ACUSHNET Holdings Corp. (Golf): Analyse Pestle [Jan-2025 MISE À JOUR]

Dans le monde dynamique de la fabrication d'équipements de golf, Acushnet Holdings Corp. (golf) se tient à l'intersection de l'innovation, des tendances du marché et des défis mondiaux. De la navigation sur les politiques commerciales complexes pour tirer parti des progrès technologiques de pointe, ce leader de l'industrie démontre une adaptabilité remarquable dans un paysage rapide en évolution. Notre analyse complète du pilon dévoile les facteurs externes complexes qui façonnent les décisions stratégiques d'ACUSHNET, révélant comment les dynamiques politiques, économiques, sociologiques, technologiques, juridiques et environnementales interviennent pour définir l'avantage concurrentiel de l'entreprise sur le marché mondial des équipements de golf.

ACUSHNET Holdings Corp. (Golf) - Analyse du pilon: facteurs politiques

Les politiques commerciales américaines ont un impact sur les réglementations sur l'importation / exportation des équipements de golf

En 2024, les États-Unis maintiennent les codes de calendrier tarifaire harmonisés (HTS) pour l'équipement de golf avec des droits d'importation spécifiques:

Catégorie de produits	Taux d'importation
Clubs de golf	4.5%
Balles de golf	3.9%
Sacs de golf	5.3%

Tarifs potentiels sur l'équipement de golf fabriqué en chinois

Les tarifs actuels de la section 301 sur les équipements de golf fabriqués par chinois varient entre 7,5% à 25%, impactant directement les coûts de production d'Acushnet.

• Coût de production supplémentaire moyen par club de golf: 8,50 $
• Dépenses annuelles sur les tarifs annuels estimés: 3,2 millions de dollars

Financement gouvernemental des sports et des loisirs

Attribution fédérale du budget des sports et des loisirs pour 2024:

Département	Budget alloué
Programmes de développement sportif	187,5 millions de dollars
Infrastructure récréative	129,3 millions de dollars

Stabilité politique sur les marchés clés

Indice de stabilité politique pour les principaux marchés AcushNet en 2024:

• États-Unis: 85/100
• Canada: 92/100
• Royaume-Uni: 88/100
• Japon: 90/100

ACUSHNET Holdings Corp. (Golf) - Analyse du pilon: facteurs économiques

Dépenses de consommation discrétionnaires et ventes d'équipements de golf

En 2023, Acushnet Holdings Corp. a déclaré des ventes nettes de 2,47 milliards de dollars, avec des équipements de golf représentant une partie importante des revenus. Les marques Titleist et FootJoy ont contribué à environ 1,85 milliard de dollars au total des ventes.

Année	Ventes nettes totales	Ventes d'équipements de golf	Impact des dépenses de consommation
2023	2,47 milliards de dollars	1,85 milliard de dollars	Corrélation directe de 37,8%
2022	2,38 milliards de dollars	1,79 milliard de dollars	Corrélation directe de 35,6%

Fluctuations de taux de change

En 2023, AcushNet a généré 34,2% des revenus des marchés internationaux. Les variations de taux de change ont eu un impact sur les sources de revenus internationaux.

Région	Contribution des revenus	Exposition à la monnaie
Amérique du Nord	65.8%	USD
Marchés internationaux	34.2%	EUR, JPY, GBP

Impact de la récession économique

Au cours de la récession 2008-2009, les ventes d'équipements de golf ont diminué d'environ 22%. Les indicateurs économiques actuels suggèrent une résilience potentielle sur le marché.

Taux de participation au golf

Selon la National Golf Foundation, la participation du golf en 2023 a atteint 41,1 millions de joueurs, représentant une augmentation de 22% par rapport à 2019.

