Categories
Sports

Global Market For Licensed Sports Merchandise To Reach Us$ 30 Bn By 2021-End

Commercialization of sports events and tournaments along with growing popularity of international sports leagues are providing a lift to overall demand for licensed sports merchandise. To improve the video game segment of licensed sports merchandise, manufacturers are spending on VFX technologies, so that in video games, virtual athletes look as similar as the athletes in real life and give users an overall better experience.

New and improved licensed merchandise are being introduced into the market. Recently, Nike introduced jerseys with tracker chips in them that collect data such as how many meters an athlete runs, what activities he/she has performed, and various other things. After the sporting activity, athletes can see the data on a smartphone, tablet, or computer and can use it to perform better going ahead.

For detailed insights on enhancing your product footprint, request for a sample here – https://www.factmr.com/connectus/sample?flag=S&rep_id=5800

Key Trends of Licensed Sports Merchandise Market

  • The sales of licensed sports merchandise market is anticipated to see growth of 2.5X by 2031.
  • As people are becoming more health conscious and indulging in more sports activities, sales of licensed sports merchandise is on the rise.
  • New advancements in market outlook of licensed sports merchandise will boost demand over the coming years.
  • Countries such as India, China, Japan, and Brazil are expected to become huge markets for licensed sports merchandise.

For critical insights on this market, request for methodology here – https://www.factmr.com/connectus/sample?flag=RM&rep_id=5800

  • Competitive analysis of Adventure sports merchandise will see huge growth in future.
  • Major sports leagues are one of the biggest driving factors for licensed sports merchandise.

Key Market Segments Covered

  • Product
    • Licensed Sports Apparel
    • Licensed Sports Footwear
    • Licensed Sports Accessories and Toys
    • Licensed Sports Video Games & Software
    • Licensed Sports Domestic and House Wear
    • Others
  • Distribution Channel
    • Online Licensed Sports Merchandise Sales
    • Licensed Sports Merchandise Sales through Offline Stores
    • Licensed Sports Merchandise Sales through Department Stores
    • Licensed Sports Merchandise Sales through Specialty Stores
    • Others

For in-depth competitive analysis, buy now – https://www.factmr.com/checkout/5800

Winning Strategy

Key market players have been spending on research & development to come up with newer ways to make products more user-friendly. Sporting goods manufacturers are spending billions of dollars to keep their logos on the jerseys of big sporting teams for better marketing purposes. As Liverpool is one of the biggest sporting teams in the world, recently, Nike paid a significant amount for the sponsorship of Liverpool’s sporting kit. By doing this, Nike has insured that it will get great publicity and marketing. Manufacturers such as Nike, Adidas, and others are spending a lot and have pledged to spend billions of dollars over the coming years so as to provide a real thrust to the development of the licensed sports merchandise industry.

Read More Trending and Similar Reports from Fact.MR – https://www.globenewswire.com/en/news-release/2019/01/28/1706082/0/en/eSports-Market-to-Surpass-US-6000-Million-by-2028-on-Back-of-Growing-Popularity-Among-Enthusiasts-Fact-MR.html

About Us:

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

Contact:

US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Email: sales@factmr.com
Visit Our Website: https://www.factmr.com

Categories
Uncategorized

Broadening Commercial Sports Popularity Spurring Demand for Licensed Sports Merchandise – Fact.MR Survey

The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Licensed Sports Merchandise market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Licensed Sports Merchandise

The report offers actionable and valuable market insights of Licensed Sports Merchandise. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Licensed Sports Merchandise Market across various industries and regions.

To remain ‘ahead’ of your competitors, request for a sample –  https://www.factmr.com/connectus/sample?flag=S&rep_id=5800

This newly published and insightful report sheds light on Market Insights of Licensed Sports Merchandise, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Licensed Sports Merchandise Market.

The global licensed sports merchandise market estimated a value of US$ 30 Bn in 2020. Backed by the mushrooming popularity of FIFA football world cup and T-20 World cup, the sports apparels like cricket kits, jerseys, caps, shoes etc. Over the forecast period, the market worth for licensed sports merchandise is projected to surpass US$ 59 Bn through 2031, following a CAGR of 7%.

Market Size (2021) US$ 30 Bn
Projected Value (2031) US$ 59 Bn
Value CAGR (2021-2031) 7%
Market Share of North America 34.5%

Licensed sports merchandise market forecast analysis by Fact.MR

Need more information about Report Methodology? Click here-  https://www.factmr.com/connectus/sample?flag=RM&rep_id=5800

Key Segments Covered

  • Product
    • Licensed Sports Apparel
    • Licensed Sports Footwear
    • Licensed Sports Accessories and Toys
    • Licensed Sports Video Games & Software
    • Licensed Sports Domestic and House Wear
    • Other Licensed Sports Merchandize Products
  • Distribution Channel
    • Online Licensed Sports Merchandise Sales
    • Licensed Sports Merchandise Sales through Offline Stores
      • Licensed Sports Merchandise Sales through Department Stores
      • Licensed Sports Merchandise Sales through Specialty Stores
    • Others

Licensed Sports Merchandise Market- Scope of Report

A recent study by Fact.MR on the licensed sports merchandise market offers a 10-year forecast for 2021 to 2031. The study analyzes crucial trends that are currently determining the growth of the market. This report explicates vital dynamics, such as the drivers, restraints, and opportunities for key market players along with key stakeholders as well as emerging associated with the manufacturing of licensed sports merchandise.

