Global Futsal Shoe Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Futsal Shoe Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Futsal is an association football-based game, a variation of minifootball played on a hard court smaller than a football pitch, and mainly indoors. Futsal shoes have a rubber sole that helps players remain on their feet during games. Rubber soles that do not have spikes are essential. Futsal shoes are also often made of leather or another flexible material to allow players to freely run, kick and pass the ball comfortably. Sometimes, futsal shoes can resemble everyday low top sneakers.

Market Overview:

The latest research study on the global Futsal Shoe market finds that the global Futsal Shoe market reached a value of USD 375.04 million in 2022. It’s expected that the market will achieve USD 625.17 million by 2028, exhibiting a CAGR of 8.89% during the forecast period.

Restraints and Challenges

Despite efforts to improve the popularity of Futsal, it seems that there are still huge stumbling blocks affecting its progress. Futsal hasn't reached the popularity of football. The competition lacks elements such as hard sliding tackles, athleticism and strength of players. Even though it's a shorter format, it isn't as big a spectacle as the beautiful game.

Generally speaking, in order to make these sports popular, it is necessary to inject a lot of money into their respective organizations. Futsal lacks that. It was a game that was designed for playing in areas where football fields were not available easily.

Futsal received little media coverage. Good marketing is the key to building the club's finances and increasing the popularity of the sport. The organization in charge of this sport is poorly managed and only seeks short-term benefits. Nowadays, sport is a business, so a lot of money is used for short-term benefits, but huge problems are spreading and they cannot recover from them.

In futsal clubs in some European countries, such as Spain, the players in the first team are all short-term contracts, so there will be a lot of transfers, which makes it difficult for fans to swear loyalty and be associated with a certain team. If the fans don't show their support, the turnout rate will be directly affected. These clubs have no sense of stability, which damages the image of the game. These factors will limit the development of Futsal Shoe industry and pose challenges.

Region Overview:

Europe had the highest growth rate of all regions.

Company Overview:

The top three companies are Adidas, Nike, PUMA with the revenue market share of 20.73%, 18.90%, 8.11% in 2021.

Adidas AG is a German multinational corporation, founded and headquartered in Herzogenaurach, Germany, that designs and manufactures shoes, clothing and accessories. It is the holding company for the Adidas Group, which consists of the Reebok sportswear company, 8.33% of the German football club Bayern München, and Runtastic, an Austrian fitness technology company.

NIKE, Inc., named for the Greek goddess of victory, is the world's leading designer, marketer, and distributor of authentic athletic footwear, apparel, equipment, and accessories for a wide variety of sports and fitness activities.

Segmentation Overview:

By type, Men segment accounted for the largest share of market in 2021.

Application Overview:

By application, the Online segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Futsal Shoe market covered in Chapter 3:

Adidas
Nike
MUNICH® Sports
New Balance
Umbro
PUMA
Lotto Sport Italia
JOMA
Kelme
Mizuno
Diadora

In Chapter 4 and Chapter 14.2, on the basis of types, the Futsal Shoe market from 2018 to 2029 is primarily split into:

Men
Women
Children

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Futsal Shoe market from 2018 to 2029 covers:

Online
Offline

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)