PUBLISHER: The Business Research Company | PRODUCT CODE: 1566690
PUBLISHER: The Business Research Company | PRODUCT CODE: 1566690
Football shoes, also known as soccer cleats, are specialized footwear designed for playing football (soccer). They are equipped with studs or cleats on the sole to ensure better traction on grass or artificial turf. The upper part of the shoe is generally made from leather or synthetic materials to enhance durability and ball control. These shoes play a crucial role in improving player performance and minimizing injury risks.
The main types of football shoes include soft ground, firm ground, artificial ground, hard ground or multi-ground, turf football, and indoor football. Soft-ground shoes have longer, widely spaced studs to offer traction and stability on wet, muddy, or soft natural surfaces. Materials used in these shoes can be kangaroo leather, natural leather, synthetic leather, synthetic materials, mesh, and knit. Buyers range from individuals and institutions to promotional clients. Sales channels include independent sports stores, franchised sports outlets, modern trade channels, direct-to-customer brand outlets, online direct-to-customer channels, institutional direct-to-customer channels, and third-party online platforms.
The football shoes market research report is one of a series of new reports from The Business Research Company that provides football shoes market statistics, including football shoes industry global market size, regional shares, competitors with a football shoes market share, detailed football shoes market segments, market trends and opportunities, and any further data you may need to thrive in the football shoes industry. This football shoes market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The football shoes market size has grown strongly in recent years. It will grow from $18.22 billion in 2023 to $19.38 billion in 2024 at a compound annual growth rate (CAGR) of 6.4%. The growth during the historic period can be attributed to several factors, the evolution of football regulations, technological advancements, professional endorsements and sponsorships, and a rise in football participation.
The football shoes market size is expected to see strong growth in the next few years. It will grow to $24.96 billion in 2028 at a compound annual growth rate (CAGR) of 6.5%. The anticipated growth during the forecast period can be attributed to the increasing popularity of football, rising youth sports participation, endorsements and sponsorships, growth in e-commerce, and strong brand loyalty and reputation. Key trends expected to shape this period include a focus on sustainability and eco-friendly materials, customization and personalization of products, the influence of sports celebrities and sponsorships, regional market expansion, and innovative marketing strategies.
The growth of the football shoes market is expected to be driven by the increasing popularity of football. Football's global appeal, simplicity, and the excitement surrounding international tournaments contribute to its rising popularity. Football shoes are crucial for enhancing player performance and agility, thanks to their specialized design and traction. For example, Football Australia, an Australia-based governing body for football, reported in January 2022 that total football participation surged by 20% in 2021, reaching 1,421,804 from 1,181,931 in 2020. Additionally, outdoor football participation increased by 77,107 participants, or 16%, from 2020 to 2021. This growing popularity of football is driving the expansion of the football shoes market.
Leading companies in the football shoes market are focusing on developing innovative footwear, such as lightweight football shoes, to maintain their market position. These shoes are designed to improve a player's speed, agility, and performance by reducing the overall weight of the footwear. For instance, Nike Inc., a US-based footwear company, launched the Tiempo Legend 10 in July 2024. This new football boot features a material called FlyTouch Plus, which offers a soft, lightweight, and durable synthetic leather to improve ball control and touch. The Tiempo Legend 10 is the lightest version of the Tiempo yet and has 55 percent less water retention than previous models, allowing it to conform to the athlete's foot over time, regardless of weather conditions. The boot is available in various colorways, including options from the Nike United Pack, which highlights a new era for women's football with gradient sunrise tones.
In November 2023, Bugatti Automobiles S.A.S., a France-based automobile company, collaborated with Adidas AG to create a limited-edition football boot named the Adidas X Crazyfast Bugatti. This collaboration merges Bugatti's high-performance engineering with Adidas' expertise in sportswear technology, resulting in a football boot that excels in both design and functionality. Adidas AG, a Germany-based company, is known for its football shoes.
Major companies operating in the football shoes market are Nike Inc., Adidas AG, Puma SE, Under Armour Inc., Patrick Corporation Inc., New Balance Athletics Inc., Asics, Reebok International Ltd., Mizuno USA, Le Coq Sportif, Hummel, Joma, Warrior Sports, Diadora, Umbro, Lotto, Sondico, Pantofola d'Oro, Mitre Sports International Ltd., Golar, Topper, Kappa, Zebra, Ryal, Zeus
Europe was the largest region in the football shoes market in 2023. Middle East and Africa is expected to be the fastest-growing region in the forecast period. The regions covered in the football shoes market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the football shoes market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The football shoes market consists of sales of lightweight shoes, customizable shoes, and lifestyle shoes. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Football Shoes Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on football shoes market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for football shoes ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The football shoes market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.