The market for golf equipment, excluding balls and clubs, in Australia has shown steady growth from 2013 to 2023 with an increase from $3.39 to $4.02 per capita. In 2023, the expenditure on this category stood at $4.02 per capita. The past two years saw incremental changes with a 0.75% rise from 2022 to 2023 and a 0.75% increase between 2021 and 2022. The compound annual growth rate over the last five years was 0.60% per year.

Key future trends to watch for include:

Increasing interest in golf as a leisure activity, potentially driving demand.
Technological advancements in golf equipment enhancing performance.
Greater emphasis on eco-friendly and sustainable products influencing consumer choices.
Potential economic factors affecting disposable income and spending patterns on leisure goods.