Global Men Rugby Cup Market Growth (Status and Outlook) 2026-2032

May 2026 | 90 pages | ID: GBA8C9663CDAEN
LP Information

Abstracts

The global Men Rugby Cup market size is predicted to grow from US$ million in 2025 to US$ million in 2032; it is expected to grow at a CAGR of %from 2026 to 2032.

The term ?men rugby cup? refers to a tournament or competition in which teams from different countries or regions compete for the championship title.

United States market for Men Rugby Cup is estimated to increase from US$ million in 2025 to US$ million by 2032, at a CAGR of % from 2026 through 2032.

China market for Men Rugby Cup is estimated to increase from US$ million in 2025 to US$ million by 2032, at a CAGR of % from 2026 through 2032.

Europe market for Men Rugby Cup is estimated to increase from US$ million in 2025 to US$ million by 2032, at a CAGR of % from 2026 through 2032.

Global key Men Rugby Cup players cover World Rugby, Guinness, Tri Nations, Olympics, Celtic Top 12, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2025.

LPI (LP Information)' newest research report, the ?Men Rugby Cup Industry Forecast? looks at past sales and reviews total world Men Rugby Cup sales in 2025, providing a comprehensive analysis by region and market sector of projected Men Rugby Cup sales for 2026 through 2032. With Men Rugby Cup sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Men Rugby Cup industry.

This Insight Report provides a comprehensive analysis of the global Men Rugby Cup landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Men Rugby Cup portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms? unique position in an accelerating global Men Rugby Cup market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Men Rugby Cup and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Men Rugby Cup.

This report presents a comprehensive overview, market shares, and growth opportunities of Men Rugby Cup market by product type, application, key players and key regions and countries.

Segmentation by Type:

• Club Cup
• National Team Cup

Segmentation by Application:

• Sports Industry
• Television Boardcasting
• Public Welfare
• Others

This report also splits the market by region:

• Americas
• United States
• Canada
• Mexico
• Brazil
• APAC
• China
• Japan
• Korea
• Southeast Asia
• India
• Australia
• Europe
• Germany
• France
• UK
• Italy
• Russia
• Middle East & Africa
• Egypt
• South Africa
• Israel
• Turkey
• GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

• World Rugby
• Guinness
• Tri Nations
• Olympics
• Celtic Top 12
• Olympics Aisa

Contents

1 SCOPE OF THE REPORT

1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats

2 EXECUTIVE SUMMARY

2.1 World Market Overview
  2.1.1 Global Men Rugby Cup Market Size (2021-2032)
  2.1.2 Men Rugby Cup Market Size CAGR by Region (2021 VS 2025 VS 2032)
  2.1.3 World Current & Future Analysis for Men Rugby Cup by Country/Region (2021, 2025 & 2032)
2.2 Men Rugby Cup Segment by Type
  2.2.1 Club Cup
  2.2.2 National Team Cup
  2.2.3 Men Rugby Cup Market Size by Type
    2.2.3.1 Men Rugby Cup Market Size CAGR by Type (2021 VS 2025 VS 2032)
    2.2.3.2 Global Men Rugby Cup Market Size Market Share by Type (2021-2026)
2.3 Men Rugby Cup Segment by Application
  2.3.1 Sports Industry
  2.3.2 Television Boardcasting
  2.3.3 Public Welfare
  2.3.4 Others
  2.3.5 Men Rugby Cup Market Size by Application
    2.3.5.1 Men Rugby Cup Market Size CAGR by Application (2021 VS 2025 VS 2032)
    2.3.5.2 Global Men Rugby Cup Market Size Market Share by Application (2021-2026)

3 MEN RUGBY CUP MARKET SIZE BY PLAYER

3.1 Men Rugby Cup Market Size Market Share by Player
  3.1.1 Global Men Rugby Cup Revenue by Player (2021-2026)
  3.1.2 Global Men Rugby Cup Revenue Market Share by Player (2021-2026)
3.2 Global Men Rugby Cup Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
  3.3.1 Competition Landscape Analysis
  3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2024-2026)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion

