(MENAFN- IMARC Group)
The latest report by IMARC Group, titled“ Licensed Sports Merchandise Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032 “, The global licensed sports merchandise market size reached US$ 32.4 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 44.1 Billion by 2032, exhibiting a growth rate (CAGR) of 3.4% during 2024-2032.
Licensed sports merchandise refers to various sports-related equipment and clothing items that are endorsed or signed by a sportsperson or imprinted with the logo of a sports club. It comprises a wide variety of sports gear, such as cricket bats, baseball bats, footballs, basketballs, and rackets. It also includes various apparel items like t-shirts, jerseys, caps, and gloves designed for men, women, and children and available in a wide variety of colors and sizes. It is manufactured by various licensing organizations that pay a certain fee or royalty to the sports entities for acquiring the copyright of their logos, designs, and signatures.
For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/licensed-sports-merchandise-market/requestsample
Licensed Sports Merchandise Market Trends and Drivers:
At present, the increasing demand for licensed sports merchandise due to the rising number of sports enthusiasts around the world represents one of the primary factors influencing the market positively. Besides this, the growing conduction of various regional and international sports leagues and matches is offering a favorable market outlook. In addition, the increasing number of e-commerce brands and distribution channels selling a wide range of limited-edition authentic sports merchandise is propelling the growth of the market. Apart from this, the rising adoption of marketing campaigns for the promotion of licensed sports products through celebrity endorsements around the world is contributing to the growth of the market.
The report has segmented the market into the following categories:
Breakup by Product Type:
Apparel and Footwear Accessories and Gifts Toys and Games Others
Breakup by Distribution Channel:
Online Stores Supermarkets and Hypermarkets Departmental Stores Specialty Stores Others
Breakup by Price Range:
Breakup by End-User:
Market Breakup by Region:
North America (United States, Canada) Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others) Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others) Latin America (Brazil, Mexico, Others) Middle East and Africa
Competitive Landscape with Key Player:
Adidas AG Columbia Sportswear Dick's Sporting Goods Inc. Fanatics Inc. G-III Apparel Group Ltd. Hanesbrands Inc. Nike Inc. Prada Puma SE Sports Direct International Plc Under Armour Inc. VF Corporation
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
134 N 4th St. Brooklyn, NY 11249, USA
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145 |United Kingdom: +44-753-713-2163
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.