NEW YORK, March 16, 2023 /PRNewswire/ — The size of the golf apparel, footwear, and accessories market in US is estimated to grow by USD 1,265.96 million from 2022 to 2027, according to Technavio. The market is expected to grow at a CAGR of 5.18% during the forecast period. However, the growth momentum will accelerate. The increase in women participants is notably driving the market growth. Women across the world are actively taking part in various sports globally, with a decreasing disparity in the number of male and female athletes. Various organizations run promotional campaigns to promote women in sports. Such initiatives are expected to increase the number of women participants. Take action now and gain valuable insights into the impact of the US crisis with our comprehensive analysis report- Talk to us
Technological advances in golf sports and products are a key trend in the market. The use of technology helps players get better at golf. Some examples of this include the redesign of golf clubs, the use of positioning system devices, and the adoption of swing analysis. New styles of clothes are being designed to help improve their stance and alignment. Vendors are using advanced technologies and materials to produce golf clothing. Such innovations will help golfers play in any weather condition. Thus, the demand for golf apparel is expected to increase during the forecast period.
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- Special coverage on the Russia–Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession
- Global competitiveness and key competitor positions
- Market presence across multiple geographical footprints – Strong/active/niche/trivial – Buy the report!
Golf apparel, footwear, and accessories market in US – Segmentation assessment
Segment overview
Technavio has segmented the market based on distribution channel (offline and online), end-user (men, women, and children), and product (apparel, footwear, and accessories).
- The market share growth of the offline segment will be significant during the forecast period. The offline distribution channel includes different retail formats such as specialty and sports stores, hypermarkets, supermarkets, departmental stores, outlets, and warehouse clubs. The expansion of sports stores by key vendors will drive the growth of this segment. Vendors are focusing on increasing their geographic presence by collaborating with large retail outlets. Therefore, the high popularity of these stores is expected to aid the sales of golf apparel, footwear, and accessories.
Insights on the market contribution of various segments (2023 to 2027) – Download a
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Golf apparel, footwear, and accessories market in US – Major challenges
- The threat of counterfeit golf products is challenging the market growth.
- Counterfeit golf bags are made using low-cost materials.
- In addition, most of these products are of inferior quality when compared to their genuine counterparts.
- As a result, counterfeit products impact golf accessory, apparel, and footwear businesses significantly.
- This, in turn, harms the reputation and lowers the profits of legitimate businesses.
- Many counterfeit golf products are sold on online retail platforms and auction websites.
- Therefore, the increasing digitization and the growth in e-commerce platforms can increase penetration of counterfeit products.
- These factors will impede the market growth during the forecast period.
Insights on market challenges, historic period (2017 to 2021), and forecast period (2023
to 2027) – Request a sample report!
What are the key data covered in this report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the growth of the golf apparel, footwear, and accessories market in US between 2023 and 2027
- Precise estimation of the size of the golf apparel, footwear, and accessories market in US and its contribution to the parent market
- Accurate predictions about upcoming trends and changes in consumer behavior
- A thorough analysis of the market’s competitive landscape and detailed information about vendors
- Comprehensive analysis of factors that will challenge the growth of vendors
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Related Reports:
The golf equipment market is estimated to decline at a CAGR of 2.77% between 2022 and 2027. The size of the market is forecasted to increase by USD 1,418.41 million. This report extensively covers market segmentation by product (golf clubs, golf balls, golf shoes, and golf bags), distribution channel (offline and online), and geography (North America, APAC, Europe, Middle East and Africa, and South America).
The golf clubs market is estimated to grow at a CAGR of 2.7% between 2022 and 2027. The size of the market is forecasted to increase by USD 715.32 million. This report extensively covers market segmentation by application (leisure and professional), product (woods, irons, putters, and wedges), and geography (North America, Europe, APAC, South America, and Middle East and Africa).
