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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

IBISWorld’s Golf Courses & Country Clubs market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

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 Analysis Chapter

Depressed consumer and business spending in the aftermath of the recession caused the Golf Courses and Country Clubs industry to contract early in the five-year period. Because the industry relies solely on its consumer base, declining membership levels, which were largely due to the collapse in consumer sentiment and decreased household wealth in 2009, continued to hurt industry revenue through 2011. Additionally, according to data from the National Golf Foundation (NGF), golf participation rates have been declining for the past decade... 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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