SAN FRANCISCO, Sept. 22, 2021 /PRNewswire/ — A brand new market research printed by World Business Analysts Inc., (GIA) the premier market analysis firm, at present launched its report titled “Golf Gear – World Market Trajectory & Analytics”. The report presents contemporary views on alternatives and challenges in a considerably reworked put up COVID-19 market.
FACTS AT A GLANCE
Version: 18; Launched: April 2021
Govt Pool: 3854
Corporations: 205 – Gamers lined embrace Acushnet Holdings Corp.; Amer Sports activities Company; Bridgestone Golf, Inc.; Callaway Golf Firm; Cleveland Golf Firm, Inc.; Dick’s Sporting Items, Inc.; Dixon Golf; Nike, Inc.; Taylor Made Golf Firm, Inc.; True Mood Sports activities, Inc. and Others.
Protection: All main geographies and key segments
Segments: Sort (Golf Balls, Golf Golf equipment, Golf Sneakers, and Different Varieties)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Remainder of Europe); Asia-Pacific (Australia; India; South Korea; and Remainder of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Remainder of Latin America); Center East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Remainder of Center East); and Africa.
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World Golf Gear Market to Attain $9.3 Billion by 2026
Amid the COVID-19 disaster, the worldwide marketplace for Golf Gear estimated at US$8.5 Billion within the yr 2020, is projected to succeed in a revised dimension of US$9.3 Billion by 2026, rising at a CAGR of 1.4% over the evaluation interval. Golf Balls, one of many segments analyzed within the report, is projected to file a 1.4% CAGR and attain US$4.1 Billion by the top of the evaluation interval. After an intensive evaluation of the enterprise implications of the pandemic and its induced financial disaster, progress within the Golf Golf equipment section is readjusted to a revised 1.3% CAGR for the subsequent 7-year interval.
The U.S. Market is Estimated at $2.3 Billion in 2021, Whereas China is Forecast to Attain $1.7 Billion by 2026
The Golf Gear market within the U.S. is estimated at US$2.3 Billion within the yr 2021. China, the world`s second largest economic system, is forecast to succeed in a projected market dimension of US$1.7 Billion by the yr 2026 trailing a CAGR of two.8% over the evaluation interval. Among the many different noteworthy geographic markets are Japan and Canada, every forecast to develop at 0.1% and 0.9% respectively over the evaluation interval. Inside Europe, Germany is forecast to develop at roughly 0.4% CAGR.
Golf Sneakers Phase to Attain US$1.8 Billion by the yr 2026
Within the world Golf Sneakers section, USA, Canada, Japan, China and Europe will drive the 1.5% CAGR estimated for this section. These regional markets accounting for a mixed market dimension of US$1.2 Billion within the yr 2020 will attain a projected dimension of US$1.4 Billion by the shut of the evaluation interval. China will stay among the many quickest rising on this cluster of regional markets. Extra
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About World Business Analysts, Inc. & StrategyR™
World Business Analysts, Inc., (www.strategyr.com) is a famend market analysis writer the world`s solely influencer pushed market analysis firm. Proudly serving greater than 42,000 purchasers from 36 international locations, GIA is acknowledged for correct forecasting of markets and industries for over 33 years.
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