Collectible Trading Cards Market Size, Share, Growth, and Industry Analysis, By Type (Sports Card, Non-sports Cards), By Application (Entertainment, Favorites) and Regional Forecast to 2031

Updated On: 08 April 2024

COLLECTIBLE TRADING CARDS MARKET REPORT OVERVIEW

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The global collectible trading cards market size was USD 1559.02 million in 2021 and the market is projected to touch USD 2261.6 million by 2031, exhibiting a CAGR of 3.79% during the forecast period.

A collectible card is another term for a trading card game. It is a little card made of thick paper and a paper-board that contains a photograph of an individual, the individual's location, the item code, and other data statistics. Trading card games are said to be related with a variety of sports. To clarify, a trading card game also deals with other games, such as Pokémon, which is distinct from other sports trading card games. For the record, the trading card game is the most popular of all card games. Furthermore, baseball is the most popular sports trading card game. 

Because of substantial technology breakthroughs in the field of sports trading cards, the worldwide Sports Trading Card industry has experienced rapid expansion. Some sports leagues are active all the time, with up to five trading-card licensees. Only one card manufacturer negotiated "exclusive" trading-card deals with the four major sports leagues. The presence of a large population base in this industry, particularly in developed countries throughout the world, is expected to drive the expansion of the Sports Trading Card Market in the coming years. Furthermore, the introduction of different sports channels to gain viewership contributes to the rise of the trading game card. Certain difficulties and constraints will stymie the market's expansion. As the internet grew in popularity, collectors abandoned sports cards, and more people went online; this aspect hampered the expansion of the offline sports trading card sector.

COVID-19 Impact: Market Growth Restrained by Pandemic due to Supply Chain Disruptions

The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the rise in CAGR is attributable to market’s growth and demand returning to pre-pandemic levels.

The Pandemic of Covid-19 has had a devastating impact on the Trading Card Market with regard to the industries. Due to the lockdown and social distancing norms, major corporations have ceased operations in several areas. Following the pandemic, the industry anticipates a surge in requirements and demand because to increase urbanization and the growing need for efficient use of available space.

LATEST TRENDS

"Increased Investment In The Industry Of Communal Card Games May Create New Growth Potential For The Market "

A surge in the allocation of finances for collectible card games would provide new growth prospects for the global trading card game market. Collectible card games, for example, are an excellent investment possibility for people who enjoy art. Few of the most popular collectible card games are inexpensive and thus popular among both young and old people. Several new trends are emerging in the worldwide collectible trading card market. For starters, the rise of digital platforms and online marketplaces has made rare and valuable cards more accessible, boosting trade and sales. Second, the increasing popularity of card grading services has enhanced card value and transparency, attracting more collectors and speculators. Third, collaborations between trading card businesses and well-known franchises, such as sports leagues and entertainment properties, are increasing demand by capitalizing on brand recognition. Finally, the introduction of non-fungible tokens (NFTs) has added a new dimension to the market, allowing for one-of-a-kind digital ownership and trading experiences.

COLLECTIBLE TRADING CARDS MARKET SEGMENTATION

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By Type

Based on type the global market can be categorized into sports card, non-sports cards.

Sports cards are sports trading cards that feature player or professional athlete autographs. Autographs on sports cards increase the card's value by making it distinctive and special for fans.

By Application

Based on application the global market can be categorized into entertainment, favorites.

Set checklists, expert analysis, product evaluations, pricing comparisons on boxes, and savings on trading card singles are all available at entertainment trading card sets.

DRIVING FACTORS

"Increasing Urbanization and Quick Growth In Emerging Areas To Boost The Market"

Trading card innovations boost the global market for sports trading cards. Rising urbanization and quick growth in emerging areas such as the Middle East and Asia Pacific are driving growth in the sports trading business. In India and China, two of the largest rising countries, there are numerous chances for business expansion in the sports trading card industry. Because of increased growth and urbanization, emerging markets in developing countries have been pushing the global sports trading card market.

