American Football Merchandise - Brazil

Brazil

Highlights

Revenue in the American Football Merchandise market is projected to reach US$26.23m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 3.70%, resulting in a projected market volume of US$31.44m by 2029.
In global comparison, most revenue will be generated United States (US$6.77bn in 2024).
The average revenue per user (ARPU) in the American Football Merchandise market is projected to amount to US$8.15 in 2024.
In the American Football Merchandise market, the number of users is expected to amount to 3.8m users by 2029.
User penetration in the American Football Merchandise market will be at 1.5% in 2024.

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The American Football Merchandise Market in Brazil has shown minimal growth due to factors such as limited consumer interest, high competition from other Sports markets, and economic challenges. However, with the rising popularity of American football in the country, it is expected to experience significant growth in the near future. The convenience of online shopping and increasing awareness about the sport may drive the markets growth.

Customer preferences: The American Football Merchandise Market is experiencing a rising trend in sustainability-driven and ethical consumer preferences. This is reflected in the growing demand for ethically-sourced and environmentally-friendly merchandise, as well as the popularity of sustainable materials and production practices. Additionally, the market is witnessing a shift towards personalized and specialized merchandise, catering to the diverse interests and lifestyles of its consumers. This shift is driven by the increasing influence of social media and the desire for unique and authentic products.

Trends in the market: In Brazil, the American Football Merchandise Market is experiencing a surge in e-commerce sales, with more consumers turning to online shopping for their athletic gear and team apparel. In the American Football Market, there is a growing trend of sustainable and environmentally-friendly merchandise, as consumers become more conscious of their impact on the environment. These trends have significant implications for industry stakeholders, as they must adapt to the changing market landscape and meet the demands of a new generation of consumers. Failure to do so could result in loss of market share and revenue.

Local special circumstances: In Brazil, the American Football Merchandise Market is influenced by the countrys passion for sports and their strong connection to the United States. This is evident in the popularity of the NFLs regular season games held in Brazil, as well as the increasing demand for American football merchandise. The countrys large population and strong economy also contribute to the growth of the market. Additionally, the cultural similarities between Brazil and the United States, such as their love for competitive sports, further drive the demand for American football merchandise in Brazil.

Underlying macroeconomic factors: The American Football Merchandise Market within the Sports Market is greatly impacted by macroeconomic factors, such as consumer spending, market competition, and government policies. In Brazil, the market is experiencing growth due to a thriving economy, increasing disposable income of consumers, and a growing interest in American football. On the other hand, the American football merchandise market in the US is largely influenced by economic trends, such as consumer preferences, market demand, and promotional strategies. Furthermore, fiscal policies, such as tariffs and trade agreements, greatly impact the availability and cost of these products in the market. National economic health also plays a significant role, as a stable economy and rising employment rates contribute to increased consumer spending. In summary, the American football merchandise market is heavily influenced by macroeconomic factors that shape the demand and supply dynamics within the market.

Data coverage:

The data encompasses B2C revenues. Figures are based on merchandise spending. All monetary figures refer to consumer spending on goods in the respective segment, which can be online and offline.

Modeling approach / Market size:

Market sizes are determined through a combination of bottom-up and top-down approaches, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use annual financial reports of the market-leading companies and industry associations, third-party studies and reports, survey results from our primary research (e.g., Consumer Insights), as well as performance factors (e.g., user penetration, price per ticket, price on sport goods). In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, number of internet users, and internet consumption. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function or linear forecasting, as it fits the development of either strong growing markets or more sophistacted and saturated markets, such as soccer in Europe.

Additional notes:

The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. In some cases, the data is updated on an ad hoc basis (e.g., when new, relevant data has been released or significant changes within the market have an impact on the projected development). We also account for the different cycles of international tournaments, such as world cups or continent cups. Consumer Insights data is reweighted for representativeness.