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Golf Balls Market

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Golf Balls Market Competitive Benchmarking

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a year ago

Global Golf Balls Market By Product (2-piece, 3-piece, and 4-piece), By Application (Leisure and Professional) Growth, Future Prospects & Competitive Analysis, 2016 – 2030

Key Highlights of the report

How are the major segments performing in the Golf Balls Market?

  • In 2021, the 2-piece product segment had the largest revenue share of the global market. These balls are ideal for beginning golfers as they are less expensive. It is considered one of the most well-liked products among beginning golfers due to its...

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Golf Balls Market

Golf balls are tiny, spherical balls that are used in the game. When struck with a golf club, it is normally made of solid or multi-layered construction with a strong outer cover and a compressible core that is intended to maximize distance and control. Golf balls are typically white, though they can also be other colors, and they are made to meet particular specifications for size, weight, and performance set by the game's governing bodies, including the Royal and Ancient Golf Club of St. Andrews (R&A) and the United States Golf Association (USGA). Golf balls are a crucial part of the game and come in a range of brands, kinds, and price points to accommodate players of all skill levels and playing preferences.


Latest trends:

Customization possibilities are available from golf ball manufacturers, including the ability to imprint individual logos or phrases on golf balls.


Multiple-layer golf balls are becoming more common because they provide a good blend of distance, spin, and control.


Golf balls with matte coatings are becoming more common as they improve vision and minimize glare.


More and more golf balls come equipped with alignment aids, such as colored lines or arrows, to help players aim their shots more precisely.

 

Drivers:
Golf is becoming more popular, which raises the need for golf balls. Younger people are becoming more interested in golf, especially in Asia and other developing economies. Golf ball technology has evolved, resulting in longer distances and higher performance thanks to better aerodynamics and materials. There is rising demand for environmentally friendly and sustainable golf balls comprised of recycled or biodegradable materials.


Risks:
Golf facilities have temporarily been closed due to the COVID-19 epidemic, and there is a decrease in demand for golf equipment, particularly golf balls. Due to their high price, golf balls may not be as popular with all customer groups.
The possibility of regulatory changes, which can affect demand and cost, such as limitations on golf ball technology or modifications to golf course designs.


Callaway Golf Company, Dixon Golf Inc., Mizuno Corporation, Bridgestone Golf Inc., Sumitomo Rubber Industries Ltd., TaylorMade Golf Company Inc., and Acushnet Holdings Corporation are a few significant market participants in the golf ball industry.

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