American Football - NAFTA | Statista Market Forecast

Revenue in the American Football market is projected to reach US$26.30bn in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 7.06%, resulting in a projected market volume of US$36.98bn 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$180.10 in 2024.
In the American Football market, the number of users is expected to amount to 178.6m users by 2029.
User penetration in the American Football market will be at 28.6% 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 the NAFTA region has seen modest growth due to factors such as the popularity of digital broadcasting and online merchandise sales, as well as increasing fan engagement and health awareness. However, the markets growth rate is impacted by declining ticket sales and high competition among media and merchandise sub-segments.

Customer preferences: As the North American Free Trade Agreement (NAFTA) continues to shape the American Football Market within the Sports Market, consumer preferences are also evolving and driving shifts in the market. One notable trend is the increasing demand for sustainable and eco-friendly products, with a growing number of consumers looking for environmentally conscious options when purchasing athletic gear and equipment. This trend is driven by a larger cultural shift towards sustainability and ethical consumption, as well as a growing focus on health and wellness among consumers. As a result, companies within the American Football Market are increasingly offering sustainable and eco-friendly options to cater to this shift in consumer preferences.

Trends in the market: Within the Sports market in North America, there is a growing trend towards virtual and interactive fan experiences. With the increasing use of technology and social media, teams and organizations are looking for ways to engage with fans outside of traditional means. This has led to the development of virtual reality experiences, online communities, and interactive games that allow fans to feel more connected to their favorite teams and players. Additionally, there has been a shift towards incorporating gambling and sports betting into the American Football market, with the legalization of sports betting in the US and the increased use of fantasy football. These trends are significant as they provide new avenues for revenue and fan engagement, while also potentially raising concerns about the impact on the integrity of the sport. For industry stakeholders, it will be important to monitor the trajectory of these trends and adapt accordingly, while also considering the potential implications for fan loyalty and the overall fan experience.

Local special circumstances: In the American Football Market within the Sports Market, the geographical factor plays a huge role in market dynamics. The popularity of American football is immense in the United States, due to its deep-rooted cultural tradition and history. This has led to a strong market demand for merchandise, tickets, and media coverage. The regulatory circumstances also play a crucial role in shaping the market, with the NFL being the dominant organization and enforcer of regulations. These unique local factors make the American Football Market a highly competitive and lucrative industry within the larger Sports Market.

Underlying macroeconomic factors: The American Football Market within the Sports Market is strongly affected by macroeconomic factors such as consumer spending, disposable income, and overall economic stability. In countries with a strong economy and high levels of disposable income, the demand for sports entertainment, including American football, is typically higher. Government fiscal policies, such as tax incentives for sports events and investments in sports infrastructure, also play a key role in driving growth in the American Football Market. Additionally, the growing popularity of sports broadcasting and streaming services on a global scale is increasing the reach and profitability of the American Football Market for both domestic and international markets. This trend is expected to have a significant impact on the growth and success of the American Football Market in the coming years.

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.

This report presents a comprehensive analysis and additional information on the Advertising & Media market, in a PDF format.