 1.5. Market Formulation & Data Visualization
  • 1.6. Data Validation & Publishing

Chapter 2. Executive Summary

  • 2.1. Market Snapshot
  • 2.2. Segment Snapshot
  • 2.3. Competitive Landscape Snapshot

Chapter 3. Golf Club Market Variables, Trends & Scope

  • 3.1. Market Introduction
  • 3.2. Penetration & Growth Prospect Mapping
  • 3.3. Industry Value Chain Analysis
    • 3.3.1. Sales/Retail Channel Analysis
    • 3.3.2. Profit Margin Analysis
  • 3.4. Market Dynamics
    • 3.4.1. Market Driver Analysis
    • 3.4.2. Market Restraint Analysis
    • 3.4.3. Industry Challenges
    • 3.4.4. Industry Opportunities
  • 3.5. Business Environment Analysis
    • 3.5.1. Industry Analysis - Porter's
      • 3.5.1.1. Supplier Power
      • 3.5.1.2. Buyer Power
      • 3.5.1.3. Substitution Threat
      • 3.5.1.4. Threat from New Entrant
      • 3.5.1.5. Competitive Rivalry
  • 3.6. Roadmap of Golf Club Market
  • 3.7. Market Entry Strategies

Chapter 4. Consumer Behavior Analysis

  • 4.1. Demographic Analysis
  • 4.2. Consumer Trends and Preferences
  • 4.3. Factors Affecting Buying Decision
  • 4.4. Consumer Product Adoption
  • 4.5. Observations & Recommendations

Chapter 5. Golf Club Market: Application Estimates & Trend Analysis

  • 5.1. Golf Club Market, By Application: Key Takeaways
  • 5.2. Application Movement Analysis & Market Share, 2024 & 2030
  • 5.3. Market Estimates & Forecasts, By Application, 2018 - 2030 (USD Billion)
    • 5.3.1. Leisure
      • 5.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
    • 5.3.2. Professional
      • 5.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Billion)

Chapter 6. Golf Club Market: Distribution Channel Estimates & Trend Analysis

  • 6.1. Golf Club Market, By Distribution Channel: Key Takeaways
  • 6.2. Distribution Channel Movement Analysis & Market Share, 2024 & 2030
  • 6.3. Market Estimates & Forecasts, by Distribution Channel, 2018 - 2030 (USD Billion)
    • 6.3.1. Sporting Goods Retailers
      • 6.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
    • 6.3.2. Online
      • 6.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
    • 6.3.3. Department and Discount Stores
      • 6.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Billion)

Chapter 7. Golf Club Market: Regional Estimates & Trend Analysis

  • 7.1. Golf Club Market: Regional Outlook
  • 7.2. Regional Marketplaces: Key Takeaways
  • 7.3. Market Estimates & Forecasts, by Region, 2018 - 2030 (USD Billion)
    • 7.3.1. North America
      • 7.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
      • 7.3.1.2. U.S.
        • 7.3.1.2.1. Key country dynamics
        • 7.3.1.2.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
      • 7.3.1.3. Canada
        • 7.3.1.3.1. Key country dynamics
        • 7.3.1.3.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
    • 7.3.2. Europe
      • 7.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
      • 7.3.2.2. U.K.
        • 7.3.2.2.1. Key country dynamics
        • 7.3.2.2.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
      • 7.3.2.3. Germany
        • 7.3.2.3.1. Key country dynamics
        • 7.3.2.3.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
      • 7.3.2.4. France
        • 7.3.2.4.1. Key country dynamics
        • 7.3.2.4.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
      • 7.3.2.5. Italy
        • 7.3.2.5.1. Key country dynamics
        • 7.3.2.5.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
      • 7.3.2.6. Spain
        • 7.3.2.6.1. Key country dynamics
        • 7.3.2.6.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
    • 7.3.3. Asia Pacific
      • 7.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
      • 7.3.3.2. China
        • 7.3.3.2.1. Key country dynamics
        • 7.3.3.2.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
      • 7.3.3.3. Japan
        • 7.3.3.3.1. Key country dynamics
        • 7.3.3.3.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
      • 7.3.3.4. India
        • 7.3.3.4.1. Key country dynamics
        • 7.3.3.4.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
      • 7.3.3.5. Australia & New Zealand
        • 7.3.3.5.1. Key country dynamics
        • 7.3.3.5.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
    • 7.3.4. Latin America
      • 7.3.4.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
      • 7.3.4.2. Brazil
        • 7.3.4.2.1. Key country dynamics
        • 7.3.4.2.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
      • 7.3.4.3. Argentina
        • 7.3.4.3.1. Key country dynamics
        • 7.3.4.3.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
    • 7.3.5. Middle East & Africa
      • 7.3.5.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
      • 7.3.5.2. South Africa
        • 7.3.5.2.1. Key country dynamics
        • 7.3.5.2.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
      • 7.3.5.3. UAE
        • 7.3.5.3.1. Key country dynamics
        • 7.3.5.3.2. Market estimates and forecast, 2018 - 2030 (USD Billion)

