Global Football Shoes Market Research 2024, Forecast To 2033
11 Sep, 2024
The football shoes market has grown strongly in recent years, with its size increasing from $18.22 billion in 2023 to $19.38 billion in 2024, reflecting a compound annual growth rate (CAGR) of 6.4%. This historical growth is attributed to evolving football regulations, professional endorsements and sponsorships, technological advancements, and increasing participation in football. The market is expected to continue its strong growth, reaching $24.96 billion by 2028 at a CAGR of 6.5%. The forecasted growth is driven by factors including the growing popularity of football, increased youth sports participation, ongoing endorsements and sponsorships, growth in e-commerce, and strong brand loyalty and reputation. Key trends anticipated for the forecast period include a focus on sustainability and eco-friendly materials, customization and personalization options, influence of sports celebrities and sponsorships, regional market expansion, and innovative marketing strategies.
Global Football Shoes Market Key Driver
The rising popularity of football is expected to propel the growth of the football shoes market going forward. Football's global appeal, simplicity, and the excitement surrounding international tournaments contribute to its increasing popularity. Football shoes are essential for enhancing player performance and agility, making them a crucial component of the game. For example, in January 2022, Football Australia reported a 20% increase in total football participation in 2021, reaching 1,421,804 from 1,181,931 in 2020. Additionally, outdoor football participation grew by 16% from 2020 to 2021. This rising popularity of football is driving the demand for football shoes.
Get A Free Sample Of The Football Shoes Market ReportGlobal Football Shoes Market Segments
The football shoes market covered in this report is segmented –
1) By Product: Soft Ground, Firm Ground, Artificial Ground, Hard Ground OR Multi-Ground, Turf Football, Indoor Football
2) By Material Type: Kangaroo Leather (K) Leather, Natural Leather, Synthetic Leather, Synthetic, Mesh, Knit
3) By Buyer Type: Individual, Institutional, Promotional
4) By Sales Channel: Independent Sports Outlet, Franchised Sports Outlet, Modern Trade Channels, Direct To Customer Brand Outlet, Direct To Customer Online Channel, Direct To Customer Institutional Channel, Third Party Online Channel
By Geography:The regions covered in the football shoes market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Europe was the largest region in the football shoes market in 2023. Middle East and Africa is expected to be the fastest-growing region in the forecast period.
Major Football Shoes Industry Players
Nike Inc., Adidas AG, Puma SE, Under Armour Inc., Patrick Corporation Inc., New Balance Athletics Inc., Asics, Reebok International Ltd., Mizuno USA, Le Coq Sportif, Hummel, Joma, Warrior Sports, Diadora, Umbro, Lotto, Sondico, Pantofola d'Oro, Mitre Sports International Ltd., Golar, Topper, Kappa, Zebra, Ryal, Zeus
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Football Shoes Market Overview
Football shoes, also known as soccer cleats, are specialized footwear designed for playing football (soccer). They feature studs or cleats on the sole to provide traction on grass or artificial turf. The upper part is typically made from leather or synthetic materials for durability and ball control. These shoes are essential for enhancing player performance and reducing the risk of injury.
Football Shoes Global Market Report 2023 provides data on the global football shoes market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The football shoes market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.