SPORTS TRADING CARD MARKET REPORT OVERVIEW

At a compound annual growth rate (CAGR) of 13.3%, the worldwide sports trading card industry is expected to reach USD 5 billion by 2033 from its estimated USD 1 billion in 2024.

A trading card, sometimes referred to as a collecting card, is a tiny card composed of thick paper or paperboard that usually contains additional information such as facts or trivia along with an image of a person, place, or object. Sports are the main topic of trading cards. Sports trading cards are different from non-sports trading cards because they are related to different video games, such as Pokémon. The game with the most unique cards is said to be the most popular, and it presently controls the majority of the sports trading card industry.

The market for sports trading cards is primarily driven by the notable technological improvements in the trading card industry. Online trading card games are becoming more and more popular, whether they are standalone online trading card games like Star Wars' Galaxies or a direct translation of offline trading card games like Chaotic.

COVID-19 Impact: Pandemic Hampered the Market Growth Owing to Lower Demand

Due to the unusual and startling global COVID-19 pandemic, demand for sports trading cards has been lower than expected in every location when compared to pre-pandemic levels. The market's expansion and demand reaching pre-pandemic levels when the pandemic is finished are the reasons for the abrupt increase in CAGR.

COVID-19 has affected the market overall, and as its effects spread, it has affected the growth rate for 2019–2020. Businesses and organizations are being forced by the COVID-19 problem to digitize operations and manage risk in order to give decision-makers trustworthy information and experiences. The dynamics of the market were affected by these factors.

Latest Trends

Significant Technical Advancements Are Driving Market Growth

Due to substantial technological improvements in the sports trading card industry, the global market for sports trading cards has experienced rapid expansion. Up to five trading-card licensees were involved in several ongoing sports leagues. With just one card maker, the four main sports leagues agreed to "exclusive" trading card partnerships. Currently, Topps and Upper Deck own the rights to the NHL, while Panini America has the NBA and NFL licenses. It is predicted that the vast population base in this industry, particularly in developed nations worldwide, will fuel the rise of the sports trading card market in the coming years. The study on the global sports trading card market offers a comprehensive analysis of the industry.

SPORTS TRADING CARD MARKET SEGMENTATION

• By Type

According to type, the market can be segmented into Physical Sport Trading Card, Digital Sport Trading Card etc. Physical Sport Trading Card will be the leading segment.

• By Sport Type Analysis

Based on application, the market can be divided into American Football, Baseball, Basketball, Association Football, Hockey, Others. American Football is anticipated to be the dominating segment.

Driving Factors

Technological Advancements Helping To Expand Markets

Due to the rising desire for new, contemporary, and antique cards and the development of new technologies, the sports trading card market is also expanding rapidly. During the anticipated period, traders have demonstrated incredibly excellent profits on sports card investments.

Increasing Number of Competitions to Foster Development
The market for sports trading cards is booming as a result of technological developments and a rise in consumer desire for new, contemporary, and historical cards. Additionally, sports card investing has demonstrated to offer traders incredibly remarkable profits along with an increase in the number of competitions with sizable prize pools that present profitable growth chances over the course of the anticipated term.

Restraining Factors

Increased Internet Gaming And Television Programming Are Limiting Industry Expansion

The development of the offline sports trading card market is limited by the rise in internet usage and the abandoning of sports cards. The reasons limiting the growth of the worldwide sports trading card market are lack of knowledge, rising sports card costs, and esports gambling.

Young children prioritize playing trading card games like Yu-Gi-Oh and Pokemon. As the players then have a piece of their jersey or their autograph, the kids' attention is shifting to playing video games. It is predicted that the growth of this shift among children and young people would be slow during the projection period. Additionally, the global market for sports trading cards may be constrained by rising sports card prices, a lack of consumer knowledge, and the danger of esports betting.

SPORTS TRADING CARD MARKET REGIONAL INSIGHTS

North America will continue to lead the segment

The largest market share was that of North America, followed by that of Europe. The popularity of sports and entertainment trading cards in North America will likely lead to an increase in interest in sports trading cards. Since the 1940s, collecting trading cards has been acknowledged as a pastime for sports lovers. Due to middle-aged Americans' growing interest in childhood pastimes like trading cards and nostalgia, North America is expected to increase its market share in the sports trading card industry.

Key Industry Players

Key Players Focus on Partnerships to Gain a Competitive Advantage

Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.

List Of Top Sports Trading Card Companies

• Panini
• Topps Company
• The Upper Deck Company
• Futera
• Leaf Trading Cards

Report Coverage

This research profiles a report with extensive studies that take into description the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, and restraints. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.