Japan
Golf Industry Market Report provides a comprehensive analysis of the market dynamics of the golf
industry in Japan. The report has highlighted major segments of the golf
industry on the basis of golf events, golf tourism, golf equipment and apparels
market, golf courses and driving ranges market. In golf equipment and apparels
market, the report has discussed market size in terms of value and market
segmentation on the basis of golf clubs, golf balls, golf goods, golf wear and
other golf goods. The report also entails the market share of the major players
in Japan golf equipment and apparels industry. An analysis of the future of golf
equipment and apparels market in Japan is provided on the basis of revenue of
the market over next five years. The report also highlights the golf
infrastructure and number of golfers in Japan.
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| Japan Golf Industry Market |
Japan golf industry recorded a negative CAGR of 2.6% from
2008-2013. The market has experienced a decline in terms of revenues over the
last five years and the revenues generated by the market reached USD ~ million
in 2013 decreasing from USD ~ million in 2008. The major reason for
deterioration in the overall revenue of the industry was due to decline in the
total golf participation rate, allied with the significant drop in the
expenditure pattern per household on the sporting goods and recreational
activities.
Golf economy in Japan consists of golf courses revenues,
driving ranges revenues and sales of golf equipment and apparels. The
contribution of golf courses revenue has declined from ~% in the year 2008 to
~% in 2013. On the other hand, drive range revenue and sales of equipment and
apparels segments have increased within the industry and held a share of ~% and
~% respectively in Japan golf market during 2013.
The golf equipment and apparels market in Japan consists of
golf clubs, golf balls, golf goods, golf wear and other golf goods. While golf
clubs, golf goods, golf wear and other golf goods categories have showcased a steady
growth within the golf equipment and apparels market in the last few years,
there has been a decline in the revenue of golf balls category. Japan golf
clubs market revenue
amounted to USD ~ million in 2013 against USD ~ million in 2010 and registered
a CAGR of 1.1% during the period of 2008-2013. Golf wear has the second largest
share in golf equipment and apparels market in Japan and accounted for ~% share
in the overall market in 2013. In 2013, female golf wear accounted ~% share in
the overall golf wear market revenue while men golf market contributed a share
of ~%.
The market in 2013 was led by the domestic player Dunlop
Sports with ~% contribution to the golf equipment and apparels market revenue. Currently,
the company is marketing three golf brands in Japan, named Srixon, XXIO and
Cleveland. The second leading player in golf equipment and apparels market in
Japan is TaylorMade-Adidas Golf which contributed ~% to the overall revenue of
golf equipment and apparels in 2013. The company generated total revenue of USD
~ million from global sales and USD ~ million from Japan golf equipment and
apparels in 2013. Others brands such as Titleist, Bridgestone, Maruman,
Macgregor, Yonex, Honma, Kasko, PRGR, Katana and others contributed a share of
~% to the overall market in 2013.
Japan has one of
the highest number of golf courses in Asia-Pacific region. However, a negative
CAGR of 0.7% was recorded in the growth of golf courses in Japan during
2008-2013. Pacific Golf Management (PGM) Group has the highest number of golf
courses in Japan, with ~ owned, leased and contracted golf courses. The company
owned around ~% of the total golf courses in Japan in 2008 which has inclined
to ~% in 2013. Japan also has around ~ driving ranges in 2013 which are spread all over the
country. Golf courses and driving ranges have been serving around ~
million golfers, on an average ever year.
Over the next five years, the golf market in Japan is
anticipated to be gloomy. By 2018, golf industry is estimated to reach USD ~
million and thereby registering a negative CAGR of 0.4% over a period of
2014-2018. The dwindling golfers in the country over the next couple of years
are likely to hamper the growth of the market. Nonetheless, focus towards baby
boomer population, creating golf awareness among youth, increasing golf
popularity among female, increase in number of golf tournaments for handicap
and amateurs golfers and golf tourism expansion are few attempts that golf
courses operators and associations are executing to boost the golf enthusiasm
in the country.
Key Topics Covered in
the Report
·
Asia-Pacific Golf Equipment and Apparels Market
Size by Revenue, 2008-2013
·
Asia-Pacific Golf Equipment and Apparels Market
Size by Geography such as China, Japan, Australia and India, 2008-2013
·
Japan Golf Market Size by Revenue, 2008-2013
·
Japan Golf Market Segmentation by Golf Courses
Revenues; Driving Ranges Revenues and Sale of Golf Equipment and Apparels,
2008-2013
·
Market Segmentation of Japan Golf Equipment and
Apparels Market by Products 2010-2013
·
Market Share of Major Players in Golf Equipment
and Apparels Market
·
Trends and Developments in Japan Golf Equipment
and Apparels Market
·
Major Golf Management Groups in Japan
·
SWOT Analysis of Japan Golf Industry
·
Macroeconomic Factors of Japan Golf industry, Current
and Projections
·
Future Outlook and Projections of Japan Golf
Market and Market Segments, 2014-2018
·
Trends and Developments in Asia-Pacific Golf Equipment
and Apparels Market
·
Future Outlook and Projections of Asia-Pacific
Golf Equipment and Apparels Market Size by Geography such as China, Japan,
Australia and India, 2014-2018
Browse and Download Report- http://www.kenresearch.com/consumer-products-and-retail/specialty-retail-products/japan-golf-market-research-report/539-95.html
Contact Person- Ankur Gupta
Contact Email Id- ankur@kenresearch.com
