Golf Club Market Report 2026

The golf club market size has grown steadily in recent years. It will grow from $7.97 billion in 2025 to $8.28 billion in 2026 at a compound annual growth rate (CAGR) of 3.9%. The growth in the historic period can be attributed to growth of global golf participation, expansion of professional and amateur golf tournaments, increasing disposable income among golfers, strong brand presence of premium manufacturers, availability of diverse club designs.

The golf club market size is expected to see steady growth in the next few years. It will grow to $9.96 billion in 2030 at a compound annual growth rate (CAGR) of 4.7%. The growth in the forecast period can be attributed to growing demand for personalized sports equipment, increasing use of data-driven club fitting, expansion of premium golf markets in emerging regions, rising online direct-to-consumer sales, growing interest in high-performance materials. Major trends in the forecast period include increasing demand for custom-fitted golf clubs, rising adoption of lightweight composite materials, growing popularity of premium golf equipment, expansion of online golf equipment retail, enhanced focus on performance optimization.

The rising number of golfers is expected to support the growth of the golf club market in the coming years. A golfer is an individual who plays the sport of golf. Golfers come from diverse age groups, genders, and backgrounds, which contributes to the sport’s broad appeal. The increase in the golfing population reflects the sport’s sustained popularity and expansion, which in turn leads to higher demand for golf clubs. For example, in December 2024, Golf Australia - the national governing body for the sport - reported that golf club membership increased by 5.6%, reaching 459,143 members in 2023-24. Therefore, the growing number of golfers is contributing to the expansion of the golf club market.

Companies in the golf club market are increasingly forming strategic partnerships to develop comprehensive long-term plans. Strategic partnerships involve businesses combining their strengths and resources to achieve shared goals and mutual benefits. For instance, in August 2023, Hazeltine National Golf Club in the United States announced a partnership with Love Golf Design, an American golf course architecture firm. This collaboration is part of a year-long effort that includes research, consultations, and evaluations of leading architects across the country. At Hazeltine, Love Golf Design has been tasked with assessing and redesigning the course and surrounding property, addressing elements such as greens, bunkers, pathways, playing distances, water systems, drainage, landscaping, and routing. The resulting master plan will also outline the infrastructure upgrades needed to deliver championship-level playing conditions on a daily basis.

In November 2025, Bain Capital LP, a U.S.-based private investment firm, acquired Concert Golf Partners for approximately $1.3 billion including debt. The purpose of the acquisition is to support Concert Golf Partners’ continued growth within the U.S. private golf and country club sector, increase operational scale, and provide long-term capital for enhancing facilities and improving member experiences. Concert Golf Partners LLC is a U.S.-based operator and owner of private golf and country clubs, specializing in investing in properties, improving operations, and delivering member-focused enhancements.

Major companies operating in the golf club market are Bridgestone Golf Inc., Sumitomo Rubber Industries Ltd., Callaway Golf Inc., Topgolf Callaway Brands Corp., Amer Sports Oy, Acushnet Holdings Corp., Mizuno Corporation, TaylorMade Golf Company Inc., Wilson Sporting Goods Co., Ping Inc., Cobra Golf Inc., Cleveland Golf Company Inc., Honma Golf Ltd., Krank Golf, Srixon Ltd., Miura Golf LP, U.S. Kids Golf LLC, Ben Hogan Golf Equipment Company, Tour Edge Golf Inc., Lynx Golf Limited, Parsons Xtreme Golf LLC, Evnroll, Bettinardi Golf, Sub 70 Golf Ltd., Vega Golf, Piretti Golf Inc., Fourteen Golf.

North America was the largest region in the golf club market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the golf club market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the golf club market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The golf club market consists of sales of shafts, grips, and clubheads. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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