Market Overview:
The global international golf tourism market is expected to register a CAGR of 6.5% during the forecast period, 2018-2030. The market growth can be attributed to the increasing number of golf tournaments and rising demand for leisure travel. In terms of type, the leisure tourism segment is anticipated to lead the global market during the forecast period. This can be attributed to an increase in personal travel and group travel for enjoying golfing holidays across different parts of the world. Among regions, Asia Pacific is projected to witness highest growth rate over the forecast period owing to growing popularity of golf as a recreational activity among people in countries such as China and Japan. Some key players operating in this market include ClubLink Corporation, Marriott International Inc., Hilton Worldwide Holdings Inc., IHG plc., Accor SA, Wyndham Destinations Inc.
Product Definition:
International Golf Tourism is the act of travelling to a foreign country for the primary purpose of playing golf. The importance of International Golf Tourism cannot be overstated, as it provides a significant boost to local economies, and helps to promote awareness and appreciation for different cultures around the world.
Leisure Tourism:
Leisure tourism is a form of travel where the main purpose is to enjoy and do not require any work or business related activities. It includes tourists who are traveling for leisure, personal purposes, and those who are on a business trip. The majority of the people in this category are adults from western countries such as Germany, France, U.K., etc., but it also includes many children & students from schools and colleges going on vacation for educational purposes every year across the world.
Tournament Tourism:
TOURNAMENT TURNOVER is the total number of golfers that played a golf course in a given time period. It can be used as an indicator for the popularity of a golf course and it's success rate based on how many people want to play it, but can also be used as an important parameter for deciding where to spend our vacation.
Golf tourism has been growing at a steady pace over the past few years.
Application Insights:
The group travel segment accounted for the largest share of over 50.0% in 2017 and is anticipated to maintain its lead over the forecast period. Group travel is particularly popular among corporate golfers as they can avail of discounts offered by various organizations on courses when accompanied by a minimum number of employees. Moreover, companies provide free or discounted green fees for their employees who take them on group tours, thereby driving demand from international golf tourism market.
Tournament tourism is expected to register significant growth over the forecast period owing to an increase in participation at junior level and rise in popularity of professional tournaments such as U.S Open and The Open Championship which are held annually across different parts of world including Australia, New Zealand and Asia Pacific region since early 1900s along with other less known events such as Irish Open (Ireland), French Open (France) ItalianOpen (Italy) etc.
Regional Analysis:
Europe dominated the global market in 2017. The region is expected to continue its dominance over the forecast period. Europe has been hosting several tournaments on a regular basis and has also played an important role in promoting golf as a sport, which will help it retain its position during the forecast period.
Asia Pacific is anticipated to be one of the fastest-growing regions from 2018 to 2030 owing to increasing participation rates across emerging economies such as China and India, thereby boosting revenue generation for operators within this region.
Growth Factors:
- Increasing popularity of golf as a leisure activity
- Rising disposable income of the middle-class population
- Proliferation of golf courses and resorts around the world
- Growing number of international tournaments and championships
- Improved infrastructure and facilities for golf tourism
Scope Of The Report
Report Attributes
Report Details
Report Title
International Golf Tourism Market Research Report
By Type
Leisure Tourism, Tournament Tourism, Business Tourism
By Application
Group Travel, Personal travel
By Companies
Your Golf Travel, Golfbreaks, Golf Plaisir, EasyGolf Worldwide Australia, Golfasian, Classic Golf Tours, Premier Golf, Carr Golf, PerryGolf, Haversham & Baker, Emirates Holidays, Caribbean Golf & Tours, Golf Holidays Direct, SouthAmerica.travel, Ascot Golf Tours
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
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global International Golf Tourism Market Report Segments:
The global International Golf Tourism market is segmented on the basis of:
Types
Leisure Tourism, Tournament Tourism, Business 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
Group Travel, Personal travel
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:
- Your Golf Travel
- Golfbreaks
- Golf Plaisir
- EasyGolf Worldwide Australia
- Golfasian
- Classic Golf Tours
- Premier Golf
- Carr Golf
- PerryGolf
- Haversham & Baker
- Emirates Holidays
- Caribbean Golf & Tours
- Golf Holidays Direct
- SouthAmerica.travel
- Ascot Golf Tours
Highlights of The International Golf 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:
- Leisure Tourism
- Tournament Tourism
- Business Tourism
- By Application:
- Group Travel
- Personal travel
- 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 International Golf 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
- Market Entry Strategies
- Business Expansion Strategies
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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?
