Over the past decade, Morocco's per capita market size for golf equipment excluding balls and clubs has shown gradual growth. From 2013 to 2023, the value rose from $0.011 to $0.017. Notably, the most significant increases occurred from 2016 onward, particularly between 2016 and 2017, which saw a 15.38% rise. In the last two years, individual per capita growth stabilized at approximately 6.25% per year. The five-year CAGR starting from 2018 reflects an average annual growth rate of 2.55%, indicating a consistent upward trend.
Looking ahead, future trends to watch include potential influences of increasing tourism, better accessibility to golfing facilities, and the role of government policies in promoting sports. Maintaining awareness of technological advancements in golf equipment and consumer preferences will be crucial for market analysis and forecasting.
