Market Size of Football Equipment Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 3.50 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Europe |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Football Equipment Market Analysis
The football equipment market is projected to register a CAGR of 3.5% over the next five years.
- The prominence of sports activities, owing to the health and wellness trends, the increasing influence of social media, celebrity endorsement, and the rise in the number of international sports events, encourage consumers to enter into sports activities like football. This increasing number of sports enthusiasts is expected to boost the demand for the football equipment market worldwide.
- For instance, according to SFIA Foundation, in 2021, the United States wholesale sales of football equipment, including protective football gear, footballs, and other accessories, amounted to just over USD 621.9 million, attaining a measurable growth compared to the previous year, 2020, which accounted for about USD 537.7 million. Among these, in 2021, the wholesale sales of protective football gear amounted to just over USD 390 million, making it the largest of the three subcategories.
- Additionally, rising interest and participation rates in outdoor sports, like football, owing to the consumer's growing awareness about their health and obesity problems, are supporting the market's growth. Football is one of the perfect sports to burn calories, lose body fat, and improve body composition. Heavily weighted people are choosing it to lose weight. Moreover, factors like frequent sports tournaments and national and international football leagues are raising awareness and interest among people to start playing football, which is raising the demand for its equipment and protective accessories at a faster pace. For instance, in December 2022, beIN SPORTS announced record-breaking cumulative viewership of 5.4 billion for FIFA World Cup Qatar 2022. Such developments and the rise in the number of grassroots programs in schools, colleges, and clubs are some of the major factors driving the sales of football equipment globally.
Football Equipment Industry Segmentation
Basic equipment worn by most football players, including helmets, shoulder pads, gloves, shoes, thigh and knee pads, a mouthguard, and a jockstrap or compression shorts to protect themselves from any injury while playing the sport, is called football equipment.
The global football equipment market is segmented by product type, distribution channel, and geography. By product type, the market is segmented as football shoes, footballs, protective gear, and accessories. By distribution channel, the market is segmented as offline and online retail stores. The study also covers the global level analysis of the major regions like North America, Europe, Asia-Pacific, South America, and the Middle East and Africa.
For each segment, the market sizing and forecasts have been done based on value (in USD million).
| By Product Type | |
| Football Shoes | |
| Footballs | |
| Proctective Gear and Accessories |
| By Distribution Channel | |
| Offline Retail Stores | |
| Online Retail Stores |
| By Geography | |||||||||
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Football Equipment Market Size Summary
The football equipment market is experiencing a steady growth trajectory, driven by the increasing popularity of sports activities and a heightened awareness of health and wellness. The influence of social media, celebrity endorsements, and the proliferation of international sports events are encouraging more consumers to engage in sports like football, thereby boosting the demand for football equipment globally. The market is further supported by rising participation rates in outdoor sports, as consumers seek activities that promote fitness and weight management. The surge in sports tournaments and football leagues, along with grassroots programs in educational institutions, are significant factors contributing to the market's expansion. The trend towards athleisure and active lifestyles is also propelling the demand for football-related gear, including footwear and protective equipment.
Regionally, Asia-Pacific stands out as the fastest-growing market for football equipment, with countries like China, Japan, Australia, India, and South Korea leading the charge. The hosting of international football tournaments in these nations is expected to further enhance the popularity and demand for football equipment. Government initiatives and increased disposable incomes in these regions are also playing a crucial role in boosting market growth. The competitive landscape of the football equipment market is dominated by major players such as Adidas, Nike, Under Armour, PUMA, and New Balance, who are investing in innovative technologies and expanding their distribution channels to meet the rising consumer demand. These companies are also leveraging online platforms to enhance their market reach, particularly in emerging markets within Asia-Pacific, to capitalize on the growing interest in football.
Football Equipment Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.2 Market Restraints
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1.3 Porter's Five Forces Analysis
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1.3.1 Threat of New Entrants
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Bargaining Power of Suppliers
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 By Product Type
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2.1.1 Football Shoes
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2.1.2 Footballs
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2.1.3 Proctective Gear and Accessories
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2.2 By Distribution Channel
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2.2.1 Offline Retail Stores
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2.2.2 Online Retail Stores
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2.3 By Geography
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2.3.1 North America
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2.3.1.1 United States
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2.3.1.2 Canada
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2.3.1.3 Mexico
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2.3.1.4 Rest of North America
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2.3.2 Europe
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2.3.2.1 Spain
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2.3.2.2 United Kingdom
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2.3.2.3 Germany
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2.3.2.4 France
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2.3.2.5 Italy
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2.3.2.6 Russia
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2.3.2.7 Rest of Europe
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2.3.3 Asia-Pacific
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2.3.3.1 China
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2.3.3.2 Japan
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2.3.3.3 South Korea
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2.3.3.4 Australia
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2.3.3.5 Rest of Asia-Pacific
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2.3.4 South America
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2.3.4.1 Brazil
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2.3.4.2 Argentina
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2.3.4.3 Rest of South America
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2.3.5 Middle-East and Africa
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2.3.5.1 South Africa
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2.3.5.2 United Arab Emirates
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2.3.5.3 Rest of Middle-East and Africa
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Football Equipment Market Size FAQs
What is the current Football Equipment Market size?
The Football Equipment Market is projected to register a CAGR of 3.5% during the forecast period (2024-2029)
Who are the key players in Football Equipment Market?
Adidas AG, Nike Inc., Under Armour, Inc., New Balance, Inc and ASICS Corporation are the major companies operating in the Football Equipment Market.
