Press Release

Global Football Market to Grow at a CAGR of 3.8% During 2024-2032, Aided by the Growing Popularity of Football as a Sport Across Countries

Global Football Market

According to a new report by EMR titled, ‘Global Football Market Report and Forecast 2024-2032’, the global football market size reached approximately USD 3.44 billion in 2023. The market is further projected to grow at a CAGR of 3.8% between 2024 and 2032, reaching a value of USD 4.81 billion by 2032.

The rising popularity of football as a sport across various countries such as the United States, China, and India is aiding the market. Moreover, the popularity of local teams is expanding across countries, providing significant opportunities for the football market growth.

 

Additionally, football clubs and organisations are engaged in improving fan engagement, making use of various strategies, including interactive digital content, fan loyalty programmes, and stadium innovations across the globe. This further caters to a significant demand for football, particularly among youngsters.

 

Rising concerns regarding health and increasing awareness regarding the health benefits of staying active are increasing the adoption of football at a rapid pace.  Football as a sport does not necessitate expensive equipment. Furthermore, playing football improves blood pressure and heart health. It also helps in building stamina, improving bone strength and muscle mass, and reducing body fat, among several other health benefits.

 

The growing availability of football on e-commerce channels such as Amazon.com, Inc. (NASDAQ: AMZN) is supporting the growth of the market. E-commerce channels provide a wide variety of footballs of various brands at different price points, which can be purchased at the convenience of the customer.

 

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Market Analysis by Type, Manufacturing Process, Distribution Channel, and Region:

  • The market, on the basis of type, can be divided into training ball and match ball, among others.
  • Based on manufacturing process, the market can be divided into hand stitched, machine stitched, and thermally bonded, among others.
  • The various distribution channels for football include online and offline.
  • The major regional markets for football include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Key Findings of the Report:

  • The global football market demand is being driven by the increasing interest towards football as a sport.
  • The rising number of football clubs across various countries is catering to an increased requirement for football for practice and matches.
  • The growing adoption of football by individuals aiming to improve their health and well-being is supporting the growth of the market.
  • Footballs are being integrated with advanced technologies for use in matches for accuracy and decision-making.

 

Key Offerings of the Report:

  • The EMR report gives an overview of the global football market for the periods (2018-2023) and (2024-2032).
  • The report also offers the historical (2018-2023) and forecast (2024-2032) markets for the types, manufacturing processes, distribution channels, and the major regions of football.
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with an assessment of the SWOT and Porter’s Five Forces models.

 

The major players in the global football market are Adidas AG, Baden Sports Inc., Decathlon SA, Franklin Sports Inc., Mitre Sports International Ltd., Nike Inc., Puma SE, Iconix Brand UK Ltd. (Umbro), Wilson Sporting Goods Co., and Select Sport A/S, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Manufacturing Process
  • Distribution Channel
  • Region
Breakup by Type
  • Training Ball
  • Match Ball
  • Others
Breakup by Manufacturing Process
  • Hand Stitched
  • Machine Stitched
  • Thermally Bonded
  • Others
Breakup by Distribution Channel
  • Online
  • Offline
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Adidas AG
  • Baden Sports Inc.
  • Decathlon SA
  • Franklin Sports Inc.
  • Mitre Sports International Ltd.
  • Nike Inc.
  • Puma SE
  • Iconix Brand UK Ltd. (Umbro)
  • Wilson Sporting Goods Co.
  • Select Sports A/S
  • Others

 

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

 

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

 

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