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Golf Apparel, Footwear, And Accessories Market In US Scope |
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Report Coverage |
Details |
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Base year |
2022 |
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Historic period |
2017-2021 |
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Forecast period |
2023-2027 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 5.18% |
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Market growth 2023-2027 |
USD 1,265.96 million |
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Market structure |
Fragmented |
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YoY growth 2022-2023 (%) |
4.62 |
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Competitive landscape |
Leading vendors, market positioning of vendors, competitive strategies, and industry risks |
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Key companies profiled |
Acuity Brands Inc., Advanced Lighting Technologies LLC, ams OSRAM AG, Dialight Plc, Eaton Corp. Plc, ELBA SA, Emerson Electric Co., General Electric Co., Hubbell Inc., IDEAL INDUSTRIES Inc., Iwasaki Electric Co. Ltd., Leedarson IoT Technology Inc., Legrand SA, LG Corp., LSI Industries Inc., Luminus Inc., Nichia Corp., Panasonic Holdings Corp., Signify NV, and Schneider Electric SE |
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Market dynamics |
Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Browse for Technavio Consumer Discretionary Market reports
Table of contents
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Country Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market Segmentation by Distribution Channel
- Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Product
- Exhibit 07: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 08: Parent market
- Exhibit 09: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 10: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 11: Market segments
- 3.4 Market outlook: Forecast for 2022-2027
- Exhibit 12: Chart on US – Market size and forecast 2022-2027 ($ million)
- Exhibit 13: Data Table on US – Market size and forecast 2022-2027 ($ million)
- Exhibit 14: Chart on US: Year-over-year growth 2022-2027 (%)
- Exhibit 15: Data Table on US: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
- 4.1 Golf apparel, footwear, and accessories market in US 2017 – 2021
- Exhibit 16: Historic Market Size – Data Table on Golf apparel, footwear, and accessories market in US 2017 – 2021 ($ million)
- 4.2 Distribution channel Segment Analysis 2017 – 2021
- Exhibit 17: Historic Market Size – Distribution channel Segment 2017 – 2021 ($ million)
- 4.3 End-user Segment Analysis 2017 – 2021
- Exhibit 18: Historic Market Size – End-user Segment 2017 – 2021 ($ million)
- 4.4 Product Segment Analysis 2017 – 2021
- Exhibit 19: Historic Market Size – Product Segment 2017 – 2021 ($ million)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 20: Five forces analysis – Comparison between 2022 and 2027
- 5.2 Bargaining power of buyers
- Exhibit 21: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
- 5.3 Bargaining power of suppliers
- Exhibit 22: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
- 5.4 Threat of new entrants
- Exhibit 23: Threat of new entrants – Impact of key factors in 2022 and 2027
- 5.5 Threat of substitutes
- Exhibit 24: Threat of substitutes – Impact of key factors in 2022 and 2027
- 5.6 Threat of rivalry
- Exhibit 25: Threat of rivalry – Impact of key factors in 2022 and 2027
- 5.7 Market condition
- Exhibit 26: Chart on Market condition – Five forces 2022 and 2027
6 Market Segmentation by Distribution Channel
- 6.1 Market segments
- Exhibit 27: Chart on Distribution Channel – Market share 2022-2027 (%)
- Exhibit 28: Data Table on Distribution Channel – Market share 2022-2027 (%)
- 6.2 Comparison by Distribution Channel
- Exhibit 29: Chart on Comparison by Distribution Channel
- Exhibit 30: Data Table on Comparison by Distribution Channel
- 6.3 Offline – Market size and forecast 2022-2027
- Exhibit 31: Chart on Offline – Market size and forecast 2022-2027 ($ million)
