Soccer Merchandise - Worldwide

Worldwide

Highlights

Revenue in the Soccer Merchandise market is projected to reach US$6.65bn in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 2.20%, resulting in a projected market volume of US$7.41bn 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$17.39 in 2024.
In the Soccer Merchandise market, the number of users is expected to amount to 420.4m users by 2029.
User penetration in the Soccer Merchandise market will be at 4.9% in 2024.

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Soccer Merchandise market has shown minimal growth in the global Soccer Market within the Sports Market. Factors affecting this growth include fluctuating consumer demand, economic instability, and saturation in the market. Despite these challenges, online sales and increasing fan participation offer opportunities for future growth.

Customer preferences: The global rise in the popularity of soccer has led to an increase in demand for authentic and exclusive soccer merchandise. In recent years, there has been a growing trend towards sustainable and eco-friendly products in the Soccer Merchandise Market, as consumers become more conscious about their environmental impact. This shift in consumer preferences is influenced by a variety of factors, including cultural norms and increasing awareness about sustainable living. Brands in the Soccer Merchandise Market are responding to this trend by incorporating sustainable materials and ethical production practices into their products.

Trends in the market: The Soccer Merchandise Market of the Soccer Market within the Sports Market is experiencing a surge in online sales due to the growing popularity of e-commerce and online shopping. This trend is expected to continue as more consumers turn towards online platforms for convenience and competitive pricing. Additionally, there is a rising demand for eco-friendly and sustainable products in the industry, leading to the production of more environmentally friendly merchandise. Industry players are also leveraging social media and influencer marketing to reach a wider audience and increase brand awareness. These trends indicate a shift towards digitalization and sustainability in the Soccer Merchandise Market, which may have significant implications for industry stakeholders in terms of evolving business models and marketing strategies.

Local special circumstances: In Brazil, the Soccer Merchandise Market of the Soccer Market within the Sports Market is heavily influenced by the countrys love for the sport and passion for the local teams. Furthermore, the growing middle class in Brazil has led to an increase in disposable income and demand for high-quality and authentic soccer merchandise. In addition, cultural events such as the World Cup and Copa America have a significant impact on the market, driving up sales and promoting brand awareness. Additionally, Brazils relaxed import regulations and favorable tax policies for the sports industry have attracted international soccer merchandising companies to expand their presence in the country. These factors have contributed to the thriving soccer merchandise market in Brazil with consistent growth expected in the coming years.

Underlying macroeconomic factors: In todays globalized economy, the Soccer Merchandise Market of the Soccer Market within the Sports Market is heavily impacted by macroeconomic factors. The overall performance of this market is heavily influenced by global economic trends, national economic health, fiscal policies, and other financial indicators. Countries with favorable economic conditions, strong fiscal policies and investment in sports infrastructure tend to experience higher demand for soccer merchandise. Additionally, the growth of this market is also driven by the increasing popularity of soccer worldwide, as well as the rising disposable incomes of consumers in developing countries, leading to higher spending on sports merchandise.

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.