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Global Golf Tourism Market 2017-2021

About Golf Tourism

Golf tourism is seeing growing popularity, particularly as a form of recreational sporting rather than a competitive one. Tour package vendors are coming up with offers such as individual low-price or even zero-price overnight stays to attract customers.

Technavio’s analysts forecast the global golf tourism market to grow at a CAGR of 14.24% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global golf tourism market for 2017-2021. To calculate the market size, the report considers the revenue generated from the retail sales of golf tourism packages to individual consumers.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Golf Tourism Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Golfasian
  • Golfbreaks
  • PerryGolf
  • SGH Golf
  • Your Golf Travel
Other prominent vendors
  • Asian Tour
  • Carr Golf
  • Direct Golf Holidays
  • Haversham & Baker
  • Premier Golf
Market driver
  • Growing number of golf courses worldwide
  • For a full, detailed list, view our report
Market challenge
  • Elite nature of game
  • For a full, detailed list, view our report
Market trend
  • Advances in golf technology
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Golf Tourism Market 2017-2021

Technavio recognizes the following companies as the key players in the global golf tourism market: Golfasian, Golfbreaks, PerryGolf, SGH Golf, and Your Golf Travel.

Other Prominent Vendors in the market are: Asian Tour, Carr Golf, Direct Golf Holidays, Haversham & Baker, and Premier Golf.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is advances in golf technology. Manufacturers in the golf industry are making continuous efforts to develop technologically advanced equipment to attract enthusiasts. Vendors are developing modern, customized golf equipment to motivate consumers to replace their equipment with upgraded versions. Players prefer using equipment with the latest technologies, which helps them understand their movements while striking the ball and monitor the interaction between the golf club and the ball.”

According to the report, one of the major drivers for this market is growing number of golf courses worldwide. Though golf courses remain highly concentrated in the top 20 golfing nations, their number is increasing across the globe. In January 2015, a total of 34,011 golf facilities were identified worldwide. Most (nearly 70%) of these facilities were located in the top 10 golfing countries, including Canada, England, Japan, and the US. A number of these facilities are in private clubs, golf resorts, and golf-centric real estate, and are thus largely accessible. Seventy percent of the 34,011 golf facilities across the globe are open to the public.

Further, the report states that one of the major factors hindering the growth of this market is elite nature of game. Golf tourism packages offered by global vendors are usually expensive, particularly those involving international travel, and this might restrict the growth of the market over the next five years. Most consumers in the developing as well as developed regions are reluctant to buy these products and packages, owing to their high costs, which in turn affects the overall revenue of the global golf tourism market.

Companies Mentioned

Golfasian, Golfbreaks, PerryGolf, SGH Golf, Your Golf Travel, Asian Tour, Carr Golf, Direct Golf Holidays, Haversham & Baker, Premier Golf.

  • Executive summary
  • Scope of the report
    • Market overview
      • Table Global golf tourism market by tour type
      • Table List of key countries by region
    • Top-vendor offerings
      • Table Service offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
    • Tourism industry
      • Table World's top tourist destinations 2015
    • Global tourism market
      • Table Contribution of tourism to global economy
    • Golf industry: Ecosystem
      • Table Ecosystem of golf industry
    • Golf industry worldwide
  • Market landscape
    • Market size and forecast
      • Table Global golf tourism market 2016-2021 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by distribution channel
    • Global golf tourism market by booking channel
      • Table Direct and indirect booking channels
    • Global golf tourism by tour type
      • Table Global golf tourism by tour type 2016 and 2021
      • Table Global golf tourism market by tour type: Revenue comparison 2016-2021
    • Global domestic golf tourism market
      • Table Global domestic golf tourism market 2016-2021 ($ billions)
    • Global international golf tourism market
      • Table Global international golf tourism market 2016-2021 ($ billions)
  • Geographical segmentation
    • Market segmentation by geography
      • Table Geographical segmentation of global golf tourism market 2016 and 2021
    • Golf tourism market in the Americas
      • Table Golf in the Americas: Key statistics
      • Table Golf tourism market in the Americas 2016-2021 ($ billions)
    • Golf tourism market in EMEA
      • Table Golf in Europe: Key statistics
      • Table Golf tourism market in EMEA 2016-2021 ($ billions)
    • Golf tourism market in APAC
      • Table Golf tourism market in APAC 2016-2021 ($ billions)
  • Market drivers
    • Growing number of golf courses worldwide
      • Table Worldwide development in number of golf courses 2015
    • Association initiatives and sponsorship deals
    • Launch of low-cost airlines
    • Growing popularity of professional golf tournaments
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Concentration of market in developed countries
    • Elite nature of game
    • Seasonality of golf
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Advances in golf technology
    • Integrated mobile solutions
    • Growing popularity of footgolf
  • Vendor landscape
    • Competitive scenario
    • Golfasian
    • Golfbreaks.com
    • PerryGolf
    • SGH Golf
    • Your Golf Travel
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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