Global Football Equipment Market Outlook 2024, Forecast To 2033
8 Mar, 2024
Football equipment, valued at $17.4 billion in 2023, rose to $18.4 billion in 2024, marking a 5.8% CAGR. This growth is attributed to the sport's global popularity and safety standards. Expected to reach $22.27 billion by 2028, at a 4.9% CAGR, factors include retail expansion, technological advancements, and eco-friendly designs. Trends encompass smart wearables, sustainable materials, and AR interfaces.
Global Football Equipment Market Key Driver
The football equipment market is experiencing growth propelled by the rising participation rates in sports, particularly in football. In 2021, total football participation in Australia increased by 20% compared to the previous year, indicating a significant rise in interest. This surge in participation underscores the growing demand for football equipment, including gear and apparel, driving the growth of the market. As more individuals engage in sports activities for physical fitness and social interaction, the demand for football equipment is expected to continue its upward trajectory, further fueling market expansion.
Get A Free Sample Of The Global Football Equipment Market ReportGlobal Football Equipment Market Segments
The football equipment market covered in this report is segmented –
1) Type:Football Apparel, Football Shoes, Footballs, Football Protective Equipment, Other Types
2) Material:Leather, Synthetic, Rubber, Other Materials
3) Age Group:Adults, Youths, Kids
4) Distribution Channel:Offline, Online
5) End User:Professional, Recreational
By Geography: The countries covered in the football equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
Europe was the largest region in the football equipment market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the football equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major Football Equipment Industry Players
Nike Inc.; Adidas AG; Kering SA; Puma SE; Under Armour Inc.; Under Armour Inc.; New Balance Inc.; Amer Sports Oy; ASICS Corporation; Columbia Sportswear Company; Mizuno Corporation; BSN Sports LLC; Wilson Sporting Goods Co; Umbro; Riddell Sports Group; BRG Sports Inc.; Xenith LLC; Champro Sports; Baden Sports Inc.; Joma Sport S.A.;Hummel Holding AG; Diadora S.P.A.; Lotto Sport Italia Spa; Douglas Industries Inc.; Krausko LLC; Schutt Sports Group.
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Football Equipment Market Overview
Football equipment refers to the clothing and safety gear worn by football players. This equipment is intended to improve safety, offer comfort, and boost performance during football training and games.