Key Market Indicators
Exports of golf equipment from Luxembourg are expected to reach almost $450 million by 2026, up from $347 million in 2021. This marks an average annual growth rate of 4.2% since 2004. In 2021, Luxembourg placed 24th in the global export rankings, behind Poland at $347 million. The United States, Japan and Thailand came in second, third and fourth, respectively. Imports of golf equipment to Luxembourg are forecast to decrease slightly to $365 million by 2026, compared to $368 million in 2021. This reflects an average annual decline of 2.6% since 2004. In 2021, Luxembourg placed 37th in the global import rankings, behind Belgium at $368 million. The United States, Mexico and China took second, third and fourth places, respectively.
Luxembourg Golf Equipment Market Data and Forecasts
How much will Luxembourg Golf Equipment Market grow to 2026?
More in Golf Equipment Industry for 2027Improve your Knowledge with the latest Indicators and Trends
-
Golf Equipment: Unveiling Dynamic Trends Impacting Market Growth and Opportunities
The golf equipment market is experiencing growth, driven by increasing participation rates, particularly among millennials, and a rising number of golf courses worldwide. The renewed interest in outdoor activities is a factor too. Furthermore, advancements in technology have led to innovations in golf equipment like smart clubs and balls, enabling...
Read more -
Swimming Pool Equipment: Insights into Global Trends, Market Share, and Growth Forecasts
The said segment displays a set of distinct patterns. Driven by an increase in residential construction and a growing emphasis on outdoor aesthetics, the demand for swimming pool equipment is on the rise. Particularly in regions experiencing warm climates, the nod towards home improvement and tourism growth are significant influences....
Read more -
Outdoor Sports Equipment: Diverse Trends and Challenges in the Global Retail Market
As the latest data suggests, the consumer market for gear related to outdoor sports exhibits a mixed growth paradigm. Influenced by factors such as advances in equipment technology and evolving consumer preferences, segments like camping equipment are on an upward trajectory. However, adverse environmental conditions and seasonal variances often impede...
Read more -
Golf Cart Market: Comprehensive Analysis on Trends, Growth, and Future Opportunities
Several factors are influencing the expansion of the golf cart market. Notably, the increased adoption of golf carts beyond the traditional golf course - in tourism, hospitality, and transportation - is driving growth. Moreover, technological advancements in cart design, like GPS and solar power, are fostering increased acceptance. There's also...
Read more -
Billiards and Snooker Equipment: Unveiling Growth Trends and Industry Forecasts
The industry for equipment related to games of billiards and snooker is undergoing noteworthy shifts. A rekindled interest in these sports, spurred by increasing exposure through various media outlets and channels, has resulted in a greater demand for related equipment. In addition, advancements in technology have introduced products that offer...
Read more