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The golf tourism market size is estimated to be valued at US$ 23,145.8 million in 2024. Golf tourism contributes significantly to the economies of destinations hosting golf courses and resorts. Local governments and tourism boards often invest in developing and promoting golf tourism to attract tourists who spend on accommodation, dining, and leisure activities.
The demand for golf tourism is predicted to mark a steady rise with a CAGR of 4.9% through 2034. The industry is projected to surpass a valuation of US$ 37,344.5 million by 2034. Companies invest in developing world-class golf courses and resorts with top-notch facilities and services to attract discerning travelers. This includes designing courses by renowned architects, maintaining course quality, and offering personalized experiences tailored to golfers' preferences.
Attributes | Details |
---|---|
Golf Tourism Market Value for 2024 | US$ 23,145.8 million |
Golf Tourism Market Value for 2034 | US$ 37,344.5 million |
Golf Tourism Market Forecast CAGR for 2024 to 2034 | 4.9% |
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Golf resorts and destinations are incorporating wellness offerings such as spa treatments, yoga classes, and healthy dining options to cater to travelers seeking holistic wellness experiences alongside their golfing activities, aligning with the growing demand for wellness tourism.
Golf tourism destinations with rich heritage and historical significance are offering guided tours and experiences that highlight the historical significance of golf in the region. These tours may include visits to historic courses, museums, and landmarks, providing golf enthusiasts with insights into the sport's evolution and cultural impact.
Some golf tourism destinations are incorporating adventure elements into the golfing experience, such as safari-style golf tours, where players navigate courses amidst natural landscapes and wildlife habitats. Adventure golf experiences offer a unique blend of golfing excitement and outdoor exploration, appealing to adventurous travelers seeking memorable experiences.
Golf tourism destinations are embracing ecotourism principles and conservation initiatives to preserve natural habitats and promote biodiversity within golf course ecosystems. These destinations may offer guided nature walks, birdwatching tours, and environmental education programs that emphasize the importance of environmental stewardship and sustainability in golf tourism.
Golf tourism destinations are enhancing their culinary offerings by partnering with renowned chefs, local farms, and wineries to create gastronomic experiences that complement the golfing experience, including farm-to-table dining, wine tastings, and culinary events showcasing regional cuisine.
This section provides a comparative view of the golf tourism industry, the golf outfit market, and the Europe golf tourism market. The table below compares each adjacent market from 2024 to 2034, including CAGR, opportunities, and key trends.
Golf Tourism Market:
Attributes | Golf Tourism Market |
---|---|
CAGR (2024 to 2034) | 4.9% |
Opportunity | Catering to the rising demand for eco-friendly and sustainable golf experiences presents a niche market opportunity for environmentally-conscious golf tourism providers |
Key Trends | Integration of virtual reality (VR) and augmented reality (AR) technologies to enhance golf tourism experiences and attract tech enthusiast travelers |
Golf Outfit Market:
Attributes | Golf Outfit Market |
---|---|
CAGR (2024 to 2034) | 7.6% |
Opportunity | Capitalizing on the growing trend of athleisure wear, golf outfit manufacturers can expand their product lines to offer stylish and functional apparel suitable for both on and off-the-course |
Key Trends | Embracing sustainable and ethically sourced materials in golf apparel production to align with consumer preferences for eco-friendly fashion choices |
Europe golf tourism:
Attributes | Europe golf tourism |
---|---|
CAGR (2024 to 2034) | 7.5% |
Opportunity | Leveraging Europe's rich cultural heritage and diverse landscapes, golf tourism operators can develop curated experiences that combine golfing with cultural tours, gastronomic adventures, and luxury accommodations |
Key Trends | Adoption of digital marketing strategies and online booking platforms to reach a wider audience of international travelers and enhance the accessibility of Europe's golf tourism offerings |
This section provides detailed insights into specific segments in the golf tourism industry.
