The US Golf Participation Equipment Demand and Forecast
Region:North America
Product Code:AM129
January 2012
42
About the Report
;North America accounts for the largest market for golf equipment and accessories. The US is the preferred destination for all types of businesses and leading in terms of trade. Country accounted for the highest percentage of global golf participation rate and retail sales of golf supplies. Recent macro economy changes affected the participation rate and forced to lower down future prediction of the industry as well.
- ;
- ;By 2016, the US golf course revenues will grow at a CAGR 3.75% led by positive growth in golf facilities and operations. ;
- ;In 2009 consumer purchases of golf supply/equipment declined by 11.45% reaching USD ~ compared to USD billion in 2008. Golf equipment revenues in 2010 witnessed 1.64% to USD ~ billion. ;
- ;In 2009 the sale of golf clubs in sets was USD ~ billion, -20.12% decline as compared to 2008. During the same period, sales of individual clubs (not sold in sets) declined 9% to USD ~ million and sales of Golf bags were USD ~ million. ;
- ;Golf balls retail sales increased in 2010 and 2011 at a low growth rate. During 2009, it has been observed that off-course specialty retailers profit margin also declined, led to reduction in retail stores by 6.90% ;
- ;The US import of golf balls reached USD ~ million and trade surplus reached USD ~ million. ;
- ;In 2011, golf clubs accounted for 30.60% of the US golf equipment market and further expected to grow 4.38% in 2013. The future growth is expected to be driven by recovering country’s financial condition, rising employment rate and government approval of establishing new golf facilities. ;
- ;
- ;From 2013 onwards, investors can contribute in golf related real estate industry in order to benefit from the recovering demand. As of now, golf related construction industry is incurring losses but it is expected that by 2014 the industry will return to its growing trend ;
- ;Hotels and golf resorts are expected to earn profits with rise in number of golf tournaments in the country and increase in tourist’s arrival ;
- ;Low interest for golf apparel among aging golfers will continue while junior golfers will drive the demand ;
- ;Green fee is expected to rise in public golf courses ;
- ;Lack of enough water supplies will continue to be an area of concern ;
Scope of the Report
Products
Table of Contents
1. Golf Industry Performance Worldwide
1.1. Overview
1.2. Global Golf Equipment Demand and Economy
2. The US Golf Industry Overview
2.1. Industry Segmentation
3. Industry Performance
3.1. Golf Course Revenues
3.2. Golf Supplies/Equipment Market
3.3. The US Golf Supply/Equipment Industry Forecast
3.3.1. Cause and Effect Relationship
4. US Golf economy
4.1. Number of Golfers
4.2. Rounds Played
4.3. Golf Facilities in the US
4.3.1. Golf Course Closures
5. Golf Industry Trends and Developments in the US
6. The US Macro Economy Factors and Impact over Golf Industry
6.1. Population Growth and Golf Participants
6.2. The US Economy, Contribution of Golf Industry
6.3. Personal Disposable Income (Historical and Present Performance)
6.4. Inflation
7. US Golf Industry Driving Forces
8. Industry Competition
8.1. Types of Players
8.2. Company Profiles
8.2.1. GolfSmith
8.2.2. Dick's
8.2.3. Sports Authority
9. Appendix
9.1. Abbreviations
9.2. Definitions
9.3. Research Methodology
Data Collection Methods
Approach
9.4. Disclaimer
Research Methodology
Why Buy From Us?
What makes us stand out is that our consultants follows Robust, Refine and Result (RRR) methodology. i.e. Robust for clear definitions, approaches and sanity checking, Refine for differentiating respondents facts and opinions and Result for presenting data with story
We have set a benchmark in the industry by offering our clients with syndicated and customized market research reports featuring coverage of entire market as well as meticulous research and analyst insights.
While we don't replace traditional research, we flip the method upside down. Our dual approach of Top Bottom & Bottom Top ensures quality deliverable by not just verifying company fundamentals but also looking at the sector and macroeconomic factors.
With one step in the future, our research team constantly tries to show you the bigger picture. We help with some of the tough questions you may encounter along the way: How is the industry positioned? Best marketing channel? KPI's of competitors? By aligning every element, we help maximize success.
Our report gives you instant access to the answers and sources that other companies might choose to hide. We elaborate each steps of research methodology we have used and showcase you the sample size to earn your trust.
If you need any support, we are here! We pride ourselves on universe strength, data quality, and quick, friendly, and professional service.