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PUBLISHER: KBV Research | PRODUCT CODE: 1519591

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PUBLISHER: KBV Research | PRODUCT CODE: 1519591

Europe Golf Bags Market Size, Share & Trends Analysis Report By Type (Soft and Hard), By Product (Stand Bag, Cart Bag, Tour Bag, Travel Bag, and Pencil Bag), By Country and Growth Forecast, 2024 - 2031

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The Europe Golf Bags Market would witness market growth of 8.9% CAGR during the forecast period (2024-2031). In the year 2021, the Europe market's volume surged to 967.5 thousand units, showcasing a growth of 26.2% (2020-2024).

Cart bags in the Golf Bags Market are designed for golfers who primarily use golf carts. These bags are characterized by their sturdy construction and ample storage space, often featuring 14-way top dividers to keep clubs organized and protected. Therefore, the Germany market is expected to utilize 146.36 thousand units of cart bags by 2031.

The Germany market dominated the Europe Golf Bags Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $126.9 million by 2031. The UK market is exhibiting a CAGR of 7.9% during (2024 - 2031). Additionally, The France market would experience a CAGR of 9.9% during (2024 - 2031).

The health benefits associated with playing golf have also contributed to its increasing popularity. Golf is recognized for providing a range of physical and mental health benefits. It promotes cardiovascular health, improves muscle tone and endurance, and offers a way to manage stress through outdoor activity.

Moreover, the leisurely pace of golf, combined with the physical exercise of walking the course and swinging the clubs, makes it an attractive option for those looking to stay active without engaging in strenuous activities. Health-conscious individuals are thus more inclined to take up golf, further boosting the demand for golf-related products, including bags designed for comfort and functionality.

Europe boasts a rich golfing heritage with renowned courses and tournaments. This tradition fuels continued interest in the sport and a steady demand for equipment like golf bags. The UK has some of the most iconic golf courses, including St. Andrews, Royal Birkdale, and Royal St. George's. According to VisitScotland, golf tourism in Scotland alone generates over £286 million annually, highlighting the substantial economic impact of the sport. The allure of playing on historic courses that host major championships like The Open attracts thousands of international golfers each year.

Based on Type, the market is segmented into Soft and Hard. Based on Product, the market is segmented into Stand Bag, Cart Bag, Tour Bag, Travel Bag, and Pencil Bag. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

List of Key Companies Profiled

  • Acushnet Holdings Corp. (Magnus Holdings Co., Ltd)
  • Topgolf Callaway Brands Corp.
  • Taylor Made Golf Company, Inc. (CENTROID Investment Partners)
  • PING, Inc.
  • Mizuno Corporation
  • Amer Sports
  • Sun Mountain Sports, Inc. (SOLACE CAPITAL PARTNERS, LLC)
  • Nike, Inc.
  • Motocaddy

Europe Golf Bags Market Report Segmentation

By Type (Volume, Thousand Units, USD Billion, 2020-2031)

  • Soft
  • Hard

By Product (Volume, Thousand Units, USD Billion, 2020-2031)

  • Stand Bag
  • Cart Bag
  • Tour Bag
  • Travel Bag

By Country (Volume, Thousand Units, USD Billion, 2020-2031)

  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe

Table of Contents

Chapter 1. Market Scope & Methodology

  • 1.1 Market Definition
  • 1.2 Objectives
  • 1.3 Market Scope
  • 1.4 Segmentation
    • 1.4.1 Europe Golf Bags Market, by Type
    • 1.4.2 Europe Golf Bags Market, by Product
    • 1.4.3 Europe Golf Bags Market, by Country
  • 1.5 Methodology for the research

Chapter 2. Market at a Glance

  • 2.1 Key Highlights

Chapter 3. Market Overview

  • 3.1 Introduction
    • 3.1.1 Overview
      • 3.1.1.1 Market Composition and Scenario
  • 3.2 Key Factors Impacting the Market
    • 3.2.1 Market Drivers
    • 3.2.2 Market Restraints
    • 3.2.3 Market Opportunities
    • 3.2.4 Market Challenges
  • 3.3 Porter Five Forces Analysis

