DISC GOLF MARKET REPORT OVERVIEW
- Request a Free sample to learn more about this report
The global disc golf market size is estimated to be USD 205.7 million in 2022 and is projected to touch USD 871.34 million by 2031, exhibiting a CAGR of 17.4% during the forecast period. In the market study, our analysts have considered disc golf players such as MVP Disc Sports, Streamline Discs, Dynamic Discs, Prodigy Disc, Axiom Discs, Prodiscus, Gateway Disc Sports, Innova Disc Golf, Legacy Discs, Discmania, Kastaplast, Latitude 64°, Discraft, Westside Discs, DGA, RPM Discs, Viking Discs and Yikun Discs.
Disc golf is known as Frisbee golf or golf. It is one of the fastest emerging activities in outdoor recreation. It is nature-based outdoor activity. The product is made out of polypropylene plastic. The game is played on a course with 9 or 18 baskets (holes). In the game, players throw a flying disc at a target and other rules are same like traditional golf.
Increasing demand for outdoor games is expected to fuel market growth. Rising demand for family vacation is estimated to fuel product demand. Low installation costs and lack of maintenance associated with the product are predicted to surge market growth. Increasing demand for playing golf among professional players is anticipated to increase market growth during the forecast period. Increasing number of golf areas are projected to drive market growth. Increasing demand for fitness and improving heart health are estimated to increase market growth. Rising demand for boosting self-confidence among players is predicted to surge market growth.
COVID 19 Impact: Shutdown of Public and Private Playing Areas to Hinder Market Growth
The global COVID-19 pandemic has been unprecedented and staggering, with disc golf experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden spike in CAGR is attributable to demand returning to pre-pandemic levels once the pandemic is over.
Lockdown restrictions and curfews declined product demand. Closer of public areas and playing areas reduced market growth. The market witnessed decline due to import and export activities. Social distancing rules by government hampered market growth. Market experienced supply chain disruptions during the pandemic.
On the contrary, post-COVID market is expected to show considerable market growth due to increase demand for fitness. Growing need to take care of heart health is projected to drive market growth. Increasing demand for better health and improvement in sleep is predicted to surge market growth.
LATEST TRENDS
"Increasing Demand for Fitness to Foster Market Growth"
Increasing demand for fitness and full body exercise is estimated to fuel market growth. Playing disc golf helps to strengthen muscles and reduce calories. Playing games is one of the better alternatives for gym. Such benefits are responsible to increase market growth. Throwing of disc helps in the toning of triceps, back, and shoulders muscles. Such benefits of toning muscles are projected to drive market growth. Growing demand for better sleep and improving overall health is estimated to increase market growth during the forecast period. Increasing awareness for heart health care is predicted to surge market growth. Increasing demand to boost mood is estimated to increase product demand. Rising prevalence of cardiovascular diseases globally is expected to accelerate disc golf market growth.
DISC GOLF MARKET SEGMENTATION
- Request a Free sample to learn more about this report
- By Type
Based on type, the market is divided into distance drivers, fairway drivers, midrange drivers, putt & approach, and mini discs.
Fairway drivers is expected to be the leading part of segmentation type.
- By Application
Based on the application, the market is divided into pros, amateur, and beginner.
Pros is expected to be the leading part of application segmentation.
DRIVING FACTORS
"Increasing Demand to Promote Self Confidence to Encourage Game Adoption"
Increasing need to boost self confidence among players is predicted to fuel market growth. Increasing trends for learning new techniques and practicing help to boost self-confidence. Practicing every day helps players to adopt new skills, which is projected to drive market growth. Growing demand to play better than other players boost product adoption. Rising need to improve mood and relieve stress is projected to drive market growth. Growing demand for the game among players is predicted to accelerate market growth. Increasing demand to boost overall health is anticipated to surge disc golf market growth during the forecast period.
