American Football - Central America

Revenue in the American Football market is projected to reach US$6.30m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 2.14%, resulting in a projected market volume of US$7.00m by 2029.
In global comparison, most revenue will be generated United States (US$25.84bn in 2024).
The average revenue per user (ARPU) in the American Football market is projected to amount to US$8.29 in 2024.
In the American Football market, the number of users is expected to amount to 795.4k users by 2029.
User penetration in the American Football market will be at 1.4% in 2024.

Definition:

The Football market encompasses various aspects of the sport, including media coverage, ticket sales, and merchandise, catering to the immense global fanbase of American football. It encompasses platforms and channels dedicated to delivering news, analysis, and entertainment related to football matches worldwide. Additionally, it includes the sale of tickets for live football events, facilitating fan engagement and revenue generation. Moreover, the market comprises the sale of various products and merchandise related to football, allowing fans to showcase their support for their favorite teams and players through licensed apparel, memorabilia, and collectibles.

Structure:

Football Media: Encompasses revenues from television and online streaming rights for football matches.
Football Ticket Sales: Comprises revenues from tickets sold for football matches held in stadiums, online ticketing platforms, and season ticket packages.
Football Merchandising: Includes revenues from the sale of official team merchandise, player merchandise, and general football-themed products.

Additional information:

Key metrics within the market include revenues, viewers, ticket revenues, ticket purchasers, merchandise sales volumes, and licensing fees. Revenue streams primarily come from advertising, subscription fees, ticket sales, merchandise sales, and sponsorship deals. Data on broadcasting rights, online viewership, ticketing platforms, popular merchandise items, and fan preferences are essential for understanding market dynamics. Key players in the Football market include broadcasting networks, sports teams, apparel brands, ticketing agencies, and online marketplaces.

For more detailed insights, refer to the additional information provided next to the respective data points.

Ticket sales from games, such as league games
Revenue from merchandise, such as jerseys
Revenue from media rights, such as TV broadcasting

Revenue from player transfers, such as transfer fees
Tickets sold on the secondary market, such as on eBay
Revenue from licensing or sponsorship, such as from logos

The American Football market in Central America is seeing slow growth due to factors such as limited availability of media coverage, low merchandise sales, and high ticket prices. The market is impacted by the lack of investment and promotion in this specific sport, leading to a stagnant growth rate. However, with the increasing popularity and exposure of American Football globally, there is potential for growth in the future for this market.

Customer preferences: As the popularity of American football continues to grow in Central America, consumer preferences are shifting towards a focus on player safety and injury prevention. This trend is influenced by the cultural value placed on physical well-being and the increasing awareness of the long-term impact of concussions. As a result, there has been a rise in demand for innovative protective equipment and training techniques aimed at reducing the risk of head injuries and improving overall player safety. Additionally, there is a growing interest in remote coaching and training programs, as players and teams look for ways to improve performance while minimizing in-person contact.

Trends in the market: In Central America, the American Football Market is experiencing a growth in popularity, particularly in countries like Mexico and Costa Rica. This trend is attributed to the increasing presence of American football teams and leagues in these regions. In the United States, the market is also witnessing a rise in esports, with American football video games gaining popularity among younger demographics. This trend has significant implications for the industry, as it opens up new revenue streams and expands the fan base for American football. However, it also presents challenges for traditional sports leagues to adapt and stay relevant in an increasingly digital landscape.

Local special circumstances: In Central America, the American Football market is heavily influenced by the cultural affinity for the sport. The strong connection with the United States has created a demand for American Football leagues and events in the region. Additionally, the geographical proximity to the United States also allows for easier access to resources and training opportunities for local players. The regulatory environment, particularly in countries like Mexico and Panama, has also been favorable for the growth of American Football, with government support and the establishment of national leagues. This has led to a unique market dynamic, with a strong fan base and a growing pool of talented players in the region.

Underlying macroeconomic factors: The American Football Market within the Sports Market is shaped by macroeconomic factors such as rising disposable incomes, increased interest in sports as a form of recreation, and investments in sports infrastructure. This is especially true within Central America, where economic growth and improved government policies have led to a surge in sports participation and spending. Additionally, the growing influence of American pop culture and consumerism in the region has also contributed to the increasing popularity of American football. As the economy continues to develop and consumer spending power increases, the American Football Market is expected to see continued growth and potential for market expansion.

Data coverage:

The data encompasses B2C and B2B revenues. Figures are based on media spending, merchandise spending, and ticket spending. All monetary figures for merchandise and tickets refer to consumer spending on goods or tickets 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.

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