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Top 5 Vendors in the Global Football Equipment Market - Technavio

Monday, Nov 06, 2017

Technavio has announced the top five leading vendors in their recent global football equipment market report from 2017-2021. This market research report also lists nine other prominent vendors that are expected to impact the market during the forecast period.

Competitive vendor landscape

The global football equipment market is marked by the presence of well-established vendors that have a substantial presence in the market apart from their predominant brand equity. The vendors have established operations in multiple geographies and are popular among end-consumers with effective penetration levels. The key players in the global football equipment market include Adidas Group, Nike, and Lotto Sport, which have been active in this space and have created a niche for themselves over the years. The market is witnessing an increase in the number of new product innovations and launches. Although vendors have relatively high penetration in the Western markets, such as the Americas and Europe, a shift of focus is expected in the developing markets of APAC during the forecast period.

According to Shikha Kaushik, a lead analyst at Technavio for outdoor gear research, “The introduction of new and innovative products will help prominent leaders to engage and provide customers with a wide variety of products. Most vendors are focusing on providing unique products in terms of service, quality, and price. The development of new products is heavily dependent on financial investments both in the long-term and short-term plans.”

Technavio market research analysts identify the following key vendors:

Adidas Group

The Adidas Group, along with its subsidiaries, engages in the design, manufacture, and marketing of athletic and sports lifestyle products across the world. The footwear segment offers footwear products for men, women, and kids. This segment offers products under Adidas, Reebok, TaylorMade, Rockport, and CCM. Some of the popular products of the company are used in football, basketball, golf, running, swimming, tennis, driving, and cricket.

Nike

Nike designs, markets, develops, and sells sporty apparel, equipment, footwear, and accessories for women, men, and kids worldwide. Its brands include Nike, Converse that offers athletic lifestyle footwear, apparel, and accessories, and Hurley that offers surf and youth lifestyle footwear, apparel, and accessories. The Global Brand Divisions centrally manages the demand creation, operating overheads and product creation, as well as design expenses for Nike.

Kering

Kering is an international luxury group that owns many luxury brands such as Gucci, Yves Saint Laurent, Balenciaga, Alexander McQueen, Bottega Veneta, Boucheron, Brioni, as well as Puma and Volcom in its sport and lifestyle portfolio. Kering offers football equipment through Puma in the footwear segment. PUMA is one of the world’s leading sports brands that designs, develops and markets footwear, apparel, and accessories.

Lotto Sport

Lotto produces and distributes apparel and footwear for sports including football, running, five-a-side, tennis, and fitness to more than 100 countries. The intends to expand its retail network by opening stores across the world. In 2015, the company inaugurated a store in Montebelluna, Treviso in Italy. The inauguration ceremony was a chance to strengthen collaboration between Lotto and the teachers as well as students of the Course of Technical Footwear Sport.

Under Armour

Under Armour manufactures and markets apparels, footwear, and accessories for athletes, professionals, and others. The company offers a wide variety of apparel products including sweatshirts, long sleeves, shirts, pants, and shorts that regulate the body temperature of athletes. It offers products under HEATGEAR, COLDGEAR, and ALLSEASONGEAR brands.

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team at media@technavio.com.

Contacts

Technavio Research
Jesse Maida

Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
www.technavio.com

 

Source:businesswire.com

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