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.
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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
Chapter 2 Executive Summary
Chapter 3 Industry Insights
Chapter 4 Competitive Landscape, 2024
Chapter 5 Market Estimates and Forecast, by Product Type, 2021-2034 (USD Billion) (Thousand Units)
Chapter 6 Market Estimates & Forecast, by Design 2021-2034 (USD Billion) (Thousand Units)
Chapter 7 Market Estimates & Forecast, by Length 2021-2034 (USD Billion) (Thousand Units)
Chapter 8 Market Estimates & Forecast, by Price Range 2021-2034 (USD Billion) (Thousand Units)
Chapter 9 Market Estimates & Forecast, by End Use 2021-2034 (USD Billion) (Thousand Units)
Chapter 10 Market Estimates & Forecast, by Distribution Channel, 2021-2034 (USD Billion) (Thousand Units)
Chapter 11 Market Estimates & Forecast, by Region, 2021-2034 (USD Billion) (Thousand Units)
Chapter 12 Company Profiles (Business Overview, Financial Data, Product Landscape, Strategic Outlook, SWOT Analysis)
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
Report Attribute | Details |
---|---|
No. of Pages | 303 |
Published | March 2025 |
Forecast Period | 2024 - 2034 |
Estimated Market Value ( USD | $ 3.5 Billion |
Forecasted Market Value ( USD | $ 5.1 Billion |
Compound Annual Growth Rate | 3.9% |
Regions Covered | Global |
No. of Companies Mentioned | 16 |