Golf Equipment Market

Golf equipment market: get access to newly released datasets enhanced by an Ai-driven BI platform. Datasets provide exports, market prices, imports, companies, market size, production, consumption, and trade. Here is a split by country, including China, Africa, the Middle East, Latin America, EU, Russia, the U.S., and the U.K. Market trends and forecast to 2030 are also featured in the snapshots.


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Golf Equipment - World's Largest Markets

RatingCountry
1China
2Japan
3United States
4India
5Hong Kong SAR

In value terms, China, Japan and the United States constituted the countries with the highest levels of market value in 2020, together accounting for 41% of the global market. These countries were followed by India, Hong Kong SAR, South Korea, Taiwan (Chinese), Bangladesh, the UK, Canada, Germany, Pakistan and Indonesia, which together accounted for a further 40%.

South Korea saw the highest rates of growth with regard to market size, among the main consuming countries over the period under review, while golf equipment market for the other global leaders experienced more modest paces of growth.

Golf Equipment Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per unit
Indonesia7.27.37-1.6%
Netherlands1215133.0%
Thailand302914-31.9%
South Korea18202314.0%
United States665736-26.5%
United Kingdom3836425.2%
China545448-6.1%
Taiwan (Chinese)5925590.1%
Vietnam6165717.7%
Japan908985-3.2%
Hong Kong SAR8797943.6%
Mexico9399961.9%
Average494443-6.7%

Prices varied noticeably by the country of origin; the country with the highest price was Mexico ($96 per unit), while Indonesia ($7 per unit) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by South Korea, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per unit
Mexico86104955.3%
Hong Kong SAR7682834.5%
South Korea5556647.1%
China585553-4.5%
Australia3435362.5%
Japan433635-10.1%
United States424133-11.1%
Germany292727-4.3%
Netherlands19252410.5%
Canada333223-15.5%
United Kingdom182017-4.1%
Average414137-4.6%

Prices varied noticeably by the country of destination; the country with the highest price was Mexico ($95 per unit), while the UK ($17 per unit) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other global leaders experienced more modest paces of growth.

Golf Equipment - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
United States11.110.5%
Japan0.70.70.6-3.6%
South Korea0.40.40.515.8%
Hong Kong SAR0.60.60.5-12.5%
United Kingdom0.30.30.3-8.3%

In value terms, the largest golf equipment importing markets worldwide were the United States ($1B), Japan ($640M) and South Korea ($519M), with a combined 52% share of global imports.

South Korea recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Golf Equipment - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
China0.9112.4%
United States0.40.50.42.9%
Japan0.40.40.41.3%
United Kingdom0.30.30.3-4.9%
Mexico0.30.30.32.9%

In value terms, China ($963M) remains the largest golf equipment supplier worldwide, comprising 29% of global exports. The second position in the ranking was occupied by the United States ($411M), with a 13% share of global exports. It was followed by Japan, with a 11% share.

From 2018 to 2020, the average annual growth rate of value in China stood at +2.4%. In the other countries, the average annual rates were as follows: the United States (+2.9% per year) and Japan (+1.3% per year).

Golf Equipment - Market Forecast

Driven by rising demand for golf equipment worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Golf Equipment - Top Companies

MIZUNO CORPORATION, MIZUNO CORPORATION, The Intertech Group Inc, Acushnet Holdings Corp., Acushnet Company, The Coleman Company Inc, Playpower, Inc., H.F. Holdings, Inc., Callaway Golf Company, Icon Health & Fitness, Inc., Landscape Structures Inc., GLOBERIDE, INC., NIKE KOREA LLC, Hengshui Aimeisheng Fitness Devices and Materials Co.,Ltd., Shenzhen Xinchanghang Fishing Gear Co., Ltd., Amer Sports Company, Rbg Holdings Corp., JOHNSON HEALTH TECH CO., LTD., YONEX CO., LTD., AMF Bowling Worldwide, Inc.

Golf Equipment - Product Coverage

  • HS 950631 - Golf clubs; complete
  • HS 950632 - Golf balls
  • HS 950639 - Golf equipment; other than clubs and balls
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World - Golf Clubs and Other Golf Equipment - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the global golf equipment market.

South-Eastern Asia - Golf Clubs and Other Golf Equipment - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the golf equipment market in South-Eastern Asia.

Eastern Asia - Golf Clubs and Other Golf Equipment - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the golf equipment market in Eastern Asia.

Northern America - Golf Clubs and Other Golf Equipment - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the golf equipment market in Northern America.

Latin America and the Caribbean - Golf Clubs and Other Golf Equipment - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the golf equipment market in Latin America and the Caribbean.

Southern Asia - Golf Clubs and Other Golf Equipment - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the golf equipment market in Southern Asia.

Central Asia - Golf Clubs and Other Golf Equipment - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the golf equipment market in Central Asia.

Australia and Oceania - Golf Clubs and Other Golf Equipment - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the golf equipment market in Australia and Oceania.

World - Golf Clubs and Other Golf Equipment - Market Analysis, Forecast, Size, Trends and Insights
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Global Golf Equipment Market Report 2019. This report provides an in-depth analysis of the global golf equipment market.

Africa - Golf Clubs and Other Golf Equipment - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the golf equipment market in Africa.

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