Football equipment is a basically a football gear used by a football player to play football like football boot, jersey, leg guard, and among others. According to research study, global football equipment market size was valued at USD XXX billion in 2020 and is anticipated to reach USD XXX billion by 2030 with the CAGR of XXX over the forecast period. Some of the factors resulting to the growth of the market are it is a sport which is popular in every nation, increase in numbers of football fans, presence of football leagues all over the world at different levels. Furthermore, the increasing use of training equipment in local, club, and national level will also be responsible for the football equipment market growth.
Market Segmentation:
The global football equipment market is segmented as follows: On the basis of product it is classified into boots, jersey, football, and training equipment. Furthermore, by quality it is categorize into low, medium, and premium. Moreover, based on distribution channel it is group into retail, showrooms, e-commerce platforms, and malls. And by geography, football equipment market is divided into North America, Asia Pacific, Europe, and RoW.
Market Dynamics and Factors:
Popularity of the game is the major driving factor for the growth of the market. Some of the factors for its popularity includes presence of the World Cup tournament where people across the globe compete, almost every countries have its own league tournament, and it is a popular sport in schools and colleges, increasing the football equipment market growth. Negligence of the full football equipment of the third world countries due to low buying power in this region is one of the restraining factor for the growth of the market. The increase of women playing football all over the world will create immense opportunity for the football equipment market growth. The rising popularity of other entertainment like singing, wrestling, talent shows, UFC, and among others will act as a challenge in future for the growth of the market.
Geographic Analysis:
Europe is the global leading revenue creator in 2017 and is expected to continue in the coming future. Some of the factors responsible for the growth of the market are it is the number one sport that people watch in this region, giving importance of having quality equipment, having a big league system all over Europe, all the world top footballers play in European leagues and among others. Asia Pacific is the second dominating region and some of the factors resulting to the growth of the market are World Cup started being held in this region, worldwide famous players started playing in Asian countries league, increase in number of tournaments in Asian countries, and among others.
Competitive Scenario:
Some of the key players operating in football equipment industry are Adidas Group, Nike .Inc, Under Armour, New Balance, ASICS Corporation, Baden Sport, Umbro, Basic Net, Diadora Sport, Columbia Sports Wear, Mizuno, and others.
Football Equipment Market Report Scope
Report Attribute | Details |
Analysis Period | 2020–2030 |
Base Year | 2021 |
Forecast Period | 2022–2030 |
Market Size Estimation | Million (USD) |
Growth Rate (CAGR%) | XXX |
| by Product (Boots, Jersey, Football, and Training Equipment), by Quality (Low, Medium, and Premium), By Distribution Channel (Retail, Showrooms, E-Commerce Platforms, and Malls) |
Geographical Segmentation | North America (U.S., Canada, Mexico) Europe (UK, Germany, Italy, France, Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Rest of APAC), South America (Brazil, Argentina, Rest of SA), MEA (UAE, Saudi Arabia, South Africa) |
Key Companies Profiled | Adidas Group, Nike .Inc, Under Armour, New Balance, ASICS Corporation, Baden Sport, Umbro, Basic Net, Diadora Sport, Columbia Sports Wear, Mizuno, and others. |
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