Oct 18, 2025
IndexBox has just published a new report: GCC – Golf Clubs And Other Golf Equipment – Market Analysis, Forecast, Size, Trends and Insights.
The GCC golf equipment market experienced a significant contraction in 2024, with consumption falling to 12M units and market value to $16M, representing declines of -62.9% and -64.7% respectively from the previous year. Despite this recent downturn, the market is forecast for a gradual recovery, projected to reach 15M units and $21M by 2035. The United Arab Emirates and Kuwait dominate consumption, while Kuwait is the region’s primary producer. Imports saw a sharp volume drop but a value increase due to rising prices, and exports grew in volume but declined slightly in value. Qatar has emerged as the fastest-growing market in both consumption and import value.
Key Findings
Market forecast to grow to 15M units and $21M by 2035 after a sharp 2024 declineUnited Arab Emirates and Kuwait are the dominant consumers, accounting for 93% of the market valueKuwait is the primary production hub, responsible for 99.9% of regional outputImport volume fell drastically by -69.6%, but import value rose due to a 254% price surgeQatar recorded the highest growth rates in both consumption and import valueMarket Forecast
Driven by rising demand for golf equipment in GCC, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of +2.5% for the period from 2024 to 2035, which is projected to bring the market volume to 15M units by the end of 2035.
In value terms, the market is forecast to increase with an anticipated CAGR of +2.6% for the period from 2024 to 2035, which is projected to bring the market value to $21M (in nominal wholesale prices) by the end of 2035.
ConsumptionGCC’s Consumption of Golf Clubs And Other Golf Equipment
In 2024, the amount of golf clubs and other golf equipment consumed in GCC declined rapidly to 12M units, shrinking by -62.9% against the year before. Over the period under review, consumption showed a noticeable decline. Over the period under review, consumption reached the peak volume at 40M units in 2015; however, from 2016 to 2024, consumption failed to regain momentum.
The size of the golf equipment market in GCC reduced markedly to $16M in 2024, with a decrease of -64.7% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price). In general, consumption recorded a pronounced setback. The level of consumption peaked at $46M in 2023, and then contracted remarkably in the following year.
Consumption By Country
The countries with the highest volumes of consumption in 2024 were the United Arab Emirates (5.9M units), Kuwait (4.4M units) and Oman (447K units), with a combined 93% share of total consumption. Saudi Arabia, Bahrain and Qatar lagged somewhat behind, together accounting for a further 7.5%.
From 2013 to 2024, the biggest increases were recorded for Qatar (with a CAGR of +10.8%), while consumption for the other leaders experienced mixed trends in the consumption figures.
In value terms, the United Arab Emirates ($8.2M), Kuwait ($6.1M) and Oman ($624K) were the countries with the highest levels of market value in 2024, together accounting for 93% of the total market. Saudi Arabia, Bahrain and Qatar lagged somewhat behind, together comprising a further 7.5%.
Qatar, with a CAGR of +13.0%, recorded the highest rates of growth with regard to market size among the main consuming countries over the period under review, while market for the other leaders experienced more modest paces of growth.
The countries with the highest levels of golf equipment per capita consumption in 2024 were Kuwait (973 units per 1000 persons), the United Arab Emirates (576 units per 1000 persons) and Bahrain (174 units per 1000 persons).
From 2013 to 2024, the biggest increases were recorded for Qatar (with a CAGR of +8.1%), while consumption for the other leaders experienced mixed trends in the per capita consumption figures.
ProductionGCC’s Production of Golf Clubs And Other Golf Equipment
In 2024, approx. 4.3M units of golf clubs and other golf equipment were produced in GCC; surging by 5.2% compared with the year before. Over the period under review, production enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2022 when the production volume increased by 12,770,267%. The volume of production peaked in 2024 and is expected to retain growth in the near future.
In value terms, golf equipment production declined markedly to $2.5M in 2024 estimated in export price. Overall, production recorded a resilient expansion. The growth pace was the most rapid in 2022 when the production volume increased by 35,781,029% against the previous year. The level of production peaked at $6.3M in 2023, and then contracted markedly in the following year.
