The global golf club bags market is anticipated to grow at a CAGR of 3.0% during the forecast period (2022- 2028). Gold club bags are full-sized bags that offer plenty of storage space and are specifically designed to sit on the back of a golf cart or on a pushcart. Golf bags are used by golfers to carry golf equipment such as clubs, balls, gloves, and other accessories. Earlier, golfers did not have many options in golf bags which forced them to heave around extremely heavy golf bags. Nowadays, golf bag manufacturers are designing lightweight and water-proof bags for golfers.
Several types of golf bags available in the market include cart bags, stand bags, staff bags, and carry bags. These are some factors that are driving the growth of the global golf club bag market. Additionally, consumers are exploring a wide range of golf bags made of different materials such as leather available in the market, and an increase in golf tourism are further accelerating the growth of the market. The rise in the trend of selling golf bags through online portals by local or regional online retailers and manufacturers and distributors are offerings discounts and attractive schemes which can boost the growth of the market during the forecast period.
The market is segmented based on the type and application. Based on the application, the market is segmented into professional golf clubs and amateur golf clubs. Professional golf bags are used for players who go on tour for their rounds. These bags are the most luxurious, spacious, and expensive type of golf bags as competitive golfers require more items on the golf course. Amateur golf clubs are used as they are small bags and are lightweight. They can carry on few things as compared to professional golf clubs.
Some major players in the market include Callaway Golf Co., Nike Inc., and Adidas AG, among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships, new product launches, and collaborations, to stay competitive in the market. For instance, in April 2022, BigMaxGolf revealed six new golf bags for the spring season. Based on the Big Imax aqua and Dri lite technology each bag in the new line will protect a golfer’s gear from the elements.
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The global golf club bags market is anticipated to grow at a CAGR of 3.0% during the forecast period (2022- 2028). Gold club bags are full-sized bags that offer plenty of storage space and are specifically designed to sit on the back of a golf cart or on a pushcart. Golf bags are used by golfers to carry golf equipment such as clubs, balls, gloves, and other accessories. Earlier, golfers did not have many options in golf bags which forced them to heave around extremely heavy golf bags. Nowadays, golf bag manufacturers are designing lightweight and water-proof bags for golfers.
Several types of golf bags available in the market include cart bags, stand bags, staff bags, and carry bags. These are some factors that are driving the growth of the global golf club bag market. Additionally, consumers are exploring a wide range of golf bags made of different materials such as leather available in the market, and an increase in golf tourism are further accelerating the growth of the market. The rise in the trend of selling golf bags through online portals by local or regional online retailers and manufacturers and distributors are offerings discounts and attractive schemes which can boost the growth of the market during the forecast period.
The market is segmented based on the type and application. Based on the application, the market is segmented into professional golf clubs and amateur golf clubs. Professional golf bags are used for players who go on tour for their rounds. These bags are the most luxurious, spacious, and expensive type of golf bags as competitive golfers require more items on the golf course. Amateur golf clubs are used as they are small bags and are lightweight. They can carry on few things as compared to professional golf clubs.
Some major players in the market include Callaway Golf Co., Nike Inc., and Adidas AG, among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships, new product launches, and collaborations, to stay competitive in the market. For instance, in April 2022, BigMaxGolf revealed six new golf bags for the spring season. Based on the Big Imax aqua and Dri lite technology each bag in the new line will protect a golfer’s gear from the elements.
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Global Golf Club Bags Market Report by Segment
By Type
- Portable
- Satchel
- Others
By Application
- Professional Golf Clubs
- Amateur Golf Clubs
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
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