4 MEN RUGBY CUP BY REGION

4.1 Men Rugby Cup Market Size by Region (2021-2026)
4.2 Global Men Rugby Cup Annual Revenue by Country/Region (2021-2026)
4.3 Americas Men Rugby Cup Market Size Growth (2021-2026)
4.4 APAC Men Rugby Cup Market Size Growth (2021-2026)
4.5 Europe Men Rugby Cup Market Size Growth (2021-2026)
4.6 Middle East & Africa Men Rugby Cup Market Size Growth (2021-2026)

5 AMERICAS

5.1 Americas Men Rugby Cup Market Size by Country (2021-2026)
5.2 Americas Men Rugby Cup Market Size by Type (2021-2026)
5.3 Americas Men Rugby Cup Market Size by Application (2021-2026)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil

6 APAC

6.1 APAC Men Rugby Cup Market Size by Region (2021-2026)
6.2 APAC Men Rugby Cup Market Size by Type (2021-2026)
6.3 APAC Men Rugby Cup Market Size by Application (2021-2026)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia

7 EUROPE

7.1 Europe Men Rugby Cup Market Size by Country (2021-2026)
7.2 Europe Men Rugby Cup Market Size by Type (2021-2026)
7.3 Europe Men Rugby Cup Market Size by Application (2021-2026)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia

8 MIDDLE EAST & AFRICA

8.1 Middle East & Africa Men Rugby Cup by Region (2021-2026)
8.2 Middle East & Africa Men Rugby Cup Market Size by Type (2021-2026)
8.3 Middle East & Africa Men Rugby Cup Market Size by Application (2021-2026)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries

9 MARKET DRIVERS, CHALLENGES AND TRENDS

9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends

10 GLOBAL MEN RUGBY CUP MARKET FORECAST

10.1 Global Men Rugby Cup Forecast by Region (2027-2032)
  10.1.1 Global Men Rugby Cup Forecast by Region (2027-2032)
  10.1.2 Americas Men Rugby Cup Forecast
  10.1.3 APAC Men Rugby Cup Forecast
  10.1.4 Europe Men Rugby Cup Forecast
  10.1.5 Middle East & Africa Men Rugby Cup Forecast
10.2 Americas Men Rugby Cup Forecast by Country (2027-2032)
  10.2.1 United States Market Men Rugby Cup Forecast
  10.2.2 Canada Market Men Rugby Cup Forecast
  10.2.3 Mexico Market Men Rugby Cup Forecast
  10.2.4 Brazil Market Men Rugby Cup Forecast
10.3 APAC Men Rugby Cup Forecast by Region (2027-2032)
  10.3.1 China Men Rugby Cup Market Forecast
  10.3.2 Japan Market Men Rugby Cup Forecast
  10.3.3 Korea Market Men Rugby Cup Forecast
  10.3.4 Southeast Asia Market Men Rugby Cup Forecast
  10.3.5 India Market Men Rugby Cup Forecast
  10.3.6 Australia Market Men Rugby Cup Forecast
10.4 Europe Men Rugby Cup Forecast by Country (2027-2032)
  10.4.1 Germany Market Men Rugby Cup Forecast
  10.4.2 France Market Men Rugby Cup Forecast
  10.4.3 UK Market Men Rugby Cup Forecast
  10.4.4 Italy Market Men Rugby Cup Forecast
  10.4.5 Russia Market Men Rugby Cup Forecast
10.5 Middle East & Africa Men Rugby Cup Forecast by Region (2027-2032)
  10.5.1 Egypt Market Men Rugby Cup Forecast
  10.5.2 South Africa Market Men Rugby Cup Forecast
  10.5.3 Israel Market Men Rugby Cup Forecast
  10.5.4 Turkey Market Men Rugby Cup Forecast
10.6 Global Men Rugby Cup Forecast by Type (2027-2032)
10.7 Global Men Rugby Cup Forecast by Application (2027-2032)
  10.7.1 GCC Countries Market Men Rugby Cup Forecast

