Golf Equipment Market is driven by increasing millennial participation in golf

The Global Golf Equipment Market is estimated to be valued at US$ 11.14 Billion in 2022 and is expected to exhibit a CAGR of 4.7% over the forecast period from 2023 to 2030.
Golf Equipment includes various products used to play the sport of golf such as golf balls, golf clubs, golf shoes, and golf gloves among others. Golf balls are designed to travel long distances, have high rolling number, and accuracy. Modern golf balls come in varied designs and constructions allowing golfers to choose balls based on their playing ability and course conditions. Golf clubs include drivers, woods, irons, wedges, and putters used to hit and advance the golf ball towards the hole.
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Global Golf Equipment Market Size and Growth Strategies

The global golf equipment industry is witnessing accelerated innovation as technology-driven clubs and eco-friendly gear reshape competitive dynamics. Recent advancements in swing analytics and sustainable materials have driven notable business growth, underlining evolving consumer preferences and strategic investments.

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