Press release
Football Market Size, Industry Growth, Revenue, Future Forecast 2023-2028
How Big is The Football Market:The global football market size reached US$ 3.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 4.0 Billion by 2028, exhibiting a growth rate (CAGR) of 4% during 2023-2028.
Football is a sport played between two groups, each consisting of eleven players, with the primary objective being to score goals by getting the ball into the goal post of the opposing team. It is typically played on a rectangular field, commonly referred to as a pitch, with a goal at each end. It has a set of rules and regulations that govern the game, including offside, fouls, and free kicks, to ensure fairness and safety. It involves strategic planning, with teams adopting different formations and strategies to achieve an advantage over their opponents. Football encompasses a massive industry, generating substantial revenue through ticket sales, merchandise, broadcasting rights, and advertising. It teaches values, such as teamwork, discipline, and sportsmanship, helping individuals grow as responsible and respectful citizens. It also fosters social bonds, promoting a sense of camaraderie among players and fans. Football opens doors to professional careers for talented athletes, offering opportunities for fame and financial rewards.
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Football Market Trends and Growth:
At present, the increasing number of international competitions and the widespread availability of televised football matches represent one of the crucial factors impelling the growth of the market. Besides this, the rising digitalization and the proliferation of social media platforms are empowering football clubs and players to connect with fans across the globe, enhancing their brand value. In addition, the growing sponsorship deals, with multinational corporations vying to align their brands with the iconic figures and institutions associated with football, are offering a favorable market outlook. These sponsorships extend beyond mere branding, often encompassing multi-dimensional partnerships that incorporate social responsibility and community engagement, thereby reflecting the rising importance of corporate social responsibility (CSR) within the football industry. Apart from this, the increasing emergence of innovative and sustainable stadium infrastructure, marking a shift towards environmentally conscious football facilities that are equipped with state-of-the-art technology, creating a holistic fan experience and reducing the carbon footprint of matches.
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Some of these key players 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)
• Wilson Sporting Goods Company (Amer Sports).
Key Market Segmentation:
The report has segmented the global football market based on type, size, distribution channel and region.
Breakup by Type:
• Training Football
• Match Football
• Others
Size Insights:
• Size 1
• Size 2
• Size 3
• Size 4
• Size 5
Distribution Channel Insights:
• Online
• Offline
Breakup by Region:
• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa
Key highlights of the report:
• Market Performance (2017-2022)
• Market Outlook (2023- 2028)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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Contact US
IMARC Group
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Email: sales@imarcgroup.com
Follow us on Twitter: @imarcglobal
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About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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