North American Market Forecast
Golf equipment market in North America region is projected to hold largest revenue share of about 34% in the upcoming years. The growing popularity of athletics throughout the region is driving this market. Golf equipment sales in the area are increasing due to a strict supply chain. Eighty percent of the sales are made up of department and discount stores and sporting goods retailers together.
One of the main drivers of market is the increased usage and availability of internet as well. Approximately 97.1 percent of Americans had internet connection as of 2024, up from approximately 75 percent in 2012.
APAC Market Statistics
Golf equipment market in Asia Pacific region is predicted to hold second largest revenue share of about 27% in the foreseen period. The main factor driving the growth is rising consumer spending. Asia Pacific has a robust development opportunity for the market due to the increasing number of golfers and rising middle-class disposable income.
Growing numbers of golf tournaments and players are the main factors driving the growth in golf equipment sales. The time players spend honing their swings with the necessary equipment—clubs, gloves, and other gear—is a major contributing factor to the large number of professional players in the region.
Author Credits: Parul Atri
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