Football Shoes Market Analysis |Europe to Lead Global Market Landscape through 2023-2027
The Football Shoes Market is anticipated to expand between 2022 and 2027 at a CAGR of 4.36% followed by USD 2.09 billion revenue growth. Determinants that are influencing the growth of the football shoe market such as the demand for high-end football shoes, the frequency with which companies debut new models, and vendor mergers and acquisitions.
Technavio has been monitoring the growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking.
Europe to Lead the Global Market Landscape of the Football Shoes Market
"As per the market forecast, 49% of the market’s growth will originate from Europe. "
There are a number of reasons why football shoes are in high demand in Europe. Major international football competitions such as the UEFA European Championship and Champions League are held in Europe. These occasions thrill supporters and garner attention on a global scale, which boosts demand for football-related goods, such as football shoes.
Europe to Lead the Global Market Landscape of the Football Shoes Market
Leading brands such as Adidas AG, ANTA Sports Products Ltd., ASICS Corp., BasicNet Spa, Concave International Pty Ltd., Decathlon SA, Geox S.p.A, Iconix International, JOMA SPORT SA, Lotto Sport Italia Spa, Mizuno Corp, New Balance Athletics Inc., NEW MILLENNIUM SPORTS S.L., Nike Inc., Pantofola Doro Spa, PUMA SE, Skechers USA Inc., Thornico AS, Under Armour Inc., and Wareshop2 Ltd. are some of the major market participants that comes with wide range of offerings in Football Shoes Market.
Millions of people of all ages play football in Europe, where the sport has a strong grassroots tradition. Football is very much a part of European culture, whether it is through leisure matches, school teams, or municipal leagues. Football players want proper footwear for both performance and safety, which drives up demand for football shoes. This widespread participation helps to fuel this demand.
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Football Shoes Market Highlights of the Report for 2023-2027
