What is the market share of sporting goods retailers in 2019?
In terms of revenue, sporting goods retailers dominated the market with a share of 47.2% in 2019. There has been increasing consumer preference for high-end golf clubs, which are generally sold at sporting goods retail stores.
How many people play golf in the United States?
The NGF count showed 24.8 million golfers in the U.S. in 2020, an increase of 500,000 and 2 percent over 2019. It is the largest net increase in 17 years. New players (both beginners playing their first round and lapsed golfers coming back to the game for the first time in years) numbered 6.2 million, the highest that number has ever been.
Who are the top 10 golf companies in the world?
1 Callaway Golf Company 2 Acushnet Holdings Corp 3 PING 4 Sumitomo Rubber Industries, Ltd. 5 TAYLORMADE GOLF COMPANY, INC. 6 MIZUNO Corporation 7 Amer Sports 8 Bridgestone Corporation 9 Studio B 10 Ben Hogan Golf Equipment Company
What is the market size of the Golf Club industry?
Report Overview The global golf club market size was valued at USD 3.66 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 2.5% from 2020 to 2027. The market is majorly driven by the growing popularity and adoption of golf as an active sport.