"Increase in the Population of Recent College Grads to Drive Market Development"

An increase in the number of twenty-to-thirty-year-olds worldwide, along with a high spending limit, is expected to boost collectible trading cards market growth. A rise in web traffic and a growing number of players are likely to drive well-known market growth. An increase in millennial spending, combined with expanded efforts by prominent industry participants, is expected to boost market growth. Increased interest in trading card games and a bigger proportion of the population preferring to play web-based games are predicted to drive market development. Expanded industrialization and an increase in tablet and cell phone clients, together with widespread acceptance of portable gaming, are expected to fuel market growth in the next years. The game's popularity for skill development is expected to boost trading card game market growth in the next years.

RESTRAINING FACTOR

"Growing Game Addiction May Limit Worldwide Industry Expansion Throughout The Foreseeable Period"

A increase in game addiction, which can lead to gambling habits, could harm the worldwide trading card game industry. Aside from that, playing trading card games can be time-consuming, which can reduce the trading card games' popularity. Aside from that, playing trading card games can be mind-numbing and divert students' attention away from their schoolwork. All of the previously identified factors will stifle global industry expansion.

COLLECTIBLE TRADING CARDS MARKET REGIONAL INSIGHTS

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"Asia Pacific to Lead the Market owing to Twenty- to Thirty-Year-Old Population Growth "

During the projection period, Asia Pacific accounted for half of the worldwide collectible trading cards market share in 2022 would be the leading region. Because of the growth in the twenty- to thirty-year-old population and rising discretionary cash flow, Asia Pacific is predicted to constitute the largest trading card game piece of the pie work on global pay and increased interest in web-based gaming are expected to overwhelm market development. The growing number of cell phone users, together with the creation of economies in general, is expected to drive market growth. A rise in web traffic and a growing number of players are likely to drive notable market growth.

KEY INDUSTRY PLAYERS

"Key Industry Players Shaping the Market through Innovation and Market Expansion"

To stay ahead of the competition, prominent market players are collaborating by partnering with other companies. Many businesses are also investing in new product launches in order to diversify their product line. Mergers and acquisitions are other important strategy that players utilize to extend their product portfolios. Last year, the industry saw a boom in collecting and flipping trading cards, owing in large part to people remaining at home and resorting to cards in the absence of sports on television. Trading cards also give collectors another way to diversify their investments. Throughout 2021, the firm investigated numerous innovative approaches to improve the experience for buyers and sellers, particularly in the collectibles market.

List of Market Players Profiled

• Futera (U.S.)
• Epoch (Canada)
• Hasbro (U.S.)
• Leaf Trading Cards (U.S.)
• Panini (Italy)
• Cryptozoic Entertainment (U.S.)
• Topps (U.S.)
• TRISTAR Productions (U.S.)
• Cartamundi
• Upper Deck Company  (U.S.)

INDUSTRIAL DEVELOPMENT

• July 2023: Upper Deck announced a pact with Connor Bedard, the first overall NHL Draught pick. The company will produce autographed trading cards and will be the only owner of the player's trading cards under this arrangement.

REPORT COVERAGE

The study encompasses a comprehensive SWOT analysis and provides insights into future developments within the market. It examines various factors that contribute to the growth of the market, exploring a wide range of market categories and potential applications that may impact its trajectory in the coming years. The analysis takes into account both current trends and historical turning points, providing a holistic understanding of the market's components and identifying potential areas for growth.

The research report delves into market segmentation, utilizing both qualitative and quantitative research methods to provide a thorough analysis. It also evaluates the impact of financial and strategic perspectives on the market. Furthermore, the report presents national and regional assessments, considering the dominant forces of supply and demand that influence market growth. The competitive landscape is meticulously detailed, including market shares of significant competitors. The report incorporates novel research methodologies and player strategies tailored for the anticipated timeframe. Overall, it offers valuable and comprehensive insights into the market dynamics in a formal and easily understandable manner.