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The global football market size reached US$ 3.02 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 3.87 Billion by 2027, exhibiting a growth rate (CAGR) of 4.10% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
Football is sports equipment made of synthetic leather, such as polyurethane and polyvinyl chloride (PVC), stitched around an inflated rubber or butyl rubber bladder. It can also be manufactured using high-quality stitching, a durable body, and specialized features to promote easy football handling, passing, and shooting. Nowadays, manufacturers are introducing premium footballs for excellent performance, accuracy, speed, and control during professional football tournaments. These footballs also offer high air retention and water resistance and can be utilized in challenging environmental conditions compared to training balls.
The increasing participation of individuals in professional association football tournaments and leagues represents one of the primary factors impelling the market growth. Moreover, the growing awareness among individuals about the health benefits provided by football games, including lowering body fat, improving muscle tone, and enhancing aerobic capacity and cardiovascular health, is catalyzing the demand for recreational footballs. In addition, as football games can assist in promoting bone strength and building flexibility and endurance, the rising prevalence of lifestyle diseases and the increasing health consciousness are influencing the market positively. This can also be attributed to the emerging trend of physical fitness activities as a vital component of self-care. Besides this, rising investments by sports agencies of numerous countries in infrastructure development of existing stadiums, parks, clubs, school grounds, and health centers to encourage the participation of individuals in outdoor games are acting as another growth-inducing factor. Furthermore, market players operating in the industry are introducing custom-made footballs with smart light-emitting diode (LED) lights in durable prints through e-commerce channels, which is anticipated to augment the overall sales and drive the market in the coming years.
IMARC Group provides an analysis of the key trends in each sub-segment of the global football market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, size and distribution channel.
Breakup by Type:
Breakup by Size:
Breakup by Distribution Channel:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Adidas AG, Baden Sports Inc., Decathlon Sports India Pvt Ltd. (Decathlon S.A.), Formative Sport, Franklin Sports Inc., Nike Inc., Nivia Sports, Puma SE (Artemis S.A), Select Sport A/S, UMBRO (Iconix Brand Group) and Wilson Sporting Goods Company (Amer Sports).
|Base Year of the Analysis||2021|
|Segment Coverage||Type, Size, Distribution Channel, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Countries Covered||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico|
|Companies Covered||Adidas AG, Baden Sports Inc., Decathlon Sports India Pvt Ltd. (Decathlon S.A.), Formative Sport, Franklin Sports Inc., Nike Inc., Nivia Sports, Puma SE (Artemis S.A), Select Sport A/S, UMBRO (Iconix Brand Group) and Wilson Sporting Goods Company (Amer Sports).|
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The global football market was valued at US$ 3.02 Billion in 2021.
We expect the global football market to exhibit a CAGR of 4.10% during 2022-2027.
The rising popularity of outdoor sports activities, such as football, along with the increasing participation of individuals in professional association football tournaments, is primarily driving the global football market.
The sudden outbreak of the COVID-19 pandemic has led to the changing consumer inclination from conventional brick-and-mortar distribution channels towards online retail platforms for the purchase of footballs.
Based on the type, the global football market has been segmented into training football, match football, and others. Among these, training football currently holds the majority of the total market share.
Based on the distribution channel, the global football market can be divided into online and offline. Currently, offline channel exhibits a clear dominance in the market.
On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where Europe currently dominates the global market.
Some of the major players in the global football market include Adidas AG, Baden Sports Inc., Decathlon Sports India Pvt Ltd. (Decathlon S.A.), Formative Sport, Franklin Sports Inc., Nike Inc., Nivia Sports, Puma SE (Artemis S.A), Select Sport A/S, UMBRO (Iconix Brand Group), and Wilson Sporting Goods Company (Amer Sports).
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