Picture
SEARCH
What are you looking for?
Need help finding what you are looking for? Contact Us
Compare

PUBLISHER: SkyQuest | PRODUCT CODE: 1646248

Cover Image

PUBLISHER: SkyQuest | PRODUCT CODE: 1646248

Golf Ball Market Size, Share, Growth Analysis, By Product Type (One-Piece Golf Balls, Two-Piece Golf Balls), By Application (Leisure, Professional), By Distribution Channel, By Region - Industry Forecast 2025-2032

PUBLISHED:
PAGES: 260 Pages
DELIVERY TIME: 3-5 business days
SELECT AN OPTION
PDF & Excel (Single User License)
USD 5300
PDF & Excel (Multiple User License)
USD 6200
PDF & Excel (Enterprise License)
USD 7100

Add to Cart

Golf Ball Market size was valued at USD 1.2 billion in 2023 and is poised to grow from USD 1.23 billion in 2024 to USD 1.53 billion by 2032, growing at a CAGR of 2.7% during the forecast period (2025-2032).

The global golf ball market is poised for significant growth, driven by increased golf tourism, higher consumer disposable incomes, and a surge in new golf course construction worldwide. The rising popularity of golf, especially among professionals, has led to an expanding base of players and heightened demand for golf balls. For example, the National Golf Foundation reported approximately 25 million golfers in the U.S. in 2019, equating to about 8% of the population, with a notable influx of new players. In addition, ongoing technological innovations, such as Seamless Cover Technology, are set to enhance product appeal further. This combination of factors indicates a robust trajectory for the golf ball market in the coming years.

Top-down and bottom-up approaches were used to estimate and validate the size of the Golf Ball market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Golf Ball Market Segments Analysis

Global Golf Ball Market is segmented by Product Type, Application, Distribution Channel and region. Based on Product Type, the market is segmented into One-Piece Golf Balls, Two-Piece Golf Balls, Three-Piece Golf Balls, Four-Piece Golf Balls and Others. Based on Application, the market is segmented into Leisure and Professional. Based on Distribution Channel, the market is segmented into Online and Offline. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Golf Ball Market

The global golf ball market is expected to experience significant growth driven by the rapid urbanization in developing countries, particularly India and China, along with a rise in disposable income among consumers. In recent years, the sport of golf has gained considerable popularity, especially among affluent and professional individuals, leading to a surge in demand for golf balls. Furthermore, the increasing emphasis on quality leisure time and the improved accessibility of golf equipment are anticipated to further fuel this growth. Collectively, these factors suggest a promising outlook for the golf ball market during the upcoming forecast period.

Restraints in the Golf Ball Market

The global golf ball market is expected to face significant challenges due to a notable shift towards online and indoor gaming, driven by the increasingly hectic lifestyles of people worldwide. This trend is likely to diminish interest in traditional golf. Furthermore, the escalating costs of golf course access and the rising prices of golf equipment are also anticipated to hinder market growth in the years ahead. Collectively, these factors represent substantial restraints that could impact the overall demand for golf balls, as consumers may prioritize more convenient and cost-effective forms of entertainment.

Market Trends of the Golf Ball Market

The golf ball market is experiencing a notable upsurge, driven by the proliferation of golf courses in highly developed nations such as Japan, the United States, and Germany. With approximately 30,000 golf courses worldwide and over 70% accessible to the public, the sport is becoming increasingly popular among both recreational and competitive players. The ongoing construction of over 200 golf courses, along with 350 new projects in the planning phases, indicates a promising outlook for the golf industry. This growth in infrastructure not only enhances the player base but also fuels demand for high-quality golf balls, presenting lucrative opportunities for manufacturers and retailers alike.

Product Code: SQSG25J2013

Table of Contents

Introduction

  • Objectives of the Study
  • Scope of the Report
  • Definitions

Research Methodology

  • Information Procurement
  • Secondary & Primary Data Methods
  • Market Size Estimation
  • Market Assumptions & Limitations

Executive Summary

  • Global Market Outlook
  • Supply & Demand Trend Analysis
  • Segmental Opportunity Analysis

Market Dynamics & Outlook

  • Market Overview
  • Market Size
  • Market Dynamics
    • Drivers & Opportunities
    • Restraints & Challenges
  • Porters Analysis
    • Competitive rivalry
    • Threat of substitute
    • Bargaining power of buyers
    • Threat of new entrants
    • Bargaining power of suppliers

Key Market Insights

  • Key Success Factors
  • Degree of Competition
  • Top Investment Pockets
  • Market Ecosystem
  • Market Attractiveness Index, 2024
  • PESTEL Analysis
  • Macro-Economic Indicators
  • Value Chain Analysis
  • Pricing Analysis
  • Case Studies
  • Regulatory Landscape
  • Customer & Buying Criteria Analysis
  • Raw Material Analysis
  • Patent Analysis

Global Golf Ball Market Size by Product Type & CAGR (2025-2032)

  • Market Overview
  • One-Piece Golf Balls
  • Two-Piece Golf Balls
  • Three-Piece Golf Balls
  • Four-Piece Golf Balls
  • Others

Global Golf Ball Market Size by Application & CAGR (2025-2032)

  • Market Overview
  • Leisure
  • Professional

Global Golf Ball Market Size by Distribution Channel & CAGR (2025-2032)

  • Market Overview
  • Online
  • Offline

Global Golf Ball Market Size & CAGR (2025-2032)

  • North America (Product Type, Application, Distribution Channel)
    • US
    • Canada
  • Europe (Product Type, Application, Distribution Channel)
    • Germany
    • Spain
    • France
    • UK
    • Italy
    • Rest of Europe
  • Asia Pacific (Product Type, Application, Distribution Channel)
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia-Pacific
  • Latin America (Product Type, Application, Distribution Channel)
    • Brazil
    • Rest of Latin America
  • Middle East & Africa (Product Type, Application, Distribution Channel)
    • GCC Countries
    • South Africa
    • Rest of Middle East & Africa

Competitive Intelligence

  • Top 5 Player Comparison
  • Market Positioning of Key Players, 2024
  • Strategies Adopted by Key Market Players
  • Recent Developments in the Market
  • Company Market Share Analysis, 2024
  • Company Profiles of All Key Players
    • Company Details
    • Product Portfolio Analysis
    • Company's Segmental Share Analysis
    • Revenue Y-O-Y Comparison (2022-2024)

Key Company Profiles

  • Titleist (USA)
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Callaway Golf (USA)
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Bridgestone Golf (Japan)
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • TaylorMade Golf (USA)
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Srixon (Japan)
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Wilson Sporting Goods (USA)
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Mizuno Corporation (Japan)
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Volvik (South Korea)
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Honma Golf (Japan)
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Nike, Inc. (USA)
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Acushnet Holdings Corp. (USA)
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Pinnacle (USA)
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Top-Flite (USA)
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Vice Golf (Germany)
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Snell Golf (USA)
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Maxfli (USA)
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Slazenger (UK)
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Dunlop Sports Co. Ltd. (Japan)
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Decathlon S.A. (France)
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments

Conclusion & Recommendations

Have a question?
Picture

Jeroen Van Heghe

Manager - EMEA

+32-2-535-7543

Picture

Christine Sirois

Manager - Americas

+1-860-674-8796

Questions? Please give us a call or visit the contact form.
Hi, how can we help?
Contact us!