By Nationality Type | Domestic |
---|---|
Market Share in 2024 | 58% |
Domestic tourism continues to be the primary driver of the golf tourism industry, holding a substantial market share of 58% in 2024. This sustained dominance can be attributed to several key factors:
Leading Booking Method | Online Direct |
---|---|
Market Share in 2024 | 42.0% |
The analysis suggests a significant shift towards online direct bookings, with this method capturing a dominant 42.0% share in 2024. This trend can be attributed to several key drivers:
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The section analyzes the golf tourism market across key countries, including the United States, Australia, China, Japan, and Germany. The analysis delves into the specific factors driving the demand for golf tourism in these countries.
Countries | CAGR |
---|---|
United States | 3.2% |
Australia | 6.5% |
China | 7.3% |
Japan | 5.0% |
Germany | 7.4% |
The United States golf tourism industry is expected to maintain a steady growth trajectory with a CAGR of 3.2% through 2034. This consistent growth can be attributed to several factors:
The golf tourism industry in Australia is projected to rise at a CAGR of 6.5% through 2034.
China’s golf tourism industry is likely to witness expansion at a CAGR of 7.3% through 2034. This potential stems from several key drivers:
Japan's golf tourism industry is projected to rise at a steady CAGR of 5.0% through 2034. This continued growth can be attributed to:
Germany's golf tourism market is expected to rise at a robust CAGR of 7.4% through 2034.
The golf tourism industry, fueled by global passion for sport, presents an exciting yet competitive landscape. Established destinations like the United States, Europe, and Asia Pacific remain dominant players, attracting golfers with well-developed infrastructure, iconic courses, and diverse experiences. However, emerging markets like China, Vietnam, and the Middle East are rapidly gaining traction, offering unique golfing experiences, upscale resorts, and cost-competitive packages, challenging the established order.
Recognizing the evolving preferences of golfers, the industry is shifting its focus beyond just the course. Sustainable practices, eco-friendly course management, and integration with wellness offerings are gaining traction, catering to a more environmentally conscious and health-focused clientele. Additionally, destinations are increasingly emphasizing cultural immersion and unique experiences alongside the golfing experience, creating a multi-faceted vacation package.
Recent Developments in the Golf Tourism Industry
The golf tourism market is projected to expand at a CAGR of 4.9% between 2024 and 2034.
The online direct booking method dominates the industry.
Some of the leading golf tourism companies are Golf Asian Co. Ltd, Premier Golf Tours, and The Haversham and Baker Company.
The golf tourism market is anticipated to surpass US$ 37,344.5 million by 2034.
The desire for unique leisure experiences combined with the appeal of destination golf courses is driving the demand for golf tourism.
