Key Market Indicators
The US market for golf equipment is expected to decline modestly over the next few years. Imports are predicted to drop slightly from $355 million in 2021 to $320 million by 2026. This is a decrease of 1.7% per year on average. Since 1996, demand for golf equipment has dropped by 0.3% annually. Exports are also expected to decline, with a 2.5% year on year CAGR bringing them down from $115 million in 2021 to $99 million in 2026. Since 1996, supply of golf equipment has decreased by 1.5% each year.