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Golf Courses & Country Clubs in Canada: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Golf Courses & Country Clubs in Canada Market Research Report | NAICS 71391CA | Jan 2015

Swing away: An increase in disposable income will bode well for the industry

IBISWorld’s Golf Courses & Country Clubs market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$5bn
Annual Growth 10-15
0.9%
Annual Growth 15-20
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Profit
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Employment
66,526
Businesses
2,206
Industry Analysis & Industry Trends

Over the five years to 2015, the Golf Courses and Country Clubs industry has struggled to make par due to the lingering effects of the recession and a declining interest in golf, specifically among the younger generation. High unemployment and lower consumer spending pushed down membership and golf course usage through 2011, causing industry revenue to decline. In the coming years, despite the diminishing popularity of golf, the industry is set to experience slow but steady growth... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The industry is in the mature phase of its life cycle. Over the 10 years to 2020, industry value added (IVA), which is the industry's contribution to the overall economy, is forecast to increase at an average annual rate of 0.9%, which is below the projected annualized growth rate for GDP (2.2%) over the same period. While the discrepancy between IVA and GDP growth could indicate a declining industry, the difference in rates reflects the particularly bad years following the recession, when the industry struggled due to the lingering effects of the economic downturn; as consumer sentiment and disposable income remained low, consumers cut back on nonessential expenses such as golf and country club memberships... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Golf Courses & Country Clubs Industry?

This industry operates golf courses as its primary activity and may include country clubs that have dining and other recreational facilities. These establishments often provide food and beverage services, equipment rental services and golf instruction. Golf courses can be public, private, semiprivate or part of a country club. This industry excludes golf driving ranges, miniature golf facilities and golf course resorts and hotels.

Industry Products
MembershipsGreen feesFood and beveragesRentals and other services
 
Industry Activities
Operating golf courses and country clubsProviding food and beverage servicesProviding golf equipment rental servicesProviding golf instruction services


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