Soccer Balls Market Size, Share, Growth, and Industry Analysis, By Type (Mini, Size 3, Size 4, Size 5, Others), By Application (Online Sales, Hyper/Supermarket, Sport Stores, Specialty Stores), Regional Insights, and Forecast To 2032

Updated On: 08 April 2024

Report Overview

• 

• Request a Free Sample to learn more about this report

The global soccer balls market size was USD 2127.19 million in 2021. As per our research, the market is expected to reach USD 3630.82 million in 2027, exhibiting a CAGR of 9.32% during the forecast period. The global COVID-19 pandemic has been unprecedented and staggering, with soccer balls market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over. 

Soccer balls, also known as footballs in many parts of the world, are the essential equipment used in the sport of soccer (football). These balls are spherical in shape and typically made of various materials, with the outer surface covered in panels stitched together. These balls traditionally consist of 32 panels stitched together to form a spherical shape. However, modern soccer ball often features fewer panels and use advanced bonding techniques for a smoother surface and better aerodynamics. The most iconic design is the black and white hexagonal pattern, although there are many different designs and color combinations available.

Soccer balls market is driven by popularity of soccer, participation in youth and amateur leagues, sporting events, high-profile endorsements and sponsorships by professional soccer players, technological advancements and rising disposable income.

COVID-19 Impact: Pandemic Hampered the Market Demand Due to Supply Chain Disruptions

The global pandemic led to disruptions in supply chains worldwide, affecting the manufacturing and distribution of soccer ball. Lockdowns, factory closures, and restrictions on movement hindered production and logistics, leading to delays and potential shortages. With lockdowns, social distancing measures, and restrictions on gatherings, many sports events, including soccer matches and tournaments, were cancelled or postponed. This led to a decrease in demand for soccer ball, especially those used in professional and organized leagues. Sporting goods stores, which typically sell soccer ball, experienced a decline in foot traffic due to lockdowns and consumer hesitation. This affected the sales of soccer ball through traditional retail channels. While physical retail faced challenges, online sales of soccer ball and sports equipment surged. Many consumers turned to e-commerce to purchase soccer ball for recreational use at home or in their local communities. Some soccer ball manufacturers diversified their production during the pandemic to make personal protective equipment (PPE) and medical supplies, which were in high demand. This shift may have affected the production capacity of soccer ball.

Latest Trends

"Rising Trends of Sustainable Materials to Fuel Market Growth"

The trend toward eco-friendly and sustainable materials in soccer ball production was gaining momentum. Manufacturers were looking for ways to reduce their environmental footprint by using recycled materials or more sustainable production processes. Integration of technology into soccer balls, such as embedded sensors for tracking performance metrics like speed, spin, and accuracy, was on the rise. These smart soccer ball is becoming popular among both professional and amateur players. Personalized and custom-designed soccer balls were becoming more accessible to consumers. Some companies allowed customers to design their own soccer ball, choosing colors, patterns, and even adding personal logos or text. Soccer ball featuring popular sports team logos, player endorsements, or brand collaborations were trending. This allowed fans to connect with their favorite teams and players through merchandise. Manufacturers continued to invest in research and development to create soccer ball with enhanced durability and performance characteristics. These advancements were intended to cater to players of all skill levels.

Segmentation

• 

• Request a Free Sample to learn more about this report

• By Type

      According to type, the market can be segmented into Mini, Size 3, Size 4, Size 5, Others.

• By Application

      Based on application, the market can be divided into Online Sales, Hyper/Supermarket, Sport Stores, Specialty Stores.

Driving Factors

"Global Popularity of Soccer Game to Drive Market Growth"

Soccer is one of the most popular sports worldwide, with a massive fan following and player base. This popularity ensures a consistent demand for soccer ball. Advances in ball design and technology, such as improved aerodynamics, better ball control, and durability, encourage players to upgrade their equipment. Sponsorships and endorsements by professional players, clubs, and national teams can significantly impact consumer choices, influencing them to purchase specific brands and types of soccer balls. Major soccer tournaments like the FIFA World Cup and continental championships generate a surge in soccer-related product sales, including soccer ball. The rise of e-commerce and online retail has made it easier for consumers to access a wide variety of soccer balls, driving market growth. As disposable incomes rise in many countries, consumers have more spending power for sports equipment. The development of soccer infrastructure, such as stadiums, training facilities, and academies, increases the demand for soccer ball used in practice and competition. The growth of youth and amateur soccer leagues and tournaments worldwide increases the demand for soccer ball, especially at the grassroots level. Consumers' desire for unique and customized soccer ball, featuring specific designs, colors, and logos, has driven the demand for customization services. The focus on physical fitness and outdoor activities has encouraged more people to engage in soccer, contributing to soccer balls market growth.

Restraining Factor 

"Seasonal Demand and High Competition to Restrict Market Growth "

Soccer is a seasonal sport in many regions, with higher demand during specific times of the year, such as during the soccer season or major tournaments. Manufacturers may struggle to maintain consistent sales during off-peak periods. The market is highly competitive, with numerous manufacturers and brands vying for market share. Intense competition can lead to price wars and reduced profit margins for companies.

Regional Insights

• 

• Request a Free Sample to learn more about this report

"Presence of Key Players in Europe Anticipated to Drive Market Expansion "

Europe holds leading position in soccer balls market share due to the continent's deep-rooted soccer culture. Countries like England, Spain, Germany, and Italy have strong soccer traditions, and this has driven demand for soccer ball. European companies such as Adidas, Puma have a strong presence in the soccer ball market.

Key Industry Players

"Adoption Innovative Strategies by Key Players Influencing Market Growth"

Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio.

The top key players in the market are Adidas, Spalding, PUMA, Rawlings, Decathlon, Lining, STAR, Nike, Canterbury, Baden, Gilbert. The strategies to develop new technologies, capital investment in R&D, improve product quality, acquisitions, mergers, and compete for the market competition help them to perpetuate their position and value in the market. Besides, collaboration with other companies & extensive possession over market shares by the key players stimulates market demand.

List of Market Players Profiled

• Adidas (Germany)
• Spalding (U.S.)
• PUMA (Germany)
• Rawlings (U.S.)
• Decathlon (France)
• Lining (China)
• Nike (U.S.)
• Canterbury (New Zealand)
• Baden (U.S.)
• Gilbert (U.S.)

Report Coverage

This report examines an understanding of the soccer balls market’s size, share, and growth rate, segmentation by type, application, key players, and previous and current market scenarios. The report also collects the market’s precise data and forecasts by market experts. Also, it describes the study of this industry’s financial performance, investments, growth, innovation marks, and new product launches by the top companies and offers deep insights into the current market structure, competitive analysis based on key players, key driving forces, and restraints that affect the demand for growth, opportunities, and risks.

Furthermore, the post-COVID-19 pandemic’s effects on international market restrictions and a deep understanding of how the industry will recover, and strategies are also stated in the report. The competitive landscape has also been examined in detail to provide clarification of the competitive landscape.

This report also discloses the research based on methodologies that define price trend analysis of target companies, collection of data, statistics, target competitors, import-export, information, and previous years’ records based on market sales. Moreover, all the significant factors which influence the market such as small or medium business industry, macro-economic indicators, value chain analysis, and demand-side dynamics, with all the major business players have been explained in detail. This analysis is subject to modification if the key players and feasible analysis of market dynamics change.