Australia Golf
Industry Market Report provides a comprehensive analysis of the market dynamics of the golf industry
in Australia. The report has highlighted major segments of the golf industry on
the basis of golf events, golf tourism and golf equipment and apparels market. The
report has discussed golf equipment and apparels market size in terms of value
and market segmentation of on the basis of golf clubs, golf balls, golf
apparels, golf shoes, golf bags and golf gloves. The report also entails the competitive
landscape of major players in Australia golf equipment and apparels market. An
analysis of the future of golf equipment and apparels market in Australia 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 Australia.
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| Australia Golf Industry Market |
The golf economy in Australia was USD ~ million in 2008 and
has been constantly shrinking in terms of the market size in the last six years
due to declining golf participation rate all over the country. Previously golf which
was considered as a growing industry in Australia, has now been facing sudden
changes in terms of the consumer choices, competition from new and high quality
commercial golf courses among real estate developers and rivalry among various
golf facilities for equity based membership, which hampered the participation
rate of people in golf and golf industry size in Australia.
Australia has
positioned itself as a ‘golfing mecca’ in order to push its tourism industry as
well as golf tourism. Top 6 golf courses of Australia in order to drive the future
golf demand in the nation had formed alliance with Tourism Australia in 2011.
It was projected that total Australia golf tourism market revenue was worth USD ~ million in 2008.
The golf equipment and
apparel market has undergone certain transition with the changing golfers’
demography in the country. Over the last six years, golf equipment and
apparels market have showcased down trends and
registered a negative CAGR of ~% from 2008-2013. Golf equipment and
apparels market in Australia is a mature market and comprises of golf clubs,
golf balls, golf shoes, apparels, bags and golf gloves. The domestic market for
golf equipment and apparels has recorded revenue worth USD ~ million in 2013,
which has fallen from USD ~ million in 2008. The demand for golf equipment has
always been higher among the ageing golfers populace. Thus, over the years,
Australia golf equipment and apparels market was driven by baby boomer
population.
Golf industry has drastically come under distress which has
left numerous golf clubs in Australia under financial constraints and
challenges since the year 2000. At present, the country recorded ~ golf
courses/clubs in 2013, which has inclined from ~ courses in 2008. New South Wales/ Australian Capital Territory region
contributed a share of ~% to the total golf clubs in Australia in 2013. In
2013, golfer population in Australia was estimated ~ (above the age of 15
years), which has declined marginally in comparison to ~ in 2008 and thereby
registering a flat CAGR from 2008-2013. Male golfers’ population accounted a
share of ~% in the total golfers’ population in Australia in 2013. Majority of golf
involvement belongs to age group of 55 years and over, with nearly ~% share of
the national golfer’s population in 2013.
Golf clubs held the dominant share of ~% in the overall golf
equipment and apparel market in Australia and generated revenue worth USD ~ million
in 2013 in contrast to USD ~ million in 2008. The major golf brands, which
directly and indirectly operating the country are Callaway Golf, Ping Golf,
TaylorMade- Adidas, Oakley, Bridgestone Golf, Odyssey, Nike golf, Adam Golf, Wilson
Staff, Cleveland, Mizuno Golf and Titleist. However, the most dominant brands
include Callaway Golf, Ping, TaylorMade-Adidas and Titleist in Australia. Australia
golf equipment and apparels market is projected to witness a negative growth in
all the product segments except in golf apparels in the next five years. The
market is likely to reach USD ~ million by 2018 from USD ~ million in 2013, and
will thereby register a negative CAGR of 2.7% from 2014-2018.
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
- Introduction of Australia Golf industry
- Overview of Australia Golf Tourism Market and Australia Golf Events Market
- Australia Golf Equipment and Apparels Market Size by Revenue, 2008-2013
- Market Segmentation of Australia Golf Equipment and Apparels Market by Products, 2008-2013
- Trends and Developments in Australia Golf Equipment and Apparels Market
- Future Outlook and Projections of Australia Golf Equipment and Apparels Market, 2014-2018
- Analysis of Golf Infrastructure in Australia
- SWOT Analysis of Australia Golf Industry
- Macroeconomic Factors of Australia Golf industry, Historical and Projected
- 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/australia-golf-market-research-report/536-95.html
Contact Person- Ankur Gupta
Contact Email Id- ankur@kenresearch.com
