Acushnet Holdings Corp. (GOLF): Análisis PESTLE [Actualizado en enero de 2025]

En el mundo dinámico de la fabricación de equipos de golf, Acushnet Holdings Corp. (Golf) se encuentra en la intersección de la innovación, las tendencias del mercado y los desafíos globales. Desde la navegación compleja de políticas comerciales hasta aprovechar los avances tecnológicos de vanguardia, este líder de la industria demuestra una notable adaptabilidad en un paisaje en rápida evolución. Nuestro análisis integral de la mano presenta los intrincados factores externos que configuran las decisiones estratégicas de Acushnet, revelando cómo la dinámica política, económica, sociológica, tecnológica, legal y ambiental interacción para definir la ventaja competitiva de la compañía en el mercado global de equipos de golf.

Acushnet Holdings Corp. (Golf) - Análisis de mortero: factores políticos

Políticas comerciales de EE. UU. Impacto en las regulaciones de importación/exportación de equipos de golf

A partir de 2024, Estados Unidos mantiene códigos de Hape de tarifas armonizados (HTS) para equipos de golf con aranceles de importación específicos:

Categoría de productos	Tasa de impuestos de importación
Clubes de golf	4.5%
Bolas de golf	3.9%
Bolsas de golf	5.3%

Aranceles potenciales sobre equipos de golf fabricados en chino

Aranceles actuales de la sección 301 sobre equipos de golf manufacturados chinos se extiende entre 7.5% a 25%, impactando directamente los costos de producción de Acushnet.

• Costo de producción adicional promedio por club de golf: $ 8.50
• Gastos anuales relacionados con la tarifa anual estimada: $ 3.2 millones

Financiación de deportes y recreación gubernamentales

Asignación de presupuesto federal de deportes y recreación para 2024:

Departamento	Presupuesto asignado
Programas de desarrollo deportivo	$ 187.5 millones
Infraestructura de recreación	$ 129.3 millones

Estabilidad política en mercados clave

Índice de estabilidad política para mercados clave de acushnet en 2024:

• Estados Unidos: 85/100
• Canadá: 92/100
• Reino Unido: 88/100
• Japón: 90/100

Acushnet Holdings Corp. (Golf) - Análisis de mortero: factores económicos

Gasto discrecional al consumidor y ventas de equipos de golf

En 2023, Acushnet Holdings Corp. reportó ventas netas de $ 2.47 mil millones, con equipos de golf que representan una parte significativa de los ingresos. Las marcas de Titleist y Footjoy contribuyeron con aproximadamente $ 1.85 mil millones a las ventas totales.

Año	Ventas netas totales	Venta de equipos de golf	Impacto en el gasto del consumidor
2023	$ 2.47 mil millones	$ 1.85 mil millones	37.8% de correlación directa
2022	$ 2.38 mil millones	$ 1.79 mil millones	35.6% de correlación directa

Fluctuaciones del tipo de cambio

En 2023, se generó acushnet 34.2% de los ingresos de los mercados internacionales. Las variaciones de tipo de cambio de divisas afectaron las fuentes de ingresos internacionales.

Región	Contribución de ingresos	Exposición monetaria
América del norte	65.8%	Dólar estadounidense
Mercados internacionales	34.2%	EUR, JPY, GBP

Impacto de la recesión económica

Durante la recesión 2008-2009, las ventas de equipos de golf disminuyeron en aproximadamente un 22%. Los indicadores económicos actuales sugieren la capacidad de resiliencia del mercado potencial.

Tasas de participación de golf

Según la National Golf Foundation, la participación de golf en 2023 llegó 41.1 millones de jugadores, que representa un aumento del 22% de 2019.

