Football Market Global Report 2022-2027: Industry Size, Share, Trends, Growth and Forecast Analysisby George Poter Market Analyst
According to the latest report by
IMARC Group, "Global Football Market Size, Share, Growth, Industry
Trends, Opportunity and Forecast 2022-2027", the global football
market size reached US$ 3.02 Billion in 2021. Looking forward, IMARC Group
expects the market to reach a value of US$ 3.87 Billion by 2027, exhibiting a
CAGR of 4.10% during 2022-2027.
Football is a game played using
specialized sports equipment made up of synthetic leather, such as polyvinyl
chloride (PVC) and polyurethane. In terms of the manufacturing process, these equipment
can be categorized into hand-stitched, thermally bonded, and machine stitched.
Football variants are exclusively customized with innovative features that
ensure easy handling, shooting, and passing during a game. They also provide
enhanced accuracy, control, and speed. Some football models also have water
resistance and high air retention properties that aid in challenging
environmental conditions as compared to ordinary training balls. Consequently,
they enjoy widespread demand among sports clubs and the general consumers.
Base Year: 2021
Forecast Year: 2022-2027
Football Market Trends and Drivers:
The rising enrollment of individuals in professional association football clubs and leagues is primarily driving the global football market. Besides this, the expanding awareness among the masses towards the numerous health benefits of football games, such as lowering body fat, enhancing cardiovascular health, improving muscle tone, etc., is further augmenting the product demand.
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Additionally, the increasing consumer participation in outdoor games, owing to the inflating investments by the sports agencies across countries to develop the existing parks, clubs, stadiums, school grounds, etc., is acting as another significant growth-inducing factor. Moreover, the introduction of custom-made product variants with smart LED lights in durable prints by the key market players through e-commerce channels is anticipated to bolster the football market over the forecasted period.
Note: We are regularly tracking the direct effect of
COVID-19 on the market, along with the indirect influence of associated
industries. These observations will be integrated into the report.
Global Football Market 2022-2027 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Adidas AG, Baden Sports Inc., Decathlon Sports India Pvt Ltd. (Decathlon S.A.), Formative Sport, Franklin Sports Inc., Nike Inc., Nivia Sports, Puma SE (Artemis S.A), Select Sport A/S, UMBRO (Iconix Brand Group) and Wilson Sporting Goods Company (Amer Sports).
The report has segmented the market on the basis of region, type, size and distribution channel.
Breakup by Type:
- Training Football
- Match Football
Breakup by Size:
- Size 1
- Size 2
- Size 3
- Size 4
- Size 5
Breakup by Distribution Channel:
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
East and Africa
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
Mapping of the Competitive Landscape
If you need specific information that is not currently
within the scope of the report, we can provide it to you as a part of the
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Created on Aug 10th 2022 11:28. Viewed 84 times.