Football Shoes Products Market Size, Share, & Trends Analysis Report (2023 – 2030)

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Report Overview

The global football shoes market size was estimated at USD 21.7 billion in 2022 and is expected to register a CAGR of 8.0% during the forecast period (2023-2030). The increasing demand for football shoes has been driven by the rising popularity of the sport across the globe. The demand for football shoes is further expected to surge due to the rising number of football tournaments, especially in the Asia Pacific region.

Furthermore, the rising popularity of football among women is creating new opportunities for the market. According to a survey conducted by the International Football Association Board (IFAB) in November 2021, the number of female players had increased by 35% in the last five years. This has led to an increase in demand for football shoes for women. To meet this demand, many market players are introducing football shoes for women, such as Nike’s HypervenomX Proximo II women’s football shoe, which was launched in April 2021.

In addition, the increasing number of online sales channels is driving the demand for football shoes. According to a survey conducted by Statista, in 2020, the global online retail sales of footwear increased by 21.7% compared to the previous year. This has led to a rise in demand for football shoes from online stores. Moreover, the introduction of advanced features such as cushioning, waterproofing, and traction control is also expected to drive the demand for football shoes in the coming years.

The rising demand for innovative and lightweight football shoes is expected to spur opportunities for the market. For instance, in October 2021, Adidas launched a lightest ever football shoe, Adidas Goletto VI, which is 40% lighter than the previous model. The shoe is designed with a lightweight microfiber upper and a flexible soleplate, which provides enhanced comfort and performance. The increasing focus of market players on developing innovative football shoes with advanced features is expected to further drive the demand for football shoes in the coming years.

Product Insights

The running shoes segment held the largest market share and was valued at USD 4,240.3 million in 2019. This segment is anticipated to expand at a lucrative CAGR over the forecast period. Football shoes are designed with comfortable cushioning and lightweight materials to ensure a high level of performance and to avoid injuries during physical activities. Moreover, rising popularity of athletics as a sport and trend is anticipated to drive the demand for running shoes, thus augmenting the market growth.

The football shoes segment held the second largest market share in 2019 and is expected to register a CAGR of 7.6% from 2020 to 2027. Football shoes are designed to provide traction, support, and stability on a variety of surfaces. The growing popularity of football and the wide range of designs and styles being offered by brands are the key factors driving the market growth. Additionally, the rising trend of athleisure wear is expected to further fuel the demand for football shoes.

Distribution Channel Insights

The supermarkets and hypermarkets segment captured the major share of over 42.1% in 2022. The growth of the segment is mainly driven by the rising consumer inclination towards supermarkets & hypermarkets as a primary source to purchase football shoes. According to a study by Business Wire in 2020, football shoes are the most preferred choice for athletes and the general public alike. These establishments also provide a reasonable selection of products and assist customers in making rapid purchasing decisions for the required football shoes.

The online segment is anticipated to expand at the highest CAGR of 11.5% over the forecast period. The growing internet penetration and rising popularity of online shopping has led to an increase in the number of online stores selling football shoes. For instance, in November 2022, Nike launched an online store dedicated to football shoes. The website will offer a wide range of football shoes from the best brands and at the best prices. In addition, it will also offer expert advice on choosing the right shoe for different playing conditions.

Type Insights

The performance shoes segment accounted for the largest revenue share of 67.3% in the year 2022. The segment is driven by the increasing demand for football-specific shoes among amateur and professional players. This has been further supplemented by the increasing disposable income of middle-class households and the growing popularity of football as a sport worldwide. Moreover, manufacturers are introducing technologically advanced football shoes in the market with features such as high-durability and moisture-wicking liners, which are further boosting the demand in the segment.

The lifestyle shoes segment is expected to expand at the highest CAGR of 10.2% over the forecast period. The segment is driven by the increasing demand for fashionable and comfortable football shoes for everyday use. The growing trend of athleisure has also been a major factor driving the demand for lifestyle shoes in the football segment. Manufacturers are introducing fashionable shoes with features such as air-cushioned midsoles, seamless upper construction, and lightweight outsoles. These features are expected to increase the demand for the lifestyle segment over the forecast period.

Regional Insights

Europe accounted for the largest revenue share of over 35.5% in 2022. The region’s large consumer base and significant consumer spending power have enabled it to become one of the most attractive markets for football shoe manufacturers. Major manufacturers have established their presence in Europe and are focusing on the development of innovative products to cater to the growing demands of consumers. For instance, in October 2021, Adidas launched the X Ghosted.5+ football shoes in Europe.

Asia Pacific is expected to be the second-largest market for football shoes. The region has witnessed a surge in demand for football shoes as a result of the increasing awareness about the sport. Also, the rise in disposable income has enabled consumers to purchase more expensive and premium football shoes from leading brands. For instance, in June 2021, Nike launched the Phantom GT Academy football shoes in India.

Financial Projections

In this part of the football shoes products business plan we will provide a detailed breakdown of all income and expense categories of the business. These forecasts include cash flow projections and capital requirements for your business. Usually, these projections are drafted for a 5-year period.

Revenue Assumptions

The main source of revenues for a football shoes products business comes from the sale of products, sponsorship, and advertising. Here you will find a list with a description of each of them and other possible sources of profit such as fundraising, the sale of merchandise, and online sales.

Projecting Expenses

In this section, all the regular expenses related to keeping the football shoes business running will be described. The list of operating expenses includes wages, maintenance and repairs, utilities, insurance policies, advertising, and others. Additionally, factors such as research and development costs, raw materials, inventory management, and transportation costs must be taken into account.

Key companies & market share insights

Some of the key companies operating in the football shoes market are increasingly focusing on product launches and expansion of the distribution channel to gain prominent visibility among consumers. Some of the initiatives are:

– In June 2022, Nike Inc. launched the Phantom GT Elite, a revolutionary football boot that combines lightweight and responsive cushioning for enhanced performance.

– In August 2022, Adidas AG launched the Predator Freak+ football cleats that deliver superior ball control and grip on all surfaces.

– In October 2022, Puma SE launched the Future 5.1 football shoes with a unique soleplate design and dynamic fit to provide superior comfort and control.

Some of the prominent players in the football shoes market include:

– Adidas AG
– Nike Inc.
– Puma SE
– New Balance, Inc.
– Reebok International Limited
– Umbro International Ltd.
– Under Armour, Inc.
– Mizuno Corporation
– ASICS Corporation
– Lotto Sport Italia SpA

Global Football Shoes Market Segmentation

This report forecasts growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Grand View Research has segmented the global football shoes products market based on product, distribution channel, type, and region:

1. Product Outlook (Revenue, USD Million, 2017 – 2030)

– Football Shoes
– Football Cleats
– Football Boots
– Football Socks
– Football Shirts

2. Distribution Channel Outlook (Revenue, USD Million, 2017 – 2030)

– Supermarkets & Hypermarkets
– Online
– Others

3. Type Outlook (Revenue, USD Million, 2017 – 2030)

– Mass
– Premium

4. Regional Outlook (Revenue, USD Million, 2017 – 2030)

– North America
– Europe
– Asia Pacific
– Central & South America
– Middle East & Africa

Frequently Asked Questions

[Q]: What are the Major Market Trends in the Football Shoes Market?
[A]: The major trends observed in the football shoes market include increasing demand for lightweight and durable shoes, technological advances in the production of football shoes, and increasing trend of customization and personalization of football shoes. Additionally, the growing popularity of sports-related trends such as sports fashion has also been encouraging the sales of football shoes.

[Q]: Who are the Key Players in the Football Shoes Market?
[A]: Some of the key players in the global football shoes market include Adidas AG, Nike, Inc., PUMA SE, ASICS Corporation, Skechers USA, Inc., Mizuno Corporation, New Balance Athletics, Inc., and Under Armour, Inc.