11 KEY PLAYERS ANALYSIS

11.1 World Rugby
  11.1.1 World Rugby Company Information
  11.1.2 World Rugby Men Rugby Cup Product Offered
  11.1.3 World Rugby Men Rugby Cup Revenue, Gross Margin and Market Share (2021-2026)
  11.1.4 World Rugby Main Business Overview
  11.1.5 World Rugby Latest Developments
11.2 Guinness
  11.2.1 Guinness Company Information
  11.2.2 Guinness Men Rugby Cup Product Offered
  11.2.3 Guinness Men Rugby Cup Revenue, Gross Margin and Market Share (2021-2026)
  11.2.4 Guinness Main Business Overview
  11.2.5 Guinness Latest Developments
11.3 Tri Nations
  11.3.1 Tri Nations Company Information
  11.3.2 Tri Nations Men Rugby Cup Product Offered
  11.3.3 Tri Nations Men Rugby Cup Revenue, Gross Margin and Market Share (2021-2026)
  11.3.4 Tri Nations Main Business Overview
  11.3.5 Tri Nations Latest Developments
11.4 Olympics
  11.4.1 Olympics Company Information
  11.4.2 Olympics Men Rugby Cup Product Offered
  11.4.3 Olympics Men Rugby Cup Revenue, Gross Margin and Market Share (2021-2026)
  11.4.4 Olympics Main Business Overview
  11.4.5 Olympics Latest Developments
11.5 Celtic Top
  11.5.1 Celtic Top 12 Company Information
  11.5.2 Celtic Top 12 Men Rugby Cup Product Offered
  11.5.3 Celtic Top 12 Men Rugby Cup Revenue, Gross Margin and Market Share (2021-2026)
  11.5.4 Celtic Top 12 Main Business Overview
  11.5.5 Celtic Top 12 Latest Developments
11.6 Olympics Aisa
  11.6.1 Olympics Aisa Company Information
  11.6.2 Olympics Aisa Men Rugby Cup Product Offered
  11.6.3 Olympics Aisa Men Rugby Cup Revenue, Gross Margin and Market Share (2021-2026)
  11.6.4 Olympics Aisa Main Business Overview
  11.6.5 Olympics Aisa Latest Developments

