Equipment Market Remains Strong Midway Through ’22
One byproduct of golf’s sustained strong play and engagement: robust equipment sales. A year ago, when more rounds were played at U.S. courses than any time in history, the combined sales of premium golf clubs and balls (as measured in wholesale dollars) was up 35% over 2020. Midway through this year, cumulative club and ball shipment dollars are up another 11% compared to the same point in 2021 – to the tune of more than $1.8 billion in total. While unit shipments are also up incrementally compared to 2021 – both golf clubs (+1.4%) and balls (3.3%) – the increase is more pronounced in dollars: +10.2% for clubs and +12.1% ...
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