Global Football Equipment Market Worldwide Industry Analysis, Future Demand and Forecast till 2028

The football equipment market is anticipated to grow at a CAGR of 3.8% during the forecast period (2022-2028). Football is the most popular sport across the globe, and it appeals to people of all ages. It is quite popular in schools, and students are encouraged to participate in sports since it helps them grow physically and offers them a break from their schoolwork. Due to the sheer growing popularity of sports activities as a result of health and wellness trends, the growing impact of social media, celebrity endorsement, and the increase in the number of international sports events, consumers are becoming more interested in different types of sports. Government measures to encourage participation in outdoor sports, such as football, are expanding due to rising interest and participation rates. One of the key causes driving global football equipment sales is the increase in the number of grassroots programs in schools, universities, and clubs.

The global football equipment market is segmented based on the product type and distribution channel. Based on the product type, the market is sub-segmented into football shoes, footballs, protective gear, and accessories. Based on the distribution channel, the market is sub-segmented into offline retail stores and online retail stores. Among these segments, the football shoe segment is expected to propel the growth of the market due to the increasing usage and demand for football shoes globally. The players choose to purchase high-quality shoes which improve stability, safety, and traction on the playing field.

The major market players in the global football equipment market are Adidas AG, Nike Inc., Under Armour Inc., Mizuno Corp., Lotto SpA, New Balance Inc., ASICS Corp., Hummel, BasicNet, Puma SE, among others. The market players are also contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, to stay competitive in the market. For instance, in September 2021, ASICS released the ASICS Ultrezza AI football boots, which are indisputably one of the most comfortable boots on the market, with FUZEGEL from their running line added to offer that additional step in comfort when jogging. For instance, in September 2021, the PUMA Ultra 1.2 is one of the greatest speed boots on the market, according to PUMA. With a weight of 165g, the Puma Ultra 1.2 restarted the ultralight speed boot competition, becoming the lightest mass-production speed boot on the market at the time.

Market Coverage

• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
  • By Product Type
  • By Distribution Channel
• Regions Covered-
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
• Competitive Landscape- Adidas AG, Nike Inc., Under Armour Inc., Mizuno Corp., Lotto SpA, New Balance Inc., ASICS Corp., Hummel, BasicNet, Puma SE, among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
  • Deviation from the pre-COVID-19 forecast
  • Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Football Equipment Market Report by Segment

By Product Type

• Football Shoes
• Footballs
• Protective Gear
• Accessories

By Distribution Channel

• Offline
• Online