GITNUX MARKETDATA REPORT 2024

Golf Courses Revenue Statistics [Fresh Research]

Statistic 1

"Golf equipment manufacturer Acushnet had global sales of 2.1 billion US dollars in 2021, while Callaway Golf Company had net sales of 3.1 billion US dollars, making them the front-runner."

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Statistic 2

"Golf is using social media and media coverage to reach more people, especially millennials, as 60% of them are active Instagram users."

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Statistic 3

"Golf courses and country clubs in the United States are expected to generate around $24.7 billion in revenue by 2024."

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Statistic 4

"Golf equipment manufacturer Acushnet had global sales of 2.1 billion US dollars in 2021, while Callaway Golf Company had net sales of 3.1 billion US dollars, making them the front-runner."

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Statistic 5

"The golf course and club market in the US earned slightly more than $25,000 million in 2020, with 883,500 golfers in England and 180 golf equipment stores in Canada."

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Statistic 6

"In 2021, 8% of the US population played golf on a golf course, with 12.4 million people participating in off-course golf activities and 3.2 million Americans playing golf for the first time."

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Statistic 7

"The golf industry has seen an increase of more than 2 million newcomers for nine years in a row, with the last three years exceeding 3 million, and a 12% increase year on year in 2022."

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Statistic 8

"Golf is using social media and media coverage to reach more people, especially millennials, as 60% of them are active Instagram users."

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Statistic 9

"The country club and golf course market in the US is valued at $25.8 billion and is expected to rise 1.5% in 2021. 65% of clubs are investing in fitness and wellness amenities, and 57.5% have a fitness facility with an average of 2,925 square feet of usable space."

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Statistic 10

"The Golf Courses & Country Clubs market size in the United States has fluctuated over the last three years due to changes in supply, demand, and cost of goods/services sold."

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