Production By Country
Kuwait (4.3M units) constituted the country with the largest volume of golf equipment production, accounting for 99.9% of total volume.
From 2013 to 2024, the average annual growth rate of volume in Kuwait totaled +8.9%.
ImportsGCC’s Imports of Golf Clubs And Other Golf Equipment
In 2024, imports of golf clubs and other golf equipment in GCC fell remarkably to 8.3M units, declining by -69.6% compared with the previous year’s figure. Over the period under review, imports showed a abrupt slump. The growth pace was the most rapid in 2021 with an increase of 126% against the previous year. Over the period under review, imports reached the peak figure at 39M units in 2015; however, from 2016 to 2024, imports failed to regain momentum.
In value terms, golf equipment imports expanded rapidly to $17M in 2024. Overall, imports, however, saw measured growth. The most prominent rate of growth was recorded in 2021 when imports increased by 71% against the previous year. The level of import peaked at $18M in 2014; however, from 2015 to 2024, imports stood at a somewhat lower figure.
Imports By Country
The United Arab Emirates dominates imports structure, amounting to 6.9M units, which was near 83% of total imports in 2024. It was distantly followed by Oman (456K units), generating a 5.5% share of total imports. The following importers – Bahrain (338K units), Saudi Arabia (332K units) and Qatar (217K units) – together made up 11% of total imports.
From 2013 to 2024, average annual rates of growth with regard to golf equipment imports into the United Arab Emirates stood at -2.2%. At the same time, Qatar (+10.8%) displayed positive paces of growth. Moreover, Qatar emerged as the fastest-growing importer imported in GCC, with a CAGR of +10.8% from 2013-2024. Oman experienced a relatively flat trend pattern. By contrast, Bahrain (-8.9%) and Saudi Arabia (-24.5%) illustrated a downward trend over the same period. From 2013 to 2024, the share of the United Arab Emirates, Oman and Qatar increased by +36, +2.9 and +2.2 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the United Arab Emirates ($9.3M), Saudi Arabia ($4.7M) and Bahrain ($579K) constituted the countries with the highest levels of imports in 2024, with a combined 87% share of total imports.
In terms of the main importing countries, Saudi Arabia, with a CAGR of +11.0%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Imports By Type
Golf equipment; other than clubs and balls prevails in imports structure, finishing at 7.5M units, which was near 90% of total imports in 2024. It was distantly followed by golf balls (802K units), achieving a 9.6% share of total imports.
From 2013 to 2024, average annual rates of growth with regard to golf equipment; other than clubs and balls imports of stood at -7.3%. golf balls (-5.7%) illustrated a downward trend over the same period. Golf balls (+1.5 p.p.) significantly strengthened its position in terms of the total imports, while golf equipment; other than clubs and balls saw its share reduced by -2.1% from 2013 to 2024, respectively.
In value terms, the largest types of imported golf clubs and other golf equipment were golf equipment; other than clubs and balls ($6.7M), golf clubs; complete ($6.1M) and golf balls ($3.9M).
Golf clubs; complete, with a CAGR of +6.8%, saw the highest growth rate of the value of imports, in terms of the main imported products over the period under review, while purchases for the other products experienced more modest paces of growth.
Import Prices By Type
In 2024, the import price in GCC amounted to $2 per unit, surging by 254% against the previous year. In general, the import price continues to indicate strong growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the product type; the product with the highest price was golf clubs; complete ($99 per unit), while the price for golf equipment; other than clubs and balls ($900 per thousand units) was amongst the lowest.
From 2013 to 2024, the most notable rate of growth in terms of prices was attained by golf equipment; other than clubs and balls (+10.3%), while the other products experienced more modest paces of growth.
Import Prices By Country
The import price in GCC stood at $2 per unit in 2024, rising by 254% against the previous year. In general, the import price recorded a strong expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major importing countries. In 2024, amid the top importers, the country with the highest price was Saudi Arabia ($14 per unit), while Oman ($547 per thousand units) was amongst the lowest.
