The Indian Golf Clubs Market observed fluctuating growth from 2012 to 2022, with values ranging between 9.9431 million USD in 2012 to 11.834 million USD in 2022. Initial years experienced a declining trend from 2013 to 2014, followed by varied growth rates, reflecting economic uncertainties and changing consumer preferences. Significant growth spurts were seen in 2015, 2017, and 2019, demonstrating resilience and recovery. As of 2023, the market size value is presumed to have continued along the trajectory seen in 2022 (11.834 million USD), reflecting potential stabilization and moderate growth.
Future trends to watch for:
- Increased focus on health and outdoor activities post-pandemic, driving interest in golf.
- Rising disposable income and urbanization contributing to market growth.
- Technological advancements in golf clubs enhancing user experience and performance.
- Emergence of young golfers and professional tournaments encouraging market expansion.
How does India rank in Golf Clubs Market Size Value?
| # | 19 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 3,365,800,000 | 2023 | +0.53% | +0.22% | View data |
| 2 | 2 United Kingdom | 585,260,000 | 2023 | -0.46% | -0.27% | View data |
| 3 | 3 Canada | 226,770,000 | 2023 | -7.37% | -1.44% | View data |
| 4 | 4 Australia | 143,780,000 | 2023 | -1.57% | -1.49% | View data |
| 5 | 5 France | 91,193,000 | 2023 | -2.04% | -0.21% | View data |
| 12 | 12 Denmark | 18,798,000 | 2023 | -3.19% | -1.92% | View data |
| 13 | 13 Finland | 14,085,000 | 2023 | -0.68% | -0.28% | View data |
| 14 | 14 India | 12,014,000 | 2023 | +1.52% | +3.43% | |
| 15 | 15 Singapore | 11,484,000 | 2023 | -12.99% | -10.46% | View data |
| 16 | 16 Czech Republic | 9,808,800 | 2023 | +1.26% | +1.79% | View data |
