Global Football Equipment Market Analysis: Size, Drivers, Trends, Opportunities And Strategies
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Football equipment, valued at $17.4 billion in 2023, rose to $18.4 billion in 2024, marking a 5.8% CAGR. This growth is attributed to the sport’s global popularity and safety standards. Expected to reach $22.27 billion by 2028, at a 4.9% CAGR, factors include retail expansion, technological advancements, and eco-friendly designs. Trends encompass smart wearables, sustainable materials, and AR interfaces.
The football equipment market is experiencing growth propelled by the rising participation rates in sports, particularly in football. In 2021, total football participation in Australia increased by 20% compared to the previous year, indicating a significant rise in interest. This surge in participation underscores the growing demand for football equipment, including gear and apparel, driving the growth of the market. As more individuals engage in sports activities for physical fitness and social interaction, the demand for football equipment is expected to continue its upward trajectory, further fueling market expansion.
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What Are The Key Trends That Influence Football Equipment Market Share Analysis?
Technological innovations are driving product evolution in the football equipment market. Major brands are leveraging advanced technologies to maintain market leadership. For example, in July 2023, Adidas AG launched the X CRAZYFAST football boot series. These boots incorporate ‘AERO’ enhancements designed to optimize speed, catering to players of all skill levels with features inspired by skateboarding, surfing, and snowboarding for enhanced performance on the field.
Which Market Players Are Driving Growth In The Football Equipment Market?
Major companies operating in the football equipment market report are Nike Inc., Adidas AG, Kering SA, Puma SE, Under Armour Inc., Under Armour Inc., New Balance Inc., Amer Sports Oy, ASICS Corporation, Columbia Sportswear Company, Mizuno Corporation, BSN Sports LLC, Wilson Sporting Goods Co, Umbro, Riddell Sports Group, BRG Sports Inc., Xenith LLC, Champro Sports, Baden Sports Inc., Joma Sport S.A.,Hummel Holding AG, Diadora S.P.A., Lotto Sport Italia Spa, Douglas Industries Inc., Krausko LLC, Schutt Sports Group.
How Is The Global Football Equipment Market Segmented?
The football equipment market covered in this report is segmented –
1) By Type: Football Apparel, Football Shoes, Footballs, Football Protective Equipment, Other Types
2) By Material: Leather, Synthetic, Rubber, Other Materials
3) By Age Group: Adults, Youths, Kids
4) By Distribution Channel: Offline, Online
5) By End User: Professional, Recreational
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The Football Equipment Global Market Report 2024 provides an overview of the football equipmentmarket for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The football equipment market forecast analyzes football equipment market size, football equipment market share, leading competitor and their market positions.
The Table Of Content For The Football Equipment Market Include
1. Football Equipment Market Executive Summary
2. Football Equipment Market Segments
3. Football Equipment Market Size And Template Market Growth Rate
4. Key Football Equipment Market Trends
5. Major Football Equipment Market Drivers
……
25. Key Mergers And Acquisitions In The Football Equipment Market
26. Top Football Equipment Companies
27. Football Equipment Market Opportunities And Strategies
28. Football Equipment Market, Conclusions And Recommendations
29. Appendix
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