
All across the world, people like playing football. The number of national and international football tournaments is on the rise, which is having an effect on player participation. The worldwide football market is also growing due to this effect. Manufacturers are making efforts to enhance the quality and features of their products in response to this market response. As a result, footballs are now available with features like long-lasting bodies and top-notch stitching. A football may be easily passed, shot, and handled with the help of these unique characteristics. In addition, famous athletes often advertise football merchandise and sporting events. Sports events, social media, and television are some of the venues where advertisements air. When targeting young people, social media marketing works wonders. Young people's participation in social media is at an all-time high these days. That is why the sector is booming because to rising product quality and the power of social media.
Governments around the world have issued orders to stay indoors and avoid close contact with others in an effort to stem the development of the COVID-19 epidemic, which has had a negative impact on the expansion of the football business worldwide. This has led to the postponement or cancellation of several sporting events and tournaments. Moreover, event organizers have also lost money due to postponed or canceled sporting events. This pandemic has effectively put a stop to the expansion of the football market around the world. Furthermore, young people are increasingly drawn to virtual gaming. Gaming on mobile devices, computers, and the internet are all examples of virtual games. As the popularity of video games continues to rise, fewer young people are engaging in more physically demanding sports like football and cricket. There is less competition in the global market as a result of fewer participants.
Product type, production method, distribution channel, and geographical area are the four main divisions that make up the worldwide football market. The market is divided into many types of balls, including training balls, match balls, and others. Hand stitched, machine stitched, and thermally bonded are the three main categories based on the production process. It is divided into online and offline categories according to the distribution channel. It is examined regionally according to the following: North America (including the US, Canada, and Mexico), Europe (including the UK, Germany, Spain, Italy, France, Russia, and the rest of Europe), Asia-Pacific (including China, Japan, South Korea, and Australia), and Latin America, the Middle East, and Africa.
The growth of the football infrastructure and the encouragement of player interaction across all levels are recognized as the driving forces behind the business. With more people becoming health conscious and more people playing football as an athletic activity, the business is likely to do well in the next years. When it comes to global television viewership, football ranks high. The initiatives and advertising drives speed up the growth of the market.
As a result of these shows, more people are watching football, which means more money is going toward the sport. More resources are going into women's football, and there are more tournaments. In the European Union and the United Kingdom, for example, women's football is becoming increasingly popular. In May 2023, the Football Association finalized a significant agreement with Sky Sports and the BBC on the television rights to the Women's Super League. Consequently, it's likely that the game's popularity will rise across genders. Important businesses are always looking for ways to improve their products and technologies so they can release new ones with more features and more capacity. Market expansion is expected to be accelerated by increased product releases and research and development efforts.
Key businesses in the industry are capitalizing on new opportunities presented by the expanding worldwide market for indoor football. Most of the positive feedback about the indoor football variant of futsal has come from European countries. Fun and exciting, futsal is a five-a-side variation of football. Because of the 2021 FIFA World Cup, it has also become more popular. Indoor football, often known as futsal, is also gaining popularity in developing countries like India. The All India Football Federation (AIFF) maintains that futsal is still being developed beyond the intended time frame. The AIFF has the belief that this shortened version of the game has tremendous potential in India.
Report Coverage
Global Football research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Football report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Football competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Football market players and analyses their core competencies in each global market sub-segments.
REPORT ATTRIBUTES | DETAILS |
---|---|
Study Period | 2017-2031 |
Base Year | 2023 |
Forecast Period | 2023-2031 |
Historical Period | 2017-2021 |
Unit | Value (USD Billion) |
Key Companies Profiled | 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) |
Segments Covered | • By Product |
Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Football Market from 2021 to 2031.
- Market Forecast for Football Market from 2021 to 2031.
- Regional Market Share and Revenue from 2021 to 2031.
- Country Market share within region from 2021 to 2031.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Football competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Football
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Football market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Football market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
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)
Primary Target Market
- Market Players of Football
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2031. INFINITIVE DATA EXPERT has segmented the global Football market based on the below-mentioned segments:
Global Football Market, By Type
Training ball
Match ball
Others (Indoor, Beach, Turf Ball, etc.)
Global Football market, By Manufacturing process
Hand Stitched
Machine Stitched
Thermally Bonded
Global Football Market, By Distribution channel
Online
Offline
Global Football market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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