Golf Shaft Market Analysis

Golf Shaft Market Analysis

To get key market trends

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Based on material, the golf shaft market is segmented as steel, graphite, multi-material, others. Steel held a majority market value of USD 98.2 million in 2022. Steel shafts are known for their stability and consistent performance, providing golfers with a predictable feel and ball flight. Golfers who prefer a more traditional and familiar shaft option often choose steel for its reliable performance.
 

Based on type, the golf shaft market is segmented as iron shafts, wood shafts, hybrid shafts, putter shafts. Iron shafts held a dominant market share of around 40% in 2022. Iron shafts combine the benefits of graphite and steel or other materials to provide a balance of lightweight performance and enhanced stability. Golfers seeking a versatile shaft option may prefer iron designs.
 

Based on flexibility the golf shaft market is segmented as extra stiff, stiff, regular, senior, ladies/flex, others. Extra stiff segment is anticipated to grow at 4.5% CAGR through 2032. Golfers with very high swing speeds often choose extra stiff shafts to control their ball flight and reduce excessive shaft flex.
 

Based on manufacturing process, the golf shaft market is segmented as Steel shafts, Graphite shafts. Prepreg layup is a common process for manufacturing graphite shafts. The demand for this process is driven by the popularity of graphite shafts, which offer lightweight performance and vibration dampening for a soft feel.
 

Based on manufacturing process, the golf shaft market is segmented as drivers, fairway woods, hybrids, irons, wedges, putters. Golfers using drivers seek shafts that can maximize distance and provide a desirable launch angle. Low torque and lightweight graphite shafts are often preferred for increased clubhead speed and ball speed.
 

U.S. dominated the North American region with majority golf shaft market share and a revenue of USD 68.2 million in 2022. The level of golf participation in North America directly affects the demand for golf shafts. Higher golf participation rates result in increased demand for shaft replacements, upgrades, and custom-fit options.