Global Licensed Sports Merchandise

Licensed Sports Merchandise Market Size, Share, Growth Analysis, By Product, By Distribution, By End User, By Region - Industry Forecast 2024-2031

Report ID: SQMIG25K2075 | Region: Global | Published Date: December, 2024
Pages: 271 | Tables: 93 | Figures: 76

Licensed Sports Merchandise Market News

  • In September 2022, South Africa Rugby Union and Nike.Inc inked a six-year collaboration agreement. (SARU). The first new set of Springboks jerseys from Nike will be debuted in July 2023, and the arrangement covers the Rugby World Cups for men in 2023 and 2027.
  • In June 2022, In India, Puma SE released their first specific app. Puma published their app in India before it was available elsewhere in order to capitalize on the rising demand for branded athletic apparel and equipment there.
$5,300
BUY NOW GET FREE SAMPLE
Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

Global Licenced Sports Merchandise Market size was valued at USD 33.1 billion in 2022 and is poised to grow from USD 34.9 billion in 2023 to USD 52.7 billion by 2031, growing at a CAGR of 5.3% during the forecast period (2024-2031). 

The main competitors in the global licensed sports market for officially licensed sports memorabilia concentrate on diversifying and extending the scope of their product offerings. The main tactics used by the major companies are mergers and acquisitions. Manufacturers are offering robust services to outperform rivals in the marketplace. 'Nike, Inc. (United States) ', 'Fanatics, Inc. (United States) ', 'Adidas (Germany) ', 'PUMA SE (Germany) ', 'New Era (United States) ', '47 Brand (United States) ', 'Under Armour, Inc. (United States) ', 'DICK's Sporting Goods (United States) ', 'Sports Direct International plc (United Kingdom) ', 'VF Corporation (United States) ', 'Lids (United States) ', 'Forever Collectibles (United States) ', 'Top of the World (United States) ', 'Mitchell & Ness (United States) ', 'Ryderwear (Australia) ', 'JD Sports Fashion plc (United Kingdom) ', 'Foot Locker, Inc. (United States) ', 'Hibbett Sports, Inc. (United States) ', 'The Fanatics Group (United States) ', 'Eastern Athletic (United States) '

Sports continue to be a popular form of entertainment and leisure activity worldwide, leading to a growing demand for licensed sports merchandise.

An increase in the buying of officially licensed sports gear is a result of people's rising participation in sports. Since the previous ten years, there has been a steadily increasing increase in sports participation due to the demand for additional entertainment as well as growing health consciousness. The market has grown as a result of various sports' geographic development into different locations and the expanding media coverage of those same sports. The creation of numerous sports leagues and a growth in fan participation have transformed the sports industry into a powerhouse of uncharted territories and countless potential. As more people join the working class, a sizable portion of them are more inclined to participate in sports and fitness as a form of recreation, which is again related to shifting lifestyle trends.

Asia Pacific is predicted to grow at the fastest rate during the projected period, exhibiting a 5.3% CAGR from 2023 to 2030, due to an increase in young acceptance of worldwide fashion trends and the popularity of several international sports.

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

Click here right-arrow
logo-images

Related Reports

Sports Apparel Market
Buy Now GET FREE SAMPLE
Sports Equipment and Apparel Market
Buy Now GET FREE SAMPLE
Sportswear Market
Buy Now GET FREE SAMPLE
Basketball Gear Market
Buy Now GET FREE SAMPLE
Snow Sports Apparel Market
Buy Now GET FREE SAMPLE
Sports Trading Card Market
Buy Now GET FREE SAMPLE
Sports Protective Equipment Market
Buy Now GET FREE SAMPLE
Sports Footwear Market
Buy Now GET FREE SAMPLE

Feedback From Our Clients

Global Licensed Sports Merchandise

Report ID: SQMIG25K2075

$5,300
BUY NOW GET FREE SAMPLE