Global Soccer Sportswear Market By Product Type (Apparel, Footwear, Equipment), By End-Users (Individual users (B2C), Teamwear (B2B)), By Purpose (Fan Wear/ Licensed Products, Non-Licensed Products), By Region, and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2019-2028

“Global Soccer Sportswear Market” is the title of an upcoming market report compiled by Market.US. Aside from vital statistics and relevant material, the report will include major developments (both current and future), factors projected to affect market progress, and prospects for potential revenue generation in unoccupied regions/countries.

The associated report will include an in-depth review of sales, market trends, and tactics by major market players, as well as valuable insights and viewpoints into various facets of this sector. This study would also address imminent risks or obstacles posed by established competitors as well as emerging market entrants.

This report will include data, facts, and inputs from both primary and secondary data sources, all of which have been checked and authenticated by industry experts. Additionally, this document will cover imminent threats or challenges from existing contenders, as well as new industry entrants. The global soccer sportswear market will be presented on the basis of product type, purpose, end-user, distribution channel, as well as regions/countries.

The global soccer sportswear market was valued at USD 19,736.7 Мn. in 2020, and is projected to register а САGR of 5.9% by 2030.

Overview:

Soccer, commonly known as Football in most parts of the world, is a competitive sport in which two teams of 11 players compete with each other to score more goals using a spherical ball. This sport is played by approximately 250 million individuals spread across 195 countries, making it the most popular sport in the world.

The game is generally played on a rectangular field made of turf or mud ground that has a goal post at both ends. The objective of the game is to outscore the opposing team by kicking the soccer ball past the goal line of the opposite team, thereby scoring a goal. The team with the most number of goals at the end of a predetermined timeframe (generally 90 minutes) wins the game.

Dynamics:

There has been an increase in expenditures being channeled towards the development of sports training facilities meant for children by governments of numerous countries, owing to increased awareness levels concerning the benefits of engaging in sporting activities. This factor is expected to kick off a new wave of increased demand for products produced by the global soccer sportswear market.

The Union of European Football Associations (UEFA), is significantly investing in this sport, by committing to develop a more effective training program for youngsters by 2024.  Even in India, ‘Mission XI Million, a joint venture between the All-India Football Federation (AIFF) and the Federation International de Football Association (FIFA), aimed at popularizing soccer/football in India. The objective of this program is to actively engage 11 million boys and girls to play the game regularly.

However, there has been a significant increase in the number of fake soccer jerseys being sold or promoted via social media platforms. The quality of counterfeit goods has improved drastically, making them harder to be differentiated from authentic products. This aspect is anticipated to have a negative impact on the revenue growth of this market.

Nonetheless, key acquisitions have become a critical development strategy for major manufacturers in the soccer sports apparel market as a way of increasing profitability and increasing their respective market shares. This factor is expected to create massive business opportunities for these companies in the coming years.

Segmentation of The Global Soccer Sportswear Market is as Follows:

With respect to ‘product type’ market segmentation, the footwear sub-segment accounted for the highest number of revenue shares (49.5%) of the global soccer sportswear market and is anticipated to register a CAGR of 5.4% over the forecast period.

On the basis of ‘end-user’ market segmentation, the teamwear (B2B) sub-segment achieved the highest attractiveness index of 7.9, and this sub-segment is expected to achieve a CAGR of 5.5% by 2030.

With respect to ‘purpose’ market segmentation, the fanwear/licensed products sub-segment accounted for the highest number of revenue shares (58.7%) of the global soccer sportswear market and is anticipated to register a CAGR of 5.5% over the forecast period.

On the basis of ‘distribution channel’ market segmentation, the online sports generalist sub-segment achieved the highest attractiveness index of 5.6, and this sub-segment is expected to achieve a CAGR of 6% by 2030.

Segmentation of The Global Soccer Sportswear Market:

Based on Product Type

• Apparel
• Footwear
• Equipment

Based on End-User

• Individual users (B2C)
• Teamwear (B2B)

Based on Purpose

• Fan Wear/ Licensed Products
• Non-Licensed Products

Based on Distribution Channel

• Online Soccer Specialists
• Online Sports Generalists
• Traditional Offline Retailers

Key Players

• NIKE Inc.
• Adidas AG
• Gap Inc.
• PUMA SE
• ANTA Sports Products Ltd.
• ASICS Corp.
• Under Armour Inc.
• Li-Ning Company Limited
• Mizuno Corp.

For the Soccer Sportswear Market research study, the following years have been considered to estimate the market size: