$426 billion collectibles market to grow by 2023: Sports, toys, art, trading cards and NFT collectibles are key products: Says Market Decipher
PUNE, India, 12 December 2022 /PRNewswire/ — The new report “Collectibles Market Size, Statistics, Trends Analysis and Forecast Report, 2022-2032” shows insights and data published by Market Decipher. The size of the collectibles market was estimated at 426 billion dollars in 2022 and is expected to cross 1 trillion dollars by 2032. The report consists of Sports Memorabilia Market, Sports NFT Market, Art Collectibles Market, Sports Trading Cards Market and Toy/Animation Collectibles Market.
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“The industry’s growth prospects will be boosted by an increase in the disposable income of the customer which has encouraged them to spend more money on collectibles. Market Decipher reveals that the significant increase in the global collectibles market can be attributed to the rising economic condition and emerging e-commerce platforms. The growing interest of the Americans in collecting luxury items and the increase in retail opportunities in the collectibles market is boosting the market growth in the North American region.“
– Chandradeep Singh
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This report provides in-depth insights into key segments, product specifications and analysis, changing trends and assesses key functions such as gross margin, revenue and costs. It provides key statistics on the market status of the collectibles manufacturers, highlighting influential leading players, market scope and key developments. The report also provides a telescopic overview of opportunities and constraints while projecting the growth matrix and global development with regional insights, providing noteworthy data for future events, mergers and acquisitions with trending innovation and business policy and the market environment in this market.
Sports Memorabilia Collectibles Market
The global sports memorabilia market is expected to reach 227.2 billion dollars by 2032, up from 26.1 billion dollars in 2021.
Sports collectibles and memorabilia have become big business thanks to online auctions and e-commerce sites. It is the most popular sports collectible when it comes to sports memorabilia. Many acquire sports memorabilia out of admiration for their childhood heroes.
Top players in the Sports Memorabilia Collectibles Market are The Topps Company, Inc. (Topps), Futera Limited, The Upper Deck Company, Leaf Trading Cards, Panini SPA, Fanatics, Inc., Press Pass Collectibles (Ppc), Tristar Productions, Inc., Gameday Sports & Memorabilia, Bench Warmer, 757 Sports Collectibles, Sportscollectibles.Com, Rittenhouse Archives Ltd., Olx Global Bv
Sports Memorabilia Market Industry Segmentation by Type (Figures (Bobble Head & Statues), Hats & Caps, Jersey, Apparel & Uniforms (Jersey & Sneakers), Flags & Banners, Bats (All Types), Balls (All Types), Prints & Posters & Other Sports Equipment )
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Sports NFT Market
The Sports NFT Market is expected to reach 41.6 billion dollars by 2032, up from 1.4 billion dollars in 2021.
The potential to display status drives demand for sports NFTs; the rarer the NFT, the greater the market value. Collectors and fans have spent a lot of money on digital tokens in the video game industry. Manufacturers can build very high priced single issue sports NFTs or multiple lower priced sports NFTs, as the number of sports NFTs produced is determined by the manufacturer.
Top Players for Sports NFT Market are OpenSea, NBA Top Shot, Rarible, Aetsoft, Enjin, Accubits, Nifty Gateway, AirNFTs, Sorare, Dibbs, Crypto.com, Fanzone Sports Club, The Ballman Project, Blockchain Brawlers, Mintable
Sports NFTs Market Industry Segmentation by NFT Collectibles Type (Trading Card NFTs Market, Memorabilia NFTs, Collectible NFTs)
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Art collectibles Market
The vast majority of artists and wealthy buyers dominate the NFT art market. Given the high consignor attitude and strong expected demand, some collectors generate liquidity by selling their art at a time when the market is predicted to be favorable. Other collectors use art loans to free up funds from their collections, possibly to acquire additional work, grow their business or achieve a charitable goal, while keeping their art on display in their homes.
Top players for Art Collectibles Market are Art Galleria, ArtBase, ArtBinder, ArtCloud, ArtFundi, Artlogic, Artlook Software, GallerySoft, IT gallery, Managed Artwork, Masterpiece Manager, My online art galleryPrimaSoft PC, Primer and Spinnsoft Gallery
Art Collectibles Industry Segmentation by Type (Artifacts (Manuscripts, Decorative Arts and Others), Sculptures)
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Sports Trading Cards Market
The Sports Trading Card market was estimated at USD 12,927.3 million in 2021 and is expected to reach a market value of USD 49,373.2 million by 2032.
Trading card innovations boost the global sports trading card market. Increasing urbanization and rapid expansion in emerging areas such as e.g Middle East and Asia Pacific drives growth in the sports industry. IN India and Chinatwo of the largest growing countries, there are several opportunities for business development in the sports trading card sector.
