New York, United States, April 22, 2024 (GLOBE NEWSWIRE) -- The Global Sports Trading Cards Market Size is to Grow from USD 12,983.53 Million in 2023 to USD 27,584.82 Million by 2033, at a Compound Annual Growth Rate (CAGR) of 7.83% during the projected period.
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A trading card, also known as a collecting card, is a smaller-sized card made of paperboard or thick paper that frequently contains a photograph of a person, location, or item (fictional or real) as well as supplementary text, such as statistics or trivia. Sports trading cards are unique cards designed specifically for sports. An increase in the number of twenty- to thirty-year-olds consumers globally, along with a high spending limit, is predicted to drive market expansion. A rise in web traffic and an increasing number of gamers are expected to fuel market expansion. A surge in millennial spending, combined with increasing investment by key industry participants, is likely to drive market growth. Trading card games have grown in popularity, and a growing part of the public prefers to play online games. Expanded industrialization and a surge in tablet and mobile phone users, together with widespread acceptance of portable gaming, are projected to drive market growth in the years ahead. Sports trading card games are projected to grow in popularity due to their high demand for skill development. However, the reasons for the worldwide sports trading card market's slow growth are a lack of awareness, rising sports card costs, and esports gambling.
Browse key industry insights spread across 200 pages with 110 Market data tables and figures & charts from the report on the "Global Sports Trading Cards Market Size, Share, and COVID-19 Impact Analysis, By Type (Character Card, Image Card, Autograph Card), By Sales Channel (Online, Offline), By Application (Cricket, Baseball, Basketball, Football, Boxing, Cycling, Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033."
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The autograph card segment is expected to hold the largest share of the global sports trading cards market during the anticipation timeframe.
Based on the type, the global sports trading cards market is categorized into character card, image card, and autograph card. Among these, the autograph card segment is expected to hold the largest share of the global sports trading cards market during the anticipation timeframe. This is because the autograph represents the signer's direct connection to the recipient, it carries more personal, emotional, and artistic weight. There are various types of autographed sports trading cards, such as sticker autograph cards and on-card signature cards.
The online segment is expected to grow at the fastest CAGR during the anticipation timeframe.
Based on the sales channel, the global sports trading cards market is categorized into online, and offline. Among these, the online segment is expected to grow at the fastest CAGR during the anticipation timeframe. It's more than just convenience and lower prices; it's a superior overall option that creates an international marketplace where anyone can find the rarest of rare cards.
The football segment is expected to hold a significant share of the global sports trading cards market during the anticipation timeframe.
Based on the application, the global sports trading cards market is categorized into cricket, baseball, basketball, football, boxing, cycling, and others. Among these, the football segment is expected to hold a significant share of the global sports trading cards market during the anticipation timeframe. The construction of youth programs and training facilities to promote aspiring football players' growth and development potential has increased competition and game standards, attracting more fans and spectators. As a result, football associations and clubs have experienced a significant increase in revenue.
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North America is projected to hold the largest share of the global sports trading cards market over the anticipation timeframe.
North America is projected to hold the largest share of the global sports trading cards market over the anticipation timeframe. Expanded industrialization and a surge in tablet and mobile phone users, as well as widespread portable gaming use, are likely to propel market expansion. The game's reception, which assists in the development of mind capacity, fixation, and center, is expected to boost the growth of the trading card game market in the approaching years.
Asia Pacific is expected to grow at the fastest CAGR growth of the global sports trading cards market during the anticipation timeframe. The increasing number of cell phone users, together with expanding economies, is predicted to fuel industry expansion. An rise in web traffic and an increasing number of gamers are expected to fuel market expansion.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the global market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market. Major vendors in the global sports trading cards market are Blizzard Entertainment, Bushiroad, CyberAgent, Inc, Fantasy Flight Games, Hasbro Inc., eBay, Panini, Topps Company, The Upper Deck Company, Futura, Leaf Trading Cards, Konami Holdings Corporation, Bandai, Legend Story Studios, and Others.
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Recent Developments
- In November 2023, eBay Inc., a global commerce company that connects millions of sellers and buyers across the world, and COMC, an innovator in the sports trading card industry, have announced a commercial agreement to help the hobby expand.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global sports trading cards market based on the below-mentioned segments:
Global Sports Trading Cards Market, By Type
- Character Card
- Image Card
- Autograph Card
Global Sports Trading Cards Market, By Sales Channel
- Online
- Offline
Global Sports Trading Cards Market, By Application
- Cricket
- Baseball
- Basketball
- Football
- Boxing
- Cycling
- Others
Global Sports Trading Cards Market, By Regional
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- Uk
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
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