Golf Gloves Market Size, Share & Industry Analysis, By Material Type (Leather, Fabric, Hybrid), By Application (Individual, Promotional, Institutional), By Distribution Channel (Specialty Stores, Brand Stores, Online Stores), By End-User (Men, Women, Kids) And Regional Forecast, 2024-2032

People commonly use gloves to give a firm grip on the handle of a golf club. Nowadays, consumers mainly buy durable and high-quality gloves, shoes, apparel, and other goods to get an athletic feeling while using such goods. Additionally, consumer trends shift towards buying larger-sized and contrast-colored gloves as they can better maintain their hands’ skin soft and breathable while playing golf.

Nowadays, companies expand their partnerships with independent sport equipment outlets and online retailers to expand their supply chain across newer markets. Additionally, they focus on building their sports goods’ manufacturing capacity to market & distribute a large volume of golf equipment through such outlets. For instance, in March 2021, World Gloves International Group, a Malaysian glove manufacturer, invested USD 23.16 million to develop a newer manufacturing plant in Kuantan, Malaysia.

Rising golf sports participation rate is expected to ease the demand for golf gloves among the golfers, thereby driving the worldwide market growth. According to the data published by the National Collegiate athletic association, in 2018-19, 499,217 athlete students participated in the ‘Champion Sports’ tournament held at Indianapolis, U.S., compared to that of 494,992 in 2017-18. Additionally, rising commercial settings related to golf courts and playgrounds worldwide are further likely to support the consumption rate of such products among golfers.

Besides this, increasing consumer exposure of the golf sports & tournament-related content through popular television channels such as Esports, Topgolf, and others is likely to spread awareness regarding sports equipment among golfers, supporting the market growth. Increasing consumer leisure towards sports and recreational activities is expected to skyrocket the product revenues worldwide. For instance, in July 2020, PlayMoreGolf, U.K.’s popular golf membership provider, reported a 260% spike in the number of golf members in the U.K.

However, the higher cost of golf goods and golf membership fees is anticipated to limit the product demand among middle-income and a lower-income group of population. Additionally, shutting down of the commercial settings such as golf clubs, courts, and playgrounds due to COVID-19 lockdown restrictions across the globe is severely posing challenges to the growth of the overall sports equipment industry.

Key Market Driver -

Rising golf sports participation rate is expected to drive the market growth.

Key Market Restraint -

Higher cost of golf goods is expected to restrain the market growth.

Key Players Covered:

The prominent companies associated with the global golf gloves market are HJ GLOVE, Kasco Corporation, Maxido Golf, ACUSHNET HOLDINGS CORP., Global Golf Gloves (Pty) Ltd., 3M, Fit39 Glove, Hillerich & Bradsby Co., FRANKLIN SPORTS INC., COBRA Golf Inc., GOLF GODS, Vice Sporting Goods GmbH, and many others.

The global golf gloves market is segmented based on material type, application, distribution channel, end-user, and geography.

Based on the material type, the global golf gloves market is segmented into leather, fabric, and hybrid. The leather segment is expected to dominate the market due to the higher durability and athletic appearance of such gloves over other material types. Moreover, rising middle-income groups of populations’ preference towards luxurious and premium quality apparel and other sporting goods accelerate future segmental revenues.

By application, the market is segmented into individual, promotional, and institutional. The individual segment holds a significant share of the worldwide market owing to the large consumption of golfing equipment among individuals for their regular golfing needs. Additionally, increasing individual consumers’ interest in golf sports is further accelerating segmental growth.

The global golf gloves market is segmented into specialty stores, brand stores, online stores, and others by distribution channels. The specialty stores segment is expected to lead the global market as users can buy clubs, balls, apparel, and other golfing equipment at a single place from these stores. Additionally, the wide availability of the high-quality golfing equipment of multiple brands in specialty stores further fuels the segmental growth.

By end-user, the golf gloves market is segmented into men, women, and kids. The men segment is likely to hold a major market share owing to the prominent men population’s participation rate for golf sports activities worldwide. According to the data estimated by the European Golf Association, in 2019, male populations’ participation in golf sports activities accounted for around 84% of the total golf players in Ireland and the U.K. Additionally, evolving outdoor leisure trends among the men population are further fuelling the segmental growth.

Regional Analysis:

The global golf gloves market is segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa by geography.

The largest share of the North American golf gloves market is attributed to the presence of a large number of golfing courts in the U.S. and Canada. This mainly generates more enormous product demand from these countries. According to the data published by the National Golf Foundation, as of 2018, there are 16,752 golf clubs in the U.S. Additionally, growing leisure and outdoor sports trends among the region’s population are further fuelling the region’s market growth.

Asia Pacific market is primarily driven by the increasing women populations’ participation rate for the golf sports activities in the region. According to the survey conducted by Congressional Golf Association, in 2019, there are 5.66 million non-golfers, prospective women population in South Korea who are interested in playing golf in the next two years.

Additionally, increasing consumer demand for golf equipment for their regular golfing needs in the countries such as Japan, South Korea, and Australia is further likely to fuel the product revenues from the region. For instance, From April 2018 to March 2019, Golf Digest Online Inc., a Japanese golf equipment e-commerce business, reported a 9.7% jump in its golf equipment sales and reached USD 53.63 million over the previous financial year ending 31^st March 2018.

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Segmentation

Key Industry Developments:

• In February 2021, Sir, Nick Faldo, an American professional golfer announced a brand-new collaboration with Hurricane Junior Golf Tour to provide an opportunity for the junior golfers to play on the finest golf courses. This will ease in the demand of golf gloves among such golfers.


• In September 2020, Perry Ellis International, an American clothing and fashion company extended its partnership with The PGA Tour, U.S. based non-profit organisation. This enables company to market and distribute its sun-protective golf accessories such as gloves, long sleeve crews, gaiters and other products in the U.S.