Global Licensed Sports Merchandise Market

Global Licensed Sports Merchandise Market Overview 

• The global Licensed Sports Merchandise market size was worth around USD 32.12 Billion in 2023 and is predicted to grow to around USD 56.56 Billion by 2033 with a compound annual growth rate (CAGR) of 4.88% between 2023 and 2033.
• The licensed sports merchandise industry is a business that engages in the production and sale of officially branded sports-related products by professional sports teams, leagues, athletes, and events.
• Strong fan loyalty, increasing popularity of international sports events, athlete endorsement, team brand, expanding e-commerce, social media, and rising youth involvement in sports culture drive the licensed sports merchandise industry.

Major vendors in the global licensed sports merchandise market are

VF Corporation; Nike Inc.; Adidas AG; Puma SE; Under Armour, Inc.; Hanes brands Inc.; DICK’S Sporting Goods Inc.; Sports Direct International plc; G-III Apparel Group, Ltd.; Fanatics Inc, Others.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the licensed sports merchandise market based on the below-mentioned segments:

Global Licensed Sports Merchandise Market, By Product

• Sports Apparel
• Toys and Games
• Others

Global Licensed Sports Merchandise Market, By Distribution Channel

• Online
• Offline

Global Licensed Sports Merchandise Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa