Football Shoes Market Report Examines Latest Trends and Key Drivers Supporting Growth through 2017-2022 and Expected To Reach A Value Of Around US$ 19,000 Mn by End of Analysis Period
Increasing availability of counterfeit football shoes by local manufacturers are impacting the distribution channels, which acts as a major restraining factor to growth of the global football shoes market. New market entrants are posing challenges to global leaders in the market, by focusing on the specialty retailers. The report, compiled by FactMR, provides in-depth analysis of the global football shoes market for the forecast period 2017-2022, and offers key insights about future market direction.The scope of FactMR’s report is to analyze the global Football Shoes Market for the forecast period 2017-2022 and provide readers an unbiased and accurate analysis. Football shoes manufacturers, stakeholders, and suppliers in the global sports industry can benefit from the analysis offered in this report. This report offers a comprehensive analysis, which can be of interest to leading trade magazines and sports journals.
The report commences with a brief information of the global football shoes market. This executive summary sets the tone for the rest of the report, providing users the scope of the report. The executive summary includes important facts and statistics on the global football shoes market.
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Football shoes are a part of footwear, worn by individuals while playing football. Football shoes are designed for grass pitches, and have studs on the outer side for aiding the grip. Modern football shoes do not cover the ankle of players, like majority of the other specialist sports footwear. Basic design and appearance of football shoes have converged with design of sneakers over the past few decades.
Today’s football shoes are generally produced either by using leather, or synthetic materials. Although leather shoes and synthetic shoes provide good performance level to players, a number of disadvantages are associated with these materials. The stretching property of leather shoes, despite of their benefit in conforming to the uniqueness of a player’s foot, might extend beyond its limit, resulting into its replacement. Leather has higher potential of absorbing water, enhancing the weight of shoes, and making the cleaning process more difficult. Leather shoes are often high-priced. There is a relatively less availability of color choices in leather football shoes, unlike their synthetic counterparts. However, as synthetic material provide high water resistant property, it can make shoes more slick when exposed to water for longer period of time, for example – in rain, leading towards less grip on the ball. Moreover synthetic shoes require longer break-in times, as the material is inorganic. These factors might impact demand for football shoes in the near future.
New players, such as New Balance, are entering the market by concentrating on specialty retailers, posing challenges to predominant industries including Adidas and Nike. Increasing prevalence of counterfeit football shoes, produced by local manufacturers, are affecting the distribution channels, and thereby influencing the market growth. The global football shoes market is projected to exhibit a sluggish CAGR during the forecast period (2017-2022), according to a recent study published by FactMR. Global sales of football shoes are expected to account for nearly US$ 19,000 Mn revenues by 2022-end.
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Over two-third share of the market is expected to be held by individual buyers of football shoes during 2017 to 2022, in terms revenues. Individual buyers of football shoes will account for approximately US$ 13,000 Mn revenues by 2022-end.
In terms of revenues, Europe is projected to retain its position as the largest market for football shoes. Sales of football shoes in Europe will account for over US$ 8,000 Mn revenues by 2022-end. Asia-Pacific excluding Japan (APEJ) will remain the second most lucrative market for football shoes.
More than US$ 4,000 Mn revenues will be accounted by third party online sales channel for football shoes by 2022-end. Third party online sales channel will remain dominant in the global football shoes market, with sales exhibiting the highest CAGR through 2022.
Competition Tracking
FactMR’s report lists key market players, which include Pantofola d'Oro SpA, Select Sport A/S, Diadora Sports S.r.l, Joma Sport SA, ASICS Corporation, Mizuno Corporation, PUMA SE, NIKE, Inc., Under Armour, Inc., and Adidas AG.
Table of Contents
Global Football Shoes Market - Executive Summary
Global Football Shoes Market Overview
2.1. Introduction
2.1.1. Global Football Shoes Market Taxonomy
2.1.2. Global Football Shoes Market Definition
2.2. Global Football Shoes Market Size (US$ Mn) and Forecast, 2012-2022
2.2.1. Global Football Shoes Market Y-o-Y Growth
2.3. Global Football Shoes Market Dynamics
2.3.1. Drivers
2.3.2. Restraints
2.3.3. Trends
2.4. Supply Chain
2.5. Cost Structure
2.6. Pricing Analysis
Continued…………………………
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About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized global market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
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