Albany, New York, July 12, 2018: A new detailed study titled “Licensed Sports Merchandise Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 – 2026” has recently been submitted to the repository of Market Research Reports Search Engine (MRRSE). The research study offers in-depth analysis and insights on the key factors that are driving the growth of global licensed sports merchandise market.
According to the report, growing popularity of various sports and sportsperson has been a key factor driving the growth of the licensed sports merchandise market. The increase in the number of fans and leagues has also contributed to the growth of the market during the assessment period.
The millennial demographic is one of the key target audiences for licensed sports merchandisers as spending on sports apparel is high among this demographic. In a bid to cater to this demographic, manufacturers are focusing on creating targeted advertisements and marketing campaigns. It is highly likely that licensed sports merchandise market will be reliant on the youth demographic for increased sales during the assessment period.
In a bid to offer detailed insights and analysis on the licensed sports merchandise market, the report offers segment-wise forecast. The report segments the global licensed sports merchandise market into distribution channel, product type market and region market. The distribution segment is further divided into online distribution channel, specialty stores, offline distribution channel, department stores and others. The product type segment is further sub-segmented into sports apparel, sports accessories and toys, domestic and housewares, sports footwear, video games and others.
Geographically, the market is divided into key regions globally which are Europe, North America, South America, Asia Pacific and Middle East & Africa. According to the research study, North America is one of the largest markets for licensed sports merchandise manufacturers globally. The US accounts for the majority revenue share of the market, and it is highly likely that the status quo will remain unchanged during the assessment period. In addition to North America, Asia Pacific is also likely to be one of the leading markets for licensed sports merchandise manufacturers during the assessment period.
The business intelligence study also offers in-depth analysis on the key product strategies in the market. The report profiles some of the leading players operating in the market. Some of these players are Nike Inc., Puma SE, VF Corporation, Quick Silver Inc., Li Ning Company Limitd, Everlast Worldwide Inc, Prada Group, Sports Direct International Plc, Ralph Lauren, Newell Brands Inc., eBay Entrprise Inc. and Knights Apparel.
Browse Full Global Licensed Sports Merchandise Market Report with TOC : https://www.mrrse.com/licensed-sports-merchandise
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