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Golf Courses & Country Clubs in the US - Industry Market Research Report

Golf Courses & Country Clubs in the US - Industry Market Research Report

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Golf Courses & Country Clubs in the US - Industry Market Research Report
Golf Courses & Country Clubs in the US

Over the past five years, golf courses and country clubs have contracted slightly as an industry. The biggest long-term challenge with the growth of the industry is broadening the sport's appeal to new players. Golf courses and clubs have particularly struggled to attract younger players, with many finding the clubs to be too conservative with respect to etiquette and the sport too difficult to learn. Golf can be a costly hobby for individuals, so course operators have benefited from a growth in per capita disposable income recently, along with a growing number of consumers earning more than $100,000. Overall, industry revenue decreased at a CAGR of 0.9% to $27.2 billion, including a rise of 0.6% in 2023 alone.

This industry is primarily engaged in operating golf courses and country clubs that have dining and recreational facilities. These businesses typically provide food and beverage services, equipment rental services and golf instruction. Golf courses can be public, private, semiprivate or an extension of a private country club. This industry excludes golf driving ranges, miniature golf courses and resorts and hotels that have on-site golf courses.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

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