Sports Trading Card Market Size And Forecast
Sports Trading Card Market is growing at a moderate pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period i.e. 2021 to 2028.
The global Sports Trading Card market has witnessed strong growth owing to the significant technological advancements in the field of sports trading cards. Some sports leagues are constantly taking place and had up to five trading-card licensees. The four major sports leagues signed “exclusive” trading-card deals with just one card manufacturer. Both the NBA and the NFL’s current card partner is Panini America; Upper Deck has the license for the NHL and Topps for MLB. The huge population base presence in this field particularly in developed countries across the globe has estimated to drive the growth sports trading card market in the upcoming years. The Global Sports Trading Card Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Sports Trading Card Market Definition
A trading card also referred to as a collectible card is a small card, made of paperboard or thick paper, which normally contains an image of a person, place, or object (fictional or real) and a brief description of the picture, along with other text such as statistics, or trivia. Trading cards are majorly associated with sports; baseball cards are remarkably well-known. Cards dealing with other games like Pokémon are often categorized into separate categories from sports cards, known as non-sports trading cards. These often highlight comic book characters, cartoons, television series, and film stills. Cards designed specifically for playing games are named a distinct category, called sports trading cards. These games are mostly fantasy-based gameplay. These cards are a subtype of trading cards that focus on the artwork. The game with the highest number of unique cards is considered the most successful game and ranks number one in the sports trading card market.
Get | Download Sample Report @ https://www.verifiedmarketresearch.com/download-sample/?rid=118198&utm_source=Free&utm_medium=004
Sports trading cards appear in every sport possible, from the International/National Football League, National Basketball Association, Maj. League Baseball, and even covers many professional soccer leagues globally. Many of the sports trading cards that were used to manufacture with gum have now been replaced with die-cut hologram specialized cards. One of the most popular sports cards is the baseball card. The front of the card displays an image of the player with identifying information, but not limited to, the player`s name and team affiliation. The reverse of the cards displays statistics and/or biographical information. Sports trading cards find extensive applications in cricket, baseball, association football, boxing, cycling & others.
Global Sports Trading Card Market Overview
The global sports trading card market is principally driven by significant technological advancements in the field of trading cards. Also, the fast growth of emerging markets such as the Asia Pacific and the Middle East, and the rapid urbanization globally is boosting the market. China and India are among two of the biggest emerging markets, holding lucrative opportunities for business expansions across the sports trading card industry. The emergence of new markets in the developing countries is owing to the undergoing rapid urbanization and development has been the driving factor propelling the global sports trading card market. Moreover, Rapid technological advancements and continual innovations to keep pace with dynamic consumer preferences are working in favor of the market. Furthermore, the advent of global sports events such as the National Basketball Association, Maj. League Baseball, the National football league, and many more have opened the way in increasing sports sponsorships and increase in the number of Internet-accessible devices coupled with the emergence of multiple sports channels to capture viewership have positively anticipated in propelling the growth of the global sports trading card market.
There are certain limitations and obstacles faced that will hinder the overall market growth. The factors restraining the sports trading card are few of the collectors abandoned the sports cards, along with the people getting online as the internet exploded into popularity, which ultimately inhibits the growth of the offline sports trading card industry. Besides, small kids focusing on having trading card games such as Yu-Gi-Oh and Pokemon. The children are also shifting their focus towards playing video games as the players then have a piece of their jersey or their autograph. This shift among youth and children is estimated to sluggish growth during the forecast period. Further, increasing prices of the sports cards, less awareness, and the threat from esports gambling/ betting are the potential restraints hampering the overall growth of the global sports trading card market.
Nevertheless, the advancements in technologies and demand for new, recent, and vintage cards are seeing to have a boom in the sports trading card industry. Moreover, sports card investing has proven to show extremely impressive returns for traders coupled with an increasing number of events with large prize pools offer lucrative growth opportunities during the forecast period.
Global Sports Trading Card Market: Segmentation Analysis
The Global Sports Trading Card Market is segmented based on Type, Application, and Geography.