Chapter 4. Europe Golf Bags Market by Type

  • 4.1 Europe Soft Market by Country
  • 4.2 Europe Hard Market by Country

Chapter 5. Europe Golf Bags Market by Product

  • 5.1 Europe Stand Bag Market by Country
  • 5.2 Europe Cart Bag Market by Country
  • 5.3 Europe Tour Bag Market by Country
  • 5.4 Europe Travel Bag Market by Country
  • 5.5 Europe Pencil Bag Market by Country

Chapter 6. Europe Golf Bags Market by Country

  • 6.1 Germany Golf Bags Market
    • 6.1.1 Germany Golf Bags Market by Type
    • 6.1.2 Germany Golf Bags Market by Product
  • 6.2 UK Golf Bags Market
    • 6.2.1 UK Golf Bags Market by Type
    • 6.2.2 UK Golf Bags Market by Product
  • 6.3 France Golf Bags Market
    • 6.3.1 France Golf Bags Market by Type
    • 6.3.2 France Golf Bags Market by Product
  • 6.4 Russia Golf Bags Market
    • 6.4.1 Russia Golf Bags Market by Type
    • 6.4.2 Russia Golf Bags Market by Product
  • 6.5 Spain Golf Bags Market
    • 6.5.1 Spain Golf Bags Market by Type
    • 6.5.2 Spain Golf Bags Market by Product
  • 6.6 Italy Golf Bags Market
    • 6.6.1 Italy Golf Bags Market by Type
    • 6.6.2 Italy Golf Bags Market by Product
  • 6.7 Rest of Europe Golf Bags Market
    • 6.7.1 Rest of Europe Golf Bags Market by Type
    • 6.7.2 Rest of Europe Golf Bags Market by Product

Chapter 7. Company Profiles

  • 7.1 Acushnet Holdings Corp. (Magnus Holdings Co., Ltd)
    • 7.1.1 Company Overview
    • 7.1.2 Financial Analysis
    • 7.1.3 Segmental and Regional Analysis
    • 7.1.4 Research & Development Expenses
  • 7.2 Topgolf Callaway Brands Corp.
    • 7.2.1 Company Overview
    • 7.2.2 Financial Analysis
    • 7.2.3 Segmental and Regional Analysis
    • 7.2.4 Research & Development Expenses
  • 7.3 Taylor Made Golf Company, Inc. (CENTROID Investment Partners)
    • 7.3.1 Company Overview
  • 7.4 PING, Inc.
    • 7.4.1 Company Overview
  • 7.5 Sun Mountain Sports, Inc. (Solace Capital Partners, LLC)
    • 7.5.1 Company Overview
  • 7.6 Motocaddy
    • 7.6.1 Company Overview
  • 7.7 Mizuno Corporation
    • 7.7.1 Company Overview
    • 7.7.2 Financial Analysis
    • 7.7.3 Regional Analysis
  • 7.8 Amer Sports
    • 7.8.1 Company Overview
    • 7.8.2 SWOT Analysis
  • 7.9 Nike, Inc.
    • 7.9.1 Company Overview
    • 7.9.2 Financial Analysis
    • 7.9.3 Segmental Analysis
    • 7.9.4 SWOT Analysis

