Investment and Research Prospect of China Golf Industry, 2014-2018
Research and Investment Prospect of China Golf Industry, 2014-2018 mainly conducts an analysis on Golf Industry in the following aspects: market scale, golf market supply and demand, regional competition and business performance of major golf clubs; meanwhile it makes predictions on golf industry, so as to let related enterprises know this industry better and offer decision-making references for investors.
Currently Chinese golf product enterprises are primarily concentrated in Guangdong, Zhejiang, Jiangsu and Shanghai. In 2013 the output value of golf products in China generated CNY 6.4 billion, increased by 10.34% compared with CNY 5.8 billion in 2012.
In 2012 the number of core golf population in China continued growing. Chinese core golf population totaled 386 thousand in 2012, a year-on-year growth of 7.8%. While it can be calculated that the core golf population approximately accounts for 35% to 42% of total golf population in China, thus it is estimated that China has total golf population of about 920 thousand to 1.1 million.
As the increasing of Chinese resident incomes and the rising of people’s living standards in the next several years, the number of golf population will maintain the growth rate of about 12%, golf product industry’ production scale also will be further expanded.