The National Golf Foundation released its annual Golf Industry Report and this year extended its focus outside the traditional on-course arena, including patricipation in Topgolf, indoor simulators and driving ranges.Per the report:
"While the number of people involved in off-course forms of golf increased by 7% in 2017, the total pool of green-grass golfers remained stable. An estimated 23.8 million people played golf on a course in 2017, in line with the previous year. Golfs overall participation base - combining on-course golfers with the 8.3 million people who only played off-course - is now 32 million and continues to climb incrementally. Perhaps more importantly, the games most committed golfers - those who account for approximately 95% of all rounds-played and spending - held steady at roughly 20 million."The report also focused on how the game is continuing a market correction:
Although not quite at pre-Great Recession levels, golf participation remains strong and interest in playing the game is at historic levels. The number of courses will continue to contract over the next several years as part of a needed correction of oversupply, yet acquisitions, renovations and select new course construction provides ample evidence of the confidence of capital markets in golf. And as course operators invest in their product, golfers will continue to have access to increasingly high-quality courses at reasonable rates.Other points of interest from the report:
- Young adults (ages 18 to 34) accounted for 6.2 million of the on-course golfers (or 26 percent). That total remains the same from 2016.
- Newcomers to the game continued a four-year increase, rising to 2.6 million.
- Of the newcomers, 35 percent are women (compared to 24 percent overall), 26 percent are non-Caucasian (18 percent overall) and 70 percent are under age 35 (37 percent overall).
- Rounds played for 2017 fell to 456 million from 469 million in 2016, a 2.7 percent decline.
The NGF's annual golf participation report uncovers favorable trends for the game's future These broader numbers show golf activity to be a larger and growing segment of the U.S. population
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NGF's Golf Industry Report shows sport's evolutionSource: Golf ChannelPublished on 2018-05-15. NGF's Golf Industry Report shows sport's evolution.
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NGF's Golf Industry Report shows sport's evolution
The National Golf Foundation released its annual Golf Industry Report and this year extended its focus outside the traditional on-course arena. NGF's Golf Industry Report shows sport's evolution
The NGF's annual golf participation report uncovers favorable
The NGF's 2019 annual Golf Industry Report represented only the second edition of the study. On a media call Wednesday, Joe Beditz, NGF's president and CEO, noted that on-course participants grew 1.7 percent to 24.2 million from 23.8 million in 2017. On-course participation had been trending flat or down slightly since 2004.
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May 15, 2018 · The Golf Industry Report showed that golf's on-course participant base remained stable at 23.8 million golfers last year. Included in that number are almost 20 million of the game's most
Golf participation in the U.S. increased for the first time in 15 years in 2018, according to the National Golf Foundation's 2019 Golf Industry Report, a comprehensive state-of-the-industry
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The NGF's annual Golf Industry Report takes a high-level view of this evolution, presenting a balanced state-of-the-industry overview that aggregates many of the game's key metrics. It is intended to help inform business leaders in all segments of the industry while providing a holistic view of the game to the public and media.
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