Industry Analysis & Industry Trends
The industry has rebounded slowly after the recession kept golf clubs collecting dust in the garage. This trend will continue through 2018 as disposable income continues to increase and corporate profit continues to rise. However, as Canadians resume work, their leisure time will decline, which may slow revenue growth... purchase to read more
Industry Report - Starting a New Business Chapter
The industry has high barriers to entry. Barriers can include substantial capital requirements, brand recognition and access to skilled labour. It is very costly to build, develop and maintain a golf course and the associated country club facilities; industry machinery and equipment costs also are high.
There are an estimated 2,272 companies in the industry. Customer loyalty to existing golf courses and country clubs tends to be strong, making it difficult for a new company to attract clients. Moreover, the industry is in the mature stage of its life cycle, and many of its product segments are saturated. Consequently, it is difficult for a new player to gain market share... purchase to read more