Join the club: As a result of slow demand, many operators have begun to shutter courses

Over the five years to 2018, the Golf Courses and Country Clubs industry has struggled to make par due to slow gains in golf participation. Overambitious course development over the past several decades resulted in some establishment closures during the five-year period, but the industry's long-term challenges include broadening the sport's appeal to new players. The Golf Courses and Country Clubs industry is projected to continue recording moderate growth over the five years to 2023 due to rising corporate profit and disposable income...purchase to read more.

Industry Statistics & Market Size
Annual Growth 13-18
Forecast Growth 18-23
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • The industry is projected to record moderate growth over the next five years due to rising corporate profit and disposable income
  • The industry’s smallest courses and clubs depend on the patronage of local consumers
  • Golf participation benefits from increased leisure time, particularly among retired individuals
  • Industry Report - Industry Products Chapter

    MembershipsGolf course memberships typically entitle the member to unlimited golf games throughout the year, and, if included, access to the associated country club facilities and events. This segment generates an estimated 43.4% of industry revenue in 2018, making it the largest industry segment. Membership fees have increased as a share of revenue over the past five years, as rates have steadily improved alongside the economy. Moreover, while golf participation rates from marginal players and young Americans giving the sport a pass have decreased over the past five years, the market for consistent golfers has remained much steadier, somewhat increasing this segment's share of industry revenue...purchase to read more.

    Additional Insights for the Golf Courses & Country Clubs Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Golf Courses & Country Clubs Industry are

  • Easy access to further appropriate land for development
  • Economies of scale
  • Access to highly skilled workforce
  • IBISWorld analysts also discuss how external factors such as Households earning more than $100,000 and Consumer Confidence Index in the Golf Courses & Country Clubs industry impact industry performance..

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    What's in this report

    What is the Golf Courses & Country Clubs Industry?

    This industry is primarily engaged in operating golf courses and country clubs that have dining and recreational facilities. These establishments typically provide food and beverage services, equipment rental services and golf instruction. Golf courses can be public, private, semiprivate or an extension of a private country club. This industry excludes golf driving ranges, miniature golf courses and resorts and hotels that have on-site golf courses.

    Industry Products
  • Memberships
  • Green fees
  • Food and beverages
  • Equipment rentals and sales
  • Other sales and services
  • Industry Activities
  • Operating golf courses and country clubs
  • Providing food and beverage services
  • Providing golf equipment rental services
  • Providing golf instruction services
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Households earning more than $100,000
  • Consumer Confidence Index
  • Per capita disposable income
  • Time spent on leisure and sports
  • Median age of population

  • Current Performance
  • High supply, low enthusiasm
  • Operators respond to participation trends
  • Necessary restructuring
  • Chart: Revenue Growth

  • Industry Outlook
  • Teeing off
  • Demand drives profitability
  • Industry landscape
  • Implementing marketing and technology
  • Table: Golf Courses & Country Clubs Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Golf Courses & Country Clubs Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Civic, Social & Youth Organizations
  • Public Administration
  • Consumers

  • Key Selling Industries
  • Beer Wholesaling
  • Car & Automobile Manufacturing
  • Farm Supplies Wholesaling
  • Footwear Wholesaling
  • Grocery Wholesaling
  • Sporting Goods Wholesaling
  • Wine & Spirits Wholesaling

  • Products & Services
  • Memberships
  • Green fees
  • Food and beverages
  • Equipment rentals and sales
  • Other sales and services
  • Chart: Golf Courses & Country Clubs Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Consumers aged 30 to 39
  • Consumers aged 50 to 59
  • Consumers aged 18 to 29
  • Consumers aged 40 to 49
  • Consumers aged 60 to 69
  • Consumers under 18
  • Consumers aged 70 and older
  • Chart: Major Market Segmentation for the Golf Courses & Country Clubs Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Wages
  • Purchases
  • Depreciation and other costs
  • Chart: Cost Structure Benchmarking – Sector vs Golf Courses & Country Clubs

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Golf Courses & Country Clubs Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Golf Courses & Country Clubs Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Golf Courses & Country Clubs Industry
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)
  • Consumer Spending (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Table: Industry Financial Ratios
    Green Fee
  • A fee paid to play a round of golf at a course.
  • Occasional Golfer
  • A golfer who only plays up to seven times a year and does not have a significant impact on industry revenue levels.
  • Regular Golfer
  • An avid golfer who plays at least 25 rounds annually, accounts for most golf-related spending and tends to have a greater influence on the industry.
  • What Our Customers Say

    Why buy this report?

    The Golf Courses & Country Clubs industry market report contains data and analysis of the most influential current and future trends shaping the industry. IBISWorld’s in-depth industry market research is presented in a logical, user-friendly format, and provides growth and profit forecasts for a five-year outlook period.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
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    This report on Golf Courses & Country Clubs:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Golf Courses & Country Clubs market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Golf Courses & Country Clubs, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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