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Golf Tourism Market | Growing Emphasis On Golf Infrastructure Worldwide to Boost Growth in the l1 | Technavio

31-Jan-2022 | Alaska | News-Press Release

The golf tourism market size is expected to grow by $ 41.04 bn during 2021-2025, decelerate at a CAGR of over 17.83%. The report provides thorouh insights on the COVID-19 impact on the market and new business opportunities, if any, during the pandemic period. According to Technavio research experts, we expect the impact to be significant during the first quarter, which should gradually alleviate in subsequent quarters - with a limited impact on the full-year economic growth.



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Golf Tourism Market Trends & Drivers

The golf tourism market research report has a detailed analysis on the key drivers, trends, and challenges, which will help vendors in making important business decisions and modifications to cater to the changing consumer demand. While it is essential to capitalize on key drivers such as growing emphasis on golf infrastructure worldwide, it is also crucial to understand the challenges that will impede sales during the forecast period. Identifying and addressing market growth challenges will create additional opportunities for the existing and new market players.  

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The golf tourism market has also explored key trends such as , which will have a significant positive impact on the market growth over the forecast period. A thorough study of the market trends will enable vendors to understand demographics effectively, which can be used to further product and service innovation.

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Golf Tourism Market: Segmentation Analysis

This market research report segments the golf tourism market by Type (Domestic and International) and Geography (North America, APAC, Europe, South America, and MEA).

The North America region led the golf tourism market in 2021, followed by APAC, Europe, South America, and MEA respectively. During the forecast period, the North America region is expected to register the highest incremental growth due to factors such as .

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A few of the key topics covered in the report include:

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

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