Product Code: IRTNTR45526
The golf tourism market is forecasted to grow by USD 9096.6 mn during 2023-2028, accelerating at a CAGR of 6.72% during the forecast period. The report on the golf tourism market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing emphasis on golf infrastructure worldwide, increasing popularity of professional golf tournaments, and rising government support for golf tourism.
Technavio's golf tourism market is segmented as below:
Market Scope |
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 6.18% |
CAGR | 6.72% |
Incremental Value | $9096.6mn |
By End-user
By Type
By Geography
- North America
- APAC
- Europe
- South America
- Middle East and Africa
This study identifies the advent of integrated mobile solutions in golf clubs and other equipment as one of the prime reasons driving the golf tourism market growth during the next few years. Also, technological developments in golf industry improving prospects for golf tourism and rise in popularity of outdoor recreational activities will lead to sizable demand in the market.
The report on the golf tourism market covers the following areas:
- Golf tourism market sizing
- Golf tourism market forecast
- Golf tourism market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading golf tourism market vendors that include Ananta Group Pvt. Ltd., Ascot Tours, Carr Golf and Corporate Travel Ltd., Duffers Golf Travel, Fairway Golf Tours, GARMANY GOLF and TRAVEL LLC, Go Golfing, Golf and Tours Pty Ltd., Golf Tourism Australia, Golf Tours International Ltd., Golf Tours Worldwide, Grasshopper Golf Tour, Indian Holiday Pvt. Ltd., Liberty Travel and Tours M Sdn Bhd, Palatinate Group Ltd., Perry Travel Inc., Pioneer Golf Inc., Scottish Golf Holidays Inc., The Golf Travel Group., and Travel Impresarios. Also, the golf tourism market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
- 1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market by Geography
- Executive Summary - Chart on Market Segmentation by End-user
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
- 2.2 Market characteristics
- Market characteristics analysis
- 2.3 Value chain analysis
3 Market Sizing
- 3.1 Market definition
- Offerings of companies included in the market definition
- 3.2 Market segment analysis
- 3.3 Market size 2023
- 3.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ million)
- Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
- 4.1 Global Golf Tourism Market 2018 - 2022
- Historic Market Size - Data Table on Global Golf Tourism Market 2018 - 2022 ($ million)
- 4.2 End-user segment analysis 2018 - 2022
- Historic Market Size - End-user Segment 2018 - 2022 ($ million)
- 4.3 Type segment analysis 2018 - 2022
- Historic Market Size - Type Segment 2018 - 2022 ($ million)
- 4.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ million)
- 4.5 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
- 5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
- 5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
- 5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
- 5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
- 5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
- 5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
- 5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by End-user
- 6.1 Market segments
- Chart on End-user - Market share 2023-2028 (%)
- Data Table on End-user - Market share 2023-2028 (%)
- 6.2 Comparison by End-user
- Chart on Comparison by End-user
- Data Table on Comparison by End-user
- 6.3 Male - Market size and forecast 2023-2028
- Chart on Male - Market size and forecast 2023-2028 ($ million)
- Data Table on Male - Market size and forecast 2023-2028 ($ million)
- Chart on Male - Year-over-year growth 2023-2028 (%)
- Data Table on Male - Year-over-year growth 2023-2028 (%)
- 6.4 Female - Market size and forecast 2023-2028
- Chart on Female - Market size and forecast 2023-2028 ($ million)
- Data Table on Female - Market size and forecast 2023-2028 ($ million)
- Chart on Female - Year-over-year growth 2023-2028 (%)
- Data Table on Female - Year-over-year growth 2023-2028 (%)
- 6.5 Market opportunity by End-user
- Market opportunity by End-user ($ million)
- Data Table on Market opportunity by End-user ($ million)
7 Market Segmentation by Type
- 7.1 Market segments
- Chart on Type - Market share 2023-2028 (%)
- Data Table on Type - Market share 2023-2028 (%)
- 7.2 Comparison by Type
- Chart on Comparison by Type
- Data Table on Comparison by Type
- 7.3 Domestic - Market size and forecast 2023-2028
- Chart on Domestic - Market size and forecast 2023-2028 ($ million)
- Data Table on Domestic - Market size and forecast 2023-2028 ($ million)
- Chart on Domestic - Year-over-year growth 2023-2028 (%)
- Data Table on Domestic - Year-over-year growth 2023-2028 (%)
- 7.4 International - Market size and forecast 2023-2028
- Chart on International - Market size and forecast 2023-2028 ($ million)
- Data Table on International - Market size and forecast 2023-2028 ($ million)
- Chart on International - Year-over-year growth 2023-2028 (%)
- Data Table on International - Year-over-year growth 2023-2028 (%)
- 7.5 Market opportunity by Type
- Market opportunity by Type ($ million)
- Data Table on Market opportunity by Type ($ million)
8 Customer Landscape
- 8.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Chart on Market share By Geographical Landscape2023-2028 (%)
- Data Table on Market share By Geographical Landscape2023-2028 (%)
- 9.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
- 9.3 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ million)
- Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)
- 9.4 APAC - Market size and forecast 2023-2028
- Chart on APAC - Market size and forecast 2023-2028 ($ million)
- Data Table on APAC - Market size and forecast 2023-2028 ($ million)
- Chart on APAC - Year-over-year growth 2023-2028 (%)
- Data Table on APAC - Year-over-year growth 2023-2028 (%)
- 9.5 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)
- 9.6 South America - Market size and forecast 2023-2028
- Chart on South America - Market size and forecast 2023-2028 ($ million)
- Data Table on South America - Market size and forecast 2023-2028 ($ million)
- Chart on South America - Year-over-year growth 2023-2028 (%)
- Data Table on South America - Year-over-year growth 2023-2028 (%)
- 9.7 Middle East and Africa - Market size and forecast 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- 9.8 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ million)
- Data Table on US - Market size and forecast 2023-2028 ($ million)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
- 9.9 Japan - Market size and forecast 2023-2028
- Chart on Japan - Market size and forecast 2023-2028 ($ million)
- Data Table on Japan - Market size and forecast 2023-2028 ($ million)
- Chart on Japan - Year-over-year growth 2023-2028 (%)
- Data Table on Japan - Year-over-year growth 2023-2028 (%)
- 9.10 UK - Market size and forecast 2023-2028
- Chart on UK - Market size and forecast 2023-2028 ($ million)
- Data Table on UK - Market size and forecast 2023-2028 ($ million)
- Chart on UK - Year-over-year growth 2023-2028 (%)
- Data Table on UK - Year-over-year growth 2023-2028 (%)
- 9.11 Canada - Market size and forecast 2023-2028
- Chart on Canada - Market size and forecast 2023-2028 ($ million)
- Data Table on Canada - Market size and forecast 2023-2028 ($ million)
- Chart on Canada - Year-over-year growth 2023-2028 (%)
- Data Table on Canada - Year-over-year growth 2023-2028 (%)
- 9.12 Australia - Market size and forecast 2023-2028
- Chart on Australia - Market size and forecast 2023-2028 ($ million)
- Data Table on Australia - Market size and forecast 2023-2028 ($ million)
- Chart on Australia - Year-over-year growth 2023-2028 (%)
- Data Table on Australia - Year-over-year growth 2023-2028 (%)
- 9.13 Market opportunity by geography
- Market opportunity By Geographical Landscape($ million)
- Data Tables on Market opportunity By Geographical Landscape($ million)
10 Drivers, Challenges, and Opportunity/Restraints
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
- 10.4 Market opportunities/restraints
11 Competitive Landscape
- 11.1 Overview
- 11.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
- 11.3 Landscape disruption
- Overview on factors of disruption
- 11.4 Industry risks
- Impact of key risks on business
12 Competitive Analysis
- 12.1 Companies profiled
- 12.2 Market positioning of companies
- Matrix on companies position and classification
- 12.3 Ananta Group Pvt. Ltd.
- Ananta Group Pvt. Ltd. - Overview
- Ananta Group Pvt. Ltd. - Product / Service
- Ananta Group Pvt. Ltd. - Key offerings
- 12.4 Ascot Tours
- Ascot Tours - Overview
- Ascot Tours - Product / Service
- Ascot Tours - Key offerings
- 12.5 Carr Golf and Corporate Travel Ltd.
- Carr Golf and Corporate Travel Ltd. - Overview
- Carr Golf and Corporate Travel Ltd. - Product / Service
- Carr Golf and Corporate Travel Ltd. - Key offerings
- 12.6 GARMANY GOLF and TRAVEL LLC
- GARMANY GOLF and TRAVEL LLC - Overview
- GARMANY GOLF and TRAVEL LLC - Product / Service
- GARMANY GOLF and TRAVEL LLC - Key offerings
- 12.7 Golf and Tours Pty Ltd.
- Golf and Tours Pty Ltd. - Overview
- Golf and Tours Pty Ltd. - Product / Service
- Golf and Tours Pty Ltd. - Key offerings
- 12.8 Golf Tours International Ltd.
- Golf Tours International Ltd. - Overview
- Golf Tours International Ltd. - Product / Service
- Golf Tours International Ltd. - Key offerings
- 12.9 Golf Tours Worldwide
- Golf Tours Worldwide - Overview
- Golf Tours Worldwide - Product / Service
- Golf Tours Worldwide - Key offerings
- 12.10 Grasshopper Golf Tour
- Grasshopper Golf Tour - Overview
- Grasshopper Golf Tour - Product / Service
- Grasshopper Golf Tour - Key offerings
- 12.11 Indian Holiday Pvt. Ltd.
- Indian Holiday Pvt. Ltd. - Overview
- Indian Holiday Pvt. Ltd. - Product / Service
- Indian Holiday Pvt. Ltd. - Key offerings
- 12.12 Liberty Travel and Tours M Sdn Bhd
- Liberty Travel and Tours M Sdn Bhd - Overview
- Liberty Travel and Tours M Sdn Bhd - Product / Service
- Liberty Travel and Tours M Sdn Bhd - Key offerings
- 12.13 Palatinate Group Ltd.
- Palatinate Group Ltd. - Overview
- Palatinate Group Ltd. - Product / Service
- Palatinate Group Ltd. - Key offerings
- 12.14 Perry Travel Inc.
- Perry Travel Inc. - Overview
- Perry Travel Inc. - Product / Service
- Perry Travel Inc. - Key offerings
- 12.15 Pioneer Golf Inc.
- Pioneer Golf Inc. - Overview
- Pioneer Golf Inc. - Product / Service
- Pioneer Golf Inc. - Key offerings
- 12.16 Scottish Golf Holidays Inc.
- Scottish Golf Holidays Inc. - Overview
- Scottish Golf Holidays Inc. - Product / Service
- Scottish Golf Holidays Inc. - Key offerings
- 12.17 Travel Impresarios
- Travel Impresarios - Overview
- Travel Impresarios - Product / Service
- Travel Impresarios - Key offerings
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
- 13.3 Currency conversion rates for US$
- Currency conversion rates for US$
- 13.4 Research methodology
- 13.5 Data procurement
- 13.6 Data validation
- 13.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
- 13.8 Data synthesis
- 13.9 360 degree market analysis
- 360 degree market analysis
- 13.10 List of abbreviations