The report titled “India
Golf Industry Outlook to 2018 – Increasing Golf Real Estate Projects to
Escalate Growth” provides a comprehensive analysis of the market dynamics
of the golf industry in India. The report has highlighted major segments of the
golf industry on the basis of golf events, golf tourism, golf equipment and
apparels market and golf courses development and operation 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 equipment and golf apparels.
The report also entails the market share of major players in India golf
equipment and apparels industry. An analysis of the future of golf equipment
and apparels market in India 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 India.
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| India Golf Industry |
With rising income level of middle income group, growing
purchasing power, rising middle class populace, corporate events, talk shows,
media exposure and greater participation in sport by youth, golf as a sport has
developed remarkably in India in the last couple of years.
Golf on a global level, is a very popular game which is
played by millions of people. Nevertheless, India golf demand in particular, is
merely a fraction in comparison to the global golf industry. Golf industry in
India is at early development stages, which has gained popularity among urban
populace. Along with real estate projects, golf has emerged as a very powerful
industry that has been attracting a large portion of the populace in the country.
On the basis of
percentage, return of investment on standalone golf facilities is usually low.
Thus, from the profit point of view, it is wiser to develop a golf facility
with real estate project. Further, Land obligation for a golf course area
differs by the purpose of it. The average cost to build an 18-hole golf course
in India is approximately USD ~. While a standard Golf Course can be built in
between USD ~ per acre, it does not include any civil building
works.
An
upward transition has been observed in the interest
level for golf especially among young people in the country. This was
mainly due to the affordability and availability of the sport. Historically as
well as in the present times, there has been handful of golfers in India. A
total of ~ golfers and ~ golf courses were recorded in the country in 2013. In
addition to this, currently, India has around ~ golf courses of international
standards. Further, several golf competitions held in the country also drew
significant attention from domestic and international tourists. It has been
found that majority of business & professional purpose tourists played golf
during their trip to India as they considered golf sport as medium to improve
business network in 2013.
The golf equipment and apparels
market was valued at USD ~ million in FY’2014 which has inclined from USD ~
million in FY’2008, registering a CAGR of 8% over a period of FY’2008-FY’2014.
The market has recorded revenue of USD ~ million in FY’2007. The market
has grown at a rate of ~% over the period of FY’2007- FY’2013 while ~% growth
rate was witnessed from FY’2010-FY’2013. Golf clubs and balls has been the
major contributor to the golf equipment and apparels market in India with a
share of approximately ~% in FY’2014 and value sales of USD ~ million as of
FY’2014. In FY’2013, the most selling club was drivers, which held a share of
~% to the Indian golf clubs market. Further, the
sale through India online golf retail market has recorded a share of ~% in
FY’2014 to the golf equipment and apparels market in India. The concept of online
golf retailing was introduced in the last couple of years in the Indian market.
India golf equipment and apparels market is concentrated by
international players which includes Callaway Golf India, TaylorMade Golf,
Titleist, Nike and Ping. The market is led by TaylorMade- Adidas India which
accounted for a share of approximately ~% in Indian golf equipment and apparels
market in FY’2013. Nevertheless, the structural changes in
the management and the decision to shut their direct operations of
TaylorMade-Adidas in the Indian market, has drastically declined the revenue
growth of the industry during the year 2013. This in turn provided impetus to
Callaway golf, which captured a significant market position in golf industry in
India and has emerged as the largest seller of golf equipment in the domestic
market in FY’2014, with a share of ~% to the market. In near term, the market
of golf equipment and apparels market in
the country is anticipated to reach USD ~ million in FY’2019 from USD ~ million in FY’2014, thus growing at
a CAGR of ~% during FY’2015-FY’2019.
