golf tourism market opportunities, golf tourism market size, golf tourism market trend analysis, golf tourism market insights, golf tourism market key players, golf tourism market demand
How big is the golf tourism market today, and what are its future growth expectations?
The golf tourism market size has grown strongly in recent years. It will grow from $5.83 billion in 2024 to $6.28 billion in 2025 at a compound annual growth rate (CAGR) of 7.8%. The growth in the historic period can be attributed to global popularity of golf, development of golf courses, international sporting events, resort and destination marketing, cultural and recreational attractions, corporate golf events.
The golf tourism market size is expected to see strong growth in the next few years. It will grow to $9.09 billion in 2029 at a compound annual growth rate (CAGR) of 9.7%. The growth in the forecast period can be attributed to emergence of new golf destinations, golf course renovations and upgrades, culinary and gastronomic experiences, government support and investment, specialized golf events. Major trends in the forecast period include integration of technology in golf travel planning, sustainable and eco-friendly golf tourism, customized golf tour packages, collaborations with golf celebrities, golf cruise packages.
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Which industry factors have accelerated the golf tourism market’s expansion?
The increasing government support for the promotion of golf tourism is expected to drive the growth of the golf tourism market going forward. The governments are promoting golf destinations to domestic and international tourists as a means of earning additional foreign exchange through the development of the niche product and thereby contributing to economic growth. For instance, in February 2023, The United States Golf Association (USGA), a US-based governing body and national association of golf courses, clubs and facilities, introduced the US National Development Program (USNDP), establishing a cohesive pathway to cultivate elite golf talent nationwide. The program focuses on identifying, training, developing, and financially supporting promising junior players from diverse backgrounds, aiming to overcome the competitive disadvantage the US faces in golf development compared to other countries. It features a sustainable grant initiative to cover expenses such as entry fees and coaching, with plans to support 1,000 junior players by 2027. Hence, the rising government initiatives to support golf tourism will drive the growth of the golf tourism market.
What are the primary segments of the golf tourism market?
The golf tourism market covered in this report is segmented –
1) By Type: Domestic, International
2) By Service Type: Personal Tours, Professional Tours
3) By Sales Channel: Direct Channel, Distribution Channel
4) By End-User Sex: Male, Female
Subsegments:
1) By Domestic: Regional Travel, Local Golf Clubs And Resorts
2) By International: Destination Golf Packages, International Golf Events And Tournaments, Golf Tours In Popular International Locations
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Which firms are leading the golf tourism market?
Major companies operating in the golf tourism market include Fairway Escapes, Goway Travel, Golfbreaks Ltd, Greenscape Holidays, Par Excellence Getaways, Carr Golf, Premier Golf Tours, Kalos Golf, Celtic Golf, Golfasian Co. Ltd, Direct Golf Holidays, SouthAmerica.travel, Ascot Golf Tours, Chaka Travel, TeeTime Travels, Eagle’s View Golf Tours, Golf Tours International, GHW Golf Tours, Perry Travel Inc, Scottish Golf Holidays Inc, The Haversham and Baker Co, GolfHolidays.com, Sophisticated Golfer, Caribbean Golf & Tours, Classic Golf Tours, Golf Plaisir, EasyGolf Worldwide Australia, Asian Tour, Links & Leisure Tours, Birdie Bound Adventures, Driveway Golf Tours, Mulligan Travels, Stroke Savvy Tours
Which market trends are set to define the future of the golf tourism market?
Major companies operating in the golf tourism sector are increasingly focused on sustainability initiatives like the green drive tree-planting campaign, recognizing the importance of environmental stewardship in attracting eco-conscious golfers. These efforts reflect a growing recognition of the importance of eco-friendly practices in attracting golfers who prioritize sustainability, enhancing the appeal of golf destinations committed to environmental stewardship. For instance, in June 2023, DP World, a United Arab Emirates (UAE)-based golf tourism provider, launched new Green Drive tree planting campaign to promote environmental responsibility and contribute to combating climate change. This initiative aims to plant thousands of trees across various golf courses, enhancing biodiversity and improving the ecological footprint of the sport.
Which geographic trends are shaping the golf tourism market, and which region has the highest market share?
The countries covered in the golf tourism market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
What Does The Golf Tourism Market Report 2025 Offer?
The golf tourism market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Golf tourism refers to the trips undertaken by people to play golf. Golf is a sport in which players use a club to hit a small ball into a series of cups set out on a course. Golf tourism is a part of sport tourism, which is one of the tourism industry’s fastest-growing segments. Golf tourism refers to domestic or international trips taken by people who play golf at least once while traveling to any destination.
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