LIST OF TABLES

  • TABLE 1 Europe Golf Bags Market, 2020 - 2023, USD Million
  • TABLE 2 Europe Golf Bags Market, 2024 - 2031, USD Million
  • TABLE 3 Europe Golf Bags Market, 2020 - 2023, Thousand units
  • TABLE 4 Europe Golf Bags Market, 2024 - 2031, Thousand units
  • TABLE 5 Europe Golf Bags Market by Type, 2020 - 2023, USD Million
  • TABLE 6 Europe Golf Bags Market by Type, 2024 - 2031, USD Million
  • TABLE 7 Europe Golf Bags Market by Type, 2020 - 2023, Thousand units
  • TABLE 8 Europe Golf Bags Market by Type, 2024 - 2031, Thousand units
  • TABLE 9 Europe Soft Market by Country, 2020 - 2023, USD Million
  • TABLE 10 Europe Soft Market by Country, 2024 - 2031, USD Million
  • TABLE 11 Europe Soft Market by Country, 2020 - 2023, Thousand units
  • TABLE 12 Europe Soft Market by Country, 2024 - 2031, Thousand units
  • TABLE 13 Europe Hard Market by Country, 2020 - 2023, USD Million
  • TABLE 14 Europe Hard Market by Country, 2024 - 2031, USD Million
  • TABLE 15 Europe Hard Market by Country, 2020 - 2023, Thousand units
  • TABLE 16 Europe Hard Market by Country, 2024 - 2031, Thousand units
  • TABLE 17 Europe Golf Bags Market by Product, 2020 - 2023, USD Million
  • TABLE 18 Europe Golf Bags Market by Product, 2024 - 2031, USD Million
  • TABLE 19 Europe Golf Bags Market by Product, 2020 - 2023, Thousand units
  • TABLE 20 Europe Golf Bags Market by Product, 2024 - 2031, Thousand units
  • TABLE 21 Europe Stand Bag Market by Country, 2020 - 2023, USD Million
  • TABLE 22 Europe Stand Bag Market by Country, 2024 - 2031, USD Million
  • TABLE 23 Europe Stand Bag Market by Country, 2020 - 2023, Thousand units
  • TABLE 24 Europe Stand Bag Market by Country, 2024 - 2031, Thousand units
  • TABLE 25 Europe Cart Bag Market by Country, 2020 - 2023, USD Million
  • TABLE 26 Europe Cart Bag Market by Country, 2024 - 2031, USD Million
  • TABLE 27 Europe Cart Bag Market by Country, 2020 - 2023, Thousand units
  • TABLE 28 Europe Cart Bag Market by Country, 2024 - 2031, Thousand units
  • TABLE 29 Europe Tour Bag Market by Country, 2020 - 2023, USD Million
  • TABLE 30 Europe Tour Bag Market by Country, 2024 - 2031, USD Million
  • TABLE 31 Europe Tour Bag Market by Country, 2020 - 2023, Thousand units
  • TABLE 32 Europe Tour Bag Market by Country, 2024 - 2031, Thousand units
  • TABLE 33 Europe Travel Bag Market by Country, 2020 - 2023, USD Million
  • TABLE 34 Europe Travel Bag Market by Country, 2024 - 2031, USD Million
  • TABLE 35 Europe Travel Bag Market by Country, 2020 - 2023, Thousand units
  • TABLE 36 Europe Travel Bag Market by Country, 2024 - 2031, Thousand units
  • TABLE 37 Europe Pencil Bag Market by Country, 2020 - 2023, USD Million
  • TABLE 38 Europe Pencil Bag Market by Country, 2024 - 2031, USD Million
  • TABLE 39 Europe Pencil Bag Market by Country, 2020 - 2023, Thousand units
  • TABLE 40 Europe Pencil Bag Market by Country, 2024 - 2031, Thousand units
  • TABLE 41 Europe Golf Bags Market by Country, 2020 - 2023, USD Million
  • TABLE 42 Europe Golf Bags Market by Country, 2024 - 2031, USD Million
  • TABLE 43 Europe Golf Bags Market by Country, 2020 - 2023, Thousand units
  • TABLE 44 Europe Golf Bags Market by Country, 2024 - 2031, Thousand units
