The Europe Golf Bags Market is projected to witness market growth of 8.9% CAGR during the forecast period (2024-2031). In the year 2021, the Europe market's volume surged to 967.5 thousand units, showcasing a growth of 26.2% (2020-2024).
Cart bags in the Golf Bags Market are designed for golfers who primarily use golf carts. These bags are characterized by their sturdy construction and ample storage space, often featuring 14-way top dividers to keep clubs organized and protected. Therefore, the Germany market is expected to utilize 146.36 thousand units of cart bags by 2031.
The Germany market dominated the Europe Golf Bags Market by Country in 2023, and is forecast to continue being a dominant market till 2031; thereby, achieving a market value of $126.9 million by 2031. The UK market is exhibiting a CAGR of 7.9% during (2024 - 2031). Additionally, The France market is projected to experience a CAGR of 9.9% during (2024 - 2031).
The health benefits associated with playing golf have also contributed to its increasing popularity. Golf is recognized for providing a range of physical and mental health benefits. It promotes cardiovascular health, improves muscle tone and endurance, and offers a way to manage stress through outdoor activity.
Moreover, the leisurely pace of golf, combined with the physical exercise of walking the course and swinging the clubs, makes it an attractive option for those looking to stay active without engaging in strenuous activities. Health-conscious individuals are thus more inclined to take up golf, further boosting the demand for golf-related products, including bags designed for comfort and functionality.
Europe boasts a rich golfing heritage with renowned courses and tournaments. This tradition fuels continued interest in the sport and a steady demand for equipment like golf bags. The UK has some of the most iconic golf courses, including St. Andrews, Royal Birkdale, and Royal St. George’s. According to VisitScotland, golf tourism in Scotland alone generates over £286 million annually, highlighting the substantial economic impact of the sport. The allure of playing on historic courses that host major championships like The Open attracts thousands of international golfers each year.
Cart bags in the Golf Bags Market are designed for golfers who primarily use golf carts. These bags are characterized by their sturdy construction and ample storage space, often featuring 14-way top dividers to keep clubs organized and protected. Therefore, the Germany market is expected to utilize 146.36 thousand units of cart bags by 2031.
The Germany market dominated the Europe Golf Bags Market by Country in 2023, and is forecast to continue being a dominant market till 2031; thereby, achieving a market value of $126.9 million by 2031. The UK market is exhibiting a CAGR of 7.9% during (2024 - 2031). Additionally, The France market is projected to experience a CAGR of 9.9% during (2024 - 2031).
The health benefits associated with playing golf have also contributed to its increasing popularity. Golf is recognized for providing a range of physical and mental health benefits. It promotes cardiovascular health, improves muscle tone and endurance, and offers a way to manage stress through outdoor activity.
Moreover, the leisurely pace of golf, combined with the physical exercise of walking the course and swinging the clubs, makes it an attractive option for those looking to stay active without engaging in strenuous activities. Health-conscious individuals are thus more inclined to take up golf, further boosting the demand for golf-related products, including bags designed for comfort and functionality.
Europe boasts a rich golfing heritage with renowned courses and tournaments. This tradition fuels continued interest in the sport and a steady demand for equipment like golf bags. The UK has some of the most iconic golf courses, including St. Andrews, Royal Birkdale, and Royal St. George’s. According to VisitScotland, golf tourism in Scotland alone generates over £286 million annually, highlighting the substantial economic impact of the sport. The allure of playing on historic courses that host major championships like The Open attracts thousands of international golfers each year.
List of Key Companies Profiled
- Acushnet Holdings Corp. (Magnus Holdings Co., Ltd)
- Topgolf Callaway Brands Corp.
- Taylor Made Golf Company, Inc. (CENTROID Investment Partners)
- PING, Inc.
- Mizuno Corporation
- Amer Sports
- Sun Mountain Sports, Inc. (SOLACE CAPITAL PARTNERS, LLC)
- Nike, Inc.
- Motocaddy
Market Report Segmentation
By Type(Volume, Thousand Units, USD Billion, 2020-2031)- Soft
- Hard
- Stand Bag
- Cart Bag
- Tour Bag
- Travel Bag
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Europe Golf Bags Market by Type
Chapter 5. Europe Golf Bags Market by Product
Chapter 6. Europe Golf Bags Market by Country
Chapter 7. Company Profiles
Companies Mentioned
- Acushnet Holdings Corp. (Magnus Holdings Co., Ltd)
- Topgolf Callaway Brands Corp.
- Taylor Made Golf Company, Inc. (CENTROID Investment Partners)
- PING, Inc.
- Mizuno Corporation
- Amer Sports
- Sun Mountain Sports, Inc. (SOLACE CAPITAL PARTNERS, LLC)
- Nike, Inc.
- Motocaddy
Methodology
LOADING...
