Football Market Size
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 741.45 Million |
| Market Size (2029) | USD 906.00 Million |
| CAGR (2024 - 2029) | 4.09 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Europe |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Football Market Analysis
The Football Market size is estimated at USD 741.45 million in 2024, and is expected to reach USD 906 million by 2029, growing at a CAGR of 4.09% during the forecast period (2024-2029).
The COVID-19 outbreak has significantly affected the market due to several national and international tournament closures worldwide. Some of these major events are the FIFA World Cup, UEFA Champions League, UEFA European Championship, Copa America, Copa Libertadores, UEFA Europa League, Africa Cup of Nations, etc. However, post-covid, the market is recovering fast, which is boosting the sales of sports products worldwide. During the pandemic, Nike, a major player in the sport, estimated a sales decline, but the company saw a big recovery in sales after the pandemic ended. According to the company, NIKE's annual revenues for 2022 were USD 46.71 billion, a 4.88% increase from 2021. In 2021, Nike's annual revenue was USD 44.538 billion, a 19.08% increase over the previous year. In 2020, Nike reported annual revenues of USD 37.403 billion, a drop of 4.38% from 2019's USD 39.628 billion.
Individuals are becoming increasingly involved in fitness and sports activities, which is driving the global market. As football's popularity increases and the number of young adults participating in football-related events increases, this trend is likely to continue. In addition, the products are readily available through online and offline organized retail channels, which is driving the market growth. In addition to the increased consumer expenditure on sports and recreation activities, continued product innovation, the growing use of fitness apps among health-conscious individuals, and extensive research and development (R&D) activities conducted by key players are some positive factors impacting this market.
Football Market Trends
This section covers the major market trends shaping the Football Market according to our research experts:
Rising Active Participation in Football Leagues
The growing health consciousness among consumers is leading to the need to follow a healthier lifestyle. Consumers are engaged in several sports activities to maintain their health. The majority prefer outdoor games, such as football, as these outdoor sports activities require significant physical effort, thus enhancing the stamina levels of the players. Football also helps keep the body strong, flexible, and fit. It can also help avoid several health diseases and increase the mental stability of individuals. Therefore, being a complete workout package, the game is becoming popular among athletes, cricketers, and others. Moreover, government initiatives to promote football events are boosting people's interest in playing the sport, such as FIFA World Cup in Qatar 2022 is set to boost people's interest in the country. Such factors are driving the sales of football worldwide.
Additionally, an independent identity, FIFA Foundation promotes football to accomplish its social responsibility through its various programs, such as Foundation Community Programme, Recovery Programme, FIFA Legends Programme, Football for Schools Programme, Campus Programme, Refugee Programme, and Employee Volunteer Programme. In the post-COVID-19 world, the FIFA Foundation is using football to help reconnect society, promote and support mental health awareness, and help empower and inspire people to participate in football for a healthy mind and body. This, in turn, is increasing the football participation rate across the globe and aiding the growth of the global football market.
Europe is the Largest Market
Europe has the largest football market. The increasing number of football participants and clubs strongly accelerated the demand for football among all age groups. Thus, this factor provides a great opportunity for foreign football manufacturing companies to expand their business in the region. Football clubs generate strong revenue due to an increasing number of individuals enrolling each year. Some of the most famous clubs in Europe include Real Madrid, Barcelona, Manchester United, Liverpool, Bayern Munich, and others. Furthermore, with growing women's participation in sports, including football, several women's football clubs are being introduced in Europe and other regions, training individuals to play professionally. With considerable sponsorships for the cause, women's clubs are becoming professional platforms, benefitting the sponsors and players.
Football Industry Overview
The market studied is highly competitive due to the presence of several domestic and international players. The major players in the market, like Adidas and Nike, are innovating their footballs with abstract patterns and experimenting with the number of panels to give better stability to the ball. Introducing better products in the market will allow more consumers to buy price-worthy products rather than choosing low-standard balls at a lesser price. Owing to the growing football craze, customization of footballs for individual leagues and games is the newest way to attract customers. The manufacturers focus on developing better and more attractive balls to capture the market.
Football Market Leaders
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Adidas AG
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Nike Inc.
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Puma SE
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Decathlon Sports Pvt Ltd.
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Mitre International
*Disclaimer: Major Players sorted in no particular order
Football Market News
- In October 2022, Nike launched a new High Visibility Premier League ball for the season 2022-23. The new winter ball provides increased visibility with the same Aerowsculpt technology as the regular Premier League 2022-23 ball.
- In June 2022, PUMA, the global sports company, and Lega Serie launched a new match ball to mark the beginning of their partnership.
