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Golf Putter Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2025-2034

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    Report

  • 303 Pages
  • March 2025
  • Region: Global
  • Global Market Insights
  • ID: 6065764
UP TO OFF until Jun 30th 2025
The Golf Putter Market was valued at USD 3.5 Billion in 2024, and is projected to reach USD 5.1 Billion by 2034, rising at a CAGR of 3.90%.

The rising number of golfers worldwide and the growing popularity of golf-related sports activities are driving the demand for golf putters. As more individuals take up the sport for leisure, fitness, or professional aspirations, the need for high-quality and performance-enhancing equipment continues to grow. Golf equipment manufacturers are responding to this demand by introducing innovative designs, advanced materials, and enhanced customization options to cater to the preferences of both amateur and professional golfers.

The rise of golf tourism, increased participation in international tournaments, and the inclusion of golf in global sporting events have further fueled market growth. E-commerce platforms have played a significant role in making high-quality putters more accessible to a wider audience, contributing to the expansion of the market. Moreover, technological advancements, such as precision milling, enhanced clubface designs, and improved weight distribution, are making putters more appealing to golfers seeking accuracy and consistency in their performance. Customization features that allow golfers to personalize their putters based on stroke mechanics, grip preferences, and alignment techniques are also boosting demand, ensuring that manufacturers stay ahead in this competitive market.

The golf putter market is segmented by product type, with face-balanced and toe-balanced putters dominating the landscape. In 2024, the face-balanced putter segment generated USD 2 billion, driven by increasing demand from golfers who prefer a stable and straight-back, straight-through putting stroke. Face-balanced putters offer enhanced stability and improved accuracy, making them a popular choice among players with a low arc in their strokes. As golfers continue to prioritize tools that enhance their putting experience and minimize inconsistencies, the face-balanced segment is poised to maintain steady growth throughout the forecast period.

The blade putter segment accounted for 60% of the market share in 2024, with its growth expected to persist through 2034. Blade putters, known for their lightweight design and superior feedback, provide golfers with a minimalist feel and enhanced control over distance and impact. Many golfers appreciate the precision offered by blade putters, making them a preferred option for players who value performance and consistency. Their ability to align easily with the target enhances user experience, further contributing to the segment’s growth.

The U.S. golf putter market is growing at a rate of 4% annually, driven by strong demand from American consumers. U.S.-based manufacturers continue to lead the global market by focusing on innovation, precision milling, and the use of advanced materials to meet the evolving needs of golfers. These companies emphasize customizable features that cater to different playing styles, ensuring that both amateur and professional golfers have access to high-quality, performance-enhancing equipment. This commitment to quality and innovation strengthens the U.S. market’s position and contributes to the overall growth of the global golf putter industry.

Comprehensive Market Analysis and Forecast

  • Industry trends, key growth drivers, challenges, future opportunities, and regulatory landscape
  • Competitive landscape with Porter’s Five Forces and PESTEL analysis
  • Market size, segmentation, and regional forecasts
  • In-depth company profiles, business strategies, financial insights, and SWOT analysis