"Growing Need to Improve Social Life to Stimulate Market Expansion "
Increasing need to improve social life is expected to fuel market growth. Growing requirement to meet friends after a busy day is projected to boost product adoption. Increasing number of busy lives reduced social interaction. Growing demand to spend some quality time with families and friends are estimated to stimulate market growth. Further, interacting with new people and enjoying learning the sport are expected to fuel disc golf market growth during the forecast period. Increasing number of golf courses globally is anticipated to increase disc golf market growth. In addition, growing demand to meet people of the same interest is estimated to propel product demand.
"Rising Need to Get Closer to Nature to Drive Market Growth "
Increasing demand to get closer to nature is projected to drive market growth. Increasing demand to play games closer to nature is predicted to fuel market growth. High demand to escape from urban areas and relax is projected to drive market growth. Increasing demand to play in nature to inspire creativity is estimated to increase market growth during the forecast period. The game is cost effective and low maintenance. Such benefits of the product are projected to drive market growth.
RESTRAINING FACTORS
"Lack of Awareness Regarding the Game to Hamper Market Growth "
Lack of awareness or popularity about the game among people is estimated to restrict market growth. In addition, golf courses are situated far away from residential areas. Due to such far distance for playing area market is expected to hamper market growth.
DISC GOLF MARKET REGIONAL INSIGHTS
- Request a Free sample to learn more about this report
"Growing Demand for Outdoor Games in North America to Drive Market Share "
North America is expected to hold the largest disc golf market share due to increasing demand for outdoor games. Rising demand for family vacancy in the region is estimated to fuel product demand. Rising prevalence of cardiovascular diseases in the region is expected to accelerate market growth.
Asia Pacific is estimated to show considerable market growth due to increasing demand for fitness. Growing demand for exercising outdoors in the region is estimated to fuel market growth. Rising need to play near nature is predicted to fuel market growth. Rising awareness among population about heart care is estimated to increase market growth during the forecast period.
KEY INDUSTRY PLAYERS
"Leading Players Adopt Strategies to Stay Competitive"
The report covers information about the list of market players and their latest development in the industry. The information includes mergers, partnerships, acquisitions, technological developments, and production lines. Other aspects examined for this market include complete research on companies producing and introducing the latest products, regions they conduct their operations in, automation, technology adoption, generating the most revenue, and making a difference with their products.
List of Market Players Profiled
- MVP Disc Sports (U.S.)
- Streamline Discs (U.S.)
- Dynamic Discs (U.S.)
- Prodigy Disc (U.S.)
- Axiom Discs (U.K.)
- Prodiscus (Finland)
- Gateway Disc Sports (U.S.)
- Innova Disc Golf (U.S.)
- Legacy Discs (Canada)
- Discmania (U.S.)
- Kastaplast (U.S.)
- Latitude 64° (Sweden)
- Discraft (U.S.)
- Westside Discs (U.S.)
- DGA (U.S.)
- RPM Discs (New Zealand)
- Viking Discs (Finland)
- Yikun Discs (China)
REPORT COVERAGE
This research profiles a report with general studies that explain the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by examining the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, and others. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 205.7 Million in 2022 |
Market Size Value By |
US$ 871.34 Million by 2031 |
Growth Rate |
CAGR of 17.4% from 2022 to 2031 |
Forecast Period |
2024-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Types & Application |
Frequently Asked Questions
-
What value is the disc golf market expected to touch by 2031?
The global disc golf market is expected to reach 871.34 million by 2031.
-
What CAGR is the disc golf market expected to exhibit by 2031?
The disc golf market is expected to exhibit a CAGR of 17.4% by 2031.
-
Which are the top companies operating in the disc golf market?
MVP Disc Sports, Streamline Discs, Dynamic Discs, Prodigy Disc, Axiom Discs, Prodiscus Gateway Disc Sports, Innova Disc Golf, Legacy Discs, Discmania, Kastaplast, Latitude 64°, Discraft, Westside Discs, DGA, RPM Discs, Viking Discs, and Yikun Discs are the top companies operating in the disc golf market.
-
What segments are covered in the disc golf market?
The segments covered in the disc golf market are, based on type, the disc golf market is divided into distance drivers, fairway drivers, midrange drivers, putt & approach, and mini discs, based on the application, the market is divided into pros, amateur, and beginner.