Football Shoes Market Strong Development and Huge Growth in 2022

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.

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.

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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.

 

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.

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