[Q]: What are the factors driving the football shoes market?
[A]: The factors driving the football shoes market include the growing popularity of football, increasing demand for lightweight and durable shoes, technological advances in the production of football shoes, and increasing trend of customization and personalization of football shoes. Moreover, the increasing number of football academies, clubs, and leagues has also been promoting the market growth.

[Q]: What is the Potential of Product Innovation?
[A]: Product innovation has been a major trend observed in the football shoes market. Manufacturers are focusing on introducing new products with advanced features such as improved comfort, traction, and durability. In addition, the manufacturers are offering a variety of customization options to the consumers, such as custom color and design, to meet their needs.

[Q]: What Region Offers the Largest Opportunity for Sales of Football Shoes?
[A]: North America is expected to be the most lucrative region for the football shoes market, with an absolute dollar opportunity of $4.4 B (USD). The region’s growing demand for football shoes, due to the increasing popularity of the sport, is expected to be the major factor driving the market growth.

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Football Shoes Products Market Size, Share, & Trends Analysis Report (2023 – 2030)

Report Overview

The global football shoes market size was estimated at USD 21.7 billion in 2022 and is expected to register a CAGR of 8.0% during the forecast period (2023-2030). The increasing demand for football shoes has been driven by the rising popularity of the sport across the globe. The demand for football shoes is further expected to surge due to the rising number of football tournaments, especially in the Asia Pacific region.

Furthermore, the rising popularity of football among women is creating new opportunities for the market. According to a survey conducted by the International Football Association Board (IFAB) in November 2021, the number of female players had increased by 35% in the last five years. This has led to an increase in demand for football shoes for women. To meet this demand, many market players are introducing football shoes for women, such as Nike’s HypervenomX Proximo II women’s football shoe, which was launched in April 2021.

In addition, the increasing number of online sales channels is driving the demand for football shoes. According to a survey conducted by Statista, in 2020, the global online retail sales of footwear increased by 21.7% compared to the previous year. This has led to a rise in demand for football shoes from online stores. Moreover, the introduction of advanced features such as cushioning, waterproofing, and traction control is also expected to drive the demand for football shoes in the coming years.

The rising demand for innovative and lightweight football shoes is expected to spur opportunities for the market. For instance, in October 2021, Adidas launched a lightest ever football shoe, Adidas Goletto VI, which is 40% lighter than the previous model. The shoe is designed with a lightweight microfiber upper and a flexible soleplate, which provides enhanced comfort and performance. The increasing focus of market players on developing innovative football shoes with advanced features is expected to further drive the demand for football shoes in the coming years.

Product Insights

The running shoes segment held the largest market share and was valued at USD 4,240.3 million in 2019. This segment is anticipated to expand at a lucrative CAGR over the forecast period. Football shoes are designed with comfortable cushioning and lightweight materials to ensure a high level of performance and to avoid injuries during physical activities. Moreover, rising popularity of athletics as a sport and trend is anticipated to drive the demand for running shoes, thus augmenting the market growth.

The football shoes segment held the second largest market share in 2019 and is expected to register a CAGR of 7.6% from 2020 to 2027. Football shoes are designed to provide traction, support, and stability on a variety of surfaces. The growing popularity of football and the wide range of designs and styles being offered by brands are the key factors driving the market growth. Additionally, the rising trend of athleisure wear is expected to further fuel the demand for football shoes.

Distribution Channel Insights

The supermarkets and hypermarkets segment captured the major share of over 42.1% in 2022. The growth of the segment is mainly driven by the rising consumer inclination towards supermarkets & hypermarkets as a primary source to purchase football shoes. According to a study by Business Wire in 2020, football shoes are the most preferred choice for athletes and the general public alike. These establishments also provide a reasonable selection of products and assist customers in making rapid purchasing decisions for the required football shoes.

The online segment is anticipated to expand at the highest CAGR of 11.5% over the forecast period. The growing internet penetration and rising popularity of online shopping has led to an increase in the number of online stores selling football shoes. For instance, in November 2022, Nike launched an online store dedicated to football shoes. The website will offer a wide range of football shoes from the best brands and at the best prices. In addition, it will also offer expert advice on choosing the right shoe for different playing conditions.

