Golf is a sport that has been around for centuries, and it is still growing in popularity today. With more people taking up the sport, the golf industry has seen an increase in revenue over the years. In this blog post, we will take a look at some of the most interesting golf industry statistics to give you a better understanding of the industry’s current state.
We will cover topics such as the number of golfers, the amount of money spent on golf equipment, and the number of golf courses in the United States. By the end of this post, you will have a better understanding of the golf industry and its current trends.
Golf Industry: The Most Important Statistics
Women make up 25% of on-course golfers in the United States, a 14% increase since 2019.
The U.S. golf course and country club industry has grown by over $2 billion since 2014, reaching a market size of $26.21 billion in 2022.
Golf Industry Statistics Overview
The number of registered golfers in Europe peaked in 2010 at 4.44 million, but decreased to 4.1 million in 2018.
This shows that the golf industry has seen a decrease in popularity in Europe over the past 8 years, which could indicate a potential decrease in revenue for the industry. This could be due to a variety of factors, such as increased competition from other sports, a decrease in interest in golf, or a decrease in the availability of golf courses.
The U.S golf industry grew 22% from 2011 to 2016, reaching a value of $84.1 billion.
It shows the significant growth of the golf industry in the U.S. over a five year period, demonstrating the industry’s importance to the economy and its potential for continued growth.
Women make up 25% of on-course golfers in the United States, a 14% increase since 2019.
Thus, the golf industry is making progress in terms of gender equality. This is important because it shows that the golf industry is taking steps to become more inclusive and that more women are participating in the sport. This could lead to more opportunities for women in the golf industry and could potentially lead to more female golfers in the future.
35% of junior golfers in the United States are female, up from 15% in 2000.
Female golfers are therefore contributing to the growth of the industry, which can lead to more opportunities for female golfers and more diversity in the sport.
42% of EU golf players in 2020 are forecasted to be 60 and over, while only 11% are in the age group 20 to 40.
In 2022, 3.4 million junior golfers played on a golf course, reflecting a 36% growth since 2019, which is beneficial as it indicates that more people are interested in playing golf. This could lead to increased revenue for golf courses and other businesses in the industry.
Ireland had 182,398 registered golf players in 2018, a slight decrease from 2014.
England had 642.240 registered golf players in 2018, a decrease from the peak of 694.623 in 2016.
Thus, the golf industry in England is not growing as much as it was in 2016, indicating that the industry may be in decline. This could be an important factor to consider when looking at the overall health of the golf industry in England.
The U.S. golf course and country club industry has grown by over $2 billion since 2014, reaching a market size of $26.21 billion in 2022.
The number of golf courses in the United States decreased from 10.69 thousand in 2012 to 9.47 thousand in 2022, which shows the decline in the number of golf courses in the United States over the past decade.
Conclusion
In conclusion, golf industry statistics show that the industry is growing and becoming more popular. The number of golfers is increasing, and the number of courses is increasing as well. The golf industry is also becoming more diverse, with more women and minorities playing the sport.
Golf is becoming more accessible, with new technology and equipment making it easier for people to get started. The golf industry is also becoming more profitable, with more people investing in golf courses and related businesses. As the industry continues to grow, the opportunities for golfers and businesses alike will continue to expand.
References
1 – https://www.statista.com/statistics/275308/number-of-registered-golf-players-in-europe/
2 – https://www.forbes.com/sites/erikmatuszewski/2018/04/24/the-economic-impact-of-golf-84-billion-in-the-u-s/?sh=5eedf69046ee
3 – https://www.ngf.org/golf-industry-research/
4 – https://www.bloomberg.com/news/articles/2022-03-11/long-excluded-female-golfers-are-now-key-driver-of-game-s-growth#xj4y7vzkg
5 – https://www.statista.com/statistics/674213/forecast-distribution-of-golf-players-by-age-group//
6 – https://www.ngf.org/golf-industry-research/
7 – https://www.statista.com/statistics/948053/number-of-registered-golf-players-in-ireland/
8 – https://www.statista.com/statistics/947702/number-of-registered-golf-players-in-england/
9 – https://www.statista.com/statistics/1175366/golf-courses-country-clubs-market-size/
10 – https://www.zippia.com/advice/golf-industry-statistics/
