Global Golf Mats Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Golf Mats Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Golf mats are used to simulate grass on the course and are designed to mimic the feel of a real golf course, suitable for both indoor and outdoor training and recreation.

Market Overview:

The latest research study on the global Golf Mats market finds that the global Golf Mats market reached a value of USD 56.46 million in 2022. It’s expected that the market will achieve USD 127.21 million by 2028, exhibiting a CAGR of 14.5% during the forecast period.

Influence of COVID-19 Outbreak on Golf Mats Industry Development

The sudden onset of the COVID-19 pandemic, which has resulted in strict lockdown regulations in many countries, has disrupted the import and export of golf mats. COVID19 can affect the global economy in three main ways: directly affecting production and demand, causing supply chain and market disruptions, and financially affecting companies and financial markets. Raw material supply chains have been disrupted due to national lockdowns, putting pressure on industry product availability and ontime deliveries. Golf mats are in high demand for diversified distribution channels. The convenience of distribution channels requires distributors with smooth logistics and flexibility. However, the pandemic has hit logistics hard, severely impacting the speed of turnaround. Factors such as labor shortages and increased raw material costs will increase production costs and risks. At the same time, under the impact of the capital market, investor confidence has been frustrated, and corporate financing has become more difficult.

Challenges

The raw materials of golf mats include petrochemical products such as nylon and PVC. The macroenvironment will have an impact on the commodity market. In particular, the rise in oil prices will drive up the price of downstream chemical products, which in turn will affect the production cost of golf mats.
If golfers use hard surface golf practice mats, the adverse effects on the muscles can lead to pain, inflammation, problems and even long-term injury. A cluttered swing can lead to pain, inflammation, joint problems and even long-term problems.

They were concerned that the pads would damage the golf club, increasing the rate of club damage.

Golfers can drive the ball exactly off of a mat with each stroke. When they return to the golf course and play on the natural surface, however, those beautiful strokes are replaced with unsightly ones. Athletes worry that golf mats contribute to bad habits, once they get back on the golf course, those habits are hard to break. To achieve proper compression of the ball and the correct flight and distance for iron it is necessary for the club head to take a slightly descending path into impact, striking the ball a

Region Overview:

From 2023-2028, South United States is estimated to witness robust growth prospects.

Company Overview:

FiberBuilt Golf Mats is one of the major players operating in the Golf Mats market, holding a share of 17.31% in 2022.

FiberBuilt Golf Mats

Constantly innovating since 1995 to deliver the most realistic, attractive and durable tee lines and mats available.

TrueStrike Golf Mats are widely regarded as one of the best golf mat solutions on the market.

Segmentation Overview:

Among different product types, One-piece segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Commercial segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Golf Mats market covered in Chapter 3:

Rain or Shine Golf (SwingTurf Golf Mats)
5 Star Golf Mats
Shop Indoor Golf (SIGPRO Golf Mats)
Optishot
Wittek Golf
FiberBuilt Golf Mats
Greenjoy Golf
TrueStrike
Real Feel Golf Mats
Rukket Sports
The Net Return Pro
Cimarron

In Chapter 4 and Chapter 14.2, on the basis of types, the Golf Mats market from 2018 to 2029 is primarily split into:

Combined
One-piece

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Golf Mats market from 2018 to 2029 covers:

Commercial
Household

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)