Product Code: ETC230244 | Publication Date: Aug 2023 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The India golf ball market import shipments demonstrated strong growth with a CAGR of 9.3% from 2020 to 2024. However, there was a slight decline in growth momentum between 2023 and 2024, with a decrease of 3.5%. Overall, the market expansion showed signs of stabilization towards the end of the period.
Golf is a niche sport in India, but it has a dedicated following. The golf ball market caters to golf enthusiasts who demand high-quality balls for their game. Both domestic and international brands offer a range of golf balls, including options for amateur and professional players. The market`s growth is linked to the expansion of golf courses and clubs, as well as the growing interest in golf as a recreational and competitive sport.
The India golf ball market is experiencing growth due to several factors. The increasing awareness of golf as a sport and recreational activity has led to a surge in the number of golf courses and players in the country. Golf tourism is also on the rise, attracting both domestic and international players. The market is driven by the need for quality golf balls that enhance performance and cater to different skill levels. Golf ball manufacturers are investing in research and development to create technologically advanced balls, which attract serious players. The market is further boosted by corporate sponsorships, golf events, and golf tourism initiatives by the government.
The golf ball market in India faces challenges related to the sport`s niche status. Golf is not as popular in India as other sports, and this limits the market`s growth potential. High import costs for premium golf balls can also pose a challenge. Furthermore, the maintenance of golf courses and the availability of proper infrastructure for the sport remain concerns, impacting the demand for golf balls in the country.
The golf industry in India, including the golf ball market, experienced a turbulent period due to the COVID-19 pandemic. Restrictions on outdoor activities, closure of golf courses, and limitations on sports events significantly impacted the demand for golf balls. Tournaments and corporate events were either postponed or canceled, resulting in reduced sales and sponsorship deals. However, as restrictions eased and outdoor activities became permissible, there was a gradual resurgence in the golf market. Golfers returned to the courses, albeit with certain safety measures in place. The market witnessed a slow but steady recovery as enthusiasts sought to return to the sport, but challenges related to reduced corporate sponsorships and club memberships persisted.
The India golf ball market boasts key players that contribute to the sport of golf in the country. Leading manufacturers such as Acushnet Holdings Corp. (Titleist), Callaway Golf Company, Bridgestone Golf, and Srixon are instrumental in producing premium golf balls for India golfers. They offer innovative and technologically advanced golf balls that cater to the needs of golfers across different skill levels, thereby playing a crucial role in the India golfing community.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Golf Ball Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Golf Ball Market Revenues & Volume, 2021 & 2031F |
3.3 India Golf Ball Market - Industry Life Cycle |
3.4 India Golf Ball Market - Porter's Five Forces |
3.5 India Golf Ball Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 India Golf Ball Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Golf Ball Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income and rising standard of living among the Indian population |
4.2.2 Growing interest in golf as a sport and leisure activity in India |
4.2.3 Rise in the number of golf courses and golf tournaments in the country |
4.3 Market Restraints |
4.3.1 High cost associated with golf equipment and accessories, including golf balls |
4.3.2 Limited awareness and accessibility of golf facilities in certain regions of India |
5 India Golf Ball Market Trends |
6 India Golf Ball Market, By Types |
6.1 India Golf Ball Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 India Golf Ball Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 India Golf Ball Market Revenues & Volume, By 2-piece, 2021-2031F |
6.1.4 India Golf Ball Market Revenues & Volume, By 3-piece, 2021-2031F |
6.1.5 India Golf Ball Market Revenues & Volume, By 4-piece, 2021-2031F |
6.2 India Golf Ball Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Golf Ball Market Revenues & Volume, By Leisure, 2021-2031F |
6.2.3 India Golf Ball Market Revenues & Volume, By Professional, 2021-2031F |
7 India Golf Ball Market Import-Export Trade Statistics |
7.1 India Golf Ball Market Export to Major Countries |
7.2 India Golf Ball Market Imports from Major Countries |
8 India Golf Ball Market Key Performance Indicators |
8.1 Number of new golf courses being developed in India |
8.2 Participation rate in golf tournaments across different age groups |
8.3 Percentage increase in golf ball sales through online channels |
9 India Golf Ball Market - Opportunity Assessment |
9.1 India Golf Ball Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 India Golf Ball Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Golf Ball Market - Competitive Landscape |
10.1 India Golf Ball Market Revenue Share, By Companies, 2024 |
10.2 India Golf Ball Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |