Football Market 2024 | Growth, Share, Demand and Forecast Till 2032

Comments · 105 Views

The global football market size reached US$ 3.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 4.6 Billion by 2032, exhibiting a growth rate (CAGR) of 3.6% during 2024-2032.

Global Football Market Statistics: USD 4.6 Billion Value by 2032

Summary:

  • The global football market size reached USD 3.3 Billion in 2023.
  • The market is expected to reach USD 4.6 Billion by 2032, exhibiting a growth rate (CAGR) of 3.6% during 2024-2032.
  • Europe leads the market, accounting for the largest football market share.
  • On the basis of the size, the market has been divided into size 1, size 2, size 3, size 4, and size 5.  
  • Offline accounted for the largest market share due to the wide availability of football under one roof.   
  • The escalating demand for footballs due to improving stadiums across the globe is contributing to the growth of the market.
  • The growing focus on football on account of the rising social media influence on people is offering a positive market outlook.

Industry Trends and Drivers:

  • Improving Stadiums:

The escalating demand for footballs due to improving stadiums across the globe is contributing to the growth of the market. In addition, clubs are focusing on renovating and building modern stadiums with advanced facilities to attract more fans. This is leading to higher attendance and increased revenue from ticket sales. Apart from this, the rising development of eco-friendly and sustainable stadiums is impelling the market growth. Furthermore, increasing environmental concerns among the masses worldwide are propelling the growth of the market.  

  • Rising Social Media Influence:

The growing focus on football on account of the rising social media influence on people is offering a positive market outlook. In line with this, online streaming platforms, social media, and official websites provide fans with instant access to highlights, interviews, and behind-the-scenes content, which is supporting the market growth. Moreover, this digital presence not only enhances fan engagement but also creates new revenue streams through advertising and subscription models. Besides this, clubs and organizations are increasingly leveraging these platforms to reach a wider audience and connect with fans on a personal level.

  • Sponsorships and Partnerships:

Sponsorships and partnerships are a vital revenue model for football clubs and organizations. In addition, football clubs, especially those with international recognition, often secure several sponsorship deals with companies from various industries. Furthermore, sponsorships allow brands to display their logos on jerseys, stadiums, and other promotional materials. Besides this, sponsorships extend to player endorsements, where star athletes become brand ambassadors. These sponsorships and partnerships enable clubs to invest in player recruitment, facilities, and community initiatives, thereby strengthening their position in the football ecosystem.

Request for a sample copy of this report: https://www.imarcgroup.com/football-market/requestsample

Football Market Report Segmentation:

By Type:

  • Training Football
  • Match Football
  • Others

Training football represented the largest segment as it is versatile and is designed for general practice sessions.

By Size:

  • Size 1
  • Size 2
  • Size 3
  • Size 4
  • Size 5

On the basis of the size, the market has been divided into size 1, size 2, size 3, size 4, and size 5.  

By Distribution Channel:

Football Market Segments by Distribution Channel

  • Online 
  • Offline

Offline accounted for the largest market share due to the wide availability of football under one roof.   

Regional Insights:

  • 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

Europe enjoys the leading position in the football market on account of the increasing number of football events. 

Top Football Market Leaders:

The Football market research report outlines a detailed analysis of the competitive landscape, offering in-depth profiles of major companies. Some of the key players in the market are:

Football Market Key Players

 

 

  • 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)

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

About Us

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

Contact US

IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: [email protected]
Tel No:(D) +91 120 433 0800
United States: +1–631–791–1145 | United Kingdom: +44–753–713–2163

Comments