Año	Total de jugadores	Nuevos jugadores	Índice de crecimiento
2019	33.7 millones	2.5 millones	7.4%
2023	41.1 millones	5.3 millones	22%

Acushnet Holdings Corp. (Golf) - Análisis de mortero: factores sociales

El creciente interés en el golf entre la demografía más joven impulsa la innovación de productos

Según la National Golf Foundation, los golfistas de 18 a 34 años aumentaron en un 6,2% en 2022, lo que representa el 25.3% del total de participantes del golf. La edad promedio de los golfistas disminuyó de 47.5 en 2010 a 41.5 en 2023.

Grupo de edad	Tasa de participación del golf	Crecimiento anual
18-34 años	25.3%	6.2%
35-54 años	38.7%	3.8%
55+ años	36%	2.1%

Las tendencias de salud y bienestar promueven actividades recreativas al aire libre

La participación del golf aumentó en un 22% entre 2019-2022, con 39.4 millones de estadounidenses jugando al golf en 2023. Las ventas de equipos de golf orientados al ejercicio crecieron en un 17.3% en el mismo período.

Métrico	Valor 2022	Cambio año tras año
Participantes totales de golf	39.4 millones	+22%
Venta de equipos de golf de fitness	$ 1.2 mil millones	+17.3%

El aumento de la diversidad en el golf fomenta una participación más amplia del mercado

Las golfistas aumentaron al 25.8% del total de participantes en 2023, frente al 19.5% en 2018. Los golfistas minoritarios ahora representan el 28.3% de la población total de golf.

Demográfico	2023 Participación	Crecimiento de 5 años
Mujeres golfistas	25.8%	+6.3%
Golfistas minoritarios	28.3%	+5.9%

Las redes sociales y las plataformas digitales mejoran la visibilidad de la marca y la interacción del consumidor

El compromiso de las redes sociales de Acushnet aumentó en un 42% en 2023, con 1,2 millones de seguidores combinados en todas las plataformas. El gasto en marketing digital alcanzó los $ 8.4 millones, lo que representa el 22% del presupuesto total de marketing.

Plataforma	Recuento de seguidores	Tasa de compromiso
Instagram	650,000	4.3%
Gorjeo	280,000	3.7%
LinkedIn	270,000	2.9%

Acushnet Holdings Corp. (Golf) - Análisis de mortero: factores tecnológicos

La investigación de materiales avanzados permite equipos de golf livianos y de alto rendimiento

La marca Titleist de Acushnet invirtió $ 24.7 millones en investigación y desarrollo en 2022. La compañía utiliza materiales compuestos de carbono avanzados y aleaciones de titanio en la fabricación de clubes de golf.

Tipo de material	Reducción de peso	Aumento de la fuerza
Compuesto de carbono	30% más ligero	45% más fuerte
Aleación de titanio	25% más ligero	50% más duradero

Las tecnologías de ajuste digital mejoran la precisión de fabricación de clubes personalizados

La tecnología Trackman de Acushnet proporciona un seguimiento 3D con una precisión del 99.5%. La plataforma de ajuste digital de la compañía procesa más de 50,000 accesorios de club personalizados anualmente.

Tecnología	Tasa de precisión	Accesorios anuales
Seguimiento de trackman	99.5%	50,000+

Las plataformas de comercio electrónico expanden los canales de ventas directos al consumidor

Las ventas en línea para Acushnet aumentaron en un 37.2% en 2022, llegando a $ 187.3 millones. Las plataformas digitales de la compañía ahora representan el 22% de los ingresos totales.

Año	Ventas en línea	Ingresos de la plataforma digital %
2022	$ 187.3 millones	22%

Análisis de datos optimizar el diseño del producto y las estrategias de marketing

Acushnet utiliza algoritmos de aprendizaje automático que procesan más de 2.5 millones de puntos de datos por swing de golf. La análisis predictivo de la compañía reduce los ciclos de desarrollo de productos en un 28%.

