Skip to main content
  1. Market Insights
  2. Consumer
  3. Toys & Hobby
  4. Sports Equipment

Golf Equipment - Australia & Oceania

Australia & Oceania
  • In 2025, the Golf Equipment market in Australia & Oceania is projected to generate a revenue of US$246m.
  • This market segment is expected to experience a yearly growth rate of 4.33%, as measured by the compound annual growth rate (CAGR) from 2025 to 2029.
  • When compared globally, the highest revenue is generated China, with a staggering US$9bn in 2025.
  • To put things into perspective, in 2025, the per person revenue in Australia & Oceania amounts to US$5.60.
  • Despite its small population, Australia has a thriving golf equipment market driven by its passion for the sport and the country's world-class golf courses.

Definition:

Golf equipment refers to the tools and accessories used for playing golf, such as clubs, balls, bags, gloves, shoes, and carts. The equipment can be broadly classified into two categories: playing gear and accessories. Playing gear includes items such as clubs, balls, and bags, while accessories include items such as gloves, shoes, and carts. The golf equipment market is highly dependent on factors such as the popularity of the sport, technological advancements in equipment design, and the availability of raw materials.

Additional Information:

The market comprises revenue and average revenue per capita. Figures are generated through both online and offline sales channels and include spending by consumers (B2C). Key players in the market are companies like Acushnet Holdings, Callaway Golf, TaylorMade Golf, and Ping. These companies are leaders in their respective segments and are known for their innovative products, brand reputation, and extensive distribution networks. For more information on the data displayed, use the info button right next to the boxes.

In-Scope
  • Golf clubs
  • Golf balls
  • Golf bags, gloves, trolleys, carts, and other golf accessories
Out-Of-Scope
  • Golf polos, hats, and other sports apparel
  • Golf shoes and other sports footwear

Revenue

Created with Highcharts 11.4.8ValuesTotal2018201920202021202220232024202520262027202820292004006008001,0001,2001,4001,600

NOTES: Data was converted from local currencies using average exchange rates of the respective year.

MOST_RECENT_UPDATE: Dec 2024

SOURCE: Statista Market Insights

Created with Highcharts 11.4.8ValuesTotal20182019202020212022202320242025202620272028202951015202530354045

MOST_RECENT_UPDATE: Dec 2024

SOURCE: Statista Market Insights

Key Players

MOST_RECENT_UPDATE: Mar 2024

SOURCE: Statista Market Insights

Sales Channels

MOST_RECENT_UPDATE: Jan 2025

SOURCE: Statista Market Insights

Global Comparison

MOST_RECENT_UPDATE: Dec 2024

SOURCE: Statista Market Insights

Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on consumer spending on goods people buy for their leisure activities and hobbies.

Modeling approach:

Market sizes are determined through a Top-Down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use in-house market research, national statistical offices, international institutions, trade associations, third-party studies, and survey results from our primary research (e.g., the Statista Global Consumer Survey). In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and household number. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, exponential trend smoothing is well suited for forecasting the Toys & Hobby market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.

Key Market Indicators

NOTES: Based on data from IMF, World Bank, UN and Eurostat

MOST_RECENT_UPDATE: Jan 2025

SOURCE: Statista Market Insights

Contact

Get in touch with us. We are happy to help.