  • TABLE 45 Germany Golf Bags Market, 2020 - 2023, USD Million
  • TABLE 46 Germany Golf Bags Market, 2024 - 2031, USD Million
  • TABLE 47 Germany Golf Bags Market, 2020 - 2023, Thousand units
  • TABLE 48 Germany Golf Bags Market, 2024 - 2031, Thousand units
  • TABLE 49 Germany Golf Bags Market by Type, 2020 - 2023, USD Million
  • TABLE 50 Germany Golf Bags Market by Type, 2024 - 2031, USD Million
  • TABLE 51 Germany Golf Bags Market by Type, 2020 - 2023, Thousand units
  • TABLE 52 Germany Golf Bags Market by Type, 2024 - 2031, Thousand units
  • TABLE 53 Germany Golf Bags Market by Product, 2020 - 2023, USD Million
  • TABLE 54 Germany Golf Bags Market by Product, 2024 - 2031, USD Million
  • TABLE 55 Germany Golf Bags Market by Product, 2020 - 2023, Thousand units
  • TABLE 56 Germany Golf Bags Market by Product, 2024 - 2031, Thousand units
  • TABLE 57 UK Golf Bags Market, 2020 - 2023, USD Million
  • TABLE 58 UK Golf Bags Market, 2024 - 2031, USD Million
  • TABLE 59 UK Golf Bags Market, 2020 - 2023, Thousand units
  • TABLE 60 UK Golf Bags Market, 2024 - 2031, Thousand units
  • TABLE 61 UK Golf Bags Market by Type, 2020 - 2023, USD Million
  • TABLE 62 UK Golf Bags Market by Type, 2024 - 2031, USD Million
  • TABLE 63 UK Golf Bags Market by Type, 2020 - 2023, Thousand units
  • TABLE 64 UK Golf Bags Market by Type, 2024 - 2031, Thousand units
  • TABLE 65 UK Golf Bags Market by Product, 2020 - 2023, USD Million
  • TABLE 66 UK Golf Bags Market by Product, 2024 - 2031, USD Million
  • TABLE 67 UK Golf Bags Market by Product, 2020 - 2023, Thousand units
  • TABLE 68 UK Golf Bags Market by Product, 2024 - 2031, Thousand units
  • TABLE 69 France Golf Bags Market, 2020 - 2023, USD Million
  • TABLE 70 France Golf Bags Market, 2024 - 2031, USD Million
  • TABLE 71 France Golf Bags Market, 2020 - 2023, Thousand units
  • TABLE 72 France Golf Bags Market, 2024 - 2031, Thousand units
  • TABLE 73 France Golf Bags Market by Type, 2020 - 2023, USD Million
  • TABLE 74 France Golf Bags Market by Type, 2024 - 2031, USD Million
  • TABLE 75 France Golf Bags Market by Type, 2020 - 2023, Thousand units
  • TABLE 76 France Golf Bags Market by Type, 2024 - 2031, Thousand units
  • TABLE 77 France Golf Bags Market by Product, 2020 - 2023, USD Million
  • TABLE 78 France Golf Bags Market by Product, 2024 - 2031, USD Million
  • TABLE 79 France Golf Bags Market by Product, 2020 - 2023, Thousand units
  • TABLE 80 France Golf Bags Market by Product, 2024 - 2031, Thousand units
  • TABLE 81 Russia Golf Bags Market, 2020 - 2023, USD Million
  • TABLE 82 Russia Golf Bags Market, 2024 - 2031, USD Million
  • TABLE 83 Russia Golf Bags Market, 2020 - 2023, Thousand units
  • TABLE 84 Russia Golf Bags Market, 2024 - 2031, Thousand units
  • TABLE 85 Russia Golf Bags Market by Type, 2020 - 2023, USD Million
  • TABLE 86 Russia Golf Bags Market by Type, 2024 - 2031, USD Million
  • TABLE 87 Russia Golf Bags Market by Type, 2020 - 2023, Thousand units
  • TABLE 88 Russia Golf Bags Market by Type, 2024 - 2031, Thousand units
  • TABLE 89 Russia Golf Bags Market by Product, 2020 - 2023, USD Million
  • TABLE 90 Russia Golf Bags Market by Product, 2024 - 2031, USD Million
  • TABLE 91 Russia Golf Bags Market by Product, 2020 - 2023, Thousand units
