Golf Tourism Market Outlook
According to the report by Expert Market Research (EMR), the global golf tourism market size is projected to grow at a CAGR of 7.4% between 2024 and 2032. Aided by the increasing popularity of golf as a leisure activity and the expanding global travel and tourism industry, the market is expected to grow significantly by 2032.
Golf tourism involves traveling to destinations to play golf, often integrating other leisure activities. This niche segment of tourism is increasingly being recognised for its contribution to local economies, including hotel occupancy, restaurant dining, and cultural tourism.
The golf tourism market growth is primarily fuelled by the rising popularity of golf as a sport and a leisure activity among diverse age groups. The growing middle and upper-class populations, particularly in emerging economies, have contributed significantly to the sport’s popularity, leading to increased participation in golf tourism.
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Another key driver of the golf tourism market demand is the development of world-class golf courses around the globe, coupled with the hospitality industry’s focus on providing comprehensive golf vacation packages. These packages often include luxurious accommodations, golf rounds, training sessions, and cultural experiences, making them appealing to a wide range of tourists.
The rising trend of combining business and leisure travel (bleisure) has also positively impacted golf tourism. Business professionals often extend their trips for leisure purposes, including golf, adding to the market’s growth.
A significant golf tourism market trend is the increasing focus on sustainable and eco-friendly golf courses. This includes the use of environmentally friendly practices in course maintenance, water conservation, and preserving natural habitats, aligning with the global emphasis on sustainability.
The emergence of golf tourism as a key segment in sports tourism has led to strategic collaborations between tour operators, hotels, and golf course operators. These collaborations aim to create unique and customised experiences for golf tourists, further driving the market’s growth.
North America, with its extensive number of golf courses and a strong golfing culture, holds a significant share in the golf tourism market. Europe follows, with countries like Scotland, Ireland, and Spain being popular golf tourism destinations due to their world-renowned golf courses and rich golfing history.
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Golf Tourism Market Segmentation
The market can be divided based on type, service type, and region.
Market Breakup by Type
- Domestic
- International
Market Breakup by Service Type
- Personal Tours
- Professional Tours
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global golf tourism market. Some of the major players explored in the report by Expert Market Research are as follows:
- Golf Tours International Ltd
- GruppeCosta Rica’s Golf Vacation
- GolfinSouthAfrica Ltd
- EFR Leisure Travel
- travelOsports
- My Golf Tours
- Golf Tourism England
- Golf International
- International Golf Specialists
- Golftripz
- Others
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