Golf Courses & Country Clubs in Canada
Over the five years to 2019, the subpar performance of the Golf Courses and Country Clubs industry in Canada has been the result of declining interest in golf among a range of demographics. Recent stagnant growth in consumer confidence and increased competition from other leisure activities have also placed significant pressure on the industry during the period. The industry generates its revenue not only through annual membership dues, but from various meals, alcoholic beverages, catering and other services charged to golfers during their time on the course. With the number of avid golfers declining, golfers are visiting courses less often and spending less money on the industry's additional products and services. Despite the diminishing popularity of golf, the industry is projected to experience slow but steady growth over the five years to 2024.
This industry operates golf courses as its primary activity and may also include country clubs that have private dining and recreational facilities. These establishments often provide food and beverage services, equipment rental services and golf instruction. Golf courses can be public, private, semiprivate or part of a country club. This industry excludes golf driving ranges, miniature golf facilities and golf courses located on resorts and hotels.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook