The article cited AMA's Global Sports Trading Card Market Study explored substantial growth with CAGR of %. According the report, The Popularity of Sports Trading Cards by Social Media is one of the primary growth factors for the market. Strong Growth owing to the Significant Technological Advancements in the Field of Sports Trading Cards is also expected to contribute significantly to the Sports Trading Card market. Overall, applications of Sports Trading Card, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as The Topps Company (United States), The Upper Deck (United States), Panini America (United States), Sweet Works (United States), Cloetta (Sweden), CHUPA CHUPS (Spain), Impact Confections (United States), Cryptozoic (United States), Tri-Star (United States) and Fantasy Flight Games (United States) may see astonishing sales in this Market and certainly improve revenue growth.
The Sales Channel, such as Online, is boosting the Sports Trading Card market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Sports Trading Card market identified that the demand is rising in many different parts of the world as "Rapid Urbanization and Development of New Markets in the Developing Countries". Furthermore, some recent industry insights like "On 29th June 2022, Topps announces to launch of Topps Series 4 NFT Cards to complete the 21/22 Bundesliga season on the platform. Meanwhile, Bundesliga launched three NFT trading card series via the Topps platform." is constantly making the industry dynamic. One of the challenges that industry facing is "Rapid Shift towards Online Games and Media Sector"
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of Sports Trading Card market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of Sports Trading Card market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the Sports Trading Card market tight? Which application/end-user category or Product Type [Baseball card, Football card, Basketball card, Soccer card and Others] may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Sports Trading Card market and other related sub-markets covered in the study.
o Key & emerging players in the Sports Trading Card market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Sports Trading Card market size is calculated using market estimation process, the Sports Trading Card market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Sports Trading Card market size has been validated using both top-down and bottom-up approaches.