Golf Equipment Market Size, Share, and Industry Analysis, By Product (Golf Clubs, Golf Apparel, Golf Bags, and Others), By Distribution Channel (Offline Stores and Online Stores/E-commerce), and Regional Forecast, 2026-2034

The global golf equipment market is growing significantly owing to the soaring popularity of golf as a leisure activity and the increasing number of golf courses across countries coupled with rising participation in golf. Golf equipment refers to essential gear used in playing golf, including golf clubs, golf balls, golf apparel, and golf bags.

The COVID-19 pandemic had a significant impact on the golf equipment market globally. Golf courses and golf resorts across countries were closed down due to lockdowns imposed by the government. Moreover, the pandemic led to the postponement or cancellation of all professional golf tournaments and events worldwide, declining product demand. Furthermore, the supply chain and production delays increased rapidly due to the factory shutdown, labor shortages, raw material availability, and international trade restrictions. 

Golf Equipment Market Driver

Rising Golf Participation and Growing Popularity of Golf Tourism to Fuel Market Growth

The rising golf participation among individuals owing to increasing health and fitness awareness coupled with the growing popularity of golf as a sport worldwide is driving market growth. Moreover, the increasing number of golf players and golf courses worldwide and the rising popularity of golf as a leisure activity fuel the market growth. According to the National Golf Foundation, in 2022, there were over 16,000 golf courses in 14,000 facilities in the U.S. Additionally, over 3.4 million individuals across the U.S. played for the first time on the golf course in 2022. The growing popularity of golf tourism across various countries, including the U.S., Spain, Ireland, and Scotland, coupled with the rising number of golf resorts offering unique golfing experiences, boosts product demand.

Golf Equipment Market Restraint

Rising Availability of Counterfeit Products and High Product Cost to Limit Market Growth

The rising availability of counterfeit products at low prices from local manufacturers across countries hampers the market growth. Moreover, counterfeit products made with substandard materials usually fail to meet performance and safety standards, negatively impacting the brand integrity of authentic companies. Furthermore, golf equipment, such as golf clubs, balls, and bags, can be expensive. The high initial investment can make it less accessible for casual players and can also discourage potential golfers from taking up the sport, limiting the market growth.

Golf Equipment Market Opportunity

Increasing Demand for Sustainable Golf Equipment to Offer Growth Opportunities

The demand for sustainable golf equipment is increasing rapidly owing to companies' growing focus on corporate social responsibility and rising eco-consciousness among individuals across countries. Additionally, environmentally conscious consumers usually prefer products made using eco-friendly and recycled materials. Moreover, various major market participants are launching sustainable products to attract environmentally conscious consumers. For instance, in November 2020, OCEANTEE, a U.K.-based golf brand, launched its new sustainable golf clothing range made using plastic-free fabric.

Key Insights

The report covers the following key insights:

• Overview of the Sports Equipment Market
• Supply Chain & Regulatory Analysis
• SWOT Analysis
• Porter's Five Forces Analysis
• Recent Industry Advancement

Segmentation

Analysis by Product

Based on product, the market is segmented into golf clubs, golf apparel, golf bags, and others. 

The golf club segment dominated the market owing to wide product availability and an increasing number of professional and amateur golf players worldwide. Moroever, golf clubs are an essential part of the golf game, and golf cannot be played without golf clubs, driving the segment’s growth. 

The golf apparel segment is expected to grow significantly throughout the forecast period owing to growing golf participation among individuals coupled with the growing popularity of athleisure apparel among active lifestyle consumers. Moreover, the majority of golf courses and professional events and tournaments usually have dress codes, thus expected to drive the segment’s growth over the coming years. Several prominent market players are launching new apparel to cater to increasing product demand. For instance, Sun Day Red, a golf apparel brand by Tiger Woods (a popular professional golfer) & TaylorMade Golf Co., has launched its new golf apparel collection, The Hunt. 

Analysis by Distribution Channel

Based on distribution channel, the global market is bifurcated into offline stores and online stores/e-commerce. 

The offline stores segment holds the largest share of the global market owing to golf players preferring to check and try products before purchasing, coupled with a strong offline retail presence across countries. Moroever, offline stores usually have professional experts offering personalized recommendations to individual preferences, driving the segment’s growth.

The online stores/e-commerce segment is anticipated to witness significant growth through the forecast period owing to the availability of diverse products from multiple brands 24/7 and an increasing number of golf & sports online stores. Several key market participants are focusing on launching their new websites to expand their reach across countries. For instance, in March 2023, Vessel Golf, a California, U.S.-based golf equipment company, launched its new website, vesselgolf.uk. According to the company, the new website will cater to the increasing demand from golfers across the U.K.

Regional Analysis

Based on region, the global market is classified into North America, Europe, Asia Pacific, South America, and the Middle East & Africa. 

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North America region led the market in 2023 owing to the increasing number of golf courses and the rising participation in golf across the U.S. & Canada. According to the National Golf Foundation, a U.S.-based non-profit organization, the number of on- and off-course playing golfers in the U.S. increased from 45.1 million in 2023 to 47.2 million in 2024.

Europe region is expected to grow significantly throughout the forecast period owing to the growing popularity of outdoor and leisure activities coupled with the high presence of golf-playing individuals across countries. According to the European Golf Association, a Switzerland-based non-profit organization, in 2023, there were over 4.6 million registered golfers and 22.1 million individuals with golf in some form across Europe.

Key Players Covered

• Acushnet Holdings Corp. (U.S.)
• PING (U.S.)
• Adidas (Germany)
• TaylorMade Golf Co. (U.S.)
• Topgolf Callaway Brands (U.S.)
• Mizuno (Japan)
• Dunlop Sports (U.K.)
• Wilson Sporting Goods (U.S.)
• Bridgestone Golf (U.S.) 
• Puma AG (Germany) 

Key Industry Developments 

• In January 2025, Adidas AG, a Germany-based athletic apparel & footwear company, launched its new golf shoes, Adizero ZG. According to the company, the new shoes feature a DYNAMIC TORSION plate, undercut lugs, INSITE 2.0 sock liner, and LIGHTSTRIKE & LIGHTSTRIKE PRO cushioning.
• In August 2024, Topgolf Callaway Brands Corp., a U.S.-based golf equipment company, launched its new golf club, The Sure Thing. According to the company, the new golf club features a larger club face, 20o Loft, and its proprietary chicken wing technology.