Market Insights Advertising & Media Sports

Soccer - Sweden

Sweden

Revenue in the Soccer market is projected to reach €403.00m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 2.92%, resulting in a projected market volume of €465.30m by 2029.
In global comparison, most revenue will be generated in the United Kingdom (€8,991.00m in 2024).
The average revenue per user (ARPU) in the Soccer market is projected to amount to €159.30 in 2024.
In the Soccer market, the number of users is expected to amount to 2.6m users by 2029.
User penetration in the Soccer market will be at 23.7% in 2024.

Marché

Région

Comparaison de régions

Monnaie

Analyst Opinion

The Soccer market within the Sports Market in Sweden is experiencing a stagnant growth rate, impacted by factors such as delayed tournaments due to Covid-19 and lack of in-person attendance. This has resulted in a decrease in revenue from Soccer Media, Merchandise, and Ticket Sales. However, the market is expected to see a rebound with the resumption of events and the increasing popularity of online streaming services.

Customer preferences: Consumers in Sweden are increasingly prioritizing eco-friendly and sustainable products in their purchasing decisions, leading to a rise in demand for eco-conscious and ethically sourced soccer gear. This trend is further driven by the countrys strong focus on environmentalism and preference for quality over quantity. Additionally, there has been a noticeable shift towards more functional and versatile soccer apparel, reflecting consumers active and on-the-go lifestyles. Furthermore, the growing popularity of womens soccer in Sweden has also influenced the design and marketing of soccer products, with a greater emphasis on inclusivity and representation.

Trends in the market: In Sweden, the Soccer Market within the Sports Market is experiencing a surge in e-commerce, with more fans purchasing tickets and merchandise online. This trend is expected to continue as technologies such as VR and AR are being integrated into the fan experience. Additionally, there is a growing demand for sustainable and socially responsible products in the market, leading to a shift towards eco-friendly materials and production processes. These trends have the potential to significantly impact industry stakeholders, driving revenue growth and enhancing customer experience. For instance, e-commerce can improve accessibility for fans and increase revenue for clubs, while sustainability efforts can attract environmentally conscious consumers and establish a positive brand image for teams and sponsors.

Local special circumstances: In Sweden, the Soccer Market is heavily influenced by the countrys love for sports and its strong emphasis on equality. With a long tradition of gender equality, Sweden boasts one of the most balanced participation rates in soccer worldwide. This has led to a strong culture of support for female soccer players, contributing to the success of the womens national team. Moreover, Swedens colder climate and shorter days have led to the growth of indoor soccer facilities, providing year-round accessibility for players of all ages and skill levels. These unique factors have shaped the soccer market in Sweden, making it a highly competitive and inclusive industry.

Underlying macroeconomic factors: The Soccer Market within the Sports Market in Sweden is heavily influenced by macroeconomic factors such as consumer spending power, national economic policies, and global economic trends. With high GDP per capita and a strong economy, Sweden has a high disposable income among its citizens, leading to a high demand for sports-related products and experiences. In addition, the Swedish government has implemented policies to promote sports and physical activity, which has led to increased investment in the soccer market. Global economic trends such as the increasing popularity of soccer worldwide and the growing influence of social media on the sport have also impacted the demand and growth of the soccer market in Sweden.

Methodology

Data coverage:

The data encompasses B2C and B2B revenues. Figures are based on media spending, merchandise spending, and ticket spending. All monetary figures for merchandise and tickets refer to consumer spending on goods or tickets in the respective segment, which can be online and offline.

Modeling approach / Market size:

Market sizes are determined through a combination of bottom-up and top-down approaches, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use annual financial reports of the market-leading companies and industry associations, third-party studies and reports, survey results from our primary research (e.g., Consumer Insights), as well as performance factors (e.g., user penetration, price per ticket, price on sport goods). In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, number of internet users, and internet consumption. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function or linear forecasting, as it fits the development of either strong growing markets or more sophistacted and saturated markets, such as soccer in Europe.

Additional notes:

The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. In some cases, the data is updated on an ad hoc basis (e.g., when new, relevant data has been released or significant changes within the market have an impact on the projected development). We also account for the different cycles of international tournaments, such as world cups or continent cups. Consumer Insights data is reweighted for representativeness.