Professional Golf Market Report 2026

The professional golf market size has grown strongly in recent years. It will grow from $5.43 billion in 2025 to $5.73 billion in 2026 at a compound annual growth rate (CAGR) of 5.5%. The growth in the historic period can be attributed to expansion of international golf tournaments, growth of corporate sponsorships, rising participation in elite golf programs, expansion of professional golf tours, increasing media coverage of golf events.

The professional golf market size is expected to see strong growth in the next few years. It will grow to $7.03 billion in 2030 at a compound annual growth rate (CAGR) of 5.2%. The growth in the forecast period can be attributed to increasing adoption of smart golf training aids, rising investments in eco-friendly course management, expansion of women and junior professional tours, growing demand for immersive fan experiences, increasing monetization of digital golf content. Major trends in the forecast period include increasing use of data analytics in player performance, rising demand for sustainable golf courses, expansion of digital broadcasting and streaming rights, growing popularity of experiential golf events, enhanced focus on premium golf equipment.

Increasing recreational activities are expected to drive growth in the professional golf market going forward. Recreational activities refer to leisure pursuits or hobbies that individuals engage in during their free time for enjoyment, relaxation, and personal well-being, including sports, outdoor adventures, arts, games, and other forms of entertainment that promote physical, mental, and social health. These activities are rising due to growing awareness of physical and mental well-being, encouraging more people to participate in leisure and fitness pursuits that promote a healthier lifestyle. Professional golf supports recreational activities by inspiring public interest in the sport and motivating people to engage in golfing and other leisure pursuits that enhance physical fitness and social engagement. For instance, in November 2024, according to a report published by the Outdoor Recreation Roundtable (ORR), a US-based coalition of outdoor recreation trade associations, outdoor recreation contributed $1.2 trillion to the US economy in 2023, representing 2.3% of GDP, employing 3.1% of the nation’s workforce, and supporting 5 million jobs. Therefore, rising recreational activities are driving the professional golf market.

Key companies operating in the professional golf market are focusing on developing advanced products such as ultra-thin cast urethane covers to enhance ball control, spin performance, durability, and overall distance consistency for professional players. Ultra-thin cast urethane cover refers to a highly durable and flexible outer layer used in premium golf balls to provide enhanced spin control, a soft feel, increased durability, and better performance in short-game shots while maintaining distance on long drives. For instance, in September 2025, Tour Edge Golf Manufacturing, Inc., a US-based sports equipment manufacturing company, launched a new golf ball featuring advanced technology designed to enhance distance, control, and overall performance. The launch aims to deliver tour-level quality at an accessible price point, appealing to both professional and amateur golfers. The ball is engineered to optimize aerodynamics and spin control with innovations in core design, dimple pattern, and cover material.

In July 2025, Pro Shop, Inc., a US-based media production company, acquired GolfWRX Holdings, LLC, for an undisclosed amount. Through this acquisition, Pro Shop, Inc. aims to strengthen its presence in the golf industry by leveraging the expertise and digital platform of GolfWRX Holdings, LLC to enhance product offerings, expand online community engagement, and drive growth in the professional golf market. GolfWRX Holdings, LLC, is a US-based media and internet company providing services for professional golf.

Major companies operating in the professional golf market are Topgolf Callaway Brands Corp., TAYLOR MADE GOLF COMPANY INC., Acushnet Company, Ping Identity Holding Corp., Mizuno Corporation, Srixon Ltd., Bridgestone Golf Inc., Wilson Sporting Goods Co., Parsons Xtreme Golf LLC, Cobra Golf Inc., Roger Cleveland Golf Company Inc., Odyssey Sports Inc., Scotty Cameron, Honma Golf Limited, William Ben Hogan, Acushnet Holdings Corp, GOLFTEC Enterprises LLC., Tour Edge Golf Manufacturing, Inc., Bettinardi Golf, Sumitomo Rubber Manufacturing Co. Ltd.

North-America was the largest region in the professional golf market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the professional golf market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the professional golf market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The professional golf market consists of sales of multi-layer professional golf balls, stand bags, and cart bags. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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