Product Code: ETC230246 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Malaysia Golf Ball Market is poised for steady growth rate improvements from 2025 to 2029. The growth rate starts at 2.56% in 2025 and reaches 3.48% by 2029.
Malaysia's Golf Ball market is anticipated to experience a stable growth rate of 3.01% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.
The Malaysia golf ball market is closely linked to the popularity of golf as a sport and recreational activity. Malaysia boasts numerous golf courses and is a favorite destination for golf enthusiasts. Golf balls, as essential equipment for the game, witness steady demand. The market features a range of golf ball types to accommodate various skill levels and playing conditions. Innovations in golf ball technology, such as increased distance and control, continue to drive interest in newer products. The market`s outlook is tied to the health of the golf industry, and as long as golf remains a beloved pastime in Malaysia, the demand for golf balls is expected to persist.
Golf is a popular sport in Malaysia, with a dedicated following. The golf ball and golf gloves market is driven by both professional and amateur golfers seeking high-performance equipment. Technological advancements in golf ball design and glove materials have improved the game`s overall experience, driving demand. Additionally, the growth of golf tourism in Malaysia has contributed to increased sales of golf-related products. As golf continues to be a favored leisure activity, the market for golf balls and gloves is expected to remain stable.
The Malaysia golf ball market encounters various challenges. A primary issue is the high competition among golf ball manufacturers, which can lead to price wars and reduced profit margins. Economic uncertainties and fluctuations in disposable income can affect consumer spending on golf equipment. Keeping up with technological advancements in golf ball design and materials while ensuring affordability is a challenge. Moreover, promoting the sport of golf and increasing participation among younger generations is an ongoing challenge to sustain the market.
The golf ball market in Malaysia, like many other industries, experienced significant disruptions due to the COVID-19 pandemic. The impact of the pandemic on this market can be analyzed from various angles. Firstly, the closure of golf courses and restrictions on outdoor activities during lockdowns severely affected the demand for golf balls. With golf courses temporarily closed and individuals adhering to social distancing measures, recreational and competitive golf activities saw a sharp decline. This led to a noticeable decrease in the purchase of golf balls, as avid golfers were unable to use them, and tournaments were postponed or canceled.Moreover, the economic uncertainty caused by the pandemic had a substantial impact on consumer behavior. Many individuals and families faced financial challenges, which resulted in reduced discretionary spending, including on sports equipment like golf balls. People were more focused on essential needs and savings, which further dampened the demand for golf-related products, including golf balls.On the supply side, manufacturers faced disruptions in their production processes due to lockdowns, supply chain interruptions, and workforce constraints. These challenges resulted in delays in manufacturing and distribution, leading to shortages of certain golf ball brands and models in the market. This scarcity, combined with reduced demand, influenced pricing dynamics, with some brands potentially lowering prices to clear existing inventory.
In the golf ball market, major brands like Titleist, Callaway, TaylorMade, Bridgestone, and Srixon have a strong presence. Golfers in Malaysia often prefer these brands for their quality and performance on the golf course.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Malaysia Golf Ball Market Overview |
3.1 Malaysia Country Macro Economic Indicators |
3.2 Malaysia Golf Ball Market Revenues & Volume, 2021 & 2031F |
3.3 Malaysia Golf Ball Market - Industry Life Cycle |
3.4 Malaysia Golf Ball Market - Porter's Five Forces |
3.5 Malaysia Golf Ball Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Malaysia Golf Ball Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Malaysia Golf Ball Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing interest in golf as a recreational sport in Malaysia |
4.2.2 Growth in disposable income leading to higher spending on leisure activities |
4.2.3 Rise in golf tourism and the development of golf courses in Malaysia |
4.3 Market Restraints |
4.3.1 High cost associated with golf equipment and accessories |
4.3.2 Limited availability of high-quality golf ball brands in the Malaysian market |
4.3.3 Seasonal nature of golf, affecting demand for golf balls during off-peak periods |
5 Malaysia Golf Ball Market Trends |
6 Malaysia Golf Ball Market, By Types |
6.1 Malaysia Golf Ball Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Malaysia Golf Ball Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 Malaysia Golf Ball Market Revenues & Volume, By 2-piece, 2021-2031F |
6.1.4 Malaysia Golf Ball Market Revenues & Volume, By 3-piece, 2021-2031F |
6.1.5 Malaysia Golf Ball Market Revenues & Volume, By 4-piece, 2021-2031F |
6.2 Malaysia Golf Ball Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Malaysia Golf Ball Market Revenues & Volume, By Leisure, 2021-2031F |
6.2.3 Malaysia Golf Ball Market Revenues & Volume, By Professional, 2021-2031F |
7 Malaysia Golf Ball Market Import-Export Trade Statistics |
7.1 Malaysia Golf Ball Market Export to Major Countries |
7.2 Malaysia Golf Ball Market Imports from Major Countries |
8 Malaysia Golf Ball Market Key Performance Indicators |
8.1 Average revenue per round of golf played |
8.2 Number of golf tournaments hosted in Malaysia |
8.3 Percentage of golf clubs offering promotions or discounts on golf balls |
9 Malaysia Golf Ball Market - Opportunity Assessment |
9.1 Malaysia Golf Ball Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Malaysia Golf Ball Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Malaysia Golf Ball Market - Competitive Landscape |
10.1 Malaysia Golf Ball Market Revenue Share, By Companies, 2024 |
10.2 Malaysia Golf Ball Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |