Sports Trading Card is a trading card printed with a sports theme, usually one depicting an athlete. Sports Trading card products contain photographs of athletes as well as other features, including player and team statistics, biographical material and, in certain cases, pieces of memorabilia and/or players’ autographs. Sports card products have historically featured professional sports figures from Major League Baseball, NFL Football, NBA Basketball and NHL Hockey, MLS, LaLiga, Bundesliga, Serie A, Premier League, Ligue 1, Tennis etc.
The global Sports Trading Card market size is projected to reach US$ 2516.89 million by 2027, from US$ 974.44 million in 2020, at a CAGR of 13.29% during 2021-2027.
The global sports trading card market is principally driven by significant technological advancements in the field of trading cards. Also, the fast growth of emerging markets such as the Asia Pacific and the Middle East, and the rapid urbanization globally is boosting the market. China and India are among two of the biggest emerging markets, holding lucrative opportunities for business expansions across the sports trading card industry. The emergence of new markets in the developing countries is owing to the undergoing rapid urbanization and development has been the driving factor propelling the global sports trading card market. Moreover, Rapid technological advancements and continual innovations to keep pace with dynamic consumer preferences are working in favor of the market.
Furthermore, the advent of global sports events such as the National Basketball Association, Major League Baseball, the National football league and many more have opened the way in increasing sports sponsorships and increase in the number of Internet-accessible devices，coupled with the emergence of multiple sports channels to capture viewership have positively anticipated in propelling the growth of the global sports trading card market.
Physical Sport Trading Card have been tremendously popular for a long time, and in its transition to digital has managed to reach a massive audience
Despite NFTs have a tremendous potential impact on the current decentralized markets and the future business opportunities, the development of the NFT ecosystem is still in its early stage and the technologies of NFTs are pre-mature. Similar to the situations of most cryptocurrencies, NFTs also confront the barriers like strict management from the governance. On the other side, how to properly regulate this nascent technology with the corresponding market is also a challenge.
Nevertheless, the advancements in technologies and demand for new, recent, and vintage cards are seeing to have a boom in the sports trading card industry. Moreover, sports card investing has proven to show extremely impressive returns for traders coupled with an increasing number of events with large prize pools offer lucrative growth opportunities during the forecast period.
Leading players in the Sports Trading Card industry include Panini, Topps Company, The Upper Deck Company, Futera, Leaf Trading Cards. Presently, the market highly monopolized by Panini and Topps Company. Panini is the largest manufacturer and owns more than 55% sales share globally while Topps Company holds about 28% share, as a follower.
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