Football Shoes Market Overview: Market Size, Major Drivers And Trends
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033
The football shoes market has grown strongly in recent years, with its size increasing from $18.22 billion in 2023 to $19.38 billion in 2024, reflecting a compound annual growth rate (CAGR) of 6.4%. This historical growth is attributed to evolving football regulations, professional endorsements and sponsorships, technological advancements, and increasing participation in football. The market is expected to continue its strong growth, reaching $24.96 billion by 2028 at a CAGR of 6.5%. The forecasted growth is driven by factors including the growing popularity of football, increased youth sports participation, ongoing endorsements and sponsorships, growth in e-commerce, and strong brand loyalty and reputation. Key trends anticipated for the forecast period include a focus on sustainability and eco-friendly materials, customization and personalization options, influence of sports celebrities and sponsorships, regional market expansion, and innovative marketing strategies.
The rising popularity of football is expected to propel the growth of the football shoes market going forward. Football’s global appeal, simplicity, and the excitement surrounding international tournaments contribute to its increasing popularity. Football shoes are essential for enhancing player performance and agility, making them a crucial component of the game. For example, in January 2022, Football Australia reported a 20% increase in total football participation in 2021, reaching 1,421,804 from 1,181,931 in 2020. Additionally, outdoor football participation grew by 16% from 2020 to 2021. This rising popularity of football is driving the demand for football shoes.
Get A Free Sample On The Football Shoes Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=18367&type=smp
What Are The Key Trends That Influence Football Shoes Market Share Analysis?
Major companies operating in the football shoes market are increasing their focus on developing innovative shoes, such as lightweight football shoes, to sustain their position in the market. Lightweight football shoes are designed to enhance a player’s speed, agility, and overall performance by reducing the weight of the footwear. For instance, in July 2024, Nike Inc., a US-based footwear company, introduced its new football boot, the Tiempo Legend 10. The Tiempo Legend 10 incorporates a new material called FlyTouch Plus, which provides a soft, light, and durable synthetic leather material to enhance ball control and touch. This innovation also reduces the weight of the boot, making it the lightest version of the Tiempo so far. Furthermore, the boot has 55 percent less water retention than previous models, allowing it to adapt to the athlete’s foot over time, regardless of weather conditions. The Tiempo Legend 10 is available in various colorways, including those from the Nike United Pack, which celebrate a new dawn for women’s football with gradient sunrise tones.
Which Market Players Are Driving Growth In The Football Shoes Market?
Major companies operating in the football shoes market are Nike Inc., Adidas AG, Puma SE, Under Armour Inc., Patrick Corporation Inc., New Balance Athletics Inc., Asics, Reebok International Ltd., Mizuno USA, Le Coq Sportif, Hummel, Joma, Warrior Sports, Diadora, Umbro, Lotto, Sondico, Pantofola d’Oro, Mitre Sports International Ltd., Golar, Topper, Kappa, Zebra, Ryal, Zeus
How Is The Global Football Shoes Market Segmented?
1) By Product: Soft Ground; Firm Ground; Artificial Ground; Hard Ground OR Multi-Ground; Turf Football; Indoor Football
2) By Material Type: Kangaroo Leather (K) Leather; Natural Leather; Synthetic Leather; Synthetic; Mesh; Knit
3) By Buyer Type: Individual; Institutional; Promotional
4) By Sales Channel: Independent Sports Outlet; Franchised Sports Outlet; Modern Trade Channels; Direct To Customer Brand Outlet; Direct To Customer Online Channel; Direct To Customer Institutional Channel; Third Party Online Channel
Read The Full Football Shoes Market Report Here
https://www.thebusinessresearchcompany.com/report/football-shoes-global-market-report
The Football Shoes Global Market Report 2024 provides an overview of the football shoesmarket for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The football shoes market forecast analyzes football shoes market size, football shoes market share, leading competitor and their market positions.
The Table Of Content For The Football Shoes Market Include
1. Football Shoes Market Executive Summary
2. Football Shoes Market Segments
3. Football Shoes Market Size And Template Market Growth Rate
4. Key Football Shoes Market Trends
5. Major Football Shoes Market Drivers
……
25. Key Mergers And Acquisitions In The Football Shoes Market
26. Top Football Shoes Companies
27. Football Shoes Market Opportunities And Strategies
28. Football Shoes Market, Conclusions And Recommendations
29. Appendix
Explore Similar Reports From The Business Research Company:
Artificial Intelligence-Based Shoe Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/artificial-intelligence-based-shoe-global-market-report
Custom Shoes Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/custom-shoes-global-market-report
Carbon Footprint Management Software Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/carbon-footprint-management-software-global-market-report
Learn More About The Business Research Company
The Business Research Company has published over 15000+ reports in 27 industries, spanning 60+ geographies. The reports draw on 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders.
Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at info@tbrc.info
Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Found this article helpful? Share it on: