The global golf tourism market value reached approximately USD 24.22 Billion in 2024. The market is further projected to grow at a CAGR of 7.40% in the forecast period of 2025-2034, reaching a value of around USD 49.46 Billion by 2034.
The rising popularity of golf as a sport and the suitability of golf for all age groups is driving the golf tourism industry growth. As golfing is less demanding physically, it is a popular sport among middle-aged and elderly people, while the strategy required attracts younger players.
Increasing promotions and innovative campaigns aimed at promoting golfing are further anticipated to surge the golf tourism market demand. Sports authorities and numerous governments are introducing tournaments and competitions, thereby increasing the number of golfers who are more likely to engage in golf tourism.
According to the U.S. Energy Information Administration, the United States is projected to see its per capita disposable income increase from USD 46,720 in 2022 to USD 64,767 by 2050, reflecting an average annual growth rate of 1.2%. In Canada, disposable income per capita is expected to rise from USD 27,994 in 2022 to USD 36,517 by 2050, with an average annual growth rate of 1.0%. Mexico's disposable income per capita is forecasted to grow from USD 16,588 in 2022 to USD 21,386 by 2050, averaging an annual growth rate of 0.9%. Brazil is anticipated to experience an increase in disposable income per capita, from USD 11,919 in 2022 to USD 13,426 by 2050, with a 0.4% average annual growth rate. In the "Other Americas" countries, disposable income per capita is expected to grow from USD 3,825 in 2022 to USD 5,003 by 2050, with an average annual increase of 1.0%. This rise in spending power is likely to boost golf tourism industry revenue, as it allows resorts to provide upscale services and draw a more affluent clientele.
Increased global interest in golf drives demand for travel to renowned golf destinations.
Regular play on a specific course helps golfers build confidence and enhance their skills. Rising investments in developing golf resorts and clubs in popular golfing regions are also contributing to the growth of the golf tourism industry. Additionally, international golf tourism is expected to experience steady growth in the coming years, as international travel becomes more affordable.
Global Golf Tourism Market Growth
Golf tourism is a type of leisure tourism where the primary purpose of travelling is to visit golf courses, generally for playing golf or for relaxation. For experienced golfers, the quality of the golf course can have a major impact on the gameplay, leading to a growing requirement for well-established golf courses which is expected to boost the demand of the golf tourism marketThe rising popularity of golf as a sport and the suitability of golf for all age groups is driving the golf tourism industry growth. As golfing is less demanding physically, it is a popular sport among middle-aged and elderly people, while the strategy required attracts younger players.
Global Golf Tourism Market Analysis
The golf tourism market dynamics and trends are evolving with a significant trend being the positioning of golf vacations as more than just golfing experiences. Golf resorts are broadening their offerings to include a variety of activities, appealing to a larger audience, while leveraging the extensive green spaces of their courses.Increasing promotions and innovative campaigns aimed at promoting golfing are further anticipated to surge the golf tourism market demand. Sports authorities and numerous governments are introducing tournaments and competitions, thereby increasing the number of golfers who are more likely to engage in golf tourism.
Golf Tourism Industry Outlook
According to Golf Australia, the "Get into Golf" program saw its participant numbers rise from 10,883 in 2021/22 to 15,097 in 2022/23, reflecting a 39% growth. In New South Wales (NSW), the number of participants increased dramatically by 75%, from 603 to 1,058, backed by 215 programs. The Northern Territory (NT) also experienced a 75% rise, with participants growing from 204 to 358, supported by 30 programs. Queensland (QLD) saw a 39% increase, from 3,955 to 5,482 participants, with 716 programs. Victoria (VIC) reported a 51% increase, from 3,984 to 6,021 participants, supported by 932 programs. Western Australia (WA) experienced a 7% increase in participation, rising from 592 to 635, supported by 68 programs. South Australia (SA) saw a modest 3% growth, with participants increasing from 692 to 716, bolstered by 155 programs. This growth in participation is contributing to the golf tourism market revenue as Golf Australia emphasises promoting its diverse golf courses and resorts, which offer not only exceptional golfing but also a range of additional attractions and activities.According to the U.S. Energy Information Administration, the United States is projected to see its per capita disposable income increase from USD 46,720 in 2022 to USD 64,767 by 2050, reflecting an average annual growth rate of 1.2%. In Canada, disposable income per capita is expected to rise from USD 27,994 in 2022 to USD 36,517 by 2050, with an average annual growth rate of 1.0%. Mexico's disposable income per capita is forecasted to grow from USD 16,588 in 2022 to USD 21,386 by 2050, averaging an annual growth rate of 0.9%. Brazil is anticipated to experience an increase in disposable income per capita, from USD 11,919 in 2022 to USD 13,426 by 2050, with a 0.4% average annual growth rate. In the "Other Americas" countries, disposable income per capita is expected to grow from USD 3,825 in 2022 to USD 5,003 by 2050, with an average annual increase of 1.0%. This rise in spending power is likely to boost golf tourism industry revenue, as it allows resorts to provide upscale services and draw a more affluent clientele.
