42 Golf Equipment Statistics

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These golf equipment figures cover the measurement periods and populations identified in the available source material. Estimates, surveys and forecasts retain their reported scope.

Key Golf Equipment Statistics

The main findings are:

  • Acushnet reported $2,457.1 million in total net sales for 2024 (year ended December 31, 2024; Acushnet worldwide).
  • Acushnet golf-ball sales were $786.5 million in 2024 (Acushnet worldwide).
  • Callaway’s 2024 golf-club revenue was $1,060.9 million (Callaway worldwide).
  • Acushnet U.S. Titleist golf-equipment sales increased $74.9 million in 2024 (2024 versus 2023).
  • Acushnet gross margin was 48.3% in 2024, up from 47.0% in 2023 (2024 and 2023; Acushnet worldwide).
  • NGF says golf-equipment manufacturers have reported monthly sales to it in units and dollars for more than 50 years (more than 50 years through 2024; NGF participating manufacturers).
  • Acushnet’s Titleist golf equipment generated $1,507.8 million in 2024 net sales (Acushnet worldwide).
  • Acushnet golf-ball sales rose 3.3% in 2024 versus 2023 (Acushnet worldwide).
  • Callaway’s 2024 golf-ball revenue was $321.1 million (Callaway worldwide).
  • Acushnet U.S. Golf gear sales increased $13.5 million in 2024 (2024 versus 2023).
  • Acushnet gross profit increased $67.7 million in 2024 versus 2023 (Acushnet worldwide).
  • Titleist golf equipment represented approximately 61% of Acushnet’s total 2024 net sales (Acushnet worldwide).
  • Acushnet golf-ball sales increased $24.8 million in 2024 versus 2023 (Acushnet worldwide).
  • Callaway golf-club revenue decreased 1.2% in 2024 versus 2023 (Callaway worldwide).
  • Acushnet U.S. FootJoy golf-wear sales increased $6.8 million in 2024 (2024 versus 2023).

Contents

Golf equipment market size and manufacturer sales statistics

Company revenue, not the entire golf-equipment market.

Titleist segment only.

Company-reported approximate share; denominator is Acushnet total sales.

Golf clubs and golf balls segment, not all golf accessories.

Golf clubs and golf balls segment.

Company-reported change.

Reported segment growth rate.

Non-GAAP constant-currency measure.

All Acushnet products, not equipment alone; constant currency is non-GAAP.

The reported acushnet golf-ball sales figures cover Acushnet worldwide.

Measurement period Acushnet golf-ball sales (US$ millions)
2024 $786.5 million
2023 $761.7 million
2022 $678.8 million

Source: Acushnet Holdings Corp. 2024 Form 10-K.

Company net sales, not units sold.

Reported revenue growth.

Revenue change.

Non-GAAP constant-currency measure.

Company net sales.

Golf-club product revenue.

Golf-ball product revenue.

Reported revenue growth.

Golf gear is separate from Titleist golf equipment in the filing.

Non-GAAP constant-currency measure.

Golf equipment sales by geography and market

Titleist equipment only.

Golf gear category, not all equipment.

Wear category, included as adjacent golf merchandise.

All Acushnet sales outside the U.S., not equipment alone; constant currency is non-GAAP.

Golf equipment profitability, pricing and investment statistics

Company-wide gross margin.

Company-wide gross profit.

Segment gross-profit change.

Segment operating income, not sales.

Golf gear segment, not all equipment.

Segment operating expenses.

Expense change, not consumer advertising reach.

Segment expense change.

Company-wide R&D, not equipment-only.

NGF says golf-equipment manufacturers have reported monthly sales to it in units and dollars for more than 50 years (more than 50 years through 2024; NGF participating manufacturers). (Mid-Year Update: Retail & Equipment)

Industry reporting framework; participation and coverage are not stated as universal.

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