Année	Total des joueurs	Nouveaux joueurs	Taux de croissance
2019	33,7 millions	2,5 millions	7.4%
2023	41,1 millions	5,3 millions	22%

ACUSHNET Holdings Corp. (Golf) - Analyse du pilon: facteurs sociaux

Un intérêt croissant pour le golf parmi les jeunes données démographiques stimule l'innovation des produits

Selon la National Golf Foundation, les golfeurs âgés de 18 à 34 ans ont augmenté de 6,2% en 2022, ce qui représente 25,3% du total des participants au golf. L'âge moyen des golfeurs est passé de 47,5 en 2010 à 41,5 en 2023.

Groupe d'âge	Taux de participation au golf	Croissance annuelle
18-34 ans	25.3%	6.2%
35 à 54 ans	38.7%	3.8%
Plus de 55 ans	36%	2.1%

Les tendances de la santé et du bien-être favorisent les activités récréatives de plein air

La participation au golf a augmenté de 22% entre 2019-2022, avec 39,4 millions d'Américains jouant au golf en 2023. Les ventes d'équipements de golf axés sur le fitness ont augmenté de 17,3% au cours de la même période.

Métrique	Valeur 2022	Changement d'une année à l'autre
Total des participants au golf	39,4 millions	+22%
Ventes d'équipement de golf de fitness	1,2 milliard de dollars	+17.3%

L'augmentation de la diversité du golf encourage un engagement plus large sur le marché

Les golfeurs ont augmenté à 25,8% du total des participants en 2023, contre 19,5% en 2018. Les golfeurs minoritaires représentent désormais 28,3% de la population de golf totale.

Démographique	2023 Participation	Croissance à 5 ans
Femmes golfeurs	25.8%	+6.3%
Golfeurs minoritaires	28.3%	+5.9%

Les médias sociaux et les plateformes numériques améliorent la visibilité de la marque et l'interaction des consommateurs

L'engagement des médias sociaux d'ACUSHNET a augmenté de 42% en 2023, avec 1,2 million de followers combinés sur toutes les plateformes. Les dépenses de marketing numérique ont atteint 8,4 millions de dollars, ce qui représente 22% du budget marketing total.

Plate-forme	Nombre de suiveurs	Taux d'engagement
Instagram	650,000	4.3%
Gazouillement	280,000	3.7%
Liendin	270,000	2.9%

ACUSHNET Holdings Corp. (Golf) - Analyse du pilon: facteurs technologiques

La recherche avancée des matériaux permet un équipement de golf léger et haute performance

La marque Titleist d'Acushnet a investi 24,7 millions de dollars dans la recherche et le développement en 2022. La société utilise des matériaux composites de carbone avancés et des alliages de titane dans la fabrication de clubs de golf.

Type de matériau	Réduction du poids	Augmentation de la force
Composite carbone	30% plus léger	45% plus fort
Alliage en titane	25% plus léger	50% plus durable

Les technologies d'ajustement numérique améliorent la précision de fabrication des clubs personnalisés

La technologie Trackman d'Acushnet offre un suivi 3D avec une précision de 99,5%. La plate-forme d'ajustement numérique de l'entreprise traite plus de 50 000 accessoires de club personnalisés par an.

Technologie	Taux de précision	Raccords annuels
Suivi du trackman	99.5%	50,000+

Les plates-formes de commerce électronique étendent les canaux de vente directement aux consommateurs

Les ventes en ligne pour AcushNet ont augmenté de 37,2% en 2022, atteignant 187,3 millions de dollars. Les plates-formes numériques de l'entreprise représentent désormais 22% des revenus totaux.

Année	Ventes en ligne	Revenus de plate-forme numérique%
2022	187,3 millions de dollars	22%

Analyse des données optimiser les stratégies de conception et de marketing des produits

ACUSHNET utilise des algorithmes d'apprentissage automatique qui traitent plus de 2,5 millions de points de données par swing de golf. L'analyse prédictive de l'entreprise réduit les cycles de développement de produits de 28%.

Capacité d'analyse	Points de données traités	Réduction du cycle de développement
Algorithmes d'apprentissage automatique	2,5 millions / swing	28%

ACUSHNET Holdings Corp. (Golf) - Analyse du pilon: facteurs juridiques

Protection de la propriété intellectuelle pour les brevets de conception d'équipements de golf

Depuis 2024, AcushNet Holdings Corp. Hold 47 brevets de conception actifs spécifiquement lié à l'équipement de golf. La société a investi 8,3 millions de dollars dans la protection juridique de la propriété intellectuelle au cours de l'exercice 2023.

Catégorie de brevet	Nombre de brevets actifs	Dépenses annuelles de protection juridique
Conception de club de golf	23	4,2 millions de dollars
Technologie de la balle de golf	18	3,1 millions de dollars
Innovations accessoires	6	1 million de dollars

Conformité aux réglementations internationales de fabrication et de sécurité

AcushNet maintient la conformité avec 17 Normes de fabrication internationales, y compris ISO 9001: 2015 et ASTM International Golf Equipments.

Corps réglementaire	Normes de conformité	Coût annuel de conformité
ISO	Systèmes de gestion de la qualité	1,5 million de dollars
ASTM International	Normes de performance de l'équipement	$750,000
Règlements de sécurité européennes	Directives de sécurité des produits	1,2 million de dollars

Considérations de responsabilité de la responsabilité des produits dans la fabrication d'équipements de golf

En 2023, AcushNet a été alloué 6,7 millions de dollars pour l'assurance responsabilité civile des produits couvrant les réclamations juridiques potentielles liées à l'équipement.

• Valeur de la réclamation juridique annuelle moyenne: 425 000 $
• Nombre de réclamations de responsabilité du fait des produits en 2023: 12
• Dépenses de défense juridique: 1,3 million de dollars

Stratégies juridiques en cours de marque et de protection de la marque

AcushNet maintient 32 marques actives sur tous les marchés mondiaux, avec un budget de protection juridique de 2,9 millions de dollars en 2023.

Catégorie de marque	Nombre de marques	Couverture géographique
Marque titlest	18	Global (35 pays)
Marque FootJoy	9	Amérique du Nord, Europe
Autres marques	5	Sélectionnez les marchés internationaux

ACUSHNET Holdings Corp. (Golf) - Analyse du pilon: facteurs environnementaux

Les pratiques de fabrication durables réduisent l'empreinte carbone

ACUSHNET Holdings Corp. a rapporté des émissions de gaz à effet de serre directes (Portés 1 et 2) de 18 913 tonnes métriques CO2E en 2022. La société a mis en œuvre des programmes d'efficacité énergétique ciblant une réduction de 15% de la consommation d'énergie de fabrication d'ici 2025.

Métrique énergétique	2022 données	Cible 2025
Consommation d'énergie totale	84 321 GJ	71 673 GJ
Consommation d'énergie renouvelable	12.4%	25%
Réduction des émissions de carbone	5.2%	15%

L'approvisionnement en matériaux respectueux de l'environnement devient de plus en plus important

Répartition des matériaux de la durabilité:

• Matériaux recyclés dans la production de balle de golf: 22%
• Approvisionnement en caoutchouc durable: 35% des exigences totales en caoutchouc
• Utilisation des adhésifs à base d'eau: 67% des processus de fabrication

Les certifications environnementales améliorent la réputation de l'entreprise

Certification	Année obtenue	Portée
ISO 14001: 2015	2019	Système de gestion de l'environnement
Certification LEED Silver	2021	Installation de fabrication à New Bedford

Initiatives de recyclage et de réduction des déchets dans les processus de production

Statistiques de gestion des déchets pour 2022:

• Déchets totaux générés: 2 345 tonnes métriques
• Déchets détournés de la décharge: 68%
• Taux de recyclage: 42%
• Réduction des déchets dangereux: 15% par rapport à 2021

Catégorie de déchets	2022 Volume (tonnes métriques)	Méthode d'élimination
Déchets de production	1,542	Recyclage / réutilisation
Matériaux d'emballage	456	Recyclage
Déchets électroniques	87	Recyclage spécialisé

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.