Global Golf Equipment Trends in 2022
Golf Equipment is part of Sporting Goods. You may also be interested in Bicycle, Tennis Equipment and Fishing Equipment.
Global demand for golf equipment is predicted to reach $1.6 billion by 2026, growing by 0.7% annually, up from $1.5 billion in 2021. Since 2017, demand for golf equipment has increased by 3.4% year on year. In 2021, Japan was the top importer of sporting goods, at $379 million. The United States, Mexico and China followed in second, third and fourth place respectively. Moldova saw a 93.8% rise in demand, while Thailand saw a 57.4% drop over the same period. Global supply of golf equipment is expected to reach $1.2 billion by 2026, up 0.5% year on year CAGR since 2021. Since 2017, global supply has increased by 3.6%. China was the top exporter of sporting goods in 2021, at $640 million. The United States, Japan and Thailand placed second, third and fourth respectively. Tanzania saw an increase of 382.3%, while Greece saw a 63.3% drop in exports over the same period.
Top 10 countries
In 2022 major markets in the Golf Equipment Industry were:
Golf Equipment Market Data and Forecasts
How much the Golf Equipment industry is expected to grow to 2026?
More in Golf Equipment Industry for 2028Global Golf Equipment Statistics
- Sporting Goods Import 192 countries (Asia, Africa, Sub-Saharan Africa...)
- Sporting Goods Export 184 countries (Asia, Latin America, Europe...)
- Golf Equipment Import 188 countries (Europe, Southern Europe, Africa...)
- Golf Equipment Export 140 countries (Europe, Northern Europe, Eastern Europe...)
- Golf Equipment Sales 3 countries (North America, Canada, United States...)
- Sporting Goods Sales 61 countries (Europe, South Korea, East Asia...)