Golf Tourism Market Size, Share & Trends Analysis Report By Tourist Type (Domestic, International), By Region (North America, Europe, Asia Pacific), And Segment Forecasts, 2025 - 2030

PUBLISHED: November 5, 2024

PAGES: 110 Pages

DELIVERY TIME: 2-10 business days

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The global golf tourism market size is expected to reach USD 41.87 billion in 2030 and is projected to grow at a CAGR of 9.1% from 2025 to 2030. The growth of the global market is mainly driven by a rise in the number of franchise games and increasing government involvement to develop suitable infrastructure. For instance, in August 2022, Gauntlet Golf Club received USD 8,804 from the County American Rescue Plan Act Sports Marketing Incentive Program. The amount has been received as a part of a USD 1.45 million COVID-19 Revitalization Project spearheaded by the Virginia Tourism Corporation (VTC) to attract new competitive sporting events and spur economic activity and travel across Virginia. In addition, a large number of tour operators and agents are introducing interesting golf tourism packages surrounding major sporting events and tournaments across the globe.

This is expected to have a positive impact on the global industry. Golf tourism has emerged as one of the highest growing sectors of the tourism industry across the globe generating high revenue for tour operators and economies. Moreover, in countries like Russia, the U.K., Germany, India, China, the U.S., Spain, and Canada, sports are utilized to promote tourism. Numerous visitors that go to various locations across the globe to take part in and watch sporting events are catered to by sports tourism. In addition, domestic and international tourists spend money on lodging, transportation, food & beverages, and other luxuries. Furthermore, as the number of golf events & tournaments increases and governments & sports authorities' focus on promoting sports tourism across key countries rises, the global market is expected to witness promising growth in the coming years.

The COVID-19 pandemic has had a significant influence on several sectors and businesses. The pandemic posed several challenges for all businesses operating in the industry. The COVID-19 pandemic had a significant influence on the world market, and tour operators witnessed a financial downturn. According to the statistics published by the World Travel & Tourism Council (WTTC), travel and tourism GDP contribution declined by 50.4% (USD 4.9 trillion) in 2020. In the post-pandemic environment, the global market is anticipated to receive a boost from the ongoing move toward golf tourism and various initiatives taken by sports organizations and key companies to promote sports tourism. The Asia Pacific region is expected to showcase the fastest CAGR over the forecast years backed by the rising number of staging the largest tournaments for golfers.

Golf Tourism Market Report Highlights:

International tourism is expected to witness strong growth in the coming years due to the rising number of golf tournaments and activities taking place across the globe
In addition, government associations and key tour operators are developing business expansion strategies resulting in increased growth of the international golf tourism sector
North America led the industry with the U.S. and Canada capturing major shares. The growth is mainly driven by the presence of well-developed economies, the availability of several golf courses, and the widespread coverage of sports across the region
Southeast Asian countries, such as Thailand, Malaysia, and Singapore, are poised to become top golfing destinations in the coming years. Golf tourism in Singapore and Malaysia is highly attractive for international golfers
According to the World Travel Market Global Trends Report, cross-industry partnerships and cooperation is playing an important role in boosting the regional market and tour operators have value-add packages and incentives offering unlimited golf rounds to attract golfers from India, Japan, and across the globe

Product Code: GVR-4-68040-006-0

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 Materials & 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. Tourist Type Outlook
2.3. Regional Outlook
2.4. Competitive Landscape Snapshot

Chapter 3. Golf Tourism Market Variables and Trends

3.1. Market Lineage Outlook
3.2. Industry Value Chain Analysis
- 3.2.1. Booking Trends
- 3.2.2. Profit Margin Analysis
3.3. Market Dynamics
- 3.3.1. Market Driver Analysis
- 3.3.2. Market Restraint Analysis
- 3.3.3. Market Opportunities
- 3.3.4. Market Challenges
3.4. Industry Analysis Tools
- 3.4.1. Porter's Five Forces Analysis
3.5. Market Entry Strategies

Chapter 4. Consumer Behavior Analysis

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

Chapter 5. Golf Tourism Market: Tourist Type Estimates & Trend Analysis

5.1. Golf Tourism Market, By Tourist Type: Key Takeaways
5.2. Tourist Type Movement Analysis & Market Share, 2024 & 2030
5.3. Market Estimates & Forecasts, by Tourist Type, 2018 - 2030 (USD Million)
- 5.3.1. Domestic
  - 5.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 5.3.2. International
  - 5.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)

