The Business Research Company’s report on the Football Equipment Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
How are market drivers shaping the future growth trajectory of the football equipment industry?
The rise in sports participation rates is expected to propel the growth of the football equipment market going forward. Participating in sports improves physical and mental health, provides socialization opportunities, and builds relationships with teammates and coaches. Factors that can increase sports participation rates include the popularity of organized team sports, athletic department funding in schools, and social factors such as sporting experience. For instance, in 2023, according to Football Australia, an Australia-based governing body of football, total football participation in Australia reached 1,715,441, reflecting a 12% increase from 2022. Further, outdoor registered football added 42,710 participants, representing an 8% increase compared to 2022. Additionally, social football participation surged by 36%, reaching 154,403 participants in the same year. Therefore, the rise in sports participation rates is driving the growth of the football equipment market.
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What is the estimated market size of the football equipment sector by 2029, based on current forecasts?
The football equipment market size has grown steadily in recent years. It will grow from $20.05 billion in 2024 to $21 billion in 2025 at a compound annual growth rate (CAGR) of 4.7%. The growth in the historic period can be attributed to popularity and growth of football as a global sport, sponsorship and endorsements from sports brands, influence of professional football leagues and tournaments, rise in participation in organized football leagues, evolution of football safety standards
The football equipment market size is expected to see strong growth in the next few years. It will grow to $26.1 billion in 2029 at a compound annual growth rate (CAGR) of 5.6%. The growth in the forecast period can be attributed to expansion of sports retail and merchandise industry, cultural significance and tradition of football, development of sports science and training methods, growth of e-commerce and online sales channels, customization and personalization of football gear, rise of limited edition and collector’s items in football merchandise. Major trends in the forecast period include technological advancements in football manufacturing, innovations in football equipment technology, integration of smart technologies in football equipment, integration of biometrics in player gear, expansion of virtual and augmented reality experiences in sports equipment.
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#Who are the top players in the football equipment market?
Major companies operating in the football equipment market include Nike Inc., Adidas AG, 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
#What are the major trends in the football equipment market?
Advancements in technology are a key trend gaining popularity in the football equipment market. Major companies operating in the football equipment market are adopting new technologies to sustain their position in the market. For instance, in July 2023, Adidas AG, a Germany-based athletic apparel and footwear company, launched the X CRAZYFAST, a technologically advanced football boot. The new boots are available in three different models: P+, P1 Laced, and P1 Lace Less, and provide players of all skill levels with speed-focused technology. It consists of ‘AERO’ improvements designed to increase speed throughout the game.
Which geography holds the highest football equipment market share?
Europe was the largest region in the football equipment market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the football equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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How do different segments contribute to the overall expansion of the football equipment market?
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
Subsegments:
1) By Football Apparel: Jerseys, Shorts, Socks, Training Wear, Team Kits
2) By Football Shoes: Firm Ground (FG) Cleats, Soft Ground (SG) Cleats, Artificial Ground (AG) Cleats, Indoor Shoes
3) By Footballs: Training Footballs, Match Footballs, Indoor Footballs, Beach Footballs
4) By Football Protective Equipment: Shin Guards, Goalkeeper Gloves, Mouthguards, Ankle And Knee Braces
5) By Other Types: Football Bags, Ball Pumps, Cones And Training Accessories, Whistles
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How is the football equipment market defined?
Football equipment refers to the gear and apparel required by players to safely and effectively participate in the sport of football. This equipment is designed to provide protection, enhance performance, and ensure the safety of athletes on the field.
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