Chapter 8. Golf Club Market: Competitive Analysis

  • 8.1. Key global players, recent developments & their impact on the industry
  • 8.2. Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
  • 8.3. Vendor Landscape
  • 8.4. Company Profiles
    • 8.4.1. Callaway Golf Company
      • 8.4.1.1. Company Overview
      • 8.4.1.2. Financial Performance
      • 8.4.1.3. Product Portfolios
      • 8.4.1.4. Strategic Initiatives
    • 8.4.2. Sumitomo Rubber Industries, Ltd.
      • 8.4.2.1. Company Overview
      • 8.4.2.2. Financial Performance
      • 8.4.2.3. Product Portfolios
      • 8.4.2.4. Strategic Initiatives
    • 8.4.3. Acushnet Holdings Corp.
      • 8.4.3.1. Company Overview
      • 8.4.3.2. Financial Performance
      • 8.4.3.3. Product Portfolios
      • 8.4.3.4. Strategic Initiatives
    • 8.4.4. TAYLORMADE GOLF COMPANY, INC.
      • 8.4.4.1. Company Overview
      • 8.4.4.2. Financial Performance
      • 8.4.4.3. Product Portfolios
      • 8.4.4.4. Strategic Initiatives
    • 8.4.5. MIZUNO Corporation
      • 8.4.5.1. Company Overview
      • 8.4.5.2. Financial Performance
      • 8.4.5.3. Product Portfolios
      • 8.4.5.4. Strategic Initiatives
    • 8.4.6. Amer Sports
      • 8.4.6.1. Company Overview
      • 8.4.6.2. Financial Performance
      • 8.4.6.3. Product Portfolios
      • 8.4.6.4. Strategic Initiatives
    • 8.4.7. PING
      • 8.4.7.1. Company Overview
      • 8.4.7.2. Financial Performance
      • 8.4.7.3. Product Portfolios
      • 8.4.7.4. Strategic Initiatives
    • 8.4.8. Bridgestone Corporation
      • 8.4.8.1. Company Overview
      • 8.4.8.2. Financial Performance
      • 8.4.8.3. Product Portfolios
      • 8.4.8.4. Strategic Initiatives
    • 8.4.9. Studio B
      • 8.4.9.1. Company Overview
      • 8.4.9.2. Financial Performance
      • 8.4.9.3. Product Portfolios
      • 8.4.9.4. Strategic Initiatives
    • 8.4.10. BenHoganGolf Equipment Company
      • 8.4.10.1. Company Overview
      • 8.4.10.2. Financial Performance
      • 8.4.10.3. Product Portfolios
      • 8.4.10.4. Strategic Initiatives
Product Code: GVR-4-68038-809-1

List of Tables

  • Table 1 Global golf club market: Key market driver analysis
  • Table 2 Global golf club market: Key market restraint analysis
  • Table 3 Global golf club market estimates & forecast, by application (USD Billion)
  • Table 4 Global golf club market estimates & forecast, by distribution channel (USD Billion)
  • Table 5 North America golf club market estimates and forecast, by country, 2018 - 2030 (USD Billion)
  • Table 6 North America golf club market estimates and forecast, by application, 2018 - 2030 (USD Billion)
  • Table 7 North America golf club estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
  • Table 8 U.S. macro-economic outlay
  • Table 9 U.S. golf club market estimates and forecast, by application, 2018 - 2030 (USD Billion)
  • Table 10 U.S. golf club market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
  • Table 11 Canada macro-economic outlay
  • Table 12 Canada golf club market estimates and forecast, by application, 2018 - 2030 (USD Billion)
  • Table 13 Canada golf club market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
  • Table 14 Europe golf club market estimates and forecast, by country, 2018 - 2030 (USD Billion)
  • Table 15 Europe golf club market estimates and forecast, by application, 2018 - 2030 (USD Billion)
  • Table 16 Europe golf club market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
  • Table 17 U.K. macro-economic outlay
  • Table 18 U.K. golf club market estimates and forecast, by application, 2018 - 2030 (USD Billion)
  • Table 19 U.K. golf club market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
  • Table 20 Germany macro-economic outlay
  • Table 21 Germany golf club market estimates and forecast, by application, 2018 - 2030 (USD Billion)
  • Table 22 Germany golf club market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
  • Table 23 France macro-economic outlay
  • Table 24 France golf club market estimates and forecast, by application, 2018 - 2030 (USD Billion)
  • Table 25 France golf club market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
  • Table 26 Italy macro-economic outlay
  • Table 27 Italy golf club market estimates and forecast, by application, 2018 - 2030 (USD Billion)
  • Table 28 Italy golf club market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
  • Table 29 Spain macro-economic outlay
  • Table 30 Spain golf club market estimates and forecast, by application, 2018 - 2030 (USD Billion)
  • Table 31 Spain golf club market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
  • Table 32 Asia Pacific golf club market estimates and forecast, by country, 2018 - 2030 (USD Billion)
  • Table 33 Asia Pacific golf club market estimates and forecast, by application, 2018 - 2030 (USD Billion)
  • Table 34 Asia Pacific golf club market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
  • Table 35 China macro-economic outlay
  • Table 36 China golf club market estimates and forecast, by application, 2018 - 2030 (USD Billion)
  • Table 37 China golf club market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
  • Table 38 Japan macro-economic outlay
  • Table 39 Japan golf club market estimates and forecast, by application, 2018 - 2030 (USD Billion)
  • Table 40 Japan golf club market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
  • Table 41 India macro-economic outlay
  • Table 42 India golf club market estimates and forecast, by application, 2018 - 2030 (USD Billion)
  • Table 43 India golf club market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
  • Table 44 Australia & New Zealand macro-economic outlay
  • Table 45 Australia & New Zealand golf club market estimates and forecast, by application, 2018 - 2030 (USD Billion)
  • Table 46 Australia & New Zealand golf club market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
  • Table 47 Latin America golf club market estimates and forecast, by country, 2018 - 2030 (USD Billion)
  • Table 48 Latin America golf club market estimates and forecast, by application, 2018 - 2030 (USD Billion)
  • Table 49 Latin America golf club market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
  • Table 50 Brazil macro-economic outlay
  • Table 51 Brazil golf club market estimates and forecast, by application, 2018 - 2030 (USD Billion)
  • Table 52 Brazil golf club market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
  • Table 53 Argentina macro-economic outlay
  • Table 54 Argentina golf club market estimates and forecast, by application, 2018 - 2030 (USD Billion)
  • Table 55 Argentina golf club market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
  • Table 56 Middle East & Africa golf club market estimates and forecast, by country, 2018 - 2030 (USD Billion)
  • Table 57 Middle East & Africa golf club market estimates and forecast, by application, 2018 - 2030 (USD Billion)
  • Table 58 Middle East & Africa golf club market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
  • Table 59 South Africa macro-economic outlay
  • Table 60 South Africa golf club market estimates and forecast, by application, 2018 - 2030 (USD Billion)
  • Table 61 South Africa golf club market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
  • Table 62 UAE macro-economic outlay
  • Table 63 UAE golf club market estimates and forecast, by application, 2018 - 2030 (USD Billion)
  • Table 64 UAE golf club market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
  • Table 65 Recent developments & impact analysis, by key market participants
  • Table 66 Company heat map analysis, 2024
  • Table 67 Companies implementing key strategies

