Golf Courses & Country Clubs in the US - Industry Market Research Report

Golf Courses & Country Clubs in the US - Industry Market Research Report

Golf Courses & Country Clubs in the US

Over the five years to 2019, the Golf Courses and Country Clubs industry has expanded, although at a slower pace than the overall economy. Overall, the industry's biggest long-term challenge is broadening the sport's appeal to new players. Golf courses and clubs have particularly struggled to attract younger players, with many finding the clubs to be too conservative with respect to etiquette and the sport too difficult to learn. Nevertheless, industry operators benefited from expanding consumer confidence during the period, as well as a growing number of consumers earning more than $100,000. The industry is projected to continue recording moderate growth over the five years to 2024 due to rising corporate profit and per capita disposable income. These factors are expected to likely stimulate demand for industry establishments, as cash-rich consumers turn to golf courses and country clubs as a form of entertainment.

This industry is primarily engaged in operating golf courses and country clubs that have dining and recreational facilities. These businesses typically provide food and beverage services, equipment rental services and golf instruction. Golf courses can be public, private, semiprivate or an extension of a private country club. This industry excludes golf driving ranges, miniature golf courses and resorts and hotels that have on-site golf courses.

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.


MAJOR COMPANIES

ClubCorp Inc.

Century Golf Partners Management

Billy Casper Golf LLC

American Golf Corporation

Trump Golf Links at Ferry Point

Troon Golf LLC

CourseCo

Baltusrol Golf Club

TABLE OF CONTENTS

ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

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