What is Soccer Balls?
A soccer ball is the most essential item for gameliterally can’t play without one it is the ball used in the sport of association football. That much is obvious There are hundreds of options — different sizes, textures, technology and brands. They bounce another way, stand up to wear differently, require different care and, accordingly, they’re priced differently. Increasing participation of the consumers in the sports is booming the demand for soccer ball in the market.
The market study is broken down by Type (Premium Match Balls, Training Balls, Street Balls, Indoor and Futsal Balls, Beach Balls and Others), by Application (Personal, Commercial and Others) and major geographies with country level break-up.
The players are increasingly focusing on expanding their geographical reach and widening their customer base to come up with new product innovations and launches to attain maximum soccer balls market share. Key players have relatively high penetration in the Western markets such as the Americas and Europe. Many players are trying to expand their business in developing markets of APAC. Analysts at AMA Research estimates that Vendors from United States will contribute to the maximum growth of Global Soccer Balls market throughout the predicted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Adidas AG (Germany), Nike Inc. (United States), Puma SE (Germany), Under Armour Inc. (United States), New Balance Inc. (United States), Canterbury (New Zealand), Wilson (United States), Rawlings (United States), Lining (China), Spalding (United States) and UMBRO (United Kingdom) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are DIADORA (Italy).
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Soccer Balls market by Type, Application and Region.
On the basis of geography, the market of Soccer Balls has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Specialty Stores will boost the Soccer Balls market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Size, the sub-segment i.e. Size 1 will boost the Soccer Balls market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Soccer ball bladders Types, the sub-segment i.e. Butyl will boost the Soccer Balls market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Trend
- Trend for customized designed Soccer balls
Market Drivers
- Increasing popularity of soccer among youths
- Growing use of soccer ball as practice ball
Opportunities
- Goverment initiatives to encourage the participation in sports related activities Demand for Rubber based Soccer balls is booming the growth opportunities
Restraints
- High cost of soccer ball
- Soccer balls are prone of environmental changes
Challenges
- Stringent regulations of NFHS or NCAA
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Soccer ballls Manufacturer, Raw Material Suppliers, Dealers, Suppliers, Traders,and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End Use Industry
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.