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Executive Summary:
This report on the Research and Investment Prospect of China Golf Industry provides a comprehensive analysis encompassing market size, supply-demand dynamics in the golf market, regional competition patterns, performance of major golf clubs, as well as future predictions. It furnish stakeholders with an enhanced understanding of the industry and serve as valuable decision-making resources for investors.
The current landscape of Chinese golf product firms is predominantly concentrated in Guangdong, Zhejiang, Jiangsu, and Shangh provinces. In 2013, the output value of golf goods was estimated at CNY 6.4 billion, a notable increase from CNY 5.8 billion recorded in 2012, with year-on-year growth of approximately 10.34.
For the year 2012, Chinese core golf population was observed to have expanded significantly, reaching around 386,000 individualsa rise of about 7.8 compared to previous years. Based on this data and taking into account that core golf enthusiasts typically constitute approximately 35 to 42 of total golf enthusiasts in China, we estimate the total number of golfers across the country to be roughly between 920,000 and 1.1 million.
As incomes continue to rise and living standards improve within China over the next few years, it is forecast that the rate of growth for the golf population will remn around 12. This growth trajectory is expected to stimulate further expansion in the production scale of golf products industry.
The report serve as a guide for players in the golf business, providing insights into market dynamics and strategic opportunities. By analyzing key aspects such as regional competition and performance metrics of leading clubs, this research assists stakeholders in making informed decisions about investments and strategic planning.
Key Findings:
Market Size: The output value of Chinese golf products reached CNY 6.4 billion in 2013.
Golf Population Growth: The number of core golf enthusiasts grew by 7.8 to reach approximately 386,000 individuals in 2012.
Potential for Expansion: With a forecasted growth rate of around 12, the golf population is expected to sustn its expansion tr.
By providing these insights and projections, this report equip industry stakeholders with comprehensive data that can drive strategic decisions and support investment opportunities. The future outlook emphasizes not only the growth potential but also underscores the importance of understanding regional dynamics and competition patterns to maximize market share and success in the Chinese golf industry.
: This summary is for informational purposes only, readers should refer to the full report for detled information.
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China Golf Industry Market Size Analysis Chinese Golf Population Growth Insights Golf Products Output Value Forecast Regional Competition in China Golf Major Golf Clubs Performance Review Future Outlook of China Golf Investment