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Global Disc Golf Market Size By Product Type, By Application, By Geographic Scope And Forecast


Published on: 2024-08-08 | No of Pages : 320 | Industry : latest updates trending Report

Publisher : MIR | Format : PDF&Excel

Global Disc Golf Market Size By Product Type, By Application, By Geographic Scope And Forecast

Disc Golf Market Size And Forecast

Disc Golf Market size was valued at USD 248.69 Billion in 2023 and is projected to reach USD 688.98 Billion by 2030, growing at a CAGR of 15.67% during the forecast period 2024-2030.

Global Disc Golf Market Drivers

The market drivers for the Disc Golf Market can be influenced by various factors. These may include

  • Growing Popularity Disc golf has become more and more well-liked as a leisure activity, drawing participants of all ages and ability levels. Disc golf courses and equipment are in greater demand as more people get interested in outdoor recreation and alternative sports.
  • Accessibility Disc golf may be played in parks, forested areas, and urban settings. It is also a somewhat simple game to learn. People seeking accessible and reasonably priced leisure activities find it appealing because of its accessibility.
  • Health and Wellness Trends Disc golf is an enjoyable and energetic form of exercise, and there is a rising recognition of the benefits of outdoor recreation and physical fitness for health and wellness. This fits well with the general trend in society towards healthier lives.
  • Environmental Consciousness Because disc golf usually leaves less of an ecological imprint than traditional golf, it is frequently regarded as a more ecologically friendly sport than traditional golf. Customers that place a high value on environmental preservation and sustainability will find this appealing.
  • Community & Social Engagement With several local clubs and events centered around the game, disc golf encourages a sense of community among participants. The disc golf community has expanded thanks in part to social media and online groups, which allow players to communicate, exchange advice, and plan get-togethers.
  • Professionalization and Sponsorship As the disc golf industry has expanded, leading players are becoming more well-known and landing sponsorship offers. The sport is becoming more well-known and drawing more participants and spectators as a result of its professionalization, which is fueling market expansion.
  • Equipment Innovation Disc golf equipment manufacturers are always coming up with new and improved discs, bags, and accessories. Innovative designs and materials improve performance and appeal to players who play for fun as well as those who compete.
  • Infrastructure Investment The development of new disc golf courses and the renovation of old ones are among the infrastructure projects that governments, towns, and private groups are funding. This growth in playing facilities opens up possibilities for more people to participate and for the market to expand.

Global Disc Golf Market Restraints

Several factors can act as restraints or challenges for the Disc Golf Market . These may include

  • Limited Accessibility Finding appropriate disc golf courses can be very difficult, especially in crowded cities where there is a shortage of space or high course costs.
  • Seasonal Dependency Playing disc golf is sometimes seen as a seasonal activity, with participation declining in the winter or during bad weather. The revenue streams available to equipment manufacturers, event planners, and course operators may be restricted due to this seasonal dependency.
  • Lack of Awareness Compared to more traditional sports, disc golf may still be less well-known to the general public, despite its rising popularity. Growth potential may be hampered by this, especially in areas where the sport is not as well-known.
  • Perceived Barrier to Entry Because discs and other equipment must be first purchased, some prospective players might believe that disc golf is unattainable. Furthermore, the learning curve for disc golf methods can deter beginners from taking up the sport.
  • Regulatory Obstacles In some places, zoning laws, environmental restrictions, and other regulatory barriers may make it difficult to build or expand disc golf courses.
  • Competition from Other Recreational Activities A variety of recreational activities vie with disc golf for players’ time and attention. Potential disc golf players may be drawn to other outdoor activities, video games, and indoor leisure possibilities.
  • Economic Factors Consumer expenditure on leisure activities, such as disc golf equipment, tournament fees, and course memberships, can be impacted by economic downturns or uncertainties.
  • Infrastructure Restrictions Putting up tee pads, baskets, and signage, among other infrastructure pieces, is necessary for the development and upkeep of disc golf courses. Existing courses may not be able to be improved or expanded due to a lack of financing.
  • Social Stigma Despite initiatives to encourage diversity, some people might view disc golf as a specialized or out-of-the-ordinary pastime, which could discourage more people from participating.
  • Risk of Damage Even though disc golf is regarded as a low-impact activity, accidents, overexertion, and repetitive motion can still result in damage. Anxiety about possible harm could deter some people from taking part.

Global Disc Golf Market Segmentation Analysis

The Global Disc Golf Market is Segmented on the basis of Product Type, Application, And Geography.

Disc Golf Market, By Product Type

  • Distance Drivers Designed for maximum distance throws, with a high speed rating and low glide rating. Think of them as the powerhouses of the disc golf world.
  • Fairway Drivers Offer a balance between distance and control, with a medium speed and glide rating. They’re the versatile workhorses for throws off the tee or down the fairway.
  • Midrange Drivers Known for their accuracy and control, ideal for approach shots and tight fairways. They have a low speed rating and high glide rating, allowing for precise throws with good hang time.
  • Putt & Approach Discs As the name suggests, these are for putting and upshots near the basket. They have a very low speed rating and very high glide rating, prioritizing touch and finesse over raw power.
  • Mini Discs Smaller discs used for practice putting, casual games, or even marking your lie on the course.

Disc Golf Market, By Application

  • Professional High-performance discs used by competitive players in tournaments, prioritizing consistency and control.
  • Casual Recreational discs designed for beginners or casual players, focusing on affordability and ease of use.
  • Junior Discs specifically made for children, with lighter weight and smaller sizes for easier throwing and learning.

Disc Golf Market, By Geography

  • North America Market conditions and demand in the United States, Canada, and Mexico.
  • Europe Analysis of the Health Care Credentialing Software Market in European countries.
  • Asia-Pacific Focusing on countries like China, India, Japan, South Korea, and others.
  • Middle East and Africa Examining market dynamics in the Middle East and African regions.
  • Latin America Covering market trends and developments in countries across Latin America.

Key Players

The major players in the Disc Golf Market are

  • Innova Discs
  • Discraft
  • Dynamic Discs
  • Latitude 64
  • MVP Disc Sports
  • Prodigy Disc
  • Westside Discs
  • Discmania
  • Gateway Disc Sports
  • Legacy Discs

Report Scope

REPORT ATTRIBUTESDETAILS
STUDY PERIOD

2020-2030

BASE YEAR

2023

FORECAST PERIOD

2024-2030

HISTORICAL PERIOD

2020-2022

UNIT

Value (USD Billion)

KEY COMPANIES PROFILED

Innova Discs, Discraft, Dynamic Discs, Latitude 64, MVP Disc Sports, Westside Discs, Discmania, Gateway Disc Sports, Legacy Discs

SEGMENTS COVERED

By Product Type, By Application, And By Geography

CUSTOMIZATION SCOPE

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• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

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