What will be the market size of the licensed sports merchandise market in the coming years?
The licensed sports merchandise market is poised for steady growth in the coming years, building on its strong foundation as a popular segment of the global sports industry. In 2024, the market size reached USD 33.5 billion, driven by fan enthusiasm for officially branded apparel, accessories, and collectibles. Looking ahead, it is projected to expand to USD 44.7 billion by 2033, with a compound annual growth rate (CAGR) of 3.2% from 2025 to 2033. This growth is fueled by increasing sports fandom, the rise of e-commerce, and strategic partnerships between leagues, teams, and brands, ensuring that licensed sports merchandise remains a lucrative and evolving market through the next decade.
Read the full report here: https://www.imarcgroup.com/licensed-sports-merchandise-market
The licensed sports merchandise market is poised for steady growth in the coming years, building on its strong foundation as a popular segment of the global sports industry. In 2024, the market size reached USD 33.5 billion, driven by fan enthusiasm for officially branded apparel, accessories, and collectibles. Looking ahead, it is projected to expand to USD 44.7 billion by 2033, with a compound annual growth rate (CAGR) of 3.2% from 2025 to 2033. This growth is fueled by increasing sports fandom, the rise of e-commerce, and strategic partnerships between leagues, teams, and brands, ensuring that licensed sports merchandise remains a lucrative and evolving market through the next decade.
Read the full report here: https://www.imarcgroup.com/licensed-sports-merchandise-market
What will be the market size of the licensed sports merchandise market in the coming years?
The licensed sports merchandise market is poised for steady growth in the coming years, building on its strong foundation as a popular segment of the global sports industry. In 2024, the market size reached USD 33.5 billion, driven by fan enthusiasm for officially branded apparel, accessories, and collectibles. Looking ahead, it is projected to expand to USD 44.7 billion by 2033, with a compound annual growth rate (CAGR) of 3.2% from 2025 to 2033. This growth is fueled by increasing sports fandom, the rise of e-commerce, and strategic partnerships between leagues, teams, and brands, ensuring that licensed sports merchandise remains a lucrative and evolving market through the next decade.
Read the full report here: https://www.imarcgroup.com/licensed-sports-merchandise-market
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