From 2013 to 2024, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+47.0%), while the other leaders experienced more modest paces of growth.
ExportsGCC’s Exports of Golf Clubs And Other Golf Equipment
In 2024, the amount of golf clubs and other golf equipment exported in GCC soared to 1.1M units, increasing by 182% compared with the year before. Over the period under review, exports, however, recorded a abrupt decrease. Over the period under review, the exports attained the maximum at 3.7M units in 2014; however, from 2015 to 2024, the exports stood at a somewhat lower figure.
In value terms, golf equipment exports declined modestly to $684K in 2024. Overall, exports enjoyed a modest expansion. The growth pace was the most rapid in 2021 with an increase of 184%. As a result, the exports attained the peak of $853K. From 2022 to 2024, the growth of the exports remained at a lower figure.
Exports By Country
The United Arab Emirates prevails in exports structure, amounting to 1M units, which was near 97% of total exports in 2024. Bahrain (17K units) took a relatively small share of total exports.
Exports from the United Arab Emirates decreased at an average annual rate of -8.2% from 2013 to 2024. At the same time, Bahrain (+11.0%) displayed positive paces of growth. Moreover, Bahrain emerged as the fastest-growing exporter exported in GCC, with a CAGR of +11.0% from 2013-2024. From 2013 to 2024, the share of the United Arab Emirates decreased by -2.1 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the United Arab Emirates ($563K) remains the largest golf equipment supplier in GCC, comprising 82% of total exports. The second position in the ranking was taken by Bahrain ($11K), with a 1.6% share of total exports.
From 2013 to 2024, the average annual rate of growth in terms of value in the United Arab Emirates was relatively modest.
Exports By Type
Golf equipment; other than clubs and balls prevails in exports structure, accounting for 958K units, which was approx. 91% of total exports in 2024. It was distantly followed by golf balls (97K units), achieving a 9.2% share of total exports.
Exports of golf equipment; other than clubs and balls decreased at an average annual rate of -8.5% from 2013 to 2024. Golf balls experienced a relatively flat trend pattern. While the share of golf balls (+5.4 p.p.) increased significantly in terms of the total exports from 2013-2024, the share of golf equipment; other than clubs and balls (-5.5 p.p.) displayed negative dynamics.
In value terms, the largest types of exported golf clubs and other golf equipment were golf equipment; other than clubs and balls ($319K), golf balls ($218K) and golf clubs; complete ($147K), together comprising 99.9% of total exports.
In terms of the main exported products, golf equipment; other than clubs and balls, with a CAGR of +1.8%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other products experienced more modest paces of growth.
Export Prices By Type
In 2024, the export price in GCC amounted to $647 per thousand units, falling by -65.6% against the previous year. In general, the export price, however, showed a resilient increase. The pace of growth appeared the most rapid in 2023 when the export price increased by 365%. As a result, the export price reached the peak level of $1.9 per unit, and then fell rapidly in the following year.
Prices varied noticeably by the product type; the product with the highest price was golf clubs; complete ($75 per unit), while the average price for exports of golf equipment; other than clubs and balls ($333 per thousand units) was amongst the lowest.
From 2013 to 2024, the most notable rate of growth in terms of prices was attained by golf equipment; other than clubs and balls (+11.3%), while the other products experienced mixed trends in the export price figures.
Export Prices By Country
The export price in GCC stood at $647 per thousand units in 2024, reducing by -65.6% against the previous year. In general, the export price, however, showed a resilient increase. The most prominent rate of growth was recorded in 2023 an increase of 365% against the previous year. As a result, the export price attained the peak level of $1.9 per unit, and then dropped markedly in the following year.
Average prices varied noticeably amongst the major exporting countries. In 2024, amid the top suppliers, the country with the highest price was Bahrain ($624 per thousand units), while the United Arab Emirates totaled $549 per thousand units.
From 2013 to 2024, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+9.3%).
Source: IndexBox Market Intelligence Platform