What is the global market size of Golf Ball Market?

Golf Ball Market size was valued at USD 10.65 billion in 2021 and is poised to grow from USD 12.45 billion in 2022 to USD 16.21 billion by 2030, growing at a CAGR of 4.21% in the forecast period (2023-2030).

Who are the key vendors in the Global Golf Ball Market?

Global golf ball market is highly competitive with the presence of many well-established international players around the globe operating local and globally as well. The several key players of global market are adopting various business strategies including development, acquisition, mergers, collaboration, and partnerships for the expansion of their geographical presence and strengthen market position. 'Titleist', 'Callaway', 'TaylorMade', 'Bridgestone', 'Srixon', 'Wilson', 'Mizuno', 'Volvik', 'Vice', 'Nike', 'Pinnacle', 'Top Flite', 'OnCore', 'Maxfli', 'Kirkland', 'Dunlop', 'Inesis', 'Decathlon', 'Slazenger', 'Precept', 'In April 2022, OnCore Golf launched New ELIXR. The 2022 ELIXR provides golfers with perimeter weighting for greater accuracy and reduced side spin off the driver. A unique polybutadiene core delivers outstanding coefficient of restitution (CoR) for higher ball speed, resulting in more carry and roll.', 'In July 2021, Wilson Sporting Goods announced its first ever opening of retail location in Chicago. It will offer a wide range of sporting goods, including Wilson’s high-performance sports equipment, in various sports categories including golf and tennis.'

Top Golf Ball Companies

Skyquest Technology's expert advisors have carried out comprehensive research and identified these companies as industry leaders in the Golf Ball Market. This Analysis is based on comprehensive primary and secondary research on the corporate strategies, financial and operational performance, product portfolio, market share and brand analysis of all the leading Golf Ball industry players.

Golf Ball Market Competitive Landscape

Golf Ball Market Top Player’s Company Profiles

Titleist
Callaway
TaylorMade
Bridgestone
Srixon
Wilson
Mizuno
Volvik
Vice
Nike
Pinnacle
Top Flite
OnCore
Maxfli
Kirkland
Dunlop
Inesis
Decathlon
Slazenger
Precept

Golf Ball Market Recent Developments

In April 2022, OnCore Golf launched New ELIXR. The 2022 ELIXR provides golfers with perimeter weighting for greater accuracy and reduced side spin off the driver. A unique polybutadiene core delivers outstanding coefficient of restitution (CoR) for higher ball speed, resulting in more carry and roll.
In July 2021, Wilson Sporting Goods announced its first ever opening of retail location in Chicago. It will offer a wide range of sporting goods, including Wilson’s high-performance sports equipment, in various sports categories including golf and tennis.

REPORT OVERVIEW BUY NOW

REQUEST FOR SAMPLE

Want to customize this report?

REQUEST FREE CUSTOMIZATION

FAQs

Golf Ball Market size was valued at USD 1.23 Billion in 2024 and is poised to grow from USD 1.26 Billion in 2025 to USD 1.56 Billion by 2033, growing at a CAGR of 2.7% during the forecast period (2026–2033).

Global golf ball market is highly competitive with the presence of many well-established international players around the globe operating local and globally as well. The several key players of global market are adopting various business strategies including development, acquisition, mergers, collaboration, and partnerships for the expansion of their geographical presence and strengthen market position. 'Titleist (USA)', 'Callaway Golf (USA) ', 'Bridgestone Golf (Japan) ', 'TaylorMade Golf (USA) ', 'Srixon (Japan) ', 'Wilson Sporting Goods (USA) ', 'Mizuno Corporation (Japan) ', 'Volvik (South Korea) ', 'Honma Golf (Japan) ', 'Nike, Inc. (USA) ', 'Acushnet Holdings Corp. (USA) ', 'Pinnacle (USA) ', 'Top-Flite (USA) ', 'Vice Golf (Germany) ', 'Snell Golf (USA) ', 'Maxfli (USA) ', 'Slazenger (UK) ', 'Dunlop Sports Co. Ltd. (Japan) ', 'Decathlon S.A. (France)'

The rapid growth in urbanization especially in the developing nations such as India and China and increased consumer disposable income are major factors projected to drive the global golf ball market during the forecast period. In the last few years, popularity of golf has increased significantly in developing countries and also among wealthy and professional people, which has resulted in high growth in the demand for golf balls. In addition, increasing importance of quality time spending coupled with the easy availability of golf equipment is also likely to have a boom in the global market.

In the recent years, there has been an extensive increase in the number of golf courses, mainly in highly developed countries including Japan, United States, and Germany. Most of these courses generally belongs to private clubs, golf-centric real estate places, and golf resorts also. Nearly 30,000 golf course facilities are available globally, and more than 70% are completely open to general public. In addition, more than 200 golf courses are currently under construction, and about 350 new projects are in the planning stage worldwide.

Globally, North America dominated the golf ball market and accounted for a healthy market share in 2021 owing to the increase awareness of sports among business professionals, high income of people, and large availability of golf courses facility in the region. Furthermore, presence of large market players such as Callaway Golf Company, Dixon Golf Inc., and Bridgestone Golf Inc. and their increasing investment in research & development sector to introduce latest products and expand their product portfolio is also anticipated to fuel the growth of the market in the region during the forecast period.

Top Golf Ball Companies

Golf Ball Market Competitive Landscape

FAQs

What is the global market size of Golf Ball Market?

Who are the key vendors in the Golf Ball Market?

What is the key driver of Golf Ball Market?

What is the key market trend for Golf Ball Market?

Which region accounted for the largest share in Golf Ball Market?

Request Free Customization