Soccer Merchandise - Switzerland

Switzerland

Highlights

Revenue in the Soccer Merchandise market is projected to reach US$49.40m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 2.38%, resulting in a projected market volume of US$55.56m by 2029.
In global comparison, most revenue will be generated United States (US$1.38bn in 2024).
The average revenue per user (ARPU) in the Soccer Merchandise market is projected to amount to US$43.51 in 2024.
In the Soccer Merchandise market, the number of users is expected to amount to 1.2m users by 2029.
User penetration in the Soccer Merchandise market will be at 12.8% in 2024.

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Soccer Merchandise market in Switzerland has seen minimal growth, impacted by limited consumer spending and slow adoption of digital retail platforms. However, the popularity of soccer in Switzerland continues to drive demand for soccer merchandise.

Customer preferences: The Soccer Merchandise Market of the Soccer Market within the Sports Market is experiencing a rise in demand for eco-friendly and sustainable products. Consumers, especially the younger generation, are showing a preference for products that align with their environmental values. This trend is driven by increasing awareness about climate change and the desire to make more mindful purchasing decisions. As a result, we are seeing more companies incorporate sustainable materials and manufacturing practices in their soccer merchandise offerings.

Trends in the market: Within Switzerlands Soccer Merchandise Market, the current trend is a shift towards online sales. This trend has been accelerated by the COVID-19 pandemic, as more fans are turning to online shopping for their favorite teams merchandise. This has been a significant development for industry stakeholders, as it allows for easier access to a global market and better customer engagement. Additionally, the use of influencer marketing and social media has also played a crucial role in promoting merchandise sales. This trend is likely to continue in the future, as online shopping becomes more prevalent and digital platforms offer more personalized and interactive experiences for fans. However, it also presents challenges for retailers who rely on physical stores, as they may face decreased footfall and competition from online retailers. For manufacturers, this trend provides opportunities to expand their product offerings and reach a wider consumer base, but also requires adapting to online retail channels. Overall, the increasing shift towards online sales in Switzerlands Soccer Merchandise Market has both positive and negative implications for industry stakeholders, and it will be important to monitor the trajectory of this trend in the coming years.

Local special circumstances: In Switzerland, the Soccer Merchandise Market benefits from the country’s high disposable income and passion for soccer. Additionally, the country’s strict regulations on counterfeit products help maintain a high demand for official merchandise. Furthermore, the cultural significance of soccer in Switzerland, and the popularity of local teams, further drives the market. With its affluent and avid soccer-loving population, Switzerland presents a unique landscape for the Soccer Merchandise Market within the Sports Market, setting it apart from other countries and influencing its market dynamics.

Underlying macroeconomic factors: The Soccer Merchandise Market in Switzerland is affected by macroeconomic factors such as national economic health, consumer spending power, and fiscal policies. With Switzerlands strong and stable economy, consumers have higher purchasing power, leading to increased demand for high-quality soccer merchandise. The governments fiscal policies, such as low taxes and tariff-free trade, also contribute to the growth of the market by making it easier for international brands to enter the market and for consumers to purchase imported products. Additionally, the global trend of increasing interest in soccer and the growing popularity of international leagues also positively impact the demand for soccer merchandise in Switzerland.

Data coverage:

The data encompasses B2C revenues. Figures are based on merchandise spending. All monetary figures refer to consumer spending on goods 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.