1. Executive Summary 1.1. Global Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Technology Roadmap Analysis 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Restraints 3.1.3. Opportunity 3.1.4. Trends 3.2. Scenario Forecast 3.2.1. Demand in Optimistic Scenario 3.2.2. Demand in Likely Scenario 3.2.3. Demand in Conservative Scenario 3.3. Opportunity Map Analysis 3.4. Investment Feasibility Matrix 3.5. PESTLE and Porter’s Analysis 3.6. Regulatory Landscape 3.6.1. By Key Regions 3.6.2. By Key Countries 3.7. Regional Parent Market Outlook 4. Global Market Analysis 2019 to 2023 and Forecast, 2024 to 2034 4.1. Historical Market Size Value (US$ Million) Analysis, 2019 to 2023 4.2. Current and Future Market Size Value (US$ Million) Projections, 2024 to 2034 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute $ Opportunity Analysis 5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Type 5.1. Introduction / Key Findings 5.2. Historical Market Size Value (US$ Million) Analysis By Type, 2019 to 2023 5.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Type, 2024 to 2034 5.3.1. Domestic Tourism 5.3.2. International Tourism 5.4. Y-o-Y Growth Trend Analysis By Type, 2019 to 2023 5.5. Absolute $ Opportunity Analysis By Type, 2024 to 2034 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Service Type 6.1. Introduction / Key Findings 6.2. Historical Market Size Value (US$ Million) Analysis By Service Type, 2019 to 2023 6.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Service Type, 2024 to 2034 6.3.1. Personal Tours 6.3.2. Professional Tours 6.4. Y-o-Y Growth Trend Analysis By Service Type, 2019 to 2023 6.5. Absolute $ Opportunity Analysis By Service Type, 2024 to 2034 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Tourist Gender 7.1. Introduction / Key Findings 7.2. Historical Market Size Value (US$ Million) Analysis By End-User, 2019 to 2023 7.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By End-User, 2024 to 2034 7.3.1. Male 7.3.2. Female 7.4. Y-o-Y Growth Trend Analysis By End-User, 2019 to 2023 7.5. Absolute $ Opportunity Analysis By End-User, 2024 to 2034 8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region 8.1. Introduction 8.2. Historical Market Size Value (US$ Million) Analysis By Region, 2019 to 2023 8.3. Current Market Size Value (US$ Million) Analysis and Forecast By Region, 2024 to 2034 8.3.1. North America 8.3.2. Latin America 8.3.3. Western Europe 8.3.4. Eastern Europe 8.3.5. South Asia and Pacific 8.3.6. East Asia 8.3.7. Middle East and Africa 8.4. Market Attractiveness Analysis By Region 9. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 9.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023 9.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034 9.2.1. By Country 9.2.1.1. USA 9.2.1.2. Canada 9.2.2. By Type 9.2.3. By Service Type 9.2.4. By End-User 9.3. Market Attractiveness Analysis 9.3.1. By Country 9.3.2. By Type 9.3.3. By Service Type 9.3.4. By End-User 9.4. Key Takeaways 10. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 10.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023 10.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034 10.2.1. By Country 10.2.1.1. Brazil 10.2.1.2. Mexico 10.2.1.3. Rest of Latin America 10.2.2. By Type 10.2.3. By Service Type 10.2.4. By End-User 10.3. Market Attractiveness Analysis 10.3.1. By Country 10.3.2. By Type 10.3.3. By Service Type 10.3.4. By End-User 10.4. Key Takeaways 11. Western Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 11.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023 11.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034 11.2.1. By Country 11.2.1.1. Germany 11.2.1.2. UK 11.2.1.3. France 11.2.1.4. Spain 11.2.1.5. Italy 11.2.1.6. Rest of Western Europe 11.2.2. By Type 11.2.3. By Service Type 11.2.4. By End-User 11.3. Market Attractiveness Analysis 11.3.1. By Country 11.3.2. By Type 11.3.3. By Service Type 11.3.4. By End-User 11.4. Key Takeaways 12. Eastern Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 12.