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 India
Golf industry
·
Overview of India Golf Course Development and
Operations Market, India Golf Tourism Market and
India Golf Events Market
·
India Golf Equipment and Apparels Market Size by
Revenue, FY’2008-FY’2014
·
Market Segmentation of India Golf Equipment and
Apparels Market by Products and Distribution Channel, FY’2008-FY’2014
·
Trends and Developments in India Golf Equipment
and Apparels Market
·
Market Share of Major Players in Golf Equipment
and Apparels Market
·
Future Outlook and Projections of India Golf
Equipment and Apparels Market, FY’2015-FY’2019
·
Top Golf Courses in India, 2013
·
SWOT Analysis of India Golf Industry
·
Macroeconomic Factors of India Golf industry
·
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
TABLE OF
CONTENTS
1. Asia-Pacific Golf Industry Introduction
2. Asia Pacific Golf Equipment and
Apparels Market Size, 2008-2013
3. Asia Pacific Golf Equipment and
Apparels Market Segmentation, 2008-2013
3.1. By Golf Equipment and Golf Apparel and
Accessories, 2013
3.1.1. Asia-Pacific Golf Equipment Market Overview,
2013
3.1.2. Asia-Pacific Golf Apparels Market Overview,
2013
3.2. By Geography (Japan, China, Australia,
India), 2008-2013
4. India Golf Industry Introduction
5. India Golf Course Development and
Operations Market Overview
6. India Golf Tourism Market Overview
7. India Golf Events Market Overview
8. India Golf Equipment and Apparels
Market Introduction
8.1. India Golf Equipment and Apparels Market
Size by Revenue, FY’2008-2014
8.2. India Golf Equipment and Apparels Market
Segmentation by Products, FY’2008-FY’2014
8.3. India Golf Equipment and Apparels Market
Segmentation by Distribution Channel, FY’2013 & FY’2014
8.4. Price Analysis of Golf Equipment by Brands
in India
8.5. Market Share of Major Players in India
Golf Equipment and Apparels Market, FY2013
8.6. India Golf Equipment and Apparels Market:
Trends and Developments
International
Brands Seeking Entry into Indian Market
Promotion of
Golf in Schools and Opening of Golf Academy
Introduction
of Golf Leagues to Boost Golf Sports Sector in India
Budding
Awareness of Fitness in India
8.6.1. India Golf Equipment and Apparels Market
Future Outlook and Future Projections, FY’2015-FY’2019
9. Analysis of Golf Infrastructure in
India
9.1. Number of Golf Courses in India, 2008-
2013
9.2. Distribution of Golf Courses, 2013
9.2.1. By Availability Zone, 2013
9.2.2. By Private, Public and Resort Golf Courses,
2013
9.2.3. By Different Zones, 2013
9.2.4. By Types (Hill Station, International
Standard, Tea Garden and Signature Golf Courses), 2013
9.2.5. By Size (9- Hole, 18-Hole and 27-Hole Golf
Courses), 2013
9.2.6. By States, 2013
9.3. Golfer’s Population in India, 2013
9.3.1. By Armed Forces and Civilian Population, 2013
9.3.2. By Gender, 2013
9.3.3. By Age Group, 2013
9.4. Top Golf Courses in India, 2013
10. India Golf Industry Market: SWOT Analysis
11. India Golf Industry Macroeconomic
Factors: Historicals and Projections
11.1. Population of India, 2008-2018
11.2. Consumer Spending on Recreational Activity,
FY’2008-FY’2018
11.3. Inflation in India (%), 2011-2014
11.4. Exchange Rate of Indian Rupee Compared to
the US Dollar, FY’2008-FY’2013
11.5. India Real Estate Market Size by Revenue,
FY’2008-FY’2018
12. Asia Pacific Golf Industry: Trends and
Developments
Burgeoning
Online Market for Golf Equipment and Apparels
Popularity
of Golf is Growing in North Asian Countries
Large Number
of Golf Courses in Asia- Pacific Region
Golfer
Population in Asia-Pacific Region (Trend Analysis)
Increasing
Women Participation Rate
Advent of
Golf Clubs Technologies
Short Golf
Game Strategy
Golf Gaming
Technologies
13. Asia Pacific Golf Equipment and Apparels
Market Future Outlook and Future Projections, 2014-2019
13.1. By Geography (Japan, China, Australia,
India), 2014-2018
13.2. Cause and Effect Relationship Between
Industry Factors and the Asia-Pacific Golf Equipment and Apparels Market
Prospects
14. Appendix
14.1. Market Definitions
14.2. Abbreviations
14.3. Research Methodology
Data
Collection Methods
Approach
Variables
(Dependent and Independent)
Multi Factor
Based Sensitivity Model
Final
Conclusion
14.4. Disclaimer
