Thursday, February 9, 2023

What the Future of Collectibles Market Looks Like (2022-2028)?


Collectibles is an object that is suitable for a collection, originally a work of fine art or an antique, now including any of a wide variety of items collected as a hobby, for display, or as an investment whose value may appreciate. Collectibles can be coins, stamps, shares, military items, books, vintage fashion, autographs, classic cars, toys, photos, art deco, etc. In addition, the growing interest of the populace to collect antiques and unique items is the key factor driving the growth of the market. Moreover, as the popularity of collectibles grows, an increasing number of mainstream musicians, celebrities, and big sports organizations are entering this industry as a new means to reach new audiences. As a result, a wider range of antique & collectible items are available in the markets. For instance, in May 2022, eBay launched its first-ever Genesis collection, breaking Wayne Gretzky's previous record, eBay is offering 3D and animated representations of iconic athletes who have graced Sports Illustrated covers over the years.  

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 According to UnivDatos Market Insights (UMI)’ research report “Global Collectibles Market”, the market is expected to witness robust growth during the forecast period (2022-2028).

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 owing to the rising disposable income, coin shows, and numismatics educational institutes have further attracted more consumers. Improvements in the laws for coin trading are expected to create new opportunities. Considering all these factors, the global collectibles market is expected to witness significant growth during the forecast period.

Based on the 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 hold the fastest growth during the forecast period. This is mainly due to safe delivery, increasing smartphone and internet penetration, and developments in the electronics industry. Moreover, the rising disposable income and growing unique purchasing capacity among the population followed by the advancements in the e-commerce industry are positively stimulating the collectible industry landscape.

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North America to witness extensive growth

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 is anticipated to grow at a substantial CAGR during the forecast period. This is mainly due to the increasing demand for periodic coins, arts & toys collections, rising interest in collecting luxurious items, and the growing retailing opportunities in the collectibles market. These are the major factors for the growth of the collectibles market during the forecast period.  

“Global Collectibles Market provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for the market players. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitors’ capabilities on different parameters. This will help companies in the formulation of go-to-market strategies and identifying the blue ocean for its offerings.      

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Market Segmentation:

1.     By Product Type (Coins & Stamps, Books & Comics, Art, Toys, and Others)

2.     By Sales Channel (Licensed Collectible Manufacturers, Specialized Collectibles Marketplace, E-commerce Portals, and Offline Retails & Auction Houses)

3.     By Region (North America, Europe, Asia-Pacific, Rest of the World)

4.     By Company (Amazon, Ruby Lane, Webstore, Etsy Inc., eBay Inc., OLX Group, Rehab Vintage Interiors, Shopify Inc., Antiques & Chatchkes, and Topps Company Inc.)

Key questions answered in the study:

1.     What are the current and future trends of the global collectibles industry?

2.     How the industry has been evolving in terms of product type, and sales channel?

3.     How the competition has been shaping across the countries followed by their comparative factorial indexing?

4.     What are the key growth drivers and challenges for the global collectibles industry?

5.     What is the customer orientation, purchase behavior, and expectations from the global collectibles suppliers across various region and countries? 

Table of Content –

1 MARKET INTRODUCTION

2 RESEARCH METHODOLOGY OR ASSUMPTION

3 MARKET SYNOPSIS

4 EXECUTIVE SUMMARY

5 IMPACT OF COVID-19 ON THE COLLECTIBLES MARKET

6 COLLECTIBLES MARKET REVENUE (USD BN), 2020-2028F

7 MARKET INSIGHTS BY PRODUCT TYPE

8 MARKET INSIGHTS BY SALES CHANNEL

9 MARKET INSIGHTS BY REGION

10 COLLECTIBLES MARKET DYNAMICS

11 COLLECTIBLES MARKET OPPORTUNITIES

12 COLLECTIBLES MARKET TRENDS

13 DEMAND AND SUPPLY-SIDE ANALYSIS

14 VALUE CHAIN ANALYSIS

15 COMPETITIVE SCENARIO

16 COMPANY PROFILED

17 DISCLAIMER

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