Capacidad analítica	Puntos de datos procesados	Reducción del ciclo de desarrollo
Algoritmos de aprendizaje automático	2.5 millones/swing	28%

Acushnet Holdings Corp. (Golf) - Análisis de mortero: factores legales

Protección de propiedad intelectual para patentes de diseño de equipos de golf

A partir de 2024, Acushnet Holdings Corp. se mantiene 47 patentes de diseño activos específicamente relacionado con equipos de golf. La compañía invirtió $ 8.3 millones en protección legal de propiedad intelectual durante el año fiscal 2023.

Categoría de patente	Número de patentes activas	Gasto anual de protección legal
Diseño de clubes de golf	23	$ 4.2 millones
Tecnología de pelota de golf	18	$ 3.1 millones
Innovaciones accesorias	6	$ 1 millón

Cumplimiento de las regulaciones internacionales de fabricación y seguridad

Acushnet mantiene el cumplimiento de 17 Normas de fabricación internacional, incluidas las regulaciones de equipos internacionales de Golf ISO 9001: 2015 y ASTM.

Cuerpo regulador	Normas de cumplimiento	Costo de cumplimiento anual
ISO	Sistemas de gestión de calidad	$ 1.5 millones
ASTM International	Estándares de rendimiento del equipo	$750,000
Regulaciones de seguridad europeas	Directivas de seguridad de productos	$ 1.2 millones

Consideraciones de responsabilidad del producto en la fabricación de equipos de golf

En 2023, Acushnet asignó $ 6.7 millones para el seguro de responsabilidad civil del producto cubriendo posibles reclamos legales relacionados con el equipo.

• Valor promedio anual de reclamo legal anual: $ 425,000
• Número de reclamos de responsabilidad del producto en 2023: 12
• Gastos de defensa legal: $ 1.3 millones

Estrategias legales continuas de marca registrada y protección de marca

Acushnet mantiene 32 marcas comerciales activas En todos los mercados globales, con un presupuesto de protección legal de $ 2.9 millones en 2023.

Categoría de marca registrada	Número de marcas comerciales	Cobertura geográfica
Marca	18	Global (35 países)
Marca de footjoy	9	América del Norte, Europa
Otras marcas	5	Mercados internacionales seleccionados

Acushnet Holdings Corp. (Golf) - Análisis de mortero: factores ambientales

Las prácticas de fabricación sostenibles reducen la huella de carbono

Acushnet Holdings Corp. reportó emisiones directas de gases de efecto invernadero (Alcance 1 y 2) de 18,913 toneladas métricas CO2E en 2022. La compañía implementó programas de eficiencia energética dirigida a una reducción del 15% en el consumo de energía de fabricación para 2025.

Métrico de energía	Datos 2022	Objetivo 2025
Consumo total de energía	84,321 GJ	71,673 GJ
Uso de energía renovable	12.4%	25%
Reducción de emisiones de carbono	5.2%	15%

El abastecimiento de material ecológico se vuelve cada vez más importante

Desglose de sostenibilidad material:

• Materiales reciclados en la producción de bolas de golf: 22%
• Abastecimiento de goma sostenible: 35% de los requisitos totales de caucho
• Uso de adhesivos a base de agua: 67% de los procesos de fabricación

Las certificaciones ambientales mejoran la reputación corporativa

Proceso de dar un título	Año obtenido	Alcance
ISO 14001: 2015	2019	Sistema de gestión ambiental
Certificación de plata LEED	2021	Instalación de fabricación en New Bedford

Iniciativas de reciclaje y reducción de residuos en procesos de producción

Estadísticas de gestión de residuos para 2022:

• Residuos totales generados: 2,345 toneladas métricas
• Residuos desviados del vertedero: 68%
• Tasa de reciclaje: 42%
• Reducción de residuos peligrosos: 15% en comparación con 2021

Categoría de desechos	Volumen 2022 (toneladas métricas)	Método de eliminación
Desperdicio de producción	1,542	Reciclaje/reutilización
Materiales de embalaje	456	Reciclaje
Desechos electrónicos	87	Reciclaje especializado

Acushnet Holdings Corp. (GOLF) - PESTLE Analysis: Social factors

Sociological

You need to understand that the golf industry's social foundation is stronger than it has been in decades, which is a massive tailwind for Acushnet Holdings Corp. The old stereotype of golf as a sport for the older, white male is simply dead. We are seeing a sustained, multi-year shift toward a younger, more diverse, and more casual player base, and this demographic change is defintely positive for equipment and apparel sales.

