Football Sportswear Market Size, Share, Growth, Trends, Analysis & Report 2023 - 2031 | New Balance, Inc., Ralph Lauren Corporation

The football sportswear market size was valued at $89,505.0 million in 2019, and is estimated to reach $114,414.1 million by 2027, registering a CAGR of 5.3% from 2021 to 2027. Growth in popularity of football sports, increase in participation in football as players, and advancements in raw material used for making football footwear and apparel are expected to drive growth of the football sportswear market during the forecast period. Football sports is one of the internationally recognized and popular sports in the world and interest of people for football in developing countries such as India, Pakistan, and Indonesia has increased substantially.

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Moreover, across countries with football fans, the United Arab Emirates has topped the list in 2018, as 80% of the countrys population are follow football; followed by Thailand, Chile, and Portugal. In addition, growth in admissions of children in football academy and growth in inclination of children toward sports and choosing sports as career further adds to growth of the football sportswear market. Women is the new emerging audience in the sports industry as audience and their active participation in football propels growth of the market.

Women are increasingly taking interest in football sports and governments are also promoting women to participate in sports by giving scholarships and allocating reserve seats in government jobs for sportswomen. According to the BBC, difference between number of men and women playing sports in England has reduced to 1.55 million. The difference is further expected to reduce with more women participating in sports activities, thereby augmenting the market growth. Football footwear has been gaining major share in the football sportswear market, and is expected to sustain this share during the forecast period. This is majorly attributed to advancements in footwear, designs, and quality of footwear.

Furthermore, people playing football as recreational purposes and growth in health awareness and increasing obesity related problems further motivates people to play heavy exercise sports such as swimming, badminton, and football. Moreover, people are increasingly purchasing branded shoes and clothing as they desire to look like professional football players. Growth in participation of children in school and college level football events and tournaments further propels growth of the football sportswear market. However, limited football fan following in developing countries and availability of counterfeit products is considerably expected to hinder growth of the football sportswear market during the forecast period. Furthermore, lack of proper facilities, ground, and motivation for football sports is expected to hamper growth of the global market.

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The football sportswear market is segmented into type, end user, distribution channel, and region. On the basis of type, the market is categorized into footwear, apparel, and others. By end user, it is segregated into men, women, and children. On the basis of distribution channel, it is segmented into e-commerce, supermarkets/hypermarkets, brand outlets, and others. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, the UK, France, Russia, Italy, Spain, and rest of Europe), Asia-Pacific (China, Japan, Australia, India, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).

KEY BENEFITS FOR STAKEHOLDERS
- The study provides an in-depth analysis of the global football sportswear market, with current and future trends to elucidate the imminent investment pockets in the market.
- The report provides information regarding drivers, restraints, and opportunities with impact analysis.
- A quantitative analysis from 2019 to 2027 is provided to showcase the financial competency of the market.
- Porters five forces model of the industry illustrates competitiveness of the market by analyzing various parameters such as threat of new entrants, threat of substitutes, bargaining power of the buyers, and bargaining power of the suppliers operating in the market.
- Value chain analysis in the report provides a clear understanding of the roles of stakeholders involved in the value chain.
- Competitive intelligence highlights business practices followed by leading market players across various regions.

The major players operating in the market are Adidas AG., Asics Corporation, Columbia Sportswear Company, Fila Holding Corporation, Lululemon Athletica, Inc., Nike, Inc., New Balance, Inc., Ralph Lauren Corporation, Puma SE and Under Armour, Inc.

KEY MARKET SEGMENTS
- By Type
o Footwear
o Apparel
o Others

- By End User
o Men
o Women
o Children

- By Distribution Channel
o E-commerce
o Supermarkets/Hypermarkets
o Brand Outlets
o Others

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- By Region
o North America
? U.S.
? Canada
? Mexico
o Europe
? Germany
? UK
? France
? Russia
? Italy
? Spain
? Rest of Europe

o Asia-Pacific
? China
? Japan
? Australia
? India
? South Korea
? Rest of Asia-Pacific
o LAMEA
? Latin America
? Middle East
? Africa

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About Report Ocean:

We are the best market research reports provider in the industry. Report Ocean believes in providing quality reports to clients to meet the top line and bottom line goals which will boost your market share in today's competitive environment. Report Ocean is a 'one-stop solution' for individuals, organizations, and industries that are looking for innovative market research reports.

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