The term "golf industry" refers to all businesses, products, and services associated with the sport of golf. Golf courses, golf pros, golf equipment companies, and even golf clothing companies are all considered part of the golf industry, as their main clientele consists of golfers.
Full Answer
What are some great careers in the golf industry?
- requirements: good background in golf, previous tournament experience, good understanding of large golf tournaments
- what they do on a daily basis: There is an insanely huge number of activities that you might be doing. ...
- the average pay: Depends on if you are working at a junior golf tour or the PGA tour or somewhere in between. ...
What are the different types of golf industry jobs?
Outside Golf Operations Associate
- Knowledge of the golf industry and/or game preferred.
- Clean all player golf clubs after the round of golf is completed.
- FLSA: FULL-TIME HOURLY, NON-EXEMPT*.
How big is the golf industry?
Golf is an $84 billion industry that is adapting to cultural and behavioral shifts, like many other aspects of society. Golfers play, watch, engage and consume the game in different ways than in years past. Their spending habits are changing too — not only what they’re buying, but how they’re buying and how often they’re buying.
How big of the golf industry in dollar terms?
Revenue from golf course and country clubs is projected to reach approximately 23.3 billion U.S. dollars in the United States by 2020. As of 2017, the number of golf participants in the U.S. stood at approximately 23.83 million. Around 8.8 million of these participants are said to be avid golfers.
What industry is the golf industry?
The term "golf industry" refers to all businesses, products, and services associated with the sport of golf. Golf courses, golf pros, golf equipment companies, and even golf clothing companies are all considered part of the golf industry, as their main clientele consists of golfers.
What is the state of the golf industry?
More than 24.8 million people played golf in the U.S. in 2020, up more than 2% year-over-year and the largest net increase in 17 years. Golf equipment and apparel has seen massive growth, with golf brands like Callaway and Titleist notching record sales.
What is the description of golf?
(Entry 1 of 2) : a game in which a player using special clubs attempts to sink a ball with as few strokes as possible into each of the 9 or 18 successive holes on a course. Golf. communications code word.
What do I need to know about the golf industry?
US Golf Industry StatisticsIn the US, around two million jobs are created by the golf industry, as statistics reveal. ... In 2020, 101 million Americans engaged in golf-related activities. ... Golf course industry statistics indicate that compared to 2019, there were 20 million fewer rounds played in March and April 2020…More items...•
How big is the golf industry?
Golf is a nearly $70 billion industry.
How is the golf industry doing?
Golf Industry Stats and Growth Projections in 2022 441 million rounds of golf were played in 2019. 24.3 million people played on-course golf in 2019. 41 percent of Americans supported their states allowing the reopening of golf courses during the COVID-19 pandemic.
What is golf known for?
Golf is a club-and-ball sport in which players use various clubs to hit balls into a series of holes on a course in as few strokes as possible.
Is golf considered a sport or a game?
Golf, although not requiring brutal strength, is a sport. Golf is a legitimate sport because it is highly competitive, requires mental capacity, and demands physical extortion and muscle use. A big part of any sport, especially golf, is being competitive. Golf is seen as just a game, but golfers are highly competitive.
What is the objective of golf?
The objective is to hole the ball in the fewest strokes. In the early 19th century there was no agreement on the number of holes on a golf course; localities differed widely in the matter.
Why is the golf industry growing?
The overall golf industry revenue has grown compared to 2019. Golf has surged in popularity in the latter half of 2020. This is because people were looking for socially distanced outdoor activities amidst the pandemic. A 13.9% increase in rounds played meant increased revenue from green fees as well.
Is the golf industry a good career?
There are 28,000 PGA professionals who work in the $84 billion golf industry. Some jobs are top of mind for most folks: teaching and coaching, golf operations and executive jobs like a club's general manager.
Can you make money in the golf industry?
Golf can be a great game to play for fun, but it can also be a way for people to make money. Making money as a golfer does not always mean you need to be a scratch golfer. If you are creative and know a good bit about the game and truly enjoy it, you can find ways to make money.
How much does the average golfer spend per year?
Golf reviewer, Jason Scott Deegan, estimates that a year of golf can cost $832–$3,454 for junior players and $1,849–$3,349 for adult golfers. Meanw...
Is the number of golfers increasing?
Yes, in the short term. In the long term, though, there’s an overall decline. According to the National Golf Foundation, there was a net increase o...
How much is the golf industry worth?
The National Golf Foundation estimated the industry’s worth to be $84 billion in 2019. In terms of golfing equipment, the report claims that the cl...
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 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.
How much is the golf industry worth in 2020?
According to IBISWorld’s report from 2020, the market was worth $25,362.5 million that year, and it is expected to keep growing.
What is the global golf apparel market?
The global market for golf apparel, footwear, and accessories is expected to experience a CAGR of 4% during 2020–2024, according to a market analysis by Technavio. The golf apparel industry statistics featured in the report predict an incremental growth of $2.82 billion.
How much is the golf course market worth in 2021?
Going by available revenue data, the country club and golf course market in the US is worth $25.8 billion as of February 11 this year. Moreover, projected golf industry statistics for 2021 show a growth expectation of 1.5% for the year.
How many golfers will be in England in 2020?
There were 883,500 total golfers in England in 2020. (Statista) In May 2020, there were 883,500 active adult golf players in England (“adult” applied to golfers aged 16 and over). In the report, “active” meant that they played at least twice in the last 28 days.