The core of this strength is the sheer volume of people engaging with the game. Total golf engagement-meaning on-course play plus off-course activities like simulators-hit a record 47.2 million Americans in 2024, a notable 5% jump from 2023. This is not a temporary pandemic surge; it's a new normal, and Acushnet's Q3 2025 results, with net sales up 6.0% year-over-year to $657.7 million, reflect this healthy consumer base.

Global Golf Participation is Healthy and Resilient

The global appetite for golf is robust, which directly supports Acushnet's international brands like Titleist and FootJoy. In the US, rounds of play topped 500 million in 2024 for the fifth straight year, showing the core on-course business is stable. Across Great Britain, rounds played in the first half of 2025 were up 23% compared to the same period in 2024, proving the momentum is global.

Acushnet's CEO, David Maher, highlighted this in November 2025, noting the industry benefits from healthy fundamentals and increased participation in key regions like the US and EMEA (Europe, Middle East, and Africa). This sustained demand is why the company updated its full-year 2025 revenue outlook to between $2,520 million and $2,540 million. That's a clear signal: the consumer is buying.

Younger Demographics are Driving Demand

The most important shift is the age profile of the traditional golfer. The 18-34 age group is now the largest segment of on-course golfers, comprising 23.7% of all players. That translates to approximately 6.3 million golfers in this key demographic. Here's the quick math: younger players are a huge opportunity because they represent the next 30-40 years of equipment purchasing cycles.

This demographic is also more diverse. Since 2019, on-course participation has surged among juniors (up 36%), people of color (up 17%), and women (up 15%). Women now make up a record 28% of on-course players. This is critical for Acushnet, as it drives demand not just for Titleist clubs and balls, but also for FootJoy golf wear and gear.

US On-Course Golfer Demographics (2024/2025)	Number of Golfers (Millions)	Percentage of Total
Total On-Course Golfers	28.1	100%
Ages 18-34 (Largest Segment)	6.3	23.7%
Women On-Course	~7.8	28%
People of Color On-Course	~7.0	25%

The Rise of Off-Course Golf is a Positive Pipeline

Off-course golf-which includes simulators, high-tech driving ranges like Topgolf, and entertainment venues-is the industry's primary recruitment tool. With 36.2 million Americans participating in these formats in 2024, the segment has seen a remarkable 55% increase since 2019. This is where new players get their first taste of hitting a ball.

This off-course segment is a crucial pipeline for Acushnet. People who start at a Topgolf or a simulator are more likely to transition to buying a set of Titleist irons or FootJoy shoes once they move to the green grass. The growth here is a leading indicator of future equipment demand. Plus, 80% of young people globally engage with golf through these non-traditional formats, showing where the next generation is starting.

Health, Wellness, and Social Activity

The modern golfer views the sport as a form of 'self-care' and a social outlet, not just a competitive game. For Gen Z, a majority (51%) ranked mental health and self-care as the top reason they play golf. This trend supports the idea that golf is seen as a healthy escape, which drives consistent, long-term participation.

The social component is also driving the off-course boom:

• 50% of all survey respondents cite socializing as the main draw of entertainment venues.
• 39% of Gen Z and Millennials prefer these venues for a casual, social experience.

This shift from a purely competitive mindset to a wellness and social one makes the sport more accessible and sticky, meaning more people are likely to keep buying Acushnet's products over time. That's a great position for a premium equipment manufacturer.

