The golf accessories market size is projected to reach US$ 8,546.58 million by 2031 from US$ 6,956.75 million in 2023. The market is expected to register a CAGR of 2.6% during 2023–2031. The game of golf has risen in popularity, partly due to the influence of social media and celebrities. Social media enables golfers to engage with fans and create meaningful connections and engagement. Social media platforms like Twitter, Instagram, and YouTube have enabled golfers to connect directly with their fans, establishing a connection between the digital world and the golfers.
The growth of the golf accessories market is attributed to the increasing number of people participating in golf and the rising number of golf events organized by governing bodies across various regions. the International Golf Federation organizes many programs and events in various countries across the globe, which attracts a large number of people to the game. Golf tourism has significantly developed due to the expansion of golf courses worldwide and the surging number of golf tournaments. This is expected to increase the adoption of various golf equipment and augment the overall demand.
Golf accessories include different products used to play golf such as – golf gloves, golf balls, golf shoes, golf wear, golf gear, clubs, club head cover, wedges, putters, and other accessories. These accessories may help golf players play the game in multiple ways and enhance their playing experience to some extent. Golf is a very expensive outdoor recreation activity widely popular among amateur players and business individuals. Golf is played by more than 60 million individuals in more than 130 countries across six continents. An increase in the population participating in golf boosts the golf accessories market share globally.
The major golf accessories manufacturers are implementing strategic development initiatives to enhance their products and services. Companies started to invest in promoting their products to increase their customer base. Moreover, they partnered with golf professionals to collect insights on requirements and trends in the golf industry that help companies modify their products to meet specific needs. Golf has recently become a leisure activity, making it a lifestyle sport. Factors including the development & expansion of new golf courses and increased government initiatives to promote golf tourism have increased the popularity of this sport, thereby increasing demand for its associated equipment.
The golf accessories industry has seen a surge in e-commerce adoption, driven by the convenience of online shopping and digital marketing. This shift allows customers to easily browse products and purchase from home, while retailers can expand their reach and reduce overhead costs. E-commerce platforms also provide retailers with valuable data insights into customer behavior, enabling them to tailor their marketing and sales strategies. This results in a more personalized and efficient shopping experience for customers. Overall, adopting e-commerce in the golf accessories industry is a positive trend benefiting both retailers and customers.
Key segments that contributed to the derivation of the golf accessories market analysis are type and distribution channel.
The geographic scope of the golf accessories market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South & Central America.
North America dominated the golf accessories market. The North American market is expected to have a significant global market share due to the growing urbanization and changing lifestyles. The demand for opulent lifestyles, high disposable income, and the need for recreational activities drive market expansion for golf equipment. The rigid supply chain in the region boosts sales, with maximum sales occurring through offline distribution channels. The market is expected to grow due to these factors.
The regional trends and factors influencing the Golf Accessories Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Golf Accessories Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.
| Report Attribute | Details |
|---|---|
| Market size in 2024 | US$ 7137.63 Million |
| Market Size by 2031 | US$ 8,546.58 Million |
| Global CAGR (2025 - 2031) | 2.6% |
| Historical Data | 2021-2023 |
| Forecast period | 2025-2031 |
| Segments Covered |
By Type
|
| Regions and Countries Covered | North America
|
| Market leaders and key company profiles |
The Golf Accessories Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the Golf Accessories Market are:
Disclaimer: The companies listed above are not ranked in any particular order.
The golf accessories market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the golf accessories market are listed below:
The “Golf Accessories Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
The report can be delivered in PDF/PPT format; we can also share an Excel dataset based on the request.
Zero Friction LLC Topgolf Callaway Brands Corp Under Armour Inc TaylorMade Golf Co Adidas Acushnet Company Nike Inc Amer Sports Mizuno Yonex Co Ltd
The popularity of golf has surged due to the influence of social media and celebrities, allowing golfers to connect with fans on platforms like Twitter, Instagram, and YouTube, fostering a deeper connection between the digital world and the golfer.
The golf accessories market is experiencing growth due to an increasing number of golf enthusiasts and events organized by regional governing bodies. Major golf accessories manufacturers are implementing strategic development initiatives to improve their products and services, investing in product promotion to expand their customer base.
The global golf accessories market is estimated to register a CAGR of 2.6 % during the forecast period 2023–2031.