American Football - El Salvador | Statista Market Forecast

Revenue in the American Football market is projected to reach US$494.50k in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 1.86%, resulting in a projected market volume of US$542.30k 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$8.24 in 2024.
In the American Football market, the number of users is expected to amount to 62.2k users by 2029.
User penetration in the American Football market will be at 0.9% 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 El Salvador is facing slow growth, influenced by factors such as limited media coverage, lack of consumer interest in merchandise, and high ticket prices. These sub-markets are struggling due to the relatively small size of the sport in the country, leading to a negligible growth rate. However, efforts to increase awareness and accessibility to the sport may positively impact this growth rate in the future.

Customer preferences: As consumer spending in El Salvador continues to rise, the popularity of American football has increased as well. With this growth, there has been a rise in demand for sports technology, including digital tools such as wearable devices and fitness apps. This reflects a larger trend of consumers seeking convenience and customization in their health and fitness routines. Additionally, the younger demographic in El Salvador has shown a strong interest in American football, signaling a potential shift in consumer preferences towards this sport.

Trends in the market: In El Salvador, the American Football market is experiencing a shift towards youth development and grassroots programs, as evidenced by the increase in local leagues and tournaments. This trend aims to cultivate a new generation of players and fans, thereby creating a sustainable future for the sport. Additionally, American football is gaining traction in the countrys high schools and universities, with more teams being formed and regular competitions being held. This trend not only promotes physical activity and healthy competition, but also helps promote a positive image of the sport, potentially leading to increased interest and investment from stakeholders in the industry.

Local special circumstances: In El Salvador, the American Football market has a unique blend of traditional soccer culture and a growing interest in American sports. The countrys small size and close-knit communities foster a strong sense of community and support for local teams. Additionally, El Salvadors proximity to the United States makes it easily accessible for American teams to play games and promote the sport. This combination of factors drives the markets growth and popularity, creating a unique sporting landscape different from other markets.

Underlying macroeconomic factors: The American Football Market within the Sports Market is highly influenced by macroeconomic factors, including consumer spending, corporate sponsorship, and government support. As the economy of El Salvador continues to improve, with increasing GDP and investment in infrastructure, the demand for American Football has risen, leading to growth in the market. Additionally, with the increasing popularity of American Football in other countries such as Mexico and the United States, there has been an influx of investment in the market, further driving its growth. Moreover, favorable government policies and regulations, including tax incentives and public funding, have also played a significant role in the expansion of the American Football Market. These macroeconomic factors have created a supportive environment for market growth and have attracted both local and international stakeholders to invest in this rapidly developing market.

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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