Latest News- Sports Trading Card Market: Online is expected to lead the Distribution Channel segment during 2025-2029

The Sports Trading Card Market is being driven by Growing demand for acquiring sports trading cards online

The Sports Trading Card Market is expected to grow at a CAGR of 19.1% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 12285.9 million. Bitcoin, a decentralized digital currency, offers numerous advantages for transactions in the sports trading card market. With no requirement for personal details and regulatory oversight, international transactions are facilitated seamlessly. Bitcoin's benefits include ease of deposits and withdrawals, reduced fraud risks, swift payments, and zero transaction fees. These features enhance customer satisfaction, thereby boosting the global sports trading card market's growth during the forecast period. Bitcoin's use in this sector is expected to increase due to its inherent advantages over traditional currencies. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Distribution Channel
  • Online
  • Offline
• Product Type
  • Physical
  • Digital
• Type
  • Rookie cards
  • Autographed cards
  • Game-used memorabilia cards
  • Parallel cards
• Application
  • Basketball
  • Association football
  • American football
  • Others
• Geography
  • Europe
    • Germany
    • UK
    • France
    • Italy
  • North America
    • Canada
    • US
  • APAC
    • China
    • India
    • Japan
    • South Korea
  • South America
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Growing demand for acquiring sports trading cards online
• Growing popularity of sports leagues
• Legalization of online gambling

However, the market also witnesses some limitations, which are as follows:

• Growing online data security issues
• Lack of knowledge about sports trading cards in developing countries
• Lack of control over ratings on sports cards online

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Market Scope in Sports Trading Card Market Research Report

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Research Analysis Overview

The Collectibles industry encompasses various sectors, including sports trading cards. Leagues and trading card licensees produce collectible cards on paperboard, such as Baseball cards and Pokémon. Digital currencies like Bitcoin and digital wallets have entered the market, offering digital trading cards. Sports, athletes, and legendary players are popular themes, with historical and contemporary cards sought after by collectors. Nostalgia and fandom drive the demand for vintage classics and modern releases. Prize pools and exchanges provide investment opportunities for sports card investors. Sports events and athletes contribute to the creation of unique cards, while digital currencies add a new dimension to the industry.

Market Research Overview

The global leisure products market encompasses a broad spectrum of sectors, including sports trading cards. This segment is characterized by the production of trading cards, collectible cards, and paperboard products, with notable sub-categories being Baseball cards and the popular phenomenon of Pokémon cards. The market's expansion is underpinned by several key drivers. Firstly, the proliferation of sports leagues granting licensing agreements to trading card manufacturers fuels market growth. Moreover, the rising popularity of collectible cards, particularly in the context of comic books and sports, further bolsters market expansion. The global household durables market, which includes leisure products, is projected to experience significant growth due to factors such as the increasing number of health and fitness club memberships, reflecting a growing trend towards active lifestyles and leisure pursuits.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/