Ask For Report Details @ https://www.verifiedmarketresearch.com/product/sports-trading-card-market/?utm_source=Free&utm_medium=004
Sports Trading Card Market by Type
• Character Card
• Image Card
• Autograph Card
• Others
Based on Type, the market is bifurcated into Character Card, Image Card, Autograph Card & Others. Character card type segment in the global Sports Trading Card market holds the largest market share during the forecast period. Character cards are predominately used in almost all the sports for trading purposes. This card depicts all the basic information in desired manner. It consists if image, player details, attributes, and rank. The high usage of character card in major sports events is accelerating the demand for this segment.
Sports Trading Card Market by Application
• Cricket
• Baseball
• Basketball
• Association Football
• Boxing
• Cycling
• Others
Based on Application, the market is bifurcated into Cricket, Baseball, Basketball, Association Football, Boxing, Cycling & Others. Basketball segment in the global Sports Trading Card market is estimated to witness the highest CAGR during the forecast period. The growth of the segment is attributed to the increasing population interest towards basketball due to various international leagues such as NBA, EURO league, LBA Seria A, Chinese Basketball Association and many more. Also, growing partnerships of sports trading cards company with basketball associations is dominating this application.
Sports Trading Card Market by Geography
• North America
• Europe
• Asia Pacific
• Rest of the world
On the basis of Geography, the Global Sports Trading Card Market is classified into North America, Europe, Asia Pacific, and Rest of the world. North America reported the highest market share in the global Sports Trading Card market. The factors that can be attributed to increasing consumer spending on sports trading cards, presence of key market players. Whereas, Asia-pacific is estimated to witness the highest CAGR during the forecast period owing to factors such as business expansions opportunities and emerging markets in China and India due to rapid urbanization and development.
Key Players in Sports Trading Card Market
The “Global Sports Trading Card Market” study report will provide a valuable insight with an emphasis on the global market. The major players in the market are Ace Authentic, Donruss, Bowman Gum Company, Futera, Leaf International, Panini, Topps Company, Tristar Productions, Upper Deck Company, and Wonder Bread.
The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
For More Information @ https://www.verifiedmarketresearch.com/download-sample/?rid=118198&utm_source=Free&utm_medium=004
About us –
Verified Market Research is a leading Global Research and Consulting firm that has been providing advanced analytical research solutions, custom consulting and in-depth data analysis for 10+ years to individuals and companies alike that are looking for accurate, reliable and up to date research data and technical consulting. VMR offers insights into strategic and growth analyses, Data necessary to achieve corporate goals and help make critical revenue decisions.
Our research studies help our clients make superior data-driven decisions, understand market forecasts, capitalize on future opportunities and optimize efficiency by working as their partner to deliver accurate and valuable information. The industries we cover span over a large spectrum including Technology, Chemicals, Manufacturing, Energy, Food and Beverages, Automotive, Robotics, Packaging, Construction, Mining & Gas. Etc.
We, at Verified Market Research assist in understanding holistic market indicating factors and most current and future market trends. Our analysts, with their high expertise in data gathering and governance, utilize industry techniques to collate and examine data at all stages. They are trained to combine modern data collection techniques, superior research methodology, subject expertise and years of collective experience to produce informative and accurate research.
Having serviced over 5000+ clients, we have provided reliable market research services to more than 100 Global Fortune 500 companies such as Amazon, Dell, IBM, Shell, Exxon Mobil, General Electric, Siemens, Microsoft, Sony and Hitachi. We have co-consulted with some of the world’s leading consulting firms like McKinsey & Company, Boston Consulting Group, Bain and Company for custom research and consulting projects for businesses worldwide.
Contact us:
Mr. Edwyne Fernandes
Verified Market Research
US: +1 (650)-781-4080
UK: +44 (753)-715-0008
APAC: +61 (488)-85-9400
US Toll-Free: +1 (800)-782-1768
Website:- https://www.verifiedmarketresearch.com/
Email:
[email protected]
Try Our New Dashboard :- https://www.verifiedmarketresearch.com/dashboard/?utm_source=Free&utm_medium=004