Press release
Football Market Size To Hit US$ 4.0 Billion by 2028 | Growth Rate (CAGR) of 4%
Football Market Report 2023
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 represents sports equipment manufactured from synthetic leather material, such as polyvinyl chloride (PVC) and polyurethane, and stitched around and inflated butyl rubber bladder. It can also be produced by utilizing a durable body, high-quality stitching, and several specialized features for effortless passing, handling, and shooting. Football is generally integrated with advanced functionalities for excellent performance, speed, accuracy, and control during professional tournaments. It is required to be deflated adequately before playing to maintain its quality and efficiency. Football should be cleaned with synthetic leather cleansers and gentle soaps. It offers high air retention and water resistance.
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Football Market Trends and Growth:
The growing consumer awareness towards the various associated benefits of staying active and engaging in games to lose weight, maintain fitness, and increase stamina levels is primarily driving the football market. Additionally, the rising prevalence of chronic lifestyle diseases, such as arthritis, thyroiditis, obesity, etc., is further bolstering the market growth. Besides this, the widespread adoption of football, as it can help to promote bone strength and build flexibility and endurance, is acting as another significant growth-inducing factor. Moreover, the emerging trend of using physical fitness activities as a part of self-care is positively influencing the global market. Apart from this, the inflating popularity of football leagues is also stimulating the market growth. Furthermore, the increasing investments by sports agencies in improving the infrastructures of existing parks, stadiums, and club grounds to encourage the participation of individuals in numerous outdoor games are anticipated to fuel the football market over the forecasted period.
Who are the key players operating in the industry?
• 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).
What is included in market segmentation?
The report has segmented the market into the following categories:
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
Key Highlights of the Report:
• Market Performance
• Market Outlook
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
Also Read:
• https://www.digitaljournal.com/pr/news/duty-free-and-travel-retail-market-size-worth-us-58-8-billion-by-2028-top-companies-industry-report
• https://www.digitaljournal.com/pr/news/luxury-fashion-market-report-2023-2028-size-us-294-7-bn-growth-3-60-top-brands-analysis
• https://www.digitaljournal.com/pr/news/farm-equipment-rental-market-size-worth-us-72-9-billion-by-2028-leading-players-industry-analysis-top-driving-factors-and-report
• https://www.digitaljournal.com/pr/news/open-source-intelligence-osint-market-size-to-grow-20-34-by-2028-top-companies-industry-analysis
• https://www.digitaljournal.com/pr/news/electronic-invoicing-market-size-in-europe-estimated-to-grow-21-37-by-2027-imarc-group
• https://www.digitaljournal.com/pr/news/wall-covering-market-size-industry-analysis-2023-28-top-companies-asian-paints-ltd-brewster-home-fashion
Contact US
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Email: sales@imarcgroup.com
Follow us on Twitter: @imarcglobal
LinkedIn: https://www.linkedin.com/company/imarc-group/mycompany/
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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