US dominates golf clothing market growing at 6% CAGR

The global golf clothing market is growing at six per cent a year.

In 2021, the worldwide golf equipment and apparel market reached all-time high sales levels around the world. Strong consumer demand for golf products continued into 2022.However, several factors constrained manufacturers’ ability to meet orders during the first three quarters, and then economic woes dragged down the market in the fourth quarter. The UK market is the fourth biggest in the world, behind South Korea, Japan and the US. While the US and Japan combine to represent over 66 percent of the world’s golf equipment market, Korean golfers spend more per capita on golf equipment and apparel than any other country.

The emergence of the trend of golf tourism, a surge in fitness consciousness among consumers and the trend for fashionable sports apparel have driven the growth of the global golf clothing market. The bottomwear segment is the fastest growing segment. This is due to the increase in the number of participations in sports tournaments and physical activities.

On the basis of distribution channels, the online store segment is registering the fastest growth, as users are inclining more towards online shopping due to the easy accessibility of different sports apparel.