List of Figures

  • Fig. 1 Golf club market segmentation
  • Fig. 2 Information procurement
  • Fig. 3 Primary research pattern
  • Fig. 4 Primary research approaches
  • Fig. 5 Primary research process
  • Fig. 6 Market snapshot
  • Fig. 7 Segment snapshot
  • Fig. 8 Regional snapshot
  • Fig. 9 Competitive landscape snapshot
  • Fig. 10 Global parent industry and golf club market size (USD Billion)
  • Fig. 11 Global golf club market size, 2018 to 2030 (USD Billion)
  • Fig. 12 Golf club market: Penetration & growth prospect mapping
  • Fig. 13 Golf club market: Value chain analysis
  • Fig. 14 Golf club market: Dynamics
  • Fig. 15 Golf club market: Porter's five forces analysis
  • Fig. 16 Golf club market estimates & forecast, by application (USD Billion)
  • Fig. 17 Leisure market estimates & forecasts, 2018 - 2030 (USD Billion)
  • Fig. 18 Professional market estimates & forecasts, 2018 - 2030 (USD Billion)
  • Fig. 19 Golf club market estimates & forecast, by distribution channel (USD Billion)
  • Fig. 20 Golf club market estimates & forecasts for offline, 2018 - 2030 (USD Billion)
  • Fig. 21 Golf club market estimates & forecasts for online, 2018 - 2030 (USD Billion)
  • Fig. 22 Golf club market estimates & forecasts for department and discount stores, 2018 - 2030 (USD Billion)
  • Fig. 23 Golf club market: Regional outlook, 2024 & 2030 (USD Billion)
  • Fig. 24 Regional marketplace: Key takeaways
  • Fig. 25 North America golf club market estimates & forecast, 2018 - 2030 (USD Billion)
  • Fig. 26 U.S. golf club market estimates & forecast, 2018 - 2030 (USD Billion)
  • Fig. 27 Canada golf club market estimates & forecast, 2018 - 2030 (USD Billion)
  • Fig. 28 Europe golf club market estimates & forecast, 2018 - 2030 (USD Billion)
  • Fig. 29 Germany golf club market estimates & forecast, 2018 - 2030 (USD Billion)
  • Fig. 30 U.K. golf club market estimates & forecast, 2018 - 2030 (USD Billion)
  • Fig. 31 France golf club market estimates & forecast, 2018 - 2030 (USD Billion)
  • Fig. 32 Italy golf club market estimates & forecast, 2018 - 2030 (USD Billion)
  • Fig. 33 Spain golf club market estimates & forecast, 2018 - 2030 (USD Billion)
  • Fig. 34 Asia Pacific golf club market estimates & forecast, 2018 - 2030 (USD Billion)
  • Fig. 35 China golf club market estimates & forecast, 2018 - 2030 (USD Billion)
  • Fig. 36 Japan golf club market estimates & forecast, 2018 - 2030 (USD Billion)
  • Fig. 37 India golf club market estimates & forecast, 2018 - 2030 (USD Billion)
  • Fig. 38 Australia & New Zealand golf club market estimates & forecast, 2018 - 2030 (USD Billion)
  • Fig. 39 Latin America golf club market estimates & forecast, 2018 - 2030 (USD Billion)
  • Fig. 40 Brazil golf club market estimates & forecast, 2018 - 2030 (USD Billion)
  • Fig. 41 Argentina golf club market estimates & forecast, 2018 - 2030 (USD Billion)
  • Fig. 42 Middle East & Africa golf club market estimates & forecast, 2018 - 2030 (USD Billion)
  • Fig. 43 South Africa golf club market estimates & forecast, 2018 - 2030 (USD Billion)
  • Fig. 44 UAE golf club market estimates & forecast, 2018 - 2030 (USD Billion)
  • Fig. 45 Key company categorization
  • Fig. 46 Strategic framework of golf club
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