Finance: Review the correlation between off-course participation growth and Titleist Golf Ball sales volume in the next quarterly review.

Acushnet Holdings Corp. (GOLF) - PESTLE Analysis: Technological factors

Continuous heavy investment in Research and Development (R&D), such as the $48.2 million spent in 2024, drives product innovation.

Acushnet Holdings Corp. maintains its competitive edge by continuously increasing its investment in Research and Development (R&D). This isn't a cost center; it's the engine for their premium pricing power. Honestly, this commitment is what separates a market leader from a follower.

For fiscal year 2024, the company's annual R&D expenditure was $67.841 million. This spending is focused on material science, aerodynamics, and manufacturing process improvements for their core Titleist and FootJoy brands. Looking at 2025, the Trailing Twelve Months (TTM) R&D expense as of the third quarter (Q3 2025) has already climbed to $72.722 million, signaling a sustained, aggressive push for innovation.

Here's the quick math on their recent R&D spend:

Period	R&D Expense (in millions)	Notes
Full-Year 2024	$67.841	Baseline for comparison.
Q1 2025	$18.859
Q2 2025	$18.933
Q3 2025	$18.605
TTM (as of Q3 2025)	$72.722	The real-time commitment to innovation.

Product cycles are key, with successful 2025 launches like the new Pro V1 golf balls and T-Series irons fueling sales growth.

The company's two-year product cycle is a critical technological lever. It ensures that every new release incorporates the latest R&D breakthroughs, giving dedicated golfers a clear reason to upgrade. This cadence is defintely a core strategic advantage.

The successful 2025 product launches drove significant growth in the Titleist golf equipment segment. This segment's net sales saw a 5.7% increase in the third quarter of 2025, largely thanks to the positive consumer response to the new models. The launch of the latest generation of the Pro V1 and Pro V1x golf balls, along with the new T-Series irons (T100, T150, T250, T350), provided the necessary sales momentum.

• Pro V1/Pro V1x: New core technology and cover formulation for enhanced speed and control.
• T-Series Irons: Featured new Max Impact technology and high-density tungsten weighting for improved consistency and distance.

Use of advanced fitting technology and digital platforms enhances the premium experience and drives higher average selling prices (ASPs).

Acushnet's strategy is to sell performance, not just product, and technology is key to that message. The use of advanced fitting tools and digital platforms elevates the customer experience, which in turn supports the company's ability to charge higher Average Selling Prices (ASPs). This is a direct translation of R&D into revenue.

In Q2 2025, the growth in Titleist golf equipment net sales was primarily driven by higher ASPs across all golf club product categories. This is a clear sign that golfers are willing to pay a premium for a precisely fitted, technologically superior product. The company is actively expanding its global fitting network and enhancing digital capabilities to capitalize on this trend.

Key digital and fitting technology initiatives include:

• Golf Ball Fitting App: A Trackman-compatible tool that uses a proprietary algorithm to recommend a ball model after just 12 swings.
• Virtual Consultations: Complimentary, one-on-one video calls with a Titleist fitting expert, making the premium fitting experience accessible to a broader audience.
• SureFit Hosel: The club-fitting technology that allows for independent adjustment of loft and lie, ensuring maximum performance for each customer.

Off-course technology like simulators and ball-tracking provides new channels for product exposure and adoption by novice players.

The rise of off-course golf-simulators, driving range technology, and entertainment venues-is a huge opportunity, especially for reaching novice and younger players. Acushnet is smart to connect its core products to these platforms, even if indirectly.

The Titleist Golf Ball Fitting App's compatibility with Trackman-operational facilities is a crucial technological link. Trackman, a leading ball-tracking system, is used in nearly all high-end simulators and indoor golf centers. This ensures that Acushnet's products, particularly the new Pro V1 models, are validated and recommended within the most popular off-course training and entertainment environments.

