NEW YORK, June 30, 2022 /PRNewswire/ -- The "Golf Tourism Market by Type and Geography - Forecast and Analysis 2021-2025" report by Technavio estimates the market size to increase by USD 41.04 billion between 2020 and 2025. The market observed a YOY growth of 31.56% in 2021 and the growth momentum is expected to accelerate at a CAGR of 17.83% during the forecast period. According to the report, the increasing focus on improving the golf infrastructure worldwide is expected to drive the market globally. North America is expected to generate significant revenue in the market.

View Our Sample Report for more highlights on the market size, market behavior across geographies, and much more.

Vendor Landscape

The global golf tourism market is fragmented, and the degree of fragmentation will accelerate during the forecast period. The market is characterized by the presence of numerous market players, including a few established players. The competition among the market competitors is based on different factors such as price, quality, technology, brand, and variety, with vendors adopting various marketing strategies to increase their market share. Some of the vendors in the market are partnering with dominant and strong competitors to increase their visibility and investments in R&D. Vendors are also focusing on new product launches and continuous innovation to expand their share in the market.

Technavio identifies Golf Tours International, Golf Tours Worldwide, Golfasian Co. Ltd., Golfbreaks Ltd., Liberty Travel and Tours (M) Sdn Bhd, Palatinate Group Ltd., Perry Travel Inc., Premier Golf Tours, Scottish Golf Holidays Inc., and The Haversham and Baker Co. as some of the major market participants. Although the growing emphasis on golf infrastructure worldwide will offer immense growth opportunities, the increasing threat from fantasy golf will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Read Our Report Sample for more insights into the vendor landscape and the factors impacting their growth.

Golf Tourism Market 2021-2025: Segmentation

The global golf tourism market is segmented as below:

• Type
• Domestic
• International

The domestic segment generated maximum revenue in the market in 2021. The advantages such as familiarity with the country's sports tourism policies and rules and the lesser financial tax imposed on domestic tourism are driving the growth of the segment.

• Geography
• North America
• APAC
• Europe
• South America
• MEA

North America will have the maximum share of the market. The presence of well-developed economies, favorable weather conditions, availability of a variety of terrains, and extensive media exposure to the sport are driving the growth of the regional market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our golf tourism market report covers the following areas:

• Golf Tourism Market size
• Golf Tourism Market trends
• Golf Tourism Market industry analysis

Golf Tourism Market 2021-2025: Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the golf tourism market. Backed with competitive intelligence and benchmarking, our research report on the golf tourism market is designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.

Golf Tourism Market 2021-2025: Key Highlights

• CAGR of the market during the forecast period 2021-2025
• Detailed information on factors that will assist golf tourism market growth during the next five years
• Estimation of the golf tourism market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the golf tourism market
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of golf tourism market vendors

Related Reports:

• Golf Equipment Market by Product, Distribution Channel and Geography - Forecast and Analysis 2021-2025
• Golf Clubs Market by Product and Geography - Forecast and Analysis 2021-2025

Table Of Contents :

1 Executive Summary

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 01: Parent market
• Exhibit 02: Market characteristics

• 2.2 Value chain analysis
• Exhibit 03: Value chain analysis: Hotels, restaurants, and leisure market

3 Market Sizing

• 3.1 Market definition
• Exhibit 04: Offerings of vendors included in the market definition

• 3.2 Market segment analysis
• Exhibit 05: Market segments

• 3.3 Market size 2020

• 3.4 Market outlook: Forecast for 2020 - 2025
• Exhibit 06: Global - Market size and forecast 2020 - 2025 ($ billion)
• Exhibit 07: Global market: Year-over-year growth 2020 - 2025 (%)

4 Five Forces Analysis

• 4.1 Five forces summary
• Exhibit 08: Five forces analysis 2020 & 2025

• 4.2 Bargaining power of buyers
• Exhibit 09: Bargaining power of buyers

• 4.3 Bargaining power of suppliers
• Exhibit 10: Bargaining power of suppliers

• 4.4 Threat of new entrants
• Exhibit 11: Threat of new entrants

• 4.5 Threat of substitutes
• Exhibit 12: Threat of substitutes

• 4.6 Threat of rivalry
• Exhibit 13: Threat of rivalry

• 4.7 Market condition
• Exhibit 14: Market condition - Five forces 2020

5 Market Segmentation by Type

• 5.1 Market segments
• Exhibit 15: Type - Market share 2020-2025 (%)

• 5.2 Comparison by Type
• Exhibit 16: Comparison by Type

• 5.3 Domestic - Market size and forecast 2020-2025
• Exhibit 17: Domestic - Market size and forecast 2020-2025 ($ billion)
• Exhibit 18: Domestic - Year-over-year growth 2020-2025 (%)

• 5.4 International - Market size and forecast 2020-2025
• Exhibit 19: International - Market size and forecast 2020-2025 ($ billion)
• Exhibit 20: International - Year-over-year growth 2020-2025 (%)

