Canada Golf Market Infographics Description
- The Canada Golf Market was valued at US$ 156.4 Mn in 2021.
- Canada golf market is projected to reach US$ 188.2 Mn in 2029 at a CAGR of 1.7% from 2022 to 2032.
- Based on product type, the golf apparel segment is expected to contribute significant revenue share in the Canada golf market and is expected to witness a CAGR of over 1.8% over the forecast period.
- Among all the end-user segments, the amateur segment is expected to register the highest CAGR of over 1.8%, owing to awareness about golf, and an increase in the golfer’s population in the country is propelling the segment growth.
- Companies profiled in the report are Lululemon Athletica, Inc., Levelwear Inc., Callaway Golf Co., Nike, Inc., Acushnet Holdings Corp., Amer Sports Oyj, Adidas AG, Under Armour, Inc., Puma SE, ECCO Sko A/S, and Skechers USA, Inc.
Canada Golf Key Player Analysis
- Lululemon Athletica Inc.: Originally known for yoga wear, Lululemon has expanded into golf apparel, leveraging its reputation for high-quality and stylish sportswear. The brand focuses on integrating performance with fashion, appealing to a modern golfer who values both functionality and aesthetics.
- Levelwear Inc.: Levelwear is a Canadian sportswear brand that provides performance apparel for several sports, including golf. Known for its innovative fabrics and design, Levelwear caters to both amateur and professional golfers, emphasizing comfort and mobility.
- Callaway Golf Co.: A global leader in golf equipment and accessories, Callaway is renowned for its innovative golf clubs, balls, and technology. The company’s strong market presence is bolstered by its commitment to research and development, making it a preferred brand among golf enthusiasts.
- NIKE Inc.: With a vast portfolio that includes golf shoes, apparel, and equipment, NIKE continues to be a dominant force in the sport. The brand is favored for its cutting-edge technology and trendy designs, often seen in the gear of top professional golfers.
- Acushnet Holdings Corp.: Best known for its Titleist golf balls, Acushnet is a key player in the golf equipment market. The company also offers a range of golf clubs and gear under various brand names, maintaining a strong reputation for quality and performance.
- Amer Sports Oyj: While broader in its sports offerings, Amer Sports owns Wilson Sporting Goods, a significant entity in the golf sector. Wilson is known for its golf clubs and balls, providing quality products aimed at both competitive and recreational players.
- Adidas AG: Adidas not only offers a comprehensive line of golf apparel and footwear but also owns TaylorMade, a top-tier brand for golf clubs and equipment. This positions Adidas uniquely in the market, covering extensive consumer needs from professional to casual play.
- Under Armour Inc.: Under Armour has made significant strides in golf, promoting high-performance gear that includes golf shoes, clothing, and accessories. The brand is well-regarded for its innovation in sportswear, particularly in moisture-wicking and temperature-regulating technologies.
- PUMA SE: PUMA combines vibrant styles with functional sportswear, making it popular among younger golfers. The brand has made notable inroads in golf through endorsements and innovative products, particularly in footwear and apparel.