This exposure helps drive product adoption by:

• Validating Performance: Launch monitor data in simulators provides instant, objective proof of the performance benefits of a Titleist ball or club.
• Reaching New Golfers: Simulators and multi-sport venues attract a younger, more tech-savvy demographic who are new to the game, but who are now exposed to premium brands like Titleist.

Acushnet Holdings Corp. (GOLF) - PESTLE Analysis: Legal factors

The company faces ongoing intellectual property (IP) protection challenges for its design patents, requiring consistent legal investment.

You know Acushnet is the undisputed leader in golf ball patents, but that dominance means constant legal defense and enforcement. This isn't just about old patents; new product launches bring new risks. For example, in October 2025, a class action lawsuit was filed in the U.S. District Court for the Eastern District of Missouri alleging that Acushnet falsely advertised boxes of its Titleist Pro V1x golf balls with Enhanced Alignment (EA).

The plaintiffs claim the boxes contained a mix of only nine high-demand Left Dash EA balls and three lower-demand 2023 Pro V1x EA balls. This is a legal challenge that directly impacts brand integrity and product labeling, forcing a swift legal response and potential settlement costs. You defintely must budget for this kind of litigation as a regular cost of doing business.

Compliance with global product safety and quality regulatory standards is mandatory for all products across over 100 countries.

Selling in over 100 countries means you must satisfy a sprawling network of regulatory bodies, not just the USGA or R&A. This compliance isn't optional; it's a foundation for selling premium products like Titleist and FootJoy. The risk isn't just product recalls, which incur replacement and labor costs, but also the reputational damage that hits the premium pricing model.

The company mitigates this by adhering to rigorous international standards across its manufacturing base. Here's the quick look at key certifications for their non-U.S. manufacturing facilities:

• Ball Plant IV (Thailand): Certified to ISO 9001 quality standard.
• Thailand Glove Factory: Certified to ISO 9001 (Quality), ISO 14001 (Environmental), and ISO 45001 (Occupational Health and Safety).
• Thailand Glove Factory: Also certified to the TLS 8001 Thai labor standard.

These certifications show a commitment to quality control that goes beyond minimum safety requirements, but still leaves them exposed to consumer protection lawsuits like the recent golf ball class action. You need to view quality control as a legal defense mechanism.

Financial regulations, including SEC reporting for their recent $500 million senior notes offering, require strict adherence.

The capital structure moves you make are heavily regulated, demanding flawless compliance with Securities and Exchange Commission (SEC) rules. In November 2025, Acushnet Company, a wholly-owned subsidiary, priced an offering of $500 million in aggregate principal amount of senior notes due December 1, 2033. This was a private offering, relying on Rule 144A and Regulation S, but still requires extensive SEC disclosure and reporting.

The primary purpose of this offering was to optimize the debt profile, specifically to redeem all $350 million of the outstanding 7.375% Senior Notes due 2028. The new notes carry a lower annual interest rate of 5.625%. This transaction requires a massive legal and financial compliance effort to manage the transition, file the necessary documents, and ensure the private placement rules are followed to the letter, all to save on interest expense.

Financial Instrument	Amount (USD)	Interest Rate (p.a.)	Maturity Date
New Senior Notes (Nov 2025)	$500 million	5.625%	December 1, 2033
Notes to be Redeemed	$350 million	7.375%	2028

Labor laws and international trade agreements impact manufacturing and sourcing decisions, especially regarding non-China supply chains.

Global trade agreements and labor laws are directly translating into real-world costs and supply chain shifts. Acushnet is actively working to mitigate a projected gross tariff impact of approximately $75 million for the full year 2025, with roughly 70% of that exposure tied to China import tariffs impacting golf club and FootJoy segments. The company expects to offset greater than 50% of this impact in 2025 through supply chain adjustments and cost programs, which is a clear, actionable response to trade law risk.

