Golf Courses in the UK - Industry Market Research Report

In the Rough: Inflationary Pressures Are Likely to Weigh on Revenue In 2022-23, With Casual Golfers Cutting Discretionary Spending

The UK has more than 2,500 golf courses, accounting for around 8% of the world's supply of golf courses. Despite remaining one of the UK's most popular most sports, golf has endured a sustained decline in popularity in recent years, which has led to the permanent closure of several golf courses. The high cost of golf club memberships and the time taken to complete a round of golf have discouraged younger demographics, leading to a consistent rise in the age profile of golfers. This has effected the financial performance of golf courses, which have sought innovative ways of reversing the trend. This industry is engaged in operating golf courses and country clubs that have dining and recreational facilities. These establishments typically provide food and beverage services, equipment rental services and golf instruction. Golf courses can be public, private, semi-private or an extension of a private country club. This industry excludes independent driving ranges and miniature golf courses. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.