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In Golf Digest roundtable, golf CEOs marvel at growth while flagging concerns for the future

Story byMike StachuraSun, January 25, 2026 at 2:25 AM UTC·12 min readIt was another year of crowded aisles and sustained enthusiasm for the golf industry at this week’s annual PGA Show in Orlando. The game’s business leaders and those hopeful to cash in on the golf’s consistently buzzy momentum gathered on the heels of the latest National Golf Foundation report that highlighted an unprecedented eighth straight year of growth in new golfers, along with another all-time high in rounds played. As NGF executive director Greg Nathan put it, “Today’s momentum is not a temporary post-pandemic spike, but rather a recalibrated baseline built on broader access, diversified entry points, and a more inclusive, multi-channel ecosystem.”AdvertisementAdvertisementAdvertisementThe numbers indicate a distinct robustness to the game’s immediate future:• Total golfer participation (on- and off-course) reached a new high at 48.1 million, a 41-percent increase since 2019.• There were new highs for youth, seniors, women and people of color.• Rounds played reached nearly 550 million, the fourth time in the last five years that a new record was set, with 63 of the past 66 months outperforming their pre-pandemic equivalent in rounds played.• U. S. golf equipment wholesale sales were up 3 percent over last year and nearly 50 percent higher than in 2019. Of course, golf has seen boom times often in the past 40 years, so it is worth wondering where the game might go from here.

In Golf Digest roundtable, golf CEOs marvel at growth while flagging concerns for the future

Credit: Yahoo

Key Highlights

  • It is especially telling that golf’s growth is even stronger off-course than on-course.
  • Participation in golf entertainment venues like TopGolf and simulators rose to 37.9 million, eclipsing on-course play in each of the past four years, and more than doubling since 2014. AdvertisementAdvertisementAdvertisementBut there are always troubling signs for those whose very livelihoods depend on continued success.
  • Those private-equity investors who’ve seized on golf’s popularity in recent years like to think of the game’s upwardly mobile demographics as a cause for perennial optimism.
  • However, as multiple CEOs in golf like to say, “The game isn’t recession-proof, though it might be recession resistant.” Golf does have its foundational burdens, not the least of which is the fact that it’s not bowling.
  • It’s more than moderately difficult to become reasonably competent at on-course golf, and while driving ranges and indoor simulator entertainment venues might ease the initial entry to the game, staying with it requires a commitment that goes beyond the financial. Speaking of money, average selling prices have surged in the post-pandemic surge.
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Sources

  1. In Golf Digest roundtable, golf CEOs marvel at growth while flagging concerns for the future

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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