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Table of Contents

Chapter 1 Methodology & Scope
1.1 Market scope & definition
1.2 Base estimates & calculations
1.3 Forecast parameters
1.4 Data sources
1.4.1 Primary
1.5 Secondary
1.5.1.1 Paid sources
1.5.1.2 Public sources
Chapter 2 Executive Summary
2.1 Industry synopsis, 2021-2034
Chapter 3 Industry Insights
3.1 Industry ecosystem analysis
3.1.1 Factor affecting the value chain
3.1.2 Profit margin analysis
3.1.3 Disruptions
3.1.4 Future outlook
3.1.5 Manufacturers
3.1.6 Distributors
3.1.7 Retailers
3.2 Impact forces
3.2.1 Growth drivers
3.2.1.1 Popular brands
3.2.1.2 Technology and design innovations
3.2.1.3 Customization and personalization
3.2.2 Industry pitfalls & challenges
3.2.2.1 Economic factors
3.2.2.2 Competitive landscape
3.3 Consumer buying behavior analysis
3.3.1 Demographic trends
3.3.2 Factors affecting buying decision
3.3.3 Consumer product adoption
3.3.4 Preferred distribution channel
3.3.5 Preferred price range
3.4 Growth potential analysis
3.5 Regulatory landscape
3.6 Pricing analysis
3.7 Porter’s analysis
3.8 PESTEL analysis
Chapter 4 Competitive Landscape, 2024
4.1 Introduction
4.2 Company market share analysis
4.3 Competitive positioning matrix
4.4 Strategic outlook matrix
Chapter 5 Market Estimates and Forecast, by Product Type, 2021-2034 (USD Billion) (Thousand Units)
5.1 Key trends
5.2 Face balanced putters
5.3 Toe balanced putters
Chapter 6 Market Estimates & Forecast, by Design 2021-2034 (USD Billion) (Thousand Units)
6.1 Key trends
6.2 Blade putter
6.3 Mallet putter
Chapter 7 Market Estimates & Forecast, by Length 2021-2034 (USD Billion) (Thousand Units)
7.1 Key trends
7.2 Traditional length (32-36 inches)
7.3 Belly putter (41-46 inches)
7.4 Long putter (48-52 inches)
Chapter 8 Market Estimates & Forecast, by Price Range 2021-2034 (USD Billion) (Thousand Units)
8.1 Key trends
8.2 Premium or high
8.3 Economy or Mid-Range
Chapter 9 Market Estimates & Forecast, by End Use 2021-2034 (USD Billion) (Thousand Units)
9.1 Key trends
9.2 Professionals
9.3 Amateur
Chapter 10 Market Estimates & Forecast, by Distribution Channel, 2021-2034 (USD Billion) (Thousand Units)
10.1 Key trends
10.2 Direct sales
10.3 Indirect sales
Chapter 11 Market Estimates & Forecast, by Region, 2021-2034 (USD Billion) (Thousand Units)
11.1 Key trends
11.2 North America
11.2.1 U.S.
11.2.2 Canada
11.3 Europe
11.3.1 UK
11.3.2 Germany
11.3.3 France
11.3.4 Italy
11.3.5 Spain
11.4 Asia Pacific
11.4.1 China
11.4.2 Japan
11.4.3 India
11.4.4 South Korea
11.4.5 Australia
11.5 Latin America
11.5.1 Brazil
11.5.2 Mexico
11.6 MEA
11.6.1 South Africa
11.6.2 Saudi Arabia
11.6.3 UAE
Chapter 12 Company Profiles (Business Overview, Financial Data, Product Landscape, Strategic Outlook, SWOT Analysis)
12.1 Adams Golf Inc.
12.2 Bettinardi Golf
12.3 Bobby Grace Putters
12.4 Bridgestone Sports Ltd
12.5 Callaway Golf Company
12.6 Cleveland Golf Company, Inc.
12.7 Cobra Golf
12.8 Fourteen Golf
12.9 Henry Griffitts
12.10 Honma Golf Ltd.
12.11 Mizuno USA, Inc
12.12 Rock Bottom Golf
12.13 TaylorMade Golf Company, Inc.
12.14 The Acushnet Holdings Company
12.15 Vega Golf

Companies Mentioned

The companies profiled in this Golf Putter market report include:
  • Adams Golf Inc.
  • Bettinardi Golf
  • Bobby Grace Putters
  • Bridgestone Sports Ltd
  • Callaway Golf Company
  • Cleveland Golf Company Inc.
  • Cobra Golf
  • Fourteen Golf
  • Henry Griffitts
  • Honma Golf Ltd.
  • Mizuno USA Inc.
  • Rock Bottom Golf
  • TaylorMade Golf Company Inc.
  • The Acushnet Holdings Company
  • Vega Golf

Table Information