NEW YORK, July 28, 2022 /PRNewswire/ — The golf tourism market size is expected to grow by USD 41.04 billion at a CAGR of 17.83% during the forecast period. One of the key factors driving the golf tourism market is the growing emphasis on golf infrastructure worldwide. The golf tourism market report also offers information on several market vendors, including Golf Tours International, Golf Tours Worldwide, Golfasian Co. Ltd., Golfbreaks Ltd., Liberty Travel and Tours (M) Sdn Bhd, Palatinate Group Ltd., Perry Travel Inc., Premier Golf Tours, Scottish Golf Holidays Inc., and The Haversham and Baker Co. among others.
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The increasing importance of golf infrastructure across the globe is one of the main elements influencing the golf tourist business. The majority of these facilities are inaccessible to the general public since they are situated in private clubs, golf resorts, and real estate with a golf focus. The majority of the world’s golf courses were located in North America, followed by Europe and Asia. Throughout the forecast period, the global golf tourism market is expected to experience significant growth as a consequence of the expansion of golf courses in these regions.
However, the increasing threat from fantasy golf may impede the market growth is one of the factors hindering the Golf Tourism Market growth. Buy a sample now!
North America will account for 53% of market growth. The main golf tourism markets in North America are the US and Canada. Compared to the MEA and South American markets, this region’s market will increase more quickly. Throughout the projection period, the growth of the golf tourism market in North America will be aided by the presence of well-developed economies, pleasant weather conditions, the availability of a range of terrains, and widespread media coverage of the sport. Plan and Strengthen your business and marketing strategies, Request Sample Report.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The gamification market report covers the following areas:
- Golf Tourism Market Size
- Golf Tourism Market Trends
- Golf Tourism Market Industry Analysis
This study identifies the Technological developments in the golf industry to improve golf tourism prospects as one of the prime reasons driving the Golf Tourism Market growth during the next few years.
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| Golf Tourism Market Scope | |
| Report Coverage | Details |
| Page number | 120 |
| Base year | 2020 |
| Forecast period | 2021-2025 |
| Growth momentum & CAGR | Accelerate at a CAGR of 17.83% |
| Market growth 2021-2025 | $ 41.04 billion |
| Market structure | Fragmented |
| YoY growth (%) | 31.56 |
| Regional analysis | North America, APAC, Europe, South America, and MEA |
| Performing market contribution | North America at 53% |
| Key consumer countries | US, Japan, UK, and Canada |
| Competitive landscape | Leading companies, Competitive strategies, Consumer engagement scope |
| Key companies profiled | Golf Tours International, Golf Tours Worldwide, Golfasian Co. Ltd., Golfbreaks Ltd., Liberty Travel and Tours (M) Sdn Bhd, Palatinate Group Ltd., Perry Travel Inc., Premier Golf Tours, Scottish Golf Holidays Inc., and The Haversham and Baker Co. |
| Market dynamics | Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period |
| Customization purview | If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
1 Executive Summary
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 01: Parent market
- Exhibit 02: Market characteristics
- 2.2 Value chain analysis
- Exhibit 03: Value chain analysis: Hotels, restaurants, and leisure market
3 Market Sizing
- 3.1 Market definition
- Exhibit 04: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 05: Market segments
- 3.3 Market size 2020
- 3.4 Market outlook: Forecast for 2020 – 2025
- Exhibit 06: Global – Market size and forecast 2020 – 2025 ($ billion)
- Exhibit 07: Global market: Year-over-year growth 2020 – 2025 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 08: Five forces analysis 2020 & 2025
- 4.2 Bargaining power of buyers
- Exhibit 09: Bargaining power of buyers
- 4.3 Bargaining power of suppliers
- Exhibit 10: Bargaining power of suppliers
- 4.4 Threat of new entrants
- Exhibit 11: Threat of new entrants
- 4.5 Threat of substitutes
- Exhibit 12: Threat of substitutes
- 4.6 Threat of rivalry
- Exhibit 13: Threat of rivalry
- 4.7 Market condition
- Exhibit 14: Market condition – Five forces 2020
5 Market Segmentation by Type
