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Golf Industry Market Analysis. Some of the most important benchmarking standards for public and semi-private courses relate to rounds of golf revenues per round and labour and other expense ratios. The global golf club market size was valued at USD 366 billion in 2019 and is expected to grow at a compound annual growth rate CAGR of 25 from 2020 to 2027.
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Furthermore a rising number of golf courses and membership-only country clubs is also providing a boost to the market growth. By volume the market was estimated at XX Million Units in 2019 and is expected to reach XX Million Units by 2026 with a CAGR of XX. Over the next five years the Golf Tourism market will register.
Pandemic Impact Analysis 2020.
NICOL DU TOIT found that under closer scrutiny the picture is not quite that rosy. In 2020 worldwide revenue of Callaway Golf amounted to almost 16 billion US. The global golf equipment market size was valued at 8156 million in 2016 and is expected to reach 9666 million by 2023 registering a CAGR of 22 from 2017 to 2023. Engagement with the sport also extends to what golf-related products consumers are buying in addition to how much theyre playing and how theyre watching listening to or reading about the game.