Increased global interest in golf drives demand for travel to renowned golf destinations.
- Golf tourists typically have higher disposable incomes, leading to increased spending on luxury accommodations and services.
- Golf can be enjoyed in various climates and seasons, promoting year-round opportunities in the golf tourism market.
- Expensive travel and green fees can limit accessibility and deter potential tourists.
- Popular destinations may face off-season lulls impacting overall profitability.
- Increasing demand for eco-friendly practices can attract environmentally conscious travellers.
Enhancements in booking platforms and virtual tours can boost market accessibility and growth of the golf tourism industry.
Adverse weather conditions and environmental concerns may affect golf course conditions and tourism patterns.- The rise of alternative luxury travel experiences can divert potential golf tourists.
- Increased regulations and travel restrictions can impact international tourism flows and accessibility.
Key Players in the Global Golf Tourism Market and Their Key Initiatives
- GolfinSouthAfrica Ltd
- Launched customisable golf and safari tours to meet the growing demand of the golf tourism market.
- Introduced specialised packages for international golf tournaments.
- My Golf Tours
- Introduced luxury golf tours combining golf with cultural experiences in destinations like Japan and Italy.
- Hosted the National Family Golf Tournament 2024.
- Golf Tourism England
- Received funding from Discover England Fund.
- Introduced the Surrey 3 W's Tour to capture the golf tourism market opportunities.
- Golftripz
- Launched exclusive golf holiday packages in Manila and Clark Angeles City.
- Introduced a 14-day comprehensive golf highlights tour of New Zealand.
Global Golf Tourism Industry Segmentation
“Global Golf Tourism Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:Market Breakup by Type
- Domestic
- International
Market Breakup by Service Type
- Personal Tours
- Professional Tours
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Golf Tourism Market Share
Domestic accounts for a sizable portion of the golf tourism market demand based on type, supported by the preference of consumers for frequent golfing and easy accessibility of domestic golfing. With an extensive season for the sport, golfers, amateur and professional often make multiple trips for golfing for which domestic golf tourism is more convenient and affordable.Regular play on a specific course helps golfers build confidence and enhance their skills. Rising investments in developing golf resorts and clubs in popular golfing regions are also contributing to the growth of the golf tourism industry. Additionally, international golf tourism is expected to experience steady growth in the coming years, as international travel becomes more affordable.
Leading Companies in the Golf Tourism Market
The companies offer customised golf travel experiences with tailored packages to top courses worldwide, focusing on personalized service and expert knowledge for exceptional and memorable golfing holidays.- Golf Tours International Ltd
- GruppeCosta Rica's Golf Vacation
- GolfinSouthAfrica Ltd
- EFR Leisure Travel
- travelOsports
- My Golf Tours
- Golf Tourism England
- Golf International
- International Golf Specialists
- Golftripz
Table of Contents
1 Executive Summary
2 Market Overview and Stakeholder Insights
3 Economic Summary
4 Country Risk Profiles
5 Global Golf Tourism Market Analysis
6 North America Golf Tourism Market Analysis
7 Europe Golf Tourism Market Analysis
8 Asia Pacific Golf Tourism Market Analysis
9 Latin America Golf Tourism Market Analysis
10 Middle East and Africa Golf Tourism Market Analysis
11 Market Dynamics
12 Competitive Landscape
Companies Mentioned
- Golf Tours International Ltd
- GruppeCosta Rica's Golf Vacation
- GolfinSouthAfrica Ltd
- EFR Leisure Travel
- travelOsports
- My Golf Tours
- Golf Tourism England
- Golf International
- International Golf Specialists
- Golftripz