Top Players of Sports Trading Cards Market are Futera, Leaf Trading cards, Panini SPA, Topps., Upper Deck Company, Tristar Productions, Bowman Gum Company, Ace Authentic, Wonder Bread, Donruss
Sports Trading Cards Industry Segmentation by Type (Character Cards, Picture Cards, Autograph Cards, Others)
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Toy/animation market for collectibles
The Toy collectibles Market was estimated at USD 12.5 billion in 2021 and is expected to reach a market value of USD 35.3 billion by 2032
Internet connectivity and digital content in the entertainment industry is driving growth in the toy collectibles market. The number of toys linked to movies and TV shows is expected to skyrocket in the coming years, thanks to both offline and internet distribution methods. Furthermore, e-commerce and increasing urbanization are driving market expansion.
Top Players in Toy Collectibles Market are Mattel, Inc., The Lego Group, HASBRO, Inc., HASBRO, Inc., MGA Entertainment, Inc., FUNKO, Spin Master, WOWEE, MOOSE, Storm Collectibles, National Entertainment Collectibles, Happy Worker Inc ., JADA Toys Inc.
Industry Segmentation for Toys and Games Collectibles Market by Type (Collectibles (Collectable Dolls, Bobble Head, Action Figures, Other Figures, Other Collectibles), Collectibles Games)
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Recent developments
- IN December 2022Fanatics, a sports platform i the United Stateshas secured 700 million dollars in a new fundraising round led by private equity firm Clearlake Capital, which values the company at 31 billion dollars.
- IN December 2022Upper Deck, the world’s leading supplier of entertainment and sports memorabilia, signed a long-term agreement extension with hockey phenomenon Connor McDavid. The firm will continue to be the exclusive producer of authorized collectibles, trading cards and memorabilia bearing McDavid’s image and autograph under the new agreement.
- IN November 2022, Lionel Messisoccer star, has joined Sorare, the French non-fungible token trading game, as an investor and brand ambassador.
- IN December 2022Triller, the premier AI-powered creative platform and owner of martial arts brands such as Triller Fight Club and BKFC, and Epik, producer of the world’s best digital products and NFTs, are excited to announce the Showdown NFT Collection will be available on Binance NFT at December 10.
- IN July 2022GodLike Esports entered into an exclusive, first-of-its-kind strategic agreement with Bengaluru-headquartered esports fan engagement startup STAN to enable them to offer official licensed digital collectibles for the GodLike BGMI team’s fans and followers.
- IN June 2022Three Denver-area craft beer companies – Resolute Brewing Company, Denver Beer Company and Great Divide Brewing Company – have teamed up for a timely entry into the NFT game, offering a unique NFT tied to a real benefit.
- IN June 2022Global e-commerce firm, eBay Inc, has announced that it has acquired a UK-based non-fungible token (NFT) marketplace, Known Origin, to push further into digital collectibles.
- IN July 2022, Facebook began testing a brand new digital collectibles site with a small group of manufacturers in the US. The news has given another sip of energy drink crypto and the NFT market.
- IN December 2022Arena Club, the trading card business of the More York Yankees legend Derek Jeter, received new capital to grow. M13 Ventures Management led 10 million dollars round, including participation from Defy.VC, Elysian Park Ventures, Lightspeed Ventures and BAM Ventures.
- IN December 2022introduced Prospex a game that allows avid college sports fans to buy, trade and collect digital trading cards to show their support for prospective college players choosing their school.
- IN August 2022TCG Player, an online marketplace that has recently expanded its sports card products, has agreed to be acquired by eBay in a deal for up to 295 million dollars. The transaction is planned to be completed in the first quarter of 2023, subject to conditions. The TCG player will continue to operate independently once the transaction is complete.
- IN November 2022Mattel is launching a new marketplace for non-fungible tokens (NFTs) as part of efforts to expand the digital collectibles business. Mattel Creations, the company’s direct-to-consumer e-commerce platform, is getting an NFT marketplace.
- IN November 2022Hot Toys Collectibles unveiled its latest action figure, based on Johnny Silverhand from Cyberpunk 2077, made by Keanu Reeves. Hot Toys Collectibles debuted its newest collectible, a 12-inch Johnny Silverhand, on Instagram.
- IN December 2021, Various sports NFT platforms are developing new features around NFTs. The NFLPA is partnering with DraftKings to launch the NFL’s digital fantasy football league, GreenPark is exploring NFTs for social gaming, and SportsIcon has launched documentary-style NFTs.
Main reports:
- Estimate/forecast/forecast of revenue (2022 – 2032)
- Data overview for each industry segment (2022 – 2032)
- Gross margin and profitability analysis of companies
- The impact of COVID-19 on the collectibles market
- Business trend and expansion analysis
- Competitive analysis/market share
- Product innovation entry
- Customer list and case studies
- Market entry strategy
Customized reports focused on specific products in the Collectibles Market can be purchased according to the customer’s request.
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SOURCE MarketDecipher.com