Posted By TMR Research Insights
Posted on August 30, 2021
Europe Golf Equipment and Apparel Market: Introduction
Transparency Market Research delivers key insights on the Europe golf equipment and apparel market. In terms of revenue, the Europe golf equipment and apparel market is estimated to expand at a CAGR of 2.9% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the Europe golf equipment and apparel market.
The Europe golf equipment and apparel market is broadly affected by several factors, such as the maintenance and construction of golf courses, golf as an international game for leisure and fun, low injury rate, and wide availability in various price ranges, which are propelling the Europe golf equipment and apparel market.
Europe Golf Equipment and Apparel Market: Dynamics
In terms of equipment type, the golf equipment and apparel market has been classified into equipment (golf clubs (woods, irons, putters, wedges, others(hybrids etc.)), golf balls, others (ball markers, tees etc.), and gear & accessories (golf shoes, gloves, golf bags (cart bags, stand bags, staff bags, carry bags, and others (travel bags etc.))), and others (club head covers, headwear etc.)), and apparel (topwear (polo shirts, tops, jackets, sweaters & hoodies, and others), bottomwear (trousers, shorts, skirts, ankle pants, and others), and others accessories (hats & visors, belts & socks etc.)). The demand for equipment is higher than apparel. Based on price category, the golf equipment and apparel market has been divided into low, medium, high/premium. Medium range is widely used and has the highest market share.
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In terms of consumer group, the market has been segmented into men, women, and children. Men play golf the most and require golf apparel extensively. Based on distribution channel, the golf equipment and apparel market has been divided into online (eCommerce websites and company websites) and offline (specialty stores and others). Offline stores sell more golf equipment and apparel than online stores.
Europe Golf Equipment and Apparel Market: Prominent Countries
In 2020, the total market size of Germany in terms of value was US$ 1,269.6 Mn. The U.K. has approximately 28% share of the market in Europe. Germany and Europe contribute the maximum having a share of 54% approximately. Germany is well-known for its golf equipment and apparel market. The number of players is large in Germany and golf is one of the most played sports in the country. In Europe, the growth of the golf shoes market is anticipated to drive the overall Europe market in the near future. There are more beginners in golf than ever before using apparel and equipment while playing golf as a sport and as a recreational activity.
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Europe Golf Equipment and Apparel Market: Key Players
Key players operating in the Europe golf equipment and apparel market are Golf House, all4golf, Amazon (Germany), ALBERTO, GolfSupport, Golfino DE, J.LINDEBERG, Online Golf, Planet Golf, The Tattoo Golf, Acushnet Holding Corp., Callaway Golf Company, Designer Golf Ltd, Dixon Golf, Inc., Forgan St Andrews, Golf Tech Maschinenvertriebs GmbH, Masters Golf, MIZUNO GOLF, Roger Cleveland Golf Company, Inc., and Taylormade Golf, Ltd.
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