Football Market | Growth Projections for 2022-2026
adidas AG, Amer Sports Corp., Baden Sports Inc., Decathlon SA, Franklin Sports Inc., and Iconix Brand UK Ltd are among the key vendors discussed in the research report
The football market is expected to grow by $ 408.83 million, accelerating at a CAGR of almost 3.28% during the forecast period. Technavio’s research report traces the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact the market in focus.
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Football Market: Segments and Leading Regions
This research report will provide insights into the current market share of each segment along with growth projections for the next five years.
- The report segments the market by Distribution Channel (offline and online), Type (training ball, match ball, and others), and Geography (Europe, South America, APAC, North America, and MEA). Each market segment is analyzed for past performance leading to future growth projections based on current market scenario.
- 43% of the market growth will originate from Europe during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the Football Market size.
Football Market: Top Trends, Drivers, Challenges to drive Market Recovery
The research report looks at the impact of various trends, drivers, and challenges for market growth during the forecast period. These insights will enable clients to design a growth strategy for their business and area of operations.
- A significant factor in driving the growth of the Football Market will be the increase in football events at global and national levels.
- Rise in adoption of extracurricular activities is another factor that will be instrumental in driving market growth during the forecast period.
- Virtual games have gained traction among youth is a hurdle that needs to be crossed on the path to success.
Browse through some of our other related reports for more insights on the market in focus:
- Football Equipment Market: The football equipment market is expected to grow by $ 1.79 bn, accelerating at a CAGR of almost 2% during the forecast period.
- Football Apparel Market: Football apparel market is set to post an incremental growth of $ 2.62 bn during 2021-2025. The market will progress at a CAGR of 4.97% during the forecast period
Football Market: Vendor Analysis
- The market is fragmented.
- The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions.
- adidas AG, Amer Sports Corp., Baden Sports Inc., Decathlon SA, Franklin Sports Inc., Iconix Brand UK Ltd, Mitre Sports International Ltd., Nike Inc., PUMA SE, and Select Sport AS are some of the major market participants.
For more insights into this market: Download a Free Sample Report. Our custom reports provide market insights at the global and regional level along with pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations.
The report provides insights into the following FAQs:
- What is the market CAGR?
The market will accelerate at a CAGR of 3.28%.
- What is the incremental growth of the market?
The market is expected to grow by $ 408.83 mn through 2022-2026.
- What is a key factor driving this market?
Increase in football events at global and national levels will drive market growth over the forecast period.
- What are the key regions covered in this market research report?
Europe, South America, APAC, North America, and MEA are the key regions featured in this research report.
- Which is the leading geographic region for this market:
43% growth will originate from Europe
- Who are the leading market vendors?
The leading vendors in this market are adidas AG, Amer Sports Corp., Baden Sports Inc., Decathlon SA, Franklin Sports Inc., Iconix Brand UK Ltd, Mitre Sports International Ltd., Nike Inc., PUMA SE, and Select Sport AS
- What are the market segments covered in this report?
The market is segmented by Distribution Channel (offline and online), Type (training ball, match ball, and others), and Geography (Europe, South America, APAC, North America, and MEA)