As per the research report titled ‘Global Golf Equipment Market: Analysis By Product Type (Club, Balls, Gears), Distribution Channel, By Region, By Country (2021 Edition): Market Insights and Forecast with Impact of COVID-19 (2021-2026)’, available with MarketStudyReport, global golf equipment market which held a valuation of USD 8515.55 million in 2020 is anticipated to witness a considerable growth rate through 2026.

Augmentation in golf tourism, mounting number of professional and amateur golfers, and steady development of new golf courses are the major factors aiding the surge in global golf equipment market trends.

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Further, increasing popularity of the sport in recent years is positively impacting product uptake during the analysis period.

Despite the positive industry outlook, the onset of the Covid-19 pandemic and the ensuing lockdown restrictions across the globe have severely affected market outlook over the recent past.

Worldwide golf equipment market is bifurcated in terms of product type (golf gears, golf balls, golf clubs), and distribution channels (department & discount stores, retail stores, online retailers).

Each sub-market is extensively analyzed in the report to allow stakeholders make informed decisions and reap maximum profits during the analysis timeframe.

From a regional frame of reference, Americas is a leading contributor in overall industry development as it is a hub for major sporting events and has developed infrastructure. To be specific, the United States shows promising signs of maximum revenue generation in the upcoming years, attributable to constant product innovations, high disposable income levels, favorable weather conditions, and massive popularity of the sport in the region.

Considering the competitive framework, Ping Identity Corp., Fila Holdings Corporation, Honma Golf, The Acushnet Company, Callaway Golf Company, Sumitomo Rubber Industries Ltd., Mizuno Corporation, Bridgestone Golf, Fu Sheng Industrial Co. Ltd., and TaylorMade Golf Company are the prominent players influencing global golf equipment market trends.