12 RESEARCH FINDINGS AND CONCLUSION

List Of Tables

LIST OF TABLES

Table 1. Men Rugby Cup Market Size CAGR by Region (2021 VS 2025 VS 2032) & ($ millions)
Table 2. Men Rugby Cup Annual Sales CAGR by Country/Region (2021, 2025 & 2032) & ($ millions)
Table 3. Major Players of Club Cup
Table 4. Major Players of National Team Cup
Table 5. Men Rugby Cup Market Size CAGR by Type (2021 VS 2025 VS 2032) & ($ millions)
Table 6. Global Men Rugby Cup Market Size by Type (2021-2026) & ($ millions)
Table 7. Global Men Rugby Cup Market Size Market Share by Type (2021-2026)
Table 8. Men Rugby Cup Market Size CAGR by Application (2021 VS 2025 VS 2032) & ($ millions)
Table 9. Global Men Rugby Cup Market Size by Application (2021-2026) & ($ millions)
Table 10. Global Men Rugby Cup Market Size Market Share by Application (2021-2026)
Table 11. Global Men Rugby Cup Revenue by Player (2021-2026) & ($ millions)
Table 12. Global Men Rugby Cup Revenue Market Share by Player (2021-2026)
Table 13. Men Rugby Cup Key Players Head office and Products Offered
Table 14. Men Rugby Cup Concentration Ratio (CR3, CR5 and CR10) & (2024-2026)
Table 15. New Products and Potential Entrants
Table 16. Mergers & Acquisitions, Expansion
Table 17. Global Men Rugby Cup Market Size by Region (2021-2026) & ($ millions)
Table 18. Global Men Rugby Cup Market Size Market Share by Region (2021-2026)
Table 19. Global Men Rugby Cup Revenue by Country/Region (2021-2026) & ($ millions)
Table 20. Global Men Rugby Cup Revenue Market Share by Country/Region (2021-2026)
Table 21. Americas Men Rugby Cup Market Size by Country (2021-2026) & ($ millions)
Table 22. Americas Men Rugby Cup Market Size Market Share by Country (2021-2026)
Table 23. Americas Men Rugby Cup Market Size by Type (2021-2026) & ($ millions)
Table 24. Americas Men Rugby Cup Market Size Market Share by Type (2021-2026)
Table 25. Americas Men Rugby Cup Market Size by Application (2021-2026) & ($ millions)
Table 26. Americas Men Rugby Cup Market Size Market Share by Application (2021-2026)
Table 27. APAC Men Rugby Cup Market Size by Region (2021-2026) & ($ millions)
Table 28. APAC Men Rugby Cup Market Size Market Share by Region (2021-2026)
Table 29. APAC Men Rugby Cup Market Size by Type (2021-2026) & ($ millions)
Table 30. APAC Men Rugby Cup Market Size by Application (2021-2026) & ($ millions)
Table 31. Europe Men Rugby Cup Market Size by Country (2021-2026) & ($ millions)
Table 32. Europe Men Rugby Cup Market Size Market Share by Country (2021-2026)
Table 33. Europe Men Rugby Cup Market Size by Type (2021-2026) & ($ millions)
Table 34. Europe Men Rugby Cup Market Size by Application (2021-2026) & ($ millions)
Table 35. Middle East & Africa Men Rugby Cup Market Size by Region (2021-2026) & ($ millions)
Table 36. Middle East & Africa Men Rugby Cup Market Size by Type (2021-2026) & ($ millions)
Table 37. Middle East & Africa Men Rugby Cup Market Size by Application (2021-2026) & ($ millions)
Table 38. Key Market Drivers & Growth Opportunities of Men Rugby Cup
Table 39. Key Market Challenges & Risks of Men Rugby Cup
Table 40. Key Industry Trends of Men Rugby Cup
Table 41. Global Men Rugby Cup Market Size Forecast by Region (2027-2032) & ($ millions)
Table 42. Global Men Rugby Cup Market Size Market Share Forecast by Region (2027-2032)
Table 43. Global Men Rugby Cup Market Size Forecast by Type (2027-2032) & ($ millions)
Table 44. Global Men Rugby Cup Market Size Forecast by Application (2027-2032) & ($ millions)
Table 45. World Rugby Details, Company Type, Men Rugby Cup Area Served and Its Competitors
Table 46. World Rugby Men Rugby Cup Product Offered
Table 47. World Rugby Men Rugby Cup Revenue ($ million), Gross Margin and Market Share (2021-2026)
Table 48. World Rugby Main Business
Table 49. World Rugby Latest Developments
Table 50. Guinness Details, Company Type, Men Rugby Cup Area Served and Its Competitors
Table 51. Guinness Men Rugby Cup Product Offered
Table 52. Guinness Men Rugby Cup Revenue ($ million), Gross Margin and Market Share (2021-2026)
Table 53. Guinness Main Business
Table 54. Guinness Latest Developments
Table 55. Tri Nations Details, Company Type, Men Rugby Cup Area Served and Its Competitors
Table 56. Tri Nations Men Rugby Cup Product Offered
Table 57. Tri Nations Men Rugby Cup Revenue ($ million), Gross Margin and Market Share (2021-2026)
Table 58. Tri Nations Main Business
Table 59. Tri Nations Latest Developments
Table 60. Olympics Details, Company Type, Men Rugby Cup Area Served and Its Competitors
Table 61. Olympics Men Rugby Cup Product Offered
Table 62. Olympics Men Rugby Cup Revenue ($ million), Gross Margin and Market Share (2021-2026)
Table 63. Olympics Main Business
Table 64. Olympics Latest Developments
Table 65. Celtic Top 12 Details, Company Type, Men Rugby Cup Area Served and Its Competitors
Table 66. Celtic Top 12 Men Rugby Cup Product Offered
Table 67. Celtic Top 12 Men Rugby Cup Revenue ($ million), Gross Margin and Market Share (2021-2026)
Table 68. Celtic Top 12 Main Business
Table 69. Celtic Top 12 Latest Developments
Table 70. Olympics Aisa Details, Company Type, Men Rugby Cup Area Served and Its Competitors
Table 71. Olympics Aisa Men Rugby Cup Product Offered
Table 72. Olympics Aisa Men Rugby Cup Revenue ($ million), Gross Margin and Market Share (2021-2026)
Table 73. Olympics Aisa Main Business
Table 74. Olympics Aisa Latest Developments