- In April 2021, in a joint announcement, the Ligue de Football Professionnel (LFP) and Decathlon announced that Kipsta would become the official ball supplier for French soccer's two highest divisions from the beginning
Football Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions and Market Definition
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Drivers
- 4.2 Market Restraints
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4.3 Porter's Five Forces Analysis
- 4.3.1 Threat of New Entrants
- 4.3.2 Bargaining Power of Buyers/Consumers
- 4.3.3 Bargaining Power of Suppliers
- 4.3.4 Threat of Substitute Products
- 4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
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5.1 Size
- 5.1.1 Size 1
- 5.1.2 Size 2
- 5.1.3 Size 3
- 5.1.4 Size 4
- 5.1.5 Size 5
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5.2 Distribution Channel
- 5.2.1 Specialty Stores
- 5.2.2 Supermarkets and Hypermarkets
- 5.2.3 Online Stores
- 5.2.4 Other Distribution Channels
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5.3 Geography
- 5.3.1 North America
- 5.3.1.1 United States
- 5.3.1.2 Canada
- 5.3.1.3 Mexico
- 5.3.1.4 Rest of North America
- 5.3.2 Europe
- 5.3.2.1 Germany
- 5.3.2.2 United Kingdom
- 5.3.2.3 France
- 5.3.2.4 Spain
- 5.3.2.5 Italy
- 5.3.2.6 Russia
- 5.3.2.7 Rest of Europe
- 5.3.3 Asia-Pacific
- 5.3.3.1 China
- 5.3.3.2 Japan
- 5.3.3.3 India
- 5.3.3.4 Australia
- 5.3.3.5 Rest of Asia-Pacific
- 5.3.4 South America
- 5.3.4.1 Brazil
- 5.3.4.2 Argentina
- 5.3.4.3 Rest of South America
- 5.3.5 Middle-East and Africa
- 5.3.5.1 South Africa
- 5.3.5.2 Saudi Arabia
- 5.3.5.3 Rest of Middle-East and Africa
6. COMPETITIVE LANDSCAPE
- 6.1 Most Adopted Strategies
- 6.2 Market Share Analysis
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6.3 Company Profiles
- 6.3.1 Adidas AG
- 6.3.2 Nike Inc.
- 6.3.3 Puma SE
- 6.3.4 Decathlon Sports Pvt Ltd.
- 6.3.5 Select Sport AS
- 6.3.6 Cambuci SA (Penalty)
- 6.3.7 Umbro
- 6.3.8 Baden Sports
- 6.3.9 Mitre International
- 6.3.10 Wilson Sporting Goods
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Football Industry Segmentation
Football, also called association football or soccer, involves two teams of 11 players trying to maneuver the ball into the other team's goal without using their hands or arms. The football market is segmented by size, distribution channel, and geography. Based on the size, the market is segmented into Size 1, Size 2, Size 3, Size 4, and Size 5. Based on the distribution channel, the market is segmented into specialty stores, supermarkets/hypermarkets, online stores, and other distribution channels. Also, the study analyzes the dietary supplements market in emerging and established markets worldwide, including North America, Europe, Asia-Pacific, South America, the Middle East, and Africa. For each segment, the market sizing and forecasts have been done based on value (in USD million).
| Size | Size 1 | |
| Size 2 | ||
| Size 3 | ||
| Size 4 | ||
| Size 5 | ||
| Distribution Channel | Specialty Stores | |
| Supermarkets and Hypermarkets | ||
| Online Stores | ||
| Other Distribution Channels | ||
| Geography | North America | United States |
| Canada | ||
| Mexico | ||
| Rest of North America | ||
| Geography | Europe | Germany |
| United Kingdom | ||
| France | ||
| Spain | ||
| Italy | ||
| Russia | ||
| Rest of Europe | ||
| Geography | Asia-Pacific | China |
| Japan | ||
| India | ||
| Australia | ||
| Rest of Asia-Pacific | ||
| Geography | South America | Brazil |
| Argentina | ||
| Rest of South America | ||
| Geography | Middle-East and Africa | South Africa |
| Saudi Arabia | ||
| Rest of Middle-East and Africa |
Football Market Research FAQs
How big is the Football Market?
The Football Market size is expected to reach USD 741.45 million in 2024 and grow at a CAGR of 4.09% to reach USD 906.00 million by 2029.
What is the current Football Market size?
In 2024, the Football Market size is expected to reach USD 741.45 million.
Who are the key players in Football Market?
Adidas AG, Nike Inc., Puma SE, Decathlon Sports Pvt Ltd. and Mitre International are the major companies operating in the Football Market.
Which is the fastest growing region in Football Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Football Market?
In 2024, the Europe accounts for the largest market share in Football Market.
What years does this Football Market cover, and what was the market size in 2023?
In 2023, the Football Market size was estimated at USD 712.32 million. The report covers the Football Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Football Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
What are the key factors driving the Football Market?
The key factors driving the Football Market are a) Rising global interest in football, fueled by media coverage, professional leagues, and major tournaments b) Increased investment in youth academies and coaching programs to nurture future talent
Football Industry Report
The global football market is on an upward trajectory, driven by heightened football events and increased player participation, sparking manufacturers to innovate footballs with enhanced stitching and durability for optimal performance. The influence of sports celebrities and social media promotions plays a crucial role in engaging the youth and broadening market reach. Market segmentation reveals that training footballs, known for their versatility, and the rapidly growing match football segment, preferred for professional plays, dominate. Furthermore, the shift towards online sales channels highlights e-commerce's growing impact. With North America and Europe leading due to their strong football cultures, the Asia-Pacific region's burgeoning market, particularly in China and India, signals a demand for high-quality sports apparel. This dynamic market landscape is further shaped by football analysis, forecasting significant growth, with key players leveraging innovation and strategic partnerships to meet global consumer demands and strengthen market positions. Get a sample of this industry analysis as a free report PDF download.