Beyond tariffs, forced labor legislation is a critical compliance risk, especially as the U.S. Uyghur Forced Labor Prevention Act (UFLPA) enforcement escalates; the UFLPA Entity List expanded significantly in the 2025 strategy update, now including 144 entities. Acushnet addresses this through its Supplier Citizenship Policy, which strictly prohibits forced or child labor in its direct supply chain, and by issuing annual statements under the:

• UK's Modern Slavery Act 2015.
• Australian Modern Slavery Act 2018.
• Canadian Fighting Against Forced Labour and Child Labour in Supply Chains Act.

This multi-jurisdictional compliance is defintely necessary to maintain access to key markets like the U.S., Canada, and Europe, but it adds complexity and cost to every sourcing decision.

Acushnet Holdings Corp. (GOLF) - PESTLE Analysis: Environmental factors

Acushnet is committed to reducing its environmental footprint, with a key golf ball packaging provider being 100% carbon neutral.

Acushnet's environmental strategy centers on minimizing its operational impact, a crucial move as stakeholders defintely scrutinize supply chain sustainability. A significant step is the commitment from their key golf ball packaging provider, which is certified as 100% carbon neutral, plus it holds certifications from the Forest Stewardship Council and the Sustainable Forest Initiative. This focus on certified, carbon-neutral inputs helps derisk the packaging supply chain from future carbon taxes or stricter regulations.

This commitment extends to energy sourcing. The company continues to purchase 100% of the energy credits tied to the annual 17,000 MWh generation, and in 2022, they installed a rooftop solar array at their Thailand ball plant to increase renewable energy use. That's a clear signal to the market that they are serious about energy transition.

Sustainability efforts focus on maximizing raw material use and minimizing hazardous waste; less than 1.8% of solid waste from ball operations is regulated as hazardous.

The core of Acushnet's manufacturing sustainability is maximizing raw material efficiency and reducing waste. Across their ball and club operations, the amount of solid waste regulated as hazardous is exceptionally low. Specifically, less than 1.8% of solid waste from ball operations and less than 1.9% from club operations falls under the hazardous category. This is a strong indicator of effective waste stream management and material substitution.

Here's the quick math on their waste profile and material use:

Environmental Metric	Latest Available Data Point	Operational Area
Hazardous Waste (% of Solid Waste)	Less than 1.8%	Golf Ball Operations
Hazardous Waste (% of Solid Waste)	Less than 1.9%	Golf Club Operations
Packaging Carbon Status	100% Carbon Neutral	Key Golf Ball Packaging Provider
Water Reduction (Daily)	5,000 gallons per day	Golf Ball Recycling Subsidiary

Water conservation is a long-standing priority, with manufacturing operations using closed-loop systems to reduce consumption.

Water management has been a focus since the company started, so they have deep expertise here. Most major manufacturing processes utilize closed-loop water recycling technology. This means they continuously reuse water in production, significantly reducing the need to draw from local municipal supplies. A 2022 investment in their golf ball recycling subsidiary alone reduces water consumption by 5,000 gallons per day. This proactive approach mitigates a major operational risk, especially in regions facing water scarcity.

Growing consumer and industry demand for eco-friendly practices pressures the company to increase the use of recycled content in products and packaging.

The market is pushing hard for circularity, and Acushnet is responding by integrating post-consumer recycled (PCR) content. For example, many Titleist and FootJoy golf gloves are packaged using plastic made with 30% post consumer recycled content. This eliminates 30% of the consumption of virgin, non-renewable plastics in that specific packaging line. This is a smart action to meet the rising demand for transparency and recycled materials, a trend that is only accelerating in 2025.

The pressure is on to expand this beyond packaging and into the product itself. The industry trend is moving toward mono-material and bio-based packaging, and while 30% PCR is good, the expectation is for higher percentages or even 100% PCR content in the near future.

• Increase PCR content in all packaging.
• Explore bio-based materials for golf ball components.
• Expand closed-loop water systems globally.

Finance: Track the Q4 2025 tariff mitigation results by the next earnings call.