{"product_id":"global-golf-tourism-market-size-study-forecast-by-application-domestic-international-and-regional-analysis-2022-2029","title":"Global Golf Tourism Market Size study \u0026 Forecast, by Application (Domestic, International) and Regional Analysis, 2022-2029","description":"\u003cp\u003eGlobal Golf Tourism Market Size study \u0026amp; Forecast, by Application (Domestic, International) and Regional Analysis, 2022-2029\u003c\/p\u003e\n\n\u003cp\u003eGlobal Golf Tourism Market is valued at approximately USD 21.74 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 7.6% over the forecast period 2022-2029. Golf tourism refers to travel made by golf enthusiasts, generally by people who view golf as a supplemental exercise. The increasing disposable income, growing development of golf infrastructural facilities, coupled with the rising number of international and domestic tournaments are the primary factors that are attributing to the market growth across the globe.\u003c\/p\u003e\n\n\u003cp\u003eThe growing investments in domestic and international golf tournaments by various sports authorities and governments are acting as a catalyzing factor for market growth. For instance, in August 2022, Canadian Federal Government declared that they made a total investment of USD 4.4 million investment in Golf Canada’s two professional tournaments named the CP Women’s Open and RBC Canadian Open to encourage golf participation, attract multiple tourists, made significant economic benefits in the region.Similarly, in November 2020, the Tourism Authority of Thailand (TAT) announced the launch of ‘Season 4’ in India, which aims on presenting a seamless experience to Indian golfers across Thailand. Hence, these aforementioned factors are playing a vital role in  golf tourism, which is augmenting the growth of the market. Moreover, rising awareness about the health benefits of playing sports among younger populations, as well as increasing government funding \u0026amp; measures to promote sports tourism, are presenting various lucrative opportunities over the forecasting years. However, the high cost associated with  golf tourism is challenging the market growth throughout the forecast period of 2022-2029.\u003c\/p\u003e\n\n\u003cp\u003eThe key regions considered for the Global Golf Tourism Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America dominated the market in terms of revenue, owing to the increasing inclination towards outdoor leisure activity, along with the growing number of professional golfing tours \u0026amp; tournaments. Whereas, the Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as the rising development of the regional hospitality industry, as well as the availability of huge infrastructural facilities associated with the golf clubs in countries in the market space.\u003c\/p\u003e\n\n\u003cp\u003eMajor market players included in this report are:\u003cbr\u003e\nGolfasian Co., Ltd.\u003cbr\u003e\nPremier Golf\u003cbr\u003e\nThe Haversham and Baker Expeditions.\u003cbr\u003e\nPerryGolf\u003cbr\u003e\nCarr Golf\u003cbr\u003e\nCeltic Golf\u003cbr\u003e\nSGH Golf Inc.\u003cbr\u003e\nGolfbreaks Ltd.\u003cbr\u003e\nGolf Tours International\u003cbr\u003e\ntravelOsports\u003c\/p\u003e\n\n\u003cp\u003eRecent Developments in the Market:\u003cbr\u003e\n? In November 2020, The PGA Tour- a U.S. professional golf tour operator announced the acquisition of a minority stake in European Tour Media Company to strengthens the company’s business to the men’s professional golf segment globally.\u003cbr\u003e\n? In October 2020, Topgolf International Inc. declared that the company entered into a merger agreement with Callaway Golf Company with the objective of leveraging the partner’s brand and financial strength to target professional golfers.\u003c\/p\u003e\n\n\u003cp\u003eGlobal Golf Tourism Market Report Scope:\u003cbr\u003e\nHistorical Data 2019-2020-2021\u003cbr\u003e\nBase Year for Estimation 2021\u003cbr\u003e\nForecast period 2022-2029\u003cbr\u003e\nReport Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends\u003cbr\u003e\nSegments Covered Application, Region\u003cbr\u003e\nRegional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World\u003cbr\u003e\nCustomization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional \u0026amp; segment scope*\u003c\/p\u003e\n\n\n\u003cp\u003eThe objective of the study is to define market sizes of different segments \u0026amp; countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.\u003c\/p\u003e\n\n\u003cp\u003eThe report also caters detailed information about the crucial aspects such as driving factors \u0026amp; challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.\u003cbr\u003e\nThe detailed segments and sub-segment of the market are explained below:\u003c\/p\u003e\n\n\u003cp\u003eBy Application:\u003cbr\u003e\nDomestic\u003cbr\u003e\nInternational\u003c\/p\u003e\n\n\u003cp\u003eBy Region:\u003cbr\u003e\nNorth America\u003cbr\u003e\nU.S.\u003cbr\u003e\nCanada\u003cbr\u003e\nEurope\u003cbr\u003e\nUK\u003cbr\u003e\nGermany\u003cbr\u003e\nFrance\u003cbr\u003e\nSpain\u003cbr\u003e\nItaly\u003cbr\u003e\nROE\u003cbr\u003e\nAsia Pacific\u003cbr\u003e\nChina\u003cbr\u003e\nIndia\u003cbr\u003e\nJapan\u003cbr\u003e\nAustralia\u003cbr\u003e\nSouth Korea\u003cbr\u003e\nRoAPAC\u003cbr\u003e\nLatin America\u003cbr\u003e\nBrazil\u003cbr\u003e\nMexico\u003cbr\u003e\nRoLA\u003cbr\u003e\nRest of the World\u003c\/p\u003e\n\n\n\u003cp\u003eCompanies Mentioned\u003c\/p\u003e\n\n\u003cp\u003eGolfasian Co., Ltd.\u003cbr\u003e\nPremier Golf\u003cbr\u003e\nThe Haversham and Baker Expeditions.\u003cbr\u003e\nPerryGolf\u003cbr\u003e\nCarr Golf\u003cbr\u003e\nCeltic Golf\u003cbr\u003e\nSGH Golf Inc.\u003cbr\u003e\nGolfbreaks Ltd.\u003cbr\u003e\nGolf Tours International\u003cbr\u003e\ntravelOsports\u003c\/p\u003e\n\n\u003cp\u003ePlease note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.\u003c\/p\u003e","brand":"Travel \u0026 Leisure","offers":[{"title":"January, 2023 \/ 200 Pages \/ MCW16194968","offer_id":47554773844274,"sku":null,"price":5940.0,"currency_code":"USD","in_stock":true}],"url":"https:\/\/www.hardmanwell.com\/products\/global-golf-tourism-market-size-study-forecast-by-application-domestic-international-and-regional-analysis-2022-2029","provider":"HARDMAN AND WELL MANAGEMENT CONSULTANCIES L.L.C","version":"1.0","type":"link"}