Chapter 6. Golf Tourism Market: Regional Estimates & Trend Analysis

6.1. Golf Tourism Market: Regional Outlook
6.2. Regional Marketplaces: Key Takeaways
6.3. Market Estimates & Forecasts, by region, 2018 - 2030 (USD Million)
- 6.3.1. North America
  - 6.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Million)
  - 6.3.1.2. U.S.
    - 6.3.1.2.1. Key country dynamics
    - 6.3.1.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
  - 6.3.1.3. Canada
    - 6.3.1.3.1. Key country dynamics
    - 6.3.1.3.2. Market estimates and forecast, 2018 - 2030 (USD Million)
  - 6.3.1.4. Mexico
    - 6.3.1.4.1. Key country dynamics
    - 6.3.1.4.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.3.2. Europe
  - 6.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
  - 6.3.2.2. U.K.
    - 6.3.2.2.1. Key country dynamics
    - 6.3.2.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
  - 6.3.2.3. Germany
    - 6.3.2.3.1. Key country dynamics
    - 6.3.2.3.2. Market estimates and forecast, 2018 - 2030 (USD Million)
  - 6.3.2.4. France
    - 6.3.2.4.1. Key country dynamics
    - 6.3.2.4.2. Market estimates and forecast, 2018 - 2030 (USD Million)
  - 6.3.2.5. Italy
    - 6.3.2.5.1. Key country dynamics
    - 6.3.2.5.2. Market estimates and forecast, 2018 - 2030 (USD Million)
  - 6.3.2.6. Spain
    - 6.3.2.6.1. Key country dynamics
    - 6.3.2.6.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.3.3. Asia Pacific
  - 6.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
  - 6.3.3.2. China
    - 6.3.3.2.1. Key country dynamics
    - 6.3.3.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
  - 6.3.3.3. Japan
    - 6.3.3.3.1. Key country dynamics
    - 6.3.3.3.2. Market estimates and forecast, 2018 - 2030 (USD Million)
  - 6.3.3.4. India
    - 6.3.3.4.1. Key country dynamics
    - 6.3.3.4.2. Market estimates and forecast, 2018 - 2030 (USD Million)
  - 6.3.3.5. Australia
    - 6.3.3.5.1. Key country dynamics
    - 6.3.3.5.2. Market estimates and forecast, 2018 - 2030 (USD Million)
  - 6.3.3.6. South Korea
    - 6.3.3.6.1. Key country dynamics
    - 6.3.3.6.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.3.4. Central & South America
  - 6.3.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
  - 6.3.4.2. Brazil
    - 6.3.4.2.1. Key country dynamics
    - 6.3.4.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.3.5. Middle East & Africa
  - 6.3.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
  - 6.3.5.2. South Africa
    - 6.3.5.2.1. Key country dynamics
    - 6.3.5.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)

Chapter 7. Golf Tourism Market: Competitive Analysis

7.1. Recent Developments & Impact Analysis, by Key Market Participants
7.2. Company Categorization
7.3. Participant's Overview
7.4. Financial Performance
7.5. Product Benchmarking
7.6. Company Market Share Analysis, 2024 (%)
7.7. Company Heat Map Analysis, 2024
7.8. Strategy Mapping
7.9. Company Profiles
- 7.9.1. Golfasian Co., Ltd.
  - 7.9.1.1. Company Overview
  - 7.9.1.2. Financial Performance
  - 7.9.1.3. Product Portfolios
  - 7.9.1.4. Strategic Initiatives
- 7.9.2. Golfasian Co., Ltd.
  - 7.9.2.1. Company Overview
  - 7.9.2.2. Financial Performance
  - 7.9.2.3. Product Portfolios
  - 7.9.2.4. Strategic Initiatives
- 7.9.3. The Haversham and Baker Co.
  - 7.9.3.1. Company Overview
  - 7.9.3.2. Financial Performance
  - 7.9.3.3. Product Portfolios
  - 7.9.3.4. Strategic Initiatives
- 7.9.4. PerryGolf
  - 7.9.4.1. Company Overview
  - 7.9.4.2. Financial Performance
  - 7.9.4.3. Product Portfolios
  - 7.9.4.4. Strategic Initiatives
- 7.9.5. Carr Golf
  - 7.9.5.1. Company Overview
  - 7.9.5.2. Financial Performance
  - 7.9.5.3. Product Portfolios
  - 7.9.5.4. Strategic Initiatives
- 7.9.6. Celtic Golf
  - 7.9.6.1. Company Overview
  - 7.9.6.2. Financial Performance
  - 7.9.6.3. Product Portfolios
  - 7.9.6.4. Strategic Initiatives
- 7.9.7. SGH Golf
  - 7.9.7.1. Company Overview
  - 7.9.7.2. Financial Performance
  - 7.9.7.3. Product Portfolios
  - 7.9.7.4. Strategic Initiatives
- 7.9.8. Golfbreaks Ltd.
  - 7.9.8.1. Company Overview
  - 7.9.8.2. Financial Performance
  - 7.9.8.3. Product Portfolios
  - 7.9.8.4. Strategic Initiatives
- 7.9.9. Golf Tours International
  - 7.9.9.1. Company Overview
  - 7.9.9.2. Financial Performance
  - 7.9.9.3. Product Portfolios
  - 7.9.9.4. Strategic Initiatives
- 7.9.10. PerryGolf
  - 7.9.10.1. Company Overview
  - 7.9.10.2. Financial Performance
  - 7.9.10.3. Product Portfolios
  - 7.9.10.4. Strategic Initiatives

Product Code: GVR-4-68040-006-0

List of Tables

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

List of Figures

Fig. 1 Golf tourism 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 Parent industry and golf tourism market size, 2024 (USD Million)
Fig. 11 Golf tourism market: Value chain analysis
Fig. 12 Golf tourism market: Dynamics
Fig. 13 Golf tourism market: Porter's five forces analysis
Fig. 14 Golf tourism market, by tourist type: Key takeaways
Fig. 15 Golf tourism market: Tourist type movement analysis, 2024 & 2030 (%)
Fig. 16 Domestic golf tourism market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 17 International golf tourism market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 18 Golf tourism market: Regional outlook, 2024 & 2030 (USD Million)
Fig. 19 Regional marketplace: Key takeaways
Fig. 20 North America golf tourism market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 21 U.S. golf tourism market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 22 Canada golf tourism market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 23 Mexico golf tourism market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 24 Europe golf tourism market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 25 U.K. golf tourism market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 26 Germany golf tourism market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 27 France golf tourism market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 28 Italy golf tourism market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 29 Spain golf tourism market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 30 Asia Pacific golf tourism market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 31 China golf tourism market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 32 Japan golf tourism market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 33 India golf tourism market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 34 Australia golf tourism market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 35 South Korea golf tourism market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 36 Central & South America golf tourism market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 37 Brazil golf tourism market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 38 Middle East & Africa golf tourism market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 39 South Africa golf tourism market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 40 Key company categorization
Fig. 41 Company market share analysis, 2024 (%)
Fig. 42 Strategic framework of golf tourism market