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023 12.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034 12.2.1. By Country 12.2.1.1. Poland 12.2.1.2. Russia 12.2.1.3. Czech Republic 12.2.1.4. Romania 12.2.1.5. Rest of Eastern Europe 12.2.2. By Type 12.2.3. By Service Type 12.2.4. By End-User 12.3. Market Attractiveness Analysis 12.3.1. By Country 12.3.2. By Type 12.3.3. By Service Type 12.3.4. By End-User 12.4. Key Takeaways 13. South Asia and Pacific Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 13.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023 13.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034 13.2.1. By Country 13.2.1.1. India 13.2.1.2. Bangladesh 13.2.1.3. Australia 13.2.1.4. New Zealand 13.2.1.5. Rest of South Asia and Pacific 13.2.2. By Type 13.2.3. By Service Type 13.2.4. By End-User 13.3. Market Attractiveness Analysis 13.3.1. By Country 13.3.2. By Type 13.3.3. By Service Type 13.3.4. By End-User 13.4. Key Takeaways 14. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 14.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023 14.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034 14.2.1. By Country 14.2.1.1. China 14.2.1.2. Japan 14.2.1.3. South Korea 14.2.2. By Type 14.2.3. By Service Type 14.2.4. By End-User 14.3. Market Attractiveness Analysis 14.3.1. By Country 14.3.2. By Type 14.3.3. By Service Type 14.3.4. By End-User 14.4. Key Takeaways 15. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 15.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023 15.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034 15.2.1. By Country 15.2.1.1. GCC Countries 15.2.1.2. South Africa 15.2.1.3. Israel 15.2.1.4. Rest of MEA 15.2.2. By Type 15.2.3. By Service Type 15.2.4. By End-User 15.3. Market Attractiveness Analysis 15.3.1. By Country 15.3.2. By Type 15.3.3. By Service Type 15.3.4. By End-User 15.4. Key Takeaways 16. Key Countries Market Analysis 16.1. USA 16.1.1. Market Share Analysis, 2023 16.1.1.1. By Type 16.1.1.2. By Service Type 16.1.1.3. By End-User 16.2. Canada 16.2.1. Market Share Analysis, 2023 16.2.1.1. By Type 16.2.1.2. By Service Type 16.2.1.3. By End-User 16.3. Brazil 16.3.1. Market Share Analysis, 2023 16.3.1.1. By Type 16.3.1.2. By Service Type 16.3.1.3. By End-User 16.4. Mexico 16.4.1. Market Share Analysis, 2023 16.4.1.1. By Type 16.4.1.2. By Service Type 16.4.1.3. By End-User 16.5. Germany 16.5.1. Market Share Analysis, 2023 16.5.1.1. By Type 16.5.1.2. By Service Type 16.5.1.3. By End-User 16.6. UK 16.6.1. Market Share Analysis, 2023 16.6.1.1. By Type 16.6.1.2. By Service Type 16.6.1.3. By End-User 16.7. France 16.7.1. Market Share Analysis, 2023 16.7.1.1. By Type 16.7.1.2. By Service Type 16.7.1.3. By End-User 16.8. Spain 16.8.1. Market Share Analysis, 2023 16.8.1.1. By Type 16.8.1.2. By Service Type 16.8.1.3. By End-User 16.9. Italy 16.9.1. Market Share Analysis, 2023 16.9.1.1. By Type 16.9.1.2. By Service Type 16.9.1.3. By End-User 16.10. Poland 16.10.1. Market Share Analysis, 2023 16.10.1.1. By Type 16.10.1.2. By Service Type 16.10.1.3. By End-User 16.11. Russia 16.11.1. Market Share Analysis, 2023 16.11.1.1. By Type 16.11.1.2. By Service Type 16.11.1.3. By End-User 16.12. Czech Republic 16.12.1. Market Share Analysis, 2023 16.12.1.1. By Type 16.12.1.2. By Service Type 16.12.1.3. By End-User 16.13. Romania 16.13.1. Market Share Analysis, 2023 16.13.1.1. By Type 16.13.1.2. By Service Type 16.13.1.3. By End-User 16.14. India 16.14.1. Market Share Analysis, 2023 16.14.1.1. By