Golf Club Bag Market Size, Share, and COVID-19 Impact Analysis, By Type (Stand Bags, Staff Bags, Cart Bags, and Others), By Distribution Channel (Online and Offline), and Regional Forecast, 2024-2032

Golf club bags carry golf balls, gloves, and golf clubs. These bags typically feature several pockets for golf players to accommodate required supplies and equipment over the golf course. While traditional golf bags were heavy, modern bags feature waterproof and lightweight materials, increasing their popularity worldwide.

The growing popularity of golf as a sport worldwide triggers product demand. According to the National Golf Association, a U.S.-based golf-business consulting and research company, the sport was played across 206 countries in 2021, highlighting its popularity worldwide and the growing demand for golf club bags. Golf is becoming increasingly popular as a leisure activity across countries, making it an ideal lifestyle sport in premium resorts and hotels adopting golf within their facilities. In this respect, expanding golf courses in the hospitality category and rising consumer awareness regarding health and fitness favors market expansion. Furthermore, rising government support and initiatives promoting golf worldwide will likely drive market growth in the coming years. Recent years have witnessed various governments and associations introducing various initiatives to promote golf, accelerating the demand for golf club bags. For instance,

• In June 2022, the U.K. government launched Golf is Ours, its new nationwide campaign to introduce golf in primary schools.


• In May 2022, the Aramco Team Series, a European professional women's golf competition, launched POWER UP, a new initiative to support and sponsor emerging amateur female golfers worldwide.

At a macro level, the increasing number of golf players and courses worldwide drives the demand for golf clubs. According to National Golf Foundation, in 2022, there were over 16,000 golf courses in 14,000 facilities across the U.S. Numerous market players focus on launching products with innovative features such as waterproofing. For instance,  in June 2022, OGIO, a U.S.-based bags manufacturer,  launched ALL ELEMENTS, its new waterproof golf bag range. The new range features stand bag and cart bag editions.

The growing number of counterfeit products owing to increasing demand for golf equipment, including golf clubs, is restraining the market growth. Inadequate awareness about counterfeit products among consumers makes consumers unable to distinguish between fake and original. This factor is expected to restrain market growth in the coming years.

Impact of COVID-19 on the Golf Club Bag Market

The sudden outbreak of the coronavirus pandemic negatively impacted golf club bag sales across countries in 2020 and 2021. Owing to concerns about the spread of coronavirus, lockdowns were imposed in 2020 across countries worldwide, shutting down golf courses and canceling professional sports leagues, negatively impacting the market growth. The novel COVID-19 crisis also affected production and supply operations in the golf club bag category, given the shutting down of production plants and import and export bans worldwide, notably throughout 2020.

Key Insights

The report will cover the following key insights:

• Supply Chain Analysis.


• Industry SWOT Analysis.


• Key Industry Developments (Product launch, Merger, Acquisition, Partnership).


• Impact of COVID-19 on the Golf Club Bag Market.

Analysis by Type

By type, the market is segmented into stand bags, staff bags, carry bags, and others. The stand bags segment is expected to hold a dominant market share over the forecast period due to the increasing demand for multi-functional bags within this category. Stand bags are unique compared to other bags owing to multiple storage pouches for equipment such as gloves, & balls and foldable legs, making them stand inclined or completely upright. Given the rising consumer demand for robust and large golf club bags, the staff bags segment will likely witness considerable growth in the near term. As the name implies, staff bags are designed for caddies, individuals who carry golf clubs.

Analysis by Distribution Channel

The market is segmented into online and offline based on the distribution channel. The offline segment is expected to dominate the market share throughout the forecast period owing to the increasing consumer need to physically verify the product quality before making a purchase decision. The growing online shopping trend owing to the growing number of smartphone users and the increasing number of internet users worldwide accelerates product sales through the e-commerce channel. Furthermore, The increasing product availability in exclusive ranges, attractive schemes, and discounts will fuel product distribution online in the coming years. Several industry participants focus on expanding their online presence to expand their consumer reach and stay competitive. For instance,

• In March 2023, Vessel Golf, a California, U.S.-based golf bag brand, launched vesselgolf.uk., its new website, to target golf players countrywide.


• In December 2022, Vessel Golf partnered with 6EZ Group, a U.K.-based sports brand consultancy, to provide its clients with licensing, wholesale, and e-commerce strategies.

Regional Analysis

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The global market is segmented by geography into North America, Europe, Asia Pacific, South America, and the Middle East & Africa. North America is expected to hold the largest market share during the forecast period due to the rising number of golf courses and players in the U.S. and Canada. According to National Golf Foundation,  the number of on- and off-course playing golfers in the U.S. grew to 41.1 million in 2022 from 37.5 million in 2021.

Asia Pacific is expected to witness significant growth throughout the forecast timeframe owing to growing consumer interest in golf, rising disposable income, and improving golf infrastructure. Japan is a key Asian market for golf club bags. It houses numerous golf courses, encouraging individuals to play golf and favoring the demand for golf club bags. Furthermore, the rising number of golf tournaments, such as the HSBC Champions Series and WGC-Bridgestone Invitational, considerably increases the demand for various golf club bags across Japan. According to the National Golf Foundation, Japan had over 3,169 golf courses in 2019.

Key Players Covered

The report will include the profiles of key players such as Sun Mountain, PING, VESSEL FWP LLC, Jones Golf Bags, Sunday Golf, Topgolf Callaway Brands, Bleding, FlagBag Golf Co., Stitch Golf, and Real Leather Studio.

Segmentation

Key Industry Developments

• March 2023: Sun Mountain, a U.S.-based sports goods company, launched a new bag range featuring a premium vinyl material, including the retro-style MID-STRIPE stand bag. The new range was available in 30 packed golf bags with over 100 distinctive colors.


• March 2022: Motocaddy, a U.K.-based electric trolley and golf cart bag, launched a new range of bags in three models.