For suppliers and distributors working in the golf apparel space, we have good news. Market research company Technavio released a study on the growing global golf apparel market, and the forecasts are positive.
The study predicted that the global golf apparel market will grow more than 5 percent from 2017 to 2021. Technavio cited new innovative product offerings, like sweat management and all-weather clothing as possible reasons for the expected growth. Also, growth within the percentages of women golfers and Gen Y golfers will contribute to the increased demand for golf clothing.
The golf accessories market, which includes hats, visors and gloves, is also expected to experience 1.67 percent growth.