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Golf Courses & Country Clubs in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Golf Courses & Country Clubs Market Research Report | NAICS 71391 | Mar 2015

Stable course: Healthier disposable income levels will assist industry growth

The Golf Courses & Country Clubs market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$23bn
Annual Growth 10-15
0.7%
Annual Growth 15-20
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Profit
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Employment
297,583
Businesses
10,752
Industry Analysis & Industry Trends

Over the five years to 2015, the Golf Courses and Country Clubs industry has struggled to make par due to the lingering effects of the recession and a decline in golf participation. High unemployment and lower consumer spending pushed down membership and golf course usage through 2011, causing industry revenue to decline. In the coming years, the industry will return to moderate growth due to high corporate profit, rising disposable income and increased consumer sentiment. These factors will likely stimulate demand for industry clubs as people return to the golf courses and country clubs... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The industry is in the mature phase of its life cycle. Over the 10 years to 2020, industry value added (IVA), which is the industry's contribution to the overall economy, is forecast to increase at an average annual rate of 0.7%, which is below the projected annualized growth rate for GDP (2.5%) over the same period. While the discrepancy between IVA and GDP growth could indicate a declining industry, the difference in rates reflects the particularly bad years through 2011, when the industry struggled due to the lingering effects of the economic downturn; as consumer sentiment and disposable income remained low, consumers cut back on nonessential expenses such as golf and country club memberships... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Golf Courses & Country Clubs Industry?

This industry primarily operates golf courses and includes country clubs that have dining and other recreational facilities. These establishments often provide food and beverage services, equipment rental services and golf instruction. Golf courses can be public, private, semiprivate or part of a country club. This industry excludes golf driving ranges, miniature golf facilities and golf course resorts and hotels.

Industry Products
MembershipsGolf course green useFood and beveragesEquipment rentals and salesOther sales and services
 
Industry Activities
Operating golf courses and country clubsProviding food and beverage servicesProviding golf equipment rental servicesProviding golf instruction services


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