- 5.1 Market segments
- Exhibit 15: Type – Market share 2020-2025 (%)
- 5.2 Comparison by Type
- Exhibit 16: Comparison by Type
- 5.3 Domestic – Market size and forecast 2020-2025
- Exhibit 17: Domestic – Market size and forecast 2020-2025 ($ billion)
- Exhibit 18: Domestic – Year-over-year growth 2020-2025 (%)
- 5.4 International – Market size and forecast 2020-2025
- Exhibit 19: International – Market size and forecast 2020-2025 ($ billion)
- Exhibit 20: International – Year-over-year growth 2020-2025 (%)
- 5.5 Market opportunity by Type
- Exhibit 21: Market opportunity by Type
6 Customer landscape
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 23: Market share by geography 2020-2025 (%)
- 7.2 Geographic comparison
- Exhibit 24: Geographic comparison
- 7.3 North America – Market size and forecast 2020-2025
- Exhibit 25: North America – Market size and forecast 2020-2025 ($ billion)
- Exhibit 26: North America – Year-over-year growth 2020-2025 (%)
- 7.4 APAC – Market size and forecast 2020-2025
- Exhibit 27: APAC – Market size and forecast 2020-2025 ($ billion)
- Exhibit 28: APAC – Year-over-year growth 2020-2025 (%)
- 7.5 Europe – Market size and forecast 2020-2025
- Exhibit 29: Europe – Market size and forecast 2020-2025 ($ billion)
- Exhibit 30: Europe – Year-over-year growth 2020-2025 (%)
- 7.6 South America – Market size and forecast 2020-2025
- Exhibit 31: South America – Market size and forecast 2020-2025 ($ billion)
- Exhibit 32: South America – Year-over-year growth 2020-2025 (%)
- 7.7 MEA – Market size and forecast 2020-2025
- Exhibit 33: MEA – Market size and forecast 2020-2025 ($ billion)
- Exhibit 34: MEA – Year-over-year growth 2020-2025 (%)
- 7.8 Key leading countries
- Exhibit 35: Key leading countries
- 7.9 Market opportunity by geography
- Exhibit 36: Market opportunity by geography ($ billion)
8 Drivers, Challenges, and Trends
- 8.1 Market drivers
- 8.2 Market challenges
- Exhibit 37: Impact of drivers and challenges
- 8.3 Market trends
9 Vendor Landscape
- 9.1 Vendor landscape
- Exhibit 38: Vendor landscape
- 9.2 Landscape disruption
- Exhibit 39: Landscape disruption
- Exhibit 40: Industry risks
- 9.3 Competitive landscape
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 41: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 42: Market positioning of vendors
- 10.3 Golf Tours International
- 10.4 Golf Tours Worldwide
- Exhibit 46: Golf Tours Worldwide – Overview
- Exhibit 47: Golf Tours Worldwide – Product and service
- Exhibit 48: Golf Tours Worldwide – Key offerings
- 10.5 Golfasian Co. Ltd.
- Exhibit 49: Golfasian Co. Ltd. – Overview
- Exhibit 50: Golfasian Co. Ltd. – Product and service
- Exhibit 51: Golfasian Co. Ltd. – Key offerings
- 10.6 Golfbreaks Ltd.
- Exhibit 52: Golf breaks Ltd. – Overview
- Exhibit 53: Golf breaks Ltd. – Product and service
- Exhibit 54: Golf breaks Ltd. – Key offerings
- 10.7 Liberty Travel and Tours (M) Sdn Bhd
- Exhibit 55: Liberty Travel and Tours (M) Sdn Bhd – Overview
- Exhibit 56: Liberty Travel and Tours (M) Sdn Bhd – Product and service
- Exhibit 57: Liberty Travel and Tours (M) Sdn Bhd – Key offerings
- 10.8 Palatinate Group Ltd.
- Exhibit 58: Palatinate Group Ltd. – Overview
- Exhibit 59: Palatinate Group Ltd. – Product and service
- Exhibit 60: Palatinate Group Ltd. – Key offerings
- 10.9 Perry Travel Inc.
- Exhibit 61: Perry Travel Inc. – Overview
- Exhibit 62: Perry Travel Inc. – Product and service
- Exhibit 63: Perry Travel Inc. – Key offerings
- 10.10 Premier Golf Tours
- Exhibit 64: Premier Golf Tours – Overview
- Exhibit 65: Premier Golf Tours – Product and service
- Exhibit 66: Premier Golf Tours – Key News
- Exhibit 67: Premier Golf Tours – Key offerings
- 10.11 Scottish Golf Holidays Inc.
- Exhibit 68: Scottish Golf Holidays Inc. – Overview
- Exhibit 69: Scottish Golf Holidays Inc. – Product and service
- Exhibit 70: Scottish Golf Holidays Inc. – Key offerings
- 10.12 The Haversham and Baker Co.
- Exhibit 71: The Haversham and Baker Co. – Overview
- Exhibit 72: The Haversham and Baker Co. – Product and service
- Exhibit 73: The Haversham and Baker Co. – Key offerings
11 Appendix
- 11.1 Scope of the report
- 11.2 Currency conversion rates for US$
- Exhibit 74: Currency conversion rates for US$
- 11.3 Research methodology
- Exhibit 75: Research Methodology
- Exhibit 76: Validation techniques employed for market sizing
- Exhibit 77: Information sources
- 11.4 List of abbreviations
- Exhibit 78: List of abbreviations
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