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Golf stand bags feature a design that is unique as compared to other styles of golf bag. These bags have multiple storage pouches for balls, gloves, etc. and two folded legs that allow the bag to stand either completely upright or inclined. Its two legs extend out to stabilize the bag allowing easy access to the clubs.
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Golf has grown to become not only a popular recreational activity but also a sport with a major economic impact. With rich getting richer, the consumers are getting more inclined towards the sport for golf being the status symbol for the rich upper-class population, thereby boosting the sales for golf stand bag market.
Golf Stand Bag – Market- Key Segments
The golf stand bags are segmented on the basis of product types as:
The golf stand bags are segmented on the basis of material types as:
Nylon golf stand bag
Canvas golf stand bag
Leather golf stand bag
Golf stand bags are also segmented according to their distribution types as:
Sporting Goods Chain
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Golf Stand Bag – Market- Key Manufacturers
The global market for golf stand bag is dominated by several local and global players. Some of the key players are Sun Mountain, Callaway and Titleist, Taylormade, Nike, Wilson, Dongguan Goastar Sporting Goods, Original Jones, Hold Hand, Vessel, Royal Case Company, Ping, Bag Boy, OGIO and Cobra.
Regional Segments Analyzed Include
North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, U.K, Spain)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Middle East and Africa (GCC, S. Africa, N. Africa)
The popularity of other games, including indoor sports such as snooker, badminton, chess, table tennis, and other games restricts the adoption of the golf game, thereby hindering the market growth of golf stand bags. Another factor that impedes the expansion of golf stand bags market is an expensive membership of golf course which is slightly expensive luxury for the middle-class population to afford.