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The Global Football Shoes Market size is expected to reach $24.5 billion by 2028, rising at a market growth of 5.4% CAGR during the forecast period.
Football shoes are the type of footwear used when playing association football. These shoes are also called cleats or soccer shoes. Football shoes are made for grass fields and comprised of studs on the soles for better grip. Football shoes have gone a long way from their modest and unassuming beginnings, and currently, they are the focus of extensive research, development, sponsorship, and marketing at the center of a multinational worldwide industry.
For a very long period, the basic style and appearance of modern shoes have converged with that of sneakers, rendering them no longer truly shoes in the sense that they do not cover the ankle. In addition to association football, they are frequently worn for rugby union and rugby league by players in particular positions instead of specialized rugby shoes. For other team sports played on grass fields, such as hurling, Lacrosse, shinty, quiddich, and even tug of war, football boots are frequently used.
Cleats for soccer are a critical component of a player's football kit. They are made to grip the ground and offer friction on the pitch to prevent slipping and sliding. Rubber, synthetic materials like nylon and polyurethane, leather, and other materials are all used to make soccer cleats. Kangaroo leather is the most widely used material for soccer cleats. A form of leather called kangaroo leather is created from the kangaroo's skin. It is very strong and has a distinctive texture. Soccer players who have to be agile on the ground would appreciate how breathable and light it is. Because they are more durable and less expensive, some players prefer leather, while others prefer synthetic or plastic materials.
The pandemic significantly impacted the worldwide economy in every aspect. Several businesses all over the world were devastated during the outbreak of the COVID-19 pandemic. Moreover, the lockdown imposed by the government also played a major role in limiting the growth of various industries. Due to the industrial shutdown, various manufacturing facilities, including football shoe factories, were closed. In addition, the Covid-19 outbreak had a negative impact on the football shoes market as a whole. Lockdowns and other limitations brought on by the Covid-19 outbreak had an impact on logistics, the manufacturing industry, and supply chain operations. Additionally, the market experienced a negative impact on the demand side.
Football is a fantastic workout since it incorporates the endurance, strength training, and cardio. In addition, playing football can be a great alternative to gym and exercise classes. Football classes can be a significant benefit for a player in the path of obtaining physical as well as mental health. Football can be an excellent method to channel stress and tension into a more useful outlet to tackle anxiety. Football players are kept calm by the adrenaline that comes with the sport, which has been found to lessen the effects of daily pressure on the brain. Moreover, football players have lower levels of anxiety and depressive symptoms as well as lower rates of aggressive behavior off the field.
The concept of income as it is typically understood in economics as most closely resembled by disposable income. Revenue that is available to households, such as earnings and salaries, income through self-employment and unincorporated businesses, income from pensions as well as other social benefits, and income from investments, is referred as disposable income. Households have more income to either save or spend as their disposable income rises, which ultimately results in an increase in consumption. One of the most significant factors increasing the demand is the rising disposable income of people all over the world.
The most popular sport in the world and the one that brings in the most revenue is soccer. It is a sport whose intensity and commitment levels have increased significantly, and whose intrinsic risk of injury, which is not immediately due to an interaction with the environment, is particularly high. In this situation, the prominence of the cleated shoe in soccer gear may contribute significantly to the risk of injury. The evolution of soccer shoes is more complex since they differ greatly from other modern shoes made for sports like jogging, tennis, and basketball in terms of design and mechanical construction. The primary piece of soccer equipment, the cleated shoe, acts as a point of contact between the player and the field, making it essential for preventing injuries.
Based on the Product, the Football Shoes Market is segregated into Soft Ground, Firm Ground, Artificial Ground, Hard Ground/Multi Ground, Turf Football, and Indoor Football. In 2021, the hard ground/multi-ground segment garnered a significant revenue share of the football shoes market. Early pre-season football games are a better fit for hard ground/multi-ground footwear. The studs or cleats on these shoes are made to penetrate the ground, making them best suited for hard surfaces in the summer. These shoes offer players greater comfort and enable even weight distribution, which reduces the likelihood of them slipping or twisting.
On the basis of Distribution Channel, the Football Shoes Market is bifurcated into Online and Offline. In 2021, an offline segment procured the biggest revenue share of the football shoes market. Shopping centers, department stores, local sports shops, etc. make up the offline market. The rising growth of this segment is attributed to the shift in consumers' purchasing behaviors. Compared to their online equivalents, consumers believe that brick-and-mortar stores are a more reliable and authentic source for shopping. Additionally, a product's trial is crucial when choosing the best option when purchasing football shoes.
|Market size value in 2021
|USD 17.1 Billion
|Market size forecast in 2028
|USD 24.5 Billion
|2018 to 2020
|2022 to 2028
|Revenue Growth Rate
|CAGR of 5.4% from 2022 to 2028
|Number of Pages
|Number of Tables
|Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Companies Strategic Developments, Company Profiling
|Product, Distribution Channel, Region
|US, Canada, Mexico, Germany, UK, France, Russia, Spain, Italy, China, Japan, India, South Korea, Singapore, Malaysia, Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria
Region-Wise, the Football Shoes Market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. In 2021, Europe witnessed the highest revenue share of the football shoes market. This segment is witnessing constant growth due to a rise in consumer expenditure on football-related goods, such as football shoes, in European nations and the popularity of the sport of football there. Football, which is among the top 5 sports in popularity across Europe, is one of the most mainstream sports in nations like Germany, Bulgaria, France, Poland, Romania, and Italy.
Free Valuable Insights: Global Football Shoes Market size to reach USD 24.5 Billion by 2028
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Adidas AG, Nike, Inc., Puma SE, Under Armour, Inc., Mizuno Corporation, Lotto Sport Italia Spa, New Balance Athletics, Inc., and ASICS Corporation.
By Distribution Channel
The global Football Shoes Market size is expected to reach $24.5 billion by 2028.
Rising Trend Of Playing Football All Over The World are driving the market in coming years, however, Risk Of Injury restraints the growth of the market.
Adidas AG, Nike, Inc., Puma SE, Under Armour, Inc., Mizuno Corporation, Lotto Sport Italia Spa, New Balance Athletics, Inc., and ASICS Corporation.
The expected CAGR of the Football Shoes Market is 5.4% from 2022 to 2028.
The Offline segment acquired maximum revenue share in the Global Football Shoes Market by Distribution Channel in 2021 thereby, achieving a market value of $17.8 billion by 2028.
The Europe market dominated the Global Football Shoes Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $8.3 billion by 2028.
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