The report on “European Golf Industry Present Performance and Future Outlook” offers detailed analysis of the golf demand and near term prospects in Europe. The report includes industry performance in terms of participation, number of golfers, golf economy, golf facility operations market, equipments market and forecasts. It also discusses industry trends and developments, golf course development by geography, impact of macro economy performance and driving forces. For more information please refer to the below mentioned link: http://www.ammindpower.com/report.php?A=230&T=D&S=95

2. TABLE OF CONTENTS
1. Golf Industry Performance Worldwide
1.1. An Overview
1.2. Global Golf Equipment Demand
1.3. Global Golf Economy
Rounds Played
2. The European Golf Industry
2.1. Industry Performance
2.1.1. Golf Facility Operations Market
2.1.2. Golf Equipment Revenues
2.1.3. European Golf Industry Future Outlook
2.1.4. Cause and Effect Relationship between Industry Factors and European Golf Industry
Prospects
2.2. European Golf Economy
Number of Golfers by Demography
2.2.1. Golf Facilities
2.3. Golf Industry Trends and Developments
2.4. Golf Course Developments by Geography
2.4.1. Golf in Central & Eastern Europe
2.4.2. United Kingdom
2.4.3. Golf in Nordic countries
2.5. European Macro economy Factors and Impact over Golf Industry
2.5.1. Europe Population
2.5.2. Gross Domestic Product
2.5.3. Inflation
2.6. Growth Drivers
3. Industry Competition
4. Appendix
4.1. Abbreviations

3. 4.2. Definitions
4.3. Research Methodology
Data Collection Methods
Approach
4.4. Disclaimer

4. LIST OF FIGURES
Figure 1: Golf Economy Structure
Figure 2: Golf Course Demand by Countries in Europe in 2011
Figure 3: Golf Course Supply by Countries in Europe in 2011
Figure 4: Golf Facility operations Direct Revenues in Europe (2006-2011)
Figure 5: European Golf Equipments Market by Value (2006-2011)
Figure 6: European Golf Facility operations Direct Revenue Forecast (2011-2016)
Figure 7: European Golf Equipments Market by Value (20011-2016)
Figure 8: Percentage of Female Golfers in 2010
Figure 9: UK Consumer Expenditure on Golf Equipment (2006-2010)
Figure 10: Europe GDP at Current Prices (2006-2010)
LIST OF TABLES
Table 1: Opportunities & Threats in European Golf Industry
Table 2: EU Imports of Golf Equipments by Value & Volume (2006, 2008 & 2010)
Table 3: Relation between Independent Factors and the European Golf Industry Prospects
Table 4: Demographic Distribution of Number of Golfers in European countries in 2010
Table 5: EU Golf courses and Number of Registered Players by Demography in 2010
Table 6: Total Number of Golf Courses and Players by Demography in England (2006-2011)
Table 7: Total Number of Golf Courses and Players by Demography in Ireland (2006-2011)
Table 8: EU 27 Population aged between 65 years old or over, Present and Projections
Table 9: EU 27 Young Age Dependency Ratio, Present and Projections
Table 10: Population aged between 65 years old or over, Present and Projections
Table 11: GDP per Inhabitant in PPS, EU 27=100 (2010)

5. THE EUROPEAN GOLF INDUSTRY
INDUSTRY PERFORMANCE
From last 20 years Europe’s golf industry is showing a positive growth both in terms of
demand and supply and the number of golfers has been increasing with expanding market for
golf course supplies. Within Europe, a major portion of golf demand and supply comes from
few countries such as the UK and Ireland who are the leading producers and consumers.
Figure: Golf Demand by Countries in Europe in 2011
35%
30%
25%
20%
15%
10%
5%
0%
UK & Ireland Germany Sweden France Netherlands Spain
Figure: Golf Course Supply by Countries in Europe in 2011
50%
45%
40%
35%
30%
25%
20%
15%
10%
5%
0%
UK & Ireland Germany France Sweden Spain Italy

6. In countries like Portugal and Italy golf participants are low in numbers with sufficient
supply, because golf tourism is much more popular among the inhabitants as compared to the
individuals who prefer playing golf.
GOLF FACILITY OPERATIONS MARKET
The European golf industry is benefiting from rising golf participation rate in the UK and
revenues generated from golf tours. Before financial crisis, golf facilities in the region were
benefiting from rising popularity of games and witnessing a shift from privileged group to
middle class population.
In terms of direct revenues, European golf industry generated USD ~ billion in 2010 an
increased from USD ~ billion in 2009 while decline from revenues generated in 2007 to USD
~ billion. In 2011, golf facility operations reached USD ~ billion rise from USD ~ billion in
2009 compared to USD ~ billion in 2007. These figures reflect unstable economic
environment during the years.
Figure: Golf Facility operations Direct Revenues in Europe (2006-2011)
USD Billion
2006 2007 2008 2009 2010 2011
GOLF EQUIPMENT REVENUES
In many European countries, schools have included golf in their sports and are encouraging
students to participate in junior golf tournaments. The number of women golfers is rising
with changing lifestyle and increasing working women population. A major portion of the
demand for golf equipment is coming from Western part of the Europe, while Eastern Europe
is also indicating rising interest of population in golf as a sport.

7. Figure: European Golf Equipments Market by Value (2006-2011)
USD Billion
2006 2007 2008 2009 2010 2011E
Table: EU Imports of Golf Equipments by Value & Volume (2006, 2008 & 2010)
2006 2008 2010
Value
Volume
EUROPEAN GOLF INDUSTRY FUTURE OUTLOOK
European economy is once aging facing credit crisis; many banks have cut their growth
estimates for 2012 and 2013. The economy showed a continuous decline in the second and
third quarter of 2011 and this situation is expected to worsen in 2012. The banks in the UK
are not able to provide business loans without any surety of business growth and sufficient
funding in the markets.
Falling national income and trade have led the manufacturers of golf equipments to reduce
their production estimate for 2012 and 2013.

8. Figure: European Golf Facility operations Direct Revenue Forecast (2011-2016)
USD Billion
2011 2012 2013 2014 2015 2016
The economy is expected to recuperate on recovery phase from third quarter 2012 onwards
and with government support will be back on pre crisis growth by 2015. Golf industry in
major European countries signal a positive outlook from mid 2013 onwards led by upcoming
tournaments and channelized efforts of private golf clubs to recover from losses.
Figure: European Golf Equipments Market Forecast by Value (20011-2016)
USD Billion
2011 2012 2013 2014 2015 2016
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