Collectibles Market: Current Analysis and Forecast (2022-2028)

Collectibles Market: Current Analysis and Forecast (2022-2028)

The global collectibles market is expected to grow at a significant rate of around 4% during the forecast period. Collectibles are any items whose values are higher than their original purchase price. Some of the most common collectibles include antiques, coins, comic books, baseball cards, stamps, and toys. The value of collectibles depends on several factors, including their condition and how many other similar items are available on the market. Likewise, the increasing demand among the population to collect these collectibles is the key variable driving the growth of the market during the forecast period. Furthermore, with growing interest from foreign buyers, sports memorabilia prices have risen to even much higher in the past decade. Game-used items, such as balls and jerseys, are in high demand as well. For instance, Trading cards on eBay grew 1.5 times in 2020, with over 4 million more cards sold than in 2019. Similarly, Soccer (1,500% increase) and basketball (370%) saw the most significant growth out of all sports cards.

Amazon, Ruby Lane, Webstore, Etsy Inc., eBay Inc., OLX Group, Rehab Vintage Interiors, Shopify Inc., Antiques & Chatchkes, and Topps Company Inc. are some of the key players in the market. Several M&As along with partnerships have been undertaken by these players to facilitate customers with hi-tech and innovative products/technologies.

Insights Presented in the Report
"Amongst product type, Coins & Stamps category to witness robust CAGR during the forecast period”

Based on product type, the market is segmented into coins & stamps, books & comics, art, toys, and others. coins & stamps category to witness higher CAGR during the forecast period. The coin is considered a popular activity since historic times and can be presented as a gift today. Moreover, coin collection is not considered a hobby but also an investment whose return depends upon the demand and rarity of the coin. In addition, rare coins are not limited and are available on various online or offline platforms.
"Amongst sales channel, the E-commerce portals to hold a significant share in the market in 2020”

On the basis of sales channel, the market is categorized into licensed collectible manufacturers, specialized collectibles marketplace, E-commerce portals, and offline retails & auction houses. Among these, the E-commerce Portals to hold a significant share in the market in 2020. This is mainly due to the online auctions and e-commerce sites have transformed collectibles and memorabilia into big business. For instance, Amazon has launched a store for sports collectibles. This store currently has a selection of hats, bats, jerseys, mugs, figurines, fan art, shot glasses, trading cards, and autographed selection.
"North America to hold a significant share in the market”

For a better understanding of the market adoption of the collectibles industry, the market is analyzed based on its worldwide presence in the countries such as North America (U.S., Canada, Rest of North America), Europe (Germany, U.K., France, Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), Rest of World. North America held a significant share of the global collectibles market. Mainly due to recent advancements in payment technologies, innovation in sales models, and the vast popularity of memorabilia among populations in several developed nations. The vast strides made by the e-commerce sector in emerging economies of North America is a key factor expected to create numerous promising prospects in this region.

Reasons to buy this report:

• The study includes market sizing and forecasting analysis validated by authenticated key industry experts.
• The report presents a quick review of overall industry performance at one glance.
• The report covers an in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolio, expansion strategies, and recent developments.
• Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry.
• The study comprehensively covers the market across different segments.
• Deep dive regional level analysis of the industry.

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