  • TABLE 92 Russia Golf Bags Market by Product, 2024 - 2031, Thousand units
  • TABLE 93 Spain Golf Bags Market, 2020 - 2023, USD Million
  • TABLE 94 Spain Golf Bags Market, 2024 - 2031, USD Million
  • TABLE 95 Spain Golf Bags Market, 2020 - 2023, Thousand units
  • TABLE 96 Spain Golf Bags Market, 2024 - 2031, Thousand units
  • TABLE 97 Spain Golf Bags Market by Type, 2020 - 2023, USD Million
  • TABLE 98 Spain Golf Bags Market by Type, 2024 - 2031, USD Million
  • TABLE 99 Spain Golf Bags Market by Type, 2020 - 2023, Thousand units
  • TABLE 100 Spain Golf Bags Market by Type, 2024 - 2031, Thousand units
  • TABLE 101 Spain Golf Bags Market by Product, 2020 - 2023, USD Million
  • TABLE 102 Spain Golf Bags Market by Product, 2024 - 2031, USD Million
  • TABLE 103 Spain Golf Bags Market by Product, 2020 - 2023, Thousand units
  • TABLE 104 Spain Golf Bags Market by Product, 2024 - 2031, Thousand units
  • TABLE 105 Italy Golf Bags Market, 2020 - 2023, USD Million
  • TABLE 106 Italy Golf Bags Market, 2024 - 2031, USD Million
  • TABLE 107 Italy Golf Bags Market, 2020 - 2023, Thousand units
  • TABLE 108 Italy Golf Bags Market, 2024 - 2031, Thousand units
  • TABLE 109 Italy Golf Bags Market by Type, 2020 - 2023, USD Million
  • TABLE 110 Italy Golf Bags Market by Type, 2024 - 2031, USD Million
  • TABLE 111 Italy Golf Bags Market by Type, 2020 - 2023, Thousand units
  • TABLE 112 Italy Golf Bags Market by Type, 2024 - 2031, Thousand units
  • TABLE 113 Italy Golf Bags Market by Product, 2020 - 2023, USD Million
  • TABLE 114 Italy Golf Bags Market by Product, 2024 - 2031, USD Million
  • TABLE 115 Italy Golf Bags Market by Product, 2020 - 2023, Thousand units
  • TABLE 116 Italy Golf Bags Market by Product, 2024 - 2031, Thousand units
  • TABLE 117 Rest of Europe Golf Bags Market, 2020 - 2023, USD Million
  • TABLE 118 Rest of Europe Golf Bags Market, 2024 - 2031, USD Million
  • TABLE 119 Rest of Europe Golf Bags Market, 2020 - 2023, Thousand units
  • TABLE 120 Rest of Europe Golf Bags Market, 2024 - 2031, Thousand units
  • TABLE 121 Rest of Europe Golf Bags Market by Type, 2020 - 2023, USD Million
  • TABLE 122 Rest of Europe Golf Bags Market by Type, 2024 - 2031, USD Million
  • TABLE 123 Rest of Europe Golf Bags Market by Type, 2020 - 2023, Thousand units
  • TABLE 124 Rest of Europe Golf Bags Market by Type, 2024 - 2031, Thousand units
  • TABLE 125 Rest of Europe Golf Bags Market by Product, 2020 - 2023, USD Million
  • TABLE 126 Rest of Europe Golf Bags Market by Product, 2024 - 2031, USD Million
  • TABLE 127 Rest of Europe Golf Bags Market by Product, 2020 - 2023, Thousand units
  • TABLE 128 Rest of Europe Golf Bags Market by Product, 2024 - 2031, Thousand units
  • TABLE 129 Key Information - Acushnet Holdings Corp.
  • TABLE 130 Key Information - Topgolf Callaway Brands Corp.
  • TABLE 131 Key Information - Taylor Made Golf Company, Inc.
  • TABLE 132 Key Information - PING, Inc.
  • TABLE 133 Key Information - Sun Mountain Sports, Inc.
  • TABLE 134 Key Information - Motocaddy
  • TABLE 135 Key Information - Mizuno Corporation
  • TABLE 136 Key Information - Amer Sports
  • TABLE 137 Key Information - Nike, Inc.
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