Latest News- Golf Equipment Market: Golf clubs is expected to lead the Product segment during 2025-2029

The Golf Equipment Market is being driven by Increasing focus on healthy lifestyles

The Golf Equipment Market is expected to grow at a CAGR of 3.1% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 1690.2 million. The emergence of FootGolf as a hybrid sport combining elements of soccer and golf is experiencing significant growth in the United States and various Western European nations. The Federation for International FootGolf (FIFG), the sport's international governing body, comprises 25 member countries, including the UK. In the US, the American FootGolf Federation (AFGL) oversees 70 accredited FootGolf courses spread across 35 states, with over 25 of these located in California. Notable courses include Monarch Bay Golf Club in San Leandro, Vista Valencia Golf Course in Valencia, and Lake Forest Golf and Practice Center in Orange County. The American market for FootGolf is expanding rapidly, with increasing participation and demand for specialized equipment. 

Get more information on Golf Equipment Market by requesting a sample report

Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Product
  • Golf clubs
  • Golf balls
  • Golf shoes
  • Golf bags
• Distribution Channel
  • Offline
  • Online
• End-user
  • Amateurs
  • Professionals
• Price Range
  • Low-End/Budget
  • High-End/Premium
• Geography
  • North America
    • Canada
    • US
  • APAC
    • China
    • India
    • Japan
  • Europe
    • Germany
    • UK
    • France
    • Italy
  • Middle East and Africa
    • Egypt
  • South America
    • Brazil
    • Argentina

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Increasing focus on healthy lifestyles
• Innovation and portfolio expansion leading to product premiumization
• Association initiatives and sponsor deals

However, the market also witnesses some limitations, which are as follows:

• Seasonality of sport
• Popularity of alternative sports
• Fluctuating prices of raw materials

Benefits of Buying Global Golf Equipment Market Research Report by Technavio

Rich Experience: 20+ years leading global market research, trusted insights across industries.

Unlock Business Potential with Technavio: Maximize ROI with Technavio's tailored market research: deep dives and actionable insights.

Your Guide to Market Success: Empower your business with Technavio's market research and future-proof your decisions.

Market Scope in Golf Equipment Market Research Report

Find out which segment is leading the market by accessing the free PDF report

Research Analysis Overview

The golf equipment market encompasses various technologies aimed at enhancing golfers' performance. These include golf swing tempo analysis, optimizing ball spin characteristics, adjusting launch angles, increasing club head inertia, utilizing impact sound technology, improving putt distance control, enhancing iron consistency, and optimizing wedge loft. Additionally, shaft torque properties, grip pressure measurement, swing plane deviation correction, club path adjustment, ball flight consistency, putting green slope assessment, club face alignment, shot shaping techniques, distance gapping strategies, iron trajectory control, driver launch conditions, putt line visualization, wedge approach shots, club fitting parameters, understanding ball flight dynamics, maximizing equipment performance, generating swing power, and transferring impact energy for improved shot accuracy.

Market Research Overview

The golf equipment market, a segment of the larger household durables market, experiences significant growth due to several key factors. Technavio's market analysis identifies increasing club head speeds and improved ball flight trajectories as major trends. Golf swing mechanics receive continuous attention, leading to advancements in instructional technologies and personalized coaching. Furthermore, putter face angles and driver loft angles are critical factors influencing market growth, as manufacturers innovate to optimize performance. The global household durables market size is projected to expand due to the increasing memberships in health and fitness clubs, creating a larger consumer base for golf equipment.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/