Market Overview:
The global golf sports tourism market is expected to register a CAGR of 5.8% during the forecast period, 2018-2030. The market growth can be attributed to the increasing popularity of golf as a leisure activity and its growing demand as a sport tourism destination. Additionally, the rising disposable income and improving infrastructure are also contributing to the growth of this market. On the basis of type, event sport tourism is expected to account for a major share in the global golf sports tourism market during 2018-2030. This can be attributed to various international tournaments organized each year that attract tourists from all over the world. Active sport tourism is projected to grow at highest CAGR during forecast period owing to increasing number of health-conscious people who prefer engaging in outdoor activities such as golfing for recreation and fitness purposes. Regionally, North America dominates the global golf sports tourism market with maximum revenue share contribution followed by Europe and Asia Pacific respectively in 2018; however, Asia Pacific is anticipated exhibit highest CAGR over next 10 years owing growing interest among tourists for playing this game in exotic locations such as Thailand, Japan.
Product Definition:
Golf is a sport that is played by hitting a small, hard ball with a club into a hole in the ground, using only the clubs to advance the ball. Golf sports tourism is where people travel to different places to play golf. The importance of golf sports tourism is that it can help boost economies by bringing in money from people who travel to play golf. It can also help create jobs in the areas where golf courses are located.
Event Sport Tourism:
Event sport tourism is a type of sports tourism that involves visiting sporting events such as football, rugby, tennis, golf and other events. It also includes attending promotional activities for the event. The main drivers of this market are increasing number of sports fans around the world and rising disposable income levels in developing countries like India & China among others.
Nostalgia Sport Tourism:
Nostalgia sport tourism is a type of leisure travel that focuses on the shared experiences of old-style sports and recreational activities. The concept was first introduced in Europe, especially in France, which has been an early adopter of this market. Golf has been identified as one of the most popular sports for nostalgics across the world.
Application Insights:
The international segment dominated the global golf sports tourism market in 2017, accounting for over 70.0% share of the total revenue. The growth of this segment can be attributed to a rise in number of high-end hotels and resorts constructed across various destinations within the Asia Pacific and Middle East regions, especially countries such as China, India and Thailand which are popular for their golf courses. Moreover, countries such as Australia have been focusing on developing world class golf courses to increase their appeal among tourists which is expected to drive demand over the forecast period.
The domestic segment is projected to witness significant growth during the forecast period owing to increasing popularity of mini-golf courses at resorts along with availability of cheap air tickets due to growing population resulting in increased penetration rate compared with other leisure activities including tennis and basketball courts or stadiums at a lower cost thereby making it affordable for an average consumer who prefers spending vacations at home rather than abroad.
Regional Analysis:
North America dominated the global market in 2017. The U.S., in particular, is a key revenue-generator for the regional market owing to the presence of a large number of golf courses and resorts across Florida, California, New York and Arizona. Europe also held a significant share of global revenue generation in 2017 due to high popularity of golf as an English sport with strong roots dating back to medieval times (13th century).
Asia Pacific is expected to witness substantial growth over the forecast period owing to increasing disposable income levels among middle-class populations along with rapid development taking place within emerging economies such as India and China.
Growth Factors:
- Increasing popularity of golf as a sport
- Rising disposable income of the middle-class population in developing countries
- Proliferation of golf courses and resorts around the world
- Growing demand for luxury travel and leisure activities
- Expansion of global events such as the Ryder Cup, PGA Championship, and The Masters
Scope Of The Report
Report Attributes
Report Details
Report Title
Golf Sports Tourism Market Research Report
By Type
Event Sport Tourism, Nostalgia Sport Tourism, Active Sport Tourism
By Application
Domestic, International
By Companies
Golfasian, Golfbreaks, PerryGolf, SGH Golf, Your Golf Travel
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
125
Number of Tables & Figures
88
Customization Available
Yes, the report can be customized as per your need.
Global Golf Sports Tourism Market Report Segments:
The global Golf Sports Tourism market is segmented on the basis of:
Types
Event Sport Tourism, Nostalgia Sport Tourism, Active Sport Tourism
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Domestic, International
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Golfasian
- Golfbreaks
- PerryGolf
- SGH Golf
- Your Golf Travel
Highlights of The Golf Sports Tourism Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Event Sport Tourism
- Nostalgia Sport Tourism
- Active Sport Tourism
- By Application:
- Domestic
- International
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Golf Sports Tourism Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Golf sports tourism is the travel industry that specializes in golf-related activities such as golfing, playing golf courses, and visiting related tourist attractions.
Some of the major players in the golf sports tourism market are Golfasian, Golfbreaks, PerryGolf, SGH Golf, Your Golf Travel.
The golf sports tourism market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Golf Sports Tourism Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Golf Sports Tourism Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Golf Sports Tourism Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Golf Sports Tourism Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Golf Sports Tourism Market Size & Forecast, 2020-2028
4.5.1 Golf Sports Tourism Market Size and Y-o-Y Growth
4.5.2 Golf Sports Tourism Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Event Sport Tourism
5.2.2 Nostalgia Sport Tourism
5.2.3 Active Sport Tourism
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Domestic
6.2.2 International
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Golf Sports Tourism Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Golf Sports Tourism Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Event Sport Tourism
9.6.2 Nostalgia Sport Tourism
9.6.3 Active Sport Tourism
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Domestic
9.10.2 International
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Event Sport Tourism
10.6.2 Nostalgia Sport Tourism
10.6.3 Active Sport Tourism
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Domestic
10.10.2 International
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Event Sport Tourism
11.6.2 Nostalgia Sport Tourism
11.6.3 Active Sport Tourism
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Domestic
11.10.2 International
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Event Sport Tourism
12.6.2 Nostalgia Sport Tourism
12.6.3 Active Sport Tourism
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Domestic
12.10.2 International
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Event Sport Tourism
13.6.2 Nostalgia Sport Tourism
13.6.3 Active Sport Tourism
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Domestic
13.10.2 International
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Golf Sports Tourism Market: Competitive Dashboard
14.2 Global Golf Sports Tourism Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Golfasian
14.3.2 Golfbreaks
14.3.3 PerryGolf
14.3.4 SGH Golf
14.3.5 Your Golf Travel
