Football Market Size, Share, Trends, Growth and Forecast 2032

Football Industry Prospective:

The global football market size was evaluated at $3300 million in 2023 and is slated to hit $5300 million by the end of 2032 with a CAGR of nearly 5.41% between 2024 and 2032.

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Football Market: Overview

Football is a popular sport played across a large number of countries. An increase in football events at international as well as national levels has increased the demand for players of different countries to play in various football clubs globally. Apart from this, the rise in the popularity and craze of football among kids due to the FIFA World Cup has forced product manufacturers to improve the quality and features of football. Hence, footballs are available with new features such as high-quality stitching as well as a strong body.

These special qualities of football encourage ease of handling, accurate passing, and shooting of football towards the goalposts. In addition to this, football enthusiasts, fans, and football players also play a key role in the promotion of football events held across the globe.

Key Insights

• As per the analysis shared by our research analyst, the global football market is projected to expand annually at the annual growth rate of around 5.41% over the forecast timespan (2024-2032).
• In terms of revenue, the global football market size was evaluated at nearly $3300 million in 2023 and is expected to reach $5300 million by 2032.
• The global football market is anticipated to grow rapidly over the forecast timeline owing to the surging popularity of football events with large-scale participation of players in football leagues.
• In terms of product type, the training ball segment is slated to register the highest CAGR over the forecast period.
• Based on distribution channel, the offline segment is expected to dominate the global football market share in terms of revenue in the forecasting years.
• Based on manufacturing process, the machine stitched segment is predicted to lead the segmental space in the upcoming years.
• Region-wise, the North American football industry is projected to register the fastest CAGR during the projected timespan.

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Football Market: Growth Factors

A surge in access to strong infrastructure is likely to embellish the global market expansion by 2032

A rise in the availability of strong football infrastructure facilities is anticipated to steer the growth of the global football market. The surging popularity of football events owing to the large-scale participation of players in football leagues is projected to aid the growth of the market globally. With high retention ability and water resistance, there is an escalating demand for football globally in the coming years. The surging allocation of funds by sports agencies for improving the infrastructure of current football stadiums will proliferate the size of the football market globally. 

A surge in the number of football parks and football club grounds across the globe will embellish the expansion of the market globally. An increase in individual participation in outdoor games will prompt global market trends. New product launches will steer the expansion of the market globally. For instance, Rihanna and PUMA, a key sports firm, introduced a new product franchise jointly. The new product franchise is referred to as AVANTI. The move will further boost the football game globally.  

Football Market: Restraints

Large-scale raw material prices to hinder the growth of the industry globally over 2024-2032

The high cost of raw materials used for manufacturing football is anticipated to impede the expansion of the football industry. A rise in the import & export costs of products can put brakes on the global industry expansion.

Football Market: Opportunities

Improving product quality to create new growth avenues for the global market by 2032

Improvement in the product quality and influence of social media on sports activities is projected to open new growth avenues for the global football market.

Football Market: Challenges

Rise in the number of individuals playing online sports on smartphones & tablets to challenge the growth of the industry globally

The growing popularity of online gaming among the youth population has restrained the participation of players in physical sports events such as football, thereby creating a huge challenge for the global football industry. Cancellation of sports events results in a loss of revenue for the organizers, thereby posing a huge threat to the growth of the global industry.

Football Market: Segmentation

The global football market is sectored into product type, manufacturing process, distribution channel, and region.                                         

In product type terms, the football market across the globe is segregated into training ball and match ball segments. Furthermore, the training ball segment, which acquired nearly 45% of the global market earnings in 2023, is projected to record the highest gains in the coming eight years. The progress of the segment from 2024 to 2032 can be attributed to beneficial product features such as robustness and ability to be used on surfaces such as concrete as well as grass.

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Based on the manufacturing process, the global football industry is sectored into hand stitched, thermally bonded, and machine stitched segments. Additionally, the machine stitched segment, which gathered a lucrative share of the global industry in 2023, is predicted to lead the segmental growth in the coming eight years. The segmental growth from 2024 to 2032 can be subject to accuracy and robustness witnessed in footballs manufactured through machine stitched methods.

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Based on the distribution channel, the global football market is divided into online and offline sectors. Additionally, the offline segment, which led global market growth in 2023, is projected to dominate the global market earnings during the period from 2024 to 2032. The expansion of the segment in the coming eight years can be subject to a growing trend among buyers for physically verifying the product before purchasing the product.

Football Market: Report Scope

Football Market: Regional Insights

Europe is predicted to maintain the dominant position in the global football market in the coming eight years

Europe, which contributed about 59% of the global football market revenue in 2023, will be a leading region in the coming eight years. In addition to this, the regional market expansion over the forecast timeframe can be credited to a surging demand for football among individuals belonging to different age groups. A rise in the number of individuals in football clubs leading to a surge in the revenue of these football clubs will proliferate the size of the market in Europe. The presence of more than 1000 football clubs in nearly 30 countries of Europe will drive the growth of the market in the continent. An increase in women's football clubs has further contributed to the growth of the market in Europe. Some of the reputed football clubs in Europe include Real Madrid, Manchester United, Bayern Munich, Barcelona, and Liverpool.

North American football industry is anticipated to register the fastest CAGR in the forecast timeline. The expansion of the industry in the region can be due to the rise in the number of sports enthusiasts in countries such as the U.S. Apart from this, the presence of reputed players in Argentina, Uruguay, Brazil, and Mexico has increased the popularity of the sports in the North American sub-continent, thereby providing impetus to the expansion of the industry in the region.

Key Developments

• In the second half of 2022, Nike, Inc., a U.S.-based athletic footwear & apparel firm, introduced a new premier league football for 2022-2023.   The move is likely to spearhead the expansion of the market globally.
• In the first half of 2022, PUMA, a leading firm manufacturing high-quality footballs, and Lega Serie joined hands for introducing a new match ball.

Football Market: Competitive Space

The global football market profiles key players such as:

• Adidas AG
• Decathlon Sports India Private Limited
• Franklin Sports Inc.
• Nivia Sports
• Formative Sport
• Nike Inc.
• Puma SE
• UMBRO
• Select Sport A/S
• Wilson Sporting Goods Company

The global football market is segmented as follows:

By Product Type

• Training Ball
• Match Ball

By Manufacturing Process

• Hand Stitched
• Thermally Bonded
• Machine Stitched

By Distribution Channel

• Online
• Offline

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France 
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa