Football Shoes Market Forecast, Trend Analysis & Competition Tracking – Global Market insights 2017 to 2022

Published on : Aug-2017 | List of Tables : 332 | List of Figures : 114 | No. of Pages : 170 | Report Code : FACT223MR |

Football shoes are a part of footwear, worn by individuals while playing football. Football shoes are designed for grass pitches, and have studs on the outer side for aiding the grip. Modern football shoes do not cover the ankle of players, like majority of the other specialist sports footwear. Basic design and appearance of football shoes have converged with design of sneakers over the past few decades.

Today’s football shoes are generally produced either by using leather, or synthetic materials. Although leather shoes and synthetic shoes provide good performance level to players, a number of disadvantages are associated with these materials. The stretching property of leather shoes, despite of their benefit in conforming to the uniqueness of a player’s foot, might extend beyond its limit, resulting into its replacement. Leather has higher potential of absorbing water, enhancing the weight of shoes, and making the cleaning process more difficult. Leather shoes are often high-priced. There is a relatively less availability of color choices in leather football shoes, unlike their synthetic counterparts. However, as synthetic material provide high water resistant property, it can make shoes more slick when exposed to water for longer period of time, for example – in rain, leading towards less grip on the ball. Moreover synthetic shoes require longer break-in times, as the material is inorganic. These factors might impact demand for football shoes in the near future.

New players, such as New Balance, are entering the market by concentrating on specialty retailers, posing challenges to predominant industries including Adidas and Nike. Increasing prevalence of counterfeit football shoes, produced by local manufacturers, are affecting the distribution channels, and thereby influencing the market growth. The global football shoes market is projected to exhibit a sluggish CAGR during the forecast period (2017-2022), according to a recent study published by Fact.MR. Global sales of football shoes are expected to account for nearly US$ 19,000 Mn revenues by 2022-end.

Market Taxonomy

Shoes Type

Material Type

Buyer Type

Sales Channel

Soft Ground

K-Leather

Individual

Independent Sports Outlet

Firm Ground

Natural Leather

Institutional

Franchised Sports Outlet

Artificial Ground

Synthetic Leather

Promotional

Modern Trade Channels

Hard Ground

Synthetic

 

Direct to Customer Brand Outlet

Indoor

Mesh

 

Direct to Customer Online Channel

 

Knit

 

Direct to Customer Institutional Channel

 

 

 

Third Party Online Channel

(Additional information, including cross-sectional data and country-wise analysis & forecast is available in the report)

Firm Ground Football Shoes to Remain Sought-after among Players

Accounting for over one-third revenue share of the market, firm ground football shoes are expected to remain sought-after among players across the globe, followed by hard ground football shoes. Sales of hard ground football shoes will register the highest CAGR through 2022, based on shoes type.

Synthetic leather and synthetic material for shoes will remain preferred among football players worldwide. Global sales of synthetic leather and synthetic football shoes will collectively account for over half revenue share of the market throughout the forecast period.

Over two-third share of the market is expected to be held by individual buyers of football shoes during 2017 to 2022, in terms revenues. Individual buyers of football shoes will account for approximately US$ 13,000 Mn revenues by 2022-end.

In terms of revenues, Europe is projected to retain its position as the largest market for football shoes. Sales of football shoes in Europe will account for over US$ 8,000 Mn revenues by 2022-end. Asia-Pacific excluding Japan (APEJ) will remain the second most lucrative market for football shoes.

More than US$ 4,000 Mn revenues will be accounted by third party online sales channel for football shoes by 2022-end. Third party online sales channel will remain dominant in the global football shoes market, with sales exhibiting the highest CAGR through 2022.

Competition Tracking

Fact.MR’s report lists key market players, which include Pantofola d'Oro SpA, Select Sport A/S, Diadora Sports S.r.l, Joma Sport SA, ASICS Corporation, Mizuno Corporation, PUMA SE, NIKE, Inc., Under Armour, Inc., and Adidas AG.

Note: The insights mentioned here are of the respective analysts, and do not reflect the position of Fact.MR

Increasing availability of counterfeit football shoes by local manufacturers are impacting the distribution channels, which acts as a major restraining factor to growth of the global football shoes market. New market entrants are posing challenges to global leaders in the market, by focusing on the specialty retailers. The report, compiled by Fact.MR, provides in-depth analysis of the global football shoes market for the forecast period 2017-2022, and offers key insights about future market direction.   

Scope

The scope of Fact.MR’s report is to analyze the global football shoes market for the forecast period 2017-2022 and provide readers an unbiased and accurate analysis. Football shoes manufacturers, stakeholders, and suppliers in the global sports industry can benefit from the analysis offered in this report. This report offers a comprehensive analysis, which can be of interest to leading trade magazines and sports journals.     

Summary

The report commences with a brief information of the global football shoes market. This executive summary sets the tone for the rest of the report, providing users the scope of the report. The executive summary includes important facts and statistics on the global football shoes market.    

Overview

The next section offers an overview of the football shoes market. This comprises an introduction to the market, along with a standard definition of the product – football shoes. In this section, market value and year-over-year growth is offered to the readers. Year-over-year growth provides readers with a broader view of growth patterns over the forecast period.      

The report’s succeeding section focuses on drivers, restraints and key trends from macroeconomic, demand, and supply perspectives. Impact analysis of weighted average model-based growth drivers is contained in the report for better provision of decision-making insights to clients.

In order to offer readers with up-to-date information about the latest advancements in the global football shoes market, the report provides updates about market opportunities, which can benefit leading manufacturers of football shoes. With continuous evolution of the sports industry, keeping a record of latest developments and trends is fundamental for football shoes manufacturers to formulate key business strategies. Detailed insights about raw material sourcing, supply chain, pricing analysis, list of distributors, and cost structure are provided in this section.      

Considering wide scope of the global market for football shoes, and to provide in-depth insights, Fact.MR’s report offers segment-wise analysis and forecast. The global football shoes market has been categorized on the basis of shoes type, material type, buyer type, sales channel, and region. This segmentation analysis is comprehensive, along with a detailed country-wise forecast provided on all parameters.   

The report’s last section comprises of the global football shoes market competitive landscape, to provide readers with the dashboard view of company analysis and market players. This competitive intelligence is based on the providers’ categories across value chain, and their presence in the global football shoes market.      

Research Methodology

Fact.MR is committed to offer unbiased and independent market research solutions to its clients. Each market report of Fact.MR is compiled after months of exhaustive research. We bank on a mix of tried-and-tested and innovative research methodologies to offer the most comprehensive and accurate information. Our main sources of research include,

  • Primary research
  • Secondary research
  • Trade research
  • Focused interviews
  • Social media analysis

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Football Shoes Market Forecast, Trend Analysis & Competition Tracking – Global Market insights 2017 to 2022