Global Football Equipment Market 2017-2021
About Football Equipment
Football equipment is the gear used by beginners and professional footballers for their safety and better comfort. It is used in training and practice sessions. Football equipment includes football shoes, footballs, football protective equipment, and other football equipment.
Technavio’s analysts forecast the global football equipment market to grow at a CAGR of 2.87% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global football equipment market for 2017-2021. To calculate the market size, the report considers the sales, volume, value and exclude new installations, shipments, retrofit, replacement, spares, aftermarket, and services market.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Football Equipment Market 2017-2021
Technavio recognizes the following companies as the key players in the global football equipment market: adidas Group, Nike, Kering, Lotto Sport, and Under Armour
Other Prominent Vendors in the market are: Amer Sports, ASICS America Corporation, Baden Sports, Columbia Sportswear, Diadora Sport, hummel, BasicNet, Mizuno, and Umbro.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Rise in women's participation rate. The increasing number of women participating in football is driving the demand for football equipment globally. The growing popularity of football among women and health awareness are attracting more women to take up this sport. Another reason to drive women into sports like football is the campaign, This Girl Can, which was launched by Sport England in 2015. This campaign was very successful and viewed by more than 13 million in 2015. Sweating like a pig, feeling like a fox and I kick balls, deal with it are among the hard-hitting lines used in the campaign to encourage women to join sports like football.”
According to the report, one of the major drivers for this market is Rise in development programs. An increasing number of development programs, especially for young kids, is driving the growth of the football equipment market. Grassroots programs are being conducted in schools, clubs, and communities to inculcate the core skills of football in the youth. Such programs are encouraging many youths to take up the sport professionally. Early training is nurturing kids to grow into accomplished football players. FIFA conducted plenty of grassroots programs in regions, such as Africa, Asia, and the Americas, to develop the skills essential for playing football.
Further, the report states that one of the major factors hindering the growth of this market is Perception of protective gear as secondary. Most sports tournaments have mandatory regulations in place regarding the use of protective gear while playing. However, many amateurs, as well as professional players, do not prefer to use protective equipment as they consider such equipment of secondary importance. For instance, in football, only the use of shin guards is mandatory while playing, and there is no specific rule from FIFA to use additional protective equipment in spite of a high risk of injury to the head, elbows, and knees. Players consider wearing protective equipment other than shin guards as unnecessary or secondary as it could slow them down while running. Such perceptions will limit the growth of the market during the forecast period.
adidas Group, Nike, Kering, Lotto Sport, Under Armour, Amer Sports, ASICS America Corporation, Baden Sports, Columbia Sportswear, Diadora Sport, hummel, BasicNet, Mizuno, and Umbro.
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