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.
How many people play golf in the US?
2.5 million — Number of golfers who played for the first time in 2016, up from 1.5 million in 2011. More potential good news? The number of “latent golfers,” non-golfers interested in playing golf, doubled from 6.4 million to 12.8 million. 23.8 million — Total number of golfers.
How many businesses work in the golf course industry in 2020?
In 2020, the number of businesses in the golf course and the country club industry in the United States stood at 9,677. You need a Single Account for unlimited access. Add this content to your personal favorites. These can be accessed from the favorites menu in the main navigation. Get notified via email when this statistic is updated.
How many beginners are in the golf industry?
The industry has had seven straight years with more than 2 million beginners. By comparison, there were 1.5 million beginners in 2011. The key for future growth, however, is retention. off-course only participants. The engagement within this demographic has remained steady for the past seven years.
How much money was spent on golf in 2016?
How much money was spent on Lakeshore Golf Course in 2011?
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How many golf shops are in the US?
Whereas the US golf market once had more than 1,600 Off Course Specialty stores, today only +/-750 remain.
What is the size of the US golf market?
How big is the golf club market? b. The golf club market size was estimated at USD 3,658.6 million in 2019 and is expected to reach USD 3,684.2 million in 2020.
How many golf resorts are in the US?
Golf courses and country clubs location quotients by state, December 2017StateLocation quotientEstablishmentsU.S. Total1.0011,088Florida2.66884Hawaii2.5057South Carolina2.1025649 more rows•Aug 27, 2018
How many golf companies are there?
Currently, there are close to 50 different golf club manufacturers in the golf market. The majority of these companies sell multiple different clubs but there are a few who specialize in putters or wedges.
Is golf a growing industry?
Is the golf industry growing? Recently, the golf industry has been growing after a long period of decline. The number of golf rounds played in 2021 was 18% higher than in 2017-2019. Additionally, in 2020, golf experienced its biggest net increase since 1997.
Where is golf most popular in the US?
MinnesotaHow does your state compare?RankStateSearch Popularity1Minnesota1002South Carolina993Michigan964Wisconsin9347 more rows•Dec 26, 2016
What is the number 1 golf course in the United States?
Nos. 1-25Pebble Beach Golf Links. Pebble Beach, Calif. ( ... Bandon Dunes Golf Resort (Pacific Dunes) Bandon, Ore. ( ... Pinehurst (No. Pinehurst, N.C. (c) ... Bandon Dunes Golf Resort (Old Macdonald) ... Whistling Straits (Straits) ... Bandon Dunes Golf Resort (Bandon Dunes) ... Shadow Creek. ... Bandon Dunes Golf Resort (Sheep Ranch)*More items...•
Who owns the most golf courses in the US?
ClubCorp is a privately held American corporation based in Dallas and is the largest owner and operator of private golf and country clubs in the country. It owns or operates more than 200 golf and country clubs and business, sports and alumni clubs worldwide.
What is the number one golf resort in the United States?
1. Kiawah Island Golf Resort – Kiawah Island, SC. Situated on the edge of the Atlantic Ocean and an hour south of Charleston, Kiawah Island Golf Resort is the ultimate golf destination.
Which golf company makes the most money?
the Callaway Golf CompanyWhile net sales of both the Callaway Golf Company and the Acushnet Company were extremely close one year earlier, at more than 3.1 billion U.S. dollars, Callaway was the clear front-runner in 2021.
What is the number 1 brand in golf?
1. Titleist. The makers of the Pro-V1—the most widely played golf ball on tour—Titleist also have more top-50 golfers on its books than any other manufacturer.
What company sells the most golf equipment?
Callaway Callaway Golf is the largest golf equipment manufacturing company in the United States, specializing in golf clubs, bags, balls, apparel, and gloves. Callaway has a well-established brand identity and is known for producing premium golf equipment.
How much is the golf industry worth?
Golf is a nearly $70 billion industry.
How much does the golf industry make a year?
The US golf industry statistics show that the country clubs & golf courses boasted quite the income. According to IBISWorld's report from 2020, the market was worth $25,362.5 million that year, and it is expected to keep growing.
How big is the golf apparel industry?
The global golf clothing market size was valued at $834.1 million in 2020, and is projected to reach $1,554.3 million by 2030, registering a CAGR of 6.0% from 2021 to 2030.
How many golfers are in the US?
25 million peopleThe numbers According to the National Golf Foundation, nearly 25 million people played golf on a golf course in the United States in 2020. That's around 8 percent of the total population of the U.S. which is a pretty large number all things considered.
Essential Golf Industry Statistics to Learn in 2022
Golfing has this perception of being an elitist sport only rich people can play. How much of that is true - check out this article on golf industry statistics.
Golf Industry - Statistics & Facts | Statista
Discover all relevant statistics on the golf industry like market size and revenue now on statista.com!
23 Golf Player Demographic Statistics That Might Surprise You
Since the 19th century, golf has been one of the most frequently enjoyed pastimes in America. If you're thinking the game is just for retirees, you're way off the mark. There are nearly 15,000 courses in the U.S. where you'll find players from ...
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 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 money was spent on golf in 2016?
25.7 billion — Dollars spent on golf-related tourism in the U.S. in 2016. 191.9 billion – Dollars supported by the industry in total activity for 2016.
How much money was spent on Lakeshore Golf Course in 2011?
On the life and death of Lakeshore Golf Course. 129,603 — Average dollars spent on capital investment, up from $98,873 in 2011. 1.89 million — Jobs supported by the golf industry, buoyed by more than one million from “golf facility operations.”.