- Exhibit 32: Data Table on Offline – Market size and forecast 2022-2027 ($ million)
- Exhibit 33: Chart on Offline – Year-over-year growth 2022-2027 (%)
- Exhibit 34: Data Table on Offline – Year-over-year growth 2022-2027 (%)
- 6.4 Online – Market size and forecast 2022-2027
- Exhibit 35: Chart on Online – Market size and forecast 2022-2027 ($ million)
- Exhibit 36: Data Table on Online – Market size and forecast 2022-2027 ($ million)
- Exhibit 37: Chart on Online – Year-over-year growth 2022-2027 (%)
- Exhibit 38: Data Table on Online – Year-over-year growth 2022-2027 (%)
- 6.5 Market opportunity by Distribution Channel
- Exhibit 39: Market opportunity by Distribution Channel ($ million)
7 Market Segmentation by End-user
- 7.1 Market segments
- Exhibit 40: Chart on End-user – Market share 2022-2027 (%)
- Exhibit 41: Data Table on End-user – Market share 2022-2027 (%)
- 7.2 Comparison by End-user
- Exhibit 42: Chart on Comparison by End-user
- Exhibit 43: Data Table on Comparison by End-user
- 7.3 Men – Market size and forecast 2022-2027
- Exhibit 44: Chart on Men – Market size and forecast 2022-2027 ($ million)
- Exhibit 45: Data Table on Men – Market size and forecast 2022-2027 ($ million)
- Exhibit 46: Chart on Men – Year-over-year growth 2022-2027 (%)
- Exhibit 47: Data Table on Men – Year-over-year growth 2022-2027 (%)
- 7.4 Women – Market size and forecast 2022-2027
- Exhibit 48: Chart on Women – Market size and forecast 2022-2027 ($ million)
- Exhibit 49: Data Table on Women – Market size and forecast 2022-2027 ($ million)
- Exhibit 50: Chart on Women – Year-over-year growth 2022-2027 (%)
- Exhibit 51: Data Table on Women – Year-over-year growth 2022-2027 (%)
- 7.5 Children – Market size and forecast 2022-2027
- Exhibit 52: Chart on Children – Market size and forecast 2022-2027 ($ million)
- Exhibit 53: Data Table on Children – Market size and forecast 2022-2027 ($ million)
- Exhibit 54: Chart on Children – Year-over-year growth 2022-2027 (%)
- Exhibit 55: Data Table on Children – Year-over-year growth 2022-2027 (%)
- 7.6 Market opportunity by End-user
- Exhibit 56: Market opportunity by End-user ($ million)
8 Market Segmentation by Product
- 8.1 Market segments
- Exhibit 57: Chart on Product – Market share 2022-2027 (%)
- Exhibit 58: Data Table on Product – Market share 2022-2027 (%)
- 8.2 Comparison by Product
- Exhibit 59: Chart on Comparison by Product
- Exhibit 60: Data Table on Comparison by Product
- 8.3 Apparel – Market size and forecast 2022-2027
- Exhibit 61: Chart on Apparel – Market size and forecast 2022-2027 ($ million)
- Exhibit 62: Data Table on Apparel – Market size and forecast 2022-2027 ($ million)
- Exhibit 63: Chart on Apparel – Year-over-year growth 2022-2027 (%)
- Exhibit 64: Data Table on Apparel – Year-over-year growth 2022-2027 (%)
- 8.4 Footwear – Market size and forecast 2022-2027
- Exhibit 65: Chart on Footwear – Market size and forecast 2022-2027 ($ million)
- Exhibit 66: Data Table on Footwear – Market size and forecast 2022-2027 ($ million)
- Exhibit 67: Chart on Footwear – Year-over-year growth 2022-2027 (%)
- Exhibit 68: Data Table on Footwear – Year-over-year growth 2022-2027 (%)
- 8.5 Accessories – Market size and forecast 2022-2027
- Exhibit 69: Chart on Accessories – Market size and forecast 2022-2027 ($ million)
- Exhibit 70: Data Table on Accessories – Market size and forecast 2022-2027 ($ million)
- Exhibit 71: Chart on Accessories – Year-over-year growth 2022-2027 (%)
- Exhibit 72: Data Table on Accessories – Year-over-year growth 2022-2027 (%)
- 8.6 Market opportunity by Product
- Exhibit 73: Market opportunity by Product ($ million)
9 Customer Landscape
- 9.1 Customer landscape overview
- Exhibit 74: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
10 Drivers, Challenges, and Trends
- 10.3 Impact of drivers and challenges
- Exhibit 75: Impact of drivers and challenges in 2022 and 2027
11 Vendor Landscape
- 11.2 Vendor landscape
- Exhibit 76: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 77: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 78: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 79: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 80: Matrix on vendor position and classification
- 12.3 Acuity Brands Inc.
