SHERIDAN, WYOMING, UNITED STATES, April 22, 2022 /EINPresswire.com/ — According to IMARC Group’s latest report, titled “Licensed Sports Merchandise Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” The global licensed sports merchandise market reached a value of US$ 29.9 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 39.8 Billion by 2027, exhibiting a CAGR of 4.9% during 2022-2027.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Licensed sports merchandise refers to numerous products sponsored by a sports team or sportsperson using the copyrighted name, logo, or trademark. It helps reduce infringements on the brands of individual players and teams by protecting their unique ideas from duplication. It includes a collection of sports equipment, apparel, footwear, and accessories available in diverse sizes, designs, and colors for different age groups.
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The increasing number of sports enthusiasts, rising launch of regional and international sports leagues, and growing fan participation are among the key factors driving the market. In addition, the introduction of lightweight, breathable, and waterproof sports accessories and apparel via online retail channels is creating a favorable outlook for the market around the world. Moreover, the wide availability of jerseys, t-shirts, socks, tracksuits, lowers, and activewear, with printed logos of sports teams is gaining immense traction among individuals who prefer fashionable gym wear or casuals.
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List of Key Companies Covered in this Market Report:
Dick’s Sporting Goods Inc.
G-III Apparel Group Ltd.
Prada, Puma SE
Sports Direct International Plc
Under Armour Inc.
The report has segmented the market on the basis of product type, distribution channel, price range, end-user and geography
Breakup by Product Type:
Apparel and Footwear
Accessories and Gifts
Toys and Games
Breakup by Distribution Channel:
Supermarkets and Hypermarkets
Breakup by Price Range:
Breakup by End-User:
Breakup by Geography:
North America (U.S. & Canada)
Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
Latin America (Brazil, Mexico)
Middle East & Africa
Key highlights of the report:
Market Performance (2016-2021)
Market Outlook (2022- 2027)
Porter’s Five Forces Analysis
Market Drivers and Success Factors
Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
Related Report by IMARC Group:
Online Beauty and Personal Care Products Market: https://bit.ly/3elkuhl
Children’s Wear Market: http://bit.ly/3asdpte
Hiking Gear and Equipment Market: https://bit.ly/3cYK39U
Sleep Mask Market: https://bit.ly/3hff2Bs
Functional Apparel Market: https://bit.ly/3mFxqEy
Smart Textiles Market Report: https://bit.ly/2yjEqSf
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