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Golf Datatech and Yano Research Institute introduce 2021 World Golf Report

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Golf Datatech and Yano Research Institute Ltd. have introduced the World Golf Report 2021, which provides an in-depth global retail market summary based upon geography, size and economic significance of the nearly $14 billion golf equipment and apparel market.

In 2013 Golf Datatech and Yano Research collaborated to introduce the golf industry’s first-ever worldwide market report, a benchmark study designed to capture the global golf retail market’s true size and scope. 

Now in 2021, and on the heels of golf’s shutdown in 2020 due to the COVID-19 pandemic, the two companies have updated and expanded the report, featuring a broader scope of data points while capturing more complete golf retail sales from around the globe. 

Some of the report’s key findings show that the U.S. remains the top dog in the World Golf Market and that Sweden is the fastest growing country in this department.

  • Top 5 World Golf Markets: #1 United States; #2 Japan; #3 South Korea; #4 Canada and #5 the United Kingdom
  • US and Japan responsible for about 2/3 of the world golf equipment market;
  • Korean golfers spend more per capita on their golf equipment and apparel than any other country.
  • Sweden was the fastest growing country, up over 50%.

Speaking on the report and the impact of COVID-19 on the market, John Krzynowek, Partner, Golf Datatech, said

“While the objective of the Worldwide Report has always been to look at long term trends in the sales of golf equipment and apparel, the impact of the coronavirus in 2020 obviously becomes a key focus of this year’s analysis. And despite the worldwide pandemic, golf participation and sales are higher, with 2020 global sales of equipment and apparel up 3%, at $13.93 billion. Consumer demand for golf equipment was higher in the majority of countries around the globe, however our data also shows a broad decline in apparel sales this year.”

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Gianni is the Managing Editor at GolfWRX. He can be contacted at [email protected].

19th Hole

LET pro gives detailed financial breakdown of first week on tour…and the net result may shock you

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On Friday morning, Ladies European Tour player, Hannah Gregg, took to social media to share her weekly expenses playing on the LET.

“Expenses of my first week on Ladies European Tour: Flights: $2600 Work Visa: $350 

  • Food: $377 
  • Caddie: $0 because I have an amazing Fiancé 
  • Hotel: $0 because  @GregChalmersPGA sorted me host housing for the week!  
  • Rental Car: +0 because the Tour Tee guys GAVE me their car  
  • Gas: $165 
  • Entry Fee: $130 
  • Lounge Pass for caddie: $50 
  • Gym: $0 
  • Yardage book: $0 
  • Total expenses: $3672 

Made cut, finished 54th, total earned: $1244 Factor in 35% tax on earnings. To break even, needed to finish 24th. To make money, 21st. Guess we have our goals laid out for next event!”

When factoring in Gregg’s free housing, free caddie and free rental car, it’s evident that most LET players would have to finish well inside of the top-20 to make any money.

With ridiculous amounts of money being thrown around in professional golf these days, it’s important to remember the other side of the coin as well. There are countless professionals out there who struggle to get by on their golf salary.

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19th Hole

54-hole golf tour deemed eligible for OWGR points…but it’s not LIV

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After a seventeen-month application process, a 54-hole golf tour was deemed eligible for OWGR points.

Unfortunately, for LIV Golf and their fans, it was the Clutch Pro Tour.

After the decision, which is effective immediately, OWGR chairman Peter Dawson issued a statement.

“This is a significant milestone for golf, and OWGR is deeply encouraged by the achievement and the continued efforts in developing the sport of golf in the United Kingdom.”

“We look forward to watching the progress of the Clutch Pro Tour as it continues to play a key role in the development of players from the region,” Dawson added.

The Clutch Pro Tour operates in the United Kingdom and features a 36-hole cut. It also has an open qualifying school.

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Charlie Woods attempting to qualify for spot at 2024 U.S. Open

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As first reported by Bob Harig of Sports Illustrated, Charlie Woods will be attempting to qualify for this year’s U.S. Open at Pinehurst No. 2.

The first stage of qualifying for this year’s tournament will be an 18-hole local event on Thursday, April 25th, in Port St. Lucie, Florida.

There will be 84 players in the field, five of which will reach the 36-hole qualifier that will take place in June.

Earlier this season, Charlie attempted to qualify for the Cognizant Classic, and struggled, shooting an 86.

If the younger Woods is able to qualify, he will tee it up in the same field as his father in a few months at one of the more historic U.S. Open venues.

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