What is Global 2-Piece Distance Golf Balls Market?
The Global 2-Piece Distance Golf Balls Market is an intriguing sector of the golf industry that focuses on the production and distribution of 2-piece distance golf balls. These golf balls are designed with a large, solid core and a durable cover, which allows them to travel greater distances when hit. This is particularly beneficial for golfers who want to improve their long game. The market encompasses a wide range of brands and manufacturers, each offering their unique take on the 2-piece distance golf ball. The market is influenced by various factors such as technological advancements in ball design, changing consumer preferences, and the overall popularity of golf as a sport. However, it's important to note that the market is not just about the product itself, but also about the strategies and tactics used by companies to capture market share and drive sales.
Tournament Ball, Practice Ball in the Global 2-Piece Distance Golf Balls Market:
The Global 2-Piece Distance Golf Balls Market is segmented into two main categories: Tournament Balls and Practice Balls. Tournament Balls are designed for professional play and conform to the strict standards set by the golf governing bodies. They are typically more expensive and offer superior performance in terms of distance, spin, and control. On the other hand, Practice Balls are designed for casual play and practice sessions. They are generally more affordable and durable, making them ideal for golfers who want to improve their skills without worrying about the cost of losing or damaging expensive balls. The market dynamics for these two segments are quite different. Tournament Balls market is driven by professional tournaments and high-level amateur play, while the Practice Balls market is driven by recreational golfers and golf training centers.
Online Sales, Offline Sales in the Global 2-Piece Distance Golf Balls Market:
The Global 2-Piece Distance Golf Balls Market serves two main distribution channels: Online Sales and Offline Sales. Online Sales refers to the sale of golf balls through e-commerce platforms, brand websites, and other online retailers. This channel offers convenience and a wide range of choices for consumers, making it a popular choice for many golfers. Offline Sales, on the other hand, refers to the sale of golf balls through physical stores such as sports shops, golf specialty stores, and department stores. This channel offers the advantage of being able to see and feel the product before purchase, which is particularly important for a tactile product like golf balls. The balance between these two channels is constantly shifting, influenced by factors such as consumer shopping habits, technological advancements, and the overall retail landscape.
Global 2-Piece Distance Golf Balls Market Outlook:
The future outlook for the Global 2-Piece Distance Golf Balls Market is promising, as indicated by a recent survey. The survey projects that the market will grow from its current value of US$ 460 million in 2022 to an estimated value of US$ 631.3 million by 2029. This represents a Compound Annual Growth Rate (CAGR) of 4.6% over the period from 2023 to 2029. This growth is expected to be driven by various factors such as the increasing popularity of golf, advancements in golf ball technology, and the growing consumer demand for high-quality golf balls. However, it's important to note that these projections are based on current market conditions and trends, and actual market performance may vary due to unforeseen factors.
| Report Metric | Details |
| Report Name | 2-Piece Distance Golf Balls Market |
| Accounted market size in 2022 | US$ 460 million |
| Forecasted market size in 2029 | US$ 631.3 million |
| CAGR | 4.6% |
| Base Year | 2022 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Consumption by Region |
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| By Company | Bridgestone, Callaway, Srixon, TaylorMade, Titleist, Wilson Sporting Goods, Dick's, PGM, Volvik |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
