If you have ever wondered how large the memorabilia market is, there are some facts that you should know. According to the latest report, the U.S. memorabilia market is US$2.5 billion, with Europe and the Middle East following suit. Sports memorabilia is a diverse category, with items ranging from cards and jerseys to sports merchandise, figurines, and bobbleheads. Regardless of what kind of memorabilia you have, there’s likely a market for it.
In terms of sales, football dominates the sports memorabilia market, with more than 2.5 billion dollars going to the trading card business. NFL, MLB, and NBA collectibles all account for more than one-third of this total. In terms of regional share, the US leads the way, but Asia-Pacific countries are also growing quickly, with the industry expected to reach 38% by 2022. If you’re a sports fan, you should know that a memorabilia business is an important part of your business.
Sports memorabilia is one of the fastest-growing sectors in the world, with a projected US$227.2 billion market by 2032. While non-fungible token sports collectibles are a new phenomenon, their popularity is expected to skyrocket. According to a recent report from Market Decipher, the market will grow at a CAGR of 19.8% over the next decade. However, it will remain the largest segment of the sports collectibles industry.