The Best Golf Industry Trends 2019 2022

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Golf Industry Trends 2019. Demand in the golf industry is dependent upon personal income of consumer and population trends. The global golf equipment market size was valued at usd 6.51 billion in 2018 expanding at a cagr of 2.2% over the forecast period.

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The increase in rounds is the largest total year increase since golf datatech began. The global golf equipment market size was valued at usd 6.51 billion in 2018 expanding at a cagr of 2.2% over the forecast period. The leading golf equipment/apparel companies in the world.

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In 2016, according to a study commissioned by the. “and despite the worldwide pandemic, golf participation and sales are higher, with 2020 global sales of equipment and apparel up 3%, at $13.93 billion. The growing consumer spending capacity along with rising number of golf courses is supporting the industry expansion. The market is dominated by players like acushnet holdings corp., callaway golf company, nike inc., bridgestone corporation, and sumitomo rubber industries.