Licensed sports merchandise products are widely accepted by consumers due to the rising adoption of apparel and footwear by consumers over the years.
Albany, NY -- (SBWIRE) -- 06/11/2018 -- Market Research Hub (MRH) has discoursed a new research study titled "Licensed Sports Merchandise Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 – 2026", which has been added to its vast online repository. Through this smart assessment, readers can acquire useful information associated to the prime trends and expected growth prospects impacting the market in the near future. According to research findings, the market is estimated to grow at 4.8% CAGR during the forecast period from 2018 to 2026. Considering the volume aspect, the market is likely to reach 1184.9 million units at 4.1% CAGR until 2026.
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This report offers a holistic perspective on the licensed sports merchandise market development during the forecast period in terms of value (in US$ Mn), and volume (Million Units) covering different geographies, such as North America, Asia Pacific, and South America, Europe and Middle East & Africa. It has been analyzed that, North America acquired the largest market share in 2017 and is projected to grow gradually due to rising popularity of sporting leagues and their swelling fan base. In terms of revenue, the Asia Pacific region is expected to emerge as the fastest growing regional market for licensed sports goods. Such expectations are based on a variety of factors such as high population density, transforming standard of living, together with rising disposable income across developing economies like India and China.
As the report proceeds, readers can access knowledge about the global licensed sports merchandise market segmentation. The concerned market is bifurcated on the basis of product type and distribution channel. In terms of product type, the licensed sports merchandise market is segmented into sports footwear, sports apparel, sports accessories and toys, video games, domestic & housewares, video games and others (gifts, souvenirs and novelties). Based on distribution channel, the chief segments are online distribution channel and offline distribution channel. The concluding section of the report talks about the primary market players such as Nike Inc., Puma SE, Prada Group, Sports Direct International Plc., Ralph Lauren, VF Corporation, Quiksilver, Inc., Li Ning Company Limited, Newell Brands, Inc., eBay Everlast Worldwide, Inc. and Enterprise, Inc. Overall, this research report acts as a convenient data source for amateur investors who wish to gain maximum awareness about the global licensed sports merchandise market. Furthermore, the presence of tables and figures helps in validating the researched data for drawing useful conclusions.
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