Type 16.14.1.2. By Service Type 16.14.1.3. By End-User 16.15. Bangladesh 16.15.1. Market Share Analysis, 2023 16.15.1.1. By Type 16.15.1.2. By Service Type 16.15.1.3. By End-User 16.16. Australia 16.16.1. Market Share Analysis, 2023 16.16.1.1. By Type 16.16.1.2. By Service Type 16.16.1.3. By End-User 16.17. New Zealand 16.17.1. Market Share Analysis, 2023 16.17.1.1. By Type 16.17.1.2. By Service Type 16.17.1.3. By End-User 16.18. China 16.18.1. Market Share Analysis, 2023 16.18.1.1. By Type 16.18.1.2. By Service Type 16.18.1.3. By End-User 16.19. Japan 16.19.1. Market Share Analysis, 2023 16.19.1.1. By Type 16.19.1.2. By Service Type 16.19.1.3. By End-User 16.20. South Korea 16.20.1. Market Share Analysis, 2023 16.20.1.1. By Type 16.20.1.2. By Service Type 16.20.1.3. By End-User 16.21. GCC Countries 16.21.1. Market Share Analysis, 2023 16.21.1.1. By Type 16.21.1.2. By Service Type 16.21.1.3. By End-User 16.22. South Africa 16.22.1. Market Share Analysis, 2023 16.22.1.1. By Type 16.22.1.2. By Service Type 16.22.1.3. By End-User 16.23. Israel 16.23.1. Market Share Analysis, 2023 16.23.1.1. By Type 16.23.1.2. By Service Type 16.23.1.3. By End-User 17. Market Structure Analysis 17.1. Competition Dashboard 17.2. Competition Benchmarking 17.3. Market Share Analysis of Top Players 17.3.1. By Regional 17.3.2. By Type 17.3.3. By Service Type 17.3.4. By End-User 18. Competition Analysis 18.1. Competition Deep Dive 18.1.1. Golfasian Co., Ltd. 18.1.1.1. Overview 18.1.1.2. Product Portfolio 18.1.1.3. Profitability by Market Segments 18.1.1.4. Sales Footprint 18.1.1.5. Strategy Overview 18.1.1.5.1. Marketing Strategy 18.1.2. Premier Golf Tours 18.1.2.1. Overview 18.1.2.2. Product Portfolio 18.1.2.3. Profitability by Market Segments 18.1.2.4. Sales Footprint 18.1.2.5. Strategy Overview 18.1.2.5.1. Marketing Strategy 18.1.3. The Haversham and Baker Co. 18.1.3.1. Overview 18.1.3.2. Product Portfolio 18.1.3.3. Profitability by Market Segments 18.1.3.4. Sales Footprint 18.1.3.5. Strategy Overview 18.1.3.5.1. Marketing Strategy 18.1.4. PerryGolf 18.1.4.1. Overview 18.1.4.2. Product Portfolio 18.1.4.3. Profitability by Market Segments 18.1.4.4. Sales Footprint 18.1.4.5. Strategy Overview 18.1.4.5.1. Marketing Strategy 18.1.5. Carr Golf 18.1.5.1. Overview 18.1.5.2. Product Portfolio 18.1.5.3. Profitability by Market Segments 18.1.5.4. Sales Footprint 18.1.5.5. Strategy Overview 18.1.5.5.1. Marketing Strategy 18.1.6. Celtic Golf 18.1.6.1. Overview 18.1.6.2. Product Portfolio 18.1.6.3. Profitability by Market Segments 18.1.6.4. Sales Footprint 18.1.6.5. Strategy Overview 18.1.6.5.1. Marketing Strategy 18.1.7. SGH Golf 18.1.7.1. Overview 18.1.7.2. Product Portfolio 18.1.7.3. Profitability by Market Segments 18.1.7.4. Sales Footprint 18.1.7.5. Strategy Overview 18.1.7.5.1. Marketing Strategy 18.1.8. Golfbreaks Ltd. 18.1.8.1. Overview 18.1.8.2. Product Portfolio 18.1.8.3. Profitability by Market Segments 18.1.8.4. Sales Footprint 18.1.8.5. Strategy Overview 18.1.8.5.1. Marketing Strategy 18.1.9. Golf Tours International 18.1.9.1. Overview 18.1.9.2. Product Portfolio 18.1.9.3. Profitability by Market Segments 18.1.9.4. Sales Footprint 18.1.9.5. Strategy Overview 18.1.9.5.1. Marketing Strategy 18.1.10. Direct Golf Holidays 18.1.10.1. Overview 18.1.10.2. Product Portfolio 18.1.10.3. Profitability by Market Segments 18.1.10.4. Sales Footprint 18.1.10.5. Strategy Overview 18.1.10.5.1. Marketing Strategy 19. Assumptions & Acronyms Used 20. Research Methodology
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