List Of Figures

LIST OF FIGURES

Figure 1. Men Rugby Cup Report Years Considered
Figure 2. Research Objectives
Figure 3. Research Methodology
Figure 4. Research Process and Data Source
Figure 5. Global Men Rugby Cup Market Size Growth Rate (2021-2032) ($ millions)
Figure 6. Men Rugby Cup Sales by Geographic Region (2021, 2025 & 2032) & ($ millions)
Figure 7. Men Rugby Cup Sales Market Share by Country/Region (2025)
Figure 8. Men Rugby Cup Sales Market Share by Country/Region (2021, 2025 & 2032)
Figure 9. Global Men Rugby Cup Market Size Market Share by Type in 2025
Figure 10. Men Rugby Cup in Sports Industry
Figure 11. Global Men Rugby Cup Market: Sports Industry (2021-2026) & ($ millions)
Figure 12. Men Rugby Cup in Television Boardcasting
Figure 13. Global Men Rugby Cup Market: Television Boardcasting (2021-2026) & ($ millions)
Figure 14. Men Rugby Cup in Public Welfare
Figure 15. Global Men Rugby Cup Market: Public Welfare (2021-2026) & ($ millions)
Figure 16. Men Rugby Cup in Others
Figure 17. Global Men Rugby Cup Market: Others (2021-2026) & ($ millions)
Figure 18. Global Men Rugby Cup Market Size Market Share by Application in 2025
Figure 19. Global Men Rugby Cup Revenue Market Share by Player in 2025
Figure 20. Global Men Rugby Cup Market Size Market Share by Region (2021-2026)
Figure 21. Americas Men Rugby Cup Market Size 2021-2026 ($ millions)
Figure 22. APAC Men Rugby Cup Market Size 2021-2026 ($ millions)
Figure 23. Europe Men Rugby Cup Market Size 2021-2026 ($ millions)
Figure 24. Middle East & Africa Men Rugby Cup Market Size 2021-2026 ($ millions)
Figure 25. Americas Men Rugby Cup Value Market Share by Country in 2025
Figure 26. United States Men Rugby Cup Market Size Growth 2021-2026 ($ millions)
Figure 27. Canada Men Rugby Cup Market Size Growth 2021-2026 ($ millions)
Figure 28. Mexico Men Rugby Cup Market Size Growth 2021-2026 ($ millions)
Figure 29. Brazil Men Rugby Cup Market Size Growth 2021-2026 ($ millions)
Figure 30. APAC Men Rugby Cup Market Size Market Share by Region in 2025
Figure 31. APAC Men Rugby Cup Market Size Market Share by Type (2021-2026)
Figure 32. APAC Men Rugby Cup Market Size Market Share by Application (2021-2026)
Figure 33. China Men Rugby Cup Market Size Growth 2021-2026 ($ millions)
Figure 34. Japan Men Rugby Cup Market Size Growth 2021-2026 ($ millions)
Figure 35. South Korea Men Rugby Cup Market Size Growth 2021-2026 ($ millions)
Figure 36. Southeast Asia Men Rugby Cup Market Size Growth 2021-2026 ($ millions)
Figure 37. India Men Rugby Cup Market Size Growth 2021-2026 ($ millions)
Figure 38. Australia Men Rugby Cup Market Size Growth 2021-2026 ($ millions)
Figure 39. Europe Men Rugby Cup Market Size Market Share by Country in 2025
Figure 40. Europe Men Rugby Cup Market Size Market Share by Type (2021-2026)
Figure 41. Europe Men Rugby Cup Market Size Market Share by Application (2021-2026)
