Market Overview:
The global women's fairway woods market is expected to register a CAGR of 5.5% during the forecast period, 2018-2030. The growth in the market can be attributed to various factors such as technological advancements, rising demand for golfing equipment among women and growing number of female golfers. In terms of type, the 3 wood segment is expected to dominate the market during the forecast period owing to its high accuracy and distance control. However, in terms of growth rate, 5 wood segment is projected to register highest CAGR over the forecast period.
Product Definition:
A women's fairway wood is a type of golf club that is designed for hitting the ball from the fairway or rough. They are typically easier to hit than drivers, and are often used when there is not enough room to hit a driver. Women's fairway woods have a lower loft than drivers, which makes them less likely to go too far off course.
3 Wood:
3 wood is a fairway wood, which is used for the first shot in a game. It's also known as the "Starter" or "First Wood". The 3 wood has longer and straighter than average shafts and usually has lower than average loft (for distance). Shorter players use clubs with higher lofts such as hybrid clubs to hit long balls. Average sized people can use any type of club from 7 iron to 6 iron depending on their preferences and playing styles.
5 Wood:
5 wood is a generic name for clubs that are longer and heavier than the 3 wood. Most 5 woods are longer than their counterparts, with some variation in length depending on the intended use. The most common types of 5 woods include a fairway wood, hybrid club (a combination of fairway wood and iron), and anhybrid club (a mixture of fairwaywood and iron).
Application Insights:
The offline application segment dominated the global women's fairway woods market in 2017, accounting for over 60% of the revenue share. The growth can be attributed to increasing participation and popularity of golf courses across the world. According to a Golf Advisor article, there are currently more than 15 million golfers in America alone. Furthermore, according to a National Golf Foundation study released in 2016, it was estimated that around 1 out of every 4 U.S adults played at least once during 2015 and another 1 out of 3 played 10 or more times during 2015. Such significant statistics indicate growing interest among women participants as well as male counterparts regarding playing golf globally which is likely to boost product demand over the forecast period (18-28).
Online application segment is expected register notable CAGR owing to increased internet penetration and online gaming population globally which has resulted in boosting spending on sports equipment such as clubs.
Regional Analysis:
North America dominated the global women's fairway woods market in 2017. The U.S., in particular, is a lucrative market for golf equipment as it has the largest number of courses and individuals who play the sport. North America is also home to some of the biggest manufacturers including Nike, Inc.; Callaway Golf Company; Dixon Golf, Inc.; and Bridgestone Golf, LLC among others.
Asia Pacific region is expected to witness significant growth over the forecast period owing to increasing popularity of golf as a sport and growing awareness about fitness amongst women population especially in China & Japan countries which are major consumers of GW woods globally (See Table 1). In addition, rising disposable income coupled with improving standard of living due to increasing employment opportunities will boost demand further over next eight years thereby boosting regional growth significantly (See Table 2).
Growth Factors:
- Increasing demand for women's golf equipment from emerging markets
- Growing popularity of women's golf tournaments and leagues
- Advances in technology that improve the performance of women's fairway woods
- Shift in consumer preferences towards more lightweight and forgiving clubs
- Greater availability of affordable, high-quality fairway woods designed specifically for women
Scope Of The Report
Report Attributes
Report Details
Report Title
Women's Fairway Woods Market Research Report
By Type
3 Wood, 5 Wood
By Application
Online, Offline
By Companies
Nike, Adidas, Honma, Ping, Ecco, Footjoy, XXIO, Cleveland, Sunview GOLF, FJ, Nike, Eson, Sunny haha, Callaway Golf, TaylorMade, Titleist, PING
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
209
Number of Tables & Figures
147
Customization Available
Yes, the report can be customized as per your need.
Global Women's Fairway Woods Market Report Segments:
The global Women's Fairway Woods market is segmented on the basis of:
Types
3 Wood, 5 Wood
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
Online, Offline
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:
- Nike
- Adidas
- Honma
- Ping
- Ecco
- Footjoy
- XXIO
- Cleveland
- Sunview GOLF
- FJ
- Nike
- Eson
- Sunny haha
- Callaway Golf
- TaylorMade
- Titleist
- PING
Highlights of The Women's Fairway Woods 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:
- 3 Wood
- 5 Wood
- By Application:
- Online
- Offline
- 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 Women's Fairway Woods 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.
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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?
Women's Fairway Woods is a golf club designed specifically for women. It has shorter clubs and smaller heads than men's fairway woods, making it easier to hit the ball far.
Some of the major players in the women's fairway woods market are Nike, Adidas, Honma, Ping, Ecco, Footjoy, XXIO, Cleveland, Sunview GOLF, FJ, Nike, Eson, Sunny haha, Callaway Golf, TaylorMade, Titleist, PING.
The women's fairway woods market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Women's Fairway Woods 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 Women's Fairway Woods Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Women's Fairway Woods 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 Women's Fairway Woods 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 Women's Fairway Woods Market Size & Forecast, 2020-2028 4.5.1 Women's Fairway Woods Market Size and Y-o-Y Growth 4.5.2 Women's Fairway Woods 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 3 Wood
5.2.2 5 Wood
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 Online
6.2.2 Offline
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Women's Fairway Woods 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 Women's Fairway Woods 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 3 Wood
9.6.2 5 Wood
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 Online
9.10.2 Offline
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 3 Wood
10.6.2 5 Wood
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 Online
10.10.2 Offline
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 3 Wood
11.6.2 5 Wood
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 Online
11.10.2 Offline
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 3 Wood
12.6.2 5 Wood
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 Online
12.10.2 Offline
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 3 Wood
13.6.2 5 Wood
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 Online
13.10.2 Offline
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 Women's Fairway Woods Market: Competitive Dashboard
14.2 Global Women's Fairway Woods Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Nike
14.3.2 Adidas
14.3.3 Honma
14.3.4 Ping
14.3.5 Ecco
14.3.6 Footjoy
14.3.7 XXIO
14.3.8 Cleveland
14.3.9 Sunview GOLF
14.3.10 FJ
14.3.11 Nike
14.3.12 Eson
14.3.13 Sunny haha
14.3.14 Callaway Golf
14.3.15 TaylorMade
14.3.16 Titleist
14.3.17 PING