Press release
Global Golf Apparel Market 2017: Market Overview, Competitors, Sales, Revenue, Growth Rate and Forecast till 2026
Fact.MR
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Fact.MR’s latest report projects that the global golf apparel market will surge at a steady CAGR of little under 4% during the forecast period (2017-2026). Over the years, popularity of golf has reached new heights. The youth generation is finding the modern version of the sport quite appealing and trendy. This, in turn, is influencing the participation rate. The number of golf players has grown to a significant extent over the past couple of decades. Rising popularity of golf in various parts of the world is resulting in greater involvement of individuals both in passive viewing and active participation. In addition, growing number of pro-golf tournaments and greater media coverage is playing a crucial role in putting golf in the bracket of prominent sports in the world. Factors as such are expected to drive the demand for golf apparels in the forthcoming years. As per Fact.MR’s report, global market for golf apparel will stand at over US$ 6,600 Mn by 2026-end. Also, development of new courses has provisioned greater access to the sport making it less expensive and exclusionary.
Key Insights from the Report Include:
1. In terms of revenue, North America will continue to dominate the global golf apparel market in 2017, and the trend is expected to continue over the next couple of years. Further, the market in the region is projected to exhibit a CAGR of 3.3% over the forecast period.
2. On the basis of product type, the shoes segment is expected to remain highly lucrative throughout the assessment period. Currently, the segment command for more than one-third share of the market and is projected to expand at a modest rate. The segment is set to increase by US$ 125.6 Mn annually over the course of the forecast period.
3. By gender, the men segment in will continue post a relatively higher revenues share over 2022. The segment currently commands for over 65% market share in terms of revenue and is expected to exhibit a steady CAGR between 2017 and 20226.
4. Base on sales channels, the on-course outlets segment is expected to hold a leading position. The segment is expected to surpass a valuation of US$ 1,200 Mn towards the end of assessment period, reflecting an above-average growth.
Browse Full Report with TOC- https://www.factmr.com/report/333/golf-apparel-market
Table of Content:
Chapter 1 Global Golf Apparel Market- Global Outlook
Chapter 2 Global Golf Apparel Market - Executive Summary
Chapter 3 Global Golf Apparel Market Overview
Chapter 4 Global Golf Apparel Market Analysis and Forecast 2012-2026
Chapter 5 North America Golf Apparel Market Size and Forecast, 2012-2026
Chapter 6 Latin America Golf Apparel Market Size and Forecast, 2012-2026
Chapter 7 Europe Golf Apparel Market Size and Forecast, 2012-2026
Chapter 8 Japan Golf Apparel Market Size and Forecast, 2012-2026
Chapter 9 APEJ Golf Apparel Market Size and Forecast, 2012-2026
Chapter 10 MEA Golf Apparel Market Size and Forecast, 2012-2026
Chapter 11 Global Golf Apparel Market Company Share, Competition Landscape and Company Profiles
Chapter 12 Key Takeaways
Chapter 13 Fact.MR Research Methodology
Chapter 14 Disclaimer
Continued….
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About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized Sports market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
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