Increase in High Demand for Golf Equipment Industry

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Golf Equipment Market
Opportunities and Forecasts, 2017 2023
Pages 158 Publish Date Feb 2018
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GOLF EQUIPMENT MARKET
Golf Equipment Market has witnessed growth owing
to increase in golf tourism. According to the
International Association of Golfing Tour
Operators (IAGTO), the global golf tourism market
was valued more than 12 billion in 2012, out of
which the U.S. is reported to be the largest
market in terms of golf as a sport. However, the
rising middle-class population and investments in
infrastructure in Asia-Pacific drive the golf
sector, thereby supplementing the global golf
equipment market. Biswa Sinha Sr. Research
Analyst, Consumer Goods at AMR.
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GOLF EQUIPMENT MARKET OVERVIEW

• The Global Golf Equipment Market size was valued
  at 8,156 million in 2016, and is expected to
  reach 9,666 million by 2023, registering a CAGR
  of 2.6 from 2017 to 2023, according to the
  latest report published by Allied Market
  Research.
• Golf is a sport activity popular among business
  individuals as it is used as a means to offer
  closure of business deals. Golf equipment
  consists of various items that are essential to
  play the sport of golf, and are also crucial in
  providing an enriched experience to the player.
  Golf equipment include golf balls, golf shoes,
  golf clubs, and other aids such as wedges and
  putters. The key factors that fuel the golf
  equipment market are increasing consumers
  disposable income, growth in professional and
  amateur female golfers, and trend of golf
  tourism, owing to setup of golf courses across
  the world.
• Read more at https//www.alliedmarketresearch.co
  m/golf-equipment-market

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GOLF EQUIPMENT MARKET KEY BENEFITS

• In terms of value, the golf clubs segment is
  expected to grow at a CAGR of 1.7 from 2017 to
  2023.
• North America is expected to dominate the golf
  equipment market in the future, registering CAGR
  of 1.7, in terms of value, while Asia-Pacific is
  projected to show consistent growth throughout
  2023, growing at a CAGR of 5.2, in terms of
  value.
• The specialty store segment accounted for more
  than 45 share of the total market in 2016.
• Japan, China, and are collectively accounted for
  more than half of the total Asia-Pacific golf
  equipment market in 2016.
• China is expected to grow at a CAGR of 10.8, in
  terms of value.

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GOLF EQUIPMENT MARKET
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GOLF EQUIPMENT MARKET BY DISTRIBUTION CHANNEL
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GOLF EQUIPMENT MARKET BY TYPE
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KEY PLAYERS IN INDUSTRY

• Acushnet Holdings Corp.
• Roger Cleveland Golf Company, Inc.
• Golfsmith International Holdings, Inc.
• Nike, Inc.
• Amer Sports Corporation
• Bridgestone Sports Ltd
• Sumitomo Rubber Industries Ltd.(Japan)
• Callaway Golf Company
• TaylorMade Golf Company
• PING.
• Download free Sample Report
• https//www.alliedmarketresearch.com/request-sampl
  e/4575

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GOLF EQUIPMENT MARKET SEGMENTS
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GOLF EQUIPMENT MARKET BY GEOGRAPHY

• North America, Europe, Asia-Pacific, LAMEA

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