USD 4.04 billion
Global Football Market Size, Share, Growth Analysis, By Type(Training ball, Match ball), By Distribution channel(Online, Offline), By Size(Size 1, Size 2) - Industry Forecast 2024-2031
Report ID:
SQMIG25A2151 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
95 |
Figures:
66
Global Football Market Insights
Global Football Market size was valued at USD 4.04 billion in 2022 and is poised to grow from USD 4.19 billion in 2023 to USD 5.65 billion by 2031, growing at a CAGR of 3.79% in the forecast period (2024- 2031).
Cryptocurrency, as a digital asset, operates as a secure medium for transactions, offering controlled access and validating ownership. Its versatility in facilitating purchases of goods and services, distinct from conventional currencies, contributes significantly to its practicality, amplifying the global demand and adoption of cryptocurrencies.
The surge in digital currency usage, particularly in recent years, has captivated the interest of numerous young investors seeking to hold these assets for potentially lucrative returns.
This heightened interest has notably intensified the demand for bitcoin, propelling its value significantly. The limited supply of bitcoin juxtaposed with an unrestrained demand dynamic has been a pivotal driver behind the substantial growth witnessed in the global cryptocurrency market, signaling a paradigm shift in investment preferences and financial transactions worldwide.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
thermally bonded
Growth Rate
3.79% CAGR
Global Football Market ($ Bn)
Country Share for North America Region (%)
Global Football Market By Manufacturing Process (%)
To get more reports on the above market click here to Buy The Report
Global Football Market Segmental Analysis
The global football market is segmented into four major segments i.e. by type, distribution channel, size and region. Based on type the market is segmented as, training ball, match ball, others, manufacturing process, hand stitched, machine stitched, thermally bonded. Based on size the market is segmented as size 1, size 2, size 3, size 4, and size 5. Based on distribution channel the market is segmented as, online, offline. Based on region the market is segmented as, North America, Europe, Asia-pacific, LAMEA.
Analysis by Manufacturing Process
The hand-stitched segment holds the top position as the primary contributor to the football market, largely owing to the superior quality of its materials and construction. Hand-stitched footballs are renowned for their meticulous craftsmanship, as each panel is manually attached, ensuring precise shaping and robustness. This manual assembly process not only enhances the durability of the footballs but also guarantees a consistent shape, strength, and overall performance.
During the forecast period, the thermally bonded segment is poised to emerge as the fastest-growing category within the football market. This trend is largely propelled by the unique attributes of thermally bonded footballs, notably their ability to absorb less water during play. This characteristic contributes significantly to improved handling, offering players enhanced control and performance on the field.
Analysis by Product
The training football segment stands out as the primary contributor to the global market, largely due to the inherent durability and versatility of these footballs. Their robust design makes them suitable for various playing surfaces, whether it's on grass fields or cemented surfaces. This adaptability and resilience make training footballs a popular choice among players and coaches, as they can endure diverse conditions and provide consistent performance across different environments, contributing significantly to their dominance within the global football market.
During the forecast period, the match football segment is anticipated to experience rapid growth, emerging as the fastest-growing category. This surge is primarily attributed to its status as the preferred football type for leagues and official matches. Match footballs are meticulously designed to meet stringent standards and specifications required for professional games, making them the top choice among leagues and tournaments worldwide.
Global Football Market By Manufacturing Process, 2023 (%)
To get detailed analysis on other segments, Request For Free Sample Report
Global Football Market Regional Insights
North America plays a distinctive role in the football market, albeit with a primary focus on American football. While soccer, known as football in most parts of the world, continues to gain traction, it competes with established sports like American football, basketball, and baseball. Despite this competition, soccer's popularity has steadily risen, particularly among younger demographics and immigrant communities.
Asia-Pacific holds a significant and evolving position within the global football market. While football competes with other popular sports like cricket and basketball in certain areas, its popularity has been steadily rising across the region. Countries like Japan, South Korea, China, and Australia have witnessed a surge in interest and investment in football. The region hosts various professional leagues and tournaments, contributing to the sport's visibility and engagement.
