This site uses cookies, including third-party cookies, that help us to provide and improve our services. Privacy Policy

Golf Shoes Market

Golf Shoes Market

Golf Shoes Market Forecast, Trend Analysis & Competition Tracking – Global Market insights 2017 to 2022

Golf Shoes Market
FACT221MR
  • Feb-2022
  • List of Tables : 312
  • List of Figures : 102
  • 170 Pages
  • Sports

Introduction

As more and more people are opting to play golf the world over, there is a corresponding increase in the demand for golf equipment, which includes golf shoes.

With rising income levels and the proliferation of golf all around the globe, the market for golf shoes is exhibiting a steady demand and manufacturers are focused on expanding their product portfolio in order to gain a competitive edge in this lucrative market.

In addition, advances in technology such as lightweight golf shoes, and sophisticated traction designs have also added to the overall demand for golf shoes.

Such advances in technology are likely to have a positive effect on the golf shoes market. However, shrinking interest in golf in the United States, one of the prime markets for golf equipment including golf shoes is hampering market growth.

Golf shoe is a type of an oxford shoe which is made up of waterproof leather and consists of sole spikes or hobnails. These spikes or hobnails help in maintaining balance and better grip for the golfer and helps in the execution of the shot.

This Fact.MR report on the global golf shoes market forecasts that the global golf shoes market will touch a value of nearly US$ 8,504 Mn in the year 2022 and grow at a sluggish CAGR during the assessment period.

Avail customized purchase options for your needs

Europe Market Set to Dominate Global Golf Shoes Market in Terms of Revenue

The market in Europe is set to dominate the global golf shoes market in terms of value and this trend is projected to sustain itself throughout the assessment period.

Europe golf shoes market is the most attractive market, growing at a sluggish CAGR over the assessment period.

An Adaptive Approach to Modern-day Research Needs

Spiked or Cleated Golf Shoes Segment Poised to Touch a Value of Nearly US$ 2,414 Mn in 2022

As per the forecast of Fact.MR, the spiked or cleated golf shoes segment is expected to reach a value of nearly US$ 2,414 Mn in the year 2022. This represents a sluggish CAGR during the forecast period of 2017-2022.

Spiked or cleated golf shoes segment is expected to account for more than one-fourth of the revenue share of the product type segment by the year 2017 and is expected to lose market share by the end of the year 2022.

Modern Trade Segment to Exhibit a CAGR of 3.1% during the Assessment Period

As per the forecast of Fact.MR, the modern trade segment is slated to touch a figure of nearly US$ 1,775 Mn in the year 2022. This represents a CAGR of 3.1% during the assessment period from 2017 till the year 2022.

This segment is expected to gain market share by the end of the year 2022. The modern trade segment is expected to account for more than one-fifth of the revenue share of the distribution channel segment by the year 2017.

Interested to Procure The Data

Competition Tracking

The report also profiles companies that are expected to remain active in the expansion of global golf shoes market through 2022, which include

  • ASICS Corporation
  • New Balance INC
  • Skechers INC
  • Amer Sports Corporation
  • NIKE Inc.
  • Adidas AG
  • PUMA SE
  • Under Armour Inc.
  • Acushnet Company Inc.
  • Peter Millar
  • Callaway.

Market Taxonomy

Product Type

  • Spiked or Cleated Golf Shoes
  • Spikeless Golf Shoes
  • Golf Boot
  • Golf Sandal

Distribution Channel

  • Modern Trade
  • Departmental Stores
  • Specialty Stores
  • Online Retail
  • Sport Stores
  • Others

Price-based

  • Economy
  • Mid
  • Premium
  • Super-premium

Demographics

  • Men
  • Women
  • Kids

(Additional information, including cross-sectional data and country-wise analysis & forecast is available in the report)

- FAQs -

These include companies such as Under Armour, Inc., Callaway, ASICS Corporation, NIKE, Inc., Acushnet Company, Inc., Adidas AG,New Balance INC, PUMA SE, Skechers INC, Peter Millar and Amer Sports Corporation
The market in Europe is set to dominate the global golf shoes market in terms of value and this trend is projected to sustain itself throughout the assessment period.

Need an Exclusive Report for your Unique Requirement?

- Our Clients -

Report Client