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Global Golf Industry, Participation and Growth Forecast

72 Pages Ken Research January 01, 2012 SKU: AMPS6769044

The international golf industry is highly fragmented with largest contribution coming from the US, Japan and several European countries. India and China are emerging national markets for this sport. The golf industry is primarily impacted by the participation rate, especially from a group of core golfers. The golf industry currently has a large number of male participants, however an increasing number of women are entering into the market.

The US golf industry is one of the largest in the world and the US has many advanced golf facilities. Golf apparel and accessories segment started gaining popularity due to rising per capita disposable income in all parts of the country.

In Europe, a major portion of the golf industry is located in a small number of countries. The UK and Ireland are the top of the golf market. The European golf industry is benefiting from rising golf participation rate in the UK and revenues generated from golf tours. A major portion of the demand for golf equipment is coming from Western Europe, while Eastern Europe is also indicating rising interest in the sport. The industry in Asian region is expanding rapidly with growing income and rising golf-related tourism. It has been estimated that number of golfers is increasing rapidly in these countries.

This report provides a detailed analysis of the development of the golf industry worldwide with a focus on the European and US markets. The study includes participation trends, impact of national economic changes on the golf industry, forecasts for future participation expansion, and the demand for golf equipment. The report gives an analysis of industry trends and driving forces accounting for change in the industry.

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