The year-on-year variation percentage for 2022 was -7.85% as compared to 2021. The Compound Annual Growth Rate (CAGR) from 2017 to 2022 was -4.85%. Over the period from 2012 to 2022, the golf clubs market size value per capita in Singapore has experienced a consistent downward trend.
Future trends to watch for include the potential impact of changing leisure preferences, economic conditions, and the introduction of innovative products in the golf equipment market. Monitoring these factors can help in projecting the ongoing trends and emerging opportunities in the golf clubs market in Singapore.