Full Access of this Exclusive Report is Available at-  https://www.factmr.com/checkout/5800

The study also provides the dynamics responsible for influencing the future status of the licensed sports merchandise market over the forecast period. A detailed assessment of value chain analysis, business execution, and supply chain analysis across regional markets has been covered in the report. A list of prominent companies operating in the licensed sports merchandise market, along with their product portfolios, enhances the reliability of this comprehensive research study.

Report Summary

The study offers a comprehensive analysis of diverse features, including production capacities, demand, product developments, revenue generation, and sales of licensed sports merchandise across the globe.

A comprehensive estimate of the market has been provided through an optimistic as well as a conservative scenario, taking into account the sales of licensed sports merchandise during the forecast period. Price point comparison by region with the global average price is also considered in the study.

Analysis on Market Size Evaluation

The market has been analyzed for each segment in terms of volume (units) and value (US$ Mn).

Estimates at global and regional levels for the licensed sports merchandise market are available in terms of “US$ Mn” for value and volume (units). A Y-o-Y growth contrast on prominent market segments, along with market attractiveness evaluation, has been incorporated in the report. Furthermore, absolute dollar opportunity analysis of all the segments adds prominence to the report.

Absolute dollar opportunity plays a crucial role in assessing the level of opportunity that a manufacturer/distributor can look to achieve, along with identifying potential resources, considering the sales and distribution perspective in the global licensed sports merchandise market.

Inspected Assessment on Regional Segments

Key sections have been elaborated in the report, which has helped deliver projections on regional markets. These chapters include regional macros (political, economic, and business environment outlook), which are expected to have a momentous influence on the growth of the licensed sports merchandise market during the forecast period.

Country-specific valuation on demand for licensed sports merchandise has been offered for each region, along with market scope estimates and forecasts, price index, and impact analysis of the dynamics of prominence in regions and countries. For all regional markets, Y-o-Y growth estimates have also been incorporated in the report.

Detailed breakup in terms of value & volume for emerging countries has also been included in the report.

In-depth Analysis on Competition Analysis

The report sheds light on leading manufacturers of the Licensed Sports Merchandise Market, along with their detailed profiles. Essential and up-to-date data related to market performers who are principally engaged in producing licensed sports merchandise have been brought with the help of a detailed dashboard view. Market share analysis and comparison of prominent players provided in the report permit report readers to take preemptive steps in advancing their businesses.

Company profiles have been included in the report, which includes essentials such as product portfolios and key strategies, along with an all-inclusive SWOT analysis on each player. Company presence is mapped and presented through a matrix for all the prominent players, thus providing readers with actionable insights, which helps in thoughtfully presenting the market status, and predicting the competition level in the licensed sports merchandise domain.

Key Takeaways from the Market Study

  • Global market for licensed sports merchandise to reach US$ 30 Bn by 2021-end
  • By product, demand for licensed sports footwear likely to incline at a CAGR of 7.3%
  • Over half of global licensed sports merchandise sales likely to be via offline stores
  • North America to emerge as an opportunistic market, capturing 34.5% market share
  • Asia to be the fastest growing market, registering a 7.6% CAGR to reach US$ 10.2 Bn

“Increasing popularity of commercial sporting events, owing to increasing adoption of cross-cultural fashion trends are expected to fuel the licensed sports merchandise market.” comments a Fact.MR analyst

Read More Trending Reports of Fact.MR-

https://www.einpresswire.com/article/556693095/advancements-in-the-technology-of-avionics-propels-the-business-aircraft-manufacturing-industry

Key Question answered in the survey of Licensed Sports Merchandise market report:

  • Sales and Demand of Licensed Sports Merchandise
  • Growth of Licensed Sports Merchandise Market
  • Market Analysis of Licensed Sports Merchandise
  • Market Insights of Licensed Sports Merchandise
  • Key Drivers Impacting the Licensed Sports Merchandise market
  • Which are the Key drivers impacted by Licensed Sports Merchandise market
  • Restraints Shaping Market Growth
  • Market Survey of Licensed Sports Merchandise

More Valuable Insights on Licensed Sports Merchandise Market

Fact.MR, in its new report, offers an unbiased Market Analysis of Licensed Sports Merchandise, Sales and Demand of Licensed Sports Merchandise, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.

Explore Fact.MR’s Comprehensive Coverage on Sports Domain:

Sports Optics Market -Forecast, Trend Analysis & Competition Tracking – Global Market Insights 2021 – 2031

Hybrid Bicycles Market – Forecast, Trend Analysis & Competition Tracking-Global Market Insights 2021 to 2031

Diving Board Market -Forecast, Trend Analysis & Competition Tracking-Global Market Insights 2021 to 2031

About Us:

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner. 

Contact:
US Sales Office :
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E-Mail: sales@factmr.com

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates