As per the report published by Technavio, a market research firm, the Global Football Apparel Market will grow at a CAGR (Compound Annual Growth Rate) of 4.49 per cent in 2016-2020 period.
The report further states that the global football apparel market accounts for the largest share of the global ball sports apparel market and the same is likely to continue in future as well, owing to the popularity of the sport around the world. Sportswear giants such as Adidas, Nike, Puma, Under Armour and Umbro will continue to be the key vendors in providing football apparel products such as shirts, shorts, socks, jackets, sweatshirts, rainwear, tracksuits, training bibs, T-shirts, etc.
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As of now Europe has the major share in the global football apparel market due to the strong popularity of the game in the region…; followed by Latin America and Asia. Existence of various football tournaments such as FIFA World Cup, UEFA, and Euro Cup further increases the demand for football apparels.
Countries like India are also gaining pace in this sport as many club leagues have been initiated which will further take the sales of football apparels up in the future.
