“Global Football Sportswear Market to reach a market value of 136.4 Billion by 2031 growing at a CAGR of 5.1%”
The Global Football Sportswear Market size is expected to reach $136.4 Billion by 2031, rising at a market growth of 5.1% CAGR during the forecast period.
Football is deeply ingrained in European culture and has a long-standing tradition. The sport is immensely popular at both professional and amateur levels, which drives high demand for football sportswear. Europe’s football clubs and national teams have historically been successful in international tournaments, such as the UEFA Champions League and the UEFA European Championship. This success generates a strong fan base and a high demand for official team merchandise and sportswear. Thus, the Europe region acquired 44% revenue share in the market 2023.
Major football tournaments like the FIFA World Cup and UEFA Champions League and domestic leagues like La Liga and English Premier League attracts significant viewership. Fans often express their support for teams and players by purchasing official merchandise, including jerseys, shorts, socks, and other football-related apparel.
Moreover, these digital collections can be used as part of e-sports team merchandise or as limited-edition items in virtual leagues. By aligning physical sportswear with virtual collections, brands can tap into the growing digital fashion market and appeal to a tech-savvy audience. Hence, the rising influence of e-sports and virtual football leagues is driving the market's growth.
Volatile raw material prices significantly affect the production costs of football sportswear. Raw materials such as synthetic fabrics, polyester, elastane, and other specialized textiles are integral to manufacturing high-quality sportswear. When prices for these materials rise unpredictably, production costs increase, potentially leading to higher retail prices for consumers. Therefore, fluctuating raw material prices are impeding the growth of the market.
On the basis of end user, the market is segmented into men, women, and children. The men segment recorded 57% revenue share in the market in 2023. Football is immensely popular among men globally, leading to high participation rates at both amateur and professional levels.
By distribution channel, the market is divided into e-commerce, supermarket & hypermarket, brand outlets, and others. The e-commerce segment procured 29% revenue share in the market in 2023. E-commerce platforms allow consumers to shop for football sportswear anytime, anywhere, without the constraints of store hours or physical location.
Based on type, the market is divided into footwear, apparel, and others. In 2023, the footwear segment garnered 55% revenue share in the market. Football boots are critical for enhancing player performance on the field. They are designed to provide traction, support, and comfort, essential for optimal performance.
Free Valuable Insights: Global Football Sportswear Market size to reach USD 136.4 Billion by 2031
Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. In 2023, the North America region generated 22% revenue share in the market. The expansion of Major League Soccer (MLS) in the United States and Canada has elevated the soccer profile in North America.
Report Attribute | Details |
---|---|
Market size value in 2023 | USD 92.5 Billion |
Market size forecast in 2031 | USD 136.4 Billion |
Base Year | 2023 |
Historical Period | 2020 to 2022 |
Forecast Period | 2024 to 2031 |
Revenue Growth Rate | CAGR of 5.1% from 2024 to 2031 |
Number of Pages | 230 |
Number of Tables | 360 |
Report coverage | Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Porter’s 5 Forces Analysis, Company Profiling, Companies Strategic Developments, SWOT Analysis, Winning Imperatives |
Segments covered | Type, Distribution Channel, End User, Region |
Country scope |
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Companies Included | Adidas AG, PUMA SE (Groupe Artémis S.A.), Nike, Inc., New Balance Athletics, Inc., ASICS Corporation, FILA Holdings Corporation, Ralph Lauren Corporation, Columbia Sportswear Company, Lululemon Athletica, Inc. and Under Armour, Inc. |
By Type
By Distribution Channel
By End User
By Geography
This Market size is expected to reach $136.4 Billion by 2031.
High global popularity of football are driving the Market in coming years, however, Fluctuating raw material prices restraints the growth of the Market.
Adidas AG, PUMA SE (Groupe Artémis S.A.), Nike, Inc., New Balance Athletics, Inc., ASICS Corporation, FILA Holdings Corporation, Ralph Lauren Corporation, Columbia Sportswear Company, Lululemon Athletica, Inc. and Under Armour, Inc.
The expected CAGR of this Market is 5.1% from 2024 to 2031.
The Brand Outlets segment is leading the Market by Distribution Channel in 2023; thereby, achieving a market value of $43.7 billion by 2031.
The Europe region dominated the Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $59.5 billion by 2031.
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