Europe Dominate the Soccer Goalkeeper Gloves Sales with a CAGR of 5.1% by 2033
The soccer goalkeeper gloves market reached a valuation of US$ 3 Billion by 2023. Furthermore, across the 2023-2033 period of assessment, growth is expected to accelerate at a whopping 5.2% CAGR, reaching US$ 5 Billion. Europe continues to be the largest market for soccer goalie gloves. The regional market’s revenue is predicted to increase 1.6x by 2033.
Soccer, often known as football in Europe, is one of the most frequently played and watched spectator sports in Europe. Football glove sales in Europe have been consistent for a long time, with sales increasing during major tournaments such as the English Premier League and UEFA.
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Key Takeaways from Fact.MR’s Report on Global Soccer Goalkeeper Gloves Market
1- Individual buyer type segment will continue to remain dominant in the global market for soccer goalkeeper gloves, with revenues estimated to account for nearly 60% .
2- Soccer goalkeeper gloves sales in promotional buyer type segment are expected to register a sluggish expansion .
3- Europe will continue to be the most lucrative region in the market.
4- Soccer goalkeeper gloves market in Asia-Pacific excluding Japan (APEJ), and North America will exhibit a comparatively faster expansion than in Europe. The market in APEJ is expected to be more lucrative compared to the market in North America.
5- Modern trade is estimated to remain the most attractive sales channel in the global soccer goalkeeper gloves market, in terms of revenues. Revenues from modern trade segment are poised to hold more than one-fourth share of the market during the forecast period.
6- Third party online will continue to be the fastest expanding sales channel for the soccer goalkeeper gloves, to gain 83 BPS in market share by the end of 2026.
7- Roll finger soccer goalkeeper gloves will remain the most lucrative glove type segment, followed by flat palm soccer goalkeeper gloves. Flat palm gloves sales are expected to register the lowest CAGR .
8- Sales of negative cut gloves, and roll finger gloves are estimated to exhibit similar CAGRs.
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Soccer Goalkeeper Gloves Market- Competitive Landscape
Manufacturers of soccer goalkeeper gloves are partnering with sports teams from all over the world to boost market penetration. Various manufacturers use different patented latex formulations to construct goalie gloves.
Soccer goalie gloves distributors and suppliers have emphasized on development, capital, mergers, shipping, portfolio expansion, and branding strategy, according to the soccer goalkeeper gloves industry study. Some prominent market developments are as follows :
- In May 2022, Adidas, a worldwide leader in the sports goods market, and Foot Locker, Inc., a specialty athletic retailer located in New York, announced a new and upgraded relationship focused on product innovation, heightened experiences, and deeper customer engagement.
- This extended collaboration will establish Foot Locker as the primary partner for Adidas in the basketball category, expedite energy and hype releases, as well as feature the creation and growth of important franchises across women’s, kids, and clothing. The new strategic agreement will aim over $2 billion in retail sales by 2025, nearly doubling levels from 2021. It will include all Foot Locker banners in North America, EMEA, and Asia-Pacific. Adidas anticipates that the new relationship would bring extra sales of up to €100 million in 2022.
Key Companies Profiled:
- Adidas AG
- NIKE Inc.
- Kering S.A
- Under Armour Inc.
- Iconix Brand Group Inc.
- Uhlsport GmbH
- Diadora Sport S.r.l
- Select Sport AS
- Pentland Group Plc.
- Decathlon S.A
- Others
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Key Segments Covered in the Soccer Goalkeeper Gloves Industry Survey
- By Glove Type :
- Roll Finger Gloves
- Negative Cut Gloves
- Flat Palm Gloves
- Hybrid Cut Gloves
- By Buyer Type :
- Individual
- Institutional
- Promotional
- By Sales Channel :
- Independent Sports Outlets
- Franchised Sports Outlets
- Modern Trade Channels
- Direct to Customer Brand Outlets
- Direct to Customer Online Channels
- Direct to Customer Institutional Channels
- Third-Party Online Channels
- Others
Key Questions Covered in the Soccer Goalkeeper Gloves Market Report
- What is the projected value of the Soccer Goalkeeper Gloves factors Industry in 2023?
- At what rate will the global Soccer Goalkeeper Gloves factors market size grow until 2033?
- Which are the factors hampering the growth of Soccer Goalkeeper Gloves factors?
- Which region is expected to lead in the global Soccer Goalkeeper Gloves factors market By 2033?
- Which are the factors driving the Soccer Goalkeeper Gloves factors Industry during the forecast period?
- What is the expected market value of the Soccer Goalkeeper Gloves factors market during the forecast period?
Regional Analysis For Soccer Goalkeeper Gloves Market:
- APAC (Japan, China, South Korea, Australia, India, and the rest of APAC; the rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
- Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
- North America (USA, Canada and Mexico)
- South America (Brazil, Chile, Argentina, Rest of South America)
- MEA (Saudi Arabia, United Arab Emirates, South Africa)
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This Press Release has been written with the intention of providing accurate market information which will enable our readers to make informed strategic investment decisions. If you notice any problem with this content, please feel free to reach us on mediarelations@xherald.com.
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