Football Gloves Market Report Overview
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The global football gloves market size is expected to be USD 6.11721 billion in 2022. As per our research, the market is projected to touch USD 36.00 billion in 2031, exhibiting a CAGR of 19.01% during the forecast period.
The global COVID-19 pandemic has been unprecedented and staggering, with football gloves experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden spike in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.
Football gloves are a sort of protective equipment that players in different football codes wear on their hands and occasionally their arms while playing. Their primary function, despite the fact that they serve a variety of functions, is to prevent players' hands from being entangled in the hands of opponents or goalposts. Furthermore, they improve grip when catching or tossing the ball. Typically, when someone mentions "gloves," they're referring to goalkeeper gloves, which are worn to guard against high-velocity shots from opposing players.
Football players wear gloves to protect their hands from harm and to aid in gripping the ball. Therefore, they can be utilized by professional American football players as a safety precaution while tackling or holding an opponent with slippery palms. The Laws of the Game do not stipulate that gloves must be worn during a football game, but some players choose to do so out of concern for their own safety when playing in extremely cold or hot weather. In these situations, friction on the skin can cause irritation and infection, and wearing gloves can help prevent this from happening. The ability to control wild balls under bad weather or circumstances; an improved ability to maintain a positive grip on untidy grassy fields; and protection from coming into touch with a hardball on the skin are further factors.
Football gloves are mostly used in amateur football to protect hands from harm caused by sharp or abrasive surfaces. Additionally, athletes utilize them to safeguard their wrists, elbows, and forearms during tackling drills. When wearing these gloves, a frequent error made by many individuals is to layer a winter coat on top of them. This won't stop injuries since you still need a barrier to protect your body from the cold surface outside. Another myth that claims there is no risk of injury when playing football is that you can protect yourself from potential harm by wearing thick leather gloves underneath your regular sportswear. However, this does not shield you from harm from contact with snow, ice, or other ground surfaces like grass.
COVID-19 Impact: Lockdown Scenario Affected the Football Gloves Market
Covid badly affected the football gloves market due to supply chain disruptions and shortage in raw materials was also observed. Shortage of labor and strict protocols such as lockdowns and restrictions on movement created roadblocks, disruptions in end-use sectors of the product led to lower demand.
LATEST TRENDS
"Increase in Female Engagement to Boost the Market Growth"
Women have less of a market share in the sports industry than males do. Consequently, with the rise in female engagement in sports, there is a high chance for the need for football gloves to increase.
Football Gloves Market Segmentation
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- By Type Analysis
By type, market is segmented into latex, leather and others. The latex segment will dominate the market in the coming years.
- By Application Analysis
Based on applications, the market is classified into professional and amateur. The professional segment will lead the global share through 2031.
DRIVING FACTORS
"Introduction of Initiatives to Boost Involvement in Domestic and International Events to Propel the Market"
An important aspect fueling the expansion of this particular sector is the introduction of initiatives to boost involvement in domestic and international football events. Football gloves are becoming more popular as a result of grassroots initiatives run in schools, clubs, and communities to instill in young people the essential values of sports. The Union of European Football Associations (UEFA) has started programs around Europe to boost the number of women and girls who participate in sports. Football gloves are projected to become more popular in the area as sports participation rises.
"Increased Awareness of Safety and Health Issues to Push the Market"
The market for football gloves is expanding as a result of increased awareness of safety and health issues as well as the popularity of sports. It is also anticipated that in the near future, the popularity of electric sports would boost industry income. The market is being driven by rising female participation in football around the globe, an increase in national and international football games, and rising demand for football gloves. These factors all contribute to the global promotion of female football sports.
RESTRAINING FACTORS
"High Prices of Branded Football Gloves to Impede the Market"
The lack of football players in developing economies would hurt the market. Additionally, there are barriers such as the high price of branded football gloves, a lack of awareness, and lower per capita income in underdeveloped economies.
Football Gloves Market Resional Insights
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"North America to Hold the Largest Global Football Gloves Market Share"
Due to the growing popularity of football in this region, North America is predicted to lead the market by region over the time of forecasting. The market is predicted to expand most quickly in the Asia Pacific region. Due to the increased durability of rubber gloves under demanding usage conditions, rubber type football gloves are anticipated to sell at a higher price than fiber type football gloves.
KEY INDUSTRY PLAYERS
"Key Players Focus on Partnerships to Gain a Competitive Advantage "
Prominent market players are making collaborative efforts by partnering with other companies to stay ahead in the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolio.
List of Market Players Profiled
- Evo Shield (U.S.)
- Nike (U.S.)
- Adams USA (U.S.)
- Battle Sports Science (U.S.)
- All-Star (U.S.)
- Cutters Gloves (U.S.)
- Wilson (U.S.)
- Oakley (U.S.)
- Reebok (U.S.)
- SKLZ (U.S.)
- Under Armour (U.S.)
- Unbranded (Netherlands)
- XPROTEX (U.S.)
- Adidas (Germany)
- Grip Boost (U.S.)
REPORT COVERAGE
The market research study examines the worldwide market in detail, focusing on important elements such as leading players, product/services or type, and leading end-use applications. Aside from that, the research analyses major advancements and provides insights into lighting market trends. In addition to the causes indicated above, the paper includes a number of other factors that have contributed to recent growth.
REPORT COVERAGE | DETAILS |
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Market Size Value In |
US$ 6.11721 Billion in 2022 |
Market Size Value By |
US$ 36 Billion by 2031 |
Growth Rate |
CAGR of 19.01% from 2022 to 2031 |
Forecast Period |
2023-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Type and Application |
Frequently Asked Questions
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What value is the football gloves market expected to touch by 2031?
Over the research period, football gloves market will be reaching USD 36.00 billion in 2031.
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What CAGR is the football gloves expected to exhibit by 2031?
The football gloves market is expected to exhibit a CAGR of 19.01% by 2031.
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Which are the driving factors of the football gloves market?
Introduction of initiatives to boost involvement in domestic and international, increased awareness of safety and health issues are the driving factors of the football gloves market.
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Which are the top companies operating in the football gloves market?
Adidas, Grip Boost, Unbranded and Wilson are the top companies operating the football gloves market.