American Football - Philippines | Statista Market Forecast

Revenue in the American Football market is projected to reach US$7.04m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 2.63%, resulting in a projected market volume of US$8.02m 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$8.09 in 2024.
In the American Football market, the number of users is expected to amount to 887.6k users by 2029.
User penetration in the American Football market will be at 0.7% 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 Philippines is experiencing minimal growth due to various factors: limited media coverage, lack of popularity among consumers, and high ticket prices. These challenges have hindered the markets potential growth rate, despite some increase in merchandise sales.

Customer preferences: The American Football Market has seen a rise in popularity among younger demographics, with a particular focus on incorporating technology and digital experiences into the sport. This includes features such as virtual reality training, live streaming of games, and online forums for fan interaction. This trend is fueled by the increasing reliance on digital consumption for entertainment and the desire for immersive and interactive experiences. In the Philippines, the American Football Market is also seeing a growing interest from the younger generation, especially as more international tournaments and events are being held in the country. This aligns with the Philippines tech-savvy population and their enthusiasm for new and innovative forms of entertainment and sports.

Trends in the market: In the Philippines, the popularity of American Football has been steadily increasing with the launch of the Philippine American Football Association (PAFA) in 2016. This growing interest has led to a surge in football-focused training facilities and academies, catering to both youth and adult players. Similarly, in the United States, there has been a rise in sports technology, with the introduction of virtual reality (VR) and augmented reality (AR) training programs. This trend is also evident in the Philippines, as football academies are adopting advanced technologies to improve player performance and training techniques. This trend is significant as it highlights the global shift towards incorporating technology in sports training and its potential to revolutionize the industry. Industry stakeholders, including coaches, clubs, and players, must stay updated with these trends to stay competitive in the rapidly evolving American Football market. With the increasing use of technology, there is also a need for proper regulation and guidelines to ensure fair competition.

Local special circumstances: In the Philippines, the American Football market has seen steady growth in recent years due to the increasing popularity of the sport among the youth. However, the market still faces challenges due to limited resources and infrastructure compared to other countries. On the other hand, in the United States, American football is deeply ingrained in the culture, with a large fan base and established professional leagues. The market is heavily influenced by corporate sponsorships and media coverage, as well as strict regulations on player safety. These factors contribute greatly to the dynamics of the American Football market in both countries, shaping the development and growth of the sport.

Underlying macroeconomic factors: The American Football Market within the Sports Market is heavily impacted by macroeconomic factors such as economic stability, consumer spending patterns, and government policies. Stable economic conditions, such as low unemployment and strong consumer confidence, are likely to drive growth in the American Football Market as consumers have more disposable income to spend on hobbies and leisure activities. In addition, government policies that support and promote the development of sports and recreational facilities can also positively impact the market in the Philippines and America. Furthermore, the growing popularity and global reach of the National Football League (NFL) have created new opportunities for American football in emerging markets, while also driving fan engagement and merchandise sales in established markets.

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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