Global Golf Shaft Market Insights, Forecast to 2028
Market Analysis and Insights: Global Golf Shaft Market
Due to the COVID-19 pandemic, the global Golf Shaft market size is estimated to be worth US$ 456.14 million in 2022 and is forecast to a readjusted size of US$ 616.31 million by 2028 with a CAGR of 5.14% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Iron accounting for 41.15% of the Golf Shaft global market in 2021, is projected to value US$ 244.90 million by 2028, growing at a revised 4.60% CAGR from 2022 to 2028. While Female segment is altered to an 5.98% CAGR throughout this forecast period.
China Golf Shaft market size was US$ 4.72 million in 2021, while the US and Europe Golf Shaft were US$ 212.40 million and US$ 94.24 million, severally. The proportion of the US was 50.59% in 2021, while China and Europe are 1.12% and 22.45% respectively, and it is predicted that China proportion will reach 1.97% in 2028, trailing a CAGR of 13.95% through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR 6.15%, 9.60%, and 10.38% respectively for the next 6-year period. As for the Europe Golf Shaft landscape, Germany is projected to reach US$ 16.59 million by 2028 trailing a CAGR of 4.46% over the forecast period.
The global key manufacturers of Golf Shaft include True Temper, Mitsubishi, Nippon Shaft, Paderson Shafts, Fujikura, FEMCO, Graphite Design, UST Mamiya, and LA Golf, etc. In 2021, the global top five players hold a share approximately 72.82% in terms of revenue.
Global Golf Shaft Scope and Segment
Golf Shaft market is segmented by Material, and by Application. Players, stakeholders, and other participants in the global Golf Shaft market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Material, and by Application for the period 2017-2028.
By Company
True Temper
Mitsubishi
Nippon Shaft
Paderson Shafts
Fujikura
FEMCO
Graphite Design
UST Mamiya
LA Golf
Segment by Material
Wood
Iron
Carbon Fiber
Graphite
Segment by Application
Female
Male
Children
Segment by Region
North America
United States
Canada
Asia-Pacific
China
Japan
Korea
India
Southeast Asia
AustraliaEurope
Germany
UK
France
Sweden
Italy
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Saudi Arabia
Turkey
South Africa
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