DUBAI, UAE, Aug. 29, 2023 /PRNewswire/ -- As per the latest report published by Kings Research, the global Sports Trading Cards Market valuation was recorded at USD 9.69 billion in 2022 and is anticipated to reach USD 20.48 billion by 2030, growing at a CAGR of 9.01% from 2023 to 2030. A key development driving the growth of the sports trading cards market is the widespread acceptance of Bitcoin as a payment method for online sports trading card purchases. The significant increase in the use of Bitcoin and other digital currencies as legal forms of payment is fueling market expansion.
Additionally, the industry is benefiting from advanced technical breakthroughs and ongoing innovations to accommodate changing consumer preferences. The rising penetration of smartphones, as well as the soaring use of technologies like blockchain, is foreseen to have a positive impact on the market's growth trajectory during the study timeframe.
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Competitive Landscape
The landscape for the global sports trading cards market is fragmented. Key firms are concentrating on several critical business tactics, including partnerships, mergers & acquisitions, product developments, and joint ventures, to increase their respective market shares across various geographies and diversify their product offerings. Most companies are focusing on expansion and investments, such as funding for R&D projects, the construction of additional factories, and supply chain improvement, which is also set to improve the competitive scenario.
The key market players in the market are:
- Futera
- Leaf Trading Cards, LLC
- The Upper Deck Company
- Ace Authentic
- Diamond Cards Online Store
- Athletes Unlimited
- TRISTAR Productions, Inc.
- PANINI S.P.A.
The global Sports Trading Cards Market is segmented as:
By Product
- Autograph Card
- Image Card
- Character Card
- Other
Uniqueness and High Value of Autograph Cards to Augment Growth
The autograph cards segment held the largest market share with a valuation of USD 3.96 billion in 2022 and is anticipated to continue its dominance through the forecast period. Sports trading cards signed by a professional athlete or player are known as autograph cards. These cards are rare and valuable to fans, which raises their market value. The increasing market value of sticker cards and on-card autograph cards has resulted in a surge in their demand, which is driving the sales of both types of cards. Their popularity is expected to remain high throughout the projected period, which is likely to contribute to overall market growth.
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By Application
- Association Football
- Baseball
- Basketball
- Boxing
- Cycling
- Cricket
- Others
Improved Fan Experience Offered by Association Football Generates Highest Revenue
The association football segment generated the highest valuation of USD 2.65 billion in 2021 and is estimated to reach USD 8.23 billion by 2030. Enhanced fan experience at stadiums with the help of cutting-edge technologies like video screens, high-speed Wi-Fi, and contactless payment choices, has bolstered consumer interest in association football. For football fans, these developments have improved the convenience, comfort, and immersion of watching games.
Additionally, youth programs and training facilities that support the potential for growth and development of aspiring football players have improved the level of competition and game standards, resulting in a surge in fans and supporters. Consequently, the revenue that football associations and clubs generate has increased significantly.
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Soaring Demand for Rare Sports Trading Cards Creates Growth Opportunities
The market for sports trading cards portrays great growth potential, largely due to the rising demand for rare and distinctive cards. Market participants are concentrating on inventing and launching new product offerings in response to this trend in order to meet the rising consumer demands.
Additionally, technical improvements are creating new expansion opportunities for market players, particularly owing to the boom of online marketplaces and the growing usage of e-commerce platforms. As a result, the market is speculated to record steady progress over the next few years. Notable advancements and new collaborations are projected to fuel this growth even further.
By Region
- North America
- Europe
- Asia-Pacific
- Middle East & Africa
- Latin America
Rising Popularity of Sports Trading Cards in North America to Propel Market Development
North America dominated the global sports trading cards market with a valuation of USD 5.9 billion in 2022 and is expected to grow at the fastest pace through the forecast period. A key factor facilitating the growth of the regional market is the growing popularity of sports and entertainment trading cards. Moreover, a change in consumer interest in card collecting with high product usage by teenagers and collectors who appreciate the sentimental and nostalgic aspects of their past is also likely to push industry growth.
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Key Points from TOC:
Chapter 1 Introduction Of The Global Sports Trading Cards Market
1.1 Market Definition
1.2 Market Segmentation
1.3 Research Timelines
1.4 Limitations
1.5 Assumptions
Chapter 2 Executive Summary
Chapter 3 Research Methodology
3.1 Data Collection
3.1.1 Secondary Sources
3.1.2 Primary Sources
3.1.3 Research Flow
3.2 Subject Matter Expert Advice
3.3 Quality Check
3.4 Final Review
3.5 Bottom-Up Approach
3.6 Top-down Approach
Chapter 4 Global Sports Trading Cards Market Outlook
4.1 Market Evolution
4.2 Overview
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.3.4 Challenges
4.4 Pricing Analysis
4.5 Porter's Five Forces Analysis
4.6 Value Chain Analysis
4.7 Macroeconomic Analysis
Chapter 5 Impact of Russia-Ukraine War
Chapter 6 Global Sports Trading Cards Market, By Product
Chapter 7 Global Sports Trading Cards Market, By Application
Chapter 8 Global Sports Trading Cards Market, By Geography
Chapter 9 North America
Chapter 10 Europe
Chapter 11 Asia-Pacific
Chapter 12 Middle East & Africa
Chapter 13 Latin America
Chapter 14 Global Sports Trading Cards Market Competitive Landscape
14.1 Overview
14.2 Key Developments
14.3 Key Strategic Developments
14.4 Company Market Ranking
14.5 Regional Footprint
14.6 Industry Footprint
Chapter 15 Company Profiles
15.1 Topps
15.1.1 Key Facts
15.1.2 Financial Overview
15.1.3 Product Benchmarking
15.1.4 Recent Developments
15.1.5 Winning Imperatives
15.1.6 Current Focus & Strategies
15.1.7 Threat from competition
15.1.8 SWOT Analysis
15.2 Futera
15.2.1 Key Facts
15.2.2 Financial Overview
15.2.3 Product Benchmarking
15.2.4 Recent Developments
15.2.5 Winning Imperatives
15.2.6 Current Focus & Strategies
15.2.7 Threat from competition
15.2.8 SWOT Analysis
15.3 Leaf Trading Cards, LLC
15.3.1 Key Facts
15.3.2 Financial Overview
15.3.3 Product Benchmarking
15.3.4 Recent Developments
15.3.5 Winning Imperatives
15.3.6 Current Focus & Strategies
15.3.7 Threat from competition
15.3.8 SWOT Analysis
15.4 PANINI S.P.A.
15.4.1 Key Facts
15.4.2 Financial Overview
15.4.3 Product Benchmarking
15.4.4 Recent Developments
15.4.5 Winning Imperatives
15.4.6 Current Focus & Strategies
15.4.7 Threat from competition
15.4.8 SWOT Analysis
15.5 The Upper Deck Company
15.5.1 Key Facts
15.5.2 Financial Overview
15.5.3 Product Benchmarking
15.5.4 Recent Developments
15.5.5 Winning Imperatives
15.5.6 Current Focus & Strategies
15.5.7 Threat from competition
15.5.8 SWOT Analysis
……..Continued
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