Figure 42. Germany Men Rugby Cup Market Size Growth 2021-2026 ($ millions)
Figure 43. France Men Rugby Cup Market Size Growth 2021-2026 ($ millions)
Figure 44. UK Men Rugby Cup Market Size Growth 2021-2026 ($ millions)
Figure 45. Italy Men Rugby Cup Market Size Growth 2021-2026 ($ millions)
Figure 46. Russia Men Rugby Cup Market Size Growth 2021-2026 ($ millions)
Figure 47. Middle East & Africa Men Rugby Cup Market Size Market Share by Region (2021-2026)
Figure 48. Middle East & Africa Men Rugby Cup Market Size Market Share by Type (2021-2026)
Figure 49. Middle East & Africa Men Rugby Cup Market Size Market Share by Application (2021-2026)
Figure 50. Egypt Men Rugby Cup Market Size Growth 2021-2026 ($ millions)
Figure 51. South Africa Men Rugby Cup Market Size Growth 2021-2026 ($ millions)
Figure 52. Israel Men Rugby Cup Market Size Growth 2021-2026 ($ millions)
Figure 53. Turkey Men Rugby Cup Market Size Growth 2021-2026 ($ millions)
Figure 54. GCC Countries Men Rugby Cup Market Size Growth 2021-2026 ($ millions)
Figure 55. Americas Men Rugby Cup Market Size 2027-2032 ($ millions)
Figure 56. APAC Men Rugby Cup Market Size 2027-2032 ($ millions)
Figure 57. Europe Men Rugby Cup Market Size 2027-2032 ($ millions)
Figure 58. Middle East & Africa Men Rugby Cup Market Size 2027-2032 ($ millions)
Figure 59. United States Men Rugby Cup Market Size 2027-2032 ($ millions)
Figure 60. Canada Men Rugby Cup Market Size 2027-2032 ($ millions)
Figure 61. Mexico Men Rugby Cup Market Size 2027-2032 ($ millions)
Figure 62. Brazil Men Rugby Cup Market Size 2027-2032 ($ millions)
Figure 63. China Men Rugby Cup Market Size 2027-2032 ($ millions)
Figure 64. Japan Men Rugby Cup Market Size 2027-2032 ($ millions)
Figure 65. Korea Men Rugby Cup Market Size 2027-2032 ($ millions)
Figure 66. Southeast Asia Men Rugby Cup Market Size 2027-2032 ($ millions)
Figure 67. India Men Rugby Cup Market Size 2027-2032 ($ millions)
Figure 68. Australia Men Rugby Cup Market Size 2027-2032 ($ millions)
Figure 69. Germany Men Rugby Cup Market Size 2027-2032 ($ millions)
Figure 70. France Men Rugby Cup Market Size 2027-2032 ($ millions)
Figure 71. UK Men Rugby Cup Market Size 2027-2032 ($ millions)
Figure 72. Italy Men Rugby Cup Market Size 2027-2032 ($ millions)
Figure 73. Russia Men Rugby Cup Market Size 2027-2032 ($ millions)
Figure 74. Egypt Men Rugby Cup Market Size 2027-2032 ($ millions)
Figure 75. South Africa Men Rugby Cup Market Size 2027-2032 ($ millions)
Figure 76. Israel Men Rugby Cup Market Size 2027-2032 ($ millions)
Figure 77. Turkey Men Rugby Cup Market Size 2027-2032 ($ millions)
Figure 78. Global Men Rugby Cup Market Size Market Share Forecast by Type (2027-2032)
Figure 79. Global Men Rugby Cup Market Size Market Share Forecast by Application (2027-2032)
Figure 80. GCC Countries Men Rugby Cup Market Size 2027-2032 ($ millions)