3-Minute Business Insights
Consumer surveys indicate that gift-giving for all things golf – including equipment, apparel and accessories -- is projected to remain strong this holiday season, even as manufacturers and retailers wrestle with production, inventory and shipping challenges.
The number of off-course golf participants and off-course venues continues to grow, from golf entertainment facilities like Topgolf, Drive Shack and BigShots to commercial simulator locations popping up around the country. So, how big can the off-course golf market get?
February rounds were down 4.7% nationwide compared to a year ago, when play for the month had been up 19% before the pandemic hit the U.S.