According to an Irish market research firm Research and Markets, the global golf apparel market will grow at a CAGR (Compound Annual Growth Rate) of 4.33 per cent (in revenue) in 2014-2019 period.
Golf apparel includes clothing, footwear, and other accessories, which are worn while playing the sport to provide the wearer comfort and style. The apparels are designed to be lightweight via using advanced fabrics, which remove the wearer’s sweat away from the body to the outer surface of the clothing so that it can evaporate. The crossover between fashion and exercise has boosted the demand for golf apparel among men and women, thus driving growth in the segment, the report mentions.
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Besides, the growing popularity of the sport world over is also pushing sales of golf apparel and equipment further. North America, APAC, Europe, and the ROW are the key markets in this segment.
While sportswear retailers like Adidas, Nike, Under Armour and Callaway have emerged as the top vendors of golf apparels, Ralph Lauren, Puma, Escada, ASICS, Mizuno, Ping, Umbro, Acushnet Company, and Amer Sports have also made it to the list of key retailers in the segment.
The report also reveals that introduction of high-tech fabrics will also lead to surge in sales in the category.
