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The Soccer Market in Pakistan has seen slow growth due to several factors, including low health awareness among consumers, limited adoption of digital technologies, and lack of convenience in purchasing soccer merchandise and tickets. However, efforts are being made to improve the market through increased media coverage and efforts to promote the sport, which may drive future growth.
Customer preferences: As the popularity of soccer continues to grow in Pakistan, more and more consumers are turning to digital platforms to access live game broadcasts and stay updated on their favorite teams and players. This trend is further amplified by the increasing use of smartphones and the prevalence of social media, allowing for easier access to game highlights and player interviews. Additionally, as more women and young people engage in soccer, there is a growing demand for gender-inclusive and youth-friendly content, leading to a surge in the production and distribution of digital soccer content.
Trends in the market: In Pakistan, the Soccer Market within the Sports Market is experiencing a steady growth, fueled by the increasing popularity of international leagues and tournaments. The use of social media influencers and live streaming is also gaining traction, allowing fans to access real-time updates and interact with players. Additionally, there is a growing trend of investing in youth development and grassroots initiatives to boost the local talent pool. This trend is significant as it has the potential to improve the overall quality of the game in Pakistan, leading to more competitive teams and increased interest in the sport. Industry stakeholders such as clubs, sponsors, and broadcasters should capitalize on this trend to attract more viewers and generate higher revenues.
Local special circumstances: In Pakistan, the Soccer Market within the Sports Market has flourished despite the countrys turbulent political and economic climate. The love for soccer runs deep in the countrys culture and is celebrated as a unifying force. The limited access to high-quality facilities and limited government investment in sports has not hindered the passion for the sport. This has resulted in the growth of local leagues and communities that have created a strong and loyal fan base. Additionally, the countrys geographical location has allowed for a seamless integration with neighboring soccer markets, creating a diverse and competitive soccer landscape.
Underlying macroeconomic factors: The Soccer Market within the Sports Market in Pakistan is heavily affected by macroeconomic factors such as the current state of the global economy, the national economic health of Pakistan, and fiscal policies imposed by the government. As a developing country, Pakistans economic conditions play a significant role in the growth of the Sports market, including the Soccer Market. The countrys economic progress and stability can influence consumer spending and business investments in the Sports market. Additionally, government policies and initiatives towards the development of sports infrastructure and increasing participation in sports can also impact the growth and performance of the Soccer Market within the Sports Market in Pakistan.
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.Mon - Fri, 9am - 6pm (EST)
Mon - Fri, 9am - 5pm (SGT)
Mon - Fri, 10:00am - 6:00pm (JST)
Mon - Fri, 9:30am - 5pm (GMT)
Mon - Fri, 9am - 6pm (EST)