Global Football Market to Reach US$ 4.6 Billion by 2032, Impelled by Active Participation in Football Leagues

August 01, 2022 | Retail

According to the latest report by IMARC Group, titled “Football Market Report by Type (Training Football, Match Football, and Others), Size (Size 1, Size 2, Size 3, Size 4, Size 5), Distribution Channel (Online, Offline), and Region 2024-2032," the global football market reached a value of US$ 3.3 Billion in 2023. Football is an oval, inflated ball with air used to play a popular sport involving two teams of 11 players. It is a specialized sports equipment made of synthetic leather, such as polyvinyl chloride (PVC) and polyurethane (PU). Footballs are hand-stitched, thermally bonded, and machine stitched to offer durability and enhanced participation comfort, accuracy, speed, and control. Some health attributes of playing football include improved heart health, blood pressure, muscle mass, and bone strength, reduced body fat, and boosted strength, stamina, and speed. Currently, manufacturers are introducing premium footballs with higher water resistance and air retention properties than training balls.

Global Football Market Trends:

The rising health consciousness, influenced by the increasing prevalence of lifestyle-based diseases, is creating a positive outlook for the market. Engaging in outdoor sports activities, such as football, enhances aerobic capacity and cardiovascular health, promotes bone strength, and builds flexibility and endurance. In line with this, the increasing participation of individuals in professional association football tournaments and leagues is also favoring the market growth. Apart from this, the introduction of high-quality stitching and durable footballs that promote easy handling, passing, and shooting of footballs are providing an impetus to the market growth. Additionally, the launch of customized footballs embedded with smart light-emitting diode (LED) lights that enhance the product’s aesthetic appeal is positively influencing the market growth. Other factors, including rising expenditure capacities of consumers, significant infrastructure development of existing stadiums, parks, and clubs, and easy product availability across e-commerce platforms, are anticipated to drive the market toward growth. On account of the aforementioned factors, the market value is expected to reach US$ 4.6 Billion by 2032, exhibiting a CAGR of 3.6% during 2024-2032.

Market Summary:

On the basis of the type, the market has been divided into training, match, and other footballs.
Based on the size, the market has been divided into sizes 1, 2, 3, 4, and 5.
On the basis of the distribution channel, the market has been bifurcated into online and offline.
On a regional basis, the market has been categorized into North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia and others) Latin America (Brazil, Mexico and others), and Middle East and Africa.
The competitive landscape of the industry has also been examined, with some 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).

Report Scope:

Report Features	Details
Base Year of the Analysis	2023
Historical Period	2018-2023
Forecast Period	2024-2032
Units	US$ Billion
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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Global Football Market to Reach US$ 4.6 Billion by 2032, Impelled by Active Participation in Football Leagues

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