Football Equipment Market to Witness Heightened Revenue Growth in the Next Decade


Posted February 21, 2023 by Ajaykumarpmr

Football Equipment Market to Witness Heightened Revenue Growth in the Next Decade
 
Football Equipment Market Size and Growth: (2023 to 2033)

According to a new study by Persistence Market Research, the global football equipment market generated a revenue of US$ 16.43 billion in 2022. Worldwide demand for football equipment is set to increase at a CAGRof 3.5% and reach a market valuation of US$ 23.78 billion by the end of 2033.The increasing popularity of football as a sport and the rising number of tournaments and leagues worldwide are driving the growth of the market.

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Segmentation of Football Equipment Industry Research

Product Type:

Football Shoes
Football Jerseys
Shorts
Shins
Socks
Cleats
Soccer Balls
End User:

Men
Women
Kids
Sales Channel:

Online
Offline
Specialty Stores
Sports Shops
Departmental Stores
Discounted Stores
Hypermarkets/Supermarket
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Regional Analysis:

The football equipment market is geographically divided into North America, Europe, Asia Pacific, Middle East and Africa, and South America. Europe holds the largest share of the market due to the high popularity of football in the region. North America and Asia Pacific are also significant markets due to the growing popularity of football in these regions.

Key Players:

The football equipment market is highly competitive, with many global and regional players. Some of the key players in the market include

Adidas AG
Nike Inc.
Under Armour, Inc.
New Balance, Inc
ASICS Corporation
MIZUNO Corporation
Lotto SpA
New Balance Inc.
Hummel
BasicNet
PUMA SE
Baden Sports Inc.
Diadora Spa
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Conclusion:

The football equipment market is a significant and growing industry, with a wide range of products and accessories available for players of all levels. The increasing popularity of football as a sport and the rising number of tournaments and leagues worldwide are driving the growth of the market. The market is highly competitive, with many global and regional players, and is expected to grow at a CAGRof 3.5% from 2023 to 2033.

About us:

The Consumer Goods team at Persistence Market Research helps clients from all over the globe with their unique business intelligence needs by offering expert analysis, actionable insights, and strategic recommendations. With a repertoire of over 1,000 reports and 1 million+ data points, the team has analyzed the consumer goods industry lucidly in 50+ countries for over a decade. We provide end-to-end research and consulting services; reach out to explore how we can help.

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Last Updated February 21, 2023