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Golf Shaft Market Trends

Report ID: GMI6357
Published Date: Jul 2023
Report Format: PDF

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Golf Shaft Market Trends

Golfers increasingly seek customized and personalized golf shafts to match their swing characteristics and playing style. Manufacturers offer a wide range of options in terms of flex, weight, torque, and materials to cater to individual golfer preferences. Golf shaft manufacturers continue to explore and adopt new materials, such as high-modulus carbon fibers and multi-material designs, to enhance performance, durability, and feel. The trend towards lightweight golf shafts, especially in the graphite shaft segment, is driven by the desire for increased swing speed, distance, and overall playability.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

Global market for golf shaft was valued at around USD 345.7 million in 2022 and is estimated to reach over USD 471 million by the end of 2032 owing to the increasing popularity of golf and growing participation rates worldwide.

Iron shafts segment held a dominant market share of around 40% in 2022 as these shafts combine the benefits of graphite and steel or other materials to provide a balance of lightweight performance and enhanced stability.

U.S. dominated North American market with a revenue of USD 68.2 million in 2022 and is anticipated to expand at a significant pace from 2023-2032 as the level of golf participation in North America directly affects the demand for golf shafts.

Golf shaft industry are True Temper Sports, Mitsubishi Chemical, Fujikura, Aldila, Graphite Design, Graphite Design, Project X, KBS Golf Shafts, Accra Golf Shafts, Grafalloy among others.