Global Football Market By Region, 2024-2031
- Largest
- Fastest
To know more about the market opportunities by region and country, click here to
Buy The Complete Report
Global Football Market Dynamics
Drivers
Rise in the Popularity of Sports and Fitness
- The surge in the popularity of sports and fitness, coupled with a notable uptick in the adoption of extracurricular activities, signifies a dynamic shift driving the growth of the global football market. This evolving trend is further propelled by the substantial influence wielded by sports celebrities, particularly on youth, leveraging the vast reach of social media platforms.
Restraints
Increasing Traction of Virtual Games
- The increasing traction of virtual games, particularly among the younger demographic, presents a formidable trend in leisure activities. However, this growing interest encounters challenges that could impede the growth of the participant market. The prevalence of counterfeit products poses a significant hurdle, undermining the authenticity and reliability of merchandise associated with the sport. Furthermore, the cancellation or postponement of several football tournaments, due to various factors such as unforeseen circumstances or global events, poses a substantial challenge.
Request Free Customization of this report to help us to meet your business objectives.
Global Football Market Competitive Landscape
The competitive environment of the global football market is dynamic and characterized by the presence of a mix of well-established brands, emerging players, and niche producers. Innovation is a key competitive factor. Leading brands invest in research and development to introduce new flavors, packaging formats, and health-focused variations to cater to changing consumer preferences. They often set the trends in the industry.
Top Player’s Company Profiles
- Baden Sports
- Decathlon Sports Pvt. Ltd.
- Franklin Sports Inc.
- Mitre International
- Select Sports A/S
- UMBRO
- Wilson Sporting Goods
Recent Developments
- In February 2024, Thales Group reported plans to grow its strategic collaborations and lay out a Maintenance, Repair, and Overhaul (MRO) office for common flights in India. This extension remembers a critical venture for Delhi-NCR, with Thales' VP and country chief, Ashish Saraf, expressing that the speculation will be in the "multi-million-euro" range.
- In December 2023, LALIGA framed its strategy for growing football in India by utilizing the fame of cricket. The arrangement includes fortifying business organizations and grassroots improvement through collaborations with neighborhood football foundations and clubs like Sevilla, FC Bengaluru, Atlético Madrid, Atlético Kolkata, and Bury Kashi. Also, LALIGA means to work with instructive organizations and news sources to advance football development in India. Drives like LALIGA FOOTBALL SCHOOLS will be key in this work, alongside cooperating with partners in the games business organization to accomplish shared development and collaborations for the game in the country.
- In September 2023, the Argentine Football Association and Tata Gluco+, the regional sponsor of the Argentine Football Association in India, presented another game drink called Tata Gluco Sports Drink. This cooperation demonstrates Tata Customer Products' commitment to improving buyer encounters and empowering a more dynamic way of life through its organization with AFA.
Global Football Key Market Trends
- The ascent of both global and national football events heralds significant growth opportunities within the sports landscape. The burgeoning acceptance of extracurricular activities, particularly in the realm of sports, contributes to this evolving paradigm. Additionally, the expanding influence wielded by sports stars serves as a catalyst, presenting vast avenues for growth. These combined factors signify a ripe environment for the proliferation of football-related activities, fostering opportunities for enhanced participation, engagement, and overall expansion within the market.
Global Football Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
The global football market analysis reveals a dynamic marketplace with a number of standout trends and difficulties. The growing interest in football, fostered by leagues both at club and national levels, stands as a driving force behind the sport's global market growth. This upward trajectory is further propelled by heightened participation among women and children, significantly contributing to football's expanding market share worldwide. The surge in engagement is directly linked to the proliferation of football clubs and associations, which actively organize leagues on national and international platforms.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 4.04 billion |
| Market size value in 2031 | USD 5.65 billion |
| Growth Rate | 3.79% |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.
Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share
Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Global Football Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Global Football Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Global Football Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Football Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Football Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Global Football Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Global Football Market Report Snapshots
Want to customize this report?
Our industry expert will work with you to provide you with customized data in a short amount of time.
REQUEST FREE CUSTOMIZATION
USA (+1) 351-333-4748
