DUBLIN, Jan. 14, 2022 /PRNewswire/ — The “Licensed Sports activities Merchandise – World Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com‘s providing.
World Licensed Sports activities Merchandise Market to Attain US$27.2 Billion by the 12 months 2026
World marketplace for Licensed Sports activities Merchandise estimated at US$22.3 Billion within the 12 months 2020, is projected to achieve a revised measurement of US$27.2 Billion by 2026, rising at a CAGR of three.4% over the evaluation interval. Attire & Footwear, one of many segments analyzed within the report, is projected to develop at a 4% CAGR to achieve US$10.4 Billion by the top of the evaluation interval.
After an intensive evaluation of the enterprise implications of the pandemic and its induced financial disaster, development within the Toys & Video games section is readjusted to a revised 3% CAGR for the subsequent 7-year interval. This section presently accounts for a 22.2% share of the worldwide Licensed Sports activities Merchandise market. Sports activities attire & footwear represents the main section, pushed by the large inhabitants’s rising inclination in the direction of routine and health exercises.
Merchandise footwear licensed by celebrities equivalent to LeBron James and Michael Jordan have gained elevated recognition amongst city customers worldwide. The sports activities toys & equipment section is anticipated to develop quickly because of the developments in expertise like 3D printing in a variety of sports activities equipment improved the product look inflicting an elevated the 3D printed licensed demand for sports activities balls, keychains, crew flags, and superstar figures.
Efficient sports activities advertising implementation assists in achieving organizations` and sports activities golf equipment` monetary success. Sports activities tournaments and occasions commercialization have stimulated development within the sports activities merchandise market. The state and authorities authorities are investing extensively in sports activities merchandise because of the authorities authorities` want to advertise sports activities occasions.
Over the previous years, rise in sports activities participation resulting from rising consciousness relating to well being, whereby there’s improve in bodily exercise, is fueling demand for licensed sports activities manufacturers. The enlargement of sports activities to totally different areas and rising media protection for various sports activities has propelled the market development of sports activities merchandise.
The launch of a number of sporting leagues and rising fan participation prompted the sports activities sector to be the powerhouse of numerous alternatives and untapped avenues. Endurance sports activities, too, paved a robust platform for sports activities fans to grip a wide range of sports activities items, thus accelerating the market development of licensed sports activities merchandise.
The U.S. Market is Estimated at $5.4 Billion in 2021, Whereas China is Forecast to Attain $4.1 Billion by 2026
The Licensed Sports activities Merchandise market within the U.S. is estimated at US$5.4 Billion within the 12 months 2021. The nation presently accounts for a 23.7% share within the international market. China, the world’s second largest economic system, is forecast to achieve an estimated market measurement of US$4.1 Billion within the 12 months 2026 trailing a CAGR of 4.2% by way of the evaluation interval.
Among the many different noteworthy geographic markets are Japan and Canada, every forecast to develop at 2.6% and three% respectively over the evaluation interval. Inside Europe, Germany is forecast to develop at roughly 2.9% CAGR whereas Remainder of European market (as outlined within the research) will attain US$1.4 Billion by the top of the evaluation interval.
North America represents the main regional marketplace for licensed sports activities merchandise, primarily because of the excessive recognition of high sports activities like soccer, basketball and baseball particularly amongst school and college stage college students. Additionally benefiting market development is the lively life being pursued by individuals and the rising adoption of well being and health actions, which is fueling development in demand for sports activities items and licensed sports activities merchandise.
Asia-Pacific is anticipated to be the quickly rising licensed sports activities merchandised market, because of the rising recognition of various worldwide sports activities amongst youngsters and elevated adoption of trend tendencies of cross-culture are anticipated to spice up the market development of licensed sports activities merchandise within the Asia-Pacific area.
Equipment & Presents Phase to Attain $5 Billion by 2026
Within the international Equipment & Presents section, USA, Canada, Japan, China and Europe will drive the three.3% CAGR estimated for this section. These regional markets accounting for a mixed market measurement of US$2.8 Billion within the 12 months 2020 will attain a projected measurement of US$3.6 Billion by the shut of the evaluation interval.
China will stay among the many quickest rising on this cluster of regional markets. Led by nations equivalent to Australia, India, and South Korea, the market in Asia-Pacific is forecast to achieve US$810.4 Million by the 12 months 2026, whereas Latin America will develop at a 3.7% CAGR by way of the evaluation interval.
Key Subjects Coated:
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Impression of COVID-19 Pandemic and Looming World Recession
- 2020: A 12 months of Disruption & Transformation
- Because the Race between the Virus & Vaccines Intensifies, The place is the World Financial system Headed in 2021?
- Social Distancing, Restrictions on Tourism, and Decimated Client Confidence Convey Down the Sports activities Items Business
- Impression of COVID-19 Pandemic on Licensed Sports activities Merchandise
- COVID-19’s Impression on the Licensed Sports activities Attire Business
- An Introduction to Licensed Sports activities Merchandise
- World Market Prospects & Outlook
- Sports activities Attire & Footwear: The Main Product Kind
- On-line Gross sales of Licensed Sports activities Merchandise Poised for Excessive Progress
- Developed Areas Lead, Creating Economies to Increase Lengthy-term Progress
- Current Market Exercise
2. FOCUS ON SELECT PLAYERS (Whole 62 Featured)
- eBay Inc.
- Everlast Worldwide, Inc.
- Knights Attire, Inc.
- Li Ning Firm Restricted
- Newell Manufacturers
- Nike, Inc.
- Prada SpA
- PUMA SE
- Fast Silver, Inc.
- Ralph Lauren Company
- Sports activities Direct Worldwide PLC
- VF Company
3. MARKET TRENDS & DRIVERS
- Focus of Manufacturers on Curbing Counterfeiting of Sports activities Items Drives Market Progress
- Rise in Variety of Sports activities Lovers and Rising Participation in Sports activities & Health Actions Fuels Demand for Licensed Merchandise
- Rising Investments in Sports activities Licensing Worldwide: Alternative for Progress
- Booming On-line Retail Sector Presents Profitable Alternatives for Licensed Sports activities Merchandise
- Steady Progress in Variety of Sports activities Leagues Augurs Nicely for the Market
- Increasing Leisure Business Drives Pattern In the direction of Advertising and marketing of Sports activities as Leisure
- Reputation of Athleisure Spurs Progress Outlook for Licensed Sports activities Merchandise
- Licensing Wants a Shot within the Arm in Sports activities Footwear Market
- Licensed Sports activities Video Video games Poised for Robust Progress
- Merchandise Shops Adapt to the New Regular to Revive Gross sales
- Standard Sponsorship Offers More likely to Change into License-Centered
- Rising Position of NFTs in Sports activities Licensing
- Regulatory Frameworks for Sporting Occasions and Sports activities Leagues/Groups Impression Market Dynamics
- Widespread Implementation of Efficient Sports activities Advertising and marketing Methods to Drive Features for Merchandise Gross sales
4. GLOBAL MARKET PERSPECTIVE
III. REGIONAL MARKET ANALYSIS
- Whole Firms Profiled: 62
For extra details about this report go to https://www.researchandmarkets.com/r/s5z72e
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