Press release
Football Sportswear Market Set to Cross $114.4141 Billion Globally by 2027, with a Steady 5.3% CAGR From 2021-2027
๐๐ก๐ ๐๐จ๐จ๐ญ๐๐๐ฅ๐ฅ ๐ฌ๐ฉ๐จ๐ซ๐ญ๐ฌ๐ฐ๐๐๐ซ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ฌ๐ข๐ณ๐ ๐ฐ๐๐ฌ ๐ฏ๐๐ฅ๐ฎ๐๐ ๐๐ญ $๐๐,๐๐๐ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง ๐๐๐๐, ๐๐ง๐ ๐ข๐ฌ ๐๐ฌ๐ญ๐ข๐ฆ๐๐ญ๐๐ ๐ญ๐จ ๐ซ๐๐๐๐ก $๐๐๐,๐๐๐.๐ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐๐ฒ ๐๐๐๐, ๐ซ๐๐ ๐ข๐ฌ๐ญ๐๐ซ๐ข๐ง๐ ๐ ๐๐๐๐ ๐จ๐ ๐.๐% ๐๐ซ๐จ๐ฆ ๐๐๐๐ ๐ญ๐จ ๐๐๐๐.Allied Market Research published a new report, titled, "Football Sportswear Market Size, Share, Competitive Landscape and Trend Analysis Report by Type, End User and Distribution Channel : Global Opportunity Analysis and Industry Forecast 2021-2027". The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and changing market trends.
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Rise in consumer spending on sports and recreational activities, surge in participation in football-related events, and increase in number of sportswomen drive the growth of the global football sportswear market. However, variations in raw material prices and availability of counterfeit products hinder the market growth. On the other hand, rise in preference for sports as a career option among youth and ever-increasing popularity of football create new opportunities in the coming years.
The football sports goods industry faces a segmented market and a high volatility of demand. The most signi?cant determinant variables of the demand for football sports goods, its growth and size, are fashion, use of football sports goods, its market price, increase in disposable income, life cycle of these sports wears. Football is one of the famous sports in the world and it has been gaining major popularity in emerging countries such as India, Vietnam, Indonesia, and China. The women segment is the emerging segment in the global football sportswear market as interest of women in football as player and audience is increasing eventually.
According to the football sportswear market trends, on the basis of end user, the men segment is estimated to reach $66,376.1 million by 2027, at a CAGR of 4.4%. This segment has gained a major share in the global football sportswear market and is expected to sustain its share during the forecast period 2021-2027.
Football sportswear includes shoes, socks, track pants, shirts, and shorts, which are worn by football players and trainers. Growth in participation in football sports, interest of audience for football events, and desires to maintain a sporty look and follow latest fashion trends further drives the football sportswear market growth. Football sports apparel has gained significant traction in the global sportswear market, owing to growth in health awareness and increase in adoption of fitness activities.
On the basis of distribution channel, the brand outlets segment is estimated to reach $37,616.3 million by 2027, and at a CAGR of 5.6%. Brand outlets are owned and operated by manufacturers. In this, manufactures such as Puma, Adidas, and Nike sell their own brand products through stores. People are increasingly buying products through brand outlets, owing to benefits associated with them such as heavy discounts, cheaper prices, and product availability, which are not available through distribution channels.
Football was mainly concentrated to men segment only but now-a-days women are the emerging audience for football events. Growth in advancements in football shoes has been majorly attracting men football fans and football players. Nike Mercurial Vapor Superfly II CR, Adidas F50 Adizero MiCoach, Joma Super Regate, NIKE ID- Boot Customization, ADIDAS CRAZYLIGHT, and Puma NeonLite 2.0 are some of the advanced shoes, which have gained significant traction among sportsmen. For instance, FlyWire consists of strands made from Vectran, which is thinner than human hair yet stronger than steel. These strands are placed in strategic areas to provide support and it is weightless.
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Region wise, Asia-Pacific has gained considerable traction in the football sportswear market, and is expected to grow at the highest CAGR during the forecast period. Emerging economies such as India and China have gained significant popularity for football events and participation in football sports is gradually increasing.
The players operating in the football sportswear market have adopted product launch and business expansion as their key developmental strategies to expand their market share, increase profitability, and remain competitive in the market and gain football sportswear market opportunities. The key players profiled in this report include 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.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ข๐ง๐ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ซ๐จ๐ฌ๐ฉ๐๐๐ญ๐ฌ ๐๐ง๐ ๐๐๐ฆ๐๐ง๐ ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐ ๐จ๐จ๐ญ๐๐๐ฅ๐ฅ ๐๐ฉ๐จ๐ซ๐ญ๐ฌ๐ฐ๐๐๐ซ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:
๐๐ฅ๐จ๐๐๐ฅ ๐๐ฉ๐จ๐ซ๐ญ๐ข๐ง๐ ๐๐ฏ๐๐ง๐ญ๐ฌ: Major football tournaments such as the FIFA World Cup, UEFA European Championship, Copa America, and domestic leagues like the English Premier League, La Liga, and Bundesliga significantly impact the demand for football sportswear. These events not only drive merchandise sales but also influence fashion trends and brand visibility.
๐๐ฆ๐๐ซ๐ ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ๐ฌ: Growth in football's popularity in regions like Asia, Africa, and North America presents significant opportunities for the sportswear industry. Rising disposable incomes, urbanization, and increased access to media have fueled demand for football apparel and equipment in these markets.
๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐๐๐ฅ ๐๐๐ฏ๐๐ง๐๐๐ฆ๐๐ง๐ญ๐ฌ: Innovation in fabric technology, design, and manufacturing processes is reshaping the football sportswear landscape. High-performance materials that enhance comfort, durability, and moisture-wicking properties are increasingly sought after by athletes and consumers alike.
๐๐ฎ๐ฌ๐ญ๐๐ข๐ง๐๐๐ข๐ฅ๐ข๐ญ๐ฒ ๐๐ง๐ ๐๐ญ๐ก๐ข๐๐๐ฅ ๐๐ซ๐๐๐ญ๐ข๐๐๐ฌ: There's a growing emphasis on sustainability and ethical sourcing across the sportswear industry, driven by consumer awareness and regulatory pressures. Brands that prioritize eco-friendly materials, fair labor practices, and supply chain transparency are likely to gain a competitive edge.
๐๐จ๐ฅ๐ฅ๐๐๐จ๐ซ๐๐ญ๐ข๐จ๐ง๐ฌ ๐๐ง๐ ๐๐ง๐๐จ๐ซ๐ฌ๐๐ฆ๐๐ง๐ญ๐ฌ: Partnerships between sportswear brands, football clubs, and individual players play a crucial role in driving demand. Endorsements by popular athletes and influencers help boost brand visibility and consumer trust, driving sales both online and offline.
๐-๐๐จ๐ฆ๐ฆ๐๐ซ๐๐ ๐๐ง๐ ๐๐ข๐ ๐ข๐ญ๐๐ฅ ๐๐๐ซ๐ค๐๐ญ๐ข๐ง๐ : The proliferation of e-commerce platforms and digital marketing channels has transformed how football sportswear is marketed and sold. Brands are investing in online storefronts, social media campaigns, and influencer partnerships to engage with consumers and drive sales.
๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง ๐๐ง๐ ๐๐๐ซ๐ฌ๐จ๐ง๐๐ฅ๐ข๐ณ๐๐ญ๐ข๐จ๐ง: Consumer preferences for personalized products are on the rise, driven by advancements in customization technology. Brands offering customization options for football jerseys, footwear, and accessories can capitalize on this trend and enhance customer loyalty.
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Growth in fan base for football sports and growth in disposable income and desire to have football jerseys majorly influences sales of football sportswear. Europe dominates the football sportswear market after North America, which attributed to huge fan following and their massive participation in football sports. Football has a tremendous following in Europe, with 131 million fans in Spain, Italy, Germany, the UK, and France and more than half (52%) of people in Russia.
๐๐๐ฒ ๐๐๐ง๐๐๐ข๐ญ๐ฌ ๐ ๐จ๐ซ ๐๐ญ๐๐ค๐๐ก๐จ๐ฅ๐๐๐ซ๐ฌ:
โ The report provides a quantitative analysis of the current market trends, estimations, and dynamics of the market size from 2019 to 2027 to identify the prevailing opportunities.
โ Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier-buyer network.
โ In-depth analysis and the market size and segmentation assist to determine the prevailing football sportswear market opportunities.
โ The major countries in each region are mapped according to their revenue contribution to the market.
โ The market player positioning segment facilitates benchmarking and provides a clear understanding of the present position of the market players in the football sportswear industry.
๐๐๐๐ฌ๐จ๐ง๐ฌ ๐ญ๐จ ๐๐ฎ๐ฒ ๐ ๐จ๐จ๐ญ๐๐๐ฅ๐ฅ ๐๐ฉ๐จ๐ซ๐ญ๐ฌ๐ฐ๐๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ:
โข Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the global Football Sportswear Market.
โข Highlights key business priorities in order to guide the companies to reform their business strategies and establish themselves in the wide geography.
โข The key findings and recommendations highlight crucial progressive industry trends in the Football Sportswear Market, thereby allowing players to develop effective long-term strategies in order to garner their market revenue.
โข Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
โข Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those restraining the growth to a certain extent.
โข Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.
๐๐๐๐ ๐๐จ๐ซ๐ ๐๐ซ๐๐ง๐๐ข๐ง๐ "๐๐๐ ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
โ Football Market Growing At A CAGR Of 18.3% From 2021-2027
https://www.alliedmarketresearch.com/football-market-A11328
โ Sports Equipment and Accessories Market Business Opportunities 2027
https://www.alliedmarketresearch.com/sports-equipment-and-accessories-market
โ Sports Events Market Current Scenario, Changing Dynamics, and Competitive Landscape
https://www.alliedmarketresearch.com/sports-events-market-A16874
โ Sports Training Market Share, Size, Forecasts, and Analysis 2022 to 2031
https://www.alliedmarketresearch.com/sports-training-market-A16942
โ Reflective Sportswear Market by Manufacturer, Region, Type and Application Forecast to 2027
https://www.alliedmarketresearch.com/reflective-sportswear-market-A07658
โ Smart Sports Equipment Market registering a CAGR of 7.9% from 2019 to 2026
https://www.alliedmarketresearch.com/smart-sports-equipment-market
โ Asia-Pacific Athletic Sportswear and Footwear Market
https://www.alliedmarketresearch.com/asia-pacific-athletic-sportswear-and-footwear-market-A09922
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