Golf Apparel Market : By Industry Trends, Leading Players, Size, Share, Growth, Opportunity And Forecast 2024-2033

Overview and Scope
Golf apparel refers to the specific clothing and accessories that golfers wear while playing the sport. These clothes frequently have characteristics such as stretch fabrics, UV (ultraviolet) protection, and moisture-wicking materials to improve performance and maintain a polished image.

Sizing and Forecast
The golf apparel market size has grown strongly in recent years. It will grow from $3.11 billion in 2023 to $3.34 billion in 2024 at a compound annual growth rate (CAGR) of 7.3%. The growth in the historic period can be attributed to traditional dress codes in golf clubs, growth of golf as a recreational sport, influence of professional golf tournaments, evolution of golf fashion and style trends, rise in golf tourism and destination golf courses.

The golf apparel market size is expected to see strong growth in the next few years. It will grow to $4.29 billion in 2028 at a compound annual growth rate (CAGR) of 6.5%. The growth in the forecast period can be attributed to emergence of golf as a social activity, sponsorship and endorsements from golfers and brands, increased participation of women in golf, expansion of golf retail and merchandise outlets, rise of golf as a fitness activity, adoption of customization and personalization in golf attire, popularity of retro and vintage-inspired golf apparel. Major trends in the forecast period include technological innovations in smart golf wear, integration of wearable technology in golf apparel, growing demand for sustainable and biodegradable golf clothing, collaboration between golf apparel brands and professional golfers, adoption of advanced performance technologies in fabrics.

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The golf apparel market covered in this report is segmented –

1) By Type: Clothes, hats, Shoes, Other Types
2) By Sales Channel: Retail, Specialty Stores, Sports Megastores, Online, On Course Stores, Other Sales Channels
3) By Application: Professional, Amateur
4) By End User: Men, Women, Kids

North America was the largest region in the golf apparel market in 2023. It is expected to be the fastest-growing region in the forecast period. The regions covered in the golf apparel market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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Major Driver Impacting Market Growth
The increase in golf events is expected to propel the growth of the golf apparel market going forward. A golf event refers to a men's or women's stroke play event in the games in which an athlete competes. Golf events include professional golf competitions, pro-am competitions, exhibitions, clinics, charity tournaments, media appearances, open practice sessions, and all other public golf-related activities. In golf, comfortable apparel enables athletes to maintain their focus on the game, give their best efforts, and enjoy the sport. For instance, in March 2023, according to the Professional Golfers' Association Limited, a UK-based federal agency professional organization that protects the interests of the club and teaches golfers, in 2022, there were 24.7-million-member rounds of golf game events, 1.8 million more than in 2021, 2.5 million more than in 2020, and 11.2 million ahead of pre-Covid levels of 2019. This represents an increase of 8% from 2021, 11% from 2020, and a massive 84% growth from 2019. Therefore, the increase in golf events is driving the growth of the golf apparel market.

Key Industry Players
Major companies operating in the golf apparel market report are Nike Inc., Adidas AG, Puma SE, Lululemon Athletica Inc., Ralph Lauren Corporation, Under Armour Inc., Uniqlo Co Ltd., Hugo Boss AG,Topgolf Callaway Brands Corp, Calvin Klein Inc., Fila Holdings Inc., Amer Sports Oy, Lacoste Alligator S.A., U.S. Polo Assn., Acushnet Holdings Corp, Mizuno Corporation, Oakley Inc., TaylorMade Golf Company Inc., FootJoy, Wilson Sporting Goods Co, HEAD Sport GmbH, TravisMathew LLC, Roger Cleveland Golf Company Inc., TRUE Sports Inc., Peter Millar, Dixon Golf Inc., Bonobos Inc., KJUS Inc., Greyson Clothiers, Abacus Sportswear AB.

The golf apparel market report table of contents includes:

1. Executive Summary

2. Golf Apparel Market Characteristics

3. Golf Apparel Market Trends And Strategies

4. Golf Apparel Market - Macro Economic Scenario

5. Global Golf Apparel Market Size and Growth
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32. Global Golf Apparel Market Competitive Benchmarking

33. Global Golf Apparel Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Golf Apparel Market

35. Golf Apparel Market Future Outlook and Potential Analysis

36. Appendix

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