How big is the golf ball market in the US?
US market size for golf balls = (150 million/10) * 50 = $750 Million per year. This is a better estimate but this is still quite arbitrary. Golf balls are typically sold in dozen’s and the prices range from $10 to $60/doz. The distribution on the pricing / sales of balls is far from uniform.
How many people play golf in the US?
Around 8.8 million of these participants are said to be avid golfers. Americans aged 30-49 years are the most likely age group to play golf as about 20 percent said on a Statista survey that they play golf.
How long has the USGA been measuring the golf industry?
We’ve measured the health and vitality of the U.S. golf industry for more than 80 years. Through the support of our members, we’re able to provide golf’s stakeholders with accurate and timely information that helps everyone in golf become smarter about the industry in which they operate.
What is the market share of North America in golf facilities?
North America held the dominant market share of over 35% in 2017, owing to the presence of over 17,000 golf facilities out of which approximately 13,000 are public whereas 4,000 are private clubs.
How many golf balls are used in the US each year?
2 billion golf ballsBrainTeaser Bibles used a similar method to estimate that there 2 billion golf balls are used in the U.S. each year, to which we'll add 1 billion in old or unused balls. Seeing as 7% of America's golf courses are in Florida, we'll say there are 210 million golf balls in Florida.
How large is the golf ball market?
The Global Golf Ball Market size was estimated at USD 561.78 million in 2020 and expected to reach USD 607.63 million in 2021, at a CAGR 8.59% to reach USD 1,000.40 million by 2027.
How many golf balls are lost per day?
The golf ball industry is a juggernaut, with brands like Titleist churning out about 1 million golf balls per day! And why do they need to produce so many? Because losing golf balls is a global pandemic! 300 million golf balls are lost every year in the US alone.
What brand of golf balls sells the most?
Titleist has enjoyed a record-breaking first half of 2019, with the most recent Golf Datatech market share figures showing significant year-on-year growth for the company's golf ball business both off and on course.
How much are golf balls worth?
Generally you'll be paid between 6 and 12 cents per ball selling them wholesale. If you're good at collecting, that can add up to hundreds of dollars daily. If you're not a diver, or you don't find more than a few hundred balls at a time, you might consider retailing the used golf balls yourself.
How many golf balls are produced every year?
1.2 billion golf ballsAbout 1.2 billion golf balls are produced every year. There are more than 80 different types of balls of varying construction materials and designs.
Is there a golf ball shortage?
Golf ball shortages become a secondary concern. At this point, there is no shortage, according to Ray Headley, director of golf at Sable Creek near Hartville, "The advice became to stock up for this season," Headley said, "and we took the advice. Our stock is good."
Do pros lose golf balls?
Even pros on the PGA Tour lose their fair share of balls, though it comes at a much lower clip than your average weekend warrior. According to some digging in an article from GOLF's own Dylan Dethier, avid golfers lose 1.3 balls per round.
How many golf balls are on the moon?
two golf ballsThere are two golf balls on the moon, placed there by Alan Shepard, a NASA astronaut in the Apollo 14 mission in 1971.
What is the number 1 selling golf ball?
Callaway Chrome Soft – 1 Dozen.
What is the rarest golf ball?
gutta percha ballsDivers have begun a search in Donegal for what they believe could be some of the world's rarest golf balls. The gutta percha balls once belonged to golfing legend Old Tom Morris, who won the Open four times in the 1860s.
What is the best selling golf ball in America?
Best Sellers in Golf Balls#1. Callaway 2021 Supersoft Golf Balls 12B PK. ... #2. Callaway 2021 Warbird Golf Balls. ... #3. Bridgestone Golf e12 Contact Golf Balls (One Dozen) ... #4. Titleist Pro V1 Golf Balls. ... #5. Titleist TruFeel Golf Balls. ... #6. Bridgestone e6 Golf Balls (One Dozen) ... #7. 2021 TaylorMade Distance+ Golf Balls. ... #8.More items...
How much is golf equipment sold in the US?
In 2019, total golf equipment wholesale sales in the U.S. including golf clubs and balls amounted to more than 2.3 billion U.S. dollars.
How much money will golf clubs make in 2024?
Revenue from golf course and country clubs is projected to reach approximately 24.65 billion U.S. dollars in the United States by 2024. As of 2019, the number of golf participants in the U.S. stood at approximately 24.3 million.
What are the leading golf equipment companies?
The leading golf equipment/apparel companies in the world include Acushnet, Callaway Golf, as well as NIKE golf. In 2020, worldwide revenue of Callaway Golf amounted to almost 1.6 billion U.S. dollars. The Royal Troon Golf Club in Glasgow, Scotland is the leading golf course management company and currently owns 278 golf courses worldwide in 2020.
How much was golf equipment sold in the US in 2020?
This statistic depicts the manufacturers (wholesale) sales of golf equipment in the United States from 2007 to 2020. In 2020, wholesale sales of golf clubs amounted to about 1.41 billion U.S. dollars.
How much is golf club sales in 2020?
In 2020, wholesale sales of golf clubs amounted to about 1.41 billion U.S. dollars.
How many people will play golf in 2020?
played golf – both on-course and off-course – in 2020. This includes 24.8 million people who played on a golf course and another 12.1 million who participated exclusively in off-course golf activities at places like driving ranges, indoor golf simulators or golf entertainment venues like Topgolf and Drive Shack.
What percentage of golfers are women?
0 %. of on-course golfers are women. Females represent a disproportionately higher percentage of juniors (34%), beginners (36%) and off-course participants (45%) than they do in the overall golf population. Latent Demand.
How many golf rounds will be played in 2020?
Consider that over 500 million rounds were played in the U.S. alone in 2020, with the coronavirus bringing even more newcomers and rusty former players into the fold.
Who owns PG Golf?
There are a host of other players in the field, most notably PG Golf, which was acquired by Titleist parent company Acushnet in 2018. The world’s largest recycled golf ball company, PG Golf retrieves and markets golf balls to retailers and golf shops as well as directly to the consumer via LostGolfBalls.com.
How much are baseball bats sold in 2020?
Wholesale sales of baseball and softball bats in the United States were around 213 million U.S. dollars in 2020, making it the top selling category within baseball/softball sports equipment. Gloves and mitts was the next biggest product segment in that market, with wholesale sales of roughly 137 million U.S. dollars.
What is the most lucrative category of sports equipment?
Sports equipment falls under the broader category of sporting goods. In terms of retail sales of the U.S. sporting goods market, athletic wear was the most lucrative category, generating around 36 billion U.S. dollars in sales in 2020. Retail sales of sport equipment came to a total of about 28 billion U.S. dollars that year.