The Europe Golf Bags Market would witness market growth of 8.9% CAGR during the forecast period (2024-2031). In the year 2021, the Europe market's volume surged to 967.5 thousand units, showcasing a growth of 26.2% (2020-2024).
Cart bags in the Golf Bags Market are designed for golfers who primarily use golf carts. These bags are characterized by their sturdy construction and ample storage space, often featuring 14-way top dividers to keep clubs organized and protected. Therefore, the Germany market is expected to utilize 146.36 thousand units of cart bags by 2031.
The Germany market dominated the Europe Golf Bags Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $126.9 million by 2031. The UK market is exhibiting a CAGR of 7.9% during (2024 - 2031). Additionally, The France market would experience a CAGR of 9.9% during (2024 - 2031).
The health benefits associated with playing golf have also contributed to its increasing popularity. Golf is recognized for providing a range of physical and mental health benefits. It promotes cardiovascular health, improves muscle tone and endurance, and offers a way to manage stress through outdoor activity.
Moreover, the leisurely pace of golf, combined with the physical exercise of walking the course and swinging the clubs, makes it an attractive option for those looking to stay active without engaging in strenuous activities. Health-conscious individuals are thus more inclined to take up golf, further boosting the demand for golf-related products, including bags designed for comfort and functionality.
Europe boasts a rich golfing heritage with renowned courses and tournaments. This tradition fuels continued interest in the sport and a steady demand for equipment like golf bags. The UK has some of the most iconic golf courses, including St. Andrews, Royal Birkdale, and Royal St. George’s. According to VisitScotland, golf tourism in Scotland alone generates over £286 million annually, highlighting the substantial economic impact of the sport. The allure of playing on historic courses that host major championships like The Open attracts thousands of international golfers each year.
Free Valuable Insights: The Global Golf Bags Market will Hit USD 2.3 Billion by 2031, at a CAGR of 9.3%
Based on Type, the market is segmented into Soft and Hard. Based on Product, the market is segmented into Stand Bag, Cart Bag, Tour Bag, Travel Bag, and Pencil Bag. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
By Type(Volume, Thousand Units, USD Billion, 2020-2031)
By Product (Volume, Thousand Units, USD Billion, 2020-2031)
By Country (Volume, Thousand Units, USD Billion, 2020-2031)
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