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Golf Tourism Market Report
Global Golf Tourism Market, Trends, Dynamics, Market Analysis
The golf tourism market is expected to witness an impressive growth of 4.2% CAGR in the foreseeable future.
The golf tourism market size is expected to reach an estimated value of USD 5.9 billion in the coming years.
Golf Tours International (UK), Golf Tours Worldwide (India), Golfasian Co. Ltd. (Thailand), Golfbreaks Ltd. (UK), Liberty Travel & Tours (M) Sdn Bhd (Malaysia), Palatinate Group Ltd. (UK), Perry Travel Inc. (The U.S.), Premier Golf Tours (Australia), Scottish Golf Holidays Inc. (Scotland), The Haversham & Baker Co. (The U.S.) are among the key players in the golf tourism market.
North America witnessed the largest share of golf tourism market in 2020.
High standards of living, increasing adoption of golf as a leisure activity among the high-income population, as well as the strong presence of golf-playing areas are among the factors driving the golf tourism market.
Domestic segment is expected to grow at a healthy CAGR in the golf tourism market in the coming five years.