The global golf outfit market size is estimated to be US$ 983.4 million in 2023, with expectations to reach US$ 2,036.70 million by 2033. Throughout the forecast period, the global market is projected to capture a CAGR of 7.6%.
Increasing consumer demand for high-quality, sustainable, and comfortable sportswear is stimulating the adoption of golf outfits. Key manufacturers are presenting new launches to attract consumers’ desires. Consumers are concerned about carbon emissions and are increasing the adoption of eco-friendly fabrics and materials.
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Governments are imposing stringent regulations to reduce environmental impacts and are developing sustainable golf outfits. Growing advanced technologies are bringing new designs, comfort, and flexibility in producing a wide range of uniforms and golf outfits that are gaining consumers’ attention.
Key Takeaways:
- The golf outfit market is registering a CAGR of 7.60% between 2023 to 2033.
- The United States is expected to register a CAGR of 8.20% by dominating the global market by 2033.
- Canada is anticipated to capture a CAGR of 7.20% of the global market by 2033.
- India is anticipated to register a CAGR of 10% in the global market by 2033.
- China significantly drives the global market with a CAGR of 8.70%.
- With a CAGR of 4.90%, the United Kingdom is rapidly advancing in the global market.
- Men’s category is estimated to lead the global market during the forecast period.
“Rising sports activities and tournaments are increasing the demand for golf outfits. The growing trends of fashion, comfort, and simple look of sports apparel are raising the adoption of golf outfits,” – opines Sneha Varghese, Senior Consultant, Consumer Products & Goods at Future Market Insights (FMI).
Key Players in the Golf Outfit Market
The global golf outfit market is highly consolidated by present prominent players that heavily invest in research and development activities. These players are innovating comfortable and reliable products to satisfy consumers’ desires. These players are improving their products through new ideas and marketing tactics to uplift the global market.
Key Players in the Golf Outfit Market
- Adidas AG
- Callaway Golf Company
- Under Armour, Inc.
- Amer Sports Corporation
- ASICS Corporation
- Kering S.A.
- Ralph
These key players are attracting their customers by offering eco-friendly, versatile and non-toxic apparel. Key players are adopting various marketing tactics to drive the global market, including mergers, collaborations, and partnerships.
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Key Segments in the Golf Outfit Market
By Product Type:
- Top Wear
- Bottom Wear
- Hats
- Shoes
- Other Accessories
By Consumer Orientation:
- Female
- Male
- Kids
By Buyer Type:
- Individual
- Institutional
- Promotional
By Sales Channel:
- Online Sales Channel
- Offline Sales Channel
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East & Africa
Author
Sneha Varghese (Senior Consultant, Consumer Products & Goods) has 6+ years of experience in the market research and consulting industry. She has worked on 200+ research assignments pertaining to Consumer Retail Goods.
Her work is primarily focused on facilitating strategic decisions, planning and managing cross-functional business operations, technology projects, and driving successful implementations. She has helped create insightful, relevant analysis of Food & Beverage market reports and studies that include consumer market, retail, and manufacturer research perspective. She has also been involved in several bulletins in food magazines and journals.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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