golf club

Golf is a popular game not only in the US but all over the world and it is growing in countries such as Korea, Japan, India, China, Germany, UK and South Africa. Within the last 5 years, the golf industry has seen a significant growth rate of 5-15％ annually at various regions of the world. The Golf market in India and China has been forecasted to grow over 25％ annually in the next five years. Worldwide, golf is a $7.1 billion industry and includes golf clubs, balls, apparel, foot wear, bags and gloves. This report focuses on the golf club industry, which is a $3.9 billion industry and uses mainly carbon composite or steel as a golf shaft material. An increasing number of golfers in the world have come to rely on higher- level products and thus titanium and carbon fiber have become the mainstream materials in the industry, and the trend now is toward lightweight golf clubs. According to the study, carbon composites dominate over steel in the manufacturing of golf shafts. This market study determines the market size of golf club manufacturing in various regions of the world and estimates the market share by industry leaders, market trend and forecast, import and export market, emerging markets and many other key market information.