How many people play golf in 2020?
In 2020, the number of Americans who golfed on- and off-course was almost the same. So, 24.3 million people played on proper golf courses, of which 10.9 million played on-course only.
What rules dictated one rider per cart or no carts allowed on golf courses at all?
Social distancing rules dictated one rider per cart or no carts allowed on golf courses at all. So, demand rose for the kind of transport that would allow both comfort and the mandated distance.
Why is golf so popular in 2020?
Golf has surged in popularity in the latter half of 2020. This is because people were looking for socially distanced outdoor activities amidst the pandemic. A 13.9% increase in rounds played meant increased revenue from green fees as well.
Books & Periodicals
These are just a few of the more business-themed resources related to golf. Note that there may also be relevant information in the General Resources section of this guide.
Internet Resources
We have included some resources that are not business specific in an effort to provide sources that can help researchers understand the sport itself and its structure.
Search the Library's Catalog
If you are looking to search the catalog for more general titles see the Search the Library's Catalog page. Additional works on the golf business in the Library of Congress may be identified by searching the Online Catalog under appropriate Library of Congress subject headings.
Which country has the largest golf market?
India and China are two of the world’s largest emerging golf markets. The golf industry in Asia has taken off with rising income and more visitors. India and China, which already attract large numbers of tourists seen the need to serve increasing numbers of members in their countries.
How does technology affect golf?
The effects of technology on golf can be seen in the design of the golf clubs, the use of global positioning system devices for measuring the distance to the hole, and swing analysis which can correct errors in the swing.
How many hours of golf is on the PGA Tour in 2019?
In 2019, PGA Tour Golf covered about 900 hours of live PGA tour golf, and while the COVID-19 pandemic has put a damper on 2021 expectations, golfers can expect the overall trend of increased coverage of tournaments and an increased social media presence to continue in the coming years.
How many millennials are interested in golf?
Younger golfers like Rory Mcllroy are proving the stereotype that golf is a sport for the older segments of the population wrong. In 2019, over 14 million millennials indicated that they would be interested in playing a game of golf this year.
How many holes are there in golf?
Golfers can expect more 6 and 9 hole courses to complement the traditional golf courses. Golfing legend, Gary Player, said in an HSBC report that golfing community would have to come up with ways to play that do not take as long as a complete round for golf to grow.
Why are shorter golf courses so popular?
More people are being drawn to shorter courses and the opportunity to play fewer holes because of work and family requirements. This allows golfers to get onto the course quicker, and shorter courses are increasing in popularity. Golfers can expect more 6 and 9 hole courses to complement the traditional golf courses.
What percentage of golfers are women?
Another noteworthy demographic shift is the increasing interest in golf from women. In 2019, women were about a quarter of all golfers, and surveys found that their presence in the key beginners and juniors segments of golfers has grown as well.
How much is the golf industry worth?
Worldwide, the golf economy is estimated to come in around $176 billion. While overall revenues are down slightly, participation in golf tournaments has been on a steady increase. There are almost 2 million jobs created by the golf industry.
What is the career of a golf pro?
Short of touring pro, one of the most desired careers in the golf industry is to become a club or head professional at a quality golf club. A modern golf club or country club revolves around the leadership of the head professional. The tone and quality of service provided by the club professional will resonate through the entire operation. As a head professional, your responsibilities will depend on various factors such as the size of the club itself.
Why do golf clubs need marketing?
Like all businesses, golf clubs and courses always need talented sales and marketing professionals to bring in new members, attract sponsors and generate revenue. Golf manufacturers also employ a large number of salespeople and marketers throughout their organization.
What is golf retail?
Golf Retailer. Golf is largely driven by the marketing dollars of major equipment and apparel manufacturers. The front lines of their business is the retail floor of golf shops, pro shops and big box stores across the country. As a golf retailer, you will be called upon to merchandise golf equipment in the most appealing fashion possible, ...
What is the job of a golf director?
As a golf director , your responsibilities will be to oversee all of the golf operations at a golf club or country club. This scope of responsibility includes the operation of the staff, clubhouse, golf course maintenance, overseeing food service operations and other areas on the grounds.
What is the role of a golf coach?
Golf coaches at educational institutions are often tasked with responsibilities beyond their coaching duties such as teaching and publishing. However, at larger institutions and more successful golf teams, the bulk of the coaches’ time is spent recruiting, supervising, training and coaching the golf squad.
What are the responsibilities of a head professional golfer?
Duties include providing lessons to members, repairing clubs, performing club fitting sessions, organizing junior golfers, and maintaining the pro shop and retail operations.
How many rounds of golf were played in 2019?
These statistics suggest golf clubs began recovering much faster than most other entertainment venues. Previously, players had conducted a reported 441 million rounds of golf during 2019. The disruptions during the pandemic may actually have sparked wider public interest in this leisure activity.
Is golf closed in 2020?
Although the coronavirus pandemic sidelined numerous businesses (including many in the hospitality sector), golf courses emerged from the crisis in a much better condition than many analysts had predicted. COVID-19 outbreaks resulted in numerous temporary closures during March and April. An estimated 35% decrease occurred in golf-related travel during 2020. Yet, the golfing industry has already begun recovering from these disruptions.