• 5.5 Market opportunity by Type
• Exhibit 21: Market opportunity by Type

6 Customer landscape

7 Geographic Landscape

• 7.1 Geographic segmentation
• Exhibit 23: Market share by geography 2020-2025 (%)

• 7.2 Geographic comparison
• Exhibit 24: Geographic comparison

• 7.3 North America - Market size and forecast 2020-2025
• Exhibit 25: North America - Market size and forecast 2020-2025 ($ billion)
• Exhibit 26: North America - Year-over-year growth 2020-2025 (%)

• 7.4 APAC - Market size and forecast 2020-2025
• Exhibit 27: APAC - Market size and forecast 2020-2025 ($ billion)
• Exhibit 28: APAC - Year-over-year growth 2020-2025 (%)

• 7.5 Europe - Market size and forecast 2020-2025
• Exhibit 29: Europe - Market size and forecast 2020-2025 ($ billion)
• Exhibit 30: Europe - Year-over-year growth 2020-2025 (%)

• 7.6 South America - Market size and forecast 2020-2025
• Exhibit 31: South America - Market size and forecast 2020-2025 ($ billion)
• Exhibit 32: South America - Year-over-year growth 2020-2025 (%)

• 7.7 MEA - Market size and forecast 2020-2025
• Exhibit 33: MEA - Market size and forecast 2020-2025 ($ billion)
• Exhibit 34: MEA - Year-over-year growth 2020-2025 (%)

• 7.8 Key leading countries
• Exhibit 35: Key leading countries

• 7.9 Market opportunity by geography
• Exhibit 36: Market opportunity by geography ($ billion)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges
• Exhibit 37: Impact of drivers and challenges

• 8.3 Market trends

9 Vendor Landscape

• 9.1 Vendor landscape
• Exhibit 38: Vendor landscape

• 9.2 Landscape disruption
• Exhibit 39: Landscape disruption
• Exhibit 40: Industry risks

• 9.3 Competitive landscape

10 Vendor Analysis

• 10.1 Vendors covered
• Exhibit 41: Vendors covered

• 10.2 Market positioning of vendors
• Exhibit 42: Market positioning of vendors

• 10.3 Golf Tours International

• 10.4 Golf Tours Worldwide
• Exhibit 46: Golf Tours Worldwide - Overview
• Exhibit 47: Golf Tours Worldwide - Product and service
• Exhibit 48: Golf Tours Worldwide - Key offerings

• 10.5 Golfasian Co. Ltd.
• Exhibit 49: Golfasian Co. Ltd. - Overview
• Exhibit 50: Golfasian Co. Ltd. - Product and service
• Exhibit 51: Golfasian Co. Ltd. - Key offerings

• 10.6 Golfbreaks Ltd.
• Exhibit 52: Golfbreaks Ltd. - Overview
• Exhibit 53: Golfbreaks Ltd. - Product and service
• Exhibit 54: Golfbreaks Ltd. - Key offerings

• 10.7 Liberty Travel and Tours (M) Sdn Bhd
• Exhibit 55: Liberty Travel and Tours (M) Sdn Bhd - Overview
• Exhibit 56: Liberty Travel and Tours (M) Sdn Bhd - Product and service
• Exhibit 57: Liberty Travel and Tours (M) Sdn Bhd - Key offerings

• 10.8 Palatinate Group Ltd.
• Exhibit 58: Palatinate Group Ltd. - Overview
• Exhibit 59: Palatinate Group Ltd. - Product and service
• Exhibit 60: Palatinate Group Ltd. - Key offerings

• 10.9 Perry Travel Inc.
• Exhibit 61: Perry Travel Inc. - Overview
• Exhibit 62: Perry Travel Inc. - Product and service
• Exhibit 63: Perry Travel Inc. - Key offerings

• 10.10 Premier Golf Tours
• Exhibit 64: Premier Golf Tours - Overview
• Exhibit 65: Premier Golf Tours - Product and service
• Exhibit 66: Premier Golf Tours – Key News
• Exhibit 67: Premier Golf Tours - Key offerings

• 10.11 Scottish Golf Holidays Inc.
• Exhibit 68: Scottish Golf Holidays Inc. - Overview
• Exhibit 69: Scottish Golf Holidays Inc. - Product and service
• Exhibit 70: Scottish Golf Holidays Inc. - Key offerings

• 10.12 The Haversham and Baker Co.
• Exhibit 71: The Haversham and Baker Co. - Overview
• Exhibit 72: The Haversham and Baker Co. - Product and service
• Exhibit 73: The Haversham and Baker Co. - Key offerings

11 Appendix

• 11.1 Scope of the report

• 11.2 Currency conversion rates for US$
• Exhibit 74: Currency conversion rates for US$

• 11.3 Research methodology
• Exhibit 75: Research Methodology
• Exhibit 76: Validation techniques employed for market sizing
• Exhibit 77: Information sources

• 11.4 List of abbreviations
• Exhibit 78: List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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