Golf Equipment Market was valued at USD 6.6 Billion in 2021 and is predicted to reach USD 7.8 Billion by 2026 with a CAGR of 2.3% during the forecast period 2021-2026.

Golf Equipment is most commonly known as the various items that are used to play the sport of golf. Types of equipment include the golf ball, golf clubs, and devices that aid in the sport, there are several clubs you'll need including the putter, the pitching wedge, the sand wedge, the driver, the three, five, seven, and nine irons, and the three woods. These are the minimum that most golfers need to play the game. These are the main factors that have considerably increased the demand for the Golf Equipment in the market, thereby driving the huge growth of the Golf Equipment market in the upcoming years

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Market Drivers and Restrains:

The main factors that have considerably increased the demand for the Golf Equipment in the market is mainly due to the huge rise in the consumer disposable income, spur in golf tourism, and also increase in the growing popularity of the sport, and development of golf courses across the world are some of the prominent factors driving the growth, rise in number of indoor games thus, hampering the demand; these are the main factors that have considerably increased the demand for the Golf Equipment in the market, thereby driving the huge growth of the Golf Equipment market in the upcoming years

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Report is segmented as:

Golf Equipment Market is segmented on the basis of by distribution channel; Golf Equipment Market is segmented on the basis of by type:

* Golf Equipment Market is segmented on the basis of by distribution channel into Sports Goods Chain, Specialty Sports Shops, On-course Shops, Online Stores, and Others

* Golf Equipment Market is segmented on the basis of by type into Golf Balls, Golf Clubs, Golf Shoes, and Others

Geographical Segmentation:

Golf Equipment Market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa and rest of world. North America has the dominant share in the Golf Equipment is due to the rising popularity of golf among wealthy and upper class population are the main factors that have considerably increased the demand for the Golf Equipment in the North America region, followed by Europe, Asia Pacific, Latin America and Middle East & Africa will register a slower increase in the Golf Equipment Market

Impact of COVID-19 on Market

The COVID-19 has started in the end of 2019 in Wuhan china; this has affected many industries from different sectors in various countries and also affected Golf Equipment market. Covid-19 pandemic has impacted huge on the sales revenue of Golf Equipment market. Due to the government restrictions like lockdown in many countries has stopped the production of products by the manufacturing companies, In recent days relaxation in restrictions by the government and people are getting vaccinated to stop the spread of corona virus are expecting to raise the Golf Equipment market growth

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