Golf Courses & Country Clubs in Canada - Industry Market Research Report

Golf Courses & Country Clubs in Canada - Industry Market Research Report
Golf Courses & Country Clubs in Canada

Golf course and country club providers have grown because of increased wealth among consumers alongside a hike in leisure time. As the domestic population continues to age, activities like golf provide an enjoyable form of exercise. In recent years, expanding participation in golf has been the primary driver of revenue growth. Revenue grew every year between 2018 and 2023, except for 2020 when the COVID-19 pandemic limited access. Revenue is expected to grow at a CAGR of 2.5% to $3.6 billion through the end of 2023, including growth of 2.0% in 2023 alone. Stronger participation in golf is also expected to fuel growth in profit.

The Golf Courses and Country Clubs industry in Canada operates golf courses as its primary activity and may also include country clubs that have private dining and recreational facilities. These establishments provide food and beverage services, equipment rental services and golf instruction. Golf courses can be public, private, semiprivate or part of a country club. This industry excludes golf driving ranges, miniature golf facilities and golf courses located on resorts and hotels.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.