Consumers spent less on used golf equipment in 2008, according to new data reported in NSGA's “Purchases of Used Sporting Goods Equipment in 2008.” The two primary categories of golf equipment, clubs in sets and individual clubs, both show declines in dollar sales versus 2007.
In 2008, consumers spent $16.8 million for 221,000 sets of used clubs, down 13% compared to 2007. For individual clubs, consumers spent $23.5 million on 518,000 individual clubs, down 18% versus 2007.
Total sales of used golf equipment, which also includes 2008 estimates for bags and golf balls, reached $48.9 million, down from $57.9 million in 2007.
Overall, consumers purchased $969 million in used sporting goods equipment in 2008. This is the 11th study done by the Association on the used equipment market. The used sporting goods equipment market had exceeded $1 billion the previous two years. Sales were $1.08 billion in 2007 and $1.01 billion in 2006.
“Purchases of Used Sports Equipment in 2008” provides information on the number of units sold, average price and total dollars as well as place of purchase information. Included in the place of purchase information are traditional channels of distribution as well as online/Internet purchases and purchases from private individuals.
The standard demographics provided for purchasers include age, gender, annual household income, education of household head, and geographic region of the country.