Golf Cart Accessories Market Size - By Accessory Type (Covers, Enclosures, Lift Kits, Wheels & Tires, Lights & Lighting Accessories, Security Systems), By Application (Golf Courses, Commercial Services, Personal) & Forecast, 2023 - 2032

Golf Cart Accessories Market Size

Golf Cart Accessories Market size surpassed USD 350 million in 2022 and is anticipated to grow at 6% CAGR from 2023 to 2032. Rising disposable incomes, an increasing number of golf courses particularly in high-income countries, and global golf tourism are driving the industry growth.
 

Furthermore, the increasing presence of women on golf courses will present significant growth opportunities in the coming years. Major industry players are also focused on developing innovative golf equipment, which is expected to support market development. Golf has recently become a leisure activity, making it a lifestyle sport. Factors including the development & expansion of new golf courses as well as increased government initiatives to promote golf tourism have increased the popularity of this sport, thereby increasing demand for its associated equipment.
 

High costs associated with these products can act as a restraint, limiting the affordability & accessibility of golf cart accessories for a broad consumer base. Moreover, evolving consumer preferences and trends can impact the demand for specific products. Shifts in fashion trends, technological advancements in equipment, and changing consumer preferences for more sustainable or eco-friendly products can also influence the golf cart accessories market dynamics, posing challenges for manufacturers and retailers.
 

COVID-19 Impact

The global pandemic disrupted supply chains across industries including the golf cart accessories industry. Manufacturing facilities and distribution networks faced temporary closures or reduced operations, leading to delays in production and delivery. This resulted in inventory shortages and increased lead times for golf cart accessories. Retail stores including golf pro shops experienced temporary closures or restrictions on operations during lockdowns. This limited customers' ability to purchase golf cart accessories in person, leading to a shift toward online sales channels.
 

Golf Cart Accessories Market Trends

Golf cart accessories, particularly golf clubs and training aids, are being incorporated with advanced technologies to enhance their performance. Manufacturers and retailers in the golf cart accessories market scenario offer customization, such as allowing golfers to choose club finishes, shaft options & grip styles and even providing personalized engravings, thus proving customers with a unique golfing experience. Environmental consciousness is gaining traction in the golf sector. Manufacturers are focusing on developing sustainable and eco-friendly golf cart accessories from recycled or renewable materials and implementing environmentally responsible manufacturing processes. Also, golfers are showing an increasing interest in products that align with their sustainability values.
 

Golf Cart Accessories Market Analysis

The lift kits segment held a market share of 25% in 2022 and is expected to cross a valuation of USD 150 million in 2032. Lift kits enable golf carts to traverse challenging terrains including rugged paths, hilly areas, and uneven surfaces. This expanded off-road capability has attracted golfers who enjoy playing on courses or areas that demand more robust transportation solutions. Lift kits allow golfers to access remote or less-developed golfing locations, adding versatility and adventure to their golfing experience.
 

The commercial services sector exceeded USD 120 million in 2022 and will depict 5% growth rate between 2023 and 2032. This segment expands beyond individual golfers, attracting businesses, organizations & industries that utilize golf cart accessories for various purposes. This segment provides additional revenue streams for manufacturers, suppliers, and retailers in the golf cart accessories market, leading innovation, customization & diversification in product offerings. As commercial applications continue to evolve and expand, the demand for golf carts will increase which will help the business expansion.
 

North America golf cart accessories industry dominated 75% of the share in 2022 and is estimated to amass USD 450 million in 2032. The region has a well-developed golf infrastructure, which includes a diverse range of golf courses, driving ranges, and golf clubs. These facilities allow golfers to participate in this sport, in turn, fueling the need for golf cart accessories such as clubs, balls, bags, apparel, and training aids. The diverse needs and preferences of this active golfing population propel the product demand.
 

Golf Cart Accessories Market Share

Some of the major players operating in the golf cart accessories market landscape are

• Buggies Gone Wild
• Buggies Unlimited
• Carts Zone
• Club Car
• Everything Carts
• EZGO
• Golf Cart Gurus
• Golf Cart King

These players are focused on strategic partnerships and new product launches & commercialization for market expansion. They are heavily investing in research to introduce innovative products and garner maximum market revenue.
 

Golf Cart Accessories Industry News:

• In April 2022, Nike released new golf shoes in preparation for The Masters including the TW' 14, Lunar Control, and Lunar Clayton. All three models have premium white uppers with various color and design details such as the outsole, lacing eyelets, and Swoosh.
   
• In February 2022, Adidas Golf debuted its Rebelcross line of golf footwear. It includes the spiked golf Tour360 22 shoes, made from a premium leather upper, that are water-resistant.
   

This golf cart accessories market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Million) from 2018 to 2032, for the following segments:

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Market, By Accessory Type

• Golf cart covers
• Golf cart enclosures
• Lift kits
• Wheels & tires
• Lights & lighting accessories
• Security systems
• Others

Market, By Application

• Golf courses
• Commercial services
• Personal

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Russia
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • Malaysia
  • Philippines
  • Indonesia
  • Thailand
  • New Zealand 
• Latin America
  • Brazil
  • Mexico
• MEA
  • UAE
  • Saudi Arabia
  • South Africa