International Golf Tourism is the travel industry that specializes in golf-related tourism. This includes both domestic and international trips to play golf.
Some of the major players in the international golf tourism market are Your Golf Travel, Golfbreaks, Golf Plaisir, EasyGolf Worldwide Australia, Golfasian, Classic Golf Tours, Premier Golf, Carr Golf, PerryGolf, Haversham & Baker, Emirates Holidays, Caribbean Golf & Tours, Golf Holidays Direct, SouthAmerica.travel, Ascot Golf Tours.
The international golf tourism market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 International Golf 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 International Golf Tourism Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 International Golf 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 International Golf 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 International Golf Tourism Market Size & Forecast, 2018-2028
4.5.1 International Golf Tourism Market Size and Y-o-Y Growth
4.5.2 International Golf Tourism Market Absolute $ Opportunity
Chapter 5 Global International Golf Tourism 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 International Golf Tourism Market Size Forecast by Type
5.2.1 Leisure Tourism
5.2.2 Tournament Tourism
5.2.3 Business Tourism
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global International Golf Tourism 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 International Golf Tourism Market Size Forecast by Applications
6.2.1 Group Travel
6.2.2 Personal travel
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global International Golf 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 International Golf 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 International Golf Tourism Analysis and Forecast
9.1 Introduction
9.2 North America International Golf Tourism 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 International Golf Tourism Market Size Forecast by Type
9.6.1 Leisure Tourism
9.6.2 Tournament Tourism
9.6.3 Business 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 International Golf Tourism Market Size Forecast by Applications
9.10.1 Group Travel
9.10.2 Personal travel
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 International Golf Tourism Analysis and Forecast
10.1 Introduction
10.2 Europe International Golf Tourism 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 International Golf Tourism Market Size Forecast by Type
10.6.1 Leisure Tourism
10.6.2 Tournament Tourism
10.6.3 Business 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 International Golf Tourism Market Size Forecast by Applications
10.10.1 Group Travel
10.10.2 Personal travel
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 International Golf Tourism Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific International Golf Tourism 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 International Golf Tourism Market Size Forecast by Type
11.6.1 Leisure Tourism
11.6.2 Tournament Tourism
11.6.3 Business 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 International Golf Tourism Market Size Forecast by Applications
11.10.1 Group Travel
11.10.2 Personal travel
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 International Golf Tourism Analysis and Forecast
12.1 Introduction
12.2 Latin America International Golf Tourism 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 International Golf Tourism Market Size Forecast by Type
12.6.1 Leisure Tourism
12.6.2 Tournament Tourism
12.6.3 Business 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 International Golf Tourism Market Size Forecast by Applications
12.10.1 Group Travel
12.10.2 Personal travel
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) International Golf Tourism Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) International Golf Tourism 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) International Golf Tourism Market Size Forecast by Type
13.6.1 Leisure Tourism
13.6.2 Tournament Tourism
13.6.3 Business 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) International Golf Tourism Market Size Forecast by Applications
13.10.1 Group Travel
13.10.2 Personal travel
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 International Golf Tourism Market: Competitive Dashboard
14.2 Global International Golf Tourism Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Your Golf Travel
14.3.2 Golfbreaks
14.3.3 Golf Plaisir
14.3.4 EasyGolf Worldwide Australia
14.3.5 Golfasian
14.3.6 Classic Golf Tours
14.3.7 Premier Golf
14.3.8 Carr Golf
14.3.9 PerryGolf
14.3.10 Haversham & Baker
14.3.11 Emirates Holidays
14.3.12 Caribbean Golf & Tours
14.3.13 Golf Holidays Direct
14.3.14 SouthAmerica.travel
14.3.15 Ascot Golf Tours
