Golf is a sport played by a golf ball and golf club in a golf course with a series of holes. Golf gloves are apparel, worn by the golfer while handling the golf club for various reasons for instance, for good grip, to avoid the blisters & callous, for warmth & dryness while playing in humid & cold conditions. Some golf players like to have a slack grip while playing, and these gloves help to create more friction & gripping power with the club. Different types of gloves are available from various materials such as synthetic fabric, leather, thermal gloves, etc.
As per analysis, “Golf Gloves Market: Market Segments: By Product (Individual Golf Gloves, Institutional Golf Gloves and Promotional Golf Gloves); By Material (Leather Golf Gloves, Synthetic Golf Gloves, All weather Golf Gloves and Thermal Golf Gloves); By Distribution Channel (Offline and Online); and Region – Global Analysis by Market Size, Share & Trends for 2019 – 2020 and Forecasts to 2030”. Some of the leading organizations associations in the golf gloves industry include Mizuno, MG Golf, Callaway, Acushnet, Under Armour, TylorMade Golf, 3M, Finger Ten, Nike, Titelist and among others. Leading market players are stepping up their efforts to reinforce their presence in the global market by predominantly entering into partnerships with internationally renowned technology partners.
Based on product type, golf gloves market is segmented as institutional golf gloves, individual golf gloves and promotional golf gloves. The promotional golf gloves segment dominates the global market owing to rise in demand for premium gloves. Based on material, market is segmented as synthetic golf gloves, thermal golf gloves, leather golf gloves and all-weather golf gloves. In addition, based on mode of distribution channel, market is segmented as online mode and offline mode. The offline segment holds the major share in the global market is it increases the product’s visibility.
The golf gloves market is driven by rise in awareness among the golfers about the protection of fingers & palm against blisters, followed by an increase in the number of golf courses, rise in popularity of golf among amateur players, country clubs & business personnel and growth in innovations related to the fabrics used for gloves production including water-resistant Golf Gloves. However, high prices of golf gloves and low preference of these types of gloves among professional players as they favor the feel of their hands directly on the golf club may impact the market.
Based on geography, the North-America is a leading region in global golf gloves market owing to the presence of proven infrastructure in developed countries and increase in consumer interest in golf as a sport across the region. The Asia-Pacific and Europe regions are likely to witness higher growth rate due to change in lifestyle of people coupled with willingness to spend on recreational activities over the forecast period. It is estimated that future of the global golf gloves market will be optimistic because of rise in popularity of golf as a sport during the forecast period.
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Ankur Gupta, Head Marketing & Communications