Type Insights

The performance shoes segment accounted for the largest revenue share of 67.3% in the year 2022. The segment is driven by the increasing demand for football-specific shoes among amateur and professional players. This has been further supplemented by the increasing disposable income of middle-class households and the growing popularity of football as a sport worldwide. Moreover, manufacturers are introducing technologically advanced football shoes in the market with features such as high-durability and moisture-wicking liners, which are further boosting the demand in the segment.

The lifestyle shoes segment is expected to expand at the highest CAGR of 10.2% over the forecast period. The segment is driven by the increasing demand for fashionable and comfortable football shoes for everyday use. The growing trend of athleisure has also been a major factor driving the demand for lifestyle shoes in the football segment. Manufacturers are introducing fashionable shoes with features such as air-cushioned midsoles, seamless upper construction, and lightweight outsoles. These features are expected to increase the demand for the lifestyle segment over the forecast period.

Regional Insights

Europe accounted for the largest revenue share of over 35.5% in 2022. The region’s large consumer base and significant consumer spending power have enabled it to become one of the most attractive markets for football shoe manufacturers. Major manufacturers have established their presence in Europe and are focusing on the development of innovative products to cater to the growing demands of consumers. For instance, in October 2021, Adidas launched the X Ghosted.5+ football shoes in Europe.

Asia Pacific is expected to be the second-largest market for football shoes. The region has witnessed a surge in demand for football shoes as a result of the increasing awareness about the sport. Also, the rise in disposable income has enabled consumers to purchase more expensive and premium football shoes from leading brands. For instance, in June 2021, Nike launched the Phantom GT Academy football shoes in India.

Financial Projections

In this part of the football shoes products business plan we will provide a detailed breakdown of all income and expense categories of the business. These forecasts include cash flow projections and capital requirements for your business. Usually, these projections are drafted for a 5-year period.

Revenue Assumptions

The main source of revenues for a football shoes products business comes from the sale of products, sponsorship, and advertising. Here you will find a list with a description of each of them and other possible sources of profit such as fundraising, the sale of merchandise, and online sales.

Projecting Expenses

In this section, all the regular expenses related to keeping the football shoes business running will be described. The list of operating expenses includes wages, maintenance and repairs, utilities, insurance policies, advertising, and others. Additionally, factors such as research and development costs, raw materials, inventory management, and transportation costs must be taken into account.

Key companies & market share insights

Some of the key companies operating in the football shoes market are increasingly focusing on product launches and expansion of the distribution channel to gain prominent visibility among consumers. Some of the initiatives are:

– In June 2022, Nike Inc. launched the Phantom GT Elite, a revolutionary football boot that combines lightweight and responsive cushioning for enhanced performance.

– In August 2022, Adidas AG launched the Predator Freak+ football cleats that deliver superior ball control and grip on all surfaces.

– In October 2022, Puma SE launched the Future 5.1 football shoes with a unique soleplate design and dynamic fit to provide superior comfort and control.

Some of the prominent players in the football shoes market include:

– Adidas AG
– Nike Inc.
– Puma SE
– New Balance, Inc.
– Reebok International Limited
– Umbro International Ltd.
– Under Armour, Inc.
– Mizuno Corporation
– ASICS Corporation
– Lotto Sport Italia SpA

Global Football Shoes Market Segmentation

This report forecasts growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Grand View Research has segmented the global football shoes products market based on product, distribution channel, type, and region:

1. Product Outlook (Revenue, USD Million, 2017 – 2030)

– Football Shoes
– Football Cleats
– Football Boots
– Football Socks
– Football Shirts

2. Distribution Channel Outlook (Revenue, USD Million, 2017 – 2030)

– Supermarkets & Hypermarkets
– Online
– Others

3. Type Outlook (Revenue, USD Million, 2017 – 2030)

– Mass
– Premium

4. Regional Outlook (Revenue, USD Million, 2017 – 2030)

– North America
– Europe
– Asia Pacific
– Central & South America
– Middle East & Africa

Frequently Asked Questions

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