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Global Football Market Research Report 2023-2028:
According to the latest report by IMARC Group, titled " Football Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028 ," the global football market size reached US$ 3.2 Billion in 2022.
Football is an oval, inflated ball with air used to play a popular sport involving two teams of 11 players. It is a specialized sports equipment made of synthetic leather, such as polyvinyl chloride (PVC) and polyurethane (PU). Footballs are hand-stitched, thermally bonded, and machine stitched to offer durability and enhanced participation comfort, accuracy, speed, and control.
Some health attributes of playing football include improved heart health, blood pressure, muscle mass, and bone strength, reduced body fat, and boosted strength, stamina, and speed. Currently, manufacturers are introducing premium footballs with higher water resistance and air retention properties than training balls.
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The rising health consciousness, influenced by the increasing prevalence of lifestyle-based diseases, is creating a positive outlook for the market. Engaging in outdoor sports activities, such as football, enhances aerobic capacity and cardiovascular health, promotes bone strength, and builds flexibility and endurance. In line with this, the increasing participation of individuals in professional association football tournaments and leagues is also favoring the market growth. Apart from this, the introduction of high-quality stitching and durable footballs that promote easy handling, passing, and shooting of footballs are providing an impetus to the market growth.
Additionally, the launch of customized footballs embedded with smart light-emitting diode (LED) lights that enhance the product’s aesthetic appeal is positively influencing the market growth. Other factors, including rising expenditure capacities of consumers, significant infrastructure development of existing stadiums, parks, and clubs, and easy product availability across e-commerce platforms, are anticipated to drive the market toward growth.
Looking forward, IMARC Group expects the market to reach US$ 4.0 Billion by 2028, exhibiting at a CAGR of 4% during 2023-2028.
View Report TOC, Figures and Tables: https://www.imarcgroup.com/football-market
Key Market Segmentation
The research report includes the following segments:
Breakup by Type:
• Training Football
• Match Football
• Others
Breakup by Size:
• Size 1
• Size 2 • Size 3 • Size 4
• Size 5
Breakup by Distribution Channel:
• Online
• Offline
Breakup by Region:
• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa
Competitive Landscape with 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)
1. What was the size of the global football market in 2022?
2. What is the expected growth rate of the global football market during 2023-2028?
3. What are the key factors driving the global football market?
4. What has been the impact of COVID-19 on the global football market?
5. What is the breakup of the global football market based on the type?
6. What is the breakup of the global football market based on the distribution channel?
7. What are the key regions in the global football market?
8. Who are the key players/companies in the global football market?
Click here to visit the complete table of content with list of figures and tables: https://www.imarcgroup.com/football-market/toc
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