LAMEA Football Shoes Market Size, Share & Industry Trends Analysis Report By Distribution Channel (Offline and Online), By Product, By Country and Growth Forecast, 2022 - 2028
Special Offering: Industry Insights | Market Trends | Highest number of Tables | 24/7 Analyst Support
Get in-depth analysis of the COVID-19 impact on the LAMEA Football Shoes Market
Market Report Description
The Latin America, Middle East and Africa Football Shoes Market would witness market growth of 7.4% CAGR during the forecast period (2022-2028).
In more modern times, molded soles with specially crafted boots called blades have molded soles facing in various directions, allegedly to maximize grip and minimize ankle injuries. Many players employ personalization to enhance the appearance of their boots and to make themselves more recognizable in the club changing rooms.
Football shoes that are completely personalized with a name, initials, number, or club logo are becoming highly popular. Professional athletes have all added some sort of personalization on their boots, whether it be a flag, their child's name, or just their number. Football shoes can be customized by employing embroidery machines at many different retailers.
Football is increasingly gaining the traction of regional people. The South African Premier Soccer League is the richest league. It claims of having the greatest level of support across the continent. They receive lucrative sponsorships from banks, telecommunications firms, and auto manufacturers. Apart from this, school kids in the region enjoy playing football as an extra-curricular activity in this region. Moreover, the disposable income of the regional population is also rising, which is making them more able to purchase luxury goods for their entertainment. Owing to this, the sales of football shoes in the region is anticipated to majorly expedite.
The Brazil market dominated the LAMEA Football Shoes Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $629.7 million by 2028. The Argentina market is experiencing a CAGR of 8% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 7.2% during (2022 - 2028).
Based on Distribution Channel, the market is segmented into Offline and Online. Based on Product, the market is segmented into Firm Ground, Hard Ground/ Multi Ground, Soft Ground, Artificial Ground, Turf Football, and Indoor Football. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Football Shoes Market is Predict to reach $24.5 Billion by 2028, at a CAGR of 5.4%
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.
Scope of the Study
Market Segments Covered in the Report:
By Distribution Channel
- Firm Ground
- Hard Ground/ Multi Ground
- Soft Ground
- Artificial Ground
- Turf Football
- Indoor Football
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Adidas AG
- Nike, Inc.
- Puma SE
- Under Armour, Inc.
- Mizuno Corporation
- Lotto Sport Italia Spa
- New Balance Athletics, Inc.
- ASICS Corporation
Unique Offerings from KBV Research
- Exhaustive coverage
- The highest number of Market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free