- Exhibit 81: Acuity Brands Inc. – Overview
- Exhibit 82: Acuity Brands Inc. – Business segments
- Exhibit 83: Acuity Brands Inc. – Key news
- Exhibit 84: Acuity Brands Inc. – Key offerings
- Exhibit 85: Acuity Brands Inc. – Segment focus
- 12.4 Advanced Lighting Technologies LLC
- Exhibit 86: Advanced Lighting Technologies LLC – Overview
- Exhibit 87: Advanced Lighting Technologies LLC – Product / Service
- Exhibit 88: Advanced Lighting Technologies LLC – Key offerings
- 12.5 ams OSRAM AG
- Exhibit 89: ams OSRAM AG – Overview
- Exhibit 90: ams OSRAM AG – Business segments
- Exhibit 91: ams OSRAM AG – Key offerings
- Exhibit 92: ams OSRAM AG – Segment focus
- 12.6 Dialight Plc
- Exhibit 93: Dialight Plc – Overview
- Exhibit 94: Dialight Plc – Business segments
- Exhibit 95: Dialight Plc – Key offerings
- Exhibit 96: Dialight Plc – Segment focus
- 12.7 Eaton Corp. Plc
- Exhibit 97: Eaton Corp. Plc – Overview
- Exhibit 98: Eaton Corp. Plc – Business segments
- Exhibit 99: Eaton Corp. Plc – Key news
- Exhibit 100: Eaton Corp. Plc – Key offerings
- Exhibit 101: Eaton Corp. Plc – Segment focus
- 12.8 General Electric Co.
- Exhibit 102: General Electric Co. – Overview
- Exhibit 103: General Electric Co. – Business segments
- Exhibit 104: General Electric Co. – Key news
- Exhibit 105: General Electric Co. – Key offerings
- Exhibit 106: General Electric Co. – Segment focus
- 12.9 IDEAL INDUSTRIES Inc.
- Exhibit 107: IDEAL INDUSTRIES Inc. – Overview
- Exhibit 108: IDEAL INDUSTRIES Inc. – Product / Service
- Exhibit 109: IDEAL INDUSTRIES Inc. – Key offerings
- 12.10 Leedarson IoT Technology Inc.
- Exhibit 110: Leedarson IoT Technology Inc. – Overview
- Exhibit 111: Leedarson IoT Technology Inc. – Product / Service
- Exhibit 112: Leedarson IoT Technology Inc. – Key offerings
- 12.11 Legrand SA
- Exhibit 113: Legrand SA – Overview
- Exhibit 114: Legrand SA – Business segments
- Exhibit 115: Legrand SA – Key news
- Exhibit 116: Legrand SA – Key offerings
- Exhibit 117: Legrand SA – Segment focus
- 12.12 LG Corp.
- Exhibit 118: LG Corp. – Overview
- Exhibit 119: LG Corp. – Business segments
- Exhibit 120: LG Corp. – Key offerings
- Exhibit 121: LG Corp. – Segment focus
- 12.13 Luminus Inc.
- Exhibit 122: Luminus Inc. – Overview
- Exhibit 123: Luminus Inc. – Product / Service
- Exhibit 124: Luminus Inc. – Key offerings
- 12.14 Nichia Corp.
- Exhibit 125: Nichia Corp. – Overview
- Exhibit 126: Nichia Corp. – Product / Service
- Exhibit 127: Nichia Corp. – Key offerings
- 12.15 Panasonic Holdings Corp.
- Exhibit 128: Panasonic Holdings Corp. – Overview
- Exhibit 129: Panasonic Holdings Corp. – Business segments
- Exhibit 130: Panasonic Holdings Corp. – Key news
- Exhibit 131: Panasonic Holdings Corp. – Key offerings
- Exhibit 132: Panasonic Holdings Corp. – Segment focus
- 12.16 Schneider Electric SE
- Exhibit 133: Schneider Electric SE – Overview
- Exhibit 134: Schneider Electric SE – Business segments
- Exhibit 135: Schneider Electric SE – Key news
- Exhibit 136: Schneider Electric SE – Key offerings
- Exhibit 137: Schneider Electric SE – Segment focus
- 12.17 Signify NV
- Exhibit 138: Signify NV – Overview
- Exhibit 139: Signify NV – Business segments
- Exhibit 140: Signify NV – Key news
- Exhibit 141: Signify NV – Key offerings
- Exhibit 142: Signify NV – Segment focus
13 Appendix
- 13.2 Inclusions and exclusions checklist
- Exhibit 143: Inclusions checklist
- Exhibit 144: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 145: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 146: Research methodology
- Exhibit 147: Validation techniques employed for market sizing
- Exhibit